Bmw Car Club Of America Inc
- Assets
- $27.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chaska, MN
- Founding
- 02/2007
- Data as of
- 12/2020
- EIN
- 41-1752399
Organization Overview
Bmw Car Club Of America Inc is located in Chaska, MN. The organization was established in 2007. 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 subordinate organization within an affiliated group for tax-exemption purposes. Bmw Car Club Of America Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2020, Bmw Car Club Of America Inc generated $19.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (15.9%) each year. All expenses for the organization totaled $14.5k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (17.5%) per year over the past 6 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
2020
Describe the Organization's Program Activity:
Part 3
INSTRUCTED SEVENTY FIVE PLUS TEEN DRIVERS AND ONE HUNDRED PLUS ADULTS TO DRIVE WITH MORE SKILL AND TO MAINTAIN A HIGHER LEVEL OF ALERTNESS WHILE DRIVING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jerusha Thompson Treasurer | 4 | $0 | |
Travis Mjolsnes VP | 4 | $0 | |
Tracy Rolf President | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $19,771 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $19,771 |
| 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 | $200 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $14,313 |
| Total expenses | $14,513 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $26,537 |
| Other assets | $0 |
| Total assets | $27,287 |
| Total liabilities | $0 |
| Net assets or fund balances | $27,287 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wisconsin Club Inc Milwaukee, WI | $13,631,132 | $7,676,658 |
Milwaukee Country Club River Hills, WI | $13,393,861 | $8,032,632 |
North Shore Country Club Mequon, WI | $12,385,301 | $7,356,496 |
Woodhill Country Club Wayzata, MN | $12,252,723 | $5,942,697 |
Green Bay Country Club Inc Green Bay, WI | $11,578,714 | $7,130,925 |
Minneapolis Club Inc Minneapolis, MN | $13,677,806 | $3,594,595 |
Spring Hill Golf Club Wayzata, MN | $14,177,799 | $4,336,296 |
Chenequa Country Club Inc Hartland, WI | $8,162,285 | $3,577,706 |
Tuckaway Country Club Inc Franklin, WI | $8,452,752 | $4,849,926 |
Lake Geneva Country Club Fontana, WI | $6,852,229 | $4,168,458 |
West Bend Country Club West Bend, WI | $5,974,564 | $4,364,708 |
Ozaukee Country Club Mequon, WI | $8,942,938 | $4,466,507 |