NATIONAL HOT ROD ASSOCIATION: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- NATIONAL HOT ROD ASSOCIATION (EIN 95-1686172)
- Tax period
- 2015-01-01 to 2015-12-31
- Filed
- 2016-11-15
- IRS object ID
- 201623209349304987
- Schema version
- 2015v2.1
- 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) |
|---|---|---|
| Return | 2016-11-15T12:19:58-06:00 | ReturnTs |
| Tax Period End | 2015-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 910189318 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Moss Adams LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3121 W March Ln Ste 200 | AddressLine1Txt |
| City | Stockton | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 952192367 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2015-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 951686172 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | National Hot Rod Association | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NATI | BusinessNameControlTxt |
| Phone | 6269144761 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2035 Financial Way | AddressLine1Txt |
| City | Glendora | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 917414602 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Peter Clifford | PersonNm |
| Person Title | President | PersonTitleTxt |
| Phone | 6269144761 | PhoneNum |
| Signature | 2016-11-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Tracy S Paglia | PreparerPersonNm |
| PTIN | P00366884 | PTIN |
| Phone | 2099556100 | PhoneNum |
| Preparation | 2016-11-10 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2017-02-10 21:41:12Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Peter Clifford | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2035 Financial Way | AddressLine1Txt |
| City | Glendora | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 917414602 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $97,732,628 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | www.nhra.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1951 | FormationYr |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Activity Or Mission | Preserve and promote the sport of drag racing and improve safety in the sport. | ActivityOrMissionDesc |
| Voting Members Governing Body | 5 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 2 | VotingMembersIndependentCnt |
| Total Employee | 1502 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $8,969,310 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $98,806,761 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $96,675,597 | CYProgramServiceRevenueAmt |
| PY Investment Income | $92,416 | PYInvestmentIncomeAmt |
| CY Investment Income | $121,485 | CYInvestmentIncomeAmt |
| PY Other Revenue | $564,581 | PYOtherRevenueAmt |
| CY Other Revenue | $822,764 | CYOtherRevenueAmt |
| PY Total Revenue | $99,463,758 | PYTotalRevenueAmt |
| CY Total Revenue | $97,619,846 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $40,730 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $2,516,033 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $17,365,480 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $18,520,908 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $82,669,053 | PYOtherExpensesAmt |
| CY Other Expenses | $82,295,389 | CYOtherExpensesAmt |
| PY Total Expenses | $100,075,263 | PYTotalExpensesAmt |
| CY Total Expenses | $103,332,330 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$611,505 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$5,712,484 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $55,648,155 | TotalAssetsBOYAmt |
| Total Assets EOY | $45,624,351 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $17,790,506 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $13,443,499 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $37,857,649 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $32,180,852 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | 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. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | 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. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | 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. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | 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. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | Yes (1) | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 1233 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 1502 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 5 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 2 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IN | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Curtis Winiecki Controller | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6269144761 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2035 Financial Way | AddressLine1Txt |
