Overview
What is Kandi Racing Association?
Kandi Racing Association, based in Willmar, Minnesota, is a nonprofit organization primarily focused on providing auto racing recreation for drivers hailing from Kandiyohi County and its surrounding communities. Beyond this, the association serves as an entertainment source for local residents in Willmar and surrounding communities. The organization, known as KRA Speedway, is dedicated to promoting an enjoyable racing experience for its members while also offering a form of entertainment for the local community.
Official website here: www.kraspeedwaymn.com
Is Kandi Racing Association legitimate?
Kandi Racing Association is a legitimate nonprofit organization registered as a 501(c)(7) entity. Kandi Racing Association 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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Official website here: www.kraspeedwaymn.com
What is the mission statement of Kandi Racing Association?
The Kandi Racing Association's mission is centered around providing automobile racing recreation for drivers hailing from Kandiyohi County and surrounding communities. Beyond this, the association also aims to offer entertainment for the residents of Willmar and nearby communities. In essence, their mission is to facilitate engaging racing activities for local drivers and offer enjoyable entertainment experiences for the wider community.
Official website here: www.kraspeedwaymn.com
What is the revenue of Kandi Racing Association?
Kandi Racing Association's revenue in 2024 was $265,032.
Official website here: www.kraspeedwaymn.com
Who are the executives of Kandi Racing Association and what are their salaries?
Here are 7 key members and their salaries:
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Official website here: www.kraspeedwaymn.com
Where can I find the form 990 for Kandi Racing Association?
Kandi Racing Association's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.kraspeedwaymn.com
Learn more at the official website: www.kraspeedwaymn.com
Mission Statement of Kandi Racing Association
Kandi Racing Association, a nonprofit organization, is dedicated to providing recreational automobile racing opportunities for drivers hailing from Kandiyohi County and its surrounding communities. Beyond catering to the driving enthusiasts, the association also aims to offer entertainment for the residents of Willmar and its neighboring communities. By offering this unique blend of racing and entertainment, Kandi Racing Association contributes to fostering a sense of community and shared interests.
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Impact
October, 2024
The Kandi Racing Association significantly enhances the local community by providing a vibrant platform for auto racing enthusiasts in Kandiyohi County and its neighboring areas. It offers recreational opportunities that foster skill development among drivers, while simultaneously delivering engaging entertainment for residents of Willmar and its surrounding communities. The association promotes camaraderie and community spirit through its events, attracting diverse audiences and driving local economic activity. By organizing races, it creates a social hub that unites families and friends, enriching the cultural landscape of the region. Additionally, the association contributes to local tourism by drawing visitors to events, thereby benefiting local businesses and encouraging community involvement in motorsports.
This information is meant to be a general summary of Kandi Racing Association. 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.
- Program Service Revenue: $265,032
- Gross Receipts: $265,032
Assets and Liabilities:
- Total Assets: $20,857
- Total Liabilities: $20,857
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
race track income
Revenue
$265,032
Program 2
Revenue
$0
Program 3
Revenue
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Program 4
Revenue
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Program 5
Revenue
$0
Organization Details
Founding Year
1999
Principal Officer
Justin Hedtke
Website
www.kraspeedwaymn.comNTEE Category
Code: Z99 - Unknown
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