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      </PensionPlanContributionsGrp>
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        <TotalAmt>21962</TotalAmt>
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      <PayrollTaxesGrp>
        <TotalAmt>133576</TotalAmt>
      </PayrollTaxesGrp>
      <FeesForServicesOtherGrp>
        <TotalAmt>446974</TotalAmt>
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      <AdvertisingGrp>
        <TotalAmt>616295</TotalAmt>
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      <OfficeExpensesGrp>
        <TotalAmt>241585</TotalAmt>
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      <InformationTechnologyGrp>
        <TotalAmt>295800</TotalAmt>
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      <OccupancyGrp>
        <TotalAmt>50919</TotalAmt>
      </OccupancyGrp>
      <TravelGrp>
        <TotalAmt>967907</TotalAmt>
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      <ConferencesMeetingsGrp>
        <TotalAmt>37005</TotalAmt>
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      <DepreciationDepletionGrp>
        <TotalAmt>67844</TotalAmt>
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      <InsuranceGrp>
        <TotalAmt>330960</TotalAmt>
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        <Desc>PRINTING</Desc>
        <TotalAmt>1552452</TotalAmt>
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      <OtherExpensesGrp>
        <Desc>EVENTS</Desc>
        <TotalAmt>1297086</TotalAmt>
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      <OtherExpensesGrp>
        <Desc>DISTRIBUTION</Desc>
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      <OtherExpensesGrp>
        <Desc>PARADE EXPENSES</Desc>
        <TotalAmt>783483</TotalAmt>
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        <EOYAmt>595077</EOYAmt>
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        <EOYAmt>1001917</EOYAmt>
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        <EOYAmt>1726</EOYAmt>
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        <EOYAmt>15202788</EOYAmt>
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      <OtherLiabilitiesGrp>
        <BOYAmt>4070758</BOYAmt>
        <EOYAmt>4754654</EOYAmt>
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      <TotalLiabilitiesGrp>
        <BOYAmt>6208562</BOYAmt>
        <EOYAmt>8270399</EOYAmt>
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      <OrganizationFollowsFASB117Ind>X</OrganizationFollowsFASB117Ind>
      <NoDonorRestrictionNetAssetsGrp>
        <BOYAmt>6340251</BOYAmt>
        <EOYAmt>6932389</EOYAmt>
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      <TotalNetAssetsFundBalanceGrp>
        <BOYAmt>6340251</BOYAmt>
        <EOYAmt>6932389</EOYAmt>
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      <TotLiabNetAssetsFundBalanceGrp>
        <BOYAmt>12548813</BOYAmt>
        <EOYAmt>15202788</EOYAmt>
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      <ReconcilationRevenueExpnssAmt>521412</ReconcilationRevenueExpnssAmt>
      <NetUnrlzdGainsLossesInvstAmt>70957</NetUnrlzdGainsLossesInvstAmt>
      <PriorPeriodAdjustmentsAmt>-231</PriorPeriodAdjustmentsAmt>
      <OtherChangesInNetAssetsAmt>0</OtherChangesInNetAssetsAmt>
      <InfoInScheduleOPartXIIInd>X</InfoInScheduleOPartXIIInd>
      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
      <AccountantCompileOrReviewInd>0</AccountantCompileOrReviewInd>
      <FSAuditedInd>1</FSAuditedInd>
      <FSAuditedBasisGrp>
        <SeparateBasisFinclStmtInd>X</SeparateBasisFinclStmtInd>
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    <IRS990ScheduleD documentId="RetDoc1040000001">
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        <BookValueAmt>235000</BookValueAmt>
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        <DepreciationAmt>424720</DepreciationAmt>
