Multnomah Hot Rod Council Inc
- Assets
- $75.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Portland, OR
- Founding
- 12/2014
- Data as of
- 05/2022
- EIN
- 93-0555329
Organization Overview
Multnomah Hot Rod Council Inc is located in Portland, OR. The organization was established in 2014. According to its NTEE Classification (O99) the organization is classified as: Youth Development N.E.C., under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Multnomah Hot Rod Council Inc 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 05/2022, Multnomah Hot Rod Council Inc generated $47.7k 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 (26.4%) each year. All expenses for the organization totaled $29.7k during the year ending 05/2022. As we would expect to see with falling revenues, expenses have declined by (30.8%) per year over the past 7 years. 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 Mission:
Part 3 - Line 1
THE MULTNOMAH HOT ROD COUNCIL IS A NONPROFIT ORGANIZATION FOUNDED IN 1956 FOR PROMOTING THE AUTOMOTIVE HOBBY IN A SAFE AND ENJOYABLE ENVIRONMENT. WE EDUCATE THE PUBLIC AS TO MOTORING SAFETY, SUPPORT CHARITABLE AND COMMUNITY EVENTS WITHIN OR OTHERWISE RELATED TO THE AUTOMOTIVE COMMUNITY AND PROJECT A POSITIVE IMAGE OF AUTOMOTIVE ENTHUSIASTS.
Describe the Organization's Program Activity:
Part 3
THE MULTNOMAH HOT ROD COUNCIL PUTS ON AN ANNUAL EVENT, THE PORTLAND ROADSTER SHOW WHERE VEHICLES ARE DISPLAYED AND JUDGED. AVERAGE ATTENDANCE EXCEEDS 30,000. THE PORTLAND ROADSTER SHOW ALLOWS CHARITIES, SUCH AS THE KYRON HORMAN FOUNDATION, AMERICAN CANCER SOCIETY, THE DIABETES FOUNDATION AND OTHERS, TO BE A PART OF THE SHOW AT NO COST AS A SERVICE TO THE COMMUNITY.
THE MULTNOMAH HOT ROD COUNCIL AWARDS AUTOMOTIVE SCHOLARSHIPS TO STUDENTS IN HIGH SCHOOL AND COMMUNITY COLLEGES IN THE PORTLAND AND SOUTHWEST WASHINGTON AREA, CONTRIBUTES TO THE RANDALL LEGACY EMANUEL HOSPITAL FOR KIDS WITH CANCER, THE RONALD MCDONALD HOUSE AND IS A SPONSOR OF THE MISS OREGON ORGANIZATION FOR YOUNG WOMEN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bryan Fakler Vice President | 35 | $0 | |
Mike Itel President | 10 | $0 | |
Phil Mitchell Sgt At Arms | 10 | $0 | |
Mark Magionos Secretary | 10 | $0 | |
Chuck Butler Treasurer | 25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,235 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $35,500 |
| Total Revenue | $47,738 |
| 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 | $0 |
| Printing, publications, postage, and shipping | $327 |
| Other expenses | $29,367 |
| Total expenses | $29,694 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $75,245 |
| Other assets | $0 |
| Total assets | $75,245 |
| Total liabilities | $0 |
| Net assets or fund balances | $75,245 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Multnomah Hot Rod Council Inc has recieved totaling $7,500.
| Awarding Organization | Amount |
|---|---|
Beaches Summertime Cruisin Vancouver, WA | | $7,500 |
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