Lambda Car Club International Inc
- Assets
- $464.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Phoenix, AZ
- Founding
- 09/1992
- Data as of
- 12/2021
- EIN
- 35-1865053
Organization Overview
Lambda Car Club International Inc is located in Phoenix, AZ. The organization was established in 1992. 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. Lambda Car Club International Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Lambda Car Club International Inc generated $118.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.4%) each year. All expenses for the organization totaled $112.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (10.2%) 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 Mission:
Part 3 - Line 1
THE ENJOYMENT AND EXCHANGE OF INFORMATION ON OLD AND SPECIAL INTEREST MOTOR VEHICLES, COMBINED WITH SOCIAL FELLOWSHIP BY THOSE INTERESTED IN SUCH VEHICLES.
Describe the Organization's Program Activity:
Part 3
PROMOTED THE ENJOYMENT, PRESERVATION, CARE OF OLD AND SPECIAL INTEREST MOTOR VEHICLES WITH THE SOCIAL FELLOWSHIP OF MEMBERS.
SUPPORTED OTHER NOT FOR PROFIT ORGANIZATIONS AS PART OF ORGANIZATION EVENTS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Baker Vice Preside | 0 | $0 | |
Daniel Villeneuve President | 0 | $0 | |
Paul Sumrall Secretary | 0 | $0 | |
David Baron Treasurer | 0 | $0 | |
Jeffrey Tarr Past Preside | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $118,069 |
| Membership dues | $0 |
| Investment income | $37 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $118,106 |
| 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 | $11,181 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $97,560 |
| Total expenses | $112,368 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $464,396 |
| Other assets | $0 |
| Total assets | $464,396 |
| Total liabilities | $0 |
| Net assets or fund balances | $464,396 |
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|---|---|---|
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Tradition Golf Club La Quinta, CA | $47,453,667 | $16,366,705 |
Indian Ridge Country Club Inc Palm Desert, CA | $34,712,749 | $13,063,649 |
Orinda Country Club Orinda, CA | $26,304,081 | $14,413,689 |
Thunderbird Country Club A Corp Rancho Mirage, CA | $22,264,861 | $10,979,612 |
Club At Morningside Inc Rancho Mirage, CA | $15,858,818 | $9,401,139 |
The Reserve Club Indian Wells, CA | $31,458,734 | $9,455,163 |