Overview
What is Caribbean Drag Racing Association Inc?
Caribbean Drag Racing Association Inc, based in Christiansted, US Virgin Islands, is a nonprofit organization with a primary mission to encourage safe and organized drag racing activities within the region. Their purpose is to provide a structured environment for this sport, ensuring the safety of all participants. The association's work remains focused on the US Virgin Islands, underscoring their commitment to the local community.
Is Caribbean Drag Racing Association Inc legitimate?
Caribbean Drag Racing Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Caribbean Drag Racing Association 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Caribbean Drag Racing Association Inc?
The Caribbean Drag Racing Association Inc, as its mission, focuses on advocating for safe and organized drag racing activities within the United States Virgin Islands. This mission is carried out with a structured approach, ensuring the safety and enjoyment of all participants involved in the sport. The association's primary goal is to foster an environment that encourages the growth and development of drag racing in the region.
Who is the CEO of Caribbean Drag Racing Association Inc?
Arthur S Hector Sr is the President of Caribbean Drag Racing Association Inc.
What is the revenue of Caribbean Drag Racing Association Inc?
Caribbean Drag Racing Association Inc's revenue in 2022 was $686,245.
Who are the executives of Caribbean Drag Racing Association Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Caribbean Drag Racing Association Inc?
Caribbean Drag Racing Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Caribbean Drag Racing Association Inc
Caribbean Drag Racing Association Inc, as its name suggests, is committed to promoting safe and structured drag racing within the United States Virgin Islands. This mission is a fundamental aspect of its operations, aiming to ensure that the sport is conducted in a responsible and well-organized manner. By prioritizing safety and structure, the association seeks to foster an enjoyable and inclusive environment for all participants involved in drag racing.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Caribbean Drag Racing Association Inc plays a significant role in promoting safe and structured drag racing in the US Virgin Islands. By providing a regulated environment for enthusiasts, the association helps to channel the passion for racing into a controlled setting, reducing the risks associated with illegal street racing. This initiative not only enhances the safety of participants and spectators but also fosters a sense of community among racers and fans.
Additionally, the association contributes to the local economy by organizing events that attract visitors and participants, creating opportunities for local businesses to thrive. It encourages responsible racing practices and emphasizes the importance of safety measures, thereby helping to cultivate a culture of respect for the sport and its regulations. Overall, the Caribbean Drag Racing Association Inc significantly enriches the recreational landscape of the Virgin Islands, promoting not just the thrill of racing but also community spirit and responsible practices.
This information is meant to be a general summary of Caribbean Drag 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $207
- Gross Receipts: $686,245
Assets and Liabilities:
- Total Assets: $682,783
- Total Liabilities: $1
- Net Assets: $682,782
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Phone
(340) 773-0398Principal Officer
Arthur S Hector Sr
Main Address
PO Box 6734, Christiansted, VI, 00823
NTEE Category
Code: N60 - Recreation
If you are a representative of Caribbean Drag Racing Association Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.