In a word, none. N24HC is a 501(c)(4) Michigan nonprofit corporation ("... devoted exclusively to ... recreational purposes ..."). All the corporate officers, organizers and volunteers are unpaid.
Our financial report, Form 990EZ, is filed annually with the IRS and is open for public inspection. Major expenses include use of the school facilities, Sheriff's Reserve officers, Emergency Medical coverage and insurance.
Donations are not tax-deductible, but we do not seek donations, preferring to operate on registration fees.
The whole idea is that N24HC is an athletic event, and our focus is on the best possible rider experience.
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