Oahe Racers Association Inc
- Assets
- $81.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Pierre, SD
- Founding
- 12/2018
- Data as of
- 12/2020
- EIN
- 82-1231467
Organization Overview
Oahe Racers Association Inc is located in Pierre, SD. The organization was established in 2018. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oahe Racers Association Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2020, Oahe Racers Association Inc generated $175.7k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 26.0% each year . All expenses for the organization totaled $174.4k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
ORGANIZATION HELD DRAG RACING EVENTS OPEN TO THE PUBLIC
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marla Huse President | 5 | $0 | |
Ray Maize Secretary | 1 | $0 | |
Marcia Graves Director | 1 | $0 | |
Jessica Horsely Vice President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,000 |
| Total Program Service Revenue | $147,544 |
| Membership dues | $17,840 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $910 |
| Total Revenue | $175,666 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $30,834 |
| Professional fees and other payments to independent contractors | $1,012 |
| Occupancy, rent, utilities, and maintenance | $59,972 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $82,600 |
| Total expenses | $174,418 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $74,205 |
| Other assets | $0 |
| Total assets | $81,112 |
| Total liabilities | $237 |
| Net assets or fund balances | $80,875 |
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