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Central Motorcycle Roadracing

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

EIN: 760346716 ✦ Waco, TX ✦ Designated as a 501(c)(7)

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Overview

What is Central Motorcycle Roadracing?

Central Motorcycle Roadracing is a nonprofit organization dedicated to promoting amateur motorcycle road races while emphasizing safety. They achieve this by licensing their members and conducting safety schools. The association offers accredited racing programs and organizes events in the southern central part of the United States, providing a platform for aspiring racers. Their goal is to ensure a secure and enjoyable racing experience for all participants.


Official website here: www.cmraracing.com

Is Central Motorcycle Roadracing legitimate?

Central Motorcycle Roadracing is a legitimate nonprofit organization registered as a 501(c)(7) entity. Central Motorcycle Roadracing 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: $66,035

For more financial information, click here


Official website here: www.cmraracing.com

What is the mission statement of Central Motorcycle Roadracing?

Central Motorcycle Roadracing, as an association, is dedicated to promoting amateur road races while emphasizing safety. They achieve this by licensing their members and providing safety training through accredited schools. The organization's activities are focused on the south central region of the United States, where they organize amateur road races for enthusiasts. By prioritizing safety and offering these racing opportunities, Central Motorcycle Roadracing aims to foster a community of responsible and skilled motorcycle riders.


Official website here: www.cmraracing.com

Who is the CEO of Central Motorcycle Roadracing?

Jeff Phillips is the President of Central Motorcycle Roadracing.


Official website here: www.cmraracing.com

What is the revenue of Central Motorcycle Roadracing?

Central Motorcycle Roadracing's revenue in 2022 was $491,892.


Official website here: www.cmraracing.com

Who are the executives of Central Motorcycle Roadracing and what are their salaries?

The average compensation at Central Motorcycle Roadracing during 2022 was $33,018. There are 2 employees at Central Motorcycle Roadracing.


Here are 8 key members and their salaries:


Allan Boyd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Henke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Hertell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Rutkowski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Desimone (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kasey Lewis (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Phillips (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walter Walker (Coo)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cmraracing.com

Where can I find the form 990 for Central Motorcycle Roadracing?

Central Motorcycle Roadracing's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cmraracing.com

Learn more at the official website: www.cmraracing.com

Mission Statement of Central Motorcycle Roadracing

Central Motorcycle Roadracing, abbreviated as CMRA, is dedicated to the promotion of amateur road races while maintaining a strong emphasis on safety. They achieve this by licensing their members and offering safety schools. The association is renowned for its accredited racing schools, providing a platform for aspiring racers to hone their skills. Furthermore, CMRA organizes amateur road races in the south central region of the United States, offering a competitive and secure environment for motorcycle enthusiasts.

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Impact




October, 2024

Central Motorcycle Roadracing plays a significant role in enhancing the amateur road racing scene in the south central United States. By organizing events and providing a structured environment for racers, it fosters a community where enthusiasts can engage in safe competition. The association emphasizes safety through its licensing program and dedicated safety schools, ensuring that participants are well-informed and prepared for the challenges of racing.

This commitment to safety not only reduces risks for competitors but also promotes a culture of responsibility and awareness among riders. Central Motorcycle Roadracing’s accredited racing schools equip racers with essential skills and knowledge, addressing critical aspects of both performance and safety. As a result, the association not only cultivates talent but also contributes to the overall growth and sustainability of amateur motorcycle racing in the region, attracting new participants and fostering a vibrant recreational scene.




This information is meant to be a general summary of Central Motorcycle Roadracing. 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
$491,892 (2022)
Expenses
$497,150 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $491,892
  • Gross Receipts: $491,892

Assets and Liabilities:

  • Total Assets: $19,728
  • Total Liabilities: $1,268
  • Net Assets: $18,460

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

AMATEUR ROAD RACES & SCHOOL

Revenue

$431,329

LICENSES

Revenue

$60,563

Organization Details

Founding Year

1991

Principal Officer

Jeff Phillips

Main Address

5900 FRANKLIN AVE 36, WACO, TX, 76710

NTEE Category

Code: N60 - Recreation

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