Hoboken Motorcycle Club Inc
- Assets
- $228.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Secaucus, NJ
- Founding
- 07/1993
- Data as of
- 12/2023
- EIN
- 52-1833469
Organization Overview
Hoboken Motorcycle Club Inc is located in Secaucus, NJ. The organization was established in 1993. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, 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. Hoboken Motorcycle Club Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Hoboken Motorcycle Club Inc generated $42.5k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $50.0k during the year ending 12/2023. While expenses have increased by 1.1% per year over the past 9 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
ENCOURAGED CAMARADERIE AMONGST MOTORCYCLISTS AND THEIRFAMILIES AS WELL AS WITH OTHER MOTORCYCLE CLUBS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Bellotti President | 15 | $0 | |
Michael Spagnolo Vice President | 15 | $0 | |
James Aragona Treasurer | 15 | $0 | |
Joseph Barone Secretary | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $33,300 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $9,150 |
| Other Revenue | $0 |
| Total Revenue | $42,450 |
| 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 | $1,449 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $48,525 |
| Total expenses | $49,974 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,522 |
| Other assets | $0 |
| Total assets | $228,660 |
| Total liabilities | $5,000 |
| Net assets or fund balances | $223,660 |