Track II Unit Inc

Track II Unit Inc is a nonprofit organization dedicated to international peace and security. It is registered with the U.S. Internal Revenue Service under the EIN 844309087.

Type of Nonprofit

Track II Unit Inc is categorized as a nonprofit organization focused on international affairs and national security. Donations to this organization are tax-deductible.

Financial Overview

As of recent financial records, the organization's financial activities are summarized as follows:

• Revenue: The majority of the organization's revenue comes from program services. In 2022, program services accounted for 100% of the revenue, with total income from this source amounting to $399,417.
• Expenses: The organization's expenses primarily include executive compensation and other salaries and wages. In 2022, executive compensation was $109,215, while other salaries and wages totaled $160,550. These figures represent significant portions of the total expenses.
• Assets and Liabilities: Track II Unit Inc has maintained minimal liabilities and has reported varying levels of assets over the years. For instance, in 2022, the organization's total assets were $49,649.

Governance and Leadership

Key roles within the organization include:

• Tom Hill, who serves as the Executive Director and President, receiving compensation for these duties.
• Benjamin Nichols and James Dunne, who hold positions as Secretary and Treasurer, respectively, without remuneration.

Activities and Purpose

The specific activities and programs conducted by Track II Unit Inc are not detailed in available public records. However, given its classification related to international peace and security, it likely engages in initiatives aimed at promoting these objectives. Nonprofit organizations in this sector often focus on fostering dialogue, providing support for conflict resolution, and enhancing international cooperation.

Tax Filings and Transparency

Track II Unit Inc files the IRS Form 990 annually, as required for tax-exempt organizations. This form provides detailed information about the organization's mission, financial activities, and governance structure. By maintaining transparency in financial reporting, nonprofit organizations like Track II Unit Inc ensure accountability to donors and stakeholders.

Nonprofit organizations, including Track II Unit Inc, play significant roles in addressing societal needs, and organizations focused on international peace and security often require financial transparency to maintain public trust.