Rocky Mountain Region Porsche Club Of America Inc
- Assets
- $375.7k
- Revenue
- $311.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Denver, CO
- Founding
- 08/1978
- Data as of
- 12/2023
- EIN
- 84-0588859
Organization Overview
Rocky Mountain Region Porsche Club Of America Inc is located in Denver, CO. 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. Rocky Mountain Region Porsche Club Of America Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Rocky Mountain Region Porsche Club Of America Inc generated $311.5k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $315.7k during the year ending 12/2023. While expenses have increased by 4.1% per year over the past 5 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE SAFE DRIVING AND COURTESY ON THE ROAD. ENHANCE GOODWILL AND FELLOWSHIP AMONG OWNERS OF PORSCHE VEHICLES. EDUCATION AND RESOURCES FOR MAINTENANCE OF PORSCHE VEHICLES. ESTABLISH AND MAINTAIN RELATIONSHIPS WITH OTHER AUTOMOBILE CLUBS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DRIVER EDUCATION EVENTS ARE HELD AT SEVERAL VENUES IN COLORADO TO INSTRUCT DRIVERS IN THE SAFEST METHOD TO DRIVE CARS AT HIGH PERFORMANCE LEVELS. MEMBERS OF OTHER CAR CLUBS AND THE GENERAL PUBLIC ARE WELCOME. CARS ARE SUBJECT TO STRINGENT SAFETY INSPECTIONS AND DRIVERS ARE GIVEN PERSONALIZED AND GROUP INSTRUCTION AND OVERSIGHT. ATTENDANCE RANGES FROM 40 TO 200 DRIVERS PER EVENT PLUS VOLUNTEERS DEPENDING ON THE TYPE OF EVENT. THE ORGANIZATION CONDUCTS POST-EVENT SURVEYS TO DETERMINE THE SUCCESS OF THE EVENTS. ALL EVENTS HAVE RECEIVED POSITIVE FEEDBACK.
PUBLICATION OF MONTHLY NEWSLETTER MAGAZINE HIGHGEAR. TOPICS INCLUDE CLUB BUSINESS, ANNOUNCEMENTS OF FUTURE EVENTS, TECHNICAL ARTICELS, COMMENTARY, PHOTO ESSAYS AND CLASSIFIED ADVERTISEMENTS. THE MAGAZINE HAS WON NUMEROUS AWARDS FROM PORSCHE CLUB OF AMERICA. ALL MEMBERS AND AFFILIATE MEMBERS RECEIVE THE NEWSLETTER MAGAZINE. THE NATIONAL PORSCHE CLUB OF AMERICA HELPS TO SUPPORT THE PUBLISHING.
OTHER EXPENSES
MONTHLY MEMBER MEETINGS OR SOCIALS AND GROUP TOURS ARE HELD AT VARIOUS VENUES TO PROMOTE BUILDING RELATIONSHIPS, TO SHARE INFORMATION ABOUT PORSCHE CARS, AND PROVIDE RECOGNITION AND AWARD OUTSTANDING MEMBERS. MEMBERSHIP MEETINGS ALSO SERVE TO PROMOTE NEW MEMBERSHIPS AND CONDUCT CLUB BUSINESS. TYPICAL ATTENDANCE RANGES FROM 100 TO 400 MEMBERS. THE ORGANIZATION CONDUCTS POST-EVENT SURVEYS TO DETERMINE THE SUCCESS OF EVENTS. THE FEEDBACK ON ALL SOCIALS HAS BEEN POSITIVE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Thornburn Past President | Officer | 0 | $0 |
Eric Elliff Secretary | Officer | 0 | $0 |
Russell Rydberg 2nd VP | Officer | 0 | $0 |
Tom Radow Treasurer | Officer | 0 | $0 |
Tom Champion Newsletter Editor | Officer | 0 | $0 |
Victoria Cox-Jones President | Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $38,083 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,143 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,226 |
| Total Program Service Revenue | $257,393 |
| Investment income | $3,928 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $311,547 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $678 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $33 |
| Office expenses | $15,819 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $15,225 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,750 |
| All other expenses | $256,236 |
| Total functional expenses | $315,737 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $117,089 |
| Savings and temporary cash investments | $52,048 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $6,399 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $200,140 |
| Total assets | $375,676 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $25 |
| Total liabilities | $25 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $375,651 |
| Total liabilities and net assets/fund balances | $375,676 |