Overview
What is Horseracing Integrity And Safety Authority Inc?
Horseracing Integrity and Safety Authority Inc. is a nonprofit organization established in response to the Horseracing Integrity and Safety Act, signed into federal law in 2020. Based in Lexington, Kentucky, the organization is responsible for drafting and enforcing uniform safety and integrity rules in thoroughbred racing across the United States. Overseen by the Federal Trade Commission (FTC), its primary mission is to establish safety and performance standards for horseracing, including the development and implementation of anti-doping programs. The authority comprises two programs: the Racetrack Safety Program, which began operation in July 2022, and the Anti-Doping and Medication Control (ADMC) Program, set to commence in January 2023. The organization is led by a small team of 1 member.
Official website here: www.hisaus.org
Is Horseracing Integrity And Safety Authority Inc legitimate?
Horseracing Integrity And Safety Authority Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Horseracing Integrity And Safety Authority 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: $226,933
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.hisaus.org
What is the mission statement of Horseracing Integrity And Safety Authority Inc?
The Horseracing Integrity and Safety Authority Inc's mission is centered around establishing safety and performance standards for the horseracing industry. This encompasses the development and implementation of anti-doping programs. Established in 2020 with the signing of the Horseracing Integrity and Safety Act into federal law, the authority is responsible for drafting and enforcing uniform safety and integrity rules in thoroughbred racing across the United States. Overseen by the Federal Trade Commission (FTC), the Horseracing Integrity and Safety Authority comprises two programs: the Racetrack Safety Program, which became effective on July 1, 2022, and the Anti-Doping and Medication Control (ADMC) Program, scheduled to begin in January 2023.
Official website here: www.hisaus.org
Who is the CEO of Horseracing Integrity And Safety Authority Inc?
Charles Scheeler is the Chair of Horseracing Integrity And Safety Authority Inc. The CEO's salary of Horseracing Integrity And Safety Authority Inc is $211,993 and their total compensation is $211,993.
Official website here: www.hisaus.org
What is the revenue of Horseracing Integrity And Safety Authority Inc?
Horseracing Integrity And Safety Authority Inc's revenue in 2021 was $13.
Official website here: www.hisaus.org
Who are the executives of Horseracing Integrity And Safety Authority Inc and what are their salaries?
The average compensation at Horseracing Integrity And Safety Authority Inc during 2021 was $226,933. There is 1 employee and 8 volunteers at Horseracing Integrity And Safety Authority Inc.
Here are 10 key members and their salaries (Horseracing Integrity And Safety Authority Inc's CEO's salary is $211,993 and their total compensation is $211,993):
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- Compensation: $211,993
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Official website here: www.hisaus.org
Where can I find the form 990 for Horseracing Integrity And Safety Authority Inc?
Horseracing Integrity And Safety Authority Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.hisaus.org
Learn more at the official website: www.hisaus.org
Mission Statement of Horseracing Integrity And Safety Authority Inc
The Horseracing Integrity and Safety Authority Inc, established in 2020 following the signing of the Horseracing Integrity and Safety Act into federal law, is committed to establishing safety and performance standards for horseracing. This includes the development and implementation of anti-doping programs. The organization's primary mission is to oversee the drafting and enforcement of uniform safety and integrity rules in thoroughbred racing across the United States. Overseen by the Federal Trade Commission (FTC), Horseracing Integrity and Safety Authority (HISA) aims to implement a national, uniform set of rules applicable to every participant and racetrack facility involved in thoroughbred racing.
HISA operates two programs to achieve its mission. The Racetrack Safety Program, launched on July 1, 2022, is one of these initiatives. The other program, the Anti-Doping and Medication Control (ADMC), is set to commence in January 2023. These programs are designed to ensure a level playing field and maintain the integrity of the sport by enforcing consistent and stringent rules. By doing so, HISA aims to protect the health and wellbeing of the horses and the integrity of the racing industry as a whole.
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Impact
October, 2024
The Horseracing Integrity and Safety Authority Inc. (HISA) significantly impacts the thoroughbred racing industry in the United States by establishing and enforcing uniform safety and integrity standards. By implementing a national framework for rules applicable to all participants and racetracks, HISA addresses key issues of safety and integrity in horseracing.
One of HISA’s primary initiatives is the Racetrack Safety Program, which focuses on improving the safety measures in racing venues to protect horses and jockeys. This program ensures that racetracks adhere to standardized safety protocols, decreasing the likelihood of injuries and enhancing the overall environment for both competitors and spectators.
Additionally, the Anti-Doping and Medication Control (ADMC) Program, set to launch in January 2023, marks a vital step toward eradicating the use of performance-enhancing substances in racing. By enforcing strict medication regulations and conducting thorough testing, HISA aims to promote fair competition and restore public confidence in the sport.
Overall, HISA's establishment through the Horseracing Integrity and Safety Act has ushered in an era of enhanced oversight and accountability in the industry, ultimately benefiting participants, fans, and the integrity of thoroughbred racing as a whole.
This information is meant to be a general summary of Horseracing Integrity And Safety Authority 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 2021.
- Investment Income: $13
- Gross Receipts: $13
Assets and Liabilities:
- Total Assets: $831,685
- Total Liabilities: $3,491,077
- Net Assets: -$2,659,392
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Organization Details
Founding Year
2020
Phone
(859) 255-2341Principal Officer
Charles Scheeler
Main Address
401 W MAIN ST STE 222, LEXINGTON, KY, 40507
Website
www.hisaus.orgNTEE Category
Code: S41 - Community improvement
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