Overview
What is Pennsylvania Harness Horsemen's Association?
The Pennsylvania Harness Horsemen's Association (PHHA) is a membership-based nonprofit organization situated in Chester, Pennsylvania. The primary mission of PHHA is to foster and enhance the well-being of harness racing in Pennsylvania. It achieves this by promoting the sport through marketing efforts, thereby creating numerous employment opportunities within the harness racing industry. Moreover, PHHA extends its commitment to the welfare of its members by providing them with essential health benefits, which is a significant aspect of its operations. With a team of five dedicated individuals, PHHA plays a pivotal role in maintaining and growing the harness racing scene in Pennsylvania.
Official website here: www.phha.org
Is Pennsylvania Harness Horsemen's Association legitimate?
Pennsylvania Harness Horsemen's Association is a legitimate nonprofit organization registered as a 501(c)(5) entity. Pennsylvania Harness Horsemen's Association 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: $260,100
Professional Fundraising Fees: $0
Other Salaries and Wages: $264,585
For more financial information, click here
Official website here: www.phha.org
What is the mission statement of Pennsylvania Harness Horsemen's Association?
The Pennsylvania Harness Horsemen's Association, serving as a membership organization, is dedicated to fostering the well-being and progress of harness racing. Its primary activities include promoting harness racing through marketing initiatives and providing health benefits for its members. This association contributes significantly to the economy by creating numerous job opportunities in the harness racing industry. Furthermore, the Pennsylvania Harness Horsemen's Association extends health and pension benefits to trainers, drivers, and grooms, ensuring their well-being, as some might not have access to such benefits otherwise.
Official website here: www.phha.org
Who is the CEO of Pennsylvania Harness Horsemen's Association?
Mike Harant is the CEO of Pennsylvania Harness Horsemen's Association The CEO's salary of Pennsylvania Harness Horsemen's Association is $111,000 and their total compensation is $141,500.
Official website here: www.phha.org
What is the revenue of Pennsylvania Harness Horsemen's Association?
Pennsylvania Harness Horsemen's Association's revenue in 2023 was $4,904,038.
Official website here: www.phha.org
Who are the executives of Pennsylvania Harness Horsemen's Association and what are their salaries?
The average compensation at Pennsylvania Harness Horsemen's Association during 2023 was $104,937. There are 5 employees and 11 volunteers at Pennsylvania Harness Horsemen's Association.
Here are 12 key members and their salaries (Pennsylvania Harness Horsemen's Association's CEO's salary is $111,000 and their total compensation is $141,500):
- Compensation: $25,000
- Related: $0
- Other: $10,402
- Compensation: $0
- Related: $0
- Other: $12,839
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $8,347
- Compensation: $0
- Related: $0
- Other: $1,514
- Compensation: $0
- Related: $0
- Other: -$2,392
- Compensation: $0
- Related: $0
- Other: $7,031
- Compensation: $0
- Related: $0
- Other: $12,467
- Compensation: $0
- Related: $0
- Other: $33,861
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $9,530
- Compensation: $111,000
- Related: $0
- Other: $30,500
Official website here: www.phha.org
Where can I find the form 990 for Pennsylvania Harness Horsemen's Association?
Pennsylvania Harness Horsemen's Association's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.phha.org
Learn more at the official website: www.phha.org
Mission Statement of Pennsylvania Harness Horsemen's Association
The Pennsylvania Harness Horsemen's Association, as a membership organization, is committed to fostering and enhancing the well-being and development of harness racing in Pennsylvania. Their most prominent activities include marketing harness racing to a wide audience and providing health and pension benefits for its members. This organization plays a significant role in generating employment opportunities within the harness racing industry, benefiting thousands of individuals. Beyond its economic contributions, the Pennsylvania Harness Horsemen's Association also extends health and pension benefits to trainers, drivers, and groomsmens, many of whom may not otherwise have access to such resources.
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Impact
October, 2024
The Pennsylvania Harness Horsemen's Association plays a vital role in the harness racing industry by promoting its welfare and development across the state. Through targeted marketing efforts, the organization enhances the visibility and appeal of harness racing, attracting more participants and spectators, which ultimately stimulates local economies.
In addition to its promotional activities, the association significantly benefits its members by providing health and pension benefits to trainers, drivers, and groomsmen. This support ensures that those who contribute to the industry can access essential healthcare and financial security, which is particularly crucial for individuals who might otherwise face challenges in these areas.
The impact of the Pennsylvania Harness Horsemen's Association extends beyond its membership, as it helps to create thousands of jobs tied to the harness racing sector. These jobs contribute to the overall economy of Pennsylvania, supporting a wide range of associated businesses and services. Thus, the association is not only a champion for harness racing but also a crucial advocate for the livelihoods of countless individuals within the community.
This information is meant to be a general summary of Pennsylvania Harness Horsemen's Association. 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 2023.
- Investment Income: $2,696
- Program Service Revenue: $4,618,368
- Gross Receipts: $4,904,038
Assets and Liabilities:
- Total Assets: $38,090,065
- Total Liabilities: $35,917,031
- Net Assets: $2,173,034
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RACE TRACK REVENUES
Revenue
$2,019,637
HEALTH AND PENSION - R
Revenue
$2,011,341
GROUP HEALTH INSURANCE
Revenue
$531,830
MEMBERSHIPS
Revenue
$30,560
SPECIAL EVENTS
Revenue
$25,000
Organization Details
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