Overview
What is International 500 Project Inc?
International 500 Project Inc is a nonprofit organization situated in Sault Ste Marie, Michigan. Their primary goal is to foster the growth and popularity of snowmobiling by organizing and promoting a significant long-distance snowmobile race. Through this event, they aim to attract participants and spectators, thereby promoting the sport on a larger scale. The organization's activities are centered around the annual race, which serves as a platform to showcase the thrill and excitement of snowmobiling. The organization's mission remains steadfast in promoting snowmobiling as a sport, engaging the community and enthusiasts alike.
Is International 500 Project Inc legitimate?
International 500 Project Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. International 500 Project 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of International 500 Project Inc?
The International 500 Project Inc's mission is centered around promoting the sport of snowmobiling. They achieve this goal by organizing and promoting a significant long-distance snowmobile race in an unspecified location. The organization's primary objective is to increase the popularity and engagement with snowmobiling through this major event.
Who is the CEO of International 500 Project Inc?
Dave Thomas is the Officer of International 500 Project Inc.
What is the revenue of International 500 Project Inc?
International 500 Project Inc's revenue in 2022 was $361,876.
Who are the executives of International 500 Project Inc and what are their salaries?
There 15 volunteers at International 500 Project Inc.
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for International 500 Project Inc?
International 500 Project Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of International 500 Project Inc
International 500 Project Inc is an organization dedicated to fostering the popularity of snowmobiling. Their primary mission involves organizing and promoting a significant long-distance snowmobile race in an unspecified location. The objective of this nonprofit is to boost the sport of snowmobiling by utilizing this major event as a platform for promotion. By organizing and promoting this race, International 500 Project Inc aims to attract a larger audience to the sport, ultimately increasing its popularity and visibility.
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Impact
October, 2024
International 500 Project Inc significantly impacts the community and the sport of snowmobiling through its organization and promotion of the International 500, a major long-distance snowmobile race held in Sault Ste. Marie, Michigan. This event not only showcases the excitement and skill involved in competitive snowmobiling but also attracts participants and spectators from various regions, fostering a sense of camaraderie among enthusiasts.
By facilitating such a prominent event, the organization boosts local tourism and supports the economy, as visitors contribute to local businesses, hotels, and restaurants. Additionally, the race serves to raise awareness of snowmobiling as a recreational activity, encouraging more people to engage with the sport, thereby expanding its community. Overall, International 500 Project Inc plays a crucial role in promoting snowmobiling, enhancing community engagement, and supporting economic growth in the region.
This information is meant to be a general summary of International 500 Project 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 2022.
- Gross Receipts: $361,876
Assets and Liabilities:
- Total Assets: $300,874
- Total Liabilities: $104,150
- Net Assets: $196,724
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Organization Details
Founding Year
2018
Phone
(906) 630-5497Principal Officer
Dave Thomas
Main Address
PO BOX 500, SAULT STE MARIE, MI, 49783
NTEE Category
Code: N70 - Recreation
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