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Free State Corvette Club Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 205576739 ✦ Ellicott city, MD ✦ Designated as a 501(c)(3)

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Overview

What is Free State Corvette Club Foundation?

The Free State Corvette Club Foundation is a charitable organization based in Ellicott City, Maryland. Their primary mission is to collect and distribute funds to support other nonprofit organizations, classified as 501(c)(3). Annually, they organize a Corvette event in Ocean City, Maryland, generating funds and extending assistance to multiple 501(c)(3) organizations. In 2022, they provided financial aid totaling $5,000 each to Gilchrist Kids, Bennet Institute, Worcester County Gold, and USO Metro. Through these efforts, the Free State Corvette Club Foundation aims to positively impact various nonprofit organizations within its community.


Official website here: www.freestatecorvette.com

Is Free State Corvette Club Foundation legitimate?

Free State Corvette Club Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Free State Corvette Club Foundation submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Official website here: www.freestatecorvette.com

What is the mission statement of Free State Corvette Club Foundation?

The Free State Corvette Club Foundation's mission involves raising and distributing funds to support other 501(c)(3) organizations. They accomplish this through annual Corvette events, such as the one held in Ocean City, Maryland, which serves as a fundraising platform. In 2022, they were able to contribute significant sums to several organizations, including Gilchrist Kids, Bennet Institute, Worcester County Gold, and USO Metro. The foundation's primary goal is to provide financial assistance to these organizations, thereby contributing to their respective causes.


Official website here: www.freestatecorvette.com

Who is the CEO of Free State Corvette Club Foundation?

Craig Steinbock is the President of Free State Corvette Club Foundation.


Official website here: www.freestatecorvette.com

What is the revenue of Free State Corvette Club Foundation?

Free State Corvette Club Foundation's revenue in 2022 was $56,587.


Official website here: www.freestatecorvette.com

Who are the executives of Free State Corvette Club Foundation and what are their salaries?


Here are 9 key members and their salaries:


Craig Steinbock (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Wren (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Norman Elkins (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Weiner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Kinnear (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Daley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Acicella (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Fox (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Bogue (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.freestatecorvette.com

Where can I find the form 990EZ for Free State Corvette Club Foundation?

Free State Corvette Club Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.freestatecorvette.com

Learn more at the official website: www.freestatecorvette.com

Mission Statement of Free State Corvette Club Foundation

The Free State Corvette Club Foundation is an organization dedicated to raising and distributing funds for the benefit of other 501(c)(3) non-profit entities. They achieve this objective annually by organizing a Corvette weekend in Ocean City, Maryland. This event serves as a significant fundraising platform, allowing the foundation to contribute substantial amounts to various eligible organizations. In 2022, the Free State Corvette Club Foundation managed to donate $5,000 each to Gilchrist Kids, Bennet Institute, Worcester County Gold, and USO Metro. This philanthropic endeavor demonstrates the foundation's commitment to supporting a wide range of causes and organizations that align with its mission.

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Impact




August, 2024

The Free State Corvette Club Foundation's impact can be seen in the financial assistance it provides to other 501(c)(3) organizations. Through their annual Corvette weekend in Ocean City, Maryland, they are able to raise funds and contribute significantly to various charitable organizations. In 2022, they were able to donate $5,000 each to Gilchrist Kids, Bennet Institute, Worcester County Gold, and USO Metro. This demonstrates their commitment to supporting important causes and making a positive difference in their community.




This information is meant to be a general summary of Free State Corvette Club Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$56,587 (2022)
Expenses
$55,738 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2
  • Gross Receipts: $97,610

Assets and Liabilities:

  • Total Assets: $42,183
  • Total Liabilities: $0
  • Net Assets: $42,183

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Organization Details

Principal Officer

Craig Steinbock

Main Address

PO BOX 741, ELLICOTT CITY, MD, 21042

NTEE Category

Code: T12 - Philanthropy

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