Gull Wing Group International
- Assets
- $177.4k
- Revenue
- $254.7k
- Investments
- $0.0
- Employees
- 0
- Location
- St Augustine, FL
- Founding
- 12/1980
- Data as of
- 12/2021
- EIN
- 95-3327810
Organization Overview
Gull Wing Group International is located in St Augustine, FL. The organization was established in 1980. According to its NTEE Classification (Q99) the organization is classified as: International, Foreign Affairs & National Security N.E.C., under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gull Wing Group International is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Gull Wing Group International generated $254.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $329.1k during the year ending 12/2021. While expenses have increased by 6.7% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MAINTENANCE, PRESERVATION, AND RESTORATION OF THE MERCEDES BENZ 300 SL COUPE, ALSO REFERRED TO AS THE "GULL WING COUPE." ALSO TO PROMOTE SAFETY, ESPECIALLY AMONG ITS OWN MEMBERS ON THE HIGHWAYS. TO AID AND ASSIST, WHENEVER POSSIBLE, IN KEEPING THE HIGHWAYS CLEAN. TO PROVIDE THE OPPORTUNITY FOR ITS MEMBERS TO BECOME BETTER ACQUAINTED WITH THE MECHANICS AND HANDLING OF THE MERCEDES BENZ 300 SL AUTOMOBILE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CLUB HOLDS AN ANNUAL CONVENTION AS WELL AS SEVERAL SMALLER EVENTS FOR MEMBERS TO MEET ONE ANOTHER, ORGANIZE HIGHWAY CLEANUPS, PROMOTE SAFETY, AND LEARN ABOUT THE MERCEDES BENZ SL 300 COUPE'S HANDLING AND MECHANICS. IN 2021, THE ORGANIZATION HELD ITS 52ND ANNUAL CONVENTION AT BROADMOOR RESORT IN COLORADO SPRINGS, COLORADO. THIS IS A FIVE DAY EVENT INCLUDING TECH SESSIONS, FRIDAY RALLY, CAR SHOW AND BANQUET/AWARDS CEREMONY.
MONTHLY NEWSLETTER "300 STAR LETTER" MAILED TO TOTAL MEMBERSHIP OF APPROXIMATELY 608 MEMBERS. PROVIDES INFORMATION ON CHAPTER NEWS, GROUP ACTIVITIES, PRODUCTS AND SERVICES.
WEBSITE AND ONLINE DISCUSSION FORUM TO PROMOTE AND GIVE INFORMATION FOR MEMBERS ON UPCOMING EVENTS, VEHICLE HISTORY, AND THE ORGANIZATION'S HISTORY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Willott President | OfficerTrustee | 1 | $0 |
Keith Owen Vice President | OfficerTrustee | 1 | $0 |
Peter Starr Treasurer | OfficerTrustee | 1 | $0 |
Gail Sirna Secretary | OfficerTrustee | 1 | $0 |
Gary Estep Director/business Manager | Trustee | 2 | $0 |
Amir Almagor Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $55,401 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $55,401 |
| Total Program Service Revenue | $156,780 |
| Investment income | $10 |
| 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 | $1,793 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $254,707 |
| 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 | $4,434 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $600 |
| Office expenses | $11,953 |
| Information technology | $1,745 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $208,892 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,963 |
| All other expenses | $0 |
| Total functional expenses | $329,094 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $55,243 |
| Savings and temporary cash investments | $178 |
| 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 | $64,842 |
| Prepaid expenses and deferred charges | $57,180 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $177,443 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $177,443 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $177,443 |
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