Red River Valley Motorcyclists
- Assets
- $13.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Grand Forks, ND
- Founding
- 08/2002
- Data as of
- 12/2022
- EIN
- 45-0460022
Organization Overview
Red River Valley Motorcyclists is located in Grand Forks, ND. The organization was established in 2002. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Red River Valley Motorcyclists is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Red River Valley Motorcyclists generated $45.1k 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 (6.9%) each year. All expenses for the organization totaled $60.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.5%) 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
2022
Describe the Organization's Program Activity:
Part 3
ANNUAL MOTORCYCLE SHOW AND RAFFLE, RAISING FUNDS FROM SPONSORS, VENDORS, ENTRANTS, ATTENDANTS, AND DONATIONS. PROCEEDS FROM EVENT ARE DONATED TO VARIOUS NONROFIT ORGS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lawrance R Gaddie President | 1 | $0 | |
Donald E Roberts Vice President | 1 | $0 | |
Sarah J Seydel Secretary | 1 | $0 | |
Timothy L Gowan Sgt At Arms | 1 | $0 | |
Mike D Hagen Director | 1 | $0 | |
Dan J Gowan Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $45,141 |
| Other Revenue | $0 |
| Total Revenue | $45,141 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $10,750 |
| Total expenses | $60,550 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,433 |
| Other assets | $0 |
| Total assets | $13,433 |
| Total liabilities | $8,744 |
| Net assets or fund balances | $4,689 |