| Return Reference | Explanation |
|---|---|
| Form 990, page 1, Item C | Motor Bella, LLC; FED ID: 86-2676742 100% owned LLC, Disregarded entity |
| Form 990, Part VI, Section A, line 6 | There are total 171 stockholders |
| Form 990, Part VI, Section A, line 7a | Members elect officers and board of directors. |
| Form 990, Part VI, Section A, line 7b | Governing bodies decisions are subject to members approval. |
| Form 990, Part VI, Section B, line 11b | Copy of Form 990 provided to governing body for their review prior to submission to tax authorities. |
| Form 990, Part VI, Section B, line 15 | Governing body determines compensation of Executive Director - Line 15A. Governing body determines compensation of Controller - Line 15B. |
| Form 990, Part VI, Section C, line 19 | Retained at office for requested copies |
| Form 990, page 7,part VII | Employment contract, approval by board. |
| Form 990, Part IX, line 11g | Auto expense: Program service expenses 28,679. Management and general expenses 9,560. Fundraising expenses 0. Total expenses 38,239. Sponsorship expense: Program service expenses 137,705. Management and general expenses 45,902. Fundraising expenses 0. Total expenses 183,607. Catering expense: Program service expenses 100,947. Management and general expenses 33,649. Fundraising expenses 0. Total expenses 134,596. Meeting: Program service expenses 87,387. Management and general expenses 29,127. Fundraising expenses 0. Total expenses 116,514. Parking lots expense: Program service expenses 145,129. Management and general expenses 48,375. Fundraising expenses 0. Total expenses 193,504. Security expense: Program service expenses 237,638. Management and general expenses 79,212. Fundraising expenses 0. Total expenses 316,850. Track expense: Program service expenses 118,698. Management and general expenses 39,566. Fundraising expenses 0. Total expenses 158,264. M1 Concourse: Program service expenses 425,810. Management and general expenses 141,937. Fundraising expenses 0. Total expenses 567,747. Event: Program service expenses 182,670. Management and general expenses 60,890. Fundraising expenses 0. Total expenses 243,560. |
| Form 990, part IX, Line 24E | Return is being amended due to original return provided incorrect information. Page 1, line 8, Prior year contributions and grants increased by $8,000,000. Page 1, line 9, Prior year program revenue service decreased by $8,645,522. Page 1, line 12, Prior year total revenue decreased by $ $645,522. due to the changes to prior year contributions and prior year program revenue. Page 1, line 17, Prior year other expenses increased by $99,556. Page 1, line 18, Prior year total expenses increased by $99,556 due to the change in prior year other expenses. Page 1, line 19, Prior year revenue less expenses decreased by $745,078. Page 1, line 20, Prior year assests increased by $2. Page 1, line 22, Prior year Net assets or fund balances increased by $2. Sch C part III-B, line 2a, Current year updated from $0 to $41,667. Sch C part III-B, line 2c, Total updated from $0 to $41,667. Sch C part III-B, line 3, Aggregate amount reported in section 6033(e)(1)(A) notices of nondeductible section 162(e) dues updated from $0 to $41,667. Part XI page 12 line 4 - Net assets at beginning of year increase by $2 Part XI page 12 line 5 - Net unrealized gains (losses) on investments decrease by $2 Part III page 2 line 4a - Updated the Revenue number from $5,845,229 to $6,548,836. Deprec & amortization-bldg & improvements: 69,186, 23,062; property taxes: 79,068, 26,356; building repairs/maintenance: 51,891, 17,297; dues & subscriptions: 49,747, 16,582; deprec-MI garages: 51,128, 17,042; equipment rental: 37,445,12,483; depreciation-automobiles: 18,000, 6,000; janitorial services: 33,907, 11,303; gifts & donation: 123,371, 41,123; printing: 61,562, 20,520; annual golf tournament: 22,309, 7,437; couriers: 14,765, 4,920; bank service fees: 20,072, 6,690; holiday party: 32,650, 10,885; award expense: 39,327, 13,109; telephone: 24,867, 8,289; depreciation-computers: 4,307, 1,435; trash removal: 2,619, 874; postage & shipping: 5,928, 1,976; total 742,149, 247,383. |
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