Civic Intelligence

Studebaker Drivers Club Inc

990 • Fiscal year 2015 • EIN 25-1381839

Jan 01, 2015 to Dec 31, 2015 • Filed on May 10, 2016

Organization ProfileWWW.STUDEBAKERDRIVERSCLUB.COM
PO Box 3044South Bend, IN 46619

(810) 793-2452

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

30th percentile

0.08x

Higher debt load relative to assets than 30% of similar nonprofits.

2015 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

34th percentile

0.20x

Higher debt load relative to revenue than 34% of similar nonprofits.

2015 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2015

Net Margin

60th percentile

6.4%

Higher net margin than 60% of similar nonprofits.

2015 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

75th percentile

$9,600

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 2.3% of source-year revenue.

2015 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2015

Asset Growth

22nd percentile

-4.3%

Faster asset growth than 22% of similar nonprofits.

2015 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

22nd percentile

-4.3%

Faster revenue growth than 22% of similar nonprofits.

2015 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets30th percentile

Assets

Down

$1,014,533

Down $45,282 (-4.3%) from 2014

Net Assets

Down

$931,539

Down $33,541 (-3.5%) from 2014

Liabilities

Down

$82,994

Down $11,741 (-12%) from 2014

Revenue And Expenses
Liabilities / Revenue34th percentileNet Margin60th percentile

Revenue

Down

$422,297

Down $19,078 (-4.3%) from 2014

Expenses

Down

$395,185

Down $21,329 (-5.1%) from 2014

Net Income

Up

$27,112

Up $2,251 (+9.1%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth22nd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2010: $991,031Liabilities 2010: $0Net Assets 2010: $991,0312010Assets 2012: $1,053,327Liabilities 2012: $96,023Net Assets 2012: $957,3042012Assets 2013: $1,036,996Liabilities 2013: $96,777Net Assets 2013: $940,2192013Assets 2014: $1,059,815Liabilities 2014: $94,735Net Assets 2014: $965,0802014Assets 2015: $1,014,533Liabilities 2015: $82,994Net Assets 2015: $931,5392015Assets 2016: $1,010,174Liabilities 2016: $75,435Net Assets 2016: $934,7392016Assets 2017: $1,063,188Liabilities 2017: $62,114Net Assets 2017: $1,001,0742017Assets 2018: $1,076,177Liabilities 2018: $74,898Net Assets 2018: $1,001,2792018Assets 2019: $1,222,317Liabilities 2019: $84,180Net Assets 2019: $1,138,1372019Assets 2020: $1,252,567Liabilities 2020: $88,042Net Assets 2020: $1,164,5252020Assets 2021: $1,402,489Liabilities 2021: $102,778Net Assets 2021: $1,299,7112021Assets 2022: $1,360,310Liabilities 2022: $79,633Net Assets 2022: $1,280,6772022Assets 2023: $1,324,110Liabilities 2023: $62,913Net Assets 2023: $1,261,1972023Assets 2024: $1,344,590Liabilities 2024: $63,849Net Assets 2024: $1,280,7412024

Highlighted filing

2015

Assets$1,014,533
Liabilities$82,994
Net Assets$931,539
Open 2015 Filing

Operations Trend

Revenue Growth22nd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KExpenses 2010: $512,5382010Expenses 2012: $373,9842012Expenses 2013: $488,7852013Revenue 2014: $441,375Expenses 2014: $416,514Net Income 2014: $24,8612014Revenue 2015: $422,297Expenses 2015: $395,185Net Income 2015: $27,1122015Revenue 2016: $399,494Expenses 2016: $396,693Net Income 2016: $2,8012016Revenue 2017: $482,535Expenses 2017: $416,200Net Income 2017: $66,3352017Revenue 2018: $393,057Expenses 2018: $392,852Net Income 2018: $2052018Revenue 2019: $523,242Expenses 2019: $386,384Net Income 2019: $136,8582019Revenue 2020: $377,587Expenses 2020: $351,254Net Income 2020: $26,3332020Revenue 2021: $497,407Expenses 2021: $362,221Net Income 2021: $135,1862021Revenue 2022: $429,587Expenses 2022: $448,621Net Income 2022: -$19,0342022Revenue 2023: $402,321Expenses 2023: $421,801Net Income 2023: -$19,4802023Revenue 2024: $440,229Expenses 2024: $420,685Net Income 2024: $19,5442024

