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Drag Racers Benevolent Fund

Co Charles Anderson

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 453158354 ✦ Forreston, TX ✦ Designated as a 501(c)(3)

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Overview

What is Drag Racers Benevolent Fund?

The Drag Racers Benevolent Fund is a nonprofit organization, located in Forreston, Texas, with a mission to provide aid to race participants, their families, or other 501(C)(3) organizations sharing similar objectives, all connected to racing activities and the National Hot Rod Association (NHRA). Their charitable efforts are primarily supported by an annual fundraising event, organized by their dedicated volunteer staff. The funds collected are distributed to eligible individuals or organizations in need of medical or financial assistance due to NHRA racing activities. The organization's goal is to extend a helping hand to racers and their supporters during challenging times.


Official website here: www.none

Is Drag Racers Benevolent Fund legitimate?

Drag Racers Benevolent Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Drag Racers Benevolent Fund 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

For more financial information, click here


Official website here: www.none

What is the mission statement of Drag Racers Benevolent Fund?

The Drag Racers Benevolent Fund is committed to providing critical assistance for race participants or their families who are in need, as well as other 501(C)(3) organizations with similar goals, all associated with racing activities and the National Hot Rod Association. Their mission is accomplished through an annual fundraising event organized by their all-volunteer staff, with the raised funds being awarded to qualified individuals or organizations that require medical or financial support due to NHRA racing activities.


Official website here: www.none

Who is the CEO of Drag Racers Benevolent Fund?

Charles C Anderson is the Director of Drag Racers Benevolent Fund.


Official website here: www.none

What is the revenue of Drag Racers Benevolent Fund?

Drag Racers Benevolent Fund's revenue in 2022 was $1,449.


Official website here: www.none

Who are the executives of Drag Racers Benevolent Fund and what are their salaries?


Here are 4 key members and their salaries:


Charles C Anderson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keli J Atkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lonnie W Grim (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen G Odom (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.none

Where can I find the form 990 for Drag Racers Benevolent Fund?

Drag Racers Benevolent Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.none

Learn more at the official website: www.none

Mission Statement of Drag Racers Benevolent Fund

The Drag Racers Benevolent Fund, a voluntary organization, is committed to providing crucial assistance to race participants or their families who find themselves in need, as well as other 501(c)(3) organizations with similar objectives, all tied to racing activities and the National Hot Rod Association. To accomplish this charitable purpose, the organization's staff orchestrates an annual fundraising event, with the collected funds later awarded to eligible racers, their families, or other qualified organizations that support racers in need due to NHRA racing activities, particularly in terms of medical or financial assistance.

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Impact




October, 2024

The Drag Racers Benevolent Fund plays a crucial role in providing essential support for racing participants and their families during times of need. It focuses on assisting those directly impacted by racing activities, particularly in instances where medical or financial hardships arise.

Through a dedicated all-volunteer staff, the organization orchestrates an annual fundraising event, channeling resources towards helping individuals and families associated with racing who face challenges after NHRA events. By distributing funds to qualified racers, their families, and organizations with similar missions, the Fund fosters a supportive community that ensures those in distress receive the necessary assistance.

The impact is significantly felt within the racing community, where participants often rely on these funds to navigate tough circumstances. By addressing critical needs, the Drag Racers Benevolent Fund not only provides immediate financial relief but also reinforces a network of support among racers, highlighting the compassion and camaraderie inherent in the racing world.




This information is meant to be a general summary of Drag Racers Benevolent Fund. 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.

Revenue
$1,449 (2022)
Expenses
$10,117 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $1,449

Assets and Liabilities:

  • Total Assets: $47,134
  • Total Liabilities: $0
  • Net Assets: $47,134

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Organization Details

Principal Officer

Charles C Anderson

Main Address

PO BOX 100, FORRESTON, TX, 76041

Website

www.none

NTEE Category

Code: P20 - Human services

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