        <BookValueAmt>544754</BookValueAmt>
      </BuildingsGrp>
      <EquipmentGrp>
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        <DepreciationAmt>356947</DepreciationAmt>
        <BookValueAmt>222163</BookValueAmt>
      </EquipmentGrp>
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      <OtherLiabilitiesOrgGrp>
        <Desc>CONTRACT LIABILITY - MEMBERSHIP DUES</Desc>
        <Amt>3136270</Amt>
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      <OtherLiabilitiesOrgGrp>
        <Desc>REGIONAL ORGANIZATION DUES PAYABLE</Desc>
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      <OtherLiabilitiesOrgGrp>
        <Desc>CONTRACT LIABILITY - EVENTS</Desc>
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      <OtherLiabilitiesOrgGrp>
        <Desc>LEASE LIABILITY</Desc>
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      <TotalLiabilityAmt>4754654</TotalLiabilityAmt>
      <FootnoteTextInd>X</FootnoteTextInd>
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      <NetUnrealizedGainsInvstAmt>70957</NetUnrealizedGainsInvstAmt>
      <OtherRevenueAmt>2836594</OtherRevenueAmt>
      <RevenueNotReportedAmt>2907551</RevenueNotReportedAmt>
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      <RevenueNotReportedFinclStmtAmt>0</RevenueNotReportedFinclStmtAmt>
      <TotalRevenuePerForm990Amt>12978619</TotalRevenuePerForm990Amt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>PART X, LINE 2:</FormAndLineReferenceDesc>
        <ExplanationTxt>THE CLUB IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE (IRC), THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED FROM THE CODE. THE TAX EXEMPTION IS LIMITED TO MEMBERSHIP RECEIPTS AND PROGRAMS DEVELOPED FOR THE BENEFIT OF THE MEMBERS; THEREFORE, NO PROVISION HAS BEEN MADE FOR INCOME TAXES ON THOSE RECEIPTS. THE CLUB DOES PAY INCOME TAX ON TAXABLE INVESTMENT INCOME AND ADVERTISING INCOME; HOWEVER, NO PROVISION HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS DUE TO THE NET LOSS FROM THE UNRELATED BUSINESS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>PART XI, LINE 2D - OTHER ADJUSTMENTS:</FormAndLineReferenceDesc>
        <ExplanationTxt>COST OF SALES 189,454. RAFFLE EXPENSES 2,566,442. FUNDRAISING EXPENSE 80,698.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>PART XII, LINE 2D - OTHER ADJUSTMENTS:</FormAndLineReferenceDesc>
        <ExplanationTxt>COST OF SALES 189,454. RAFFLE EXPENSES 2,566,442. FUNDRAISING EXPENSE 80,698.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleD>
    <IRS990ScheduleF documentId="RetDoc1040500001">
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      <SubtotalEmployeesCnt>0</SubtotalEmployeesCnt>
      <ContinuationTotalOfficeCnt>0</ContinuationTotalOfficeCnt>
      <ContinuationTotalEmployeeCnt>0</ContinuationTotalEmployeeCnt>
      <TotalOfficeCnt>0</TotalOfficeCnt>
      <TotalEmployeeCnt>0</TotalEmployeeCnt>
      <SubtotalSpentAmt>0</SubtotalSpentAmt>
      <ContinuationSpentAmt>0</ContinuationSpentAmt>
      <TotalSpentAmt>0</TotalSpentAmt>
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        <RegionTxt>UPPER CANADA</RegionTxt>
        <PurposeOfGrantTxt>SURPLUS FUNDS</PurposeOfGrantTxt>
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        <MannerOfCashDisbursementTxt>WIRE</MannerOfCashDisbursementTxt>
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        <ValuationMethodUsedDesc>CASH</ValuationMethodUsedDesc>
      </GrantsToOrgOutsideUSGrp>
      <GrantsToOrgOutsideUSGrp>
        <RegionTxt>CANADA WEST</RegionTxt>
        <PurposeOfGrantTxt>SURPLUS FUNDS</PurposeOfGrantTxt>
        <CashGrantAmt>6336</CashGrantAmt>
        <MannerOfCashDisbursementTxt>WIRE</MannerOfCashDisbursementTxt>
        <NonCashAssistanceAmt>0</NonCashAssistanceAmt>
        <ValuationMethodUsedDesc>CASH</ValuationMethodUsedDesc>
