SOCIETY OF VINTAGE RACING ENTHUSIASTS: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
SOCIETY OF VINTAGE RACING ENTHUSIASTS (EIN 46-4826199)
Tax period
2017-01-01 to 2017-12-31
Filed
2018-08-03
IRS object ID
201832159349300403
Schema version
2017v2.3
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2018-08-03T07:29:03-05:00ReturnTs
Tax Period End2017-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN912011386PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1JACOBSON JARVIS & CO PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1200 FIRST AVE WEST SUITE 200AddressLine1Txt
CitySEATTLECityNm
State AbbreviationWAStateAbbreviationCd
ZIP981194219ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2017-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN464826199EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SOCIETY OF VINTAGE RACING ENTHUSIASTSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSOCIBusinessNameControlTxt
Phone4257883924PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11402 LAKE TAPPS STE 104 NO 274AddressLine1Txt
CityAUBURNCityNm
State AbbreviationWAStateAbbreviationCd
ZIP98092ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSTEVE GILMOREPersonNm
Person TitleTREASURERPersonTitleTxt
Phone5033497110PhoneNum
Signature2018-07-30SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonHOWARD DONKIN CPAPreparerPersonNm
PTINP00147726PTIN
Phone2066288990PhoneNum
Preparation2018-07-30PreparationDt
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1SOVRENBusinessNameLine1Txt
FieldValueIRS element (for citing)
Principal OfficerSTEVE GILMOREPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11530 NW LACAMAS DRAddressLine1Txt
CityCAMASCityNm
State AbbreviationWAStateAbbreviationCd
ZIP98607ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$307,439GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.SOVREN.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1987FormationYr
Legal Domicile StateWALegalDomicileStateCd
Activity Or MissionTO ENCOURAGE THE RESTORATION AND PRESERVATION OF HISTORICALLY SIGNIFICANT SPORTS AND COMPETITION CARS. TO PROVIDE FOR THE EXCHANGE OF TECHNICAL INFORMATION AND PROMOTE AND PARTICIPATE IN VINTAGE CAR RACING.ActivityOrMissionDesc
Voting Members Governing Body12VotingMembersGoverningBodyCnt
Voting Members Independent12VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers100TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$30,246PYContributionsGrantsAmt
CY Contributions Grants$26,756CYContributionsGrantsAmt
PY Program Service Revenue$267,961PYProgramServiceRevenueAmt
CY Program Service Revenue$280,312CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$3,145PYOtherRevenueAmt
CY Other Revenue$371CYOtherRevenueAmt
PY Total Revenue$301,352PYTotalRevenueAmt
CY Total Revenue$307,439CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$310,722PYOtherExpensesAmt
CY Other Expenses$279,274CYOtherExpensesAmt
PY Total Expenses$310,722PYTotalExpensesAmt
CY Total Expenses$279,274CYTotalExpensesAmt
PY Revenues Less Expenses-$9,370PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$28,165CYRevenuesLessExpensesAmt
Total Assets BOY$61,460TotalAssetsBOYAmt
Total Assets EOY$95,889TotalAssetsEOYAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$61,460NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$95,889NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO ENCOURAGE THE RESTORATION AND PRESERVATION OF HISTORICALLY SIGNIFICANT SPORTS AND COMPETITION CARS. TO PROVIDE FOR THE EXCHANGE OF TECHNICAL INFORMATION AND PROMOTE AND PARTICIPATE IN VINTAGE CAR RACING.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$51,339ExpenseAmt
Revenue$128,943RevenueAmt
DescPACIFIC NORTHWEST HISTORICS RACE ATTRACTED 175 VINTAGE RACER MEMBERS FROM ACROSS THE NATION AND THIS RACE SERVED AS THE FOCAL POINT FOR RAISING $500,000 FOR UNFUNDED CARE AT SEATTLE CHILDREN'S HOSPITAL.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$30,338ExpenseAmt
Revenue$70,078RevenueAmt
DescTHE COLUMBIA RIVER CLASSIC VINTAGE RACES ATTRACTED 116 RACERS FROM THE PACIFIC NORTHWEST AND WESTERN CANADADesc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$32,670ExpenseAmt
Revenue$81,291RevenueAmt
DescSPRING SPRINTS VINTAGE RACES ATTRACTED 104 RACER MEMBERS FROM THE PACIFIC NORTHWEST AND WESTERN CANADADesc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$119,013ExpenseAmt
DescOTHER RACES AND EVENTSDesc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$119,013TotalOtherProgSrvcExpenseAmt
Total Program Service Expenses$233,360TotalProgramServiceExpensesAmt