| City | Glendora | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91741 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| Thomas Compton | |||||||||
| President | 40.00 | 1.00 | Yes (X) | Yes (X) | $1,050,415 | $0 | $23,828 | ||
| Peter Clifford | |||||||||
| President | 40.00 | 1.00 | Yes (X) | Yes (X) | $709,543 | $0 | $35,360 | ||
| Graham Light | |||||||||
| Secretary | 40.00 | Yes (X) | Yes (X) | $420,927 | $0 | $30,135 | |||
| Dallas Gardner | |||||||||
| Board Chairman | 10.00 | Yes (X) | Yes (X) | $100,000 | $0 | $0 | |||
| Michael Cohen | |||||||||
| Board Member | 1.00 | Yes (X) | $13,500 | $0 | $0 | ||||
| Ken Clapp | |||||||||
| Board Member | 1.00 | Yes (X) | $13,500 | $0 | $0 | ||||
| Gary Darcy | |||||||||
| Sr VP Sales & Marketing | 40.00 | $414,882 | $0 | $40,464 | Yes (X) | ||||
| John Siragusa | |||||||||
| Sr Dir Sales & Bus Dvpmt | 40.00 | $262,139 | $0 | $31,941 | Yes (X) | ||||
| Linda Louie | |||||||||
| VP & General Counsel | 40.00 | 1.00 | $341,372 | $0 | $44,356 | Yes (X) | |||
| Glen Gray | |||||||||
| VP Technical Operations | 40.00 | $254,258 | $0 | $44,670 | Yes (X) | ||||
| Glen Cromwell | |||||||||
| VP National Event Marketing | 40.00 | 1.00 | $257,147 | $0 | $25,360 | Yes (X) | |||
| Adriane Ridder | |||||||||
| VP Publications | 40.00 | $191,261 | $0 | $19,165 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $4,028,944 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $295,279 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 28 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| ESPN | |||||
| 13057 COLLECTIONS CENTER DRIVE | Chicago | IL | 60693 | Event ANNOUNCERS | $537,048 |
| DESSER SPORTS MEDIA INC | |||||
| 715 15TH STREET SUITE 200 | SANTA MONICA | CA | 90402 | Consulting | $431,386 |
| PROSKAUER ROSE LLP | |||||
| ELEVEN TIMES SQUARE | NEW YORK | NY | 10036 | Attorneys | $306,468 |
| AMERICAN CORPORATE | |||||
| ONE WORLD TRADE CTR-8TH FLR | LONG BEACH | CA | 90831 | Security Services | $220,210 |
| COMPULINK | |||||
| PO BOX 437 | SILVERTHORNE | CO | 80498 | Event Services | $214,705 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 6 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | ExclusionExclusionAmt |
|---|---|---|---|---|---|
| Admission & Sponsorships | 711210 | $76,879,998 | $67,910,688 | $8,969,310 | |
| Licenses & Fees | 900099 | $11,086,746 | $11,086,746 | ||
| Royalties & Concessions | 900099 | $5,172,641 | $3,183,431 | $1,989,210 | |
| Membership Dues | 900099 | $3,209,800 | $3,209,800 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $326,412 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $326,412 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $96,675,597 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $59,100 | TotalRevenueColumnAmt |
| Exclusion | $59,100 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $63,000 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $615 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $62,385 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $62,385 | TotalRevenueColumnAmt |
| Exclusion | $62,385 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $145,545 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $112,167 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $33,378 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $33,378 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Other Revenue | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $789,386 | TotalRevenueColumnAmt |
| Exclusion | $789,386 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $789,386 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $97,619,846 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $85,750,455 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $8,969,310 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,900,081 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,516,033 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,852,554 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,895,758 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $435,061 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,154,013 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,183,522 | TotalAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,993,934 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $431,729 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $201,121 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,309,831 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,839,410 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $161,994 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,925,856 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,402,059 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,659 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $64,911 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,661,944 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,499,472 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| Prize Money & Awards | $23,958,462 |
