Sports Car Club Of America Inc New England Region

Organization Overview

Sports Car Club Of America Inc New England Region, operating under the name New England Region Sports Car Club, is located in Hampden, MA. The organization was established in 1958. 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. New England Region Sports Car Club 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, New England Region Sports Car Club generated $605.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $554.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SPONSOR SEVERAL MOTORSPORT PROGRAMS TO PROMOTE THEIR MISSION-RACES AND RALLIES

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION SPONSORS SEVERAL MOTORSPORT PROGRAMS TO PROMOTE THEIR MISSION;RACES AND RALLIES. EACH EVENT TYPICALLY DRAWS THOUSANDS OF SPECTATORS, AS WELL AS CURRENT AND FUTURE RACERS.


"PIT TALK" NEWSLETTER PRODUCTION DETAILS THE OFFICIAL RESULTS OF RACE COMPETITIONS, BIOGRAPHICAL INFORMATION ON RACE PERSONALITIES, AS WELL AS GENERAL INFORMATION REGARDING THE ORGANIZATION.


AN ANNUAL MEETING OF THE DIRECTORS OF NESCCA IS HELD. AN AWARDS BANQUET, AS WELL PRESENTATION OF CURRENT FINANCIAL CONDITION AND PROGRAM ACCOMPLISHMENTS OF THE FISCAL YEAR. THE FOLLOWING YEAR'S BUDGET IS APPROVED AT THAT TIME.


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Board, Officers & Key Employees

Name (title)Compensation
George Farrar
Secretary/di
$0
Andrew Benagh
Vice Preside
$0
Abhijeet Ghatak
President
$0
Dick Patullo
Treasurer
$0
Wiley Cox
Director
$0
Richard Currey
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$45,140
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$45,140
Total Program Service Revenue$558,092
Investment income $163
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 $1,828
Miscellaneous Revenue$0
Total Revenue $605,223

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