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Midnight Sun Run Inc

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

EIN: 920154321 ✦ Fairbanks, AK ✦ Designated as a 501(c)(3)

Overview

What is Midnight Sun Run Inc?

Midnight Sun Run Inc is a community-focused nonprofit organization situated in an unspecified location. Their primary mission is to foster public health and recreation through an annual fun run event. The event's proceeds traditionally support a local charity, the Fairbanks Resource Agency, and provide scholarships to deserving high school students based on academic merit. In the face of COVID-19 restrictions, the 2020 race transitioned to a virtual format. Despite the transition, revenues were sufficient to cover expenses but insufficient for charity donations and scholarship funding.


Is Midnight Sun Run Inc legitimate?

Midnight Sun Run Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Midnight Sun Run Inc submitted a form 990EZ, 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.


What is the mission statement of Midnight Sun Run Inc?

Midnight Sun Run Inc's mission is centered around organizing a community fun run with the primary goal of supporting public health and recreation. The proceeds from this event are typically used to benefit a local charity and provide scholarships for high school students, based on their academic performance. Due to the restrictions imposed by COVID-19, the race transitioned to a virtual format in 2020. Despite this, the revenues generated were sufficient to cover the event's costs, but unfortunately, they fell short of enabling donations to the charity or the provision of scholarships.


Who is the CEO of Midnight Sun Run Inc?

Tracy Martinson is the Treasurer of Midnight Sun Run Inc.


What is the revenue of Midnight Sun Run Inc?

Midnight Sun Run Inc's revenue in 2022 was $59,492.


Who are the executives of Midnight Sun Run Inc and what are their salaries?

Here are 6 key members and their salaries:

    Shawnee Dunham (Acting Presi)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Deedee Caciari (Secreatary)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tracy Martinson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathy Catron (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Phyllis Church (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sarah Schlichting (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Where can I find the form 990EZ for Midnight Sun Run Inc?

    The Midnight Sun Run Inc’s most recent form 990EZ was submitted in 2022 and can be accessed here


    Mission Statement of Midnight Sun Run Inc

    Midnight Sun Run Inc is an organization dedicated to promoting community fun and public health through recreational activities. The primary goal of this nonprofit is to raise funds, which it accomplishes by hosting an annual run event. The revenues generated from this event are intended to support a local charity, the Fairbanks Resource Agency, and to provide scholarships to high school students based on their academic achievements. In a typical year, Midnight Sun Run Inc's run event brings together the community, contributing to both recreational activities and charitable causes. However, due to the restrictions imposed by the COVID-19 pandemic, the 2020 event was held virtually. Despite these challenges, Midnight Sun Run Inc managed to cover its costs, although it was unable to make donations or distribute scholarships as usual. Despite these limitations, Midnight Sun Run Inc remains committed to its mission of promoting health, community engagement, and educational opportunities through its annual run event.

    Impact

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




    Sunday, August 4, 2024

    Midnight Sun Run Inc's impact is evident in its dedication to supporting public health and recreation in the community of Fairbanks, Alaska. Through their annual community fun run, the organization not only promotes physical activity and wellness but also raises funds to benefit a local charity, the Fairbanks Resource Agency, and provides scholarships to local high school students based on academic criteria.

    Despite facing challenges posed by the COVID-19 pandemic in 2020, Midnight Sun Run Inc persevered by transitioning their event to a virtual format. This adaptation allowed them to continue their mission and cover their costs. While the revenues generated were not sufficient to make donations to the charity or fund scholarships that year, the organization's commitment to giving back to the community remains strong.

    By organizing the Midnight Sun Run and engaging participants in a shared pursuit of fitness and philanthropy, Midnight Sun Run Inc is making a positive impact on the Fairbanks community, supporting public health, recreation, and academic achievement.





    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.

  • Gross Receipts: $136,595

    • Assets and Liabilities:
  • Total Assets: $49,135
  • Total Liabilities: $42,353
  • Net Assets: $6,782
  • Organization Details

    Principal Officer

    Tracy Martinson

    Main Address

    805 AIRPORT WAY, FAIRBANKS, AK, 99701

    NTEE Category

    Code: N126 - Recreation

    If you are a representative of Midnight Sun Run 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.