Chumpcar International Inc

Champcar Endurance Series

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

EIN: 471400739 ✦ Stuart, FL ✦ Designated as a 501(c)(7)

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Overview

What is Chumpcar International Inc?

Chumpcar International Inc is a nonprofit organization based in Stuart, Florida, with a focus on organizing, promoting, and operating recreational motorsports events. They achieve this by renting various motorsports facilities and managing the entire event with the help of regional staff and volunteers. Safety and professional medical/emergency personnel are contracted to ensure the well-being of participants. The club finances its activities and events through entry fees, with a total of 3 employees dedicated to its operations.

Is Chumpcar International Inc legitimate?

Chumpcar International Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Chumpcar International 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: $100,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $153,500

For more financial information, click here

What is the mission statement of Chumpcar International Inc?

Chumpcar International Inc's primary mission is to arrange, publicize, and manage recreational motorsports events. The organization is dedicated to organizing and operating these events as its main activity. To ensure the safety and well-being of participants, it contracts professional medical and emergency staff. The club finances its activities and events through entry fees paid by its members, which help cover expenses and costs. Chumpcar International Inc utilizes various motorsports facilities, managing and operating the entire event with the assistance of regional staff and volunteers.

Who is the CEO of Chumpcar International Inc?

Dana Morrison is the Ceo of Chumpcar International Inc. The CEO's salary of Chumpcar International Inc is $100,000 and their total compensation is $100,000.

What is the revenue of Chumpcar International Inc?

Chumpcar International Inc's revenue in 2022 was $2,075,929.

Who are the executives of Chumpcar International Inc and what are their salaries?

The average compensation at Chumpcar International Inc during 2022 was $84,500. There are 3 employees at Chumpcar International Inc.


Here are 8 key members and their salaries (Chumpcar International Inc's CEO's salary is $100,000 and their total compensation is $100,000):


Dana Morrison (Ceo)
  • Compensation: $100,000
  • Related: $0
  • Other: $0
Justin Andrews (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Huggins (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tiffany Alexander (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Coleman (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Franck (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Rehnelt (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rodger Coan (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Chumpcar International Inc?

Chumpcar International Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Chumpcar International Inc

Chumpcar International Inc, as a club, is dedicated to organizing, promoting, and operating recreational motorsports events. Its primary mission is to provide a platform for enthusiasts to participate in these events, utilizing various motorsports facilities. The club manages these events meticulously, employing regional staff and volunteers, while ensuring safety and professional medical/emergency services. Members finance the activities and events by paying entry fees, which cover expenses and costs. In essence, Chumpcar International Inc serves as a hub for motorsports enthusiasts, facilitating and overseeing recreational events, while ensuring the safety and enjoyment of its participants.

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Impact




October, 2024

Chumpcar International Inc significantly enhances the recreational motorsports landscape by organizing, promoting, and operating a variety of events. The organization plays a crucial role in creating accessible racing experiences, allowing participants from diverse backgrounds to engage in motorsports. By renting and managing multiple motorsport facilities, Chumpcar International ensures that events are well-coordinated and enjoyable for both drivers and spectators.

The club employs regional staff and utilizes volunteers, fostering a sense of community and collaboration among motorsport enthusiasts. Safety is a top priority; thus, Chumpcar contracts professional medical and emergency personnel to ensure the well-being of everyone involved. Participants finance these events through entry fees, contributing directly to the sustainability of the activities and helping to offset overall costs.

Overall, Chumpcar International Inc is instrumental in promoting recreational motorsports and cultivating a vibrant automotive community in Stuart, FL, and beyond.




This information is meant to be a general summary of Chumpcar International 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.

Revenue
$2,075,929 (2022)
Expenses
$2,090,955 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3,837
  • Program Service Revenue: $1,880,938
  • Gross Receipts: $2,094,736

Assets and Liabilities:

  • Total Assets: $148,810
  • Total Liabilities: $26,176
  • Net Assets: $122,634

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

EVENT REGISTRATION

Revenue

$1,739,438

SPONSORSHIP

Revenue

$141,500

Organization Details

Founding Year

2014

Principal Officer

Dana Morrison

Main Address

8526 SW WESTWOOD LANE, STUART, FL, 34997

NTEE Category

Code: N50 - Recreation

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