Cmc Racing Inc

Organization Overview

Cmc Racing Inc is located in Medina, NY. The organization was established in 2008. 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. Cmc Racing Inc 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 12/2021, Cmc Racing Inc generated $90.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.6% each year . All expenses for the organization totaled $66.9k during the year ending 12/2021. While expenses have increased by 14.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

FOSTERING AMATUER COMPETITION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROMOTION AND SUPPORT OF AMATUER MOTORCYCLE RACING, SPORTSMANSHIP, SAFETY AWARENESS, AND EDUCATION.


PROPERTY AND EQUIPMENT USED FOR ORGANIZATIONS RACING PROGRAM.


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Board, Officers & Key Employees

Name (title)Compensation
Kevin Hazel
President
$0
Kerry Lonnen
Treasurer
$0
Dawn Hazel
Secretary
$0
Doug Herman
Vice Preside
$0
Mark Zacher
Correspondin
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$1,130
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,965
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,095
Total Program Service Revenue$0
Investment income $227
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $86,900
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $90,222

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