| Track Operators | $7,017,357 |
| Food/Drink Concessions | $1,219,870 |
| NAT'L EVENT HOSPITALITY | $357,761 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,216,019 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $103,332,330 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,639,160 | BOYAmt |
| EOY | $6,506,975 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,370 | BOYAmt |
| EOY | $1,370 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,138,013 | BOYAmt |
| EOY | $1,987,731 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $817,369 | BOYAmt |
| EOY | $926,555 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $73,737,962 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $39,178,730 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $35,775,316 | BOYAmt |
| EOY | $34,559,232 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,555,338 | BOYAmt |
| EOY | $1,591,025 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,721,589 | BOYAmt |
| EOY | $51,463 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $55,648,155 | BOYAmt |
| EOY | $45,624,351 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,035,199 | BOYAmt |
| EOY | $6,087,925 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,063,452 | BOYAmt |
| EOY | $5,674,767 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,494,984 | BOYAmt |
| EOY | $116,802 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,196,871 | BOYAmt |
| EOY | $1,564,005 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,790,506 | BOYAmt |
| EOY | $13,443,499 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $37,857,649 | BOYAmt |
| EOY | $32,180,852 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $37,857,649 | BOYAmt |
| EOY | $32,180,852 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $55,648,155 | BOYAmt |
| EOY | $45,624,351 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$5,712,484 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $35,687 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,676,673 | OtherCostOrOtherBasisAmt |
| Book Value | $3,676,673 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $42,479,137 | OtherCostOrOtherBasisAmt |
| Depreciation | $19,856,733 | DepreciationAmt |
| Book Value | $22,622,404 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $14,530,880 | OtherCostOrOtherBasisAmt |
| Depreciation | $8,609,373 | DepreciationAmt |
| Book Value | $5,921,507 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $12,354,857 | OtherCostOrOtherBasisAmt |
| Depreciation | $10,712,624 | DepreciationAmt |
| Book Value | $1,642,233 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $696,415 | OtherCostOrOtherBasisAmt |
| Book Value | $696,415 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $34,559,232 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Intercompany Payables | Desc |
| Amt | $1,564,005 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,564,005 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part X, Line 2: | FormAndLineReferenceDesc |
| Explanation | The Association is exempt from Federal income and California franchise taxes under Section 501(c)(6) of the Internal Revenue Code and the corresponding California provisions. The Association is subject to income taxes for unrelated business income realized in connection with unrelated business activities. There was no income tax for unrelated business income realized in connection with unrelated business activities in 2015 and 2014. | ExplanationTxt |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | NORTH AMERICA - CANADA AND MEXICO, BUT BUT NOT THE UNITED STATES | RegionTxt |
| Offices | 1 | OfficesCnt |
| Employee | 0 | EmployeeCnt |
| Type Of Activities Conducted | Program Services | TypeOfActivitiesConductedTxt |
| Specific Services Provided | Conducting Motorsport Events | SpecificServicesProvidedTxt |
| Region Total Expenditures | $62,170 | RegionTotalExpendituresAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 1 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continutation Total Office | 0 | ContinutationTotalOfficeCnt |
| Continutation Total Employee | 0 | ContinutationTotalEmployeeCnt |
| Total Office | 1 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $62,170 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $62,170 | TotalSpentAmt |
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, line 3: | FormAndLineReferenceDesc |
| Explanation | Accrual | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NHRA MOTORSPORTS MUSEUM | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2035 Financial Way | AddressLine1Txt |
| City | Glendora | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 917414602 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 943021388 | RecipientEIN |
| IRC Section | 501(c)(3) | IRCSectionDesc |
| Non Cash Assistance | $2,500,000 | NonCashAssistanceAmt |
| Valuation Method Used | Book | ValuationMethodUsedDesc |
