Nypa Midget Racing Association Inc
- Assets
- $14.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- West Seneca, NY
- Founding
- 08/2015
- Data as of
- 12/2021
- EIN
- 46-3140909
Organization Overview
Nypa Midget Racing Association Inc is located in West Seneca, NY. The organization was established in 2015. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, 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. Nypa Midget Racing 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 12/2021, Nypa Midget Racing Association Inc generated $4.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $694.0 during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
TO PROVIDE MUTUAL ASSISTANCE, ENJOYMENT, ENTERTAINMENT, AND IMPROVEMENT OF MEMBERS SOCIALLY AND PHYSICALLY BY ENCOURAGING PARTICIPATION IN THE SPORT OF STOCK CAR RACING AND RECRATION THROUGH THE HOLDING OF COMPETITIONS, TOURNAMENTS, AND INSTRUCTIVE DEMONSTRATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara Kolb Secretary | 2 | $150 | |
Gordon Steffen Vice Preside | 4 | $0 | |
Charles Dirosa President | 15 | $0 | |
Diane Dirosa Treasurer | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $3,235 |
| Other Revenue | $0 |
| Total Revenue | $4,348 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $150 |
| Professional fees and other payments to independent contractors | $290 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $254 |
| Total expenses | $694 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $14,491 |
| Other assets | $0 |
| Total assets | $14,491 |
| Total liabilities | $1,569 |
| Net assets or fund balances | $12,922 |
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