Overview
What is Illinois Harness Horsemen's Association?
The Illinois Harness Horsemen's Association is a nonprofit organization situated in Hinsdale, Illinois. Its primary mission is to safeguard, foster, and uphold harness horse racing within the state by representing various stakeholders, including owners, breeders, trainers, drivers, and caretakers/grooms. As a trade association, it aims to preserve and promote harness horse racing in Illinois, serving as a collective voice for its members. With a small team of two dedicated individuals, the association works tirelessly to support the harness racing community in the state.
Official website here: www.harnessillinois.com
Is Illinois Harness Horsemen's Association legitimate?
Illinois Harness Horsemen's Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Illinois 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: $138,043
Professional Fundraising Fees: $0
Other Salaries and Wages: $13,132
For more financial information, click here
Official website here: www.harnessillinois.com
What is the mission statement of Illinois Harness Horsemen's Association?
The Illinois Harness Horsemen's Association, a non-profit organization, is dedicated to preserving, promoting, and maintaining harness horse racing within the state. This association serves and represents various stakeholders in the industry, including owners, breeders, trainers, drivers, and caretakers/grooms, with the goal of sustaining harness horse racing in Illinois.
Official website here: www.harnessillinois.com
Who is the CEO of Illinois Harness Horsemen's Association?
Al Beals is the Director/Treasurer of Illinois Harness Horsemen's Association.
Official website here: www.harnessillinois.com
What is the revenue of Illinois Harness Horsemen's Association?
Illinois Harness Horsemen's Association's revenue in 2022 was $641,844.
Official website here: www.harnessillinois.com
Who are the executives of Illinois Harness Horsemen's Association and what are their salaries?
The average compensation at Illinois Harness Horsemen's Association during 2022 was $75,588. There are 2 employees at Illinois Harness Horsemen's Association.
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- Compensation: $106,000
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- Other: $32,043
Official website here: www.harnessillinois.com
Where can I find the form 990 for Illinois Harness Horsemen's Association?
Illinois Harness Horsemen's Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.harnessillinois.com
Learn more at the official website: www.harnessillinois.com
Mission Statement of Illinois Harness Horsemen's Association
The Illinois Harness Horsemen's Association, a not-for-profit organization, is committed to preserving, promoting, and maintaining harness horse racing within the state of Illinois. This association serves as a representative body for various stakeholders in the harness racing industry, including owners, breeders, trainers, drivers, and caretakers/grooms. Its mission is to safeguard the future of harness horse racing in Illinois, ensuring the involvement and success of all involved parties.
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Impact
October, 2024
The Illinois Harness Horsemen's Association plays a vital role in preserving and promoting harness horse racing within the state. By representing the interests of owners, breeders, trainers, drivers, and caretakers, it fosters a sense of community among those involved in the sport. The association's efforts help maintain the integrity and standards of harness racing, ensuring that the livelihood of many individuals in this industry is supported. Additionally, its commitment to community improvement contributes to the local economy by creating jobs and supporting related businesses. Through its advocacy and educational initiatives, the association works to enhance public awareness and appreciation of harness horse racing, ensuring its continued viability in Illinois.
This information is meant to be a general summary of Illinois 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 2022.
- Investment Income: $372
- Program Service Revenue: $641,472
- Gross Receipts: $641,844
Assets and Liabilities:
- Total Assets: $587,695
- Total Liabilities: $64,615
- Net Assets: $523,080
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RACE TRACK AGREEMENTS
Revenue
$620,500
MEMBERSHIP DUES
Revenue
$20,972
Organization Details
Founding Year
1951
Phone
(630) 323-0808Principal Officer
Al Beals
Main Address
15 SPINNING WHEEL ROAD 432, HINSDALE, IL, 60521
Website
www.harnessillinois.comNTEE Category
Code: S41 - Community improvement
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