Lancaster County Corvett Club Inc
- Assets
- $15.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lancaster, PA
- Founding
- 03/1986
- Data as of
- 12/2023
- EIN
- 23-2166984
Organization Overview
Lancaster County Corvett Club Inc is located in Lancaster, PA. The organization was established in 1986. 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. Lancaster County Corvett Club Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Lancaster County Corvett Club Inc generated $89.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $86.1k during the year ending 12/2023. While expenses have increased by 3.0% 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
2023
Describe the Organization's Program Activity:
Part 3
SINCE THE CLUBS FOUNDING IN 1978 THE LCCC HAS BEEN COMMITTED TO PROVIDING SUPPORT TO SELECTED CHARITIES AS WELL AS BEING INVOLVED IN LOCAL COMMUNITY ACTIVITIES. WHEN THE CLUB WAS FOUNDED A COMMITMENT WAS MADE TO ALLOCATE %25 OR 25.00 OF EACH EVENTS PROCEEDS, WHICH EVER WAS GREATER, TO THE CLUBS CHARITY. TO THIS DAY, EACH YEAR, THE CLUB HAS DEVOTED %25 OF THE PROCEEDS FROM EACH EVENT TO CHARITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kurt Steidle President | 12 | $0 | |
Rick Evans Vice Preside | 8 | $0 | |
Sharon Roberts Secretary | 8 | $0 | |
Mike Baker Membership | 8 | $0 | |
Scott Breneman Lt. Governor | 8 | $0 | |
Clyde Mooney Governor | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,211 |
| Total Program Service Revenue | $0 |
| Membership dues | $5,214 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $81,005 |
| Other Revenue | $0 |
| Total Revenue | $89,430 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $2,418 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,350 |
| Occupancy, rent, utilities, and maintenance | $600 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,954 |
| Total expenses | $86,122 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $15,860 |
| Other assets | $0 |
| Total assets | $15,860 |
| Total liabilities | $0 |
| Net assets or fund balances | $15,860 |