Totals
- Total revenue
- $4,996,239
- Total expenses
- $5,458,368
- Contributions and grants received
- $0
- Grants paid
- $1,100
- Program service revenue
- $3,241,558
- Investment income
- $42,305
- Other revenue
- $1,712,376
- Total assets, end of year
- $4,489,767
- Total liabilities, end of year
- $4,157,922
- Net assets or fund balances, end of year
- $331,845
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- $0
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: MEMBERSHIP DUES
total $2,670,168 · related or exempt $2,670,168
-
2b · Program service revenue: MEMBER EVENTS
total $542,521 · related or exempt $542,521
-
2c · Program service revenue: MEMBER REPRINTS/REIMBURSEMENTS
total $28,869 · related or exempt $28,869
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $42,305 · unrelated business $42,305
-
5 · Royalties
total $6,046 · unrelated business $6,046
-
6a · Gross rents
real property $58,800
-
6c · Rental income or loss
real property $58,800 · personal property $0
-
6d · Net rental income or loss
total $58,800 · excluded $58,800
-
7c · Gain or loss
securities $0 · other assets $0
-
9a · Gaming: gross income
$992,850
-
9b · Gaming: direct expenses
$594,500
-
9c · Net income from gaming
total $398,350 · excluded $398,350
-
10a · Gross sales of inventory
$157,898
-
10b · Cost of goods sold
$107,034
-
10c · Net income from sales of inventory
total $50,864 · related or exempt $50,864
-
11a · Other revenue: SPONSORSHIP REVENUE
total $403,436 · unrelated business $403,436
-
11b · Other revenue: MISCELLANEOUS REVENUE
total $397,678 · related or exempt $397,678
-
11c · Other revenue: ROUNDEL ADVERTISING
total $397,202 · unrelated business $397,202
-
11d · All other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$1,198,316
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,100
-
5 · Compensation of officers, directors and key employees
total $512,325
-
7 · Other salaries and wages
total $658,982
-
8 · Pension plan contributions
total $40,320
-
9 · Other employee benefits
total $191,092
-
10 · Payroll taxes
total $97,010
-
11b · Fees: legal
total $15,275
-
11c · Fees: accounting
total $8,873
-
11g · Fees: other
total $713,274
-
12 · Advertising and promotion
total $26,134
-
13 · Office expenses
total $1,200,043
-
14 · Information technology
total $18,738
-
16 · Occupancy
total $66,798
-
17 · Travel
total $64,961
-
19 · Conferences, conventions and meetings
total $109,133
-
22 · Depreciation, depletion and amortization
total $115,947
-
23 · Insurance
total $64,367
-
24a · Other expenses: Event Expenses
total $764,594
-
24b · Other expenses: Chapter Membership Rebates
total $751,890
-
24c · Other expenses: Income Taxes
total $30,627
-
24d · Other expenses: Miscellaneous Expenses
total $6,885
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,314,731 · end of year $1,166,874
-
2 · Savings and temporary cash investments
beginning of year $679,549 · end of year $689,460
-
4 · Accounts receivable
beginning of year $73,962 · end of year $107,082
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
beginning of year $43,954 · end of year $55,006
-
8 · Inventories for sale or use
beginning of year $201,268 · end of year $192,317
-
9 · Prepaid expenses and deferred charges
beginning of year $134,556 · end of year $91,232
-
10a · Land, buildings and equipment: cost or other basis
$2,834,496
-
10b · Land, buildings and equipment: accumulated depreciation
$745,944
-
10c · Land, buildings and equipment, net
beginning of year $2,185,089 · end of year $2,088,552
-
11 · Investments: publicly traded securities
beginning of year $93,015 · end of year $97,744
-
12 · Investments: other securities
beginning of year $0
-
13 · Investments: program-related
beginning of year $0
-
15 · Other assets
beginning of year $1,500 · end of year $1,500
-
17 · Accounts payable and accrued expenses
beginning of year $140,278 · end of year $165,711
-
19 · Deferred revenue
