NATIONAL HOT ROD ASSOCIATION: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- NATIONAL HOT ROD ASSOCIATION (EIN 95-1686172)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-11-15
- IRS object ID
- 201303199349308215
- Schema version
- 2012v2.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-11-15T14:50:13-06:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 910189318 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MOSS ADAMS LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3121 WEST MARCH LANE SUITE 100 | AddressLine1 |
| City | STOCKTON | City |
| State | CA | State |
| ZIP Code | 952192303 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 951686172 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NATIONAL HOT ROD ASSOCIATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | NATI | NameControl |
| Phone | 6269144761 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2035 FINANCIAL WAY | AddressLine1 |
| City | GLENDORA | City |
| State | CA | State |
| ZIP Code | 917414602 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | PETER CLIFFORD | Name |
| Title | TREASURER | Title |
| Phone | 6269144761 | Phone |
| Date Signed | 2013-11-14 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | TRACY S PAGLIA | Name |
| PTIN | P00366884 | PTIN |
| Phone | 2099556100 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | TOM COMPTON | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2035 FINANCIAL WAY | AddressLine1 |
| City | GLENDORA | City |
| State | CA | State |
| ZIP Code | 917414602 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 98426808 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.NHRA.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1951 | YearFormation |
| State Legal Domicile | CA | StateLegalDomicile |
| Activity Or Mission Description | PRESERVE AND PROMOTE THE SPORT OF DRAG RACING AND IMPROVE SAFETY IN THE SPORT. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 6 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 2 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1637 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 10803730 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 97662098 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 97616597 | ProgramServiceRevenueCY |
| Investment Income Prior Year | -20402 | InvestmentIncomePriorYear |
| Investment Income Current Year | 141829 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 599680 | OtherRevenuePriorYear |
| Other Revenue Current Year | 512594 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 98241376 | TotalRevenuePriorYear |
| Total Revenue Current Year | 98271020 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 74350 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 19230 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 18700443 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 17040786 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 82854438 | OtherExpensePriorYear |
| Other Expenses Current Year | 80033153 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 101629231 | TotalExpensesPriorYear |
| Total Expenses Current Year | 97093169 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -3387855 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 1177851 | RevenuesLessExpensesCY |
| Total Assets BOY | 59756020 | TotalAssetsBOY |
| Total Assets EOY | 59409677 | TotalAssetsEOY |
