Overview
What is Corridor Running Inc?
Corridor Running Inc, situated in Cedar Rapids, Iowa, is a nonprofit organization committed to fostering healthy lifestyles. They achieve this by organizing running events and actively engaging in community outreach. A significant part of the revenue generated from these races is allocated to support local youth and families. Moreover, Corridor Running Inc is dedicated to nurturing local elite runners and collaborates with local charities to raise funds for various causes. The organization's calendar is filled with multiple sanctioned races annually, group training runs, social events, and a monthly newsletter. Overall, Corridor Running Inc is an active player in promoting physical wellness and giving back to their community.
Is Corridor Running Inc legitimate?
Corridor Running Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Corridor Running 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.
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 Corridor Running Inc?
Corridor Running Inc, as an organization, focuses on promoting healthier lifestyles by organizing running events. Their mission extends beyond this, as they also engage in community outreach initiatives. A portion of the revenue from each race goes towards supporting local youth and families. The organization also backs local elite runners and collaborates with charities to raise funds. Corridor Running Inc hosts several races annually, arranging group training runs and social events. They also distribute a monthly newsletter to keep their community informed.
What is the revenue of Corridor Running Inc?
Corridor Running Inc's revenue in 2024 was $111,165.
Who are the executives of Corridor Running Inc and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for Corridor Running Inc?
Corridor Running Inc's most recent form 990EZ was submitted in 2024 and can be accessed here.
Mission Statement of Corridor Running Inc
Corridor Running, as a nonprofit organization, is committed to advocating for healthy lifestyles within the community. They achieve this mission by organizing various running events. These events serve not only as a platform for physical fitness but also as a means to raise funds for local youth and families in need. In addition to organizing races, Corridor Running supports local elite runners, providing them with opportunities to showcase their talents and contribute to the community. The organization further extends its reach by partnering with local charities, working together to raise funds for worthy causes.
Beyond organizing races, Corridor Running also engages in community outreach. This includes hosting group training runs, where individuals can train together and motivate one another. Additionally, the organization hosts social events, offering opportunities for runners to connect and build a sense of community. To keep runners informed and engaged, Corridor Running distributes a monthly newsletter. By contributing to local causes, supporting elite runners, and fostering a sense of community, Corridor Running promotes a healthy lifestyle and gives back to the community it serves.
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Impact
October, 2024
Corridor Running Inc plays a significant role in promoting healthy lifestyles within the Cedar Rapids community through a variety of running events and community outreach initiatives. By organizing multiple races each year, they encourage participation in physical fitness, fostering a culture of health and wellness among residents.
The organization's commitment to community is evident in its practice of contributing a portion of every race entry fee to support local youth and families, thereby directly impacting those in need. Additionally, Corridor Running Inc champions local elite runners, helping to elevate the profile of running in the region and inspiring others to pursue their athletic goals.
Partnerships with local charities for fundraising efforts create a collaborative environment that benefits multiple facets of the community. Their group training runs and social events not only promote fitness but also build camaraderie among participants, strengthening community ties.
Furthermore, with their monthly newsletter, Corridor Running Inc keeps the community informed about upcoming events and health-related activities, ensuring continual engagement and participation in a healthier lifestyle. Overall, the organization significantly enriches the Cedar Rapids area by enhancing physical fitness, community participation, and support for local causes.
This information is meant to be a general summary of Corridor Running 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.
- Investment Income: $2
- Program Service Revenue: $111,163
- Gross Receipts: $111,165
Assets and Liabilities:
- Total Assets: $14,396
- Total Liabilities: $66,936
- Net Assets: -$52,540
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Organization Details
Principal Officer
Brian Tharp
NTEE Category
Code: N60 - Recreation
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