Highlighted filing

2015

Revenue$422,297
Expenses$395,185
Net Income$27,112
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 10, 2016
Return Version
2015v2.1
Gross Receipts
$422,297
Mission and Program Overview

Mission

The purpose of the studebaker drivers club is to honor the studebaker automobile and all of the studebaker-related products.

Provide membership services for restoration of vehicles; publicaton of "turning wheels" magazine; provide funds to run sdc museum; educate public

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$702,796$781,988▲ $79,192
Savings and Temporary Cash Investments$274,806$232,545▼ $42,261
Total Assets$977,602$1,014,533▲ $36,931
Liabilities
Accounts Payable and Accrued Expenses$73,175$82,994▲ $9,819
Total Liabilities$73,175$82,994▲ $9,819
Net Assets / Fund Balance
Unrestricted Net Assets$904,427$931,539▲ $27,112
Total Net Assets Fund Balance$904,427$931,539▲ $27,112
Total Liabilities and Net Assets / Fund Balance$977,602$1,014,533▲ $36,931
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleBaseTotal
Jane StinsonTreasurer$9,600$9,600

Board Members and Trustees

NameTitle
Carl ThomasonPast President
Tom CurtisPresident
Don CoxVice President
Donal MorganDirector
Donald JonesDirector
Duane MillerDirector
Edward BurrisDirector
Frank Van DoornDirector
James BellDirector
Malcolm StinsonDirector
Paul DammesDirector
Robert CanadaDirector
Robert HenningDirector
Nita KetchumSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$322,828
Program Service Revenue
$78,375
Investment Income
$27,712
Other Revenue
$-6,618
Change in Net Assets
$27,112

Audited Revenue Reconciliation

Revenue per Audited Statements
$422,297
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$59,605
Total Revenue per Audited Statements
$481,902
Total Revenue per Form 990
$422,297
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$385,585
Salaries, Compensation, and Employee Benefits$9,600
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses---$37,525
Insurance---$12,567
Information Technology---$10,823
All Other Expenses---$9,603
Current Officers, Directors, Trustees, and Key Employees---$9,600
Office Expenses---$6,687
Advertising---$6,426
Fees for Services Accounting---$2,100
Total Functional Expenses$0$0$0$395,185

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$454,790
Expenses per Audited Statements$395,185
Total Expenses per Form 990$395,185
Expenses Not Reported on Form 990$59,605
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“As the organization is a car club for studebaker enthusiasts, it has approximately 10,900 members.”

Form 990, Part VI, Section A, Line 7A

“The district directors of the organization are elected by each district's members. The district directors then elect the corporate officers.”

Form 990, Part VI, Section B, Line 11

“The form 990 is reviewed by the treasurer prior to filing with the irs.”

Form 990, Part VI, Section B, Line 12C

“If a conflict of interest should arise, the board of directors addresses the conflict and determines the course of action to be taken.”

Form 990, Part VI, Section B, Line 15

“The board of directors votes on compensation.”

Form 990, Part VI, Section C, Line 19

“The governing documents are published in the club magazine and are also available upon written or verbal request.”

Filing and Contact Details

Filer

Filer Name
Studebaker Drivers Club Inc
EIN
25-1381839
Phone
8107932452
Address
PO BOX 3044, SOUTH BEND, IN 46619

Signing Officer

Name
Jane Stinson
Title
Treasurer
Phone
8107932452
Signed
2016-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tom Curtis
Formed
1962
Legal Domicile
Mn
Voting Board Members
15
Independent Board Members
15
Employees
0
Volunteers
500

