EIN 26-1080365

Speedway Trails Association

IRS 501(c) type
501(c)(3)
Num. employees
0
State
Year formed
2016
Most recent tax filings
2023-12-01
NTEE code, primary
Description
Promote walking trails within the town of Speedway Indiana Trails were identified and a program of adverising these trails and soliciting approval to use these trails was obtain. To promote & construct walking trails in Indiana. Promote Walkting Trails in Speedway In. Promote Walking Trails in Speedway In. To promote walking Trails in Indiana.
Total revenues
$120,729
2023
Total expenses
$100,320
2023
Total assets
$5,935,299
2023
Num. employees
0
2023

Program areas at Speedway Trails Association

Speedway Trails Association undertook the initiative to expand B&O Rail-Trail within Marion County, IN. Building west from Michigan St in the City of Indianapolis towards the Hendricks County line, 2.6-miles of asphalt have been added to the trail, along with a bridge of approximately 100 meters across Eagle Creek. Key partners in the project include Central Indiana Community Foundation, Town of Speedway, Indianapolis Parks Foundation, Allison Transmission, Wilcox Environmental Engineering, & Eskanazi Health. Refer to Part-III of Form 990 for additional information. Through 2023, $527,359 has been spent on land acquisition for the project. Additional costs of $5,274,475 has been spent on the design & engineering, management, & construction of the trail extension. Speedway Trails Association has been awarded a grant of $4,893,470 from State of Indiana's Next Level Trails program as primary funding for the project.
Speedway Trails Association maintains trails in the general vicinity of Town of Speedway, IN. Association owns land of former Peoria & Eastern Railroad right-of-way which has been rebuilt as approximately 1-mile of asphalt trail. Expenses were incurred to maintain the trail.

Who funds Speedway Trails Association

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Central Indiana Community Foundation (CICF)B&o Trail Construction$1,676,383
Hulman Memorial Way Foundation$2,000
AmazonSmile FoundationGeneral Support$46

Personnel at Speedway Trails Association

NameTitleCompensation
Sally WorrellMembership Director$0
David S SantelikTreasurer$0
Frank MerritPresident$0
Beverly KatterhenryVice President$0
Michelle LowrySecretary$0
...and 3 more key personnel

Financials for Speedway Trails Association

RevenuesFYE 12/2023
Total grants, contributions, etc.$52,473
Program services$0
Investment income and dividends$11,507
Tax-exempt bond proceeds
Royalty revenue
Net rental income
Net gain from sale of non-inventory assets
Net income from fundraising events$56,749
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$120,729

Form 990s for Speedway Trails Association

Fiscal year endingDate received by IRSFormPDF link
2023-122024-03-23990View PDF
2022-122023-05-12990View PDF
2021-122022-08-27990View PDF
2020-122021-11-15990View PDF
2016-122017-10-13990EZView PDF
...and 6 more Form 990s
Data update history
May 22, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 18, 2024
Used new vendors
Identified 1 new vendor, including
December 25, 2023
Received grants
Identified 1 new grant, including a grant for $1,676,383 from Central Indiana Community Foundation (CICF)
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 3, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Parks and recreation centersCharities
Issues
Human servicesCommunity improvement
Characteristics
Fundraising eventsState / local levelTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
5046 W 13th St
Indianapolis, IN 46224
Metro area
Indianapolis-Carmel-Anderson, IN
County
Marion County, IN
Website URL
speedwaytrails.com/ 
Phone
(317) 440-1181
IRS details
EIN
26-1080365
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2016
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
N32: Parks and Playgrounds
NAICS code, primary
713940: Fitness and Recreational Sports Centers
Parent/child status
Independent
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