Vintage Sports Car Club Of America Incorporated
- Assets
- $209.8k
- Revenue
- $251.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Dedham, MA
- Founding
- 02/1992
- Data as of
- 12/2021
- EIN
- 11-2795600
Organization Overview
Vintage Sports Car Club Of America Incorporated, operating under the name Vscca, is located in Dedham, MA. The organization was established in 1992. 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. Vscca 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, Vscca generated $251.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $221.8k during the year ending 12/2021. 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
TO ENCOURAGE THE PRESERVATION, RESTORATION AND USE OF VINTAGE SPORTS CARS AND TO PROVIDE AN ASSOCIATION OF LIKE MINDED ENTHUSIASTS TO ENJOY EACH OTHERS COMPANY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DRIVING EVENTS TO PROVIDE MEMBERS WITH SAFE DRIVING CONDITIONS, TO ALLOW ENJOYMENT OF THEIR CARS WITH OWNERS OF LIKE ENTHUSIASM FOR OLDER SPORT CARS AND TO PROVIDE CAMARADERIE AMONG MEMBERS WHO SHARE THE LOVE OF THESE OLD CARS.
PARTIES, DINNERS, AND SPECIAL EVENTS: MUCH OF THIS ACTIVITY, INCLUDED IN ITEMS 4A ABOVE AND IN SEPARATE REVENUE AND EXPENSE ACCOUNTS, IS NOT KEPT. THE SEVERAL 'STAND ALONE' NON-DRIVING EVENTS ARE: THREE (3) HOLIDAY PARTIES AND TWO (2) TECHINICAL SESSIONS SPREAD OUT OVER OUR MEMBER'S LOCATIONS. WE GENERALLY CHARGE FOR A FEW OF THE EVENTS TO COVER EXPENSES ONLY. THESE REVENUES ARE LOCATED IN 4A ABOVE.
WE PROVIDE A MONTHLY NEWSLETTER AND A QUARTERLY MAGAZINE TO ALL ALL MEMBERS COVERING OUR ACTIVITIES AND ARTICLES OF INTEREST TO VINTAGE SPORT CAR ENTHUSIASTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alexander E Leith President | Officer | 10 | $0 |
Ernest W Brown Treasurer | Officer | 10 | $0 |
J R Mitchell Vice President | Officer | 10 | $0 |
Mark O'day Activities Chairman | Officer | 10 | $0 |
James P Donick Editor | Officer | 10 | $0 |
T Scott Fenley Secretary | Officer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $59,708 |
| 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 | $59,708 |
| Total Program Service Revenue | $191,299 |
| Investment income | $0 |
| 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 | $251,007 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $10,835 |
| All other expenses | $0 |
| Total functional expenses | $221,804 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $209,841 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $209,841 |
| 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 | $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 | $209,841 |
| Total liabilities and net assets/fund balances | $209,841 |
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