Overview
What is Nappanee Raceway Inc?
Nappanee Raceway Inc is a nonprofit organization that focuses on providing recreational facilities for amateur horse racing, specifically for standardbred horses. Their primary activity is organizing and hosting races for enthusiasts in this field. The organization is dedicated to promoting and fostering the love for standardbred horses in a recreational setting. While their mission is straightforward, they contribute to the horse racing community by offering a platform for amateur horse racers to participate and enjoy the sport.
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Is Nappanee Raceway Inc legitimate?
Nappanee Raceway Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Nappanee Raceway 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.
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What is the mission statement of Nappanee Raceway Inc?
Nappanee Raceway Inc is primarily dedicated to promoting recreational amateur horse racing, focusing on standardbred horses. The organization provides facilities for this purpose, encouraging participation among amateurs. Their mission can be summarized as fostering an environment for recreational horse racing with standardbred horses, offering opportunities for amateur participation. The organization's activities revolve around providing resources and facilities that support this recreational horse racing pursuit.
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What is the revenue of Nappanee Raceway Inc?
Nappanee Raceway Inc's revenue in 2024 was $67,867.
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Who are the executives of Nappanee Raceway Inc and what are their salaries?
Here are 4 key members and their salaries:
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Official website here: www.none
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Mission Statement of Nappanee Raceway Inc
Nappanee Raceway Inc is dedicated to providing recreational facilities for amateur horse racing, with a focus on standardbred horses. This organization encourages and supports enthusiasts in the sport, offering an enjoyable and engaging experience for both participants and spectators. The mission of Nappanee Raceway Inc is centered around the promotion of recreational activities related to horse racing, specifically for standardbred horses. The organization is committed to fostering a sense of community and camaraderie among horse racing enthusiasts, providing a platform for them to engage in their passion.
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Impact
October, 2024
Nappanee Raceway Inc significantly contributes to the local community by promoting recreational amateur horse racing for standardbred horses. By providing facilities dedicated to this activity, the organization fosters a vibrant environment for participants and spectators alike. The raceway not only serves as a venue for racing events but also nurtures a sense of community among horse racing enthusiasts.
This impact extends beyond entertainment; it encourages local engagement and participation, promoting physical activity and social interaction. The presence of such recreational facilities can enhance local tourism, drawing visitors to Nappanee, Indiana, for events. Furthermore, Nappanee Raceway Inc plays a role in supporting the local economy by creating opportunities for jobs and boosting local businesses associated with the horse racing industry. Overall, the organization enriches the cultural fabric of the area, providing a unique and enjoyable recreational outlet for individuals and families.
This information is meant to be a general summary of Nappanee Raceway 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 2024.
- Gross Receipts: $149,224
Assets and Liabilities:
- Total Assets: $94,800
- Total Liabilities: $2,036
- Net Assets: $92,764
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Organization Details
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