Overview
What is Gopher 50 Charitable Foundation Co Jerry Ingvalson?
Gopher 50 Charitable Foundation Co Jerry Ingvalson is a nonprofit organization located in Grand Meadow, Minnesota. Their primary activity is hosting an annual racing event that is open to the public. The event serves as a platform to raise funds for local non-profit organizations in the surrounding communities and offers fundraising opportunities for local schools and charities. In 2022, the event attracted 6,377 attendees, including 239 drivers, and resulted in over $13,000 in donations to a local non-profit and fire department.
Is Gopher 50 Charitable Foundation Co Jerry Ingvalson legitimate?
Gopher 50 Charitable Foundation Co Jerry Ingvalson is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gopher 50 Charitable Foundation Co Jerry Ingvalson 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
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What is the mission statement of Gopher 50 Charitable Foundation Co Jerry Ingvalson?
The Gopher 50 Charitable Foundation organizes an annual racing event that is open to the public. The primary objective of this event is to generate funds for local non-profit organizations within the community. The event serves as a platform for local charities to engage in fundraising activities. The proceeds from the racing event, such as from ticket sales and sponsorships, are distributed among these non-profit organizations. The 2022 event was attended by approximately 6,377 people, including 239 drivers, and resulted in donations totaling over $13,000 to a local non-profit and a fire department.
Who is the CEO of Gopher 50 Charitable Foundation Co Jerry Ingvalson?
Jerry Ingvalson is the Ceo of Gopher 50 Charitable Foundation Co Jerry Ingvalson. The CEO's salary of Gopher 50 Charitable Foundation Co Jerry Ingvalson is $0 and their total compensation is $0.
What is the revenue of Gopher 50 Charitable Foundation Co Jerry Ingvalson?
Gopher 50 Charitable Foundation Co Jerry Ingvalson's revenue in 2022 was -$14,042.
Who are the executives of Gopher 50 Charitable Foundation Co Jerry Ingvalson and what are their salaries?
There 15 volunteers at Gopher 50 Charitable Foundation Co Jerry Ingvalson.
Here are 6 key members and their salaries (Gopher 50 Charitable Foundation Co Jerry Ingvalson's CEO's salary is $0 and their total compensation is $0):
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Where can I find the form 990 for Gopher 50 Charitable Foundation Co Jerry Ingvalson?
Gopher 50 Charitable Foundation Co Jerry Ingvalson's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Gopher 50 Charitable Foundation Co Jerry Ingvalson
Gopher 50 Charitable Foundation Co Jerry Ingvalson, a notable organization, is dedicated to supporting the local community by organizing a public racing event. Their primary mission is to raise funds for various local non-profit organizations and provide valuable fundraising opportunities for local schools and charities. The annual event, attracting a substantial crowd of 6,377 individuals, including 239 drivers, serves as a significant source of financial aid for these entities. In 2022, the foundation managed to distribute over $13,000 to a local non-profit organization and a local fire department, underscoring their commitment to community service and support.
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Impact
October, 2024
Gopher 50 Charitable Foundation, led by Jerry Ingvalson, has made a significant impact in the Grand Meadow community by organizing an annual racing event that unites people for a common cause. This event not only entertains but also raises vital funds for local non-profit organizations, schools, and charities. In 2022 alone, the race attracted 6,377 attendees and involved 239 drivers, generating over $13,000 in support for initiatives like the local fire department and various community projects. By fostering a spirit of collaboration and philanthropy, the organization helps address local needs and empowers residents to contribute to their community's well-being.
This information is meant to be a general summary of Gopher 50 Charitable Foundation Co Jerry Ingvalson. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $369,238
Assets and Liabilities:
- Total Assets: $27,844
- Total Liabilities: $0
- Net Assets: $27,844
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Organization Details
Phone
(507) 754-6107Principal Officer
Jerry Ingvalson
Main Address
PO Box 1081, Grand Meadow, MN, 55936
NTEE Category
Code: T12 - Philanthropy
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