| Total Liabilities BOY | 23544420 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 22356313 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 36211600 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 37053364 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | TO IMPROVE BUSINESS CONDITIONS IN THE SPORT OF DRAG RACING AND IN THE HOT ROD INDUSTRY, AND PROMOTE AND ADVANCE THE COMMON BUSINESS INTERESTS OF THOSE ENGAGED IN THE SPORT OF DRAG RACING AND THE HOT ROD INDUSTRY, TO PROMOTE SAFETY, SPORTSMANSHIP AND FELLOWSHIP AND EXCHANGE OF KNOWLEDGE AND INFORMATION AMONG HOT ROD ENTHUSIASTS, AND TO CARRY ON THE ACTIVITIES WITHIN THE PURVIEW OF SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, AND CALIFORNIA REVENUE AND TAXATION SECTION 23701E. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Description | THE ASSOCIATION EXPENDS SUBSTANTIAL RESOURCES IN SUPPORT OF IMPROVING, PROMOTING, AND ADVANCING THE COMMON INTEREST OF THOSE ENGAGED IN THE SPORT OF DRAG RACING PRIMARILY THROUGH PROVIDING A GOVERNING STRUCTURE, SANCTIONING CERTAIN RACES, AND FOSTERING THE CONDUCT OF THOUSANDS OF DRAG RACING EVENTS ANNUALLY ON NATIONAL AS WELL AS LOCAL LEVELS. THE ASSOCIATION PROVIDES SUPPORT TO RACER PARTICIPANTS, TO TRACK OPERATORS CONDUCTING THESE EVENTS, AND TO MANUFACTURERS AND DISTRIBUTORS OF VEHICLES, PARTS AND PRODUCTS USED IN RACING. THROUGH THESE ACTIVITIES AND EVENTS, THE ASSOCIATION PROMOTES THE SPORT AND INDUSTRY OF DRAG RACING BY FOSTERING THE ENTHUSIASM OF THE PUBLIC AND PARTICIPANTS, AND PROVIDING A PROVING GROUND AND SHOWCASE FOR MANUFACTURERS AND DISTRIBUTORS. THE ASSOCIATION IS ACTIVELY ENGAGED IN ENHANCING THE PUBLIC IMAGE OF DRAG RACING WITH A VIEW TOWARD INCREASING PARTICIPATION AND FOSTERING THE ASSOCIATION'S MISSION OF PRESERVING AND PROTECTING THE SPORT OF DRAG RACING AND IMPROVING SAFETY IN THE SPORT BY, AMONG OTHER THINGS, FOSTERING A NETWORK OF RACING VENUES AND RACING SERIES. THE ASSOCIATION'S GREATEST PUBLIC RELATIONS TOOLS ARE ITS ANNUAL SERIES OF NATIONAL EVENTS THAT ARE TELECAST AND SHOWCASE THE BEST OF THE SPORT, INCLUDING ITS DIVERSE PARTICIPANTS AND COMPLEX TECHNOLOGY, AS WELL AS ITS WEBSITE AND ITS PUBLICATION, NATIONAL DRAGSTER, WHICH IS PUBLISHED TO PROVIDE FULL COVERAGE DURING THE RACING SEASON. THROUGH THESE EVENTS AND ACTIVITIES THE ASSOCIATION WORKS TO INCREASE THE SIZE AND INVOLVEMENT OF THE BUSINESSES WHICH ARE PART OF THE DRAG RACING INDUSTRY AND WHICH ULTIMATELY SUPPORT THE SPORT AND ITS PARTICIPANTS BOTH ON THE RACER AND SPECTATOR LEVEL. THE ASSOCIATION ALSO PROVIDES A FULL SPECTRUM OF RACING OPPORTUNITIES BEGINNING AT THE JR. DRAG RACING LEAGUE LEVEL WHERE GIRLS AND BOYS AS YOUNG AS EIGHT MAY PARTICIPATE, TO THE GRASS ROOTS "STREET LEGAL" LEVEL, AND PROGRESSING ALL THE WAY TO VEHICLES WITH SPEEDS OVER 300 MPH. THE ASSOCIATION PROMOTES THE CAREER AND EDUCATIONAL OPPORTUNITIES AVAILABLE IN THE INDUSTRY THROUGH ITS INNOVATIVE YOUTH AND EDUCATION SERVICES PROGRAM WHICH EXPOSES SEVERAL THOUSAND HIGH SCHOOL STUDENTS TO CAREER OPPORTUNITIES IN THE SPORT. THE ASSOCIATION ALSO CONDUCTS A DEDICATED ANNUAL CAREER OPPORTUNITIES FAIR. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | THE ASSOCIATION ESTABLISHES RULES THAT GOVERN COMPETITION INCLUDING RULES AND STANDARDS THAT ARE DESIGNED TO ENHANCE SAFETY IN THE SPORT AS WELL AS PROMOTE FAIR COMPETITION. THE ASSOCIATION CONTINUALLY ANALYZES AND LEARNS FROM EXPERIENCE GAINED FROM OVER SIX DECADES OF SANCTIONING THE SPORT AND INFORMATION GARNERED FROM THE THOUSANDS OF EVENTS CONDUCTED EACH YEAR. THE ASSOCIATION ANALYZES AND TRIES TO ANTICIPATE THE NEED FOR CHANGES IN GUIDELINES APPLICABLE TO RACE TRACK FACILITIES, AND STANDARDS FOR RACE VEHICLES, PERSONAL PROTECTIVE EQUIPMENT AND THE CONDUCT OF EVENTS. THE ASSOCIATION ANALYZES INCIDENTS AND SHARES ITS EXPERIENCE TO IMPROVE SAFETY AND BENEFIT THE SPORT. THE ASSOCIATION WORKS WITH THE INDUSTRY IT REPRESENTS IN THE DEVELOPMENT OF PARTS AND EQUIPMENT FOR RACE VEHICLES AND ENCOURAGES MANUFACTURERS TO CONTINUE TO BE INNOVATIVE IN THE DEVELOPMENT OF SAFETY ORIENTED