Overview
What is Race Team Alliance Inc?
Race Team Alliance Inc, based in Charlotte, North Carolina, serves as a collective platform for its members to support, uplift, and expand the realm of stock car racing. Established with a mission to preserve, promote, and advance the long-term interests of racing teams, the organization strives to collaboratively improve the sport for its members. With a team of five employees, Race Team Alliance Inc works towards the betterment of stock car racing, aiming to create value for its members and contribute to the sustained growth of the sport.
Official website here: www.raceteamalliance.com
Is Race Team Alliance Inc legitimate?
Race Team Alliance Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Race Team Alliance 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: $397,505
Professional Fundraising Fees: $0
Other Salaries and Wages: $95,100
For more financial information, click here
Official website here: www.raceteamalliance.com
What is the mission statement of Race Team Alliance Inc?
Race Team Alliance Inc's mission is centered around preserving, promoting, and fostering the growth of stock car racing. Their primary objective is to safeguard the long-term interests of racing teams. They aim to achieve this collectively, working collaboratively for the betterment of the sport and creating value for its members. The organization serves as a platform where racing teams can collectively preserve, promote, and advance the sport of stock car racing. They strive to ensure the sport's continuous development and the prosperity of its participating teams.
Official website here: www.raceteamalliance.com
What is the revenue of Race Team Alliance Inc?
Race Team Alliance Inc's revenue in 2023 was $1,062,041.
Official website here: www.raceteamalliance.com
Who are the executives of Race Team Alliance Inc and what are their salaries?
The average compensation at Race Team Alliance Inc during 2023 was $164,202. There are 3 employees at Race Team Alliance Inc.
Here are 10 key members and their salaries:
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- Compensation: $367,400
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- Other: $30,105
Official website here: www.raceteamalliance.com
Where can I find the form 990 for Race Team Alliance Inc?
Race Team Alliance Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.raceteamalliance.com
Learn more at the official website: www.raceteamalliance.com
Mission Statement of Race Team Alliance Inc
Race Team Alliance Inc, a collective organization, is dedicated to preserving, promoting, and fostering the growth of stock car racing. Their primary objective is to safeguard the long-term interests of racing teams. By working collaboratively, this nonprofit aims to enhance the sport and create value for its members, collectively contributing to its betterment.
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Impact
October, 2024
Race Team Alliance Inc plays a pivotal role in the preservation, promotion, and growth of stock car racing. By serving as a collective organization for racing teams, it fosters collaboration among its members to address common challenges and opportunities in the sport. This synergistic approach enhances the value of stock car racing, ensuring that the interests of the teams are advanced in a sustainable manner.
The organization's efforts contribute to the overall betterment of the sport, creating a robust framework that supports its long-term viability. By advocating for the collective needs of racing teams, Race Team Alliance Inc helps to strengthen the community around stock car racing, encouraging increased participation and fan engagement. As a result, it not only champions the interests of its members but also works to elevate the profile of stock car racing as a whole, reinforcing its place as a significant element of motorsport culture.
This information is meant to be a general summary of Race Team Alliance 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $41
- Program Service Revenue: $1,062,000
- Gross Receipts: $1,062,041
Assets and Liabilities:
- Total Assets: $302,400
- Total Liabilities: $48,729
- Net Assets: $253,671
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$1,062,000
Organization Details
Founding Year
2014
Principal Officer
Jonathan Marshall
Website
www.raceteamalliance.comNTEE Category
Code: S41 - Community improvement
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