Kaw Valley Race Group Inc

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

EIN: 481103470 ✦ Lenexa, KS ✦ Designated as a 501(c)(7)

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Overview

What is Kaw Valley Race Group Inc?

Kaw Valley Race Group Inc is a nonprofit organization dedicated to promoting and fostering amateur automobile racing events. Their mission includes participating in various sports car events and organizing social gatherings for their members throughout the year. One of their primary objectives is to train volunteer workers to effectively manage these events. By doing so, they contribute to the growth and enjoyment of amateur racing within their community.

Is Kaw Valley Race Group Inc legitimate?

Kaw Valley Race Group Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Kaw Valley Race Group 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

For more financial information, click here

What is the mission statement of Kaw Valley Race Group Inc?

Kaw Valley Race Group Inc's mission is centered around promoting amateur automobile racing events and providing training opportunities for volunteers. The organization conducts these racing events and engages in various sports car events and social gatherings throughout the year. One of their primary objectives is to encourage amateur racing, and they accomplish this by preparing volunteers to manage these events effectively. In essence, Kaw Valley Race Group Inc serves as a platform for amateur racing enthusiasts, offering both racing experiences and volunteer training opportunities.

What is the revenue of Kaw Valley Race Group Inc?

Kaw Valley Race Group Inc's revenue in 2023 was $93,208.

Who are the executives of Kaw Valley Race Group Inc and what are their salaries?

Here are 7 key members and their salaries:


Kent Prather (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Johnson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Kern (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Henson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Pessetto (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Cahill (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Nicholson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Kaw Valley Race Group Inc?

Kaw Valley Race Group Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.

Mission Statement of Kaw Valley Race Group Inc

Kaw Valley Race Group Inc, an amateur sports car club, is dedicated to promoting automobile racing events and training volunteer workers to manage these events. Its primary mission is to organize and facilitate these racing events, providing a platform for enthusiasts to engage in their passion. Furthermore, the organization aims to nurture its volunteer workforce, equipping them with the necessary skills to successfully staff these events. By conducting these racing events and fostering a community of volunteers, Kaw Valley Race Group Inc contributes to the enjoyment and growth of amateur automobile racing.

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Impact




October, 2024

Kaw Valley Race Group Inc significantly impacts the local community and motorsports culture through its organization of amateur racing events and active participation in various sports car gatherings. By promoting automobile racing, the group cultivates a vibrant community of car enthusiasts while providing opportunities for individuals to engage in competitive racing.

The organization plays a vital role in training volunteer workers, ensuring that events are well-staffed and run smoothly. This not only enhances the quality and safety of the events but also fosters a sense of camaraderie and teamwork among participants. The social gatherings and events organized throughout the year further strengthen community bonds, bringing together individuals from diverse backgrounds who share a common passion for racing.

In addition, by focusing on amateur racing, Kaw Valley Race Group encourages accessibility to the sport, allowing newcomers to experience the thrill of competition without the constraints often associated with professional racing leagues. This inclusive approach not only nurtures talent but also promotes lifelong engagement in motorsports, contributing to the growth and sustainability of the racing culture in the region.

Overall, Kaw Valley Race Group Inc serves as a cornerstone for amateur motorsports in Lenexa, KS, fostering a community that celebrates speed, skill, and shared experiences.




This information is meant to be a general summary of Kaw Valley Race Group 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
$93,208 (2023)
Expenses
$90,952 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $9
  • Program Service Revenue: $93,183
  • Gross Receipts: $93,208

Assets and Liabilities:

  • Total Assets: $46,498
  • Total Liabilities: $0
  • Net Assets: $46,498

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Organization Details

Principal Officer

Kent Prather

NTEE Category

Code: N60 - Recreation

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