Race Track Chaplaincy Of America Inc

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

EIN: 237181877 ✦ Lexington, KY ✦ Designated as a 501(c)(3)

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Overview

What is Race Track Chaplaincy Of America Inc?

Race Track Chaplaincy of America Inc. is a nonprofit organization situated in Lexington, Kentucky, specifically at 2365 Harrodsburg Rd Suite A120. Their primary mission is to cater to the spiritual, emotional, physical, social, and educational needs of individuals and families involved in the horse racing industry across America. The organization provides church services and Christian counseling, as well as addresses the social and educational requirements of this community. With a small team of four employees, they strive to support the well-being of those working in this unique industry.


Official website here: www.rtcanational.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 88%, Three-Star out of Four Stars

Race Track Chaplaincy Of America Inc has received an overall score of 88%, which translates to a Three-Star rating based on its accountability and finance practices. This score reflects a strong emphasis on financial responsibility and transparency, with all aspects of the rating coming from a single beacon focused on these metrics.

The organization showcases noteworthy strengths, including a fully independent board, robust financial statements, and a high program expense ratio of 98.48%. The charity has demonstrated excellent practices in several areas, such as the absence of material diversion of assets and the presence of a conflict of interest policy. However, it is worth noting that the organization is lacking a whistleblower policy and document retention and destruction policy.

While Race Track Chaplaincy Of America Inc clearly excels in many accountability metrics, the absence of certain policies may indicate room for improvement in governance practices. Overall, the organization appears committed to its financial integrity and transparency, which are critical for donor trust and long-term sustainability.


This AI summary has been generated from information found on Charity Navigator.

Is Race Track Chaplaincy Of America Inc legitimate?

Race Track Chaplaincy Of America Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Race Track Chaplaincy Of America 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: $75,832
Professional Fundraising Fees: $0
Other Salaries and Wages: $97,246

For more financial information, click here


Official website here: www.rtcanational.org

What is the mission statement of Race Track Chaplaincy Of America Inc?

Race Track Chaplaincy of America Inc is committed to addressing the spiritual, emotional, physical, social, and educational needs of families involved in the horse racing industry. Their mission, in simple terms, is to minister to these families, providing them with church services and Christian counseling, as well as addressing their social and educational needs. The organization's efforts are focused on the communities living and working at horse racing tracks across America.


Official website here: www.rtcanational.org

Who is the CEO of Race Track Chaplaincy Of America Inc?

Dan Waits is the Executive Di of Race Track Chaplaincy Of America Inc.


Official website here: www.rtcanational.org

What is the revenue of Race Track Chaplaincy Of America Inc?

Race Track Chaplaincy Of America Inc's revenue in 2022 was $532,971.


Official website here: www.rtcanational.org

Who are the executives of Race Track Chaplaincy Of America Inc and what are their salaries?

The average compensation at Race Track Chaplaincy Of America Inc during 2022 was $43,270. There are 4 employees and 20 volunteers at Race Track Chaplaincy Of America Inc.


Here are 10 key members and their salaries:


Dan Waits (Executive Di)
  • Compensation: $75,832
  • Related: $0
  • Other: $0
Elliott Walden (President/Ce)
  • Compensation: $0
  • Related: $0
  • Other: $0
Corey Johnsen (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Schumaker (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Valazza (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eli Hernandez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Stiles (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Izzy Trejo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Vanbebber (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Lamb (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.rtcanational.org

Where can I find the form 990 for Race Track Chaplaincy Of America Inc?

Race Track Chaplaincy Of America Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.rtcanational.org

Learn more at the official website: www.rtcanational.org

Mission Statement of Race Track Chaplaincy Of America Inc

Race Track Chaplaincy of America Inc is dedicated to serving the diverse needs of families involved in the horse racing industry. Their mission, in simple terms, is to cater to the spiritual, emotional, physical, social, and educational needs of these families. Through their ministry, they aim to address the various challenges these individuals and families may face, providing them with the support they need to navigate their lives within the horse racing industry.

More specifically, Race Track Chaplaincy of America Inc provides church services and Christian counseling for those working in this field. They understand the unique challenges that come with this line of work and strive to offer spiritual guidance and emotional support. Additionally, they also focus on addressing the social and educational needs of the people living and working at horse racing tracks across America. By doing so, they aim to improve the overall well-being of these families, helping them to lead more fulfilling lives.

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Impact




July, 2024

Race Track Chaplaincy Of America Inc has a direct impact on the wellbeing of families working in the horse racing industry by providing for their spiritual, emotional, physical, social, and educational needs. Through church services, Christian counseling, and social and educational support programs, this organization offers crucial assistance to individuals living and working at horse racing tracks across America. Their mission to ministry to the needs of these families has a profound and meaningful impact on the lives of those involved in the industry.




This information is meant to be a general summary of Race Track Chaplaincy Of America 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
$532,971 (2022)
Expenses
$477,010 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $5,624
  • Gross Receipts: $570,849

Assets and Liabilities:

  • Total Assets: $618,001
  • Total Liabilities: $5,950
  • Net Assets: $612,051

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Organization Details

Founding Year

1972

Principal Officer

Dan Waits

Main Address

2365 HARRODSBURG RD SUITE A120, LEXINGTON, KY, 40504

NTEE Category

Code: X20 - Religion related

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