Cornhuskers Corvette Club Ltd
- Assets
- $36.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Boys Town, NE
- Founding
- 11/1978
- Data as of
- 01/2022
- EIN
- 47-0590780
Organization Overview
Cornhuskers Corvette Club Ltd is located in Boys Town, NE. The organization was established in 1978. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Cornhuskers Corvette Club Ltd is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 01/2022, Cornhuskers Corvette Club Ltd generated $55.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $60.5k during the year ending 01/2022. While expenses have increased by 2.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
SANCTIONED EVENTS, SOCIALS AND AUTO SHOW FOR MEMBERS TO PROMOTE CORVETTE OWNERSHIP AND OPERATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Salmans Vice President | 0 | $0 | |
Dave Ferguson Director | 0 | $0 | |
Brenda Salmans Director | 0 | $0 | |
Barb Zornes Director | 0 | $0 | |
Lauren Killam Secretary | 0 | $0 | |
Ray Zimmerman Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,500 |
| Total Program Service Revenue | $37,070 |
| Membership dues | $10,338 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $55,329 |
| 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 | $7,200 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $53,276 |
| Total expenses | $60,476 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $29,492 |
| Other assets | $0 |
| Total assets | $36,492 |
| Total liabilities | $0 |
| Net assets or fund balances | $36,492 |
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