Pacific Handicap Racing Fleet Of The Northwest
- Assets
- $91.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Gig Harbor, WA
- Founding
- 06/1980
- Data as of
- 12/2023
- EIN
- 91-6179894
Organization Overview
Pacific Handicap Racing Fleet Of The Northwest is located in Gig Harbor, WA. The organization was established in 1980. According to its NTEE Classification (N67) the organization is classified as: Swimming & Other Water Recreation, 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. Pacific Handicap Racing Fleet Of The Northwest is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2023, Pacific Handicap Racing Fleet Of The Northwest generated $48.8k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $39.9k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric J Nelson President | 8 | $0 | |
Charlie Macaulay 1st Vice President | 8 | $0 | |
David Steffen Secy/treasurer | 8 | $0 | |
David Lynch Past President | 8 | $0 | |
Eric J Nelson Chief Handicapper | 8 | $0 | |
Mary White Business Manager | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $48,843 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $48,844 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $30,456 |
| Occupancy, rent, utilities, and maintenance | $2,112 |
| Printing, publications, postage, and shipping | $4,397 |
| Other expenses | $2,967 |
| Total expenses | $39,932 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $91,370 |
| Other assets | $0 |
| Total assets | $91,370 |
| Total liabilities | $13,820 |
| Net assets or fund balances | $77,550 |