beginning of year $3,786,591 · end of year $3,973,686
-
22 · Loans and payables to officers and key people
end of year $0
-
25 · Other liabilities
beginning of year $19,325 · end of year $18,525
-
31 · Retained earnings, endowment or other funds
beginning of year $781,430 · end of year $331,845
Mission and programs · 2023
Mission
THE MISSION OF BMW CAR CLUB OF AMERICA, INC. IS TO PROVIDE A VARIETY OF ACTIVITIES, EVENTS, AND PUBLICATIONS DESIGNED TO HELP APPROXIMATELY 70,000 MEMBERS LEARN ABOUT, MAINTAIN, DRIVE & ENJOY THEIR BMW. THE LOCAL LEVEL
Activities or mission (Part I)
TO PROMOTE SOCIAL INTERACTION AMONG BMW CAR CLUB MEMBERS
-
THE ORGANIZATION'S NATIONAL OFFICE BUDGETS AND COORDINATES OKTOBERFEST EACH YEAR. OKTOBERFEST IS A WEEK-LONG EVENT THAT INCLUDES DRIVING EVENTS, CLUB RACES, AND SOCIAL FUNCTIONS FOR PARTICIPATING MEMBERS. THE NATIONAL OFFICE HOSTS THE NEWSLETTER EDITOR/WEBMASTER CONFERENCE, WHICH IS AN EDUCATIONAL CONFERENCE FOR CHAPTER NEWSLETTER EDITORS AND WEBMASTERS. THE NATIONAL OFFICE ALSO HOSTS THE CHAPTER LEADERSHIP CONFERENCE. THE INDIVIDUAL CHAPTERS SPONSOR VARIOUS DRIVING EVENTS FOR CLUB MEMBERS. THE NATIONAL OFFICE COORDINATES MOTORSPORT INSURANCE FOR THESE EVENTS. ADDITIONALLY, MEMBERS ARE GIVEN THE OPPORTUNITY TO PARTICIPATE IN CLUB RACES AND OTHER SOCIAL EVENTS. AS MEMBERS ARE ASSIGNED TO LOCAL CHAPTERS, A REBATE FROM MEMBERSHIP DUES IS MADE TO INDIVIDUAL STATE CHAPTERS ON AN ALLOCABLE BASIS TO SUPPORT EVENTS AT THE LOCAL LEVEL.
-
The Club produces 8 issues of Roundel and 2 issues of BimmerLife under this publication title. BimmerLife focuses on regional chapters and their events
As filed on the 2023 return.
Listed in Part VII
-
Athena Brekke
Treasurer
- Total calculated
- $0
- Hours/week
- 10
-
Brian Thomason
Executive Vice President
- Total calculated
- $0
- Hours/week
- 15
-
Darlene Doran
Secretary
- Total calculated
- $0
- Hours/week
- 10
-
Eddy Funahashi
Pesident
- Total calculated
- $0
- Hours/week
- 15
-
David Brighton
North Central RVP
- Total calculated
- $0
- Hours/week
- 5
-
Jeff Gomon
Central RVP
- Total calculated
- $0
- Hours/week
- 5
-
Lawrence Engel
North Atlantic RVP
- Total calculated
- $0
- Hours/week
- 5
-
Simone harrison
South Atlantic RVP
- Total calculated
- $0
- Hours/week
- 5
-
Steve Libby
Pacific RVP
- Total calculated
- $0
- Hours/week
- 5
-
Frank C Patek II
Executive Director
- Total calculated
- $247,613
- From this org
- $182,313
- From related orgs
- $0
- Other
- $65,300
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $179,813
- Bonus
- $2,500
- Other
- $0
- Deferred
- $19,300
- Nontaxable benefits
- $46,000
- Filer's total
- $247,613
-
Heather Tollison
DFO
- Total calculated
- $165,053
- From this org
- $99,753
- From related orgs
- $0
- Other
- $65,300
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $99,753
- Bonus
- $0
- Other
- $0
- Deferred
- $19,300
- Nontaxable benefits
- $46,000
- Filer's total
- $165,053
-
Jason Kazian
Director of Marketing and Corp Sponsorship
- Total calculated
- $180,559
- From this org
- $115,259
- From related orgs
- $0
- Other
- $65,300
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $115,259
- Bonus
- $0
- Other
- $0
- Deferred
- $19,300
- Nontaxable benefits
- $46,000
- Filer's total
- $180,559
-
Walker L Rayburn
Creative Director
- Total calculated
- $180,300
- From this org
- $115,000
- From related orgs
- $0
- Other
- $65,300
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $115,000
- Bonus
- $0
- Other
- $0
- Deferred
- $19,300
- Nontaxable benefits
- $46,000
- Filer's total
- $180,300
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
The filer's explanations (Part III)
- Schedule J, Part I, Line 7
- ANNUAL BONUSES ARE GIVEN BASED ON PERFORMANCE REVIEWS. THESE BONUSES ARE NOT TIED TO COMPANY EARNINGS.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 12 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202423179349302042
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.