Form 990 for tax year 2022
Filed by CALIFORNIA THOROUGHBRED HORSEMENS FOUNDATION.
Totals
- Total revenue
- $2,100,674
- Total expenses
- $2,075,224
- Contributions and grants received
- $1,795,791
- Grants paid
- $7,500
- Program service revenue
- $145,400
- Investment income
- $151,629
- Other revenue
- $7,854
- Total assets, end of year
- $4,949,826
- Total liabilities, end of year
- $94,937
- Net assets or fund balances, end of year
- $4,854,889
- Program services expenses (Part IX)
- $1,815,188
- Management and general expenses
- $260,036
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,815,188
Program services were 87.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
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.
-
1f · All other contributions, gifts and grants
$1,795,791
-
2a · Program service revenue: MEDICAL & DENTAL SERVICES FEE
total $145,400 · related or exempt $145,400
-
3 · Investment income
total $136,142 · excluded $136,142
-
7a · Gross sales of assets other than inventory
securities $1,507,685
-
7b · Less cost or other basis and sales expenses
securities $1,492,198
-
7c · Gain or loss
securities $15,487
-
7d · Net gain or loss
total $15,487 · excluded $15,487
-
11a · Other revenue: OTHER INCOME
total $7,854 · excluded $7,854
-
11e · Other revenue, total
$7,854
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $7,500 · program services $7,500
-
5 · Compensation of officers, directors and key employees
total $174,300 · program services $52,290 · management and general $122,010
-
7 · Other salaries and wages
total $980,110 · program services $967,810 · management and general $12,300
-
8 · Pension plan contributions
total $91,033 · program services $91,033
-
9 · Other employee benefits
total $43,588 · program services $40,881 · management and general $2,707
-
10 · Payroll taxes
total $88,972 · program services $79,211 · management and general $9,761
-
11b · Fees: legal
total $2,673 · management and general $2,673
-
11c · Fees: accounting
total $60,100 · management and general $60,100
-
11g · Fees: other
total $78,546 · program services $78,546
-
13 · Office expenses
total $34,727 · management and general $34,727
-
16 · Occupancy
total $110,559 · program services $110,559
-
17 · Travel
total $10,183 · management and general $10,183
-
22 · Depreciation, depletion and amortization
total $8,540 · program services $2,965 · management and general $5,575
-
23 · Insurance
total $31,055 · program services $31,055
-
24a · Other expenses: PROGRAM EXPENSES
total $145,000 · program services $145,000
-
24b · Other expenses: MEDICAL SUPPLIES
total $83,740 · program services $83,740
-
24c · Other expenses: PRESCRIPTIONS
total $71,809 · program services $71,809
-
24d · Other expenses: MISCELLANEOUS
total $29,967 · program services $29,967
-
24e · All other expenses
total $22,822 · program services $22,822
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $4,018 · end of year $2,558
-
2 · Savings and temporary cash investments
beginning of year $496,890 · end of year $192,908
-
4 · Accounts receivable
beginning of year $301,559 · end of year $199,657
-
9 · Prepaid expenses and deferred charges
beginning of year $6,499 · end of year $8,208
-
10a · Land, buildings and equipment: cost or other basis
$1,244,876
-
10b · Land, buildings and equipment: accumulated depreciation
$1,189,256
-
10c · Land, buildings and equipment, net
beginning of year $19,311 · end of year $55,620
-
12 · Investments: other securities
beginning of year $3,963,862 · end of year $4,490,875
-
17 · Accounts payable and accrued expenses
beginning of year $96,702 · end of year $94,937
-
27 · Net assets without donor restrictions
beginning of year $3,392,102 · end of year $3,551,554
-
28 · Net assets with donor restrictions
beginning of year $1,303,335 · end of year $1,303,335
Mission and programs · 2022
Mission
THE ORGANIZATION PROVIDES HEALTH AND WELFARE BENEFITS TO INDIVIDUALS AND THEIR FAMILIES WHO WORK IN OCCUPATIONS DIRECTLY RELATED TO THE CARE OF THOROUGHBRED HORSES IN CALIFORNIA.
Activities or mission (Part I)
IMPROVING THE WELL-BEING OF THOROUGHBRED HORSE WORKERS BY PROVIDING HEALTHCARE AT LOCAL CLINICS.
-
CTHF OPERATES FACILITES IN BOTH NORTHERN AND SOUTHERN CALIFORNIA THAT PROVIDE MEDICAL AND DENTAL SERVICES TO APPROXIMATELY 2500 BACKSTRETCH WORKERS AND THEIR FAMILIES. THESE SERVICES ARE PROVIDED BY MEDICAL AND DENTAL PROFESSIONALS, AND INCLUDE HOSPITAL CARE, OUTPATIENT TREATMENTS, ALCOHOL AND DRUG REHABILITATION, WELFARE ASSISTANCE, PRESCRIPTIONS, MEDICAL SUPPLIES AND AMBULANCE SERVICES.
Expenses $1,815,188 · Grants $7,500 · Revenue $145,400
As filed on the 2022 return.
Listed in Part VII
-
Ken SmoleKEN SMOLE
CHAIR/PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Angie CarmonaANGIE CARMONA
SECRETARY/TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Thomas R BellTHOMAS R BELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Damascus CastellanosDAMASCUS CASTELLANOS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
James DunnJAMES DUNN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Stephanie HronisSTEPHANIE HRONIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Lucy LawrenceLUCY LAWRENCE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Josh RubinsteinJOSH RUBINSTEIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Eric SindlerERIC SINDLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Millie YakteenMILLIE YAKTEEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Cliff GoodrichCLIFF GOODRICH
EXECUTIVE DIRECTOR
- Total calculated
- $174,300
- From this org
- $160,000
- From related orgs
- $0
- Other
- $14,300
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $160,000
- Bonus
- $0
- Other
- $0
- Deferred
- $8,300
- Nontaxable benefits
- $6,000
- Filer's total
- $174,300
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Written employment contract
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 12 March 2024
- IRS schema version
- 2022v5.0
- Source object
- 202430729349301808
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