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The Jockey Club

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

EIN: 130888345 ✦ New york, NY ✦ Designated as a 501(c)(5)

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Overview

What is The Jockey Club?

The Jockey Club, founded in 1894 and headquartered in New York City, functions as the breed registry for Thoroughbred horses in the United States, Canada, and Puerto Rico. With a team of 37 employees, the organization ensures the correct pedigree and identification of every Thoroughbred, which is vital to the integrity of Thoroughbred breeding and racing. Approximately 18,800 Thoroughbreds are registered annually with The Jockey Club, and the number is increasing through the convenience of the organization's Interactive Registration (IR) system. This service allows North American owners and breeders to complete and submit registration requirements and name their foals, even submitting digital photographs, quickly and easily. The Jockey Club's mission extends beyond registration, as it serves various segments of the thoroughbred industry through its subsidiary companies and supports numerous industry initiatives.


Official website here: www.jockeyclub.com

What are the reviews and ratings of this charity?

The Jockey Club is not currently rated by Charity Navigator, as its ratings are based on beacon scores like Accountability & Finance, and Impact & Measurement, which apply to 501(c)(3) organizations, a category The Jockey Club does not belong to. This absence of rating does not imply a positive or negative judgment about the organization, but rather reflects the limitations within Charity Navigator's scope.

Charity Navigator emphasizes that previous evaluations primarily focused on aspects encapsulated by the current Accountability and Finance metrics, though specific historical ratings for The Jockey Club are not disclosed. Despite the lack of evaluation in various categories due to its non-501(c)(3) status, The Jockey Club is recognized as an independent organization with IRS data available, underscoring some level of transparency.

No user reviews from GreatNonprofits were available for The Jockey Club, suggesting limited insights from personal experiences. Consequently, public perception through this platform cannot be gauged, highlighting a gap in grassroots-level feedback for the organization.


This AI summary has been generated from information found on Charity Navigator.

Is The Jockey Club legitimate?

The Jockey Club is a legitimate nonprofit organization registered as a 501(c)(5) entity. The Jockey Club 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: $1,972,691
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,532,545

For more financial information, click here


Official website here: www.jockeyclub.com

What is the mission statement of The Jockey Club?

The Jockey Club serves as the breed registry for Thoroughbred horses in the United States, Canada, and Puerto Rico. Established in 1894, it is dedicated to the enhancement of Thoroughbred breeding and racing. The organization accomplishes this mission by catering to various sectors of the industry through its subsidiary companies and by advocating for numerous industry initiatives. The Jockey Club's essential role is maintaining the American Stud Book, which ensures the correct pedigree and identification of every Thousandbred. Approximately 18,800 Thoroughbreds are registered annually, with an increasing number utilizing the organization's interactive registration system to complete and submit registration requirements. In 2023, the Jockey Club anticipates registering around 18,500 Thoroughbred foals.


Official website here: www.jockeyclub.com

Who is the CEO of The Jockey Club?

Unavailable


Official website here: www.jockeyclub.com

What is the revenue of The Jockey Club?

The Jockey Club's revenue in 2022 was $15,096,430.


Official website here: www.jockeyclub.com

Who are the executives of The Jockey Club and what are their salaries?

The average compensation at The Jockey Club during 2022 was $121,763. There are 37 employees and 10 volunteers at The Jockey Club.


Here are 18 key members and their salaries:


