Overview
What is Road Runners Club Of America Traverse City Track Club Inc?
Road Runners Club of America Traverse City Track Club Inc, based in Traverse City, Michigan, is a charitable organization, classified under section 501C3 of the Internal Revenue Service code. Their primary mission is to foster health, fitness, family recreation, and competition within the counties of Grand Traverse, Kalkaska, Leelanau, Antrim, and Benzie, through running, race-walking, and walking activities. They organize and conduct competitive races or running/walking events, educate the public about the health benefits of these activities, and grant scholarships and community grants. Additionally, they participate in research projects relating to their exempt activities and maintain membership in the Road Runners Club of America, Inc. The organization also hosts the Bayshore Marathon, a renowned event attracting runners from across the Midwest and beyond, offering scenic courses along Grand Traverse Bay.
Official website here: www.tctrackclub.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
The Road Runners Club of America Traverse City Track Club Inc has earned a three-star rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. This rating is based entirely on their Accountability & Finance score, reflecting a strong commitment to transparency and responsible financial practices. A score of 81% suggests that the organization is effectively managing its resources.
The nonprofit's strengths include a fully independent board, with all members meeting the criteria for independence, and a strong program expense ratio of 85.15%, indicating that a significant portion of their funds is directed towards their programming rather than administrative costs. Additionally, the organization has established key policies such as conflict of interest and whistleblower protections, further enhancing its governance framework.
While the overall score is commendable, the rating does not assess other potential areas like impact or effectiveness of the programs. Therefore, while accountability and financial management are strong, stakeholders may seek additional information on the organization's tangible outcomes in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Road Runners Club Of America Traverse City Track Club Inc legitimate?
Road Runners Club Of America Traverse City Track Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Road Runners Club Of America Traverse City Track Club 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: $64,802
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.tctrackclub.com
What is the mission statement of Road Runners Club Of America Traverse City Track Club Inc?
The Road Runners Club of America Traverse City Track Club Inc is established as a charitable organization, falling under the Internal Revenue Service Code Section 501C3 or its corresponding section in future federal tax codes. Its primary purpose is to promote and encourage health, fitness, family recreation, and competition for individuals residing in the counties of Grand Traverse, Kalkaska, Leelanau, Antrim, and Benzie. This is achieved through activities such as running, race-walking, and walking. The club also organizes and conducts competitive races and other running/walking events, educating the public on the health benefits of these activities. Awards are presented, educational scholarships and community grants are granted, and research projects related to its exempt activities are participated in or instituted. Lastly, the club maintains membership in the Road Runners Club of America, a nonprofit corporation exempt from taxation under Section 501C3 of the code, and engages in various other activities and exercises corporate powers.
Official website here: www.tctrackclub.com
Who is the CEO of Road Runners Club Of America Traverse City Track Club Inc?
Janice Beyer is the President of Road Runners Club Of America Traverse City Track Club Inc.
Official website here: www.tctrackclub.com
What is the revenue of Road Runners Club Of America Traverse City Track Club Inc?
Road Runners Club Of America Traverse City Track Club Inc's revenue in 2022 was $620,881.
Official website here: www.tctrackclub.com
Who are the executives of Road Runners Club Of America Traverse City Track Club Inc and what are their salaries?
The average compensation at Road Runners Club Of America Traverse City Track Club Inc during 2022 was $64,802. There is 1 employee and 1300 volunteers at Road Runners Club Of America Traverse City Track Club Inc.
Here are 13 key members and their salaries:
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Official website here: www.tctrackclub.com
Where can I find the form 990 for Road Runners Club Of America Traverse City Track Club Inc?
Road Runners Club Of America Traverse City Track Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tctrackclub.com
Learn more at the official website: www.tctrackclub.com
Mission Statement of Road Runners Club Of America Traverse City Track Club Inc
The Road Runners Club of America Traverse City Track Club Inc, a charitable organization, is established primarily for promoting and encouraging health, fitness, family recreation, and competition for individuals residing in the counties of Grand Traverse, Kalkaska, Leelanau, Antrim, and Benzie. The organization achieves this goal through various activities such as running, race-walking, and walking.
Beyond physical activities, the Road Runners Club of America Traverse City Track Club Inc is committed to educating the public about the health benefits associated with running and walking. They also organize and conduct competitive races or running/walking events to provide opportunities for individuals to participate in these sports. The organization presents awards and grants educational scholarships and community grants in line with its exempt activities.
Moreover, the Road Runners Club of America Traverse City Track Club Inc participates in or initiates research projects related to its charitable activities, contributing to the advancement of knowledge in this field. The organization maintains membership in the Road Runners Club of America, a nonprofit corporation exempt from taxation under Section 501C3 of the Internal Revenue Service Code, and engages in various other activities and exercises corporate powers to achieve its objectives.
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Impact
July, 2024
The Traverse City Track Club, through its Bayshore Marathon and other events, has a significant impact on promoting health, fitness, and community engagement in the Grand Traverse region and beyond. By organizing competitive races and walking events, educating the public about the benefits of running and walking, presenting awards, granting scholarships, and participating in research projects, the club fosters a culture of physical activity and wellness in the community. The Bayshore Marathon, a flagship event, attracts runners from across the Midwest and enhances the scenic beauty of the area through its courses along Grand Traverse Bay. Overall, the Track Club's initiatives contribute to a healthier and more active lifestyle for individuals in the region.
This information is meant to be a general summary of Road Runners Club Of America Traverse City Track Club 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.
- Investment Income: $139
- Program Service Revenue: $617,461
- Gross Receipts: $620,881
Assets and Liabilities:
- Total Assets: $458,023
- Total Liabilities: $5,750
- Net Assets: $452,273
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Membership Fees
Revenue
$10,935
Race Fees
Revenue
$606,526
Organization Details
Founding Year
2005
Phone
(231) 714-4745Principal Officer
Janice Beyer
Main Address
PO Box 4026, Traverse City, MI, 49685
Website
www.tctrackclub.comNTEE Category
Code: N60 - Recreation
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