Valley Isle Timing Association

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

EIN: 990237316 ✦ Kahului, HI ✦ Designated as a 501(c)(3)

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Overview

What is Valley Isle Timing Association?

Valley Isle Timing Association is a nonprofit organization situated in Kahului, Hawaii. Their primary mission is to foster a sense of camaraderie and sportsmanship among their members and the wider community. Additionally, they aim to educate and enlighten individuals about the safe operation and fundamental mechanics of motor vehicles. By promoting understanding and proficiency in this area, they strive to ensure the responsible use of motor vehicles. Their activities and initiatives are geared towards regulating motor sports events, ultimately contributing to a safer and more informed community.

Is Valley Isle Timing Association legitimate?

Valley Isle Timing Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Valley Isle Timing 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 Valley Isle Timing Association?

The Valley Isle Timing Association's mission revolves around promoting and fostering a comprehensive understanding of the safe usage and mechanical operations of motor vehicles. It encourages learning and comprehension among its members and the broader community. Furthermore, the organization aims to cultivate good sportsmanship and camaraderie among its members and the community at large. Lastly, Valley Isle Timing Association regulates and provides opportunities for motor sports activities.

Who is the CEO of Valley Isle Timing Association?

Kaleo Freitas is the President of Valley Isle Timing Association.

What is the revenue of Valley Isle Timing Association?

Valley Isle Timing Association's revenue in 2022 was $210,624.

Who are the executives of Valley Isle Timing Association and what are their salaries?

There 10 volunteers at Valley Isle Timing Association.


Here are 9 key members and their salaries:


Robert Botelho (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Caires (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kaleo Freitas (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nelson Jordet (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean Kekumu (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erik Kollist (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Kurisu (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Orikasa (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Stopnik (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Valley Isle Timing Association?

Valley Isle Timing Association's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Valley Isle Timing Association

Valley Isle Timing Association, a nonprofit organization, is dedicated to fostering a deeper understanding of motor vehicle safety and operation. Their mission involves promoting the safe use of motor vehicles and delving into the fundamental mechanics of these vehicles. By doing so, they aim to educate their members and the wider community about the intricacies of vehicle operation. Furthermore, Valley Isle Timing Association encourages good sportsmanship and camaraderie among its members, and regulates motor sports activities, thereby providing a platform for such activities within the community.

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Impact




October, 2024

Valley Isle Timing Association significantly influences the community by fostering a culture of safe and responsible motor vehicle use. Through its initiatives, it educates members and the public on the fundamentals and mechanical operations of vehicles, enhancing overall understanding and safety. The organization promotes good sportsmanship and camaraderie among participants, building a sense of community through shared interests in motorsport activities.

By regulating various motorsport events, the association not only provides a structured environment for enthusiasts but also encourages safe practices within the automotive community. Their efforts contribute to a well-informed public, reducing the risk of accidents and promoting responsible driving habits. Overall, Valley Isle Timing Association enriches the local culture in Kahului, Hawaii, by blending education, safety, and recreation in the realm of motor vehicles.




This information is meant to be a general summary of Valley Isle Timing 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.

Revenue
$210,624 (2022)
Expenses
$184,145 (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: $203,659
  • Gross Receipts: $215,337

Assets and Liabilities:

  • Total Assets: $231,723
  • Total Liabilities: $927
  • Net Assets: $230,796

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Programs

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

MAIN GATE RECEIPTS

Revenue

$143,204

RACER FEES

Revenue

$45,785

PARKING RECEIPTS

Revenue

$11,220

SPONSORSHIPS

Revenue

$1,500

MEMBERSHIP DUES

Revenue

$1,500

Organization Details

Founding Year

1963

Principal Officer

Kaleo Freitas

Main Address

PO BOX 330490, KAHULUI, HI, 96733

NTEE Category

Code: N03 - Recreation

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