NonprofitsInternational Association Of Indianapolis 500 Oltimers Inc

Arts, Culture & Humanities

International Association Of Indianapolis 500 Oltimers Inc

SPEEDWAY, IN

Total revenue

$53K

Total expenses

$62K

Net assets

$452K

Grants received

$35K

2 grants

EIN

351842139

Tax year

2024

Mission

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

Financials

FY 2024

Revenue

Contributions & grants$32K
Program service revenue
Investment income$15
Other revenue$280
Total revenue$53K

Expenses

Grants paid$8K
Salaries & benefits$20K
Fundraising
Other expenses$16K
Total expenses$62K
Total assets$452K
Net assets$452K

People

12 listed

NameRoleCompensation

BARBARA J HELLYER

SECRETARY/TREASURER

Board

$12K

15 hrs/wk

BOB GATES

BOARD MEMBER/NEWSLETTER EDITOR

Board

$8K

4 hrs/wk

CURT CAVIN

BOARD MEMBER

Board

0.5 hrs/wk

DAVE A CALABRO

BOARD MEMBER

Board

0.5 hrs/wk

DONALD C BASALA

BOARD MEMBER

Board

0.5 hrs/wk

JEFFREY V BOLES

BOARD MEMBER

Board

0.5 hrs/wk

JIM LUEBBERT

BOARD MEMBER

Board

0.5 hrs/wk

JOHNNY W PARSONS JR

BOARD MEMBER

Board

0.5 hrs/wk

RICK LONG

BOARD MEMBER

Board

0.5 hrs/wk

RON E MCQUEENEY

PRESIDENT

Board

2 hrs/wk

STEPHEN SOMERMEYER

CHAIRMAN OF THE BOARD

Board

2 hrs/wk

V BRUCE WALKUP

BOARD MEMBER

Board

0.5 hrs/wk

Grants received

Showing 2 of 2

FromAmountPurposeYear
$10K
HUMAN SERVICES
2023
$25K
CULTURE & ARTS
2022

Funded by

$35K from 1 funder · 2 grants · 2022–2023

National Philanthropic Trust

$35K · 2 grants · 2022–2023

Details

EIN351842139
NTEE codeA31
Subsection03
Ruling date2006-02
INTERNATIONAL ASSOCIATION OF INDIANAPOLIS 500 OLTIMERS INC — Mission, Financials & Grants Received | Grantivo