Overview
What is Home Talent Colt Stakes Association Inc?
Home Talent Colt Stakes Association Inc, located in Berlin Center, Ohio, serves as a unifying force for individuals passionate about harness racing. With 14 affiliated county fairs in the Home Talent Circuit, this nonprofit organization strives to enhance the sport by establishing rules, tracking participation, and managing financial distributions among horsemen. Their primary mission involves promoting harness racing, upholding its integrity, and fostering a sense of unity within the Home Talent Circuit.
Official website here: www.hometalentcoltstakes.com
Is Home Talent Colt Stakes Association Inc legitimate?
Home Talent Colt Stakes Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Home Talent Colt Stakes Association 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: $6,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.hometalentcoltstakes.com
What is the mission statement of Home Talent Colt Stakes Association Inc?
Home Talent Colt Stakes Association Inc aims to enhance and uphold the sport of harness racing. Their mission involves uniting individuals within the Home Talent Circuit who share a common interest in promoting and preserving the integrity of the sport. The association organizes harness racing activities for its members, collaborating with the 14 member county fairs that form the Home Talent Circuit. They establish rules and regulations for the races, maintain records of the participating horses and horsemen, and distribute earnings among the horsemen based on their performances.
Official website here: www.hometalentcoltstakes.com
Who is the CEO of Home Talent Colt Stakes Association Inc?
Elwood Woolman is the Director of Home Talent Colt Stakes Association Inc.
Official website here: www.hometalentcoltstakes.com
What is the revenue of Home Talent Colt Stakes Association Inc?
Home Talent Colt Stakes Association Inc's revenue in 2022 was $308,715.
Official website here: www.hometalentcoltstakes.com
Who are the executives of Home Talent Colt Stakes Association Inc and what are their salaries?
There 14 volunteers at Home Talent Colt Stakes Association Inc.
Here are 15 key members and their salaries:
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Official website here: www.hometalentcoltstakes.com
Where can I find the form 990 for Home Talent Colt Stakes Association Inc?
Home Talent Colt Stakes Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hometalentcoltstakes.com
Learn more at the official website: www.hometalentcoltstakes.com
Mission Statement of Home Talent Colt Stakes Association Inc
Home Talent Colt Stakes Association, a prominent organization within the harness racing community, is dedicated to promoting and enhancing the sport. Its primary mission is to unite individuals who share an interest in preserving the integrity of the Home Talent Circuit. The association aims to foster a sense of camaraderie among its members and the 14 county fairs that form part of the circuit. To achieve this, Home Talent Colt Stakes Association sets rules and regulations for all racing activities, ensuring fairness and adherence to the sport's standards.
Furthermore, the association maintains comprehensive records of the horses and horsemen participating in the racing program within the Home Talent Circuit. This meticulous record-keeping enables Home Talent Colt Stakes Association to accurately calculate and distribute earnings among the horsemen, thereby promoting fairness and transparency within the community. In essence, Home Talent Colt Stakes Association plays a vital role in upholding the integrity of harness racing within its circuit, fostering a supportive and competitive environment for its members.
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Impact
October, 2024
Home Talent Colt Stakes Association Inc plays a crucial role in enhancing the sport of harness racing within the Home Talent Circuit. By uniting individuals interested in this sport, the association creates a cohesive community dedicated to maintaining the integrity and quality of harness racing.
Its activities include coordinating races across 14 member county fairs, ensuring that the events are conducted under established rules and regulations. This oversight fosters a competitive yet fair environment for participants. The association also keeps meticulous records of both horses and horsemen, which not only helps in tracking performance but also in building a reliable history that can help promote the sport further.
Additionally, the association is responsible for distributing prize money among horsemen, thereby incentivizing participation and fostering the growth of harness racing. Through these efforts, Home Talent Colt Stakes Association Inc significantly contributes to the popularity and sustainability of harness racing, making it an integral part of the local sports culture in Berlin Center, Ohio.
This information is meant to be a general summary of Home Talent Colt Stakes Association 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.
- Program Service Revenue: $308,715
- Gross Receipts: $308,715
Assets and Liabilities:
- Total Assets: $26,125
- Total Liabilities: $0
- Net Assets: $26,125
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Nomination Fees
Revenue
$268,525
Bonus Fees
Revenue
$19,500
Membership Dues
Revenue
$15,185
Miscellaneous Revenue
Revenue
$5,505
Organization Details
Founding Year
2016
Phone
(330) 651-1042Principal Officer
Elwood Woolman
Main Address
8560 Bedell Rd, Berlin Center, OH, 44401
Website
www.hometalentcoltstakes.comNTEE Category
Code: N69 - Recreation
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