Overview
What is Pa Thoroughbred Horsemen's Assoc Inc?
Pa Thoroughbred Horsemen's Assoc Inc is a nonprofit organization situated in Bensalem, Pennsylvania. Their primary focus is to promote live thoroughbred racing through their cable TV show, "Let's Go Racing." Beyond this, they are dedicated to safeguarding and supporting the welfare of Parx Racing horsemen. Their efforts include ensuring live racing, protecting horsemen's rights, providing health care and pension benefits, and offering benevolence programs. This organization's mission is multifaceted, encompassing various aspects to enhance the lives and careers of thoroughbred horsemen. Word count: 110
Official website here: www.patha.org
Is Pa Thoroughbred Horsemen's Assoc Inc legitimate?
Pa Thoroughbred Horsemen's Assoc Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Pa Thoroughbred Horsemen's Assoc 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: $153,592
Professional Fundraising Fees: $0
Other Salaries and Wages: $243,431
For more financial information, click here
Official website here: www.patha.org
What is the mission statement of Pa Thoroughbred Horsemen's Assoc Inc?
Pa Thoroughbred Horsemen's Association works diligently to safeguard and cater to the needs of horsemen involved in Parx Racing. Their mission encompasses ensuring a steady schedule of live racing, defending the rights of horsemen, providing health care and pension plans, and managing benevolence programs. Their commitment extends beyond these, aiming to enhance the well-being of horsemen in various ways. Additionally, they promote thoroughbred racing through a cable TV show titled "Let's Go Racing."
Official website here: www.patha.org
Who is the CEO of Pa Thoroughbred Horsemen's Assoc Inc?
Jeffrey A Matty Jr is the Executive Director/Secretary of Pa Thoroughbred Horsemen's Assoc Inc.
Official website here: www.patha.org
What is the revenue of Pa Thoroughbred Horsemen's Assoc Inc?
Pa Thoroughbred Horsemen's Assoc Inc's revenue in 2022 was $1,879,490.
Official website here: www.patha.org
Who are the executives of Pa Thoroughbred Horsemen's Assoc Inc and what are their salaries?
The average compensation at Pa Thoroughbred Horsemen's Assoc Inc during 2022 was $28,359. There are 14 employees at Pa Thoroughbred Horsemen's Assoc Inc.
Here are 11 key members and their salaries:
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Official website here: www.patha.org
Where can I find the form 990 for Pa Thoroughbred Horsemen's Assoc Inc?
Pa Thoroughbred Horsemen's Assoc Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.patha.org
Learn more at the official website: www.patha.org
Mission Statement of Pa Thoroughbred Horsemen's Assoc Inc
The Pa Thoroughbred Horsemen's Assoc Inc is committed to safeguarding and catering to the needs of Parx Racing horsemen. This nonprofit organization strives to ensure the continuity of live racing, uphold horsemen's rights, and provide essential healthcare and pension benefits for these individuals. Furthermore, the association is dedicated to implementing benevolence programs to further support its members. In addition to these core objectives, Pa Thoroughbred Horsemen's Assoc Inc also engages in promotional activities, such as producing the cable TV show, "Let's Go Racing." The primary goal of this show is to promote thoroughbred racing, thereby enhancing the overall image and appeal of the equine sport.
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Impact
October, 2024
Pa Thoroughbred Horsemen's Assoc Inc significantly impacts the local horse racing community by advocating for the rights and well-being of Parx Racing horsemen. By guaranteeing live racing, they ensure ongoing opportunities for trainers, jockeys, and owners to compete and earn a livelihood. Their commitment extends to providing essential health care and pension benefits for horsemen, which contributes to the financial stability and welfare of those involved in the industry. Furthermore, programs aimed at benevolence enhance community ties, supporting individuals in need within the horse racing ecosystem.
The association actively promotes live Thoroughbred racing through initiatives like the cable TV show "Let's Go Racing," increasing visibility for the sport and encouraging public engagement. Such efforts foster a vibrant racing culture in Bensalem, PA, and contribute to the economic vitality of the region. Overall, their work not only protects the interests of horsemen but also enriches the local community by sustaining an important cultural and recreational activity.
This information is meant to be a general summary of Pa Thoroughbred Horsemen's Assoc 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: $79,445
- Program Service Revenue: $1,800,045
- Gross Receipts: $1,887,928
Assets and Liabilities:
- Total Assets: $9,126,323
- Total Liabilities: $8,600,477
- Net Assets: $525,846
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICES
Revenue
$1,800,045
Organization Details
Founding Year
1992
Phone
(215) 638-2012Principal Officer
Jeffrey A Matty Jr
Main Address
PO BOX 300, BENSALEM, PA, 19020
Website
www.patha.orgNTEE Category
Code: S41 - Community improvement
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