Antique Auto Club Of America- Hornets Nest Region Inc

Organization Overview

Antique Auto Club Of America- Hornets Nest Region Inc is located in Charlotte, NC. The organization was established in 2007. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. As of 12/2022, Antique Auto Club Of America- Hornets Nest Region Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Antique Auto Club Of America- Hornets Nest Region 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 12/2022, Antique Auto Club Of America- Hornets Nest Region Inc generated $678.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (11.0%) each year. All expenses for the organization totaled $970.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.9%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF THE ANTIQUE AUTOMOBILE CLUB OF AMERICA IS THE PERPETUATION OF THE PIONEER DAYS OF AUTOMOBILING BY FURTHERING THE RESTORATION OF AND EDUCATION ABOUT ANTIQUE AUTOMOBILES, AND THE PROMOTION OF SPORTSMANSHIP AND OF GOOD FELLOWSHIP AMONG ALL AACA MEMBERS. THE AACA HOLDS COMPETITIVE AND NONCOMPETITIVE MEETS AND EVENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

COMPETITIVE AND NONCOMPETITIVE MEETS AND EVENTS; INCLUDING AUTO SHOWS, MONTHLY EVENTS, AND MEMBERS'PARADE PUBLICATION TO PROMOTE ANTIQUE CARS AND TO LEARN ABOUT HISTORY.


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Board, Officers & Key Employees

Name (title)Compensation
Melvin Carson
Executive Di
$83,340
Gayle Boles
Director
$0
Cheryl Cole
Director
$0
Tim Crosswhite
Director
$0
Dale Fisher
Director
$0
Wayne Fowler
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$678,235
Investment income $3
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $678,238

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