New England Horsemen's Benevolent Protective Association Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 043206606 ✦ North waltham, MA ✦ Designated as a 501(c)(6)

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Overview

What is New England Horsemen's Benevolent Protective Association Inc?

New England Horsemen's Benevolent Protective Association Inc is a nonprofit organization situated in North Waltham, Massachusetts. Their primary mission revolves around promoting the sport of thoroughbred horse racing and ensuring the well-being of the individuals involved in the industry. This encompasses horsemen, their employees, and backstretch personnel. The association actively lobbies for their welfare and offers various services to support their needs. With a small team of one employee, they work diligently to uphold and improve the thoroughbred racing community.


Official website here: www.newenglandhbpa.com

Is New England Horsemen's Benevolent Protective Association Inc legitimate?

New England Horsemen's Benevolent Protective Association Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. New England Horsemen's Benevolent Protective Association Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $97,300
Professional Fundraising Fees: $0
Other Salaries and Wages: $61,891

For more financial information, click here


Official website here: www.newenglandhbpa.com

What is the mission statement of New England Horsemen's Benevolent Protective Association Inc?

The New England Horsemen's Benevolent Protective Association Inc is committed to fostering the sport of thoroughbred horse racing and prioritizing the well-being of individuals within the industry. Their mission encompasses promoting the sport and advocating for the welfare of horsemen, their employees, and backstretch personnel. This is achieved through various services and lobbying efforts to enhance their overall conditions. The organization's activities aim to support and uplift this community within the thoroughbred racing industry.


Official website here: www.newenglandhbpa.com

Who is the CEO of New England Horsemen's Benevolent Protective Association Inc?

Paul Umbrello is the President of New England Horsemen's Benevolent Protective Association Inc.


Official website here: www.newenglandhbpa.com

What is the revenue of New England Horsemen's Benevolent Protective Association Inc?

New England Horsemen's Benevolent Protective Association Inc's revenue in 2022 was $666,339.


Official website here: www.newenglandhbpa.com

Who are the executives of New England Horsemen's Benevolent Protective Association Inc and what are their salaries?

The average compensation at New England Horsemen's Benevolent Protective Association Inc during 2022 was $159,191. There is 1 employee at New England Horsemen's Benevolent Protective Association Inc.


Here are 9 key members and their salaries:


Anthony Spadea (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Trakas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shirley Dullea (Treasurer)
  • Compensation: $61,140
  • Related: $0
  • Other: $0
Kevin Mccarthy (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Saccardo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Umbrello (Exec Director)
  • Compensation: $97,300
  • Related: $0
  • Other: $0
Robert Manning (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leona Mckanas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Al Tassone (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.newenglandhbpa.com

Where can I find the form 990 for New England Horsemen's Benevolent Protective Association Inc?

New England Horsemen's Benevolent Protective Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.newenglandhbpa.com

Learn more at the official website: www.newenglandhbpa.com

Mission Statement of New England Horsemen's Benevolent Protective Association Inc

New England Horsemen's Benevolent Protective Association Inc is dedicated to advancing the sport of thoroughbred horse racing and enhancing the welfare of the individuals within the industry. Their primary objective is twofold: promoting the thrilling world of thoroughbred racing and safeguarding the well-being of the horsemen, their employees, and the backstretch personnel. To achieve this mission, the organization engages in various activities, such as lobbying on behalf of these individuals to improve their living and working conditions. Additionally, New England Horsemen's Benevolent Protective Association Inc offers a range of services to support this community, providing aid where it is needed most. This commitment to both the sport and the people who make it possible sets New England Horsemen's Benevolent Protective Association Inc apart as a vital organization within the thoroughbred racing community.

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Impact




October, 2024

The New England Horsemen's Benevolent Protective Association Inc plays a crucial role in promoting the sport of thoroughbred horse racing and enhancing the welfare of individuals within the industry. By focusing on the interests of horsemen, their employees, and backstretch personnel, it ensures that those who contribute to the racing world are supported and that their welfare is prioritized.

Through advocacy and lobbying efforts, the organization addresses the needs and concerns of its members, facilitating a supportive environment that fosters better working conditions and fair treatment. Additionally, it provides various services to assist personnel in the racing community, thereby strengthening the industry as a whole. The impact of this organization extends beyond individual care, contributing to the broader health and sustainability of thoroughbred racing in New England.




This information is meant to be a general summary of New England Horsemen's Benevolent Protective Association Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$666,339 (2022)
Expenses
$759,600 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,090
  • Program Service Revenue: $665,249
  • Gross Receipts: $666,339

Assets and Liabilities:

  • Total Assets: $840,962
  • Total Liabilities: $24,568
  • Net Assets: $816,394

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MASS GAMING COMMISSION

Revenue

$385,249

SSR PREMIUMS / OUTS

Revenue

$250,000

PURSE REVENUE

Revenue

$30,000

Organization Details

Founding Year

1992

Principal Officer

Paul Umbrello

Main Address

P O BOX 550247, NORTH WALTHAM, MA, 02455

NTEE Category

Code: Y40 - Mutual benefit

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