Overview
What is Motorsports Charities Inc?
Motorsports Charities Inc, an integral part of NASCAR communities, is a nonprofit organization committed to bettering the lives of children in need. They achieve this by presenting an annual competition where the charity representing the finalist with the most public votes receives a substantial $100,000 donation. The other finalists' charities also receive $25,000 each. The foundation's mission is to provide children with a fair chance at a healthy life, emphasizing their belief that every child deserves to reach their personal finish line. Motorsports Charities Inc's initiatives strive to improve children's well-being within NASCAR communities.
Official website here: www.nascarfoundation.org
Is Motorsports Charities Inc legitimate?
Motorsports Charities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Motorsports Charities 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: $200,438
Professional Fundraising Fees: $0
Other Salaries and Wages: $389,046
For more financial information, click here
Official website here: www.nascarfoundation.org
What is the mission statement of Motorsports Charities Inc?
Motorsports Charities Inc's mission is centered around enhancing the lives of children in need within their NASCAR communities. They prioritize children's health and well-being, believing every child deserves a healthy life and the opportunity to achieve their goals, metaphorically crossing the finish line. The organization achieves this by granting donations through an online voting system. The charity with the most votes receives a significant donation, while the other finalists receive smaller contributions. This approach not only supports one charity but also distributes aid among several organizations, contributing to the betterment of children's lives in various NASCAR communities.
Official website here: www.nascarfoundation.org
Who is the CEO of Motorsports Charities Inc?
Mike Helton is the Chairman/President of Motorsports Charities Inc.
Official website here: www.nascarfoundation.org
What is the revenue of Motorsports Charities Inc?
Motorsports Charities Inc's revenue in 2022 was $3,918,753.
Official website here: www.nascarfoundation.org
Who are the executives of Motorsports Charities Inc and what are their salaries?
The average compensation at Motorsports Charities Inc during 2022 was $49,124. There are 12 employees and 678 volunteers at Motorsports Charities Inc.
Here are 17 key members and their salaries:
- Nichole Krieger (Executive Director)
- Mike Helton (Chairman/President) [Trustee/Director]
- Lesa Kennedy (Vice Chairperson/Director)
- Jennifer France Bates (Vice Chairperson/Secretary) [Trustee/Director]
- Susan Schandel (Treasurer/Director)
- Hurley Haywood (Director)
- Jennifer Siegel (Director)
- Harold Goodemote (Director)
- Rusty Wallace (Director)
- Stu Grant (Director)
- Glenn Ritchey (Director)
- Katie Palmer (Director)
- Peter Intermaggio (Director)
- Peter Jung (Director)
- Larry Woodard (Director)
- Charlie Lyedecker (Director)
- Randy Dye (Director)
Official website here: www.nascarfoundation.org
Where can I find the form 990 for Motorsports Charities Inc?
The Motorsports Charities Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.nascarfoundation.org
Learn more at the official website: www.nascarfoundation.org
Mission Statement of Motorsports Charities Inc
Motorsports Charities Inc, a nonprofit organization, is dedicated to enhancing the lives of children who are in need within their NASCAR communities. The NASCAR Foundation, a division of Motorsports Charities Inc, serves as a catalyst for this mission. They accomplish this by allocating substantial donations to children's charities. The charity that garners the most votes in an online public poll receives a substantial $100,000 grant, while the remaining three finalists' associated charities receive a more modest $25,000 donation each. The foundation's core belief is that every child deserves an opportunity to lead a healthy life and should be supported in achieving their goals, just as racers strive to cross the finish line. Motorsports Charities Inc prioritizes the well-being of children in need within their NASCAR communities, aiming to provide them with the necessary resources and support to thrive.
Impact
This information is meant to be a general summary of Motorsports Charities Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Motorsports Charities Inc, operating under the name The NASCAR Foundation, focuses on improving the lives of children in NASCAR communities. Their impact is significant as they grant substantial donations to children's charities based on online public votes. The foundation's mission to prioritize children's health and well-being has led to positive changes in the lives of many children who need it most. Through their philanthropic efforts, they believe in giving every child a chance at a healthy life and ensuring they cross the finish line to a better future.
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.
- Assets and Liabilities:
Organization Details
Founding Year
2006
Phone
(386) 310-5885
Principal Officer
Mike Helton
Main Address
TAX DEPT 53 PO BOX 2875, DAYTONA BEACH, FL, 321202875
Website
www.nascarfoundation.org
NTEE Category
Code: T30 - Philanthropy
If you are a representative of Motorsports Charities 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.