Solid-Axle Corvette Club is located in North Highlands, CA. The organization was established in 1995. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, 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. Solid-Axle Corvette Club 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, Solid-Axle Corvette Club generated $67.2k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $41.6k during the year ending 12/2022. 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
PUBLISH QUARTERLY MAGAZINE 11OO MEMBERS $35,000 MAINTAIN WEBSITE 1100 MEMBERS $1,000 CONDUCT ANNUAL CONVENTION 1100 MEMBERS $10,000
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lucy Badenhooop Treasurer | 6 | $2,000 | |
Jack Hollada President | 4 | $0 | |
Mary Rae Brockhouse Secretary | 4 | $0 | |
Alan Blay Charter Manager | 4 | $6,000 | |
Tom Barnes East Representative | 2 | $0 | |
Don Brittin Central Rep | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $979 |
Total Program Service Revenue | $0 |
Membership dues | $62,891 |
Investment income | $20 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $15 |
Other Revenue | $0 |
Total Revenue | $67,239 |
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 | $16,200 |
Occupancy, rent, utilities, and maintenance | $1,609 |
Printing, publications, postage, and shipping | $21,508 |
Other expenses | $1,465 |
Total expenses | $41,618 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $120,529 |
Other assets | $0 |
Total assets | $120,529 |
Total liabilities | $38,935 |
Net assets or fund balances | $81,594 |