Kent Narrows Racing Association Inc

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

EIN: 521773469 ✦ Chester, MD ✦ Designated as a 501(c)(4)

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Overview

What is Kent Narrows Racing Association Inc?

Kent Narrows Racing Association Inc is a nonprofit organization, located unspecified in the information, primarily focused on the promotion of powerboat racing. They have successfully completed their annual race program, demonstrating their commitment to this mission. The association's objective is to foster powerboat racing, ensuring its continuity and growth. While not explicitly mentioned, it can be inferred that their activities may include organizing races, providing resources for participants, and potentially advocating for the sport.

Is Kent Narrows Racing Association Inc legitimate?

Kent Narrows Racing Association Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Kent Narrows Racing Association 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.

What is the mission statement of Kent Narrows Racing Association Inc?

The Kent Narrows Racing Association Inc's mission is centered around promoting powerboat racing. They have successfully executed their annual race program, demonstrating their commitment to this cause. The organization's primary objective is to foster interest and participation in powerboat racing. They strive to create an environment that supports and encourages this sport, thereby promoting it within their community.

Who is the CEO of Kent Narrows Racing Association Inc?

Wheeler Baker is the President of Kent Narrows Racing Association Inc.

What is the revenue of Kent Narrows Racing Association Inc?

Kent Narrows Racing Association Inc's revenue in 2023 was $30,876.

Who are the executives of Kent Narrows Racing Association Inc and what are their salaries?


Here are 4 key members and their salaries:


Wheeler Baker (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Oliver (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martha Stewart (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Wilson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Kent Narrows Racing Association Inc?

Kent Narrows Racing Association Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.

Mission Statement of Kent Narrows Racing Association Inc

Kent Narrows Racing Association Inc, a nonprofit organization, is committed to promoting powerboat racing. Their mission is to successfully conduct an annual race program, providing a platform for this thrilling sport. By encouraging powerboat racing, the association aims to engage participants and spectators alike, fostering a sense of camaraderie and excitement within the boating community.

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Impact




October, 2024

Kent Narrows Racing Association Inc plays a significant role in promoting and supporting powerboat racing in the Chester, MD area. Through the successful completion of their annual Kent Narrows race program, they not only enhance recreational opportunities for participants and spectators but also foster a sense of community among racing enthusiasts. Their activities contribute to the local economy by attracting visitors and participants, promoting tourism, and encouraging engagement in water-based sports. Furthermore, by advocating for powerboat racing, they help preserve this exciting sport and educate the public about its benefits, thus ensuring its growth and sustainability in the region.




This information is meant to be a general summary of Kent Narrows Racing Association 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
$30,876 (2023)
Expenses
$32,462 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $44
  • Program Service Revenue: $23,352
  • Gross Receipts: $30,876

Assets and Liabilities:

  • Total Assets: $32,144
  • Total Liabilities: $0
  • Net Assets: $32,144

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Organization Details

Principal Officer

Wheeler Baker

Main Address

PO BOX 350, CHESTER, MD, 216190350

NTEE Category

Code: N70 - Recreation

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