Chesapeake Region Porsche Club Of America Inc is located in Gambrills, MD. The organization was established in 1988. 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. Chesapeake Region Porsche Club Of America 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, Chesapeake Region Porsche Club Of America Inc generated $53.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $32.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael Murphy Past President | 1 | $0 | |
Andrew Powell Treasurer | 1 | $0 | |
Aaron Miller Vice President | 1 | $0 | |
Vincent Rock President | 2 | $0 | |
John Jensen Secretary | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $21,400 |
Total Program Service Revenue | $32,065 |
Membership dues | $0 |
Investment income | $6 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $164 |
Total Revenue | $53,635 |
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 | $1,867 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $30,489 |
Total expenses | $32,356 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $75,045 |
Other assets | $0 |
Total assets | $75,824 |
Total liabilities | $2,407 |
Net assets or fund balances | $73,417 |
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