Golden Gate Lotus Club Inc

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

EIN: 943062326 ✦ Palo alto, CA ✦ Designated as a 501(c)(7)

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Overview

What is Golden Gate Lotus Club Inc?

Golden Gate Lotus Club Inc is a Palo Alto, California-based nonprofit organization catering to Lotus car enthusiasts. They host events for their members and guests, serving as a community hub for individuals with a shared passion for Lotus vehicles. The club's primary focus is on organizing activities that engage and connect its members, fostering a sense of camaraderie and appreciation for the Lotus brand.

Is Golden Gate Lotus Club Inc legitimate?

Golden Gate Lotus Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Golden Gate Lotus Club 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Golden Gate Lotus Club Inc?

The Golden Gate Lotus Club Inc, serving as a car club, is dedicated to catering to Lotus enthusiasts. It accomplishes this by organizing club events that provide enjoyment for both its members and guests. The primary objective of the club is to foster a community around the shared passion for Lotus vehicles. By hosting these events, the club aims to provide a platform for its members to connect, share experiences, and celebrate their shared interest in Lotus cars.

Who is the CEO of Golden Gate Lotus Club Inc?

Laura Hamai is the President of Golden Gate Lotus Club Inc.

What is the revenue of Golden Gate Lotus Club Inc?

Golden Gate Lotus Club Inc's revenue in 2022 was $299,112.

Who are the executives of Golden Gate Lotus Club Inc and what are their salaries?


Here are 4 key members and their salaries:


Jaclyn Feakings (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mona Ruth Zender (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Hogben (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Hamai (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Golden Gate Lotus Club Inc?

Golden Gate Lotus Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Golden Gate Lotus Club Inc

Golden Gate Lotus Club, a car enthusiast organization, is dedicated to serving Lotus lovers by organizing events for both its members and guests. Its primary mission is to provide a platform where individuals with a shared passion for Lotus vehicles can come together, engage in social activities, and celebrate their common interest. This nonprofit organization does not specify any additional goals beyond presenting club events, indicating a primary focus on fostering a community for Lotus enthusiasts.

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Impact




October, 2024

Golden Gate Lotus Club Inc has a significant impact on the community of Lotus enthusiasts, providing a dedicated space for networking, camaraderie, and celebration of a shared passion. Located in Palo Alto, CA, the club hosts events that bring together members and their guests, fostering a sense of belonging and community among car lovers.

Through its events, the club enhances the appreciation for Lotus vehicles, promoting automotive culture and knowledge sharing. Members gain access to unique experiences, including track days, car shows, and social gatherings, helping to cultivate friendships and connections within the automotive world.

By organizing these events, Golden Gate Lotus Club also supports local economies in Palo Alto and surrounding areas, drawing enthusiasts who may participate in other local businesses and attractions. Overall, the club not only preserves the legacy of Lotus vehicles but also strengthens community ties and promotes recreational enjoyment among its members.




This information is meant to be a general summary of Golden Gate Lotus 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
$299,112 (2022)
Expenses
$310,992 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $299,112

Assets and Liabilities:

  • Total Assets: $169,775
  • Total Liabilities: $0
  • Net Assets: $169,775

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Organization Details

Founding Year

1974

Principal Officer

Laura Hamai

Main Address

PO BOX 61112, PALO ALTO, CA, 94306

NTEE Category

Code: N03 - Recreation

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