Lotus Ltd

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

EIN: 521255891 ✦ Bradenton, FL ✦ Designated as a 501(c)(7)

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Overview

What is Lotus Ltd?

Lotus Ltd is a nonprofit organization situated in Bradenton, Florida, dedicated to enhancing the enjoyment of Lotus automobiles for its members. The club boasts an extensive membership base of around 850 individuals, who are supported through various club-organized activities. The organization hosts an annual national meeting, which encompasses educational seminars, car shows, and performance driving events. In addition to this, Lotus Ltd publishes a magazine and maintains a resourceful website, both designed to benefit its members who own Lotus vehicles. This digital platform serves as a valuable source of information and connectivity for the Lotus car community.


Official website here: www.lotuscarclub.org

Is Lotus Ltd legitimate?

Lotus Ltd is a legitimate nonprofit organization registered as a 501(c)(7) entity. Lotus Ltd 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.lotuscarclub.org

What is the mission statement of Lotus Ltd?

Lotus Ltd's mission is centered around fostering the enjoyment of its automobiles. The organization achieves this through its membership and club-organized activities, catering to around 850 members annually. They host an annual national meeting, which features educational seminars, car shows, and performance driving events. The club also publishes a magazine and maintains an informational website, both designed to benefit its members who own Lotus cars. By providing these resources, Lotus Ltd aims to enhance the experience of its members and promote a sense of community within its automobile enthusiasts.


Official website here: www.lotuscarclub.org

Who is the CEO of Lotus Ltd?

Tony Vaccaro is the President of Lotus Ltd.


Official website here: www.lotuscarclub.org

What is the revenue of Lotus Ltd?

Lotus Ltd's revenue in 2022 was $65,053.


Official website here: www.lotuscarclub.org

Who are the executives of Lotus Ltd and what are their salaries?


Here are 10 key members and their salaries:


Tony Vaccaro (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Miller (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cora Gregorie (Corresponding Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Pearce (Teasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Roberts (Recording Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rose Perry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Metz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walter Irvine (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Waggett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Lindley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lotuscarclub.org

Where can I find the form 990EZ for Lotus Ltd?

Lotus Ltd's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.lotuscarclub.org

Learn more at the official website: www.lotuscarclub.org

Mission Statement of Lotus Ltd

Lotus Ltd, a car enthusiast club, is dedicated to enhancing the joy of its members' Lotus automobiles. The organization achieves this goal through various club-sponsored activities, including educational seminars, car shows, and performance driving events. With around 850 members, Lotus Ltd offers a national meeting annually, serving as a platform for its members to engage, learn, and connect. To further support its members, the club publishes a magazine and maintains an informational website, both designed to provide beneficial resources for Lotus car owners. The club's mission is to create an engaging community for its members, fostering a shared passion for Lotus vehicles.

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Impact




October, 2024

Lotus Ltd significantly enhances the automotive community through a range of activities centered around the enjoyment of Lotus automobiles. With a membership base of approximately 850 individuals, it fosters a vibrant community of enthusiasts who share a common passion. The club hosts an annual national meeting that features educational seminars, car shows, and performance driving events, providing members with opportunities to deepen their knowledge and appreciation of Lotus vehicles.

In addition to events, Lotus Ltd publishes a magazine that keeps members informed and engaged with the latest news and developments in the Lotus world. The organization also maintains a comprehensive informational website, serving as a resource for owners of Lotus cars, where they can find valuable information, connect with one another, and enhance their ownership experience.

Located in Bradenton, FL, Lotus Ltd not only cultivates camaraderie among its members but also promotes the joy of driving and maintaining these distinctive automobiles. Its impact on the automotive recreation landscape is profound, creating lasting memories, connections, and a shared enthusiasm for Lotus vehicles.




This information is meant to be a general summary of Lotus Ltd. 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
$65,053 (2022)
Expenses
$56,632 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $4
  • Program Service Revenue: $6,450
  • Gross Receipts: $152,071

Assets and Liabilities:

  • Total Assets: $97,918
  • Total Liabilities: $0
  • Net Assets: $97,918

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Organization Details

Principal Officer

Tony Vaccaro

Main Address

P O Box 15390, Bradenton, FL, 34280

NTEE Category

Code: N03 - Recreation

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