      </GrantsToOrgOutsideUSGrp>
      <GrantsToOrgOutsideUSGrp>
        <RegionTxt>RENNSPORT</RegionTxt>
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        <MannerOfCashDisbursementTxt>WIRE</MannerOfCashDisbursementTxt>
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        <ValuationMethodUsedDesc>CASH</ValuationMethodUsedDesc>
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      <TransferToForeignCorpInd>0</TransferToForeignCorpInd>
      <InterestInForeignTrustInd>0</InterestInForeignTrustInd>
      <ForeignCorpOwnershipInd>0</ForeignCorpOwnershipInd>
      <PassiveForeignInvestmestCoInd>0</PassiveForeignInvestmestCoInd>
      <ForeignPartnershipInd>0</ForeignPartnershipInd>
      <BoycottCountriesInd>0</BoycottCountriesInd>
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    <IRS990ScheduleG documentId="RetDoc1041300001">
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        <GrossRevenueEvent1Amt>130000</GrossRevenueEvent1Amt>
        <NonCashPrizesEvent1Amt>80698</NonCashPrizesEvent1Amt>
        <GrossReceiptsTotalAmt>130000</GrossReceiptsTotalAmt>
        <GrossRevenueTotalEventsAmt>130000</GrossRevenueTotalEventsAmt>
        <NonCashPrizesTotalEventsAmt>80698</NonCashPrizesTotalEventsAmt>
        <DirectExpenseSummaryEventsAmt>80698</DirectExpenseSummaryEventsAmt>
        <NetIncomeSummaryAmt>49302</NetIncomeSummaryAmt>
      </FundraisingEventInformationGrp>
      <GamingInformationGrp>
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        <OthDirectExpnssOtherGamingAmt>311866</OthDirectExpnssOtherGamingAmt>
        <VolunteerLaborOtherGamingInd>0</VolunteerLaborOtherGamingInd>
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        <OthDirectExpnssTotalGamingAmt>311866</OthDirectExpnssTotalGamingAmt>
        <DirectExpenseSummaryGamingAmt>2566442</DirectExpenseSummaryGamingAmt>
        <NetGamingIncomeSummaryAmt>2545268</NetGamingIncomeSummaryAmt>
      </GamingInformationGrp>
      <StatesWhereGamingConductedCd>MD</StatesWhereGamingConductedCd>
      <LicensedInd>1</LicensedInd>
      <LicenseSuspendedEtcInd>0</LicenseSuspendedEtcInd>
      <GamingWithNonmembersInd>0</GamingWithNonmembersInd>
      <MemberOfOtherEntityInd>0</MemberOfOtherEntityInd>
      <GamingOwnFacilityPct>1.00000</GamingOwnFacilityPct>
      <IndividualWithBooksNm>E DENISE HOVINGTON</IndividualWithBooksNm>
      <PersonsWithBooksUSAddress>
        <AddressLine1Txt>9689 GERWIG LANE UNITE 4 C/D</AddressLine1Txt>
        <CityNm>COLUMBIA</CityNm>
        <StateAbbreviationCd>MD</StateAbbreviationCd>
        <ZIPCd>21045</ZIPCd>
      </PersonsWithBooksUSAddress>
      <CntrctWith3rdPrtyForGameRevInd>0</CntrctWith3rdPrtyForGameRevInd>
      <CharitableDistributionRqrInd>0</CharitableDistributionRqrInd>
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    <IRS990ScheduleI documentId="RetDoc1041900001">
      <GrantRecordsMaintainedInd>1</GrantRecordsMaintainedInd>
      <RecipientTable>
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          <BusinessNameLine1Txt>FOUNDERS' REGION POTOMAC PORSCHE CLUB OF AMERICA</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>4196 MERCHANT PLZ 223</AddressLine1Txt>
          <CityNm>WOODBRIDGE</CityNm>
          <StateAbbreviationCd>VA</StateAbbreviationCd>
          <ZIPCd>22192</ZIPCd>
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      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>MAVERICK REGION PORSCHE CLUB OF AMERICA</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>10409 REMINGTON LANE</AddressLine1Txt>
          <CityNm>DALLAS</CityNm>
          <StateAbbreviationCd>TX</StateAbbreviationCd>
          <ZIPCd>75229</ZIPCd>
        </USAddress>
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        <PurposeOfGrantTxt>SURPLUS FUNDS</PurposeOfGrantTxt>
