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Cortez Racing Association

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 010778616 ✦ San diego, CA ✦ Designated as a 501(c)(3)

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Overview

What is Cortez Racing Association?

The Cortez Racing Association is a nonprofit organization dedicated to promoting Corinthian Sailboat Racing and fostering wider participation. They achieve this by organizing and managing numerous yacht races, with a total of 12 weekend regattas annually, inviting both members and non-members. Over 1,000 sailors engage in these events throughout the year, demonstrating the organization's broad reach. Furthermore, Cortez Racing Association manages an annual Beer Can Series, consisting of 10 weekly races held each Wednesday during the summer, attracting approximately 125 sailboats and an average crew of six individuals. This series is a highlight of their activities, contributing to the excitement and camaraderie within the sailing community.


Official website here: www.cortezracing.com

Is Cortez Racing Association legitimate?

Cortez Racing Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cortez Racing Association submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Official website here: www.cortezracing.com

What is the mission statement of Cortez Racing Association?

The Cortez Racing Association is dedicated to fostering Corinthian Sailboat Racing and expanding participation by coordinating and overseeing various yacht competitions. They achieve this by organizing and managing a series of weekend regattas, which are open to both association members and non-members, attracting over 1,000 sailors annually. Furthermore, the association manages an annual Beer Can Series comprising 10 weekly races every Wednesday night during the summer season. This series features approximately 125 sailboats, each with an average crew of six participants. The association's efforts aim to promote and broaden the participation in sailboat racing, providing an engaging and inclusive environment for sailors of all backgrounds.


Official website here: www.cortezracing.com

Who is the CEO of Cortez Racing Association?

Shelly Raming is the Treasurer of Cortez Racing Association.


Official website here: www.cortezracing.com

What is the revenue of Cortez Racing Association?

Cortez Racing Association's revenue in 2022 was $183,480.


Official website here: www.cortezracing.com

Who are the executives of Cortez Racing Association and what are their salaries?


Here are 11 key members and their salaries:


Rich Chambers (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chuck Bowers (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Sorensen (Rear Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shelly Raming (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dale Greaney (Fleet Captain)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colleen Cooke (Race Committee Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynsi Gibbons (Membership Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Renee Hirsh (Director At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Schrager (Director At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Gardner (Phrf Representative)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susi Graff (Jr. Staff Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cortezracing.com

Where can I find the form 990EZ for Cortez Racing Association?

Cortez Racing Association's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.cortezracing.com

Learn more at the official website: www.cortezracing.com

Mission Statement of Cortez Racing Association

The Cortez Racing Association, a notable entity in the realm of Corinthian Sailboat Racing, is committed to promoting and expanding participation in this nautical pursuit. They achieve this objective by meticulously organizing and managing a series of yacht races throughout the year. These events, which number a total of twelve weekend regattas, are open to both association members and non-members, attracting over 1,000 sailors.

Beyond these weekend regattas, the Cortez Racing Association also manages an annual Beer Can Series. This series comprises ten weekly races held every Wednesday night during the summer, drawing a substantial fleet of 125 sailboats. Each sailboat is typically crewed by six individuals, contributing to a vibrant and lively atmosphere during these events. The association's dedication to organizing and managing these races underscores its mission to broaden participation in Corinthian Sailboat Racing.

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Impact




October, 2024

Cortez Racing Association significantly enriches the sailing community in San Diego by promoting Corinthian sailboat racing and fostering broader participation in the sport. By organizing and managing a total of 12 weekend regattas, the association facilitates competition and camaraderie among over 1,000 sailors each year, welcoming both members and non-members.

Their annual Beer Can Series adds an exciting dimension to sailing, featuring 10 weekly races every summer Wednesday night, with around 125 sailboats participating and an average crew size of six. This initiative not only provides a platform for competitive racing but also enhances social interaction among sailors, contributing to a vibrant maritime culture. Overall, the Cortez Racing Association plays a pivotal role in strengthening the sailing community, encouraging skill development, and promoting recreational sailing awareness in the region.




This information is meant to be a general summary of Cortez Racing Association. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$183,480 (2022)
Expenses
$56,528 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $22,815
  • Gross Receipts: $183,480

Assets and Liabilities:

  • Total Assets: $143,107
  • Total Liabilities: $0
  • Net Assets: $143,107

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Organization Details

Principal Officer

Shelly Raming

Main Address

2907 SHELTER ISLAND DRIVE STE 105-5, San Diego, CA, 92106

NTEE Category

Code: N70 - Recreation

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