The Finger Lakes Hbpa Inc

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

EIN: 161422232 ✦ Farmington, NY ✦ Designated as a 501(c)(6)

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Overview

What is The Finger Lakes Hbpa Inc?

The Finger Lakes HBPA Inc is a nonprofit organization made up of diverse horsemen, including owners, breeders, and trainers. Regardless of size or age, they come from various parts of the country. Their primary role is the administration of a horsemen's association, serving as a collective voice for their community. Their mission is to represent and support various breeds of race horses, contributing to the horse racing industry in an impactful way.

Is The Finger Lakes Hbpa Inc legitimate?

The Finger Lakes Hbpa Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. The Finger Lakes Hbpa 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: $128,188
Professional Fundraising Fees: $0
Other Salaries and Wages: $97,805

For more financial information, click here

What is the mission statement of The Finger Lakes Hbpa Inc?

The Finger Lakes HBPA Inc, comprising horsemen from various breeds and backgrounds, serves as a collective representation for racehorse owners, breeders, and trainers. Their mission, in essence, is to act as an advocacy group for this diverse community, with members spanning different age groups and geographical locations across the country. While the provided information does not explicitly state a mission statement in the traditional sense, it implies a commitment to representing the interests and concerns of these horsemen within the racing industry.

What is the revenue of The Finger Lakes Hbpa Inc?

The Finger Lakes Hbpa Inc's revenue in 2023 was $404,004.

Who are the executives of The Finger Lakes Hbpa Inc and what are their salaries?

The average compensation at The Finger Lakes Hbpa Inc during 2023 was $45,199. There are 5 employees and 10 volunteers at The Finger Lakes Hbpa Inc.

Here are 11 key members and their salaries:


Kathleen Babcock (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Babcock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Buckley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachel Sells (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Hendy (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith O'Niell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Barrow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wanda Polisseni (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Garrie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Wipperman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Austin Reed (Executive Director)
  • Compensation: $128,188
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Finger Lakes Hbpa Inc?

The Finger Lakes Hbpa Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of The Finger Lakes Hbpa Inc

The Finger Lakes HBPA, short for Horsemen's Benevolent and Protective Association, serves as a collective representation for various horsemen involved in the racing industry. This association encompasses individuals from diverse backgrounds, including owners, breeders, and trainers, regardless of their size or age. The organization's vast network spans across the country, uniting horsemen from different ends. The mission of The Finger Lakes HBPA is to represent and advocate for the interests of these horsemen, ensuring their voices are heard in the world of race horses.

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Impact




October, 2024

The Finger Lakes HBPA Inc significantly impacts the horse racing community by providing a unified voice for horsemen involved in various breeds. This organization represents the interests of owners, breeders, and trainers, ensuring that their needs and concerns are addressed at both local and national levels. By fostering collaboration among its members, it strengthens the overall welfare of the racing industry.

Through advocacy and support, the Finger Lakes HBPA Inc plays a vital role in shaping policies that affect racing operations, promoting fair practices, and enhancing the quality of the sport. Their efforts help to create a more sustainable environment for horsemen, contributing to the health of the equine industry in the region.

Additionally, the organization fosters community engagement by supporting educational initiatives and events that bring together horsemen of all backgrounds. This not only preserves the rich tradition of horse racing but also encourages new participants, ensuring the future vitality of the sport. Overall, the Finger Lakes HBPA Inc enhances the professional landscape for horsemen and elevates the profile of equestrian recreation in the area.




This information is meant to be a general summary of The Finger Lakes Hbpa 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
$404,004 (2023)
Expenses
$426,707 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $27,127
  • Program Service Revenue: $362,246
  • Gross Receipts: $1,083,284

Assets and Liabilities:

  • Total Assets: $482,535
  • Total Liabilities: $24,423
  • Net Assets: $458,112

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Programs

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

HORSEMEN'S PURSE MONEY

Revenue

$214,502

HORSEMEN'S BOOKKEEPING

Revenue

$76,456

START FEES

Revenue

$39,288

HORSE EXCERCISER TICKE

Revenue

$32,000

Organization Details

Founding Year

1990

Principal Officer

Austin Reed

NTEE Category

Code: N70 - Recreation

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