2024-04-23T08:09:20-05:00 2023-12-31 351489521 GREENWALT CPAS INC 5342 W VERMONT STREET INDIANAPOLIS IN 46224 990EZ 2023-01-01 351842139 INTERNATIONAL ASSOCIATION OF INDIANAPOLIS 500 OLDTIMERS INC INTE 3176972230 4967 WEST 12TH STREET SPEEDWAY IN 46224 BARBARA J HELLYER EXECUTIVE SECRETARY 3176972230 2024-04-18 1 BARBARA HELLYER 999009999 0 JOHN W KELLER CPA P01329619 3172412999 2024-04-18 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z X X N/A X X 152416 X 63257 37220 8 51328 59125 -7797 579 579 24 93291 7500 19000 1435 12044 18171 58150 35141 358082 29346 422569 X 133509 168651 224573 253918 358082 422569 0 0 358082 422569 X THE PURPOSE OF THE ORGANIZATION IS TO PROVIDE EDUCATION AND GUIDANCE FOR THE YOUNGER RACING GENERATION, PROVIDE SUITABLE RECOGNITION FOR OUTSTANDING PARTICIPANTS OF THE INDIANAPOLIS 500. TO SPONSOR ACTS OF CHARITY, CULTURE AND EDUCATION, COMPILATION AND PRESERVATION OF HISTORICAL FACTS CONCERNING THE RACE, COMPETING CARS AND THE RACING PERSONNEL ENTERED FOR THE PURPOSE OF PARTICIPATING IN THE EVENT FROM THE INAUGURAL RACE TO THE PRESENT. PROMOTE SOCIAL ENJOYMENT AND FELLOWSHIP AMONG ITS MEMBERS AND TO FURTHER INTEREST OF AUTO RACING IN GENERAL PROMOTE EDUCATION ABOUT THE INDIANAPOLIS 500 RACE AND PERFORM CHARITABLE ACTIVITIES BUILT AROUND THE RACE. INCLUDES CREATING A ROSTER BOOK EVERY TWO YEARS, WHICH IS THEN SOLD TO PROMOTE THE ORGANIZATION'S EXEMPT PURPOSE 7500 7500 CREATE A NEWSLETTER THAT IS PUBLISHED FOUR TIMES A YEAR AND MAILED TO OUR MEMBERS, KEEPING THEM UP TO DATE WITH THE ORGANIZATIONS ACTIVITIES AND EVENTS SURROUNDING THE INDIANAPOLIS 500 RACE. 0 11295 HOLD SOCIAL EVENTS TO PROMOTE UNITY AMONG OUR MEMBERS. THIS INCLUDES HOLDING AN ANNUAL BARBECUE FOR THE MEMBERS, MAKING MEMBERSHIP CARDS AND PINS TO BE WORN AT ORGANIZATION EVENTS TROPHIES AND OTHER AWARDS TO BE GIVEN AT OUR ANNUAL DINNER, AND TO SETUP A HOSPITALITY ROOM FOR OUR MEMBERS DURING RACE SEASON. 0 9920 28715 X BARBARA J HELLYER SECRETARY/TREASURER 10.00 12500 0 0 BOB GATES BOARD MEMBER/NEWSLETTER EDITOR 2.50 6500 0 0 CURT CAVIN BOARD MEMBER 0.50 0 0 0 DAN COTA 1ST VICE PRESIDENT 2.00 0 0 0 DAVE A CALABRO BOARD MEMBER 0.50 0 0 0 DONALD C BASALA BOARD MEMBER 0.50 0 0 0 JEFFREY V BOLES BOARD MEMBER 2.00 0 0 0 JIM LUEBBERT BOARD MEMBER 0.50 0 0 0 JOHNNY W PARSONS JR BOARD MEMBER 0.50 0 0 0 RICK LONG BOARD MEMBER 0.50 0 0 0 RON E MCQUEENEY PRESIDENT 2.00 0 0 0 STEPHEN SOMERMEYER CHAIRMAN OF THE BOARD 2.00 0 0 0 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 BARBARA J HELLYER TREASURER 4967 W 12TH STREET SPEEDWAY IN 46224 3176972230 0 0 0 0 0 0 0 0 0 0 NONE NONE 1 X 41679 29448 48974 42409 100477 262987 458 109 246 357 579 1749 42137 29557 49220 42766 101056 264736 0 0 0 264736 36 18 13 7 8 82 36 18 13 7 8 82 1745 45 24 1814 42173 29575 50978 42818 101088 266632 0.99290 0.98900 0.00030 0.00050 X X HALL OF FAME DINNER 51328 51328 3600 40755 4850 BARBECUE 3300 4111 2509 51328 51328 6900 44866 7359 59125 -7797 FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME DESCRIPTION: INTEREST INCOME. AMOUNT: 8. FORM 990-EZ, PART I, LINE 7 - SALES OF INVENTORY INCOME: GROSS RECEIPTS: 579. RETURNS AND ALLOWANCES: 0. LESS COST OF GOODS SOLD: 0. GROSS PROFIT: 579. FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE DESCRIPTION: MISCELLENOUS INCOME. AMOUNT: 24. FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID ACTIVITY CLASSIFICATION: INTERNSHIP PROGRAM. GRANTEE NAME: INDIANAPOLIS MOTOR SPEEDWAY. GRANTEE ADDRESS: 4790 W. 16TH STREET SPEEDWAY, IN 46222. AMOUNT GIVEN: 1,000. FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID ACTIVITY CLASSIFICATION: DONATION. GRANTEE NAME: SPEEDWAY PUBLIC LIBRARY. GRANTEE ADDRESS: 5633 W. 25TH STREET SPEEDWAY, IN 46224. AMOUNT GIVEN: 500. FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID ACTIVITY CLASSIFICATION: DONATION. GRANTEE NAME: NMAR HALL OF FAME. AMOUNT GIVEN: 500. FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID ACTIVITY CLASSIFICATION: DONATION. GRANTEE NAME: INDIANAPOLIS MOTOR SPEEDWAY. GRANTEE ADDRESS: 4790 W. 16TH STREET SPEEDWAY, IN 46222. AMOUNT GIVEN: 5,000. FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID ACTIVITY CLASSIFICATION: DONATION. GRANTEE NAME: USAC BENEVOLENT FOUNDATION. GRANTEE ADDRESS: 124 E NORTHFIELD DR, SUITE F #129 BROWNSBURG, IN 46112. AMOUNT GIVEN: 500. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 7,500. FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES DESCRIPTION: MEMBERSHIP COSTS. AMOUNT: 1,470. DESCRIPTION: RENTALS. AMOUNT: 5,584. DESCRIPTION: WEBSITE. AMOUNT: 4,000. DESCRIPTION: CONFERENCES, CONVENTIONS, AND MEETINGS. AMOUNT: 1,079. DESCRIPTION: INSURANCE. AMOUNT: 2,941. DESCRIPTION: MERCHANDISE. AMOUNT: 2,910. DESCRIPTION: MISCELLANEOUS. AMOUNT: 187. TOTAL TO FORM 990-EZ, LINE 16: 18,171. FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS DESCRIPTION: UNREALIZED GAIN (LOSS) ON INVESTMENTS. AMOUNT: 29,346. FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS DESCRIPTION: INVESTMENT ACCOUNT. BEG. OF YEAR AMOUNT: 224,573. END OF YEAR AMOUNT: 253,918. THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.