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Racing Unlimited Inc

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

EIN: 020543043 ✦ Garden city, ID ✦ Designated as a 501(c)(3)

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Overview

What is Racing Unlimited Inc?

Racing Unlimited Inc is a nonprofit organization that specializes in organizing running races as a means to accumulate funds for charitable purposes. Their primary mission involves raising money through these races, which they achieve by organizing various events. The collected funds are subsequently granted to charities to support their causes. In essence, Racing Unlimited Inc serves as a platform for philanthropy, using the energy and enthusiasm of runners to make a positive impact in the community.


Official website here: www.sawtoothrelay.com zhalfmarathon.com

Is Racing Unlimited Inc legitimate?

Racing Unlimited Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Racing Unlimited Inc 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.sawtoothrelay.com zhalfmarathon.com

What is the mission statement of Racing Unlimited Inc?

Racing Unlimited Inc's primary mission is centered around organizing running races as a means to collect funds for charitable purposes. They utilize racing events to generate grants, thereby channeling the raised funds towards charitable causes. The organization is actively involved in organizing various races for this noble purpose.


Official website here: www.sawtoothrelay.com zhalfmarathon.com

What is the revenue of Racing Unlimited Inc?

Racing Unlimited Inc's revenue in 2021 was $11,678.


Official website here: www.sawtoothrelay.com zhalfmarathon.com

Who are the executives of Racing Unlimited Inc and what are their salaries?

Here are 5 key members and their salaries:


Terry Hoebelheinrich (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Hoebelheinrich (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia Andrews (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Rivera (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Jane Favazza (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sawtoothrelay.com zhalfmarathon.com

Where can I find the form 990EZ for Racing Unlimited Inc?

Racing Unlimited Inc's most recent form 990EZ was submitted in 2021 and can be accessed here.


Official website here: www.sawtoothrelay.com zhalfmarathon.com

Learn more at the official website: www.sawtoothrelay.com zhalfmarathon.com

Mission Statement of Racing Unlimited Inc

Racing Unlimited Inc, as a nonprofit organization, is dedicated to organizing running races with the primary goal of raising funds to support various charities. Through these races, the organization collects funds through Racing for Grants, thereby channeling resources towards worthy causes. The organization's activities primarily revolve around organizing races for charity, with a diverse range of events to attract participants. By hosting these races, Racing Unlimited Inc contributes to charitable causes in a unique and engaging way.

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Impact




August, 2024

Racing Unlimited Inc's impact is felt through their organization of running races that raise funds for various charitable causes. By leveraging the excitement and participation in their events, Racing Unlimited Inc is able to generate financial support for important causes such as medical research. Their commitment to hosting races that directly benefit charities contributes to positive change in their community and beyond.




This information is meant to be a general summary of Racing Unlimited Inc. 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
$11,678 (2021)
Expenses
$7,608 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $698
  • Program Service Revenue: $10,980
  • Gross Receipts: $11,678

Assets and Liabilities:

  • Total Assets: $330,012
  • Total Liabilities: $136
  • Net Assets: $329,876

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Organization Details

Principal Officer

Terry Hoebelheinrich

NTEE Category

Code: H12 - Medical research

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