Overview
What is Ferrari Club Of America Inc?
The Ferrari Club of America Inc, situated in San Mateo, California, serves as a social platform for both Ferrari owners and enthusiasts across North America. Their primary activity involves organizing events such as race track experiences, weekend tours, and dinners, providing ample opportunities for car enthusiasts to connect, share stories, and delve into the technical aspects of Ferraris. In addition to these gatherings, the club publishes a monthly newsletter and a quarterly magazine, ensuring members stay updated on Ferrari-related information. With a small team of five individuals, they foster a sense of community among their members, promoting a shared passion for the iconic Italian automotive brand.
Official website here: www.ferrariclubofamerica.org
Is Ferrari Club Of America Inc legitimate?
Ferrari Club Of America Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Ferrari Club Of America Inc submitted a form 990, 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $98,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $148,126
For more financial information, click here
Official website here: www.ferrariclubofamerica.org
What is the mission statement of Ferrari Club Of America Inc?
The Ferrari Club of America serves as a social platform in North America, catering to both Ferrari owners and enthusiasts. Its primary objective is to facilitate a variety of social events, such as race track experiences, weekend tours, dinners, and other vehicle-related events. These events provide an opportunity for Ferrari owners to connect, share their experiences, and delve into the technical aspects of their beloved vehicles. In addition, the club publishes a monthly newsletter and a quarterly magazine, filled with specific Ferrari-related information. These resources serve as a hub for members to stay informed and engaged with the Ferrari community.
Official website here: www.ferrariclubofamerica.org
What is the revenue of Ferrari Club Of America Inc?
Ferrari Club Of America Inc's revenue in 2023 was $3,787,390.
Official website here: www.ferrariclubofamerica.org
Who are the executives of Ferrari Club Of America Inc and what are their salaries?
The average compensation at Ferrari Club Of America Inc during 2023 was $61,732. There are 4 employees and 7050 volunteers at Ferrari Club Of America Inc.
Here are 6 key members and their salaries:
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- Compensation: $98,800
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- Other: $0
Official website here: www.ferrariclubofamerica.org
Where can I find the form 990 for Ferrari Club Of America Inc?
Ferrari Club Of America Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ferrariclubofamerica.org
Learn more at the official website: www.ferrariclubofamerica.org
Mission Statement of Ferrari Club Of America Inc
The Ferrari Club of America, a social organization in North America, is dedicated to providing a platform for both Ferrari owners and enthusiasts. Its primary mission is to facilitate social events that cater to the interests of Ferrari enthusiasts. These events range from racing opportunities on the track, exhilarating weekend tours, and elegant dinners, offering a space for Ferrari owners to share their experiences and delve into the technical aspects of these iconic vehicles. The club further enhances this experience by publishing a monthly newsletter and a quarterly magazine, both filled with information specific to Ferraris. These publications serve as a valuable resource, keeping members updated on the latest developments and trends within the Ferrari community.
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Impact
October, 2024
The Ferrari Club of America Inc fosters a vibrant community for both owners and enthusiasts of Ferrari vehicles. By organizing a range of social events such as race track opportunities, weekend tours, and gatherings, the club facilitates networking and camaraderie among its members. These events offer a platform for individuals to share their passion for Ferraris, swapping stories and experiences that deepen their appreciation for these iconic cars.
Additionally, the club enhances members' knowledge of Ferrari through educational opportunities focused on the technical aspects of the vehicles. The monthly newsletter and quarterly magazine serve as valuable resources, providing insights, updates, and features that cater specifically to the interests of Ferrari aficionados.
In essence, the Ferrari Club of America Inc plays a significant role in enriching the Ferrari ownership experience, promoting a culture of enthusiasm and shared passion for automotive excellence.
This information is meant to be a general summary of Ferrari Club Of America Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $791
- Program Service Revenue: $3,786,599
- Gross Receipts: $3,787,390
Assets and Liabilities:
- Total Assets: $2,203,282
- Total Liabilities: $145,892
- Net Assets: $2,057,390
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EVENT INCOME
Revenue
$1,767,661
MEMBERSHIP DUES
Revenue
$1,431,894
SPONSORSHIP INCOME
Revenue
$463,058
ADVERTISING INCOME
Revenue
$68,373
MISCELLANEOUS INCOME
Revenue
$55,613
Organization Details
Founding Year
1962
Principal Officer
Belinda Steyer
Website
www.ferrariclubofamerica.orgNTEE Category
Code: N03 - Recreation
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