Totals
- Total revenue
- $666,339
- Total expenses
- $759,600
- Contributions and grants received
- $0
- Grants paid
- $334,089
- Program service revenue
- $665,249
- Investment income
- $1,090
- Other revenue
- $0
- Total assets, end of year
- $840,962
- Total liabilities, end of year
- $24,568
- Net assets or fund balances, end of year
- $816,394
- 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.
-
2a · Program service revenue: MASS GAMING COMMISSION
total $385,249 · related or exempt $385,249
-
2b · Program service revenue: SSR PREMIUMS / OUTS
total $250,000 · related or exempt $250,000
-
2c · Program service revenue: PURSE REVENUE
total $30,000 · related or exempt $30,000
-
3 · Investment income
total $1,090 · unrelated business $1,090
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $334,089
-
5 · Compensation of officers, directors and key employees
total $97,300
-
7 · Other salaries and wages
total $61,891
-
10 · Payroll taxes
total $4,800
-
11b · Fees: legal
total $1,964
-
11c · Fees: accounting
total $13,500
-
11g · Fees: other
total $144,500
-
12 · Advertising and promotion
total $8,492
-
13 · Office expenses
total $3,657
-
17 · Travel
total $8,615
-
22 · Depreciation, depletion and amortization
total $4,766
-
23 · Insurance
total $19,355
-
24a · Other expenses: BOOKKEEPING
total $32,840
-
24b · Other expenses: GENERAL MEETINGS AND DI
total $6,486
-
24c · Other expenses: CONSULTING
total $4,000
-
24d · Other expenses: UTILITIES
total $3,094
-
24e · All other expenses
total $10,251
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $539,605 · end of year $397,072
-
4 · Accounts receivable
beginning of year $3,884 · end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$132,589
-
10b · Land, buildings and equipment: accumulated depreciation
$125,440
-
10c · Land, buildings and equipment, net
beginning of year $11,915 · end of year $7,149
-
15 · Other assets
beginning of year $360,634 · end of year $436,741
-
17 · Accounts payable and accrued expenses
beginning of year $6,383 · end of year $24,568
-
27 · Net assets without donor restrictions
beginning of year $909,655 · end of year $816,394
Mission and programs · 2022
Mission
THE ORGANIZATION'S MAIN PURPOSE IS TO PROMOTE THE SPORT OF THOROUGHBRED HORSE RACING AND PROMOTE THE WELFARE OF THE PERSONNEL WITHIN THE INDUSTRY.
-
PROMOTE THE SPORT OF THOROUGHBRED RACING AND PROMOTING THE GENERAL WELFARE OF THE INTEREST OF THE HORSEMEN, THEIR EMPLOYEES, AND THE BACKSTRETCH PERSONNEL, SUPPORT INCLUDES LOBBYING FOR THEIR WELFARE AND PROVIDING VARIOUS SERVICES.
Revenue $665,249
As filed on the 2022 return.
Listed in Part VII
-
Anthony SpadeaANTHONY SPADEA
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Chris TrakasCHRIS TRAKAS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Shirley DulleaSHIRLEY DULLEA
TREASURER
- Total calculated
- $61,140
- From this org
- $61,140
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Kevin McCarthyKEVIN MCCARTHY
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
George SaccardoGEORGE SACCARDO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Paul UmbrelloPAUL UMBRELLO
EXEC DIRECTOR
- Total calculated
- $97,300
- From this org
- $97,300
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Robert ManningROBERT MANNING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Leona McKanasLEONA MCKANAS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Al TassoneAL TASSONE
DIRECTOR
- Total calculated
- $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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 28 June 2023
- IRS schema version
- 2022v5.0
- Source object
- 202322089349301452
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