Operation Motorsport Program Foundation Inc

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

EIN: 842463791 ✦ Raleigh, NC ✦ Designated as a 501(c)(3)

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Overview

What is Operation Motorsport Program Foundation Inc?

Operation Motorsport Program Foundation Inc, based in Raleigh, North Carolina, is a nonprofit organization committed to supporting medically retired or retired service members who have been impacted by their military service. Their mission is to facilitate recovery through motorsport opportunities. By offering these chances, the foundation aims to contribute positively to the lives of these individuals, providing them with a sense of community and a means to heal. The foundation operates with a focus on engaging these service members, offering them a supportive environment and the chance to participate in motorsport activities.

Is Operation Motorsport Program Foundation Inc legitimate?

Operation Motorsport Program Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Operation Motorsport Program Foundation 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: $0

For more financial information, click here

What is the mission statement of Operation Motorsport Program Foundation Inc?

Operation Motorsport Program Foundation Inc's mission is centered around utilizing motorsport activities to aid in the recovery of medically retired or retired service members who have been affected by their military service. The organization's primary goal is to provide these individuals with opportunities that can contribute to their healing process. By engaging with motorsport activities, the foundation aims to support these individuals in overcoming the challenges they may be facing. The organization's activities are designed to provide a therapeutic and rehabilitative environment, helping these service members in their journey towards recovery.

Who is the CEO of Operation Motorsport Program Foundation Inc?

Martin Lodder is the Ceo of Operation Motorsport Program Foundation Inc. The CEO's salary of Operation Motorsport Program Foundation Inc is $0 and their total compensation is $0.

What is the revenue of Operation Motorsport Program Foundation Inc?

Operation Motorsport Program Foundation Inc's revenue in 2022 was $175,846.

Who are the executives of Operation Motorsport Program Foundation Inc and what are their salaries?

There 12 volunteers at Operation Motorsport Program Foundation Inc.


There is 1 key member and their salary:


Martin Lodder (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Operation Motorsport Program Foundation Inc?

Operation Motorsport Program Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Operation Motorsport Program Foundation Inc

Operation Motorsport Program Foundation Inc is committed to assisting medically retired or retired service members who have been impacted by their military service. Their mission involves engaging these individuals through the opportunities offered by motorsports, aiming to aid in their recovery process. By leveraging the thrill and camaraderie of motorsports, the foundation seeks to provide a therapeutic and rehabilitative environment for these individuals, helping them to overcome the challenges they face as a result of their military service.

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Impact




October, 2024

Operation Motorsport Program Foundation Inc impacts the lives of medically retired or retired service members by providing them with engaging opportunities in motorsports. This initiative focuses on aiding their recovery and rehabilitation, helping these individuals navigate the challenges they face after military service. By leveraging the excitement and community found in motorsports, participants not only develop new skills but also foster connections with others who share similar experiences. The program creates a supportive environment that promotes healing, resilience, and a sense of purpose, ultimately enhancing the overall well-being of these service members.




This information is meant to be a general summary of Operation Motorsport Program Foundation 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
$175,846 (2022)
Expenses
$223,502 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $175,846

Assets and Liabilities:

  • Total Assets: $259,961
  • Total Liabilities: $156,520
  • Net Assets: $103,441

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Organization Details

Founding Year

2019

Principal Officer

Martin Lodder

Main Address

4509 Creedmoor Road Unit 501, Raleigh, NC, 27612

NTEE Category

Code: P20 - Human services

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