Totals
- Total revenue
- $1,275,485
- Total expenses
- $1,260,925
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $1,219,306
- Investment income
- $56,179
- Other revenue
- $0
- Total assets, end of year
- $2,991,476
- Total liabilities, end of year
- $2,662
- Net assets or fund balances, end of year
- $2,988,814
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,078,104
Program services were 0.0% 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.
-
2a · Program service revenue: NON-STATUTORY INCOME
total $563,040 · related or exempt $563,040
-
2b · Program service revenue: GAMING INCOME
total $395,851 · related or exempt $395,851
-
2c · Program service revenue: PURSE DEDUCTION INCOME
total $172,094 · related or exempt $172,094
-
2d · Program service revenue: PTF
total $84,290 · related or exempt $84,290
-
2e · Program service revenue: REIMBURSEMENTS
total $3,631 · related or exempt $3,631
-
2f · All other program service revenue
total $400 · related or exempt $400
-
3 · Investment income
total $46,174 · related or exempt $46,174
-
7a · Gross sales of assets other than inventory
securities $20,000
-
7b · Less cost or other basis and sales expenses
securities $9,995
-
7c · Gain or loss
securities $10,005
-
7d · Net gain or loss
total $10,005 · related or exempt $10,005
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $426,124
-
9 · Other employee benefits
total $38,125
-
10 · Payroll taxes
total $33,105
-
11b · Fees: legal
total $30,238
-
11c · Fees: accounting
total $24,387
-
11d · Fees: lobbying
total $82,500
-
11g · Fees: other
total $447,158
-
12 · Advertising and promotion
total $53,274
-
13 · Office expenses
total $34,124
-
14 · Information technology
total $7,686
-
16 · Occupancy
total $12,046
-
19 · Conferences, conventions and meetings
total $23,247
-
22 · Depreciation, depletion and amortization
total $20,371
-
23 · Insurance
total $7,183
-
24a · Other expenses: RETIRED HORSE DONATION
total $18,798
-
24b · Other expenses: ELECTIONS
total $2,559
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,514,479 · end of year $1,147,396
-
2 · Savings and temporary cash investments
beginning of year $1,301,461 · end of year $1,577,635
-
8 · Inventories for sale or use
end of year $15,082
-
10a · Land, buildings and equipment: cost or other basis
$352,806
-
10b · Land, buildings and equipment: accumulated depreciation
$101,443
-
10c · Land, buildings and equipment, net
beginning of year $158,424 · end of year $251,363
-
25 · Other liabilities
beginning of year $190 · end of year $2,662
-
27 · Net assets without donor restrictions
beginning of year $2,974,174 · end of year $2,988,814
Mission and programs · 2025
Mission
PROMOTE RELATIONS BETWEEN HORSEMEN, PROVIDE EDUCATION AND RESEARCH TO MEMBERS AND REPRESENT ASSOCIATION MEMBERS IN NEGOTIATIONS WITH RACETRACKS.
-
DURING THE YEAR, THE ORGANIZATION: 1) PROMOTED IMPROVED RELATIONS AMONG HORSEMEN 2) PROVIDED EDUCATION AND RESEARCH TO MEMBERS 3) REPRESENTED ASSOCIATION MEMBERS IN NEGOTIATIONS WITH RACETRACKS
Expenses $1,078,104 · Revenue $1,219,306
As filed on the 2025 return.
Listed in Part VII
-
Scott YoungSCOTT YOUNG
DIRECTOR
- Total calculated
- $0
-
Joe OffolterJOE OFFOLTER
DIRECTOR
- Total calculated
- $0
-
Boyd CasterBOYD CASTER
DIRECTOR
- Total calculated
- $0
-
C R TroutC R TROUT
DIRECTOR
- Total calculated
- $0
-
Robert ZoellnerROBERT ZOELLNER
DIRECTOR
- Total calculated
- $0
-
Randy BlairRANDY BLAIR
DIRECTOR
- Total calculated
- $0
-
David FaulknerDAVID FAULKNER
DIRECTOR
- Total calculated
- $0
-
Joe LucasJOE LUCAS
EXECUTIVE VI
- Total calculated
- $0
-
Mike BiehlerMIKE BIEHLER
DIRECTOR
- Total calculated
- $0
-
Teresa LuneackTERESA LUNEACK
DIRECTOR
- Total calculated
- $0
-
Michael MajorsMICHAEL MAJORS
DIRECTOR
- Total calculated
- $0
-
Bryan HawkBRYAN HAWK
DIRECTOR
- Total calculated
- $0
-
Kenny NolanKENNY NOLAN
DIRECTOR
- Total calculated
- $0
-
Danny CaldwellDANNY CALDWELL
DIRECTOR
- Total calculated
- $0
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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 9 March 2026
- IRS schema version
- 2025v4.0
- Source object
- 202610699349301246
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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