Described In Section501c30DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Initiation Fees And Cap Contri$0InitiationFeesAndCapContriAmt
Gross Receipts For Public Use$0GrossReceiptsForPublicUseAmt
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members12GoverningBodyVotingMembersCnt
Independent Voting Member12IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy0ConflictOfInterestPolicyInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldWAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonSTEVE GILMOREPersonNm
Phone5033497110PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11530 NW LACAMAS DRAddressLine1Txt
CityCAMASCityNm
State AbbreviationWAStateAbbreviationCd
ZIP98607ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
MARTIN RUDOW
PRESIDENT15.00Yes (X)Yes (X)$0$0$0
JIM LOVEALL
VICE PRESIDENT10.00Yes (X)Yes (X)$0$0$0
JIM SULLIVAN
VICE PRESIDENT10.00Yes (X)Yes (X)$0$0$0
GARY TISDALE
VICE PRESIDENT10.00Yes (X)Yes (X)$0$0$0
ANNIE GARMEY
SECRETARY15.00Yes (X)Yes (X)$0$0$0
STEVE GILMORE
TREASURER15.00Yes (X)Yes (X)$0$0$0
WALT CARREL
COMPETITION - CO CHAIRMAN10.00Yes (X)$0$0$0
JEFF LARSON
COMPETITION - CO CHAIRMAN10.00Yes (X)$0$0$0
GREG LOVELL
COMPETITION - CO CHAIRMAN10.00Yes (X)$0$0$0
TOM MASTERSON
RACE CHAIRMAN15.00Yes (X)$0$0$0
TOM KRACHT
RACE CHAIRMAN15.00Yes (X)$0$0$0
JIM JOHNSON
PAST PRESIDENT1.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Membership Dues$23,756MembershipDuesAmt
All Other Contributions$3,000AllOtherContributionsAmt
Total Contributions$26,756TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescRACER ENTRY FEEDesc
Business900099BusinessCd
Total Revenue Column$280,312TotalRevenueColumnAmt
Related Or Exempt Func Income$280,312RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$280,312TotalProgramServiceRevenueAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescREGALIADesc
Business448000BusinessCd
Total Revenue Column$371TotalRevenueColumnAmt
Exclusion$371ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$371OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$307,439TotalRevenueColumnAmt
Related Or Exempt Func Income$280,312RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$371ExclusionAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$1,177TotalAmt
Management And General$1,177ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$20,085TotalAmt
Management And General$20,085ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$13,968TotalAmt
Program Services$13,968ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$12,893TotalAmt
Management And General$12,893ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$657TotalAmt
Management And General$657ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$7,442TotalAmt
Program Services$2,955ProgramServicesAmt
Management And General$4,487ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$23,157TotalAmt
Program Services$20,285ProgramServicesAmt
Management And General$2,872ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
FACILITIES AND EQUIPMEN$106,243$104,921$1,322
VOLUNTEER EXPENSE$43,377$43,377
EVENT EXPENSES$30,296$30,296
TAXES, LICENSES & PERMI$4,644$4,644

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$15,335TotalAmt
Program Services$12,914ProgramServicesAmt
Management And General$2,421ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$279,274TotalAmt
Program Services$233,360ProgramServicesAmt
Management And General$45,914ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$61,460BOYAmt
EOY$95,889EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$61,460BOYAmt
EOY$95,889EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$61,460BOYAmt
EOY$95,889EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$61,460BOYAmt
EOY$95,889EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$61,460BOYAmt
EOY$95,889EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$28,165ReconcilationRevenueExpnssAmt
Prior Period Adjustments$6,264PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6THE CLUB HAS MEMBERS WHO RENEW MEMBERSHIP ANNUALLY
FORM 990, PART VI, SECTION A, LINE 7AOFFICERS HOLDING EXECUTIVE BOARD POSITIONS ARE ELECTED BY THE GENERAL MEMBERS ANNUALLY
FORM 990, PART VI, SECTION A, LINE 7BCOMPETITION RULE CHANGES ARE VOTED ON BY MEMBERS WHO HOLD VALID SOVREN RACE DRIVING MEDICAL CERTIFICATES ONLY
FORM 990, PART VI, SECTION B, LINE 11BFORM 990 IS PROVIDED TO EACH MEMBER OF THE BOARD OF DIRECTORS BEFORE FILING
FORM 990, PART VI, SECTION C, LINE 19DOCUMENTS ARE AVAILABLE UPON REQUEST

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