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      <RecipientTable>
        <RecipientBusinessName>
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          <CityNm>MARIETTA</CityNm>
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      <RecipientTable>
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      <RecipientTable>
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      <RecipientTable>
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      <RecipientTable>
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        <USAddress>
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          <StateAbbreviationCd>NC</StateAbbreviationCd>
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        </USAddress>
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      <RecipientTable>
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        <USAddress>
          <AddressLine1Txt>31 INVERNESS ROAD</AddressLine1Txt>
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          <StateAbbreviationCd>NY</StateAbbreviationCd>
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        <PurposeOfGrantTxt>SURPLUS FUNDS</PurposeOfGrantTxt>
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      <RecipientTable>
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        </USAddress>
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      <RecipientTable>
        <RecipientBusinessName>
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      <RecipientTable>
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      <RecipientTable>
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          <BusinessNameLine1Txt>NORTHERN NJ REGION PORSCHE CLUB OF AMERICA</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>10 JOSEPH COURT</AddressLine1Txt>
          <CityNm>SPARTA</CityNm>
          <StateAbbreviationCd>NJ</StateAbbreviationCd>
          <ZIPCd>07871</ZIPCd>
        </USAddress>
        <RecipientEIN>222200176</RecipientEIN>
        <IRCSectionDesc>501(C)(7)</IRCSectionDesc>
        <CashGrantAmt>13710</CashGrantAmt>
        <NonCashAssistanceAmt>0</NonCashAssistanceAmt>
        <PurposeOfGrantTxt>SURPLUS FUNDS</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>SUNCOAST REGION PORSCHE CLUB OF AMERICA INC</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>14629 SEC HARBOR</AddressLine1Txt>
          <CityNm>LAKEWOOD RANCH</CityNm>
          <StateAbbreviationCd>FL</StateAbbreviationCd>
          <ZIPCd>34202</ZIPCd>
        </USAddress>
        <RecipientEIN>593481386</RecipientEIN>
        <IRCSectionDesc>501(C)(4)</IRCSectionDesc>
        <CashGrantAmt>13368</CashGrantAmt>
        <NonCashAssistanceAmt>0</NonCashAssistanceAmt>
        <PurposeOfGrantTxt>SURPLUS FUNDS</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>LONESTAR REGION PORSCHE CLUB OF AMERICA INC</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>PO BOX 66282</AddressLine1Txt>
          <CityNm>HOUSTON</CityNm>
          <StateAbbreviationCd>TX</StateAbbreviationCd>
          <ZIPCd>77266</ZIPCd>
        </USAddress>
        <RecipientEIN>746091005</RecipientEIN>
        <IRCSectionDesc>501(C)(7)</IRCSectionDesc>
        <CashGrantAmt>13044</CashGrantAmt>
        <NonCashAssistanceAmt>0</NonCashAssistanceAmt>
        <PurposeOfGrantTxt>SURPLUS FUNDS</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>PORSCHE CLUB OF AMERICA SAN DIEGO REGION</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>12075 CARMEL MOUNTAIN RD</AddressLine1Txt>
          <CityNm>SAN DIEGO</CityNm>
          <StateAbbreviationCd>CA</StateAbbreviationCd>
          <ZIPCd>92128</ZIPCd>
        </USAddress>
        <RecipientEIN>330412204</RecipientEIN>
        <IRCSectionDesc>501(C)(7)</IRCSectionDesc>
        <CashGrantAmt>12714</CashGrantAmt>
        <NonCashAssistanceAmt>0</NonCashAssistanceAmt>
