Nonprofit · EIN 33-0490263
PROFESSIONAL RACERS OWNERS ORGANIZATION INC A DELAWARE CORP
Tax-exempt · INDIANAPOLIS, IN 46228
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $237,637 | $344,664 | -$107,027 | $393,640 | $590,220 | -$196,580 |
| December 31, 2023 | 990 | $121,650 | $344,460 | -$222,810 | $1,333,380 | $1,305,796 | $27,584 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $120,500
- Investment income
- $0
- Other revenue
- $117,137
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $82,500
- Salaries, compensation and benefits (total)
- $88,901
- Professional fundraising fees
- $0
- Accounting fees
- $32,898
- Occupancy
- $364
- Travel
- $10,265
- Program services (functional)
- $209,109
- Fundraising (functional)
- $135,555
Balance sheet and other
- Total assets, start of year
- $1,333,380
- Total assets, end of year
- $393,640
- Total liabilities, end of year
- $590,220
- Net assets, end of year
- -$196,580
- Gross receipts
- $237,637
- Employees
- 1
- State of legal domicile
- IN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHELLE DOMAGALA | SECRETARY/TR Trustee or director, Officer | 40 | $82,500 |
| GREG ANDERSON | BOARD MEMBER Trustee or director | 1 | $0 |
| ANTRON BROWN | BOARD MEMBER Trustee or director | 1 | $0 |
| RON CAPPS | BOARD MEMBER Trustee or director | 1 | $0 |
| DUSTIN DAVIS | BOARD MEMBER Trustee or director | 1 | $0 |
| RICHARD FREEMAN | BOARD MEMBER Trustee or director | 1 | $0 |
| CHAD HEAD | VICE PRESIDE Trustee or director, Officer | 1 | $0 |
| JIM HEAD | BOARD MEMBER Trustee or director | 1 | $0 |
| BOB TASCA III | BOARD MEMBER Trustee or director | 1 | $0 |
| ALAN JOHNSON | PRESIDENT Trustee or director, Officer | 1 | $0 |
| PAUL LEE | BOARD MEMBER Trustee or director | 1 | $0 |
| TONY STEWART | BOARD MEMBER Trustee or director | 1 | $0 |
| STEVE TORRENCE | BOARD MEMBER Trustee or director | 1 | $0 |
| SCOTT WOODRUFF | BOARD MEMBER Trustee or director | 1 | $0 |
| DEL WORSHAM | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MICHELLE DOMAGALA | SECRETARY/TR Trustee or director, Officer | 40 | $80,000 | $4,740 |
| GREG ANDERSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ANTRON BROWN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| RON CAPPS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DUSTIN DAVIS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| RICHARD FREEMAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CHAD HEAD | VICE-PRESIDE Trustee or director, Officer | 1 | $0 | $0 |
| JIM HEAD | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ROBERT HIGHT | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| BOB TASCA III | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ALAN JOHNSON | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| PAUL LEE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| TONY STEWART | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| STEVE TORRENCE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SCOTT WOODRUFF | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DEL WORSHAM | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1000 W 58TH ST, INDIANAPOLIS, IN 46228-1406
- In care of
- % JULIE GONZALEZ
- Principal officer (990 for 2024)
- CHAD HEAD, 1000 W 58TH STREET, INDIANAPOLIS, IN 46228
- Signed the 990
- CHAD HEAD, VICE PRESIDENT
- Phone
- (317) 373-8455
- Return prepared by
- DRC TAX & ACCOUNTING
Mission
TO NEGOTIATE BETWEEN THE NATIONAL HOT ROD ASSOCIATION AND THE RACERS.
Program accomplishments
- TO NEGOTIATE BETWEEN THE NATIONAL HOT ROD ASSOCIATION AND THE RACERS.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 33-0490263
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2004
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $393,640
- Income (IRS master file)
- $237,637
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $237,637 | $344,664 | $393,640 | XML |
| 990 | December 2023 | $121,650 | $344,460 | $1,333,380 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 33-0490263).
Questions about PROFESSIONAL RACERS OWNERS ORGANIZATION INC A DELAWARE CORP
- What is the EIN of PROFESSIONAL RACERS OWNERS ORGANIZATION INC A DELAWARE CORP?
- The employer identification number (EIN) of PROFESSIONAL RACERS OWNERS ORGANIZATION INC A DELAWARE CORP is 33-0490263.
- Is PROFESSIONAL RACERS OWNERS ORGANIZATION INC A DELAWARE CORP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2004.
- Are donations to PROFESSIONAL RACERS OWNERS ORGANIZATION INC A DELAWARE CORP tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does PROFESSIONAL RACERS OWNERS ORGANIZATION INC A DELAWARE CORP file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PROFESSIONAL RACERS OWNERS ORGANIZATION INC A DELAWARE CORP due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PROFESSIONAL RACERS OWNERS ORGANIZATION INC A DELAWARE CORP last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of PROFESSIONAL RACERS OWNERS ORGANIZATION INC A DELAWARE CORP?
- The 990 for the year ended December 31, 2024 names CHAD HEAD.
- Who are the officers and directors of PROFESSIONAL RACERS OWNERS ORGANIZATION INC A DELAWARE CORP?
- The 990 for the year ended December 31, 2024 lists 15 people; 1 received compensation from the organization, the highest $82,500 (MICHELLE DOMAGALA, SECRETARY/TR).
- How much revenue does PROFESSIONAL RACERS OWNERS ORGANIZATION INC A DELAWARE CORP have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $237,637, expenses of $344,664 and total assets of $393,640 at year end.
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