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The Grand Prix Foundation Of Long B Beach Inc

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

EIN: 330446818 ✦ Long beach, CA ✦ Designated as a 501(c)(3)

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Overview

What is The Grand Prix Foundation Of Long B Beach Inc?

The Grand Prix Foundation of Long Beach Inc is a nonprofit organization that raises funds for charitable causes through grand prix events. They sponsor and organize direct fundraising activities, with the objective of granting funds to eligible, charitable, public benefit organizations situated in Long Beach or associated with auto racing. This foundation plays a significant role in supporting charitable initiatives within its city and the auto racing community.


Official website here: www.gplb.com

Is The Grand Prix Foundation Of Long B Beach Inc legitimate?

The Grand Prix Foundation Of Long B Beach Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Grand Prix Foundation Of Long B Beach 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.gplb.com

What is the mission statement of The Grand Prix Foundation Of Long B Beach Inc?

The Grand Prix Foundation of Long Beach, in its mission, supports charitable organizations by hosting grand prix events and organizing direct fundraising activities. The primary goal is to provide grants to eligible charitable and public benefit non-profit corporations, either based in the city or associated with auto racing. This foundation actively sponsors and supports these organizations to contribute to their causes.


Official website here: www.gplb.com

Who is the CEO of The Grand Prix Foundation Of Long B Beach Inc?

Rick Duree is the President of The Grand Prix Foundation Of Long B Beach Inc.


Official website here: www.gplb.com

What is the revenue of The Grand Prix Foundation Of Long B Beach Inc?

The Grand Prix Foundation Of Long B Beach Inc's revenue in 2023 was $18,593.


Official website here: www.gplb.com

Who are the executives of The Grand Prix Foundation Of Long B Beach Inc and what are their salaries?


Here are 10 key members and their salaries:


Rick Duree (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Valerie De Martino (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harry Saltzgaver (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Fischer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dede Rossi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Michaelian (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Blair Cohn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Vilensky (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Gooch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Gordon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.gplb.com

Where can I find the form 990EZ for The Grand Prix Foundation Of Long B Beach Inc?

The Grand Prix Foundation Of Long B Beach Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.


Official website here: www.gplb.com

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

Mission Statement of The Grand Prix Foundation Of Long B Beach Inc

The Grand Prix Foundation of Long Beach, in its mission, supports charitable organizations by hosting and sponsoring grand prix events. This nonprofit organization serves as a platform for direct fundraising events, aiming to provide grants to qualified charitable and public benefit non-profit corporations. The foundation's scope of support extends to organizations that are either based in the city of Long Beach or have a connection to the world of auto racing. By hosting these events, the Grand Prix Foundation of Long Beach plays a significant role in contributing to the charitable sector, ultimately making a positive impact in various communities.

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Impact




August, 2024

The Grand Prix Foundation Of Long Beach Inc has a significant impact on supporting charitable organizations through its grand prix events. By hosting fundraising events and providing grants to qualified non-profit corporations in Long Beach and those connected to auto racing, the foundation plays a crucial role in giving back to the community and supporting causes related to recreation and public benefit. Through their efforts, they are able to make a positive difference and contribute to the well-being of the community.




This information is meant to be a general summary of The Grand Prix Foundation Of Long B Beach 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
$18,593 (2023)
Expenses
$31,756 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $93,483

Assets and Liabilities:

  • Total Assets: $70,611
  • Total Liabilities: $0
  • Net Assets: $70,611

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Organization Details

Principal Officer

Rick Duree

Main Address

3000 PACIFIC AVENUE, LONG BEACH, CA, 90806

NTEE Category

Code: N6XZ - Recreation

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