Cortez Racing Association A California Corporation
- Assets
- $143.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- San Diego, CA
- Founding
- 08/2003
- Data as of
- 12/2022
- EIN
- 01-0778616
Organization Overview
Cortez Racing Association A California Corporation is located in San Diego, CA. The organization was established in 2003. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, 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. Cortez Racing Association A California Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Cortez Racing Association A California Corporation generated $183.5k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 53.1% each year . All expenses for the organization totaled $56.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rich Chambers Commodore | 1 | $0 | |
Chuck Bowers Vice Commodore | 1 | $0 | |
Jay Sorensen Rear Commodore | 1 | $0 | |
Shelly Raming Treasurer | 1 | $0 | |
Dale Greaney Fleet Captain | 1 | $0 | |
Colleen Cooke Race Committee Chair | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $126,500 |
| Total Program Service Revenue | $22,815 |
| Membership dues | $34,165 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $183,480 |
| 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 | $1,580 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $53,198 |
| Total expenses | $56,528 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $23,107 |
| Other assets | $0 |
| Total assets | $143,107 |
| Total liabilities | $0 |
| Net assets or fund balances | $143,107 |