Preparer

Firm
Carr Riggs & Ingram LLC
Address
2111 DREW STREET, CLEARWATER, FL 33765-3215
Preparer
Carr Riggs Ingram LLC
Phone
7274460504
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“Studebaker drivers club, inc. Is a not-for-profit corporation exempt from payment of federal income tax under section 501(c)(7) of the internal revenue code. However, the club receives revenues from certain advertising in the club's magazine, which, after being reduced by related costs, are subject to taxation as unrelated business income. The club has a carryforward net operating loss of approximately $366,000 for the tax year ended december 31,2015. Therefore, no tax paid during the year and no liability has been recorded. The club follows the provisions of fasb asc (accounting standards codification no. 740, accounting for uncertainty in income taxes). The club has not recognized any respective liability for unrecognized tax benefits as it has no known tax positions that would subject the club to any material income tax exposure. A reconciliation of the beginning and ending amount of unrecognized tax benefits is not included, nor is there any interest accrued related to unrecognized tax benefits in interest expense and penalties in operating expenses as there are no unrecognized tax benefits.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Ubit expenses netted against revenue 59,605.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Ubit expenses netted against revenue 59,605.”

Raw XML Appendix386 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt073175
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt082994
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROVIDE MEMBERSHIP SERVICES FOR RESTORATION OF VEHICLES; PUBLICATON OF "TURNING WHEELS" MAGAZINE; PROVIDE FUNDS TO RUN SDC MUSEUM; EDUCATE PUBLIC
IRS990/AdvertisingGrp/TotalAmt06426
IRS990/AllOtherExpensesGrp/TotalAmt09603
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JANE STINSON
IRS990/BooksInCareOfDetail/PhoneNum08107932452
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 3044
IRS990/BooksInCareOfDetail/USAddress/CityNm0SOUTH BEND
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd046619
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt09600
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CostOfGoodsSoldAmt00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0322828
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt027712
IRS990/CYOtherExpensesAmt0385585
IRS990/CYOtherRevenueAmt0-6618
IRS990/CYProgramServiceRevenueAmt078375
IRS990/CYRevenuesLessExpensesAmt027112
IRS990/CYSalariesCompEmpBnftPaidAmt09600
IRS990/CYTotalExpensesAmt0395185
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0422297
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0PUBLICATION OF "TURNING WHEELS MAGAZINE" FOR MEMBERS; MAILING AND DISTRIBUTION COSTS OF THE MAGAZINE.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt02100
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/PersonNm0TOM CURTIS
IRS990/Form990PartVIISectionAGrp/PersonNm1DON COX
IRS990/Form990PartVIISectionAGrp/PersonNm2NITA KETCHUM
IRS990/Form990PartVIISectionAGrp/PersonNm3JANE STINSON
IRS990/Form990PartVIISectionAGrp/PersonNm4CARL THOMASON
IRS990/Form990PartVIISectionAGrp/PersonNm5DONALD JONES
IRS990/Form990PartVIISectionAGrp/PersonNm6FRANK VAN DOORN
IRS990/Form990PartVIISectionAGrp/PersonNm7DONAL MORGAN
IRS990/Form990PartVIISectionAGrp/PersonNm8ROBERT HENNING
IRS990/Form990PartVIISectionAGrp/PersonNm9JAMES BELL
IRS990/Form990PartVIISectionAGrp/PersonNm10ROBERT CANADA
IRS990/Form990PartVIISectionAGrp/PersonNm11MALCOLM STINSON
IRS990/Form990PartVIISectionAGrp/PersonNm12EDWARD BURRIS
IRS990/Form990PartVIISectionAGrp/PersonNm13DUANE MILLER
IRS990/Form990PartVIISectionAGrp/PersonNm14PAUL DAMMES
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt39600
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/Form990TFiledInd01
IRS990/FormationYr01962
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt015
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0422297
IRS990/GrossReceiptsForPublicUseAmt00
IRS990/GrossSalesOfInventoryAmt03462
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt015
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt010823
IRS990/InitiationFeesAndCapContriAmt00
IRS990/InsuranceGrp/TotalAmt012567
IRS990/InvestmentIncomeGrp/ExclusionAmt027712
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt027712
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0702796