        <PurposeOfGrantTxt>SURPLUS FUNDS</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>PORSCHE CLUB OF AMERICA LOS ANGELES REGION</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>PO BOX 152</AddressLine1Txt>
          <CityNm>SANTA MONICA</CityNm>
          <StateAbbreviationCd>CA</StateAbbreviationCd>
          <ZIPCd>90401</ZIPCd>
        </USAddress>
        <RecipientEIN>956112674</RecipientEIN>
        <IRCSectionDesc>501(C)(7)</IRCSectionDesc>
        <CashGrantAmt>12300</CashGrantAmt>
        <NonCashAssistanceAmt>0</NonCashAssistanceAmt>
        <PurposeOfGrantTxt>SURPLUS FUNDS</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>RIESENTOTER REGION PORSCHE CLUB OF AMERICA</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>1735 MARKET A-247</AddressLine1Txt>
          <CityNm>PHILADELPHIA</CityNm>
          <StateAbbreviationCd>PA</StateAbbreviationCd>
          <ZIPCd>19103</ZIPCd>
        </USAddress>
        <RecipientEIN>202974476</RecipientEIN>
        <IRCSectionDesc>501(C)(4)</IRCSectionDesc>
        <CashGrantAmt>11838</CashGrantAmt>
        <NonCashAssistanceAmt>0</NonCashAssistanceAmt>
        <PurposeOfGrantTxt>SURPLUS FUNDS</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>PORSCHE CLUB OF AMERICA ORANGE COAST REGION</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>1217 BUENA VISTA STREET</AddressLine1Txt>
          <CityNm>DUARTE</CityNm>
          <StateAbbreviationCd>CA</StateAbbreviationCd>
          <ZIPCd>91010</ZIPCd>
        </USAddress>
        <RecipientEIN>330146003</RecipientEIN>
        <IRCSectionDesc>501(C)(7)</IRCSectionDesc>
        <CashGrantAmt>11802</CashGrantAmt>
        <NonCashAssistanceAmt>0</NonCashAssistanceAmt>
        <PurposeOfGrantTxt>SURPLUS FUNDS</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>PORSCHE CLUB OF AMERICA ARIZONA REGION INC</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>10925 E LAUREL LN</AddressLine1Txt>
          <CityNm>SCOTTSDALE</CityNm>
          <StateAbbreviationCd>AZ</StateAbbreviationCd>
          <ZIPCd>85259</ZIPCd>
        </USAddress>
        <RecipientEIN>860877550</RecipientEIN>
        <IRCSectionDesc>501(C)(7)</IRCSectionDesc>
        <CashGrantAmt>10662</CashGrantAmt>
        <NonCashAssistanceAmt>0</NonCashAssistanceAmt>
        <PurposeOfGrantTxt>SURPLUS FUNDS</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>HILL COUNTRY REGION PORSCHE CLUB OF AMERICA INCORPORATED</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>1034 COVERED BRIDGE DR</AddressLine1Txt>
          <CityNm>DRIFTWOOD</CityNm>
          <StateAbbreviationCd>TX</StateAbbreviationCd>
          <ZIPCd>78619</ZIPCd>
        </USAddress>
        <RecipientEIN>742062483</RecipientEIN>
        <IRCSectionDesc>501(C)(7)</IRCSectionDesc>
        <CashGrantAmt>9738</CashGrantAmt>
        <NonCashAssistanceAmt>0</NonCashAssistanceAmt>
        <PurposeOfGrantTxt>SURPLUS FUNDS</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>PORSCHE CLUB OF AMERICA DIABLO REGION</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>PO BOX 1676</AddressLine1Txt>
          <CityNm>SAN RAMON</CityNm>
          <StateAbbreviationCd>CA</StateAbbreviationCd>
          <ZIPCd>94583</ZIPCd>
        </USAddress>
        <RecipientEIN>900330851</RecipientEIN>
        <IRCSectionDesc>501(C)(7)</IRCSectionDesc>
        <CashGrantAmt>8916</CashGrantAmt>
        <NonCashAssistanceAmt>0</NonCashAssistanceAmt>
        <PurposeOfGrantTxt>SURPLUS FUNDS</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>OHIO VALLEY REGION PCA INC</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>5412 WHISPERING BROOK CT</AddressLine1Txt>
          <CityNm>HAMILTON</CityNm>
          <StateAbbreviationCd>OH</StateAbbreviationCd>
          <ZIPCd>45011</ZIPCd>
        </USAddress>
        <RecipientEIN>311101957</RecipientEIN>
        <IRCSectionDesc>501(C)(4)</IRCSectionDesc>
        <CashGrantAmt>7944</CashGrantAmt>
