Racing Industry Charitable Foundation Inc

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

EIN: 363073230 ✦ Cicero, IL ✦ Designated as a 501(c)(3)

Overview

What is Racing Industry Charitable Foundation Inc?

Racing Industry Charitable Foundation Inc is a nonprofit organization, headquartered in Cicero, Illinois, specifically at 3501 South Laramie Avenue. Their primary mission is to extend essential medical, dental, mental, and social support services to the dedicated workforce responsible for the well-being of horses at various race tracks in Illinois. With a team of nine individuals, the foundation is committed to improving the overall well-being of these horse care workers, ensuring they receive the necessary care and resources to maintain their health and wellness.


Is Racing Industry Charitable Foundation Inc legitimate?

Racing Industry Charitable Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Racing Industry Charitable Foundation 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: $112,890
Professional Fundraising Fees: $0
Other Salaries and Wages: $240,993

For more financial information, click here


What is the mission statement of Racing Industry Charitable Foundation Inc?
Who is the CEO of Racing Industry Charitable Foundation Inc?
What is the revenue of Racing Industry Charitable Foundation Inc?
Who are the executives of Racing Industry Charitable Foundation Inc and what are their salaries?
Where can I find the form 990 for Racing Industry Charitable Foundation Inc?

Mission Statement of Racing Industry Charitable Foundation Inc

Racing Industry Charitable Foundation Inc is committed to providing essential medical, dental, mental, and social services to the dedicated horse care workers at Illinois race tracks. This nonprofit organization's mission is centered around addressing the well-being of these individuals, recognizing their vital role in the horse racing industry. By offering a comprehensive range of services, Racing Industry Charitable Foundation Inc aims to support the physical and emotional health of horse care workers, ensuring they can continue their critical work with optimal wellness.

Impact

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




Thursday, August 15, 2024

Racing Industry Charitable Foundation Inc provides vital medical, dental, mental, and social services to horse care workers at Illinois race tracks. This impact directly supports the health and well-being of those who play a crucial role in the racing industry. By offering these essential services, the foundation helps to ensure the overall welfare and care of the individuals working with the horses, thereby contributing to a healthier and safer environment within the industry.





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 2022.

  • Investment Income: $0
  • Program Service Revenue: $4,291
  • Gross Receipts: $766,664

    • Assets and Liabilities:
  • Total Assets: $345,384
  • Total Liabilities: $66,474
  • Net Assets: $278,910
  • Programs

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

    COPAYMENTS

    Revenue

    $4,291

    Organization Details

    Founding Year

    1979

    Principal Officer

    Paul Coronado

    Main Address

    3501 SOUTH LARAMIE AVENUE, CICERO, IL, 608044503

    NTEE Category

    Code: Z99 - Unknown

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