Overview
What is Alabama Track Owners Association?
The Alabama Track Owners Association is a nonprofit organization situated in Montgomery, Alabama. Its primary objective is to advocate for policies that benefit the racetrack gaming industry. By formulating, communicating, and advocating for policies that are favorable to this sector, the association aims to enhance Alabama's economy and support the state's economic development. Recently, they launched a television ad campaign to encourage lawmakers to approve a constitutional amendment, allowing voters to decide on a lottery and casinos. This initiative, they believe, could potentially generate $700 million annually and create job opportunities.
Is Alabama Track Owners Association legitimate?
Alabama Track Owners Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Alabama Track Owners Association 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 Alabama Track Owners Association?
The Alabama Track Owners Association works towards promoting the well-being of the racetrack gaming industry. They accomplish this by formulating, communicating, and advocating policies that are beneficial to the industry. This mission also includes enhancing the economy of Alabama and supporting the economic development of the state as an added benefit. Recently, they launched a television advertising campaign encouraging lawmakers to approve a constitutional amendment, allowing voters to decide on the introduction of a lottery and casinos. If approved, this could potentially generate $700 million annually and create job opportunities.
Who is the CEO of Alabama Track Owners Association?
Brent Pinkston is the President of Alabama Track Owners Association.
What is the revenue of Alabama Track Owners Association?
Alabama Track Owners Association's revenue in 2022 was $254,422.
Who are the executives of Alabama Track Owners Association and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Alabama Track Owners Association?
Alabama Track Owners Association's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Alabama Track Owners Association
Alabama Track Owners Association, a group composed of the owners of the state's greyhound tracks, is dedicated to promoting the general welfare of the racetrack gaming industry. Their mission involves formulating, communicating, and advocating policies that are beneficial to the industry. This association aims to enhance the economy of Alabama and support its economic development. By advocating for policies favorable to the industry, the Alabama Track Owners Association seeks to generate significant revenue and create job opportunities. According to their television campaign, the potential revenue from a lottery and casinos could reach $700 million annually. This initiative by the association could significantly contribute to the state's economy.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Alabama Track Owners Association plays a significant role in shaping the racetrack gaming landscape in the state. By advocating for policies that favor the industry, the organization aims to enhance the general welfare of racetracks, proposing initiatives such as a constitutional amendment to allow voters the option of a lottery and casinos. This effort is not merely about racing; it impacts the broader economic environment in Alabama.
With a potential to generate approximately $700 million annually, according to their campaign, the approval of gaming options could stimulate economic growth, leading to the creation of jobs and additional revenue streams for the state. The association's actions reflect a concerted effort to communicate the benefits of racetrack gaming and its contributions to local economies, thereby supporting the overall economic development of Alabama.
This information is meant to be a general summary of Alabama Track Owners Association. 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.
- Gross Receipts: $254,422
Assets and Liabilities:
- Total Assets: $199
- Total Liabilities: $0
- Net Assets: $199
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2021
Principal Officer
Brent Pinkston
Main Address
303 POARCH ROAD, MONTGOMERY, AL, 36502
NTEE Category
Code: S41 - Community improvement
If you are a representative of Alabama Track Owners Association and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.