Oktoberfest Of Richmond Inc
- Assets
- $60.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- N Chesterfld, VA
- Founding
- 09/1986
- Data as of
- 03/2022
- EIN
- 54-1378850
Organization Overview
Oktoberfest Of Richmond Inc is located in N Chesterfld, VA. The organization was established in 1986. According to its NTEE Classification (N52) the organization is classified as: Fairs, 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. Oktoberfest Of Richmond Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 03/2022, Oktoberfest Of Richmond Inc generated $1.5k 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 (35.9%) each year. All expenses for the organization totaled $8.3k during the year ending 03/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
THE CORPORATION WAS UNABLE TO HOLD THE OKTOBERFEST EVENT DUE TO COVID 19 RESTRICTIONS. GOODS AND SERVICES WERE PURCHASED TO MAINTAIN THE CORPORATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary D Miller Treasurer | 5 | $0 | |
Hans Stienen President | 5 | $0 | |
Brad Ewald Vice President | 5 | $0 | |
Chris Reitmeier Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $5 |
| Total Revenue | $1,525 |
| 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 | $6,192 |
| Printing, publications, postage, and shipping | $642 |
| Other expenses | $1,502 |
| Total expenses | $8,336 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $43,928 |
| Other assets | $0 |
| Total assets | $60,410 |
| Total liabilities | $0 |
| Net assets or fund balances | $60,410 |
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