Cadillac & Lasalle Club Inc

Nonprofit profile at a glance

EIN
382381166
IRS 990 coverage
2016–2024
Forms available
Form 990 2024, Form 990-N 2017
Location
North Potomac, MD, USA
Phone
3013305417
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$314,776
Expenses
$333,731
Assets
$582,931
Liabilities
$35,015

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

42 people listed

Executive titles in this filing

  • RONNIE HUX (PRESIDENT)
  • BARRY WHEELER (PAST PRESIDENT)
  • ALAN HAAS (PAST PRESIDENT)
  • RICHARD SILLS (PAST PRESIDENT)
  • BILL EDMUNDS (PAST PRESIDENT)
  • LARS KNELLER (PAST PRESIDENT)

People named in this filing

  • RONNIE HUX (PRESIDENT)
  • JACK MCCLOW (TREASURER)
  • JEFF PAPCIAK (SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The cadillac automobile is generally recognized as one of the greatest marques in the united states, and indeed, in the world. Its history dates back to 1902, making it one of the oldest survivng automotive marques as well. The lasalle was a companion car produced by cadillac from 1927 through 1940. The cadillac & lasalle club museum & research center, inc. (clcmrc) was created in 1995 for the purpose of preserving the history of cadillac and lasalle automobiles, including the pioneers of industry who contributed to their development; educating the general public about the history of these distinguished marques; and serving as a repository of information relating to cadillacs and lasalles and their history, in order to provide technical information and assistance to persons interested in these cars, both now and in the future. Members of the public who will have interest in this subject matter include educators, historians, antique automobile hobbyists and collectors around the world

What it reported doing in 2024

The self-starter is the official, international publication of the cadillac and lasalle club, which was established in 1958. The publication, for a brief time, was a simple newsletter, but eventually evolved into a magazine format as the club grew. With the exception of a few early issues, the name has always been "the self-starter" in reference to the first car, a 1912 cadillac, to have this device which eliminated the need for crank starting. Among the stated purposes of the club is "... To develop and exchange information pertaining to cadillacs and lasalles: to maintain reference materials and other historical information relating to cadillacs and lasalles; and to promote social fellowship among the club members." the magazine has diligently followed these guidelines, evolving to its current state - a respected publication received by 6,000+ members worldwide; for many recipients, the self-starter is their only link to the club. The educational aspect of the self-starter is paramount. The subject, and consequent activities, stem from a car (cadillac) first built in 1902, and a companion car (lasalle) produced from 1927 through 1940. The education of both members and in outreach to nonmembers is another key aspect of the magazine's raison d'etre. "old cars weekly" is a prominent publication in the world car hobbyist publications. Each year, it awards a "golden quill" to the magazine/editor for outstanding journalistic effort in this field of interest. The self-starter has won this award for the past consecutive 20 years, and as recently as 2021 won the highest grade of this award, putting the publication amongst the highest of its peer group. The magazine publishes approximately seven 36-page issues and four 40-page issues per year. It is ably manned by a staff of professionals. The club has more than adequate resources to fund the printing through dues and incremental fees from advertising. The self-starter has a history of success in its mission with no sign on the horizon of this being diminshed or diluted.

Operating model

Revenue model
Membership-supported. 72% of the money available for current operations came from membership dues.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 72
  • Transparency & Controls: 90
  • Accountability: 88
  • Sustainability: 41
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 83.3%; rating input score 83
  • Program expense ratio: 77.4%; rating input score 77
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -6%; rating input score 28; 28th percentile among comparable filings
  • Total-asset coverage ratio: 1.75; rating input score 56; 56th percentile among comparable filings
  • Liabilities to assets ratio: 0.06; rating input score 31; 31st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -1.9% per year; rating input score 0; 17th percentile among comparable filings
  • Asset growth: 2.6% per year; rating input score 100; 36th percentile among comparable filings

Details

  • Where the money goes: 83.3% of revenue deployed · 77.4% of spending went to programs
  • Governance: 42 of 42 board members independent · 5 of 7 filing controls reported
  • Programs: 4 filed program accomplishments · $258K in reported program spending
  • Leadership: top reported pay $0 · 42 people listed
  • Consistency: 15 of 15 current checks pass
  • Schedules: 5 filed schedules
  • Filing history: 9 filing years from 2016 to 2024
  • Contacts: How to reach this organization
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 28/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Review — Sustainability: Total-asset coverage ratio scored 56/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 31/100.