Blue Knights Motorcycle Club
- Assets
- $19.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chesapeake, VA
- Founding
- 10/1991
- Data as of
- 12/2021
- EIN
- 22-3212692
Organization Overview
Blue Knights Motorcycle Club is located in Chesapeake, VA. The organization was established in 1991. According to its NTEE Classification (Y42) the organization is classified as: Domestic Fraternal Societies, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Blue Knights Motorcycle Club is a 501(c)(10) and as such, is described as a "Domestic Fraternal Society and/or Association" by the IRS.
For the year ending 12/2021, Blue Knights Motorcycle Club generated $65.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $59.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.9%) 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
MOTORCYCLE RUNS FOR NUMEROUS CHARITABLE EVENTS INCLUDING FOR BLIND AND OTHERS.FOR EACH MOTORCYCLE RUN THE PUBLIC IS EXPOSED TO MOTORCYCLE RIDING AND SAFETY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ronald Young Treasurer | 0 | $0 | |
Wesley Wassum President | 0 | $0 | |
Nancy Goode Vice President | 0 | $0 | |
Richard Johnson Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $65,145 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $65,147 |
| 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 | $600 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $58,615 |
| Total expenses | $59,215 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $19,827 |
| Other assets | $0 |
| Total assets | $19,827 |
| Total liabilities | $0 |
| Net assets or fund balances | $19,827 |
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