| Non Cash Assistance | Cancellation of Debt | NonCashAssistanceDesc |
| Purpose Of Grant | To support the museum | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | During the regular course of business the Association makes donations to various charitable organizations. Given the de minimus 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. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (1) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (9 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Thomas Compton | ||||||||||||||
| President | $358,315 | $0 | $191,100 | $0 | $501,000 | $0 | $10,600 | $0 | $13,228 | $0 | $1,074,243 | $0 | $0 | $0 |
| Peter Clifford | ||||||||||||||
| President | $472,749 | $0 | $203,500 | $0 | $33,294 | $0 | $10,600 | $0 | $24,760 | $0 | $744,903 | $0 | $0 | $0 |
| Graham Light | ||||||||||||||
| Secretary | $304,249 | $0 | $82,750 | $0 | $33,928 | $0 | $10,600 | $0 | $19,535 | $0 | $451,062 | $0 | $0 | $0 |
| Gary Darcy | ||||||||||||||
| Sr VP Sales & Marketing | $301,093 | $0 | $82,750 | $0 | $31,039 | $0 | $10,600 | $0 | $29,864 | $0 | $455,346 | $0 | $0 | $0 |
| John Siragusa | ||||||||||||||
| Sr Dir Sales & Bus Dvpmt | $179,349 | $0 | $70,313 | $0 | $12,477 | $0 | $10,229 | $0 | $21,712 | $0 | $294,080 | $0 | $0 | $0 |
| Linda Louie | ||||||||||||||
| VP & General Counsel | $265,093 | $0 | $43,725 | $0 | $32,554 | $0 | $10,600 | $0 | $33,756 | $0 | $385,728 | $0 | $0 | $0 |
| Glen Gray | ||||||||||||||
| VP Technical Operations | $224,929 | $0 | $15,000 | $0 | $14,329 | $0 | $9,891 | $0 | $34,779 | $0 | $298,928 | $0 | $0 | $0 |
| Glen Cromwell | ||||||||||||||
| VP National Event Marketing | $208,791 | $0 | $35,000 | $0 | $13,356 | $0 | $9,800 | $0 | $15,560 | $0 | $282,507 | $0 | $0 | $0 |
| Adriane Ridder | ||||||||||||||
| VP Publications | $156,608 | $0 | $15,000 | $0 | $19,653 | $0 | $6,521 | $0 | $12,644 | $0 | $210,426 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Line 1a | Upgrade coupons may be purchased by vice-presidents and above. |
| Part I, Lines 4a-b | Tom Compton was paid in accordance with the terms of a confidential agreement which will be provided to the internal revenue service upon request. A 457(f) plan was established pursuant to approval from the Compensation Committee for Tom Compton, to which nothing was contributed during 2015. Vesting will occur on the earliest of the following dates or events, provided that Mr. Compton remains continuously employed by the Association through such time: January 2, 2016, or Mr. Compton's death, disability, or the date on which his employment is terminated without cause under his employment agreement. If Mr. Compton's employment otherwise is terminated prior to any of the dates or events set forth above the funds shall be forfeited. |
| SCHEDULE J | The compensation listed on Form 990 Part VII Section A 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, Hewlett Packard, and Pace/ClearChannel. 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 compensation committee of 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. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| 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 35,687. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NHRA Motorsports Museum | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1101 West McKinley Ave Bldg 3A | AddressLine1Txt |
| City | Pomona | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91768 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 943021388 | EIN |
| Primary Activities | Motorsports Museum | PrimaryActivitiesTxt |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Exempt Code Section | 501(c)(3) | ExemptCodeSectionTxt |
| Public Charity Status | 7 | PublicCharityStatusTxt |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Direct Controlling NADirectControllingNACd | Entity TypeEntityTypeTxt | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | OwnershipOwnershipPct | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RADCO INC | ||||||||||||
| 2650 National Trail Road | Hebron | OH | 43025 | 310684626 | rentals | OH | N/A | C | $100,000 | $1,704,034 | 1.00000 | Yes (1) |
| NHRA INC | ||||||||||||
| 2035 E Financial Way | Glendora | CA | 91741 | 953913667 | rentals | CA | N/A | C | $65 | 1.00000 | Yes (1) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (1) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | Yes (1) | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | Yes (1) | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | Yes (1) | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (6 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| NATIONAL HOT ROD ASSOCIATION MOTORSPORTS MUSEUM | ||
| B | $2,500,000 | FMV |
| NHRA INC | ||
| D | $51,463 | FMV |
| NATIONAL HOT ROD ASSOCIATION MOTORSPORTS MUSEUM | ||
| E | $340,043 | FMV |
| RADCO INC | ||
| E | $1,223,961 | FMV |
| National Hot Rod Association Motorsports Museum | ||
| Q | $550,492 | FMV |
| RaDCO INC | ||
| K | $100,000 | FMV |