        <NonCashAssistanceAmt>0</NonCashAssistanceAmt>
        <PurposeOfGrantTxt>SURPLUS FUNDS</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>CHESAPEAKE REGION PORSCHE CLUB OF AMERICA INC</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>PO BOX 741</AddressLine1Txt>
          <CityNm>GAMBRILLS</CityNm>
          <StateAbbreviationCd>MD</StateAbbreviationCd>
          <ZIPCd>21054</ZIPCd>
        </USAddress>
        <RecipientEIN>521595925</RecipientEIN>
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        <CashGrantAmt>7896</CashGrantAmt>
        <NonCashAssistanceAmt>0</NonCashAssistanceAmt>
        <PurposeOfGrantTxt>SURPLUS FUNDS</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>PORSCHE CLUB AMERICA-OREGON REGION</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>PO BOX 281</AddressLine1Txt>
          <CityNm>LAKE OSWEGO</CityNm>
          <StateAbbreviationCd>OR</StateAbbreviationCd>
          <ZIPCd>97034</ZIPCd>
        </USAddress>
        <RecipientEIN>930599455</RecipientEIN>
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        <CashGrantAmt>7704</CashGrantAmt>
        <NonCashAssistanceAmt>0</NonCashAssistanceAmt>
        <PurposeOfGrantTxt>SURPLUS FUNDS</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>SPACE COAST REGION OF THE PORSCHE CLUB OF AMERICA INC</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>PO BOX 372724</AddressLine1Txt>
          <CityNm>SATELLITE BEACH</CityNm>
          <StateAbbreviationCd>FL</StateAbbreviationCd>
          <ZIPCd>32926</ZIPCd>
        </USAddress>
        <RecipientEIN>592683714</RecipientEIN>
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        <CashGrantAmt>7530</CashGrantAmt>
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        <PurposeOfGrantTxt>SURPLUS FUNDS</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>HURRICANE REGION-PORSCHE CLUB OF AMERICA</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>3064 WAKE FOREST ROAD SUITE 1226</AddressLine1Txt>
          <CityNm>RALEIGH</CityNm>
          <StateAbbreviationCd>NC</StateAbbreviationCd>
          <ZIPCd>27609</ZIPCd>
        </USAddress>
        <RecipientEIN>561926153</RecipientEIN>
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        <CashGrantAmt>7512</CashGrantAmt>
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        <PurposeOfGrantTxt>SURPLUS FUNDS</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>EVERGLADES REGION PORSCHE CLUB OF AMERICA INC</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>20047 MARKWARD XING</AddressLine1Txt>
          <CityNm>ESTERO</CityNm>
          <StateAbbreviationCd>FL</StateAbbreviationCd>
          <ZIPCd>33928</ZIPCd>
        </USAddress>
        <RecipientEIN>593482813</RecipientEIN>
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        <CashGrantAmt>7290</CashGrantAmt>
        <NonCashAssistanceAmt>0</NonCashAssistanceAmt>
        <PurposeOfGrantTxt>SURPLUS FUNDS</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>NORD STERN REGION OF PORSCHE CLUB OF AMERICA</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>3800 AMERICAN BOULEVARD WEST 1500</AddressLine1Txt>
          <CityNm>BLOOMINGTON</CityNm>
          <StateAbbreviationCd>MN</StateAbbreviationCd>
          <ZIPCd>55431</ZIPCd>
        </USAddress>
        <RecipientEIN>411827550</RecipientEIN>
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        <CashGrantAmt>6792</CashGrantAmt>
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        <PurposeOfGrantTxt>SURPLUS FUNDS</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>FLORIDA CROWN REGION PORSCHE CLUB OF AMERICA INC</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>1144 DOVER DRIVE</AddressLine1Txt>
          <CityNm>ST JOHNS</CityNm>
          <StateAbbreviationCd>FL</StateAbbreviationCd>
          <ZIPCd>32259</ZIPCd>