EQUIPMENT, WITH TECHNOLOGY THAT CAN BE USED NOT ONLY IN RACE VEHICLES BUT FOR EVERYDAY PASSENGER CARS AS WELL. AS PART OF ITS MISSION TO IMPROVE SAFETY IN THE SPORT OF DRAG RACING, THE ASSOCIATION ALSO WORKS ON FACILITY ISSUES AND IMPROVEMENTS THROUGHOUT A BROAD NETWORK OF AFFILIATED TRACKS THROUGHOUT NORTH AMERICA. THE ASSOCIATION SHARES INFORMATION WITH OWNERS AND OPERATORS OF VARIOUS RACING FACILITIES REGARDING IMPROVEMENTS AIMED TO IMPROVE SAFETY AS WELL AS IMPROVE THE CONDUCT OF EVENTS, AND THEREBY ATTRACT MORE PARTICIPANTS AND SPECTATORS. THE ASSOCIATION DEVOTES SUBSTANTIAL RESOURCES TO IMPROVING RACING FACILITIES AND HELPING TRACK OWNERS AND OPERATORS PROMOTE PROGRAMS WHICH ARE LIKELY TO ATTRACT MORE SPONSORS, SPECTATORS AND PARTICIPANTS ALIKE. THE ASSOCIATION OWNS AND MAINTAINS A SMALL NUMBER OF RACING FACILITIES TO PRESERVE THE RIGHT TO RACE AND PROVIDE RACING VENUES IN CERTAIN GEOGRAPHICAL AREAS AS WELL AS TO USE AS A PROVING GROUND FOR PROGRAMS AND INITIATIVES THAT IMPROVE ITS ABILITY TO PERFORM ITS ROLE AS A SANCTIONING BODY. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | THE ASSOCIATION'S WEEKLY PUBLICATION, NATIONAL DRAGSTER, PROVIDES IN-DEPTH INFORMATION TO TENS OF THOUSANDS OF MEMBERS AND TO EVEN MORE PASS-ALONG READERS. INFORMATION IS PROVIDED TO THOUSANDS OF NONMEMBERS THROUGH THE ASSOCIATION'S WEBSITES, NHRA.COM. AND NHRARACER.COM. THE PUBLICATION SHOWCASES THE LATEST IN AUTOMOTIVE TECHNOLOGY, RACE COVERAGE, INTERVIEWS, NEWS, STATISTICS AND ADVERTISING TO SPECTATORS, COMPETITORS, SPONSORS, TRACK OPERATORS, HOBBYISTS, ENTHUSIASTS AND OTHERS. THE PRINTED AND ONLINE PUBLICATION IS DISTRIBUTED TO PROVIDE FULL COVERAGE DURING THE RACING SEASON AND HAS THE LARGEST READERSHIP OF ALL DRAG RACING PUBLICATIONS AND THE INTERNET WEBSITE IS ALSO WIDELY VIEWED. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In501 C3 | 0 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 1 | ForeignOffice |
| Foreign Activities | 1 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 1 | RelatedOrgControlledEntity |
| Transaction Related Entity | 1 | TransactionRelatedEntity |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 1208 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 1637 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 6 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 2 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | CA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | IN | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CURTIS WINIECKI CONTROLLER | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 6269144761 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2035 FINANCIAL WAY | AddressLine1 |
| City | GLENDORA | City |
| State | CA | State |
| ZIP Code | 91741 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (12 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Average Hours Per Week RelatedAverageHoursPerWeekRelated | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|---|
| THOMAS COMPTON | |||||||||
| PRESIDENT | 40.00 | 1.00 | X | X | 663117 | 0 | 45864 | ||
| PETER CLIFFORD | |||||||||
| TREASURER | 40.00 | 1.00 | X | X | 369678 | 0 | 46507 | ||
| GRAHAM LIGHT | |||||||||
| SECRETARY | 40.00 | X | X | 347157 | 0 | 35060 | |||
| DALLAS GARDNER | |||||||||
| BOARD CHAIRMAN | 10.00 | X | X | 100000 | 0 | 0 | |||
| MICHAEL COHEN | |||||||||
| BOARD MEMBER | 1.00 | X | 9000 | 0 | 0 | ||||
| KEN CLAPP | |||||||||
| BOARD MEMBER | 1.00 | X | 9000 | 0 | 0 | ||||
| GARY DARCY | |||||||||
| SR VP SALES & MARKETING | 40.00 | 1.00 | 342571 | 0 | 44050 | X | |||
| JOHN SIRAGUSA | |||||||||
| SR DIR SALES & BUS DVPMT | 40.00 | 301572 | 0 | 44420 | X | ||||
| LINDA LOUIE | |||||||||
| VP & GENERAL COUNSEL | 40.00 | 1.00 | 251388 | 0 | 48767 | X | |||
