nonprofit logo

Charlotte Steeplechase Foundation Inc

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

EIN: 561913942 ✦ Mineral springs, NC ✦ Designated as a 501(c)(3)

Overview

What is Charlotte Steeplechase Foundation Inc?

Charlotte Steeplechase Foundation Inc is a nonprofit organization situated in Mineral Springs, North Carolina. Their primary activity involves hosting an annual steeplechase race. The profits generated from this event are then channeled towards granting funds to local charitable organizations. With a modest team of five employees, this foundation contributes to the wellbeing of their community by supporting various charitable causes.


Official website here: www.queenscup.org

Is Charlotte Steeplechase Foundation Inc legitimate?

Charlotte Steeplechase Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Charlotte Steeplechase 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $88,209

For more financial information, click here


Official website here: www.queenscup.org

What is the mission statement of Charlotte Steeplechase Foundation Inc?

The Charlotte Steeplechase Foundation Inc is committed to organizing a steeplechase race as its primary activity. This annual event serves as a platform to raise funds, which are then distributed to various charitable organizations. The mission of the foundation is centered around this dual purpose: hosting a steeplechase race and channeling the proceeds towards charitable causes. The organization leverages the profits gained from the race to provide financial assistance to local charities, thereby contributing to their collective efforts in making a positive impact in the community.


Official website here: www.queenscup.org

Who is the CEO of Charlotte Steeplechase Foundation Inc?

William Price is the Principal Officer of Charlotte Steeplechase Foundation Inc.


Official website here: www.queenscup.org

What is the revenue of Charlotte Steeplechase Foundation Inc?

Charlotte Steeplechase Foundation Inc's revenue in 2022 was $1,560,630.


Official website here: www.queenscup.org

Who are the executives of Charlotte Steeplechase Foundation Inc and what are their salaries?

The average compensation at Charlotte Steeplechase Foundation Inc during 2022 was $17,642. There are 5 employees and 300 volunteers at Charlotte Steeplechase Foundation Inc.

Here are 7 key members and their salaries:

    Virginia Carrington Price (1St Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William James Price V (2Nd Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Saad Ehtisham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jaci Slone Didier (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Mcmanus (President/Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carl Peterson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kristin Kakidas (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.queenscup.org

    Where can I find the form 990 for Charlotte Steeplechase Foundation Inc?

    The Charlotte Steeplechase Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.queenscup.org

    Learn more at the official website: www.queenscup.org

    Mission Statement of Charlotte Steeplechase Foundation Inc

    Charlotte Steeplechase Foundation Inc is dedicated to organizing a steeplechase race with the primary objective of distributing the proceeds to charitable causes. This nonprofit organization annually hosts a steeplechase event, utilizing the profits generated to fund various local charities. By organizing this race and channeling the resulting funds towards worthy causes, Charlotte Steeplechase Foundation Inc contributes to the betterment of its community.

    Impact

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




    Saturday, July 20, 2024

    Charlotte Steeplechase Foundation Inc's impact is evident in the positive contributions it makes to local charities through its annual steeplechase race. By organizing this event, the organization is able to generate profits that are then distributed to various charitable causes in the community. This not only supports these organizations financially but also raises awareness about their important work. The foundation's commitment to giving back through recreational activities demonstrates its dedication to making a difference in the lives of others.





    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: $93,395
  • Program Service Revenue: $1,719,207
  • Gross Receipts: $2,048,663

    • Assets and Liabilities:
  • Total Assets: $2,027,241
  • Total Liabilities: $284,319
  • Net Assets: $1,742,922
  • Programs

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

    Race Sponsorship

    Revenue

    $204,500

    Course Sponsorship

    Revenue

    $190,000

    Tent Packages

    Revenue

    $738,715

    Ticket Sales

    Revenue

    $313,202

    PSL Sales

    Revenue

    $150,241

    Organization Details

    Founding Year

    1993

    Principal Officer

    William Price

    Main Address

    PO Box 70, Mineral Springs, NC, 28108

    NTEE Category

    Code: N52J - Recreation

    If you are a representative of Charlotte Steeplechase Foundation 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.