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        <RecipientEIN>592895725</RecipientEIN>
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        <PurposeOfGrantTxt>SURPLUS FUNDS</PurposeOfGrantTxt>
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      <RecipientTable>
        <RecipientBusinessName>
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        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>PO BOX 5923</AddressLine1Txt>
          <CityNm>WINTER PARK</CityNm>
          <StateAbbreviationCd>FL</StateAbbreviationCd>
          <ZIPCd>32793</ZIPCd>
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        <RecipientEIN>592199317</RecipientEIN>
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        <CashGrantAmt>6552</CashGrantAmt>
        <NonCashAssistanceAmt>0</NonCashAssistanceAmt>
        <PurposeOfGrantTxt>SURPLUS FUNDS</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>PORSCHE CLUB OF AMERICA SACRAMENTO VALLEY REGION</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>PO BOX 254651</AddressLine1Txt>
          <CityNm>SACREMENTO</CityNm>
          <StateAbbreviationCd>CA</StateAbbreviationCd>
          <ZIPCd>958654651</ZIPCd>
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        <RecipientEIN>942821850</RecipientEIN>
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        <PurposeOfGrantTxt>SURPLUS FUNDS</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>FIRST SETTLERS REGION PORSCHE CLUB OF AMERICA INC</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>2505 HORSE PASTURE RD STE 102</AddressLine1Txt>
          <CityNm>VIRGINIA BEACH</CityNm>
          <StateAbbreviationCd>VA</StateAbbreviationCd>
          <ZIPCd>23453</ZIPCd>
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        <RecipientEIN>541661341</RecipientEIN>
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        <CashGrantAmt>5646</CashGrantAmt>
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      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>PORSCHE CLUB OF AMERICA-ALLEGHENY REGION</BusinessNameLine1Txt>
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          <CityNm>ALLISON PARK</CityNm>
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      <RecipientTable>
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          <CityNm>VENTURA</CityNm>
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      <RecipientTable>
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          <CityNm>AVON</CityNm>
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      <RecipientTable>
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          <StateAbbreviationCd>MO</StateAbbreviationCd>
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        <RecipientEIN>431095332</RecipientEIN>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>PART I, LINE 2:</FormAndLineReferenceDesc>
        <ExplanationTxt>SURPLUS FUNDS ARE DISTRIBUTED BASED ON THE NUMBER OF MEMBERS IN THE REGION.</ExplanationTxt>
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        <OtherCompensationRltdOrgsAmt>0</OtherCompensationRltdOrgsAmt>
        <DeferredCompensationFlngOrgAmt>4079</DeferredCompensationFlngOrgAmt>
        <DeferredCompRltdOrgsAmt>0</DeferredCompRltdOrgsAmt>
        <NontaxableBenefitsFilingOrgAmt>0</NontaxableBenefitsFilingOrgAmt>
        <NontaxableBenefitsRltdOrgsAmt>0</NontaxableBenefitsRltdOrgsAmt>
        <TotalCompensationFilingOrgAmt>160205</TotalCompensationFilingOrgAmt>
        <TotalCompensationRltdOrgsAmt>0</TotalCompensationRltdOrgsAmt>
        <CompReportPrior990FilingOrgAmt>0</CompReportPrior990FilingOrgAmt>
        <CompReportPrior990RltdOrgsAmt>0</CompReportPrior990RltdOrgsAmt>
      </RltdOrgOfficerTrstKeyEmplGrp>
    </IRS990ScheduleJ>
    <IRS990ScheduleL documentId="RetDoc1042800001">
      <BusTrInvolveInterestedPrsnGrp>
