Overview
What is Lost Creek Raceway Association Inc?
Lost Creek Raceway Association Inc is a nonprofit organization based in Anaconda, Montana. Their primary mission is to promote automobile racing and ensure a safe and controlled environment for all participants, including men, women, and children. To achieve this goal, they organized 20 race days throughout 2021, attracting an average of 50-60 cars per race. Prior to each event, they conduct technical safety seminars to promote an affordable and safe racing atmosphere. These seminars aim to deter illegal drag racing on streets and highways. The association is led by a team of five dedicated individuals.
Is Lost Creek Raceway Association Inc legitimate?
Lost Creek Raceway Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lost Creek Raceway 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: $5,996
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What is the mission statement of Lost Creek Raceway Association Inc?
The Lost Creek Raceway Association Inc, through its activities, aims to promote automobile racing while ensuring safety. They accomplish this by hosting 20 race days annually, attracting an average of 50-60 cars per race. Prior to each event, they conduct a series of technical safety seminars to foster an affordable and safe racing atmosphere. This initiative is undertaken with the objective of preventing illegal drag racing on streets and highways. Overall, the association provides a controlled environment for racing enthusiasts of all ages, including men, women, and children.
Who is the CEO of Lost Creek Raceway Association Inc?
Suzanne Hall is the President of Lost Creek Raceway Association Inc.
What is the revenue of Lost Creek Raceway Association Inc?
Lost Creek Raceway Association Inc's revenue in 2022 was $173,434.
Who are the executives of Lost Creek Raceway Association Inc and what are their salaries?
The average compensation at Lost Creek Raceway Association Inc during 2022 was $1,199. There are 5 employees and 5 volunteers at Lost Creek Raceway Association Inc.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Lost Creek Raceway Association Inc?
Lost Creek Raceway Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lost Creek Raceway Association Inc
Lost Creek Raceway Association Inc is dedicated to promoting automobile racing and ensuring a safe environment for all participants. To achieve this mission, the organization hosts 20 race days annually, attracting an average of 50-60 cars per event. Prior to each race, Lost Creek Raceway Association Inc organizes a series of technical safety seminars. These seminars serve a dual purpose: to promote an affordable and safe racing atmosphere and to discourage illegal drag racing on streets and highways. By offering these safety events, the association aims to provide a controlled environment where men, women, and children can participate in racing activities without compromising safety.
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Impact
October, 2024
Lost Creek Raceway Association Inc plays a significant role in the local community by promoting safe automobile racing and fostering a controlled environment for motorsport enthusiasts. In 2021, the association organized 20 race days, averaging 50 to 60 cars per race, which not only draws participants but also spectators, contributing to local engagement and tourism in Anaconda, MT.
One of the key impacts of the association is its commitment to safety; prior to each race, it hosts technical safety seminars aimed at promoting an affordable and safe racing atmosphere. By educating drivers and the community about racing safety, the association seeks to deter illegal drag racing on public streets and highways, significantly enhancing road safety.
Additionally, the presence of organized racing events provides a constructive outlet for car enthusiasts of all ages, including men, women, and children, reinforcing community spirit and offering recreational opportunities. Overall, Lost Creek Raceway Association Inc serves as a vital resource for promoting motorsport culture while prioritizing safety and community wellbeing.
This information is meant to be a general summary of Lost Creek Raceway 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: $34
- Program Service Revenue: $118,278
- Gross Receipts: $193,956
Assets and Liabilities:
- Total Assets: $129,686
- Total Liabilities: $59,154
- Net Assets: $70,532
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Organization Details
Founding Year
2016
Phone
(406) 491-4403Principal Officer
Suzanne Hall
Main Address
PO BOX 655, ANACONDA, MT, 59711
NTEE Category
Code: N60 - Recreation
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