Overview
What is Marianas Racing Association?
The Marianas Racing Association (MRA) is a nonprofit organization based in Saipan, MP 96950. Their primary objective is to foster and promote motorsports within the CNMI. Throughout 2022, MRA organized a series of monthly points races, attracting local and Guamanian racers. In November, they hosted a significant event, welcoming 37 racers from Guam for a two-day competition. The major event's expenses were primarily covered by a grant from the Marianas Visitors Authority, with additional funding from CNMI government grants, membership dues, and race fees. During 2022, the organization also made significant improvements to its facilities, further enhancing its reputation as an attractive tourist destination for motor sports events.
Is Marianas Racing Association legitimate?
Marianas Racing Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marianas Racing Association 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:
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What is the mission statement of Marianas Racing Association?
The Marianas Racing Association (MRA) is committed to promoting motorsports within its realm. One of its objectives is to foster an understanding among the youth in the area about the advantages of engaging in motorsports. Moreover, MRA aims to enhance its location as a tourist attraction by organizing race events that attract both local and international racers and teams. In 2022, MRA conducted a series of monthly points races and hosted a significant event in November, welcoming nearly 40 racers from Guam. The association relies on various sources of funding, including grants from organizations like the Marianas Visitors Authority, to cover event costs and facilitate improvements to its facilities.
Who is the CEO of Marianas Racing Association?
David J Burger is the President of Marianas Racing Association.
What is the revenue of Marianas Racing Association?
Marianas Racing Association's revenue in 2022 was $97,465.
Who are the executives of Marianas Racing Association and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Marianas Racing Association?
Marianas Racing Association's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Marianas Racing Association
Marianas Racing Association, or MRA, is committed to promoting motorsports within the CNMI. Their mission is twofold: firstly, they aim to foster an understanding among the youth of the CNMI about the advantages of engaging in motor sports. Secondly, they strive to enhance the CNMI as a tourist destination by organizing race events that attract both local and international racers and teams. MRA actively works towards achieving these goals by hosting a series of monthly points races and major events, such as the one held in November 2022, which attracted 37 racers from Guam. The association's efforts are supported by various means, including grants from organizations like the Marianas Visitors Authority and the CNMI government, as well as through membership dues and race fees. Overall, MRA is dedicated to promoting motorsports in the CNMI and positioning it as a popular tourist attraction.
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Impact
October, 2024
Marianas Racing Association has significantly impacted the CNMI by actively promoting motorsports and enhancing the local community's engagement with this activity. In 2022, the association organized a series of monthly points races and hosted a major event that attracted nearly 40 racers from Guam, showcasing the region's potential as a hub for motorsports enthusiasts. With over 100 participants at the major event, the gathering not only bolstered participation but also fostered a sense of camaraderie among racers, both local and from neighboring territories.
Moreover, MRA's efforts to improve racing facilities through funding from grants, membership dues, and race fees have elevated the standards of local venues. These enhancements not only facilitate better racing experiences but also contribute to the overall quality of events hosted in the CNMI, making it a more attractive destination for regional and international racers and teams.
The association's work goes beyond just racing; it aims to develop awareness of the benefits of motorsports among the youth in the CNMI. By encouraging participation in motorsports, MRA promotes discipline, teamwork, and high-performance skills that can benefit young individuals in various life aspects. Overall, MRA plays a crucial role in positioning the CNMI as a vibrant motorsports community, enriching local culture while simultaneously developing tourism opportunities.
This information is meant to be a general summary of Marianas 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $97,465
Assets and Liabilities:
- Total Assets: $39,797
- Total Liabilities: $0
- Net Assets: $39,797
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Organization Details
Founding Year
2002
Phone
(670) 235-8722Principal Officer
David J Burger
Main Address
PO Box 504053, Saipan, MP, 96950
NTEE Category
Code: N70 - Recreation
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