Ian Highet (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stuart S Janney Iii (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
William M Lear Jr (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex R Rankin (Steward)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Banke (Steward)
  • Compensation: $0
  • Related: $0
  • Other: $0
C Steven Duncker (Steward (Through August 2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Larry R Bramlage (Steward)
  • Compensation: $0
  • Related: $0
  • Other: $0
Louis A Cella (Steward (Beginning August 2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Vincent Viola (Steward)
  • Compensation: $0
  • Related: $0
  • Other: $0
William S Farish Jr (Steward)
  • Compensation: $0
  • Related: $0
  • Other: $0
James L Gagliano (President & Chief Operating Officer)
  • Compensation: $893,105
  • Related: $0
  • Other: $64,884
Laura Barillaro (Executive Vice President & Chief Financial Officer)
  • Compensation: $452,512
  • Related: $0
  • Other: $36,995
Matt Iuliano (Executive Vice President & Executive Director)
  • Compensation: $460,586
  • Related: $0
  • Other: $51,712
Andrew Chesser (Registration Services Manager)
  • Compensation: $112,499
  • Related: $0
  • Other: $21,478
Dr Jennifer Durenberger (The Jockey Club Steward)
  • Compensation: $192,179
  • Related: $0
  • Other: $25,713
Erica Lapp (Controller)
  • Compensation: $153,270
  • Related: $0
  • Other: $14,460
Marc Summers (Vice President & General Counsel)
  • Compensation: $418,937
  • Related: $0
  • Other: $59,094
Rick Bailey (Registrar)
  • Compensation: $168,252
  • Related: $0
  • Other: $36,983


Official website here: www.jockeyclub.com

Where can I find the form 990 for The Jockey Club?

The Jockey Club's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.jockeyclub.com

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

Mission Statement of The Jockey Club

The Jockey Club, a renowned organization established in 1894, serves as the breed registry for Thoroughbred horses in the United States, Canada, and Puerto Rico. With a deep-rooted dedication to improving thoroughbred breeding and racing, The Jockey Club carries out its mission by catering to various sectors of the industry through its subsidiary companies and offering support to numerous initiatives.

At the heart of The Jockey Club's mission lies the maintenance of the American Stud Book. This crucial role ensures the correct pedigree and identification of every Thoroughbred, thereby upholding the integrity of thoroughbred breeding and racing. Annually, over 18,800 thoroughbreds are registered with the organization, with an increasing number doing so through the convenience of Interactive Registration (IR). This efficient process allows owners and breeders to complete and submit registration requirements, along with digital photographs, for the naming of foals. In 2023, The Jockey Club is projected to register approximately 18,500 thoroughbred foals.

The Jockey Club's unwavering commitment to thoroughbred breeding and racing benefits many facets of the industry. By providing essential services and support, it fosters a healthy and thriving community for thoroughbred enthusiasts and professionals. The organization's dedication extends beyond its immediate functions, contributing to the overall growth and success of thoroughbred breeding and racing in North America.

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Impact




October, 2024

The Jockey Club plays a vital role in the Thoroughbred industry by maintaining the integrity of breeding and racing practices across the United States, Canada, and Puerto Rico. Established in 1894, it oversees the American Stud Book, which records the pedigree and identification of Thoroughbreds. This is crucial for ensuring fair competition and upholding the standards of the racing industry.

By registering approximately 18,800 Thoroughbreds annually, The Jockey Club safeguards the lineage of these horses, facilitating responsible breeding and enhancing the quality of races. The organization's emphasis on technology, such as the Interactive Registration system, streamlines the registration process, making it more accessible for owners and breeders to participate.

Additionally, The Jockey Club supports various industry initiatives through its subsidiary companies, addressing challenges and promoting advancements in Thoroughbred racing and breeding. Its influence extends beyond mere registration; it is instrumental in advocating for the overall improvement of the industry, enriching the experiences of participants and fans alike. Through these efforts, The Jockey Club ensures the continued vitality and integrity of Thoroughbred racing.




This information is meant to be a general summary of The Jockey Club. 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
$15,096,430 (2022)
Expenses
$17,798,587 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3,780,980
  • Program Service Revenue: $9,015,652
  • Gross Receipts: $20,696,907

Assets and Liabilities:

  • Total Assets: $65,771,192
  • Total Liabilities: $2,473,096
  • Net Assets: $63,298,096

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Programs

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

Registry Fees

Revenue

$8,658,843

DATA SALES

Revenue

$283,309

MEMBERSHIP DUES

Revenue

$73,500

Organization Details

Founding Year

1894

Main Address

250 Park Ave Suite 2020, New York, NY, 10177

NTEE Category

Code: N69Z - Recreation

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