Overview
What is Chrims Inc?
Chrims Inc, located in Pleasanton, California, serves as a vital entity within the horse racing industry. As a nonprofit organization, its primary role is to maintain and advance technological applications for this sector. Under the guidance of the California Horse Racing Board, Chrims Inc operates an extensive database and telecommunications network, making critical information accessible to all relevant parties. This network enables the industry to better market its product, utilizing statistical data provided by the organization. Offering technical assistance is another key function of Chrims Inc, encompassing database, telecommunications, and other related activities. With a workforce of 31, the organization remains committed to supporting the California racing industry, particularly in areas of pari-mutuel settlements and accounting.
Official website here: www.chrims.com/
Is Chrims Inc legitimate?
Chrims Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Chrims 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: $708,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,208,906
For more financial information, click here
Official website here: www.chrims.com/
What is the mission statement of Chrims Inc?
Chrims Inc's mission is centered around maintaining and developing applications for the horse racing industry. Their primary focus is on providing technology services, specifically in the California racing sector, encompassing pari-mutuel settlements and accounting. The organization manages an accounting and information database for the horse racing industry under the guidance of the California Horse Racing Board. They operate a telecommunications network for California horse racing, ensuring all parties have access to the database. Chrims Inc develops and continually improves database applications, providing statistical information that helps the horse racing industry better market its products. Additionally, they offer technical assistance to their members, covering various activities such as database and telecommunications services.
Official website here: www.chrims.com/
Who is the CEO of Chrims Inc?
Gunner Lacour is the President of Chrims Inc.
Official website here: www.chrims.com/
What is the revenue of Chrims Inc?
Chrims Inc's revenue in 2022 was $3,596,061.
Official website here: www.chrims.com/
Who are the executives of Chrims Inc and what are their salaries?
The average compensation at Chrims Inc during 2022 was $61,852. There are 31 employees and 7 volunteers at Chrims Inc.
Here are 17 key members and their salaries:
- Compensation: $185,000
- Related: $0
- Other: $0
- Compensation: $180,000
- Related: $0
- Other: $2,993
- Compensation: $170,000
- Related: $0
- Other: $290
- Compensation: $105,000
- Related: $0
- Other: $15,264
- Compensation: $173,500
- Related: $0
- Other: $36,248
- Compensation: $128,400
- Related: $0
- Other: $30,418
- Compensation: $110,000
- Related: $0
- Other: $14,425
- Compensation: $107,000
- Related: $0
- Other: $6,532
- Compensation: $114,000
- Related: $0
- Other: $23,689
- Compensation: $103,000
- Related: $0
- Other: $5,223
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.chrims.com/
Where can I find the form 990 for Chrims Inc?
Chrims Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.chrims.com/
Learn more at the official website: www.chrims.com/
Mission Statement of Chrims Inc
Chrims Inc, a notable entity in the horse racing industry, is committed to maintaining and developing applications for this sector. Their primary mission is to provide technology services, with a significant focus on supporting the California racing industry. This encompasses pari-mutuel settlements and accounting, ensuring a seamless and efficient operation within the industry.
Under the guidance of the California Horse Racing Board, Chrims Inc operates an accounting and information database that serves the horse racing industry. This database is a crucial tool, allowing all parties involved in horse racing to access and utilize the information it holds. Moreover, Chrims Inc manages the telecommunications network for California horse racing, enabling broad access to this database.
In addition to maintaining these functions, Chrims Inc actively develops and enhances database applications. These applications provide statistical information, enabling the horse racing industry to better market its product. Furthermore, Chrims Inc offers technical assistance to its members, extending their capabilities in areas such as database management, telecommunications, and other related activities. This comprehensive approach to supporting the horse racing industry has positioned Chrims Inc as a vital player in this field.
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Impact
October, 2024
Chrims Inc significantly enhances the horse racing industry by maintaining and developing applications that streamline operations and improve access to critical data. By operating an extensive accounting and information database under the oversight of the California Horse Racing Board, Chrims Inc ensures that stakeholders have reliable access to essential information. This includes telecommunication networks that connect all parties involved in the industry, reinforcing transparency and operational efficiency.
The organization plays a vital role in providing statistical information that aids in the marketing of horse racing products, ultimately attracting more participants and fans. Through ongoing technical assistance, Chrims Inc empowers its members by offering expertise in database management, telecommunications, and other essential activities, ensuring that they can operate effectively in a competitive market. Overall, Chrims Inc acts as a backbone for the California horse racing industry, fostering growth, innovation, and collaboration within the sector.
This information is meant to be a general summary of Chrims 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.
- Program Service Revenue: $3,596,061
- Gross Receipts: $3,596,061
Assets and Liabilities:
- Total Assets: $2,287,061
- Total Liabilities: $1,042,175
- Net Assets: $1,244,886
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARIMUTUEL DISTRIBUTIO
Revenue
$970,190
TELECOMMUNICATIONS
Revenue
$928,230
PROFESSIONAL SERVICES
Revenue
$641,122
MANAGEMENT FEES
Revenue
$421,765
UNCLAIMED VOUCHERS
Revenue
$392,645
Organization Details
Founding Year
1990
Phone
(925) 307-7029Principal Officer
Gunner Lacour
Main Address
PO BOX 1509, PLEASANTON, CA, 94566
Website
www.chrims.com/NTEE Category
Code: N99 - Recreation
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