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Illinois Thoroughbred Horsemen's Association Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 363835804 ✦ North riverside, IL ✦ Designated as a 501(c)(6)

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Overview

What is Illinois Thoroughbred Horsemen's Association Inc?

The Illinois Thoroughbred Horsemen's Association Inc, located in North Riverside, Illinois, is a nonprofit organization with approximately 3,000 members. Their primary mission is to represent and support horse owners, trainers, and their employees who engage in thoroughbred racing in Illinois. Acting as a central hub, they disseminate and exchange information among horsemen, promoting the sport and enhancing working conditions within the industry. Their team, consisting of six dedicated individuals, works diligently to improve the welfare of thoroughbred horses and their handlers, as well as advocating for their interests in Illinois' thoroughbred racing scene.


Official website here: www.itharacing.com

Is Illinois Thoroughbred Horsemen's Association Inc legitimate?

Illinois Thoroughbred Horsemen's Association Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Illinois Thoroughbred Horsemen's 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $370,367

For more financial information, click here


Official website here: www.itharacing.com

What is the mission statement of Illinois Thoroughbred Horsemen's Association Inc?

The Illinois Thoroughbred Horsemen's Association Inc is dedicated to promoting the sport of thoroughbred racing. Their mission extends beyond just the sport, as they also aim to enhance working conditions for horsemen and their employees. Furthermore, the organization represents the interests of horse owners and trainers who race thoroughbred horses in Illinois. Acting as a central hub for information, the Association serves approximately 3,000 members, facilitating the exchange and dissemination of knowledge among horsemen.


Official website here: www.itharacing.com

Who is the CEO of Illinois Thoroughbred Horsemen's Association Inc?

David Mccaffrey is the Executive Di of Illinois Thoroughbred Horsemen's Association Inc.


Official website here: www.itharacing.com

What is the revenue of Illinois Thoroughbred Horsemen's Association Inc?

Illinois Thoroughbred Horsemen's Association Inc's revenue in 2022 was $1,980,355.


Official website here: www.itharacing.com

Who are the executives of Illinois Thoroughbred Horsemen's Association Inc and what are their salaries?

The average compensation at Illinois Thoroughbred Horsemen's Association Inc during 2022 was $61,728. There are 6 employees and 10 volunteers at Illinois Thoroughbred Horsemen's Association Inc.


Here are 12 key members and their salaries:


David Mccaffrey (Executive Di)
  • Compensation: $157,078
  • Related: $0
  • Other: $10,552
Chris Block (President)
  • Compensation: $50,000
  • Related: $0
  • Other: $9,040
Tom Fedro (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mickey Goldfine (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Holland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael J Langdon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patti Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Mitchell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marty Nixon (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Swearingen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Young (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.itharacing.com

Where can I find the form 990 for Illinois Thoroughbred Horsemen's Association Inc?

Illinois Thoroughbred Horsemen's Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.itharacing.com

Learn more at the official website: www.itharacing.com

Mission Statement of Illinois Thoroughbred Horsemen's Association Inc

Illinois Thoroughbred Horsemen's Association, a notable organization, is dedicated to promoting the sport of thoroughbred racing. Beyond this, the association aims to enhance working conditions for horsemen and their employees, and to represent the interests of horse owners and trainers who participate in thoroughbred horse races within Illinois. In essence, the Illinois Thoroughbred Horsemen's Association serves as a platform for these individuals, advocating on their behalf and facilitating communication among them by acting as a clearinghouse for the exchange of information.

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Impact




October, 2024

The Illinois Thoroughbred Horsemen's Association Inc. plays a crucial role in the promotion and advancement of thoroughbred racing in the state. By advocating for horse owners and trainers, it enhances the overall environment for horse racing, ensuring that the interests of its approximately 3,000 members are represented effectively.

Through its efforts, the association aims to improve working conditions for horsemen and their employees, which is vital for maintaining high standards within the industry. By acting as a clearinghouse for information, it facilitates the dissemination and exchange of knowledge among horsemen, thereby fostering a supportive community. This commitment not only strengthens the thoroughbred racing industry in Illinois but also contributes to the broader community by stimulating economic activity and ensuring a sustainable future for horse racing.




This information is meant to be a general summary of Illinois Thoroughbred Horsemen's 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.

Revenue
$1,980,355 (2022)
Expenses
$1,420,099 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $4,943
  • Program Service Revenue: $1,975,412
  • Gross Receipts: $1,991,759

Assets and Liabilities:

  • Total Assets: $1,740,146
  • Total Liabilities: $9,099
  • Net Assets: $1,731,047

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PURSE ACCOUNT

Revenue

$1,200,120

ARLINGTON PARK

Revenue

$775,292

Organization Details

Principal Officer

David Mccaffrey

Main Address

7301 WEST 25TH STREET, NORTH RIVERSIDE, IL, 60546

NTEE Category

Code: S41 - Community improvement

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