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Highlands Motoring Foundation Inc

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

EIN: 264597331 ✦ Highlands, NC ✦ Designated as a 501(c)(3)

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Overview

What is Highlands Motoring Foundation Inc?

Highlands Motoring Foundation Inc is a nonprofit organization based in Highlands, North Carolina. Its primary mission is to host the Highlands Motoring Festival, an event aimed at raising funds for local human needs charities within the community. The foundation's proceeds are utilized to support these organizations in their endeavors to assist individuals in need. The Highlands Motoring Foundation serves as a significant contributor to the betterment of the community by funding and backing these worthy causes.


Official website here: www.highlandsmotoringfestival.com

Is Highlands Motoring Foundation Inc legitimate?

Highlands Motoring Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Highlands Motoring Foundation 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.


Official website here: www.highlandsmotoringfestival.com

What is the mission statement of Highlands Motoring Foundation Inc?

The Highlands Motoring Foundation's mission is centered around sponsoring the Highlands Motoring Festival, an event that raises funds for human needs charitable organizations. The primary goal of the foundation is to financially support these organizations and aid them in their endeavors to assist their community. By hosting the festival, the Highlands Motoring Foundation contributes to the cause of improving the lives of those in need.


Official website here: www.highlandsmotoringfestival.com

Who is the CEO of Highlands Motoring Foundation Inc?

Knight Martorell is the President of Highlands Motoring Foundation Inc.


Official website here: www.highlandsmotoringfestival.com

What is the revenue of Highlands Motoring Foundation Inc?

Highlands Motoring Foundation Inc's revenue in 2022 was $179,978.


Official website here: www.highlandsmotoringfestival.com

Who are the executives of Highlands Motoring Foundation Inc and what are their salaries?


Here are 3 key members and their salaries:


Knight Martorell (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Ham (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Mehder (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.highlandsmotoringfestival.com

Where can I find the form 990EZ for Highlands Motoring Foundation Inc?

Highlands Motoring Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.highlandsmotoringfestival.com

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

Mission Statement of Highlands Motoring Foundation Inc

The Highlands Motoring Foundation, in its mission, sponsors the Highlands Motoring Festival. This annual event serves as a significant fundraising initiative, channeling proceeds towards local human needs charitable organizations. The foundation's primary objective is to support these organizations, enabling them to strengthen their efforts in serving their respective communities. By sponsoring this event and providing financial assistance, the Highlands Motoring Foundation plays a pivotal role in amplifying the impact of these charities and enhancing their capacity to address the pressing human needs in their areas.

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Impact




October, 2024

Highlands Motoring Foundation Inc significantly impacts the local community by sponsoring the Highlands Motoring Festival, an event dedicated to fundraising for charitable organizations in Highlands, NC. Through the festival, funds are generated to support various human needs initiatives, enhancing the ability of local organizations to serve community members in need. This initiative not only promotes philanthropy but also fosters community engagement and solidarity, making a tangible difference in the lives of residents throughout the area. By directing financial resources to essential services, Highlands Motoring Foundation plays a vital role in uplifting the Highlands community and addressing pressing social issues.




This information is meant to be a general summary of Highlands Motoring Foundation 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
$179,978 (2022)
Expenses
$172,791 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $140,256
  • Gross Receipts: $179,978

Assets and Liabilities:

  • Total Assets: $57,905
  • Total Liabilities: $15,000
  • Net Assets: $42,905

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Organization Details

Principal Officer

Knight Martorell

Main Address

PO BOX 442, HIGHLANDS, NC, 28741

NTEE Category

Code: T30 - Philanthropy

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