| GLEN GRAY | |||||||||
| VP TECHNICAL OPERATIONS | 40.00 | 227357 | 0 | 47926 | X | ||||
| GLEN CROMWELL | |||||||||
| VP NATIONAL EVENT MARKETING | 40.00 | 1.00 | 211758 | 0 | 24062 | X | |||
| JERRY ARCHAMBEAULT | |||||||||
| VP PUBLIC REL & COMM | 40.00 | 208932 | 0 | 40869 | X | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 3041530 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 377525 | TotalOtherCompensation |
| Number Individuals GT100 K | 31 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| ESPN INC | |||||
| 13057 COLLECTIONS CENTER DRIVE | CHICAGO | IL | 60693 | ANNOUNCER | 526079 |
| INTERNATIONAL MERCHANDISING CORP | |||||
| 1360 E NINTH ST STE 100 | CLEVELAND | OH | 44114 | SALES CONSULTING | 321447 |
| AMERICAN CORPORATE SECURITY | |||||
| ONE WORLD TRADE CTR-8TH FLR | LONG BEACH | CA | 90831 | SECURITY SERVICES | 204997 |
| COMPULINK | |||||
| 457 SPRING BEAUTY DRIVE | SILVERTHORNE | CO | 804980437 | EVENT SERVICES | 176770 |
| BOB FREY | |||||
| 605 HARVEST LANE | WATERFORD | NJ | 08089 | ANNOUNCER | 124825 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 5 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue | ExclusionExclusionAmount |
|---|---|---|---|---|---|
| SPECTATORS ADMISSIONS | 711210 | 38822735 | 38822735 | ||
| SPONSORSHIP & ADS | 541800 | 38448230 | 27644500 | 10803730 | |
| LICENSES & FEES | 900099 | 11139235 | 11139235 | ||
| ROYALTIES & CONCESSIONS | 900099 | 5199759 | 3371609 | $1,828,150 | |
| MEMBERSHIP DUES | 900099 | 3796620 | 3796620 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 210018 | TotalRevenueColumn |
| Related Or Exempt Function Income | 210018 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 97616597 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 69340 | TotalRevenueColumn |
| Exclusion | $69,340 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 113201 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 40712 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 72489 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 72489 | TotalRevenueColumn |
| Exclusion | $72,489 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 157720 | GrossSalesOfInventory |
| Cost Of Goods Sold | 115076 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 42644 | TotalRevenueColumn |
| Related Or Exempt Function Income | 42644 | RelatedOrExemptFunctionIncome |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | OTHER REVENUE | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 469950 | TotalRevenueColumn |
| Exclusion | $469,950 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 469950 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 98271020 | TotalRevenueColumn |
| Related Or Exempt Function Income | 85027361 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 10803730 | UnrelatedBusinessRevenue |
| Exclusion | $2,439,929 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 19230 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2012004 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12089351 | Total |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 318684 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1521238 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1099509 | Total |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2879269 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 218287 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 174000 | Total |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 21905920 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11575149 | Total |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 89048 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2011803 | Total |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3005710 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 16486 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 297992 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2852255 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2309348 | Total |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| PRIZE MONEY & AWARDS | 23553694 |
