Overview
What is Professional Racers Owners Organization?
The Professional Racers Owners Organization is a nonprofit entity that plays a pivotal role in the racing community. Situated within this organization, professionals negotiate terms between the National Hot Rod Association and the racers themselves. Beyond dispute resolution, the Professional Racers Owners Organization also actively promotes business growth and development within the racing industry.
Is Professional Racers Owners Organization legitimate?
Professional Racers Owners Organization is a legitimate nonprofit organization registered as a 501(c)(6) entity. Professional Racers Owners Organization 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 Professional Racers Owners Organization?
The Professional Racers Owners Organization serves as a mediator between the National Hot Rod Association and the racers, fostering a conducive business environment. Its primary mission is to advocate for the interests of the racers and facilitate negotiations, thereby promoting a thriving racing community. The organization plays a crucial role in promoting business within the racing sector, ensuring a harmonious relationship between the association and the racers.
Who is the CEO of Professional Racers Owners Organization?
Alan Johnson is the President of Professional Racers Owners Organization.
What is the revenue of Professional Racers Owners Organization?
Professional Racers Owners Organization's revenue in 2022 was $108,715.
Who are the executives of Professional Racers Owners Organization and what are their salaries?
Here are 16 key members and their salaries:
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Where can I find the form 990EZ for Professional Racers Owners Organization?
Professional Racers Owners Organization's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Professional Racers Owners Organization
The Professional Racers Owners Organization, abbreviated as PRO, plays a significant role in mediating relations between the National Hot Rod Association and the racers. In this capacity, the organization promotes business interests within the racing community. PRO's primary mission is to serve as a mediator, ensuring fair agreements between the governing body of drag racing and the racers themselves. By doing so, the organization fosters a conducive environment for competitive racing while promoting the growth and success of the business side of the sport.
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Impact
October, 2024
The Professional Racers Owners Organization (PRO) significantly influences the racing community by acting as a vital liaison between the National Hot Rod Association (NHRA) and racers. Through its negotiation efforts, PRO ensures that the voices and concerns of racers are effectively represented, promoting a balanced relationship between the governing body and participants.
By championing business interests, PRO fosters a supportive environment for racers that encourages growth and innovation within the industry. This not only enhances the experience for drivers and teams but also contributes to the overall richness of the racing community in Indianapolis and beyond. The organization’s commitment to community improvement helps sustain the sport by nurturing a collaborative atmosphere where racers can thrive.
This information is meant to be a general summary of Professional Racers Owners Organization. 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: $108,715
Assets and Liabilities:
- Total Assets: $45,483
- Total Liabilities: $6,239
- Net Assets: $39,244
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Organization Details
Phone
(317) 373-8455Principal Officer
Alan Johnson
Main Address
1000 W 58TH STREET, INDIANAPOLIS, IN, 46228
NTEE Category
Code: S41 - Community improvement
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