Gto Association Of America
- Assets
- $167.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Broomfield, CO
- Founding
- 04/1988
- Data as of
- 12/2022
- EIN
- 84-1039706
Organization Overview
Gto Association Of America is located in Broomfield, CO. The organization was established in 1988. 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. Gto Association Of America is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, Gto Association Of America generated $180.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $223.0k during the year ending 12/2022. While expenses have increased by 5.6% per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
MEMBERSHIP, BOARD AND VOLUNTEERS WRITE NEWSLETTER "THE LEGENDXAND ARTICLES OF INTEREST ON ALL ASPECTS OF OWNING, RESTORING,MAINTAINING ENGINES AND ALL PARTS OF THESE HISTORIC CLASSIC VEHICLES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom W Szymczyk Legend Editor | 15 | $18,000 | |
Monica Hooten Membership/magazine Mailing | 10 | $10,800 | |
Beth Butcher Secretary/treasurer | 15 | $5,160 | |
Mark Melrose Comm'l Advertising Coord. | 15 | $4,489 | |
John Johnson Tech Advisor Admin | 10 | $0 | |
Vic Schreck President | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $142,738 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $37,521 |
| Total Revenue | $180,259 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $42,622 |
| Professional fees and other payments to independent contractors | $8,915 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $96,936 |
| Other expenses | $74,547 |
| Total expenses | $223,020 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $126,145 |
| Other assets | $0 |
| Total assets | $167,861 |
| Total liabilities | $0 |
| Net assets or fund balances | $167,861 |
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