| TRACK OPERATORS | 6677340 |
| FOOD/DRINK CONCESSIONS | 1233552 |
| NATIONAL EVENT HOSPITAL | 510947 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 722353 | Total |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 97093169 | Total |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11790992 | BOY |
| EOY | 12810868 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1369 | BOY |
| EOY | 1369 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2541474 | BOY |
| EOY | 2603337 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 719514 | BOY |
| EOY | 826102 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 70782280 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 31944146 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 40669480 | BOY |
| EOY | 38838134 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1435717 | BOY |
| EOY | 1479586 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2597474 | BOY |
| EOY | 2850281 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 59756020 | BOY |
| EOY | 59409677 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8076162 | BOY |
| EOY | 7204809 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7789954 | BOY |
| EOY | 9205338 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6582051 | BOY |
| EOY | 4837143 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1096253 | BOY |
| EOY | 1109023 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 23544420 | BOY |
| EOY | 22356313 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 36211600 | BOY |
| EOY | 37053364 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 36211600 | BOY |
| EOY | 37053364 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 59756020 | BOY |
| EOY | 59409677 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 1177851 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -336088 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule D IRS990ScheduleD
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3676673 | OtherCostOrOtherBasis |
| Book Value | 3676673 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 41175022 | OtherCostOrOtherBasis |
| Depreciation | 15682733 | Depreciation |
| Book Value | 25492289 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 14361231 | OtherCostOrOtherBasis |
| Depreciation | 6938603 | Depreciation |
| Book Value | 7422628 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 11001637 | OtherCostOrOtherBasis |
| Depreciation | 9322810 | Depreciation |
| Book Value | 1678827 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 567717 | OtherCostOrOtherBasis |
| Book Value | 567717 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 38838134 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| INTERCOMPANY PAYABLES | $1,088,028 |
| INTEREST RATE SWAP AGREEMENTS | $8,156 |
| JUNIOR DRAG RACING LEAGUE SCHOLARSHIPS PAYABLE | $12,839 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 1109023 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | Identifier |
| Return Reference | PART X, LINE 2: | ReturnReference |
| Explanation | THE ASSOCIATION, UNDER THE PROVISIONS OF ASC 740, INCOME TAXES, HAD NO UNCERTAIN TAX POSITIONS REQUIRING ACCRUAL AS OF DECEMBER 31, 2012 AND 2011. THE ASSOCIATION'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. THE ASSOCIATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY TAXING AUTHORITIES FOR YEARS BEFORE 2009 FOR ITS FEDERAL FILING AND FOR YEARS BEFORE 2008 FOR ITS STATE FILINGS. | Explanation |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | NORTH AMERICA | Region |
