Overview
What is Motorcycle Roadracing Association Inc?
Motorcycle Roadracing Association Inc, based in Greenwood Village, Colorado, is a nonprofit organization dedicated to promoting and fostering the advancement, appreciation, and perpetuation of safe, affordable, and competitive motorcycle roadracing events in the Rocky Mountain region. They provide these events to their members at economical costs. The association's mission is to create a vibrant and supportive community around motorcycle roadracing, encouraging participation and passion for the sport in the region.
Is Motorcycle Roadracing Association Inc legitimate?
Motorcycle Roadracing Association Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Motorcycle Roadracing 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: $21,954
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Motorcycle Roadracing Association Inc?
The Motorcycle Roadracing Association Inc, in its mission, aims to promote and foster the advancement, appreciation, and perpetuation of safe, affordable, and competitive motorcycle roadracing events. This organization strives to encourage these activities in the Rocky Mountain region, fostering a sense of community and camaraderie among motorcycle enthusiasts. One of their key objectives is to provide these events at an inexpensive cost to their members, making the sport accessible to a wider audience. By doing so, Motorcycle Roadracing Association Inc plays a significant role in nurturing and sustaining the passion for motorcycle roadracing.
Who is the CEO of Motorcycle Roadracing Association Inc?
Chris Terranami is the President of Motorcycle Roadracing Association Inc.
What is the revenue of Motorcycle Roadracing Association Inc?
Motorcycle Roadracing Association Inc's revenue in 2022 was $296,759.
Who are the executives of Motorcycle Roadracing Association Inc and what are their salaries?
Here are 16 key members and their salaries:
- Compensation: $4,635
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- Other: $0
- Compensation: $3,490
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- Compensation: $3,325
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- Compensation: $3,220
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- Compensation: $2,695
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- Other: $0
- Compensation: $2,625
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- Other: $0
- Compensation: $1,870
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- Other: $0
- Compensation: $91
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- Other: $0
- Compensation: $1
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- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Motorcycle Roadracing Association Inc?
Motorcycle Roadracing Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Motorcycle Roadracing Association Inc
The Motorcycle Roadracing Association Inc, in its mission, aims to foster and encourage the advancement, appreciation, and perpetuation of safe, affordable, and competitive motorcycle roadracing events in the Rocky Mountain region. This nonprofit organization's primary focus is on promoting these events, instilling an appreciation for them, and ensuring their longevity. To achieve this, Motorcycle Roadracing Association Inc provides racing opportunities at an affordable cost to its members, thereby making the sport accessible to a wider audience. The association's mission is a testament to its commitment to the growth and popularity of motorcycle roadracing within the Rocky Mountain region, while prioritizing safety and affordability.
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Impact
October, 2024
Motorcycle Roadracing Association Inc plays a crucial role in promoting and fostering motorcycle roadracing in the Rocky Mountain region. By emphasizing safety, affordability, and competition, the organization creates an environment where enthusiasts can engage in the sport without prohibitive costs. This accessibility not only encourages more individuals to participate but also cultivates a community around motorcycle racing.
The association's efforts ensure that racing events are conducted safely, prioritizing the well-being of participants while maintaining the excitement and competitiveness that draws racers and fans alike. Through their activities, the Motorcycle Roadracing Association Inc helps to enrich the local culture of motor sports, providing a platform for both seasoned racers and newcomers to experience the thrill of the track.
Additionally, the organization contributes to the local economy by drawing participants and spectators to events, fostering camaraderie, and creating lasting memories within the community. Overall, their commitment to safe and competitive racing has a significant and positive impact on both the sport and its participants in the Rocky Mountain region.
This information is meant to be a general summary of Motorcycle Roadracing 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: $5
- Program Service Revenue: $227,773
- Gross Receipts: $296,759
Assets and Liabilities:
- Total Assets: $70,994
- Total Liabilities: $3
- Net Assets: $70,991
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RACING
Revenue
$227,773
Organization Details
Founding Year
1989
Phone
(303) 810-3960Principal Officer
Chris Terranami
Main Address
PO BOX 4131, GREENWOOD VILLAGE, CO, 80015
NTEE Category
Code: N50 - Recreation
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