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0781988
IRS990/IRPDocumentCnt018
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt0322828
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE PURPOSE OF THE STUDEBAKER DRIVERS CLUB IS TO HONOR THE STUDEBAKER AUTOMOBILE AND ALL OF THE STUDEBAKER-RELATED PRODUCTS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0904427
IRS990/NetAssetsOrFundBalancesEOYAmt0931539
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt03462
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt03462
IRS990/NetUnrelatedBusTxblIncmAmt0-15807
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/TotalAmt06687
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0PRINTING & POSTAGE
IRS990/OtherExpensesGrp/Desc1INTERNATIONAL MEETING
IRS990/OtherExpensesGrp/Desc2MEMBERSHIP FEES & COMMI
IRS990/OtherExpensesGrp/Desc3EDITORS' FEES & COMMISS
IRS990/OtherExpensesGrp/TotalAmt0156788
IRS990/OtherExpensesGrp/TotalAmt180751
IRS990/OtherExpensesGrp/TotalAmt262315
IRS990/OtherExpensesGrp/TotalAmt337525
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1541800
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/Desc1ADVERTISING
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt05727
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt05727
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1-15807
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt0-15807
IRS990/OtherRevenueTotalAmt0-10080
IRS990/PartialLiquidationInd00
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0TOM CURTIS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM SERVICE REVENU
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt078375
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt078375
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0153102
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0355
IRS990/PYOtherExpensesAmt0226424
IRS990/PYOtherRevenueAmt02886
IRS990/PYProgramServiceRevenueAmt014228
IRS990/PYRevenuesLessExpensesAmt0-60653
IRS990/PYSalariesCompEmpBnftPaidAmt04800
IRS990/PYTotalExpensesAmt0231224
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0170571
IRS990/ReconcilationRevenueExpnssAmt027112
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0274806
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0232545
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt059605
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0395185
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesIncludedAmt059605
IRS990ScheduleD/OtherRevenueAmt059605
IRS990ScheduleD/RevenueNotReportedAmt059605
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0422297
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0STUDEBAKER DRIVERS CLUB, INC. IS A NOT-FOR-PROFIT CORPORATION EXEMPT FROM PAYMENT OF FEDERAL INCOME TAX UNDER SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE. HOWEVER, THE CLUB RECEIVES REVENUES FROM CERTAIN ADVERTISING IN THE CLUB'S MAGAZINE, WHICH, AFTER BEING REDUCED BY RELATED COSTS, ARE SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. THE CLUB HAS A CARRYFORWARD NET OPERATING LOSS OF APPROXIMATELY $366,000 FOR THE TAX YEAR ENDED DECEMBER 31,2015. THEREFORE, NO TAX PAID DURING THE YEAR AND NO LIABILITY HAS BEEN RECORDED. THE CLUB FOLLOWS THE PROVISIONS OF FASB ASC (ACCOUNTING STANDARDS CODIFICATION NO. 740, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES). THE CLUB HAS NOT RECOGNIZED ANY RESPECTIVE LIABILITY FOR UNRECOGNIZED TAX BENEFITS AS IT HAS NO KNOWN TAX POSITIONS THAT WOULD SUBJECT THE CLUB TO ANY MATERIAL INCOME TAX EXPOSURE. A RECONCILIATION OF THE BEGINNING AND ENDING AMOUNT OF UNRECOGNIZED TAX BENEFITS IS NOT INCLUDED, NOR IS THERE ANY INTEREST ACCRUED RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE AND PENALTIES IN OPERATING EXPENSES AS THERE ARE NO UNRECOGNIZED TAX BENEFITS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1UBIT EXPENSES NETTED AGAINST REVENUE 59,605.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2UBIT EXPENSES NETTED AGAINST REVENUE 59,605.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0395185
IRS990ScheduleD/TotalRevenuePerForm990Amt0422297
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0481902
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0454790
