Overview
What is New York Thoroughbred Horsemen's Association Inc?
The New York Thoroughbred Horsemen's Association Inc, situated in Jamaica, New York, serves as a vital advocate for thousands of horse owners and trainers in the racing industry. Its primary role is to provide effective leadership, ensuring the industry's overall success. Beyond this, the association has established benevolence and educational programs, specifically catering to the individuals who reside and work on the backstretch of the NYRA racetracks and training centers. Among these programs, the B.E.S.T. (Backstretch Employees Service Team) offers health and medical benefits, drug and alcohol counseling, providing essential support to this often overlooked community. The association employs a team of 12 individuals in its mission to uplift and empower those in the racing industry.
Official website here: www.nytha.com
Is New York Thoroughbred Horsemen's Association Inc legitimate?
New York Thoroughbred Horsemen's Association Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. New York Thoroughbred Horsemen's 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $548,456
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Official website here: www.nytha.com
What is the mission statement of New York Thoroughbred Horsemen's Association Inc?
The New York Thoroughbred Horsemen's Association Inc serves as an advocate for thousands of horse owners and trainers in the racing industry, aiming to provide effective leadership. In addition to its industry-focused activities, the organization has established benevolence and educational programs for individuals living and working on the backstretch of New York Racing Association (NYRA) racetracks and training centers. One of these initiatives is B.E.S.T. (Backstretch Employees Service Team), which provides health and medical benefits, as well as drug and alcohol counseling, to those in this community. The mission of the New York Thoroughbred Horsemen's Association Inc is to support and empower the well-being of those involved in the racing industry, particularly those working behind the scenes.
Official website here: www.nytha.com
What is the revenue of New York Thoroughbred Horsemen's Association Inc?
New York Thoroughbred Horsemen's Association Inc's revenue in 2024 was $3,256,254.
Official website here: www.nytha.com
Who are the executives of New York Thoroughbred Horsemen's Association Inc and what are their salaries?
The average compensation at New York Thoroughbred Horsemen's Association Inc during 2024 was $39,175. There are 14 employees and 13 volunteers at New York Thoroughbred Horsemen's Association Inc.
Here are 15 key members and their salaries:
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- Other: $23,905
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Official website here: www.nytha.com
Where can I find the form 990 for New York Thoroughbred Horsemen's Association Inc?
New York Thoroughbred Horsemen's Association Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.nytha.com
Learn more at the official website: www.nytha.com
Mission Statement of New York Thoroughbred Horsemen's Association Inc
The New York Thoroughbred Horsemen's Association Inc represents the interests of numerous horse owners and trainers in New York, providing effective leadership for the racing industry. Beyond this, the organization has established benevolence and educational programs specifically designed for individuals living and working on the backstretch of NYRA racetracks and training centers.
To elaborate, the New York Thoroughbred Horsemen's Association Inc demonstrates its commitment to the well-being of backstretch employees through the B.E.S.T. (Backstretch Employees Service Team) program. This initiative offers a range of services, including health and medical benefits, as well as drug and alcohol counseling, to those who contribute significantly to the racing industry by living and working on the backstretch of NYRA racetracks. Through these programs, the association aims to support and uplift the often-overlooked individuals who play a crucial role in the successful operation of the racing industry in New York.
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Impact
October, 2024
The New York Thoroughbred Horsemen's Association Inc significantly impacts the horse racing industry by advocating for the interests of thousands of horse owners and trainers in New York. Through effective leadership, the organization ensures that the voices of those involved in racing are heard, shaping policies that benefit the industry as a whole.
In addition to advocacy, the organization provides essential support services through its B.E.S.T. (Backstretch Employees Service Team) program. This initiative delivers health and medical benefits, along with vital drug and alcohol counseling, to individuals working and living on the backstretch of NYRA racetracks and training centers. By focusing on both the professionals in the racing community and their well-being, the New York Thoroughbred Horsemen's Association strengthens the industry's foundation and promotes a positive environment for all participants.
This information is meant to be a general summary of New York Thoroughbred Horsemen's 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $89,508
- Program Service Revenue: $3,199,930
- Gross Receipts: $3,510,229
Assets and Liabilities:
- Total Assets: $13,084,468
- Total Liabilities: $10,038,532
- Net Assets: $3,045,936
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PURSE COMMISSIONS
Revenue
$3,199,930
Organization Details
Founding Year
1942
Principal Officer
William Alempijevic
Website
www.nytha.comNTEE Category
Code: Y20 - Mutual benefit
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