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Checkered Flag Committee Inc

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

EIN: 593169440 ✦ Daytona beach, FL ✦ Designated as a 501(c)(6)

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Overview

What is Checkered Flag Committee Inc?

Checkered Flag Committee Inc is a nonprofit organization situated in Volusia County, Florida. Their primary objective is to foster the growth and advancement of the motorsports entertainment industry and related events, while also promoting the economic benefits associated with these activities. To achieve this, they actively assist in promoting interest in motorsports and educate the public about the positive impact these events have on the local economy. By supporting the expansion of motorsports activities, Checkered Flag Committee Inc aims to contribute to the overall development of this sector and raise public awareness of its advantages.

Is Checkered Flag Committee Inc legitimate?

Checkered Flag Committee Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Checkered Flag Committee 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 Checkered Flag Committee Inc?

The mission of Checkered Flag Committee Inc is centered around promoting the growth and interest in motorsports entertainment and related activities. They aim to educate the public on the economic benefits associated with these activities. Furthermore, the organization actively assists in the promotion of motorsports, using educational strategies to spread awareness about the positive impacts of these activities. Their primary objective is to contribute to the economic growth within the motorsports industry.

Who is the CEO of Checkered Flag Committee Inc?

Robert Johnson is the Treasurer of Checkered Flag Committee Inc.

What is the revenue of Checkered Flag Committee Inc?

Checkered Flag Committee Inc's revenue in 2021 was $21,200.

Who are the executives of Checkered Flag Committee Inc and what are their salaries?


Here are 8 key members and their salaries:


Doug Reece (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rufus Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Sznapstajler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Freer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Cameron (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Huth (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Johnson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Maroney (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Checkered Flag Committee Inc?

Checkered Flag Committee Inc's most recent form 990EZ was submitted in 2021 and can be accessed here.

Mission Statement of Checkered Flag Committee Inc

Checkered Flag Committee Inc is dedicated to promoting the economic growth and business interests of the motorsports entertainment and industry activities. This nonprofit organization aims to educate the public about the economic benefits derived from such activities and related sporting events held in various locations. Moreover, Checkered Flag Committee Inc actively assists in promoting the interest and growth of motorsports activities. By doing so, the organization seeks to highlight the positive impact of these events on the local economy and the broader community.

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Impact




October, 2024

Checkered Flag Committee Inc plays a significant role in fostering the growth of motorsports and related industries in Volusia County, Florida. By actively promoting business interests tied to motorsports entertainment, the organization helps drive economic development in the region, which not only boosts local businesses but also enhances the overall economic landscape.

The committee's efforts in education are pivotal, as they increase public awareness of the economic benefits associated with motorsports events. This education fosters community engagement and encourages participation in local sporting activities, thereby amplifying the cultural and economic vitality of the area.

Through its initiatives, Checkered Flag Committee Inc also contributes to community improvement, ensuring that the benefits of motorsports extend beyond the racetrack to encompass broader community enhancements, making Daytona Beach and its surroundings a vibrant destination for both residents and visitors alike. This impact creates a sustainable cycle of growth, engagement, and improvement within the motorsports sector and the local economy.




This information is meant to be a general summary of Checkered Flag Committee 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
$21,200 (2021)
Expenses
$44,585 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $16,407
  • Gross Receipts: $51,426

Assets and Liabilities:

  • Total Assets: $229,140
  • Total Liabilities: $0
  • Net Assets: $229,140

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Organization Details

Principal Officer

Robert Johnson

Main Address

825 BALLOUGH RD 400, DAYTONA BEACH, FL, 32114

NTEE Category

Code: S41 - Community improvement

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