Louisville Wheelmen Inc
- Assets
- $90.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Louisville, KY
- Founding
- 07/1996
- Data as of
- 01/2022
- EIN
- 61-1282779
Organization Overview
Louisville Wheelmen Inc is located in Louisville, KY. The organization was established in 1996. 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. Louisville Wheelmen 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 01/2022, Louisville Wheelmen Inc generated $26.4k 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 (17.5%) each year. All expenses for the organization totaled $17.0k during the year ending 01/2022. As we would expect to see with falling revenues, expenses have declined by (22.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff White President | 25 | $0 | |
Phil Samuel Statistician | 5 | $0 | |
John Pellegrino VP Touring | 8 | $0 | |
Erik Helton VP Information Technology | 5 | $0 | |
Steven Jent VP Communications | 5 | $0 | |
Clinton Phillips Secretary | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,690 |
| Total Program Service Revenue | $6,135 |
| Membership dues | $10,675 |
| Investment income | $266 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,491 |
| Other Revenue | $0 |
| Total Revenue | $26,350 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $9,622 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $25 |
| Occupancy, rent, utilities, and maintenance | $1,692 |
| Printing, publications, postage, and shipping | $9 |
| Other expenses | $2,449 |
| Total expenses | $17,047 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $90,612 |
| Other assets | $0 |
| Total assets | $90,612 |
| Total liabilities | $0 |
| Net assets or fund balances | $90,612 |
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