Western Colorado Drag Racing Assn Inc

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

EIN: 841301908 ✦ Grand junction, CO ✦ Designated as a 501(c)(4)

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Overview

What is Western Colorado Drag Racing Assn Inc?

Western Colorado Drag Racing Assn Inc is a nonprofit organization that specializes in organizing drag racing events. Their primary mission is centered around these thrilling events, providing a platform for enthusiasts to showcase their skills and passion for speed. The details about the organization's specific activities or any additional mission statements were not provided in the given information, but it can be inferred that they likely involve planning, promoting, and hosting drag racing events in the Western Colorado region.


Official website here: www.wcdra.com

Is Western Colorado Drag Racing Assn Inc legitimate?

Western Colorado Drag Racing Assn Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Western Colorado Drag Racing Assn 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: $53,995
Professional Fundraising Fees: $0
Other Salaries and Wages: $62,450

For more financial information, click here


Official website here: www.wcdra.com

What is the mission statement of Western Colorado Drag Racing Assn Inc?

Western Colorado Drag Racing Assn Inc's primary focus is on organizing drag racing events. While the provided information does not explicitly state a mission statement, it can be inferred that their mission likely involves promoting and facilitating drag racing activities, providing a platform for enthusiasts and competitors. They may also aim to ensure safety, fairness, and a enjoyable experience for all participants. However, without explicit mission statement details, these are assumptions based on the provided information.


Official website here: www.wcdra.com

What is the revenue of Western Colorado Drag Racing Assn Inc?

Western Colorado Drag Racing Assn Inc's revenue in 2023 was $423,170.


Official website here: www.wcdra.com

Who are the executives of Western Colorado Drag Racing Assn Inc and what are their salaries?

The average compensation at Western Colorado Drag Racing Assn Inc during 2023 was $3,064. There are 38 employees and 25 volunteers at Western Colorado Drag Racing Assn Inc.

Here are 5 key members and their salaries:


Jeremy Styers (Director)
  • Compensation: $1,167
  • Related: $0
  • Other: $0
Mike Mccallum (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danica Stewart (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott White (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amber Peek (Manager)
  • Compensation: $53,995
  • Related: $0
  • Other: $0


Official website here: www.wcdra.com

Where can I find the form 990 for Western Colorado Drag Racing Assn Inc?

Western Colorado Drag Racing Assn Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.wcdra.com

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

Mission Statement of Western Colorado Drag Racing Assn Inc

Western Colorado Drag Racing Assocation Inc is dedicated to organizing and hosting drag racing events. Their primary mission is centered around this activity, providing a platform for enthusiasts to engage in high-speed competitions. The association is not specified to have a broader mission, such as supporting a specific cause or community, but their focus on drag racing events is their primary objective.

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Impact




October, 2024

Western Colorado Drag Racing Assn Inc has a significant impact on the local community by promoting drag racing events that foster excitement and camaraderie among enthusiasts. These events provide a platform for participants to showcase their skills and vehicles, while also drawing spectators who enjoy the thrill of high-speed racing.

The organization contributes to the local economy by attracting visitors, which can benefit local businesses in Clifton, Colorado. Additionally, drag racing events create opportunities for social interaction and community engagement, allowing participants and fans to connect over a shared passion. By organizing these events, the association helps to build a vibrant recreational culture, encouraging responsible motorsport activities and safe competition.




This information is meant to be a general summary of Western Colorado Drag Racing Assn 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.

Revenue
$423,170 (2023)
Expenses
$455,233 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $28
  • Program Service Revenue: $360,914
  • Gross Receipts: $464,524

Assets and Liabilities:

  • Total Assets: $221,188
  • Total Liabilities: $936
  • Net Assets: $220,252

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Programs

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

Race Entry Fees

Revenue

$217,677

Spectators & Crews

Revenue

$58,639

Sponsors & Billboards

Revenue

$62,949

Pit Spaces

Revenue

$21,649

Organization Details

Founding Year

1996

Principal Officer

Jeremy Styers

NTEE Category

Code: N60 - Recreation

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