Overview
What is Oreville Kart Club Inc?
Oreville Kart Club Inc is a nonprofit organization primarily focused on Go-Kart club racing. They generate revenue through entrance fees for participating in races and sales of concessions and souvenirs such as pins and t-shirts. The earnings from these sources contribute towards offsetting track expenses and financing race events. This endeavor is part of their mission to promote and facilitate Go-Kart club racing.
Is Oreville Kart Club Inc legitimate?
Oreville Kart Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Oreville Kart Club 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.
What is the mission statement of Oreville Kart Club Inc?
The Oreville Kart Club Inc, through its activities, is dedicated to promoting Go-Kart club racing. They achieve this by charging entrance fees for races and selling concessions and souvenirs, such as pins and shirts. The revenue generated from these sales is utilized to cover track expenses and race event costs, serving as a crucial part of their mission. Essentially, the club's mission is to provide an environment for Go-Kart racing while using the income to sustain and enhance the racing events.
Who is the CEO of Oreville Kart Club Inc?
Barry Greenzweig is the President of Oreville Kart Club Inc.
What is the revenue of Oreville Kart Club Inc?
Oreville Kart Club Inc's revenue in 2022 was $29,170.
Who are the executives of Oreville Kart Club Inc and what are their salaries?
Here are 3 key members and their salaries:
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Where can I find the form 990EZ for Oreville Kart Club Inc?
Oreville Kart Club Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Oreville Kart Club Inc
Oreville Kart Club Inc, a nonprofit organization, is dedicated to the world of Go-Kart racing. Their primary mission involves charging entrance fees for participants and selling concessions, souvenirs such as pins and shirts. The revenue generated from these activities is utilized to cover track expenses and fund various race events. This financial strategy is an integral part of their mission to promote and facilitate Go-Kart Club-Racing.
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Impact
October, 2024
Oreville Kart Club Inc plays a vital role in the Kunkletown, PA community by fostering a love for go-kart racing and providing a space for enthusiasts to engage in this exhilarating sport. The club organizes racing events that draw participants and spectators alike, promoting local engagement and boosting community spirit.
By charging entrance fees for races and offering concessions and souvenirs, the club generates essential revenue that goes towards maintaining the track and organizing events. This not only ensures the continued operation of the karting facility but also contributes to the local economy. The influx of racers and their families can positively impact nearby businesses, including restaurants and shops.
Beyond economic contributions, Oreville Kart Club cultivates a sense of camaraderie and friendly competition among racing fans of all ages. It serves as a gathering point where individuals can connect over a shared passion, fostering relationships and creating lasting memories for participants and spectators. Overall, Oreville Kart Club Inc is more than just a racing venue; it is a hub of recreation and community vibrancy in Pennsylvania.
This information is meant to be a general summary of Oreville Kart Club 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $29,170
- Gross Receipts: $29,170
Assets and Liabilities:
- Total Assets: $27,800
- Total Liabilities: $0
- Net Assets: $27,800
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Organization Details
Phone
(610) 381-3787Principal Officer
Barry Greenzweig
Main Address
PO BOX 447, KUNKLETOWN, PA, 18058
NTEE Category
Code: N60 - Recreation
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