Overview
What is Thoroughbred Racing Associations Of North America Inc?
Thoroughbred Racing Associations of North America Inc, located in Elkton, Maryland, is a prominent nonprofit organization dedicated to advancing the thoroughbred racing industry. With a focus on its 37 member tracks, the association plays a significant role in fostering programs that benefit the racing sector. It serves as a unified voice for thoroughbred racetrack operators, prioritizing the industry's integrity and acting as a hub for information, reports, and statistical data. The organization develops various programs, activities, ventures, and enterprises connected to thoroughbred racing, ultimately contributing to its growth and success.
Official website here: www.thoroughbredracingassociations.com
Is Thoroughbred Racing Associations Of North America Inc legitimate?
Thoroughbred Racing Associations Of North America Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Thoroughbred Racing Associations Of North America 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.
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Executive Compensation: $114,778
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Official website here: www.thoroughbredracingassociations.com
What is the mission statement of Thoroughbred Racing Associations Of North America Inc?
Thoroughbred Racing Associations of North America Inc is dedicated to advancing the thoroughbred racing industry. They play a significant role in establishing programs that benefit this sector. Serving as a unified voice for thoroughbred racetrack operators, they prioritize the integrity of racing and function as a central hub for information, reports, and statistics related to the industry. The organization initiates various programs, activities, ventures, and enterprises related to thoroughbred racing, aiming to enhance its overall growth and development.
Official website here: www.thoroughbredracingassociations.com
Who is the CEO of Thoroughbred Racing Associations Of North America Inc?
Joe Wilson is the President of Thoroughbred Racing Associations Of North America Inc.
Official website here: www.thoroughbredracingassociations.com
What is the revenue of Thoroughbred Racing Associations Of North America Inc?
Thoroughbred Racing Associations Of North America Inc's revenue in 2022 was $295,308.
Official website here: www.thoroughbredracingassociations.com
Who are the executives of Thoroughbred Racing Associations Of North America Inc and what are their salaries?
Here are 41 key members and their salaries:
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Official website here: www.thoroughbredracingassociations.com
Where can I find the form 990 for Thoroughbred Racing Associations Of North America Inc?
Thoroughbred Racing Associations Of North America Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thoroughbredracingassociations.com
Learn more at the official website: www.thoroughbredracingassociations.com
Mission Statement of Thoroughbred Racing Associations Of North America Inc
Thoroughbred Racing Associations of North America Inc, with a mission-driven approach, focuses on advancing the thoroughbred racing industry. This nonprofit organization plays a pivotal role in establishing numerous programs that benefit the entire racing industry. Acting as a unified voice for thoroughbred racetrack operators, it prioritizes the integrity of racing and serves as a central hub for information, reports, statistical data, promotions, and problem-solving initiatives. The association creates various programs, activities, ventures, and enterprises related to thoroughbred racing, aiming to enrich and strengthen the industry as a whole.
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Impact
October, 2024
Thoroughbred Racing Associations of North America Inc plays a significant role in the advancement of the thoroughbred racing industry. By serving 37 member tracks, it fosters a cohesive network of racetrack operators, emphasizing integrity and transparency within the industry. The organization acts as a vital clearinghouse for information, providing valuable resources such as reports, statistical data, and promotional ideas to improve the racing landscape.
Through its leadership, the association has established numerous programs aimed at enhancing various aspects of the industry, from safety and welfare to operational efficiency. By advocating for best practices and sharing innovative solutions, it helps member tracks navigate challenges and capitalize on opportunities, thereby strengthening the overall racing community.
The association's commitment to community improvement is evident in its focus on developing initiatives that benefit not only the tracks but also the broader public interest in horse racing, ensuring a sustainable future for the sport while enhancing the experience for fans and participants alike.
This information is meant to be a general summary of Thoroughbred Racing Associations Of North America 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 2022.
- Program Service Revenue: $286,403
- Gross Receipts: $346,403
Assets and Liabilities:
- Total Assets: $816,534
- Total Liabilities: $19,052
- Net Assets: $797,482
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Membership Dues
Revenue
$286,403
Organization Details
Founding Year
1942
Phone
(410) 398-2261Principal Officer
Joe Wilson
Main Address
420 Fair Hill Drive, Elkton, MD, 21921
NTEE Category
Code: S41 - Community improvement
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