Antique Automobile Club Of America
- Assets
- $23.9m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 11
- Location
- Hershey, PA
- Founding
- 03/1960
- Data as of
- 12/2023
- EIN
- 23-6025679
Organization Overview
Antique Automobile Club Of America is located in Hershey, PA. The organization was established in 1960. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Antique Automobile Club Of America employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Antique Automobile Club Of America is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Antique Automobile Club Of America generated $2.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.5%) each year. All expenses for the organization totaled $2.2m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
AACA'S PRIMARY EXEMPT PURPOSE IS THE PRESERVATION AND RESTORATION OF ANTIQUE AUTOMOBILES FOR FUTURE GENERATIONS THROUGH THE ORGANIZATION OF LOCAL TOURS, MEETS, EXHIBITS, LITERATURE AND A NATIONAL FREE PUBLIC LIBRARY.
Describe the Organization's Program Activity:
AACA'S PRIMARY EXEMPT PURPOSE IS THE PRESERVATION AND RESTORATION OF ANTIQUE AUTOMOBILES FOR FUTURE GENERATIONS THROUGH THE ORGANIZATION OF LOCAL TOURS, MEETS, EXHIBITS, LITERATURE AND A NATIONAL FREE PUBLIC LIBRARY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Fred Trusty President | OfficerTrustee | 5 | $0 |
Jack Harris Executive VP | Trustee | 5 | $0 |
David Anspach Secretary/tr | OfficerTrustee | 5 | $0 |
Donald R Barlup Director | Trustee | 5 | $0 |
Mary Bartemeyer Director | Trustee | 5 | $0 |
Jeff Broadus Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $982,359 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $606,459 |
| Noncash contributions included in lines 1a–1f | $70,545 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,588,818 |
| Total Program Service Revenue | $253,373 |
| Investment income | $262,198 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$27,543 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $75,963 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,456,761 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $19,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $160,146 |
| Compensation of current officers, directors, key employees. | $35,646 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $510,848 |
| Pension plan accruals and contributions | $15,146 |
| Other employee benefits | $100,606 |
| Payroll taxes | $50,257 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $625 |
| Fees for services: Accounting | $19,725 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $25,967 |
| Fees for services: Other | $0 |
| Advertising and promotion | $14,927 |
| Office expenses | $109,645 |
| Information technology | $93,446 |
| Royalties | $0 |
| Occupancy | $94,907 |
| Travel | $44,767 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $256,667 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $257,513 |
| Insurance | $56,330 |
| All other expenses | $13,780 |
| Total functional expenses | $2,243,890 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,715 |
| Savings and temporary cash investments | $2,412,495 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $44,355 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $235,004 |
| Prepaid expenses and deferred charges | $26,620 |
| Net Land, buildings, and equipment | $11,564,508 |
| Investments—publicly traded securities | $5,565,406 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,078,312 |
| Total assets | $23,928,415 |
| Accounts payable and accrued expenses | $11,372 |
| Grants payable | $0 |
| Deferred revenue | $837,485 |
| 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 | $848,857 |
| Net assets without donor restrictions | $19,450,565 |
| Net assets with donor restrictions | $3,628,993 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $23,928,415 |