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Greater Fairbanks Racing Assn

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

EIN: 920041453 ✦ Fairbanks, AK ✦ Designated as a 501(c)(3)

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Overview

What is Greater Fairbanks Racing Assn?

Greater Fairbanks Racing Assn is a nonprofit organization based in Fairbanks, Alaska, serving as an amateur sports club or league. Their primary mission is to offer non-profit auto racing events in the area, contributing to the local community's recreational activities. The association's core purpose is to provide a platform for racing enthusiasts in Fairbanks, promoting a sense of camaraderie and competition.


Official website here: www.fairbanksracing.org/

Is Greater Fairbanks Racing Assn legitimate?

Greater Fairbanks Racing Assn is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater Fairbanks Racing Assn submitted a form 990EZ, 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.


Official website here: www.fairbanksracing.org/

What is the mission statement of Greater Fairbanks Racing Assn?

The Greater Fairbanks Racing Association, functioning as an amateur sports organization, is dedicated to offering non-profit auto racing activities. Their primary mission is to facilitate and promote auto racing events within their community, without financial gain as their primary objective. By providing this service, they contribute to the recreational and competitive interests of their members and the broader community.


Official website here: www.fairbanksracing.org/

Who is the CEO of Greater Fairbanks Racing Assn?

Monte Pearson is the President of Greater Fairbanks Racing Assn.


Official website here: www.fairbanksracing.org/

What is the revenue of Greater Fairbanks Racing Assn?

Greater Fairbanks Racing Assn's revenue in 2022 was $74,982.


Official website here: www.fairbanksracing.org/

Who are the executives of Greater Fairbanks Racing Assn and what are their salaries?


Here are 10 key members and their salaries:


Monte Pearson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Moore (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Annette Sundberg (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angel Macphee (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Thomas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Braden Anders (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Coghill (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Coghill (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Melson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rodney Koenig (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.fairbanksracing.org/

Where can I find the form 990EZ for Greater Fairbanks Racing Assn?

Greater Fairbanks Racing Assn's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.fairbanksracing.org/

Learn more at the official website: www.fairbanksracing.org/

Mission Statement of Greater Fairbanks Racing Assn

Greater Fairbanks Racing Association, as a non-profit organization, is dedicated to promoting auto racing in a community setting. Their mission is to provide an avenue for amateur racing enthusiasts in Alaska, specifically in Fairbanks. The association aims to organize and facilitate racing events that are accessible to everyone, fostering a sense of camaraderie and competition within the automotive community. By offering non-profit racing opportunities, Greater Fairbanks Racing Association contributes to the local recreational scene, providing entertainment and engagement for both participants and spectators.

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Impact




October, 2024

Greater Fairbanks Racing Association significantly contributes to the local community in Fairbanks, Alaska, by promoting and organizing amateur auto racing events. Their activities foster a sense of community, bringing together racing enthusiasts, families, and spectators to share in the excitement of motorsport. This engagement not only provides entertainment but also encourages local participation in sporting activities, enhancing the overall recreation landscape of the area.

The Association’s focus on amateur racing creates opportunities for local drivers to showcase their skills and for the community to rally around these athletes, thereby strengthening social connections. Furthermore, the events they organize often stimulate local economic activity, attracting visitors and vendors to the area, which can lead to increased business for local shops and services.

By nurturing a space for safe and organized racing, the Greater Fairbanks Racing Association plays a vital role in promoting sportsmanship, camaraderie, and recreational opportunities in Fairbanks, enriching the community's cultural landscape and providing a platform for personal and collective enjoyment.




This information is meant to be a general summary of Greater Fairbanks Racing Assn. 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
$74,982 (2022)
Expenses
$91,537 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $67,861
  • Gross Receipts: $78,886

Assets and Liabilities:

  • Total Assets: $200,846
  • Total Liabilities: $0
  • Net Assets: $200,846

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Organization Details

Principal Officer

Monte Pearson

Main Address

PO BOX 72611, FAIRBANKS, AK, 99707

NTEE Category

Code: N99Z - Recreation

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