Central Virginia Mustang Club is located in Richmond, VA. The organization was established in 1989. 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. Central Virginia Mustang Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2016, Central Virginia Mustang Club generated $2.0k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 58.6% each year .
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2016
Describe the Organization's Program Activity:
Part 3
THE CLUB IS ORGANIZED TO PROVIDE A COMMON MEETING FOR FORD MUSTANG ENTHUSIASTS. TWO CAR SHOWS PER YEAR ARE OFFERED BY THE CLUB AND PART OF THE PROCEEDS ARE DONATED TO CHARITABLE ORGANIZATIONS. THE CLUB SUPPORTS OVER 100 MEMBERS ANNUALLY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kathy Mcwilliams President | 2 | $0 | |
Ron Martin Treasurer | 2 | $0 | |
Michelle Jordan Secretary | 2 | $0 | |
Graham Marsteller Vice President | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $5,400 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | -$3,403 |
Other Revenue | $0 |
Total Revenue | $1,997 |
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 | $300 |
Other expenses | $16,334 |
Total expenses | $16,634 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $7,518 |
Other assets | $0 |
Total assets | $7,518 |
Total liabilities | $0 |
Net assets or fund balances | $7,518 |