Detroit Belle Isle Grand Prix Inc.
Detroit Belle Isle Grand Prix Inc.
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About this organization
Mission
Revitalize the city of Detroit and raise funds to preserve and improve Belle Isle Park.
About
Promotes the revitalization of economically depressed areas of the city of Detroit by conducting motor vehicle racing events. Approximately 100,000 fans attended the 2016 Grand Prix. Economic impact for the region is estimated at $50 million.
Interesting data from their 2020 990 filing
The purpose of the non-profit is outlined in the filing as “(1) promotes the revitalization of economically depressed areas of the city of detroit by conducting motor vehicle racing events; and (2) to raise funds for the preservation and improvement of belle isle park.”.
When discussing its operations, they were defined as: “Revitalize the city of detroit and raise funds to preserve and improve belle isle park.”.
- The state where the non-profit operates has been legally reported as MI.
- The filing indicates that the non-profit's address in 2020 is located at 2555 TELEGRAPH ROAD, BLOOMFIELD HILLS, MI, 483020954.
- The non-profit has reported 0 employees on their form as of 2020.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $0.
- The organization has 3 independent voting members.
- The organization was formed in 2006.
- The organization pays $0 in salary, compensation, and benefits to its employees.
- The organization pays $1,467,500 in fundraising expenses.