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Nonprofiteer
← INDIANA STANDARDBRED ASSOCIATION INC

Form 990 for tax year 2025

Filed by INDIANA STANDARDBRED ASSOCIATION INC.

Totals

Total revenue
$1,795,258
Total expenses
$1,682,930
Contributions and grants received
$1,588,233
Grants paid
$129,389
Program service revenue
$207,025
Investment income
$0
Other revenue
$0
Total assets, end of year
$3,107,386
Total liabilities, end of year
$77,350
Net assets or fund balances, end of year
$3,030,036
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
$2,363,030

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $49,950

  • 1f · All other contributions, gifts and grants

    $1,538,283

  • 2a · Program service revenue: HOOSIER PARK-ADMIN FEE

    total $123,073 · related or exempt $123,073

  • 2b · Program service revenue: ELITE

    total $48,350 · related or exempt $48,350

  • 2c · Program service revenue: INDIANA DOWNS-ADMIN FE

    total $10,174 · related or exempt $10,174

  • 2d · Program service revenue: STALLION DIRECTORY

    total $9,553 · related or exempt $9,553

  • 2e · Program service revenue: MAGAZINE ADVERTISING-P

    total $9,450 · related or exempt $9,450

  • 2f · All other program service revenue

    total $6,425 · related or exempt $6,425

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $84,681

  • 2 · Grants to domestic individuals

    total $44,708

  • 5 · Compensation of officers, directors and key employees

    total $6,700

  • 7 · Other salaries and wages

    total $171,702

  • 10 · Payroll taxes

    total $13,694

  • 11b · Fees: legal

    total $15,142

  • 11c · Fees: accounting

    total $30,294

  • 11d · Fees: lobbying

    total $151,050

  • 12 · Advertising and promotion

    total $142,731

  • 13 · Office expenses

    total $40,726

  • 16 · Occupancy

    total $15,091

  • 17 · Travel

    total $9,517

  • 22 · Depreciation, depletion and amortization

    total $4,936

  • 23 · Insurance

    total $83,371

  • 24a · Other expenses: HEALTH SERVICES

    total $436,224

  • 24b · Other expenses: PURSE MONEY

    total $102,850

  • 24c · Other expenses: AWARDS BANQUET

    total $97,849

  • 24d · Other expenses: OFFICE PRINTING & POSTA

    total $62,269

  • 24e · All other expenses

    total $169,395

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,622,825 · end of year $2,740,881

  • 4 · Accounts receivable

    beginning of year $125,550 · end of year $124,080

  • 10a · Land, buildings and equipment: cost or other basis

    $322,206

  • 10b · Land, buildings and equipment: accumulated depreciation

    $106,430

  • 10c · Land, buildings and equipment, net

    beginning of year $214,064 · end of year $215,776

  • 15 · Other assets

    beginning of year $22,650 · end of year $26,649

  • 17 · Accounts payable and accrued expenses

    beginning of year $32,332 · end of year $41,358

  • 25 · Other liabilities

    beginning of year $35,049 · end of year $35,992

  • 27 · Net assets without donor restrictions

    beginning of year $259,024 · end of year $203,099

  • 28 · Net assets with donor restrictions

    beginning of year $2,658,684 · end of year $2,826,937

Mission and programs · 2025

Mission

TO PROMOTE AND INCREASE INTEREST IN HARNESS HORSES AND HARNESS RACING; TO REPRESENT AND ESTABLISH COOPERATION BETWEEN COUNTY, STATE, AND PARI-MUTUEL RACETRACK OPERATIONS, BREEDERS, OWNERS, TRAINERS, DRIVERS, AND GROOMS; TO SPONSOR AND PROMOTE STANARDBRED RACING, BREEDING, TRAINING, AND DEVELOPMENT PROGRAMS IN THE STATE OF INDIANA; TO REPRESENT HORSEMEN/WOMEN FOR NEGOTIATIONS WITH RACETRACK OPERATIONS AND TO TAKE OTHER ACTIONS IN THE FURTHERANCE OF THE STANDARDBRED RACING INDUSTRY IN THE STATE OF INDIANA.

  • PROVIDE MEDICAL SERVICES AND INSURANCE FOR THE HORSEMEN'S BENEFIT ON TRACK GROUNDS.

    Expenses $692,492 · Grants $22,208

  • GENERAL ACCOUNT: LOBBYING ACTIVITY AND ELITE RACE SPONSORSHIP, MEMBERSHIP MAINTENANCE.

    Expenses $1,111,850 · Grants $7,500

  • PROMOTION AND ADVERTISING ACTIVITIES.

    Expenses $218,622 · Grants $55,000

  • Expenses $340,066 · Grants $44,681

As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • John Delong

    PRESIDENT

    Total calculated
    $550
    From this org
    $550
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • Robert Taylor

    1ST VICE PRESIDENT

    Total calculated
    $400
    From this org
    $400
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • Doug Rideout

    2ND VICE PRESIDENT

    Total calculated
    $600
    From this org
    $600
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • Emily Dever

    BOARD SECRETARY

    Total calculated
    $500
    From this org
    $500
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • Matt Rheinheimer

    BOARD TREASURER

    Total calculated
    $300
    From this org
    $300
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • Chad Clark

    DIRECTOR

    Total calculated
    $1,994
    From this org
    $1,994
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • Joe Essig Jr

    DIRECTOR

    Total calculated
    $400
    From this org
    $400
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • Ernie Gaskin

    DIRECTOR

    Total calculated
    $400
    From this org
    $400
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • Rhys Helt

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jay Hochstetler

    DIRECTOR

    Total calculated
    $550
    From this org
    $550
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • Carrie Hollman

    DIRECTOR

    Total calculated
    $600
    From this org
    $600
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • Jamie Macomber

    DIRECTOR

    Total calculated
    $500
    From this org
    $500
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • John Merkel

    DIRECTOR

    Total calculated
    $4,250
    From this org
    $4,250
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • Zach Miller

    DIRECTOR

    Total calculated
    $550
    From this org
    $550
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • James Yoder

    DIRECTOR

    Total calculated
    $350
    From this org
    $350
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Provenance

Return type
form_990
Tax year
2025
Filed
6 April 2026
IRS schema version
2025v4.1
Source object
202611139349301036

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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