Midwest Vintage Racecar Club Inc
- Assets
- $17.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Greensburg, IN
- Founding
- Data as of
- 12/2022
- EIN
- 51-0505783
Organization Overview
Midwest Vintage Racecar Club Inc is located in Greensburg, IN.
For the year ending 12/2022, Midwest Vintage Racecar Club Inc generated $5.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $5.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.9%) per year over the past 7 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
MIDWEST VINTAGE RACECAR CLUB ORGANIZES ANDPROMOTES DISPLAY AND "ON TRACK" EVENTS FOR OWNERS, DRIVERSAND FANS OF VINTAGE OVAL TRACK RACING CARS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bill Simpson Secretary | 3 | $0 | |
Jim Channell President | 3 | $0 | |
Carl Root Treasurer | 3 | $0 | |
Mike Doran Vice President | 3 | $0 | |
Robert Dicks MD Board Member | 1 | $0 | |
Mike Lynn Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $5,686 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $5,686 |
| 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 | $435 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $4,818 |
| Total expenses | $5,253 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $17,536 |
| Other assets | $0 |
| Total assets | $17,586 |
| Total liabilities | $0 |
| Net assets or fund balances | $17,586 |