Teamster Horsemen Motorcycle Association Inc is located in Sugar Grove, IL. The organization was established in 2010. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is a parent organization of an affiliated group for tax-exemption purposes. Teamster Horsemen Motorcycle Association Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Teamster Horsemen Motorcycle Association Inc generated $54.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (4.6%) each year. All expenses for the organization totaled $37.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (7.3%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
RAISING MONEY FOR SICK/NEEDY FAMILIES IN THE COMMUNITY.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anthony Didonato President | 0 | $0 | |
James Lavin Vice Preside | 0 | $0 | |
John Mayrens Sec/treasure | 0 | $0 | |
Chuck Padilla Trustee | 0 | $0 | |
Ronald Gould Truste | 0 | $0 | |
Bill Baumgartner Trustee | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,021 |
| Total Program Service Revenue | $0 |
| Membership dues | $33,756 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $54,777 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $500 |
| Occupancy, rent, utilities, and maintenance | $6,275 |
| Printing, publications, postage, and shipping | $3,742 |
| Other expenses | $25,663 |
| Total expenses | $37,130 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $47,158 |
| Other assets | $0 |
| Total assets | $47,158 |
| Total liabilities | $0 |
| Net assets or fund balances | $47,158 |