Veterans Motorcycle Club New York Chapter 8
- Assets
- $56.8k
- Revenue
- $17.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Scotia, NY
- Founding
- 08/2016
- Data as of
- 12/2022
- EIN
- 81-3431553
Organization Overview
Veterans Motorcycle Club New York Chapter 8 is located in Scotia, NY. The organization was established in 2016. According to its NTEE Classification (W30) the organization is classified as: Military & Veterans Organizations, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Veterans Motorcycle Club New York Chapter 8 is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Veterans Motorcycle Club New York Chapter 8 generated $17.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.5%) each year. All expenses for the organization totaled $13.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.1%) per year over the past 6 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 |
|---|---|---|---|
Jim Piana President | 5 | $0 | |
Robert Meyer Vice President | 5 | $0 | |
Joseph Walsh Treasurer | 5 | $0 | |
Christopher Poor Secretary | 5 | $0 | |
Jeff Fuller President | 5 | $0 | |
Ray Miller Vice President | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $16,958 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $16,958 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $1,692 |
| Occupancy | $7,568 |
| Travel, conferences, and meetings | $1,648 |
| Printing and publications | $0 |
| Other expenses | $1,386 |
| Total operating and administrative expenses | $12,644 |
| Contributions, gifts, grants paid | $1,000 |
| Total expenses and disbursements | $13,644 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,862 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $48,916 |
| Other assets | $0 |
| Total assets | $56,778 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $19,663 |
| Other liabilities | $0 |
| Total liabilities | $19,663 |
Grants Awarded
Over the last fiscal year, Veterans Motorcycle Club New York Chapter 8 has awarded $3,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
AUTISM SOCIETY PURPOSE: HELP SUPPORT THE CHILDREN IN NY CAPITAL REGION AUTISM COMMUNITY | $2,000 |
ALBANY HOUSING COALITION PURPOSE: SUPPORT FOR HOMELESS & AT RISK VETERANS IN NY CAPITAL REGION | $1,000 |