The Professional Car Society Inc
- Assets
- $75.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lafayette, NJ
- Founding
- 05/2006
- Data as of
- 12/2022
- EIN
- 20-4030389
Organization Overview
The Professional Car Society Inc is located in Lafayette, NJ. The organization was established in 2006. 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. Professional Car Society Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, Professional Car Society Inc generated $65.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $48.4k during the year ending 12/2022. While expenses have increased by 0.7% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PRSERVATION OF PROFESSIONAL VEHICLES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Steinberg President | 3 | $0 | |
Paul Saether Treasurer | 4 | $0 | |
Noah Dorsey Recording Secretary | 2 | $0 | |
Kenneth Howe Director | 2 | $0 | |
Steve Lichtman Director | 2 | $0 | |
Darren Bedford Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $45,376 |
| Total Program Service Revenue | $20,517 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $65,893 |
| 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 | $308 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $22,373 |
| Other expenses | $25,695 |
| Total expenses | $48,376 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $75,117 |
| Other assets | $0 |
| Total assets | $75,117 |
| Total liabilities | $0 |
| Net assets or fund balances | $75,117 |