Corvette Club Of Delaware Valley is located in Willow Grove, PA. The organization was established in 1985. 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. Corvette Club Of Delaware Valley 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, Corvette Club Of Delaware Valley generated $30.2k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $29.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.6%) per year over the past 6 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
2022
Describe the Organization's Program Activity:
Part 3
SEE SCHEDULE O
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tim Simmons Treasurer | 0 | $0 | |
Ed Bonk President | 0 | $0 | |
Dennis Trayes Secretary | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $21,885 |
Membership dues | $8,327 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $16 |
Total Revenue | $30,228 |
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 | $2,753 |
Printing, publications, postage, and shipping | $705 |
Other expenses | $25,803 |
Total expenses | $29,261 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $35,365 |
Other assets | $0 |
Total assets | $35,365 |
Total liabilities | $0 |
Net assets or fund balances | $35,365 |
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