Lone Star Corvette Club Inc

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

EIN: 751886342 ✦ Plano, TX ✦ Designated as a 501(c)(7)

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Overview

What is Lone Star Corvette Club Inc?

Lone Star Corvette Club Inc is a nonprofit organization that serves as a community for Corvette enthusiasts and admirers. Beyond fostering camaraderie, the club plays a significant role in supporting worthy causes. They financially contribute to esteemed independent charities, including the National Corvette Museum, Patriot Paws, and The Greater Dallas Veterans Foundation. These charities, in turn, carry out various initiatives aimed at benefiting different sectors, such as preserving Corvette heritage, training assistance dogs for veterans, and aiding veterans in need.

Is Lone Star Corvette Club Inc legitimate?

Lone Star Corvette Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Lone Star Corvette Club Inc 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Lone Star Corvette Club Inc?

The Lone Star Corvette Club serves as a community for Corvette enthusiasts and admirers. Beyond fostering camaraderie, the club extends its support to several independent charities. Notable among these are the National Corvette Museum, Patriot Paws, and The Greater Dallas Veterans Foundation. The club's mission is multifaceted, acting as a platform for Corvette lovers while also contributing to these worthy causes.

What is the revenue of Lone Star Corvette Club Inc?

Lone Star Corvette Club Inc's revenue in 2023 was $69,201.

Who are the executives of Lone Star Corvette Club Inc and what are their salaries?

Here are 10 key members and their salaries:


Ellie Mendez (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Burks (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glenn Jones (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Raiden (Financial Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Becky Corbitt (Recording Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Carr (Recreational Events)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kerry Hogan (Membership Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean Hadley (Webmaster)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Perez (Competitive Events)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Cook (Social Media Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Lone Star Corvette Club Inc?

Lone Star Corvette Club Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.

Mission Statement of Lone Star Corvette Club Inc

Lone Star Corvette Club, as an affinity organization, serves as a hub for Corvette enthusiasts and admirers. Beyond their shared passion for the iconic vehicle, this club is committed to making a significant impact in the community by funding various independent charities. Among the organizations they support are the National Corvette Museum, Patriot Paws, and The Greater Dallas Veterans Foundation. These charities cater to diverse causes, from preserving Corvette history to providing assistance to military veterans and service dogs for disabled individuals. By supporting these charities, Lone Star Corvette Club demonstrates its dedication to giving back and making a positive impact in the lives of others.

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Impact




October, 2024

Lone Star Corvette Club Inc significantly impacts the community by serving as a gathering point for Corvette owners and enthusiasts, fostering a strong sense of camaraderie among members. Through various activities and events, the club not only enhances the experience of owning a Corvette but also promotes the Car culture in the Plano, Texas area.

In addition to building a vibrant community, the club actively supports notable independent charities, making a meaningful contribution to society. By funding organizations such as the National Corvette Museum, Patriot Paws, and The Greater Dallas Veterans Foundation, Lone Star Corvette Club plays a crucial role in charitable initiatives that benefit veterans and other important causes. This dual focus on recreation and philanthropy demonstrates the club's commitment to both its members and the wider community, highlighting the positive impact of shared passions in making a difference.




This information is meant to be a general summary of Lone Star Corvette Club 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.

Revenue
$69,201 (2023)
Expenses
$74,290 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $3
  • Program Service Revenue: $29,623
  • Gross Receipts: $74,507

Assets and Liabilities:

  • Total Assets: $85,638
  • Total Liabilities: $10,490
  • Net Assets: $75,148

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Organization Details

Principal Officer

Ellie Mendez

NTEE Category

Code: N50 - Recreation

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