Minnesota Quarter Midget Racing Association
- Assets
- $23.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chisago City, MN
- Founding
- 04/1993
- Data as of
- 12/2021
- EIN
- 47-5301072
Organization Overview
Minnesota Quarter Midget Racing Association is located in Chisago City, MN. The organization was established in 1993. 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. Minnesota Quarter Midget Racing Association is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TWENTY FIVE FAMILIES PARTICIPATED IN THE MQMRA RACE PROGRAM DURING THE 15 SCHEDULED RACES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ryan Rose President | 5 | $0 | |
Cory Lindgren Tresurer | 5 | $0 | |
Krystal Eilen Secretary | 1 | $0 | |
Steve Kippola Vice President | 2 | $0 | |
Katrina Larson Board Member | 1 | $0 | |
Mitch Larson Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,500 |
| Total Program Service Revenue | $15,180 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$1,979 |
| Other Revenue | $65 |
| Total Revenue | $34,624 |
| 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 | $850 |
| Occupancy, rent, utilities, and maintenance | $20,413 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $9,833 |
| Total expenses | $31,096 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $23,300 |
| Other assets | $0 |
| Total assets | $23,300 |
| Total liabilities | $0 |
| Net assets or fund balances | $23,300 |
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