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Central Iowa Race Corporation

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

EIN: 710955135 ✦ Clive, IA ✦ Designated as a 501(c)(3)

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Overview

What is Central Iowa Race Corporation?

Central Iowa Race Corporation is a nonprofit organization with a unique mission. Situated in the region, they specialize in organizing road races at Living History Farms. The primary objective of this organization is to generate surplus funds through these events, which are then donated to charitable causes. Unfortunately, due to the ongoing pandemic, no events have been held recently. Despite the current situation, Central Iowa Race Corporation remains committed to its philanthropic mission, eagerly awaiting the opportunity to resume its activities and make a positive impact in the community through charity donations.

Is Central Iowa Race Corporation legitimate?

Central Iowa Race Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central Iowa Race Corporation 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 Central Iowa Race Corporation?

The Central Iowa Race Corporation's mission is to organize and manage road races at historical sites. Their primary goal is to donate any surplus proceeds to charitable organizations. Unfortunately, due to the pandemic, they have had to postpone their events. In normal circumstances, their activities contribute to charitable causes by generating funds through racing events.

Who is the CEO of Central Iowa Race Corporation?

Unavailable

What is the revenue of Central Iowa Race Corporation?

Central Iowa Race Corporation's revenue in 2022 was $30,155.

Who are the executives of Central Iowa Race Corporation and what are their salaries?


Here are 2 key members and their salaries:


Steven Bobenhouse (Pres/Treas)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Lavender-Bobenhouse (V-Pres/Sec)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Central Iowa Race Corporation?

Central Iowa Race Corporation's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Central Iowa Race Corporation

Central Iowa Race Corporation, a non-profit organization, is dedicated to directing and managing road races at living history farms. The primary aim of this organization is to generate surplus funds from these events, which are then donated to charitable causes. Unfortunately, due to the pandemic, no events have been held, halting the charity donations temporarily. The corporation's mission revolves around using the power of sports and community engagement to contribute positively to societal needs, demonstrating its commitment to charitable giving.

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Impact




August, 2024

Central Iowa Race Corporation has a significant impact in the Clive, Iowa community by organizing and operating road races at Living History Farms. The corporation directs these events with the goal of generating surplus proceeds that are then donated to various charitable causes. This philanthropic approach to organizing races demonstrates the company's commitment to giving back to the community and supporting important causes.




This information is meant to be a general summary of Central Iowa Race Corporation. 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
$30,155 (2022)
Expenses
$14,569 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $30,155

Assets and Liabilities:

  • Total Assets: $119,520
  • Total Liabilities: $0
  • Net Assets: $119,520

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Organization Details

Main Address

9349 LINCOLN AVE, CLIVE, IA, 503256325

NTEE Category

Code: T20 - Philanthropy

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