| Number Of Offices | 1 | NumberOfOffices |
| Number Of Employees | 0 | NumberOfEmployees |
| Type Of Activities Conducted | PROGRAM SERVICES | TypeOfActivitiesConducted |
| Specific Services Provided | CONDUCTING MOTORSPORT EVENTS | SpecificServicesProvided |
| Total Expenditures | 61832 | TotalExpenditures |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Offices | 1 | SubtotalNumberOfOffices |
| Subtotal Number Of Employees | 0 | SubtotalNumberOfEmployees |
| Cont Number Of Offices | 0 | ContNumberOfOffices |
| Cont Number Of Employees | 0 | ContNumberOfEmployees |
| Total Number Of Offices | 1 | TotalNumberOfOffices |
| Total Number Of Employees | 0 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 61832 | SubtotalAmountSpent |
| Cont Amount Spent | 0 | ContAmountSpent |
| Total Amount Spent | 61832 | TotalAmountSpent |
| Transfer To Foreign Corp | 0 | TransferToForeignCorp |
| Interest In Foreign Trust | 0 | InterestInForeignTrust |
| Own Foreign Corp | 0 | OwnForeignCorp |
| Passive Foreign Invest Co | 0 | PassiveForeignInvestCo |
| Foreign Partnership | 0 | ForeignPartnership |
| Boycott Countries | 0 | BoycottCountries |
Form990 Schedule F Part V Form990ScheduleFPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | METHOD USED TO ACCCOUNT FOR EXPENDITURES: | Identifier |
| Explanation | SCHEDULE F, PART I, LINE 3: ACCRUAL | Explanation |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable
Recipient Name Business RecipientNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RPM MINISTRY INC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 833298 | AddressLine1 |
| City | RICHARDSON | City |
| State | TX | State |
| ZIP Code | 750833298 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN Of Recipient | 810650744 | EINOfRecipient |
| IRC Section | 501(C)(3) | IRCSection |
| Amount Of Cash Grant | 6900 | AmountOfCashGrant |
| Purpose Of Grant | CONTRIBUTION FOR MINISTRY SUPPORTING RACERS | PurposeOfGrant |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 1 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 0 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: DURING THE REGULAR COURSE OF BUSINESS THE ASSOCIATION MAKES DONATIONS TO VARIOUS CHARITABLE ORGANIZATIONS. GIVEN THE DEMINIMUS AMOUNTS DONATED THE ASSOCIATION DOES NOT SPECIFY HOW THESE FUNDS ARE TO BE USED, NOR MONITOR HOW THESE FUNDS ARE USED, BY THE RECEIVING ORGANIZATION, HOWEVER, THE ASSOCIATION UNDERSTANDS THAT SUCH FUNDS ARE USED IN ACCORDANCE WITH EACH ORGANIZATION'S STATED MISSION. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | X | FirstClassOrCharterTravel |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
Form990 Schedule J Part II Form990ScheduleJPartII (9 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| THOMAS COMPTON | ||||||||||||||
| PRESIDENT | 499743 | 0 | 150000 | 0 | 13374 | 0 | 10000 | 0 | 35864 | 0 | 708981 | 0 | 0 | 0 |
| PETER CLIFFORD | ||||||||||||||
| TREASURER | 297123 | 0 | 60000 | 0 | 12555 | 0 | 10000 | 0 | 36507 | 0 | 416185 | 0 | 0 | 0 |
| GRAHAM LIGHT | ||||||||||||||
| SECRETARY | 258828 | 0 | 75000 | 0 | 13329 | 0 | 10000 | 0 | 25060 | 0 | 382217 | 0 | 0 | 0 |
| GARY DARCY | ||||||||||||||
| SR VP SALES & MARKETING | 275923 | 0 | 54000 | 0 | 12648 | 0 | 10000 | 0 | 34050 | 0 | 386621 | 0 | 0 | 0 |
| JOHN SIRAGUSA | ||||||||||||||
| SR DIR SALES & BUS DVPMT | 174874 | 0 | 115000 | 0 | 11698 | 0 | 10000 | 0 | 34420 | 0 | 345992 | 0 | 0 | 0 |
| LINDA LOUIE | ||||||||||||||
| VP & GENERAL COUNSEL | 205561 | 0 | 30000 | 0 | 15827 | 0 | 9846 | 0 | 38921 | 0 | 300155 | 0 | 0 | 0 |
