Memory Lane Classic Cars Inc

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

EIN: 861663797 ✦ Hiawassee, GA ✦ Designated as a 501(c)(3)

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Overview

What is Memory Lane Classic Cars Inc?

Memory Lane Classic Cars Inc, situated in Hiawassee, Georgia, and its surrounding regions, serves as a classic car museum with a philanthropic purpose. Funds raised from this museum are channeled towards supporting various local charitable organizations. By showcasing these vintage automobiles, Memory Lane Classic Cars Inc contributes to the community in a unique and engaging manner, demonstrating their dedication to community development and welfare.

Is Memory Lane Classic Cars Inc legitimate?

Memory Lane Classic Cars Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Memory Lane Classic Cars 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.

What is the mission statement of Memory Lane Classic Cars Inc?

Memory Lane Classic Cars Inc. operates a classic car museum with the primary objective of contributing to various charitable causes. Located in an unspecified location, this organization uses its classic car collection to raise funds and generate support for local charities situated in Hiawassee, Georgia, and its surrounding counties. By hosting events and exhibitions, Memory Lane Classic Cars Inc. contributes to the community's wellbeing and supports numerous charitable organizations.

Who is the CEO of Memory Lane Classic Cars Inc?

B June Smith is the Secretary of Memory Lane Classic Cars Inc.

What is the revenue of Memory Lane Classic Cars Inc?

Memory Lane Classic Cars Inc's revenue in 2022 was $48,182.

Who are the executives of Memory Lane Classic Cars Inc and what are their salaries?


Here are 2 key members and their salaries:


Jerry O Smith (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
B June Smith (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Memory Lane Classic Cars Inc?

Memory Lane Classic Cars Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Memory Lane Classic Cars Inc

Memory Lane Classic Cars Inc, a nonprofit organization, operates a classic car museum with a mission to support local charitable causes in Hiawassee, Georgia, and its surrounding areas. The primary objective of this establishment is to utilize its classic car collection as a means to generate funds and contributions for various charitable organizations within its community. By showcasing a collection of vintage vehicles, Memory Lane Classic Cars Inc aims to attract visitors who will then contribute financially to the cause, thereby benefiting the local community.

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Impact




August, 2024

Memory Lane Classic Cars Inc's impact lies in its operation of a classic car museum in Hiawassee, GA. By showcasing vintage cars and hosting events, Memory Lane Classic Cars Inc contributes to the local community and supports charitable organizations in the area. Through their efforts, they not only preserve automotive history but also give back to the community in a meaningful way.




This information is meant to be a general summary of Memory Lane Classic Cars 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
$48,182 (2022)
Expenses
$79,998 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $48,182
  • Gross Receipts: $48,182

Assets and Liabilities:

  • Total Assets: $37,933
  • Total Liabilities: $0
  • Net Assets: $37,933

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Organization Details

Principal Officer

B June Smith

Main Address

74 ABIGAIL LANE, HIAWASSEE, GA, 30546

NTEE Category

Code: A50 - Arts

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