Tcpba is located in Minneapolis, MN. The organization was established in 2019. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tcpba is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Tcpba generated $44.3k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $38.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.9%) per year over the past 4 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
THE PURPOSE OF TCPBA SHALL BE TO PROMOTE AND CONDUCT PERFORMANCE BOAT RACING AND WATER SAFTEY, WHILE ATTRACTING NEW SPONSORS AND MEMBERS TO THE CLUB.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aaron Wachholz Board Member | 1 | $0 | |
Tev Anafarta Treasurer | 2 | $0 | |
John Bodruw Vice President | 2 | $0 | |
Brian Tabara Chairman | 2 | $0 | |
Emma Wachholz Secretary | 2 | $0 | |
Andy Wachholtz Board Member | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,000 |
| Total Program Service Revenue | $15,840 |
| Membership dues | $4,941 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $44,317 |
| 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 | $460 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $37,799 |
| Total expenses | $38,259 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $34,712 |
| Other assets | $0 |
| Total assets | $45,667 |
| Total liabilities | $0 |
| Net assets or fund balances | $45,667 |