International Association Of Indianapolis 500 Oltimers Inc is located in Speedway, IN. The organization was established in 2006. According to its NTEE Classification (A31) the organization is classified as: Film & Video, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Association Of Indianapolis 500 Oltimers Inc 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, International Association Of Indianapolis 500 Oltimers Inc generated $93.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $58.2k during the year ending 12/2023. While expenses have increased by 5.7% 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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara J Hellyer Secretary/treasurer | 10 | $12,500 | |
Bob Gates Board Member/newsletter Editor | 2.5 | $6,500 | |
Curt Cavin Board Member | 0.5 | $0 | |
Dan Cota 1st Vice President | 2 | $0 | |
Dave A Calabro Board Member | 0.5 | $0 | |
Donald C Basala Board Member | 0.5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $63,257 |
| Total Program Service Revenue | $0 |
| Membership dues | $37,220 |
| Investment income | $8 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$7,797 |
| Other Revenue | $24 |
| Total Revenue | $93,291 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $19,000 |
| Professional fees and other payments to independent contractors | $1,435 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $12,044 |
| Other expenses | $18,171 |
| Total expenses | $58,150 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $168,651 |
| Other assets | $0 |
| Total assets | $422,569 |
| Total liabilities | $0 |
| Net assets or fund balances | $422,569 |