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Palmyra Racing Association Inc

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

EIN: 161477370 ✦ Palmyra, NY ✦ Designated as a 501(c)(4)

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Overview

What is Palmyra Racing Association Inc?

Palmyra Racing Association Inc, located in Palmyra, New York, serves as a nonprofit organization dedicated to offering a secure and enjoyable environment for motorcycle enthusiasts to hone their skills. Their primary mission is to foster and promote the art of motorcycling, emphasizing safety and family involvement. By participating in their activities, members can engage in this thrilling pastime while strengthening their family bonds. The Association's goals encompass encouraging and aiding individuals in mastering the skill of motorcycling, ultimately leading to a better understanding of the sport.


Official website here: www.palmyramx.com

What do the Facebook reviews say about Palmyra Racing Association Inc?

With 84% of 404 reviewers recommending the Palmyra Racing Association Inc, the overall sentiment reflects a positive experience. Many users appreciated the efficient management of events and the proactive approach to safety, as evidenced by comments about the lack of major medical issues during busy race days.

Participants highlighted the engaging atmosphere and organization of the events, noting that staff and volunteers work hard to ensure everything runs smoothly. This dedication to providing a safe and enjoyable experience has resonated well with attendees, fostering a sense of community around the races.

Overall, the reviews indicate that Palmyra Racing Association Inc successfully delivers on its mission to offer exciting racing experiences while prioritizing the well-being of its visitors. Many look forward to returning for future events, reinforcing a loyal and satisfied participant base.


This AI summary has been generated from reviews found on Facebook.

Is Palmyra Racing Association Inc legitimate?

Palmyra Racing Association Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Palmyra Racing Association Inc submitted a form 990, 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.palmyramx.com

What is the mission statement of Palmyra Racing Association Inc?

The Palmyra Racing Association Inc's mission is centered around promoting and fostering the art and skill of motorcycling. They aim to encourage participation in this sport while also enhancing the public's understanding of it. Furthermore, the organization is dedicated to ensuring the safety of motorcyclists involved in this activity. By providing a fun and secure environment for motorcycle riding, the Palmyra Racing Association Inc also champions family values and activities, welcoming all members to partake.


Official website here: www.palmyramx.com

Who is the CEO of Palmyra Racing Association Inc?

Alexis Boundy is the Treasurer of Palmyra Racing Association Inc.


Official website here: www.palmyramx.com

What is the revenue of Palmyra Racing Association Inc?

Palmyra Racing Association Inc's revenue in 2022 was $196,058.


Official website here: www.palmyramx.com

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

There 25 volunteers at Palmyra Racing Association Inc.


Here are 5 key members and their salaries:


Aimee Primm (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheryl Ladelfa (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Corey Sadlik (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tammi Coucouzi (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christian Costa (Publicity)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.palmyramx.com

Where can I find the form 990 for Palmyra Racing Association Inc?

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


Official website here: www.palmyramx.com

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

Mission Statement of Palmyra Racing Association Inc

Palmyra Racing Association Inc, an organization dedicated to motorcycling, aims to promote, encourage, and aid in the art and skill of this activity. Their mission is multifaceted, encompassing the improvement and understanding of motorcycling, as well as prioritizing the safety of this sport. By engaging in these activities, the association seeks to foster a sense of camaraderie and skill development within the motorcycling community. Palmyra Racing Association Inc provides a platform where individuals can practice their motorcycle riding skills in a secure environment, all while upholding family values and activities for its members.

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Impact




October, 2024

Palmyra Racing Association Inc significantly impacts the community by fostering a culture of motorcycling while emphasizing safety and family values. By providing a dedicated space for motorcycle enthusiasts, the organization allows riders to practice and improve their skills in a controlled and supportive environment. This not only enhances the technical abilities of participants but also nurtures a sense of camaraderie among members.

The association promotes recreational activities that bring families together, encouraging participation across all ages and skill levels. Through events and engagement opportunities, it creates a community where individuals can share their passion for motorcycling, learn from one another, and enjoy a variety of family-oriented activities.

In addition to promoting the art and skill of motorcycling, the association emphasizes safety, ensuring that all participants understand the importance of responsible riding. By championing these values, Palmyra Racing Association Inc plays a crucial role in developing well-rounded individuals who appreciate the sport of motorcycling in a safe and respectful manner. Overall, their efforts contribute to a more vibrant, active community centered around a shared love for motorcycles.




This information is meant to be a general summary of Palmyra Racing Association 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
$196,058 (2022)
Expenses
$171,400 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $45
  • Program Service Revenue: $178,572
  • Gross Receipts: $196,058

Assets and Liabilities:

  • Total Assets: $553,765
  • Total Liabilities: $0
  • Net Assets: $553,765

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Motorcycle Events

Revenue

$106,355

Membership Dues

Revenue

$72,217

Organization Details

Founding Year

1967

Principal Officer

Alexis Boundy

Main Address

PO Box 221, Palmyra, NY, 14522

NTEE Category

Code: N70 - Recreation

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