| GLEN GRAY | ||||||||||||||
| VP TECHNICAL OPERATIONS | 212923 | 0 | 0 | 0 | 14434 | 0 | 8800 | 0 | 39126 | 0 | 275283 | 0 | 0 | 0 |
| GLEN CROMWELL | ||||||||||||||
| VP NATIONAL EVENT MARKETING | 169146 | 0 | 30000 | 0 | 12612 | 0 | 8008 | 0 | 16054 | 0 | 235820 | 0 | 0 | 0 |
| JERRY ARCHAMBEAULT | ||||||||||||||
| VP PUBLIC REL & COMM | 174180 | 0 | 24000 | 0 | 10752 | 0 | 8210 | 0 | 32659 | 0 | 249801 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| PART I, LINE 1A | UPGRADE COUPONS MAY BE PURCHASED BY VICE-PRESIDENTS AND ABOVE. | |
| PART III | THE COMPENSATION LISTED ON FORM 990 PART VII SECTION A AND ON SCHEDULE J FOR DALLAS GARDNER IS PAID TO THIS BOARD MEMBER IN HIS CAPACITY AS AN INDEPENDENT CONSULTANT, NOT FOR HIS SERVICE AS A BOARD MEMBER OF THE ORGANIZATION. "BONUS AND INCENTIVE COMPENSATION" INCLUDES (A) BONUSES AND (B) AS APPLICABLE, COMMISSIONS BASED ON SALES, ALL OF WHICH, WHEN COMBINED WITH BASE AND OTHER COMPENSATION, CREATE A REASONABLE TOTAL COMPENSATION PACKAGE. BONUS AMOUNTS ARE DETERMINED BY MANAGEMENT AND APPROVED BY THE COMPENSATION COMMITTEE AND/OR THE BOARD OF DIRECTORS. COMMISSION AMOUNTS ARE DETERMINED BY THE SALES PLAN FOR EACH APPLICABLE YEAR. IT IS IMPORTANT FOR NHRA TO BE ABLE TO RECRUIT AND RETAIN HIGHLY QUALIFIED EMPLOYEES WHOSE EXPERIENCE AND PERFORMANCE ENABLE NHRA TO PROVIDE THE COMPLEX AND VARIED SERVICES NECESSARY TO SUPPORT THE ASSOCIATION'S OPERATIONS AND MEET THE VARYING NEEDS OF THE DRAG RACING COMMUNITY. THE OPERATIONS OF NHRA ARE EXTENSIVE AND INVOLVE MANY FACETS, SUCH AS COMPLEX RULEMAKING, LOGISTICS, AND EVENT MANAGEMENT, INCLUDING THE COORDINATION OF MULTIPLE EVENTS IN MULTIPLE LOCATIONS, SETTING POLICIES FOR THOUSANDS OF RACERS, PROMOTING THE SPORT TO MILLIONS OF FANS, OVERSEEING ESSENTIAL SAFETY STANDARDS, PUBLICATIONS, SOCIAL MEDIA, TELEVISION AND MEDIA RELATIONS, EXTENSIVE TRAVEL, COORDINATING A LARGE WORKFORCE, TRACK AND FACILITY MANAGEMENT, RISK MANAGEMENT, AND RELATED ISSUES. ACCORDINGLY, THE ORGANIZATION HAS RECRUITED ITS LEADERS PRIMARILY FROM THOSE WITH EXPERIENCE IN MAJOR FOR-PROFIT ORGANIZATIONS SUCH AS MARS, DELPHI, GM, INTERNATIONAL SPEEDWAY, HEWLETT PACKARD, PACE/CLEARCHANNEL AND HILL & KNOWLTON. NHRA BELIEVES THAT EXPERIENCE, CONTINUITY, AND INDUSTRY RELATIONSHIPS ARE CRITICAL IN ITS ORGANIZATION, AND THUS NHRA STRUCTURES EXECUTIVE COMPENSATION TO ENCOURAGE LONG-TERM COMMITMENTS FROM AND RETENTION OF EXECUTIVES. WHILE NHRA DOES NOT EXPECT TO PAY COMPENSATION THAT IS FULLY COMPETITIVE WITH FOR-PROFIT ORGANIZATIONS, THE BOARD HAS RECOGNIZED THAT, TO ATTRACT AND RETAIN THE NEEDED QUALITY OF LEADERSHIP, ITS MANAGEMENT COMPENSATION MUST BE COMPETITIVE WITH SIMILARLY COMPLEX NONPROFIT ORGANIZATIONS. IN SETTING COMPENSATION, NHRA HAS USED AN OUTSIDE EXPERT IN ANALYZING COMPENSATION ISSUES TO HELP GUIDE AND VALIDATE THE COMPENSATION PROCESS, AS WELL AS A COMMITTEE OF INDEPENDENT MEMBERS OF THE BOARD OF DIRECTORS. THE COMPENSATION OF NHRA'S TOP EXECUTIVES IS REVIEWED ANNUALLY BY THE BOARD. THE CHIEF EXECUTIVE'S COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS. FOR TOP EXECUTIVES INCLUDING THE CEO, CASH COMPENSATION IS COMPRISED OF BASE SALARY AND A BONUS COMPONENT, THE AMOUNT OF WHICH IS BASED ON COMPLEMENTING THE BASE SALARY TO CREATE A COMPETITIVE AND APPROPRIATE ANNUAL COMPENSATION PACKAGE. COMPENSATION IS ANALYZED IN CONJUNCTION WITH MANY FACTORS INCLUDING COMPARABLE COMPENSATION IN THE JOB MARKET, INDIVIDUAL PERFORMANCE, AND THE ORGANIZATION'S OVERALL PERFORMANCE. | SUPPLEMENTAL INFORMATION |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | THE DRAFT OF THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND SUBMITTED TO THE ORGANIZATION FOR REVIEW AND APPROVAL FOR SUBMISSION. THE ORGANIZATION REVIEWS THE DRAFT FORM 990 AND DISTRIBUTES THE DRAFT TO ALL MEMBERS OF THE BOARD OF DIRECTORS FOR THEIR REVIEW AND IS APPROVED BY THE TREASURER FOR SUBMISSION. | |
