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Nonprofiteer
← PENNSYLVANIA HORSE BREEDERS ASSOCIATION INC

Form 990 for tax year 2022

Filed by PENNSYLVANIA HORSE BREEDERS ASSOCIATION INC.

Totals

Total revenue
$1,382,587
Total expenses
$1,351,787
Contributions and grants received
$41,765
Grants paid
$36,650
Program service revenue
$1,328,479
Investment income
$89
Other revenue
$12,254
Total assets, end of year
$737,300
Total liabilities, end of year
$31,205
Net assets or fund balances, end of year
$706,095
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

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

    $41,765

  • 2a · Program service revenue: FEES FROM GOV'T AGENCY

    total $1,086,944 · related or exempt $1,086,944

  • 2b · Program service revenue: REGISTRATION SURCHARGE

    total $124,935 · related or exempt $124,935

  • 2c · Program service revenue: PA SIRE/STALLION NOMIN

    total $64,800 · related or exempt $64,800

  • 2d · Program service revenue: PA RACE DAY REIMBURSEM

    total $51,800 · related or exempt $51,800

  • 3 · Investment income

    total $89 · excluded $89

  • 11a · Other revenue: ADVERTISING

    total $7,150 · unrelated business $7,150

  • 11b · Other revenue: IROQUOIS BANQUET

    total $5,104 · related or exempt $5,104

  • 11e · Other revenue, total

    $12,254

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $36,650

  • 5 · Compensation of officers, directors and key employees

    total $309,659

  • 7 · Other salaries and wages

    total $186,096

  • 8 · Pension plan contributions

    total $24,800

  • 9 · Other employee benefits

    total $32,745

  • 10 · Payroll taxes

    total $33,891

  • 11a · Fees: management

    total $58,940

  • 11b · Fees: legal

    total $4,468

  • 11c · Fees: accounting

    total $26,500

  • 11g · Fees: other

    total $3,641

  • 12 · Advertising and promotion

    total $147,712

  • 13 · Office expenses

    total $44,876

  • 16 · Occupancy

    total $51,264

  • 17 · Travel

    total $22,067

  • 19 · Conferences, conventions and meetings

    total $3,023

  • 23 · Insurance

    total $6,350

  • 24a · Other expenses: UNRELATED BUSINESS INCO

    total $943

  • 24b · Other expenses: STATE MARKETING FUND EX

    total $88,057

  • 24c · Other expenses: PA RACE DAY PROMOTIONAL

    total $51,800

  • 24d · Other expenses: PA SIRED/STALLION SERIE

    total $49,999

  • 24e · All other expenses

    total $168,306

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $424,945 · end of year $243,295

  • 4 · Accounts receivable

    beginning of year $377,051 · end of year $419,136

  • 9 · Prepaid expenses and deferred charges

    beginning of year $30,591 · end of year $74,139

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

    $80,941

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

    $80,911

  • 10c · Land, buildings and equipment, net

    beginning of year $30 · end of year $30

  • 15 · Other assets

    beginning of year $700 · end of year $700

  • 17 · Accounts payable and accrued expenses

    beginning of year $158,022 · end of year $31,205

  • 27 · Net assets without donor restrictions

    beginning of year $654,795 · end of year $685,595

  • 28 · Net assets with donor restrictions

    beginning of year $20,500 · end of year $20,500

Mission and programs · 2022

Mission

PENNSYLVANIA HORSE BREEDERS' ASSOCIATION WAS FOUNDED IN 1948 CREATED TO A)REPRESENT BREEDERS OF THOROUGHBRED HORSES IN PENNSYLVANIA, B) ASSIST MEMBERS IN THE IMPROVEMENT OF THOROUGHBRED BREEDING, C) TO ACCUMULATE, PROCESS AND MAINTAIN NECESSARY STATISTICAL INFORMATION RELATIVE TO BREEDING AND RACING PERFORMANCE OF PA BRED THOROUGHBRED HORSES, D) DEVELOP, ADMINISTER, AND PROMOTE PA BREEDING FUND PROGRAM, E) PROVIDE FACILITIES THROUGH WHICH BREEDERS MAY ACT TOGETHER TO PROMOTE THE THOROUGHBRED INDUSTRY AND F) TO MAINTAIN REGULAR LIASON WITH LOCAL, STATE AND NATIONAL GROUPS AND ORGANIZATIONS INVOLVED IN THOROUGHBRED RACING AND BREEDING.

Activities or mission (Part I)

PROMOTION AND DEVELOPMENT OF PA RACING COMMISSION BREEDING PROGRAM

  • PROMOTION AND DEVELOPMENT OF PA RACING COMMISSION BREEDING PROGRAM

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Gregory C Newell PE

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Douglas Black

    VICE-PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Deanna Manfredi

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Katherine A Rightmyer O'Brien

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Elizabeth B Barr

    MEMBER-BOARD OF DIRECTORS

    Total calculated
    $0
    Hours/week
    1

  • Glen Brok

    MEMBER-BOARD OF DIRECTORS

    Total calculated
    $0
    Hours/week
    1

  • Peter Giangiulio Esq

    MEMBER-BOARD OF DIRECTORS

    Total calculated
    $0
    Hours/week
    1

  • Kate Goldenberg

    MEMBER-BOARD OF DIRECTORS

    Total calculated
    $0
    Hours/week
    1

  • Roger E Legg Esq

    MEMBER-BOARD OF DIRECTORS

    Total calculated
    $0
    Hours/week
    1

  • Bob Graham

    MEMBER-BOARD OF DIRECTORS

    Total calculated
    $0
    Hours/week
    1

  • Elizabeth Merryman

    MEMBER-BOARD OF DIRECTORS

    Total calculated
    $0
    Hours/week
    1

  • Richard D Abbott

    MEMBER-BOARD OF DIRECTORS

    Total calculated
    $0
    Hours/week
    1

  • Andrew Sminoff

    MEMBER-BOARD OF DIRECTORS

    Total calculated
    $0
    Hours/week
    1

  • Roberta L Schneider MD

    MEMBER-BOARD OF DIRECTORS

    Total calculated
    $0
    Hours/week
    1

  • Vincenzo Tucciarone Sr

    MEMBER-BOARD OF DIRECTORS

    Total calculated
    $0
    Hours/week
    1

  • Brian C Schartz

    MEMBER-BOARD OF DIRECTORS

    Total calculated
    $0
    Hours/week
    1

  • Brian N Sanfratello

    EXECUTIVE SECRETARY

    Total calculated
    $193,130
    From this org
    $155,000
    From related orgs
    $0
    Other
    $38,130
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $155,000
    Bonus
    $0
    Other
    $0
    Deferred
    $31,000
    Nontaxable benefits
    $7,130
    Filer's total
    $193,130

  • Vicky Showe

    ASSISTANT EXECUTIVE SECRET

    Total calculated
    $116,529
    From this org
    $94,000
    From related orgs
    $0
    Other
    $22,529
    Hours/week
    40

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 · 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

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

Provenance

Return type
form_990
Tax year
2022
Filed
9 November 2023
IRS schema version
2022v5.0
Source object
202313199349312786

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