Professional Racers Owners Organization Inc A Delaware Corp

Organization Overview

Professional Racers Owners Organization Inc A Delaware Corp is located in Indianapolis, IN. The organization was established in 2004. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Professional Racers Owners Organization Inc A Delaware Corp is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 12/2021, Professional Racers Owners Organization Inc A Delaware Corp generated $125.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $123.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3

TO NEGOTIATE BETWEEN THE NATIONAL HOT ROD ASSOCIATION AND THE RACERS.


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Membership dues$119,415
Investment income $0
Gain or Loss$0
Net Income from Gaming & Fundraising$0
Other Revenue$5,739
Total Revenue$125,154

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