| FORM 990, PART VI, SECTION B, LINE 12C | ALL EMPLOYEES ARE RESPONSIBLE FOR FOLLOWING THE CONFLICT OF INTEREST POLICY. MANAGEMENT IS RESPONSIBLE FOR ENFORCING COMPLIANCE WITH THE POLICY. THE COMPANY ALSO HAS A PROCEDURE IN PLACE THAT ALLOWS EMPLOYEES TO BRING ANY MATTER THEY FEEL MAY BE A PROBLEM TO MANAGEMENT'S ATTENTION. ANNUALLY RECORDS AND DOCUMENTATION ARE REVIEWED TO IDENTIFY ANY POTENTIAL CONFLICT OF INTEREST, AND IF A POTENTIAL CONFLICT OF INTEREST IS IDENTIFIED, MANAGEMENT REVIEWS THE POTENTIAL CONFLICT TO ENSURE PROPER APPROVALS HAVE BEEN OBTAINED AND IF NOT TAKE APPROPRIATE ACTION AS REQUIRED. BOARD MEMBERS COMPLETE AND SIGN AN ANNUAL CONFLICT OF INTEREST DISCLOSURE FORM. | |
| FORM 990, PART VI, SECTION B, LINE 15 | COMPENSATION IS DETERMINED BY ANALYZING SALARY SURVEYS, OTHER ORGANIZATIONS' FORM 990S, PERIODIC COMPENSATION ANALYSIS BY INDEPENDENT COMPENSATION ANALYSTS, AND ANALYSIS BY A COMMITTEE OF INDEPENDENT MEMBERS OF THE BOARD OF DIRECTORS. SEE SCHEDULE J PART III SUPPLEMENTAL INFORMATION. | |
| FORM 990, PART VI, SECTION C, LINE 19 | GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND AUDITED FINANCIAL STATEMENTS ARE CONSIDERED CONFIDENTIAL AND NOT AVAILABLE TO THE PUBLIC. | |
| FORM 990, PART XI, LINE 9: | RADCO NET INCOME 43,869. PROPERTY AND EQUIPMENT IMPAIRMENT CHARGE -379,957. | CHANGES IN NET ASSETS OR FUND BALANCES: |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NHRA MOTORSPORTS MUSEUM | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1101 WEST MCKINLEY AVE BLDG 3A | AddressLine1 |
| City | POMONA | City |
| State | CA | State |
| ZIP Code | 91768 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 943021388 | EIN |
| Primary Activities | MOTORSPORTS MUSEUM | PrimaryActivities |
| Legal Domicile State | CA | LegalDomicileState |
| Exempt Code Section | 501(C)(3) | ExemptCodeSection |
| Public Charity Status | 7 | PublicCharityStatus |
| Direct Controlling Entity NA | N/A | DirectControllingEntityNA |
| Controlled Org | 1 | ControlledOrg |
Form990 Schedule R Part IV Form990ScheduleRPartIV (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Direct Controlling Entity NADirectControllingEntityNA | Type Of EntityTypeOfEntity | Share Of Total IncomeShareOfTotalIncome | Share Of EOY AssetsShareOfEOYAssets | Percentage OwnershipPercentageOwnership | Controlled OrgControlledOrg |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RADCO INC | ||||||||||||
| 2650 NATIONAL TRAIL RD | HEBRON | OH | 43025 | 310684626 | RENTALS | OH | N/A | C | 100000 | 1584420 | 1.00000 | 1 |
| NHRA INC | ||||||||||||
| 2035 FINANCIAL WAY | GLENDORA | CA | 91741 | 953913667 | RENTALS | CA | N/A | C | 65 | 1.00000 | 1 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 1 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 1 | LoansOrGuaranteesFromOtherOrg |
| Dividends Related Organization | 0 | DividendsRelatedOrganization |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 1 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 1 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 1 | SharingOfFacilities |
| Sharing Of Paid Employees | 1 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 1 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (5 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| NATIONAL HOT ROD ASSOCIATION MOTORSPORTS MUSEUM | ||
| D | 2798849 | FMV |
| NHRA INC | ||
| D | 51463 | FMV |
| RADCO INC | ||
| E | 1088028 | FMV |
| RADCO INC | ||
| K | 100000 | FMV |
| NATIONAL HOT ROD ASSOCIATION MOTORSPORTS MUSEUM | ||
| Q | 1797166 | FMV |
Comments