Nj Viper Owners is located in Matawan, NJ. 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. NJ Viper Owners is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, NJ Viper Owners generated $715.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (25.2%) each year. All expenses for the organization totaled $475.0 during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (23.3%) per year over the past 5 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
PROMOTED AND ORGANIZED EVENTS FOR THE INDIVIDUAL MEMBERS THROUGHOUT THE STATE. ENCOURAGED MEMBERS FROM THE STATE TO ASSOCIATE WITH MEMBERS ACROSS THE COUNTRY VIA WEBSITE, EVENTS, MAGAZINES, AND SOCIAL MEDIA
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $715 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $715 |
| 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 | $475 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $475 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,417 |
| Other assets | $0 |
| Total assets | $4,417 |
| Total liabilities | $520 |
| Net assets or fund balances | $3,897 |