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Falmouth Road Race Inc

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

EIN: 042676136 ✦ Falmouth, MA ✦ Designated as a 501(c)(3)

Overview

What is Falmouth Road Race Inc?

Falmouth Road Race Inc, situated in Falmouth, Massachusetts, is a dedicated nonprofit organization. Its primary focus is to organize and promote the annual Falmouth Road Race, a renowned event that attracts participants globally. The organization's mission extends beyond sports, as it also donates proceeds to various community and school organizations to enhance the welfare of all sports and promote goodwill in the community of Falmouth. Moreover, Falmouth Road Race Inc actively engages with the local community through health and fitness initiatives and philanthropic giving. With a team of three dedicated individuals, the organization positively impacts individuals and businesses in Falmouth, fostering a healthier and more connected community.


Official website here: www.falmouthroadrace.com

Is Falmouth Road Race Inc legitimate?

Falmouth Road Race Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Falmouth Road Race 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $290,325

For more financial information, click here


Official website here: www.falmouthroadrace.com

What is the mission statement of Falmouth Road Race Inc?

Falmouth Road Race Inc is dedicated to positively impacting individuals and businesses within their community through consistent involvement and annual philanthropic giving. The organization emphasizes health and fitness by organizing community programs and its renowned annual road race. Proceeds from the race are donated to various community and school organizations, aiming to enhance the well-being of sports in general, particularly track and running. Additionally, non-sports organizations receive donations if their mission is to promote goodwill and serve the community.


Official website here: www.falmouthroadrace.com

Who is the CEO of Falmouth Road Race Inc?

Scott Ghelfi is the Executive Di of Falmouth Road Race Inc.


Official website here: www.falmouthroadrace.com

What is the revenue of Falmouth Road Race Inc?

Falmouth Road Race Inc's revenue in 2023 was $2,526,898.


Official website here: www.falmouthroadrace.com

Who are the executives of Falmouth Road Race Inc and what are their salaries?

The average compensation at Falmouth Road Race Inc during 2023 was $96,775. There are 3 employees and 1,500 volunteers at Falmouth Road Race Inc.

Here are 8 key members and their salaries:

    Jennifer Edwards (Executive Di)
  • Compensation: $114,815
  • Related: $0
  • Other: $0

    • Scott Ghelfi (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julene Augusta (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Donna Tocci (Clerk) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Antonucci (Vice Preside) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carl F Cavossa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Travis Watson (Clerk) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jason Cullinane (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.falmouthroadrace.com

    Where can I find the form 990 for Falmouth Road Race Inc?

    The Falmouth Road Race Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.falmouthroadrace.com

    Learn more at the official website: www.falmouthroadrace.com

    Mission Statement of Falmouth Road Race Inc

    Falmouth Road Race Inc, a distinguished organization, is dedicated to positively influencing individuals and businesses within its community through consistent engagement and annual philanthropic contributions. The organization's mission is multifaceted, encompassing the promotion of health and fitness through various community programs and its renowned annual road race. By organizing the Falmouth Road Race, a prestigious event, the organization generously donates proceeds to a myriad of community and school organizations. These donations aim to enhance the overall well-being of sports, with a particular focus on track and running. Falmouth Road Race Inc also extends its philanthropy to non-sports organizations, provided they contribute to the community's goodwill and provide essential services.

    Impact

    This information is meant to be a general summary of Falmouth Road Race Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Falmouth Road Race Inc has a significant impact on the town of Falmouth by promoting health and fitness through community programs and its annual road race. The organization not only encourages physical activity but also supports various community and school organizations through its philanthropic giving. The annual Falmouth Road Race, a world-class event organized by the nonprofit, serves as a platform to advance the welfare of all sports, with a particular focus on track and running. Additionally, Falmouth Road Race Inc extends its support to non-sports organizations that promote goodwill and provide essential services to the Falmouth community. Through consistent involvement with the community and generous donations, the organization plays a vital role in positively impacting individuals and businesses in Falmouth.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $0
  • Program Service Revenue: $1,386,926
  • Gross Receipts: $2,526,898

    • Assets and Liabilities:
  • Total Assets: $1,579,423
  • Total Liabilities: $898,735
  • Net Assets: $680,688
  • Programs

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

    RACE REGISTRATION FEES

    Revenue

    $1,386,926

    Organization Details

    Founding Year

    1980

    Principal Officer

    Scott Ghelfi

    Main Address

    155 KATHARINE LEE BATES ROAD, FALMOUTH, MA, 02540

    NTEE Category

    Code: N6XZ - Recreation

    If you are a representative of Falmouth Road Race Inc 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.