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AS THE ORGANIZATION IS A CAR CLUB FOR STUDEBAKER ENTHUSIASTS, IT HAS APPROXIMATELY 10,900 MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE DISTRICT DIRECTORS OF THE ORGANIZATION ARE ELECTED BY EACH DISTRICT'S MEMBERS. THE DISTRICT DIRECTORS THEN ELECT THE CORPORATE OFFICERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 IS REVIEWED BY THE TREASURER PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3IF A CONFLICT OF INTEREST SHOULD ARISE, THE BOARD OF DIRECTORS ADDRESSES THE CONFLICT AND DETERMINES THE COURSE OF ACTION TO BE TAKEN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD OF DIRECTORS VOTES ON COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE GOVERNING DOCUMENTS ARE PUBLISHED IN THE CLUB MAGAZINE AND ARE ALSO AVAILABLE UPON WRITTEN OR VERBAL REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0977602
IRS990/TotalAssetsEOYAmt01014533
IRS990/TotalAssetsGrp/BOYAmt0977602
IRS990/TotalAssetsGrp/EOYAmt01014533
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0322828
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0395185
IRS990/TotalGrossUBIAmt0-15807
IRS990/TotalLiabilitiesBOYAmt073175
IRS990/TotalLiabilitiesEOYAmt082994
IRS990/TotalLiabilitiesGrp/BOYAmt073175
IRS990/TotalLiabilitiesGrp/EOYAmt082994
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0904427
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0931539
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt078375
IRS990/TotalReportableCompFromOrgAmt09600
IRS990/TotalRevenueGrp/ExclusionAmt027712
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt087564
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0422297
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0-15807
IRS990/TotalVolunteersCnt0500
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0977602
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01014533
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0904427
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0931539
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 3044
IRS990/USAddress/CityNm0SOUTH BEND
IRS990/USAddress/StateAbbreviationCd0IN
IRS990/USAddress/ZIPCd046619
IRS990/VotingMembersGoverningBodyCnt015
IRS990/VotingMembersIndependentCnt015
IRS990/WebsiteAddressTxt0WWW.STUDEBAKERDRIVERSCLUB.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JANE STINSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08107932452
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0STUDEBAKER DRIVERS CLUB INC
ReturnHeader/Filer/BusinessNameControlTxt0STUD
ReturnHeader/Filer/EIN0251381839
ReturnHeader/Filer/PhoneNum08107932452
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 3044
ReturnHeader/Filer/USAddress/CityNm0SOUTH BEND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd046619
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0721396621
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CARR RIGGS & INGRAM LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02111 DREW STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CLEARWATER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0337653215
ReturnHeader/PreparerPersonGrp/PhoneNum07274460504
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CARR RIGGS INGRAM LLC
ReturnHeader/ReturnTs02016-05-11T13:56:51-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,014,533
Liabilities
$82,994
Net assets
$931,539
Revenue
$422,297
Expenses
$395,185
Net income
$27,112
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.34$0.06$1.28$0.44$0.42$0.02
2023Detailed filing. Detailed filing data is available for this year.$1.32$0.06$1.26$0.40$0.42$0.02
2022Detailed filing. Detailed filing data is available for this year.$1.36$0.08$1.28$0.43$0.45$0.02
2021Detailed filing. Detailed filing data is available for this year.$1.40$0.10$1.30$0.50$0.36$0.14
2020Detailed filing. Detailed filing data is available for this year.$1.25$0.09$1.16$0.38$0.35$0.03
2019Detailed filing. Detailed filing data is available for this year.$1.22$0.08$1.14$0.52$0.39$0.14
2018Detailed filing. Detailed filing data is available for this year.$1.08$0.07$1.00$0.39$0.39$0.00
2017Detailed filing. Detailed filing data is available for this year.$1.06$0.06$1.00$0.48$0.42$0.07
2016Detailed filing. Detailed filing data is available for this year.$1.01$0.08$0.93$0.40$0.40$0.00
2015Detailed filing. Detailed filing data is available for this year.$1.01$0.08$0.93$0.42$0.40$0.03
2014Detailed filing. Detailed filing data is available for this year.$1.06$0.09$0.97$0.44$0.42$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.04$0.10$0.94$0.49
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.05$0.10$0.96$0.37
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.99$0.00$0.99$0.51