Overview
What is Horse Race North Dakota?
Horse Race North Dakota, based in Fargo, North Dakota (PO Box 1917), is a nonprofit organization that actively promotes live horse racing within the state. Their efforts extend beyond seasonal events, as they also operate pari-mutuel, simulcast venues that cater to horse racing enthusiasts year-round. The organization's primary mission is to foster and advance the sport of horse racing and related equine activities, with a goal to engage and develop a local fanbase. As of the provided information, Horse Race North Dakota employs 98 individuals in its mission.
Official website here: www.hrnd.com
Is Horse Race North Dakota legitimate?
Horse Race North Dakota is a legitimate nonprofit organization registered as a 501(c)(4) entity. Horse Race North Dakota 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: $334,233
For more financial information, click here
Official website here: www.hrnd.com
What is the mission statement of Horse Race North Dakota?
Horse Race North Dakota, through its mission, aims to foster and propagate the sport of live horse racing and all related equine activities. The organization's mission is primarily focused on developing and promoting these activities, serving as a catalyst for both enthusiasts and newcomers alike. In 2022, live horse racing events were held over three weekends, while the organization also operates pari-mutual, simulcast locations throughout the year, fostering an ongoing engagement with horse racing within the state. These venues serve to cultivate a community of horse racing fans, providing a year-round platform for the sport's growth and appreciation.
Official website here: www.hrnd.com
Who is the CEO of Horse Race North Dakota?
Jay Alsop is the President of Horse Race North Dakota.
Official website here: www.hrnd.com
What is the revenue of Horse Race North Dakota?
Horse Race North Dakota's revenue in 2022 was $1,499,796.
Official website here: www.hrnd.com
Who are the executives of Horse Race North Dakota and what are their salaries?
The average compensation at Horse Race North Dakota during 2022 was $3,411. There are 98 employees at Horse Race North Dakota.
Here are 5 key members and their salaries:
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Official website here: www.hrnd.com
Where can I find the form 990 for Horse Race North Dakota?
Horse Race North Dakota's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hrnd.com
Learn more at the official website: www.hrnd.com
Mission Statement of Horse Race North Dakota
Horse Race North Dakota, abbreviated as HRND, is dedicated to the mission of advancing and fostering the popularity of live horse racing and all related equine activities. The primary objective of this organization is to stimulate interest in live horse racing within the state of North Dakota. To achieve this goal, HRND conducts live horse racing events over several weekends annually. In addition to promoting live racing, HRND operates pari-mutual, simulcast locations throughout the year, serving as a platform to engage and develop horse racing enthusiasts within North Dakota. By offering this year-round venue, HRND strives to cultivate a strong and devoted fanbase for horse racing, thereby contributing to the growth and longevity of the sport in the state.
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Impact
October, 2024
Horse Race North Dakota (HRND) plays a vital role in enhancing the local economy and community engagement through the promotion of live horse racing and equine-related activities. By hosting live horse racing events over three weekends in 2022, HRND attracted visitors and horse racing enthusiasts, contributing to increased tourism and local spending in Fargo and the surrounding areas.
The organization also operates pari-mutuel and simulcast locations, providing a year-round venue for horse racing fans. This continuous engagement fosters a dedicated community of racing enthusiasts, creating opportunities for education and participation in equine activities. By developing a fan base within North Dakota, HRND not only supports the sport itself but also promotes recreational activities that enrich the local culture.
Overall, Horse Race North Dakota serves as a catalyst for both economic growth and community involvement, showcasing the spirit of competition and camaraderie that live horse racing brings to the region.
This information is meant to be a general summary of Horse Race North Dakota. 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: $9
- Program Service Revenue: $204,772
- Gross Receipts: $2,068,363
Assets and Liabilities:
- Total Assets: $489,353
- Total Liabilities: $379,058
- Net Assets: $110,295
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTBPari Mutual Procee
Revenue
$42,756
Race DayProgram Incom
Revenue
$162,016
Organization Details
Founding Year
2001
Phone
(701) 306-3483Principal Officer
Jay Alsop
Main Address
PO Box 1917, Fargo, ND, 58107
Website
www.hrnd.comNTEE Category
Code: N31 - Recreation
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