Can anyone explain NHRA?

Tony Janes · 04-21-2009, 09:32 AM

There is no comparison to the drag racing of the sixties and the present day drag racing.

Bruce Noland · 04-21-2009, 10:35 AM

Greg,
I believe the directors are voted in by the sitting members. The members remain on the board until they quit, voted off or die.

The HD proxy statement contains a lot of information about nhra's finances. I'll try to post some of the financial statements from 05,06,07 when I figure out how to do it.

Besides giving/paying out a few percentage points of the money it brings in each year a 501(c)(6) must meet at least 7 characteristics to receive a "grant" of tax exempt status. The 7 characteristics are fairly broad but there are some very thorny issues that could trip any 501(c)(6) if they don't stay on their toes.

lots of easy to read stuff on 501(c)(6)
http:www.irs.gov/pub/irs-tege/eotopick03.pdf

Bob Pagano · 04-21-2009, 10:57 AM

dragraceresearch, And their response was...........nothing I bet. You post makes sense but we know that went out long ago.

Yo Ken · 04-21-2009, 11:20 AM

dragraceresearch's posts have been removed. This topic is to important for people to be using a alias. dragraceresearch just joined Class Racer, and it looks like his purpose is to only hammer NHRA.

As everyone knows, I am a supported of NHRA and I have no problem telling members how I feel. I also understand that members need to express their opinion about NHRA even if they are not the same as mine.

I will not let members post about this issue on Class Racer without knowing who they are.

Ken Miele

Tony Janes · 04-21-2009, 11:29 AM

Ken: I agree you with you, I have never like post by phony names

Ed Fernandez · 04-21-2009, 02:53 PM

Yo Ken;
Am I allowed to post as Wally Booth,great great great great grandson of John Wilkes Booth?

Ed

Bruce Noland · 04-21-2009, 03:03 PM

And I thought the trip to Florida might help him. You know. Kinda get some of that Jersey air out of his head. But I guess not!

Jack Matyas · 04-21-2009, 03:56 PM

Quote:

Originally Posted by admin

dragraceresearch's posts have been removed. This topic is to important for people to be using a alias. dragraceresearch just joined Class Racer, and it looks like his purpose is to only hammer NHRA.

As everyone knows, I am a supported of NHRA and I have no problem telling members how I feel. I also understand that members need to express their opinion about NHRA even if they are not the same as mine.

I will not let members post about this issue on Class Racer without knowing who they are.

Ken Miele

Yo Ken .........you got my vote .

04-21-2009, 09:32 AM	#1
Tony Janes Senior Member Join Date: Jan 2002 Location: Whittier, Ca Posts: 830 Likes: 94 Liked 3 Times in 3 Posts	Re: Can anyone explain NHRA? There is no comparison to the drag racing of the sixties and the present day drag racing. __________________ Tony Janes 7941 STK, SS

04-21-2009, 10:35 AM	#2
Bruce Noland VIP Member Join Date: Jun 2002 Posts: 1,855 Likes: 83 Liked 444 Times in 145 Posts	Re: Can anyone explain NHRA? Greg, I believe the directors are voted in by the sitting members. The members remain on the board until they quit, voted off or die. The HD proxy statement contains a lot of information about nhra's finances. I'll try to post some of the financial statements from 05,06,07 when I figure out how to do it. Besides giving/paying out a few percentage points of the money it brings in each year a 501(c)(6) must meet at least 7 characteristics to receive a "grant" of tax exempt status. The 7 characteristics are fairly broad but there are some very thorny issues that could trip any 501(c)(6) if they don't stay on their toes. lots of easy to read stuff on 501(c)(6) http:www.irs.gov/pub/irs-tege/eotopick03.pdf __________________ Bruce Noland 1788 STK Last edited by Bruce Noland; 04-21-2009 at 10:47 AM.

04-21-2009, 10:57 AM	#3
Bob Pagano VIP Member Join Date: Jun 2002 Location: New Holland, PA Mooresville,NC Posts: 1,163 Likes: 241 Liked 16 Times in 11 Posts	Re: Can anyone explain NHRA? dragraceresearch, And their response was...........nothing I bet. You post makes sense but we know that went out long ago. __________________ Bob Pagano A/SA

04-21-2009, 11:20 AM	#4
Yo Ken Administrator Join Date: Nov 2001 Posts: 220 Likes: 13 Liked 587 Times in 35 Posts	Re: Can anyone explain NHRA? dragraceresearch's posts have been removed. This topic is to important for people to be using a alias. dragraceresearch just joined Class Racer, and it looks like his purpose is to only hammer NHRA. As everyone knows, I am a supported of NHRA and I have no problem telling members how I feel. I also understand that members need to express their opinion about NHRA even if they are not the same as mine. I will not let members post about this issue on Class Racer without knowing who they are. Ken Miele __________________ Administrator Class Racer.com

04-21-2009, 11:29 AM	#5
Tony Janes Senior Member Join Date: Jan 2002 Location: Whittier, Ca Posts: 830 Likes: 94 Liked 3 Times in 3 Posts	Re: Can anyone explain NHRA? Ken: I agree you with you, I have never like post by phony names __________________ Tony Janes 7941 STK, SS

04-21-2009, 02:53 PM	#6
Ed Fernandez Veteran Member Join Date: Nov 2001 Location: NOO JOISEY nexta NOO YAWK Posts: 5,879 Likes: 38 Liked 100 Times in 45 Posts	Re: Can anyone explain NHRA? Yo Ken; Am I allowed to post as Wally Booth,great great great great grandson of John Wilkes Booth? Ed __________________ Former NHRA #1945 Former IHRA #1945 T/SA

04-21-2009, 03:03 PM	#7
Bruce Noland VIP Member Join Date: Jun 2002 Posts: 1,855 Likes: 83 Liked 444 Times in 145 Posts	Re: Can anyone explain NHRA? And I thought the trip to Florida might help him. You know. Kinda get some of that Jersey air out of his head. But I guess not! __________________ Bruce Noland 1788 STK