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EIN 75-3088903

Laguna Seca Raceway Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Monterey
State
California
Year formed
2002
Most recent tax filings
2023-12-01
NTEE code, primary
N32: Parks and Playgrounds
Description
The Laguna Seca Raceway Foundation solicits donations to fund major track improvements at the Laguna Seca Recreational Area in Monterey County, California. It supports the motor sports tradition, community involvement, civic enhancement, and environmental improvement. The foundation raises funds for capital improvement projects but did not fund any in 2022.
Also known as...
Laguna Seca Raceway Fund
Total revenues
$87,780
2023
Total expenses
$33,682
2023
Total assets
$500,278
2023
Num. employees
0
2023

Program areas at Laguna Seca Raceway Foundation

Raised funds for capital improvement projects for Laguna Seca Raceway. Scooters were purchased and donated to the Laguna Seca volunteer association in 2023.

Grants made by Laguna Seca Raceway Foundation

GranteeGrant descriptionAmount
Laguna Seca Volunteer AssociationScooter Purchase$0

Who funds Laguna Seca Raceway Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Classic Sports Racing GroupGeneral Support$101,000

Personnel at Laguna Seca Raceway Foundation

NameTitleCompensation
Richard RenardExecutive Director$0
Steve FieldsTreasurer$0
Ross MerrillTreasurer / President$0
Ned SpiekerVice President$0
Arthur CookSecretary$0

Financials for Laguna Seca Raceway Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$124,035
Program services$0
Investment income and dividends$5,621
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$811
Net income from fundraising events$-42,687
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$87,780

Form 990s for Laguna Seca Raceway Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-14990View PDF
2022-122023-11-16990View PDF
2016-122017-10-10990EZView PDF
2015-122017-02-14990EZView PDF
2014-122016-01-19990EZView PDF
...and 5 more Form 990s
Data update history
January 7, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 7, 2024
Updated personnel
Identified 10 new personnel
December 26, 2023
Used new vendors
Identified 1 new vendor, including
December 26, 2023
Received grants
Identified 2 new grant, including a grant for $81,728 from Classic Sports Racing Group
May 2, 2022
Updated personnel
Identified 1 new personnel
Nonprofit Types
Parks and recreation centersCharities
Issues
Human services
Characteristics
Provides grantsFundraising eventsState / local levelTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
PO Box 2538
Monterey, CA 93942
Metro area
Salinas, CA
County
Monterey County, CA
Website URL
lagunasecaracewayfoundation.org/ 
Phone
(831) 809-7309
IRS details
EIN
75-3088903
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2002
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
N32: Parks and Playgrounds
NAICS code, primary
7113: Promoters of Performing Arts, Sports, and Similar Events
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current - In Process
FTB status revoked
Not revoked
AG Registration Number
132588
FTB Entity ID
2463205
AB 488 data last updated ("as-of") date
2025-01-15
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