EIN 95-1686172

National Hot Rod Association

IRS 501(c) type
501(c)(6)
Num. employees
1,132
Year formed
1951
Most recent tax filings
2022-12-01
Description
National Hot Rod Association preserves and promotes the sport of drag racing, improves safety in the sport, and aims to improve business conditions in the hot rod industry. The Association expends substantial resources to govern and sanction races while fostering fair competition. They establish rules that aim to enhance safety and continually analyze experiences gained from years of engagement in drag racing. The organization is headquartered in Glendora, CA.
Total revenues
$88,809,883
2022
Total expenses
$82,386,401
2022
Total assets
$70,216,676
2022
Num. employees
1,132
2022

Program areas at National Hot Rod Association

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, continuously investing in facility safety and nhra track improvements, 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 television programs and 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 five 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 typically also conducts a dedicated annual career opportunities fair.
The Association's 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 members and 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.
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 seven 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.

Grants made by National Hot Rod Association

GranteeGrant descriptionAmount
RPM MinistryGrant Assistance$6,300

Who funds National Hot Rod Association

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Vance Family FoundationLaunch Career Program$350,000
Specialty Equipment Market AssociationGeneral Support.$22,000

Personnel at National Hot Rod Association

NameTitleCompensation
Peter CliffordChief Executive Officer and Board Chairman / Chief Executive Officer / Executive Vice President and General Manager / Treasurer$615,832
Brad GerberVice President Sales and Chief Development Officer
Wally ParksFounder
Kasey ColerVice President - Track Management and Operations / Vice President of Marketing and Brand Strategy
Glen GrayTechnical Administration Executive / Vice President - Technical Operations$257,848
...and 28 more key personnel

Financials for National Hot Rod Association

RevenuesFYE 12/2022
Total grants, contributions, etc.$2,738,000
Program services$84,816,793
Investment income and dividends$235,532
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$63,102
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$18,538
Miscellaneous revenues$937,918
Total revenues$88,809,883

Form 990s for National Hot Rod Association

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-14990View PDF
2020-122021-11-12990View PDF
2019-122021-06-25990View PDF
2018-122020-06-09990View PDF
...and 9 more Form 990s
Data update history
December 28, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 24, 2023
Used new vendors
Identified 4 new vendors, including , , , and
December 24, 2023
Received grants
Identified 2 new grant, including a grant for $350,000 from The Vance Family Foundation
July 17, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 6, 2023
Used new vendors
Identified 7 new vendors, including , , , , , , and
Nonprofit Types
Amateur sports clubsSports organizationsHeadquarter / parent organizations
Issues
Arts, cultural, and humanitiesHuman servicesSports
Characteristics
MembershipsOperates internationallyReceives government funding
General information
Address
140 Via Verde 100
San Dimas, CA 91773
Metro area
Los Angeles-Long Beach-Anaheim, CA
Website URL
nhra.com/nhra 
Phone
(626) 914-4761
Facebook page
NHRA 
IRS details
EIN
95-1686172
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1951
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
N60: Amateur Sports Clubs, Leagues
NAICS code, primary
813990: Sports Regulatory Associations and Property Owner Associations
Parent/child status
Central organization
Free account sign-up

Want updates when National Hot Rod Association has new information, or want to find more organizations like National Hot Rod Association?

Create free Cause IQ account