Overview
What is Standardbred Breeders & Owners Association Of New Jersey Inc?
The Standardbred Breeders & Owners Association of New Jersey Inc is a nonprofit organization dedicated to boosting the Standardbred horse industry within New Jersey. Their primary objective is to support and promote this sector by offering benefits to drivers and trainers. They strive to accomplish this mission, leveraging their influence and resources to foster growth and success in the industry.
Official website here: www.sboanj.com
Is Standardbred Breeders & Owners Association Of New Jersey Inc legitimate?
Standardbred Breeders & Owners Association Of New Jersey Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Standardbred Breeders & Owners Association Of New Jersey 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: $150,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $155,875
For more financial information, click here
Official website here: www.sboanj.com
What is the mission statement of Standardbred Breeders & Owners Association Of New Jersey Inc?
The Standardbred Breeders & Owners Association of New Jersey Inc's mission is centered around supporting and promoting the Standardbred horse industry. They strive to accomplish this by offering benefits to drivers and trainers within the industry. This association aims to foster a thriving environment for these professionals, thereby contributing to the overall growth and success of the Standardbred horse industry in New Jersey.
Official website here: www.sboanj.com
Who is the CEO of Standardbred Breeders & Owners Association Of New Jersey Inc?
Mark S Ford is the President of Standardbred Breeders & Owners Association Of New Jersey Inc.
Official website here: www.sboanj.com
What is the revenue of Standardbred Breeders & Owners Association Of New Jersey Inc?
Standardbred Breeders & Owners Association Of New Jersey Inc's revenue in 2022 was $4,291,732.
Official website here: www.sboanj.com
Who are the executives of Standardbred Breeders & Owners Association Of New Jersey Inc and what are their salaries?
The average compensation at Standardbred Breeders & Owners Association Of New Jersey Inc during 2022 was $76,469. There are 4 employees at Standardbred Breeders & Owners Association Of New Jersey Inc.
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Official website here: www.sboanj.com
Where can I find the form 990 for Standardbred Breeders & Owners Association Of New Jersey Inc?
Standardbred Breeders & Owners Association Of New Jersey Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sboanj.com
Learn more at the official website: www.sboanj.com
Mission Statement of Standardbred Breeders & Owners Association Of New Jersey Inc
The Standardbred Breeders & Owners Association of New Jersey Inc has a mission to support and promote the Standardbred horse industry within the state. This nonprofit organization strives to achieve this goal by providing benefits to drivers and trainers in the industry. By doing so, it aims to contribute positively to the overall well-being and success of the Standardbred horse industry in New Jersey.
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Impact
October, 2024
The Standardbred Breeders & Owners Association of New Jersey Inc. plays a crucial role in supporting and advocating for the Standardbred horse industry within the state. By focusing on the needs of drivers and trainers, the organization helps to enhance the overall quality and sustainability of harness racing, which is an integral part of New Jersey's agricultural and cultural landscape.
Through various initiatives, the association provides essential resources and benefits that empower industry participants, fostering growth and professionalism in racing operations. By promoting the Standardbred breed, the organization not only preserves the heritage of horse racing in New Jersey but also contributes to the economic vitality of the region by attracting spectators, fostering community engagement, and supporting local businesses tied to the equine industry.
Overall, the impact of the Standardbred Breeders & Owners Association is significant in nurturing a vibrant horse racing ecosystem, ensuring that drivers and trainers have the necessary support to thrive and that the industry remains a cherished part of New Jersey's identity.
This information is meant to be a general summary of Standardbred Breeders & Owners Association Of New Jersey 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.
- Investment Income: $18,618
- Program Service Revenue: $4,273,114
- Gross Receipts: $4,367,273
Assets and Liabilities:
- Total Assets: $5,104,999
- Total Liabilities: $1,272,864
- Net Assets: $3,832,135
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RACETRACKS
Revenue
$2,259,504
STAKE RACE FEES
Revenue
$261,325
MEMBERSHIPS
Revenue
$41,250
ACCOUNT WAGERING
Revenue
$66,160
DRIVER & TRAINER RETIREMENT PLAN
Revenue
$14,093
Organization Details
Founding Year
1971
Phone
(732) 462-2357Principal Officer
Mark S Ford
Main Address
64 BUSINESS ROUTE 33, MANALAPAN, NJ, 07726
Website
www.sboanj.comNTEE Category
Code: K20 - Food
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