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Nonprofit · EIN 58-1346828

MUSTANG CLUB OF AMERICA INC

Tax-exempt · SUWANEE, GA 30024

Financials

$1.2M$1.1M2023$1.2M$1.3M2024
Revenue Expenses · by fiscal year end
Financials of MUSTANG CLUB OF AMERICA INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,178,164$1,316,215-$138,051$1,193,877$111$1,193,766
December 31, 2023990$1,157,527$1,053,613$103,914$1,331,877$60$1,331,817
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$764,419
Membership dues
$611,806
Program service revenue
$2,515
Investment income
$35,046
Net income from fundraising events
$223,363
Net income from sales of inventory
$95,949
Other revenue
$376,184

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$10,510
Program services (functional)
$816,213
Management and general (functional)
$500,002

Balance sheet and other

Total assets, start of year
$1,331,877
Total assets, end of year
$1,193,877
Total liabilities, end of year
$111
Net assets, end of year
$1,193,766
Net assets without donor restrictions
$1,193,766
Gross unrelated business income
$152,821
Gross receipts
$1,234,605
Employees
0
Year formed
1996
State of legal domicile
GA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
STEPHEN PREWITTPAST PRESIDE
Trustee or director, Officer
1$0
CHRIS PONDERVICE PRESIDE
Trustee or director, Officer
1$0
JAMES KEENANSECRETARY
Trustee or director, Officer
1$0
AL HAMMONDSTREASURER
Trustee or director, Officer
1$0
JEFF MAYSPRESIDENT
Trustee or director, Officer
1$0
MIKE ANCHORDIRECTOR
Trustee or director
1$0
DONNA ARENDSDIRECTOR
Trustee or director
1$0
JIMMY AUSTINDIRECTOR
Trustee or director
1$0
DON BLACKSTOCKDIRECTOR
Trustee or director
1$0
PATSY BROWNDIRECTOR
Trustee or director
1$0
DEAN CORPMANDIRECTOR
Trustee or director
1$0
PEGGY CORPMANDIRECTOR
Trustee or director
1$0
JOHN DETTORIDIRECTOR
Trustee or director
1$0
TIM HAHNDIRECTOR
Trustee or director
1$0
BILLY HENSONDIRECTOR
Trustee or director
1$0
13 more people on this return
NameTitleHours / weekCompensation
ED HOCKADAYDIRECTOR
Trustee or director
1$0
PAUL JONESDIRECTOR
Trustee or director
1$0
FRANK MORALESDIRECTOR
Trustee or director
1$0
ROBIN PAULSELLDIRECTOR
Trustee or director
1$0
JOY STEGNERDIRECTOR
Trustee or director
1$0
TRACY TEMPLERDIRECTOR
Trustee or director
1$0
JOHN TRSARDIRECTOR
Trustee or director
1$0
ERIC TUCKERDIRECTOR
Trustee or director
1$0
CHRIS WADDLEDIRECTOR
Trustee or director
1$0
JP WEBERDIRECTOR
Trustee or director
1$0
RANDY WELDONDIRECTOR
Trustee or director
1$0
RENEE WIEDERSPAHNDIRECTOR
Trustee or director
1$0
JEFF YERGOVICHDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 28 people
NameTitleHours / weekCompensation
STEPHEN PREWITTPAST PRESIDE
Trustee or director, Officer
1$0
CHRIS PONDERVICE PRESIDE
Trustee or director, Officer
1$0
JAMES KEENANSECRETARY
Trustee or director, Officer
1$0
AL HAMMONDSTREASURER
Trustee or director, Officer
1$0
JEFF MAYSPRESIDENT
Trustee or director, Officer
1$0
MIKE ANCHORDIRECTOR
Trustee or director
1$0
DONNA ARENDSDIRECTOR
Trustee or director
1$0
JIMMY AUSTINDIRECTOR
Trustee or director
1$0
DON BLACKSTOCKDIRECTOR
Trustee or director
1$0
PATSY BROWNDIRECTOR
Trustee or director
1$0
DEAN CORPMANDIRECTOR
Trustee or director
1$0
PEGGY CORPMANDIRECTOR
Trustee or director
1$0
JOHN DETTORIDIRECTOR
Trustee or director
1$0
TIM HAHNDIRECTOR
Trustee or director
1$0
BILLY HENSONDIRECTOR
Trustee or director
1$0
ED HOCKADAYDIRECTOR
Trustee or director
1$0
PAUL JONESDIRECTOR
Trustee or director
1$0
FRANK MORALESDIRECTOR
Trustee or director
1$0
ROBIN PAULSELLDIRECTOR
Trustee or director
1$0
JOY STEGNERDIRECTOR
Trustee or director
1$0
TRACY TEMPLERDIRECTOR
Trustee or director
1$0
JOHN TRSARDIRECTOR
Trustee or director
1$0
ERIC TUCKERDIRECTOR
Trustee or director
1$0
CHRIS WADDLEDIRECTOR
Trustee or director
1$0
JP WEBERDIRECTOR
Trustee or director
1$0
RANDY WELDONDIRECTOR
Trustee or director
1$0
RENEE WIEDERSPAHNDIRECTOR
Trustee or director
1$0
JEFF YERGOVICHDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
PO BOX 3973, SUWANEE, GA 30024-0091
Principal officer (990 for 2024)
JEFF MAYS, 2610 HIGHBROOKE TRAIL, DULUTH, GA 30097
Signed the 990
JEFF MAYS, PRESIDENT
Phone
(850) 438-0626
Return prepared by
WHALEY HAMMONDS PC

Mission

TO ENCOURAGE THE ENJOYMENT, MAINTAIN THE PRESERVATION, AND ENHANCE THE GENERAL KNOWLEDGE OF FORD MUSTANGS BEGINNING WITH THE INITIAL MODELS MANUFACTURED IN CALENDAR YEAR 1964 UP TO AND INCLUDING CURRENT YEAR MODELS

990 for the year ended December 31, 2024

Program accomplishments

  • PREPARATION AND DISTRIBUTION OF MAGAZINES AND OTHER PRINTED INFORMATION TO MEMBERS.
    Expenses $212,303 · revenue $58,225
  • ORGANIZING AND OPERATING MUSTANG CAR SHOWS.
    Expenses $603,910 · revenue $219,663

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
58-1346828
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1984
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,193,877
Income (IRS master file)
$1,234,605

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,178,164$1,316,215$1,193,877XML
990December 2023$1,157,527$1,053,613$1,331,877XML
990December 2022$867,864$915,580$1,227,988IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 58-1346828).

Questions about MUSTANG CLUB OF AMERICA INC

What is the EIN of MUSTANG CLUB OF AMERICA INC?
The employer identification number (EIN) of MUSTANG CLUB OF AMERICA INC is 58-1346828.
Is MUSTANG CLUB OF AMERICA INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1984.
Are donations to MUSTANG CLUB OF AMERICA INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does MUSTANG CLUB OF AMERICA INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MUSTANG CLUB OF AMERICA INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MUSTANG CLUB OF AMERICA INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of MUSTANG CLUB OF AMERICA INC?
The 990 for the year ended December 31, 2024 names JEFF MAYS.
Who are the officers and directors of MUSTANG CLUB OF AMERICA INC?
The 990 for the year ended December 31, 2024 lists 28 people; 0 received compensation from the organization.
How much revenue does MUSTANG CLUB OF AMERICA INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,178,164, expenses of $1,316,215 and total assets of $1,193,877 at year end.

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