        <NameOfInterested>
          <BusinessName>
            <BusinessNameLine1Txt>B-LINE EXPRESS</BusinessNameLine1Txt>
          </BusinessName>
        </NameOfInterested>
        <RelationshipDescriptionTxt>OWNED BY UNCLE OF EXECUTIVE DIRECTOR</RelationshipDescriptionTxt>
        <TransactionAmt>334983</TransactionAmt>
        <TransactionDesc>IT VENDOR SERVICES</TransactionDesc>
        <SharingOfRevenuesInd>0</SharingOfRevenuesInd>
      </BusTrInvolveInterestedPrsnGrp>
    </IRS990ScheduleL>
    <IRS990ScheduleO documentId="RetDoc1044400001">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION A, LINE 6</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION HAS NUMEROUS MEMBERS WHO HAVE ATTAINED THIS STATUS THROUGH THE PAYMENT OF MEMBERSHIP DUES TO THE ORGANIZATION.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION A, LINE 7A</FormAndLineReferenceDesc>
        <ExplanationTxt>AN ELECTION IS HELD EVERY 2 YEARS TO ELECT THE EXECUTIVE COUNCIL - PRESIDENT, VICE PRESIDENT, SECRETARY, AND TREASURER.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION A, LINE 7B</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION'S BYLAWS PROVIDE FOR GENERAL AND FISCAL OVERSIGHT OF THE GOVERNING BODY (THE EXECUTIVE COUNCIL) BY THE BOARD OF DIRECTORS, WHICH CONSISTS OF THE PRESIDENTS OF INDIVIDUAL REGIONS (147), STANDING COMMITTEE CHAIRMEN, AND ELECTED OFFICERS. THIS LARGER GROUP IS CHARGED WITH "DETERMINING ALL MATTERS OF CLUB POLICY AND INSURING "THE PROPER CONDUCT OF THE ADMINISTRATIVE AFFAIRS OF THE CLUB BY THE EXECUTIVE COUNCIL, THE FULFILMENT OF DUTIES BY THE OFFICERS, AND COMPLIANCE WITH THESE BYLAWS." ADDITIONALY, UNUSUALLY LARGE EXPENDITURES REQUIRE BOARD OF DIRECTORS APPROVAL.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>PRIOR TO FILING THE TAX RETURN, THE 990 IS REVIEWD AND APPROVED BY THE TREASURER, THE EXECUTIVE COUNCIL, AND THE INTERNAL AUDIT COMMITTEE.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>BOARD MEMBERS ARE ASKED TO ROUTINELY VERIFY THAT THEY ARE AWARE OF NO CONFLICTS OF INTEREST. ALL DIRECTORS AND OFFICERS ARE REQUIRED TO DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICTS. THE BOARD MEMBERS ARE REQUIRED TO RECUSE THEMSELVES FROM VOTE WHERE AN ACTUAL AND/OR PERCEIVED CONFLICT COULD EXIST.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 15</FormAndLineReferenceDesc>
        <ExplanationTxt>THE EXECUTIVE COUNCIL MEET ANNUALLY TO REVIEW COMPENSATION AND PERFORMANCE EVALUATIONS FOR EACH EMPLOYEE. THE PROCESS INCLUDES JOB DESCRIPTIONS, COMPARABLE DATA, CONTEMPORANEOUS SUBSTANTIATION AND THE BOARD'S COLLABORATION OF SKILLS. RECOMMENDATIONS ARE INCLUDED IN THE ANNUAL BUDGET WHICH IS APPROVED BY THE EXECUTIVE COUNCIL AND DOCUMENTED IN THE ORGANIZATION RECORDS. THE EXECUTIVE COUNCIL MEMBERS THAT VOTE ARE INDEPENDENT.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION C, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. ADDITIONALLY, THE FINANCIAL STATEMENTS ARE PUBLISHED TWICE A YEAR IN THE ORGANIZATION'S MAGAZINE.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART IX, LINE 24E</FormAndLineReferenceDesc>
        <ExplanationTxt>BANK FEES 416,962. REGION SUBSIDIES 390,723. CLUBSPORT EXPENSES 298,205. PANORAMA EXPENSES 271,846. MEMBERSHIP INITIATIVES 154,666. TAXES &amp; LICENSES 47,320.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART XII, LINE 2C:</FormAndLineReferenceDesc>
        <ExplanationTxt>THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>990 PAGE 1, LINE 6 TOTAL NUMBER OF VOLUNTEERS</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ESTIMATE OF VOLUNTEERS SUPPORTING PORSCHE CLUB OF AMERICA OPERATIONS INCLUDE EXECUTIVE COUNCIL, REGION PRESIDENTS, ZONE REPRESENTATIVES, COMMITTEE CHAIRPERSONS AND SUPPORTING MEMBERS.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
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</Return>