Club Corvette Of Connecticut
- Assets
- $25.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- East Haven, CT
- Founding
- 03/2013
- Data as of
- 12/2021
- EIN
- 06-1366715
Organization Overview
Club Corvette Of Connecticut is located in East Haven, CT. The organization was established in 2013. 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. Club Corvette Of Connecticut 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, Club Corvette Of Connecticut generated $16.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (14.9%) each year. All expenses for the organization totaled $17.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (13.1%) per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
TO ENCOURAGE THE INTEREST AND ENJOYMENT OF THE CORVETTE MARQUEE AND TO GENERATE A FRIENDLY RELATIONSHIP AMONG CORVETTE CLUB OWNERS AND ENTHUSIASTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Dansereau Vice-President | 7 | $0 | |
Dennis Krajewski Vice-President | 7 | $0 | |
Dee Tully Secretary | 5 | $0 | |
Rick Wasserback President | 6 | $0 | |
Walter Kaercher Treasurer | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,835 |
| Total Program Service Revenue | $50 |
| Membership dues | $6,920 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $329 |
| Other Revenue | $32 |
| Total Revenue | $16,166 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $220 |
| Other expenses | $10,378 |
| Total expenses | $17,098 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $25,602 |
| Other assets | $0 |
| Total assets | $25,602 |
| Total liabilities | $0 |
| Net assets or fund balances | $25,602 |
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