Monticello Harness Horsemens Association Inc

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

EIN: 141609644 ✦ Monticello, NY ✦ Designated as a 501(c)(5)

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Overview

What is Monticello Harness Horsemens Association Inc?

Monticello Harness Horsemens Association Inc is a nonprofit organization situated in Monticello, New York. Their primary function is to offer affordable medical insurance to their members. This benefit is partially sourced from negotiations with local race track management. The organization's mission is geared towards ensuring the well-being of its members by providing them with essential healthcare coverage.

Is Monticello Harness Horsemens Association Inc legitimate?

Monticello Harness Horsemens Association Inc is a legitimate nonprofit organization registered as a 501(c)(5) entity. Monticello Harness Horsemens 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: $42,750

For more financial information, click here

What is the mission statement of Monticello Harness Horsemens Association Inc?

The Monticello Harness Horsemens Association Inc serves a crucial role by providing its members with affordable medical insurance. This is achieved through strategic negotiations with race track management part of which contributes to the insurance coverage. The organization's primary objective is to ensure the health and well-being of its members by providing them with necessary medical coverage. By doing so, it helps alleviate any financial burden associated with healthcare costs, thereby providing peace of mind to its members. The Association's mission can be seen as an expression of its commitment to the welfare of its members, recognizing the importance of health insurance in their lives.

Who is the CEO of Monticello Harness Horsemens Association Inc?

Unavailable

What is the revenue of Monticello Harness Horsemens Association Inc?

Monticello Harness Horsemens Association Inc's revenue in 2022 was $870,214.

Who are the executives of Monticello Harness Horsemens Association Inc and what are their salaries?


There is 1 key member and their salary:


Dale Berenson (Admin)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Monticello Harness Horsemens Association Inc?

Monticello Harness Horsemens Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Monticello Harness Horsemens Association Inc

Monticello Harness Horsemens Association Inc is dedicated to providing health insurance benefits for its members. By leveraging its negotiations with race track management, this organization ensures that affordable medical coverage is accessible to its members. In essence, the mission of Monticello Harness Horsemens Association Inc revolves around enhancing the well-being of its members by securing vital health insurance solutions.

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Impact




October, 2024

Monticello Harness Horsemen's Association Inc significantly enhances the well-being of its members by providing affordable medical insurance. Through effective negotiations with race track management, the organization ensures that its members have access to essential health care resources. This support not only fosters a sense of community among horsemen but also contributes to their overall stability and security. By prioritizing the health of its members, the organization plays a crucial role in sustaining the harness racing industry in Monticello, NY, promoting both the welfare of individuals and the longevity of the sport.




This information is meant to be a general summary of Monticello Harness Horsemens 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
$870,214 (2022)
Expenses
$415,715 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $636
  • Program Service Revenue: $860,178
  • Gross Receipts: $1,875,821

Assets and Liabilities:

  • Total Assets: $2,150,176
  • Total Liabilities: $119,633
  • Net Assets: $2,030,543

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Programs

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

Insurance Contributions

Revenue

$70,115

Track Fees

Revenue

$790,063

Organization Details

Founding Year

1978

Main Address

PO Box 1436, Monticello, NY, 12701

NTEE Category

Code: Y40 - Mutual benefit

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