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Nonprofiteer
← NATIONAL HBPA INC

Form 990 for tax year 2023

Filed by NATIONAL HBPA INC.

Totals

Total revenue
$2,985,926
Total expenses
$2,955,978
Contributions and grants received
$0
Grants paid
$36,778
Program service revenue
$2,194,661
Investment income
$784,757
Other revenue
$6,508
Total assets, end of year
$4,830,215
Total liabilities, end of year
$1,917,477
Net assets or fund balances, end of year
$2,912,738
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: MANAGEMENT FEES

    total $1,586,800 · related or exempt $1,586,800

  • 2b · Program service revenue: PONY LEAD FEES

    total $549,993 · related or exempt $549,993

  • 2c · Program service revenue: JOCKEY PAYROLL AND NSF

    total $57,868 · related or exempt $57,868

  • 3 · Investment income

    total $717,400 · excluded $717,400

  • 7a · Gross sales of assets other than inventory

    other assets $67,357

  • 7b · Less cost or other basis and sales expenses

    other assets $0

  • 7c · Gain or loss

    other assets $67,357

  • 7d · Net gain or loss

    total $67,357 · related or exempt $67,357

  • 11a · Other revenue: OTHER INCOME

    total $6,508 · related or exempt $6,508

  • 11e · Other revenue, total

    $6,508

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $36,778

  • 5 · Compensation of officers, directors and key employees

    total $151,513

  • 7 · Other salaries and wages

    total $1,407,511

  • 9 · Other employee benefits

    total $147,100

  • 10 · Payroll taxes

    total $125,928

  • 11b · Fees: legal

    total $257,024

  • 11c · Fees: accounting

    total $64,327

  • 11d · Fees: lobbying

    total $120,000

  • 11g · Fees: other

    total $162,979

  • 13 · Office expenses

    total $143,590

  • 16 · Occupancy

    total $96,035

  • 17 · Travel

    total $37,042

  • 21 · Payments to affiliates

    total $52,285

  • 22 · Depreciation, depletion and amortization

    total $50,761

  • 23 · Insurance

    total $95,367

  • 24a · Other expenses: MISCELLANEOUS

    total $7,738

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,285,582 · end of year $2,180,557

  • 2 · Savings and temporary cash investments

    beginning of year $731,206 · end of year $1,906,604

  • 4 · Accounts receivable

    beginning of year $379,307 · end of year $295,173

  • 9 · Prepaid expenses and deferred charges

    beginning of year $32,201 · end of year $62,231

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

    $1,757,701

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

    $1,407,534

  • 10c · Land, buildings and equipment, net

    beginning of year $203,991 · end of year $350,167

  • 12 · Investments: other securities

    beginning of year $35,253 · end of year $35,483

  • 17 · Accounts payable and accrued expenses

    beginning of year $77,048 · end of year $100,078

  • 19 · Deferred revenue

    beginning of year $239,544 · end of year $264,381

  • 25 · Other liabilities

    beginning of year $468,158 · end of year $1,553,018

  • 27 · Net assets without donor restrictions

    beginning of year $2,882,790 · end of year $2,912,738

Mission and programs · 2023

Mission

TO PROVIDE NEGOTIATION FOR FAIR DISTRIBUTIONS OF RACE TRACK INCOME, MEDIATION WHEN PROBLEMS ARISE AT RACETRACK AND WORKERS COMPENSATION MANAGEMENT FOR MEMBER HORSEMEN.

Activities or mission (Part I)

SEE SCHEDULE O

  • ORGANIZATION PROVIDES BOOKKEEPER SERVICES RELATED TO COLLECTION OF RACE TRACK WINNINGS AND DISBURSEMENT OF THOSE WINNINGS TO THE MEMBER HORSEMEN AT THOROUGHBRED RACETRACKS IN LOUISIANA.

  • ORGANIZATION PROVIDES COLLECTION AND PAYMENT OF PREMIUMS AND ADMINISTRATION OF WORKER COMPENSATION FOR MEMBER HORSEMEN, OWNERS AND RACETRACK PERSONNEL.

  • ORGANIZATION MEDIATES ON BEHALF OF MEMBER HORSEMEN WHEN PROBLEMS ARISE WITH TRACK MANAGEMENT OR STATE RACING COMMISSIONS AND NEGOTIATES FAIR DISTRIBUTIONS AT TRACKS.

As filed on the 2023 return.

Listed in Part VII

  • John Duvieilh

    LEGAL COUNCIL

    Total calculated
    $0
    Hours/week
    1

  • Keith Hernandez

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Charlotte Stemmans Clavier

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Michele Rodriguez

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Carol Castille

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Kevin Delahoussaye

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Bret Calhoun

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Kenneth Roberts

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Ronnie Ward

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Glenn Delahoussaye

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Ron Faucheaux

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Benard Chatters

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Edwin J Fenasci

    EXECUTIVE DIRECTOR

    Total calculated
    $163,140
    From this org
    $151,513
    From related orgs
    $0
    Other
    $11,627
    Hours/week
    12.4 + 27.6 related

    Schedule J breakdown matched by us

    Base
    $151,513
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $11,627
    Filer's total
    $163,140

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

None.

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

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • LOUISIANA HORSEMEN'S PENSION TRUST

    T · NON-QUALIFIED DEFERRED COMPENSATION PLAN · LA

  • HORSEMEN'S ALLIANCE HOLDING INC

    C · INVESTMENTS · LA · 100% owned

    Directly controlled by LA HBPA 1993 INC

Provenance

Return type
form_990
Tax year
2023
Filed
19 November 2024
IRS schema version
2023v5.1
Source object
202443599349300604

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