Antique Caterpillar Machinery Owners Club
- Assets
- $411.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Salem, OR
- Founding
- 08/2011
- Data as of
- 12/2023
- EIN
- 93-1093047
Organization Overview
Antique Caterpillar Machinery Owners Club is located in Salem, OR. The organization was established in 2011. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Antique Caterpillar Machinery Owners Club is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Antique Caterpillar Machinery Owners Club generated $131.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (9.2%) each year. All expenses for the organization totaled $128.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (9.9%) per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ANTIQUE CATERPILLAR MACHINERY OWNERS CLUB WAS ESTABLISHED TO ASSIST AND EDUCATE ITS MEMBERS AND THE GENERAL PUBLIC TO APPRECIATE THE HISTORIC ROLE OF CATERPILLAR MACHINERY IN SHAPING THE WORLD. WE PROMOTE THE COLLECTION, PRESERVATION, RESTORIATION, DISPLAY AND STUDY OF PRODUCTS AND MEMORABILIA OF CATERPILLAR AND RELATED PREDECESSORS.
Describe the Organization's Program Activity:
Part 3
PUBLICATION OF MAGAZINE FOR MEMBERS OF THE ANTIQUE CATERPILLAR MACHINERY OWNERS CLUB. THE MAGAZINE PUBLISHES ARTICLES RELATED TO OUR MISSION.
DEVELOPED AND/OR SOLD REPRODUCTION PARTS, BOOKS, AND OTHER RESOURCES RELATED TO CATERPILLAR. SOLD MODELS, BOOKS, AND OTHER MERCHANDISE THAT ENHANCED PUBLIC AWARENESS, INTEREST, AND APPRECIATION OF CATERPILLAR AND CATERPILLAR PRODUCTS.
MAINTENANCE OF A WEBSITE, INCLUDING A DISCUSSION BOARD, TO PROVIDE A MEANS OF EDUCATING MEMBERS AND THE GENERAL PUBLIC ABOUT CATERPILLAR AND OUR MISSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Neil Clydesdale Director | 0 | $0 | |
Kurt Bangert President | 5 | $0 | |
Sue Westwood Secretary/treas | 5 | $0 | |
Ed Coughlin Director | 0 | $0 | |
John Gaunt Vice President | 5 | $0 | |
Tony Johnson Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $112,007 |
| Total Program Service Revenue | $10,738 |
| Membership dues | $0 |
| Investment income | $248 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $131,214 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $6,961 |
| Professional fees and other payments to independent contractors | $1,860 |
| Occupancy, rent, utilities, and maintenance | $471 |
| Printing, publications, postage, and shipping | $4 |
| Other expenses | $112,402 |
| Total expenses | $128,698 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $272,658 |
| Other assets | $0 |
| Total assets | $411,147 |
| Total liabilities | $79,517 |
| Net assets or fund balances | $331,630 |