Thoroughbred Racing Association Of Oklahoma Benevolence Fund

Trao Benevolence Fund

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

EIN: 367622602 ✦ Yukon, OK ✦ Designated as a 501(c)(4)

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Overview

What is Thoroughbred Racing Association Of Oklahoma Benevolence Fund?

The Thoroughbred Racing Association of Oklahoma Benevolence Fund is a nonprofit organization situated in Oklahoma City, Oklahoma. Its primary mission is to offer benevolence, including financial assistance, to members in good standing and eligible former members of the Thoroughbred Racing Association of Oklahoma, their spouses, and children, as well as licensed backstretch personnel. This aid is intended to help cover expenses related to medical care and treatment, hospitalization, funeral services, and burials, on a case-by-case basis, at the sole discretion of the trustees. The organization continues its charitable work, providing essential support during challenging times.


Official website here: www.traoracing.com

What do the Facebook reviews say about Thoroughbred Racing Association Of Oklahoma Benevolence Fund?

90% of 13 reviewers on Facebook recommend the Thoroughbred Racing Association of Oklahoma Benevolence Fund. Here is a summary of their reviews:

The organization is praised for its friendly and supportive staff who prioritize the needs of horsemen. Many users appreciate the approachable and cooperative nature of the team, indicating a positive experience when interacting with the nonprofit.

Overall, the sentiment is overwhelmingly positive, with reviewers expressing satisfaction with the services offered and a clear commitment to the welfare of horses and their caretakers. This nonprofit is seen as genuinely invested in making a difference in the community it serves.


This AI summary has been generated from reviews found on Facebook.

Is Thoroughbred Racing Association Of Oklahoma Benevolence Fund legitimate?

Thoroughbred Racing Association Of Oklahoma Benevolence Fund is a legitimate nonprofit organization registered as a 501(c)(4) entity. Thoroughbred Racing Association Of Oklahoma Benevolence Fund 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: $0

For more financial information, click here


Official website here: www.traoracing.com

What is the mission statement of Thoroughbred Racing Association Of Oklahoma Benevolence Fund?

The Thoroughbred Racing Association of Oklahoma Benevolence Fund is established with the primary purpose of providing benevolence to members in good standing and worthy former members, their spouses, and children, as well as licensed backstretch personnel. This assistance is intended to help cover expenses for medical care and treatment, hospitalization, funeral services, and burials. The fund operates on a case-by-case basis, with the trustees holding the sole and absolute discretion to grant aid, as permitted by law.


Official website here: www.traoracing.com

What is the revenue of Thoroughbred Racing Association Of Oklahoma Benevolence Fund?

Thoroughbred Racing Association Of Oklahoma Benevolence Fund's revenue in 2024 was $322,570.


Official website here: www.traoracing.com

Who are the executives of Thoroughbred Racing Association Of Oklahoma Benevolence Fund and what are their salaries?

Here are 14 key members and their salaries:


Mike Biehler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Blair (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danny Caldwell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Boyd Caster (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Faulkner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Hawk (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teresa Luneack (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Majors (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenny Nolen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Offolter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
C R Trout (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Young (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Zoellner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danielle Barber (Executive Di)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.traoracing.com

Where can I find the form 990 for Thoroughbred Racing Association Of Oklahoma Benevolence Fund?

Thoroughbred Racing Association Of Oklahoma Benevolence Fund's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.traoracing.com

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

Mission Statement of Thoroughbred Racing Association Of Oklahoma Benevolence Fund

The Thoroughbred Racing Association of Oklahoma Benevolence Fund is established with a mission to provide benevolence, on a case-by-case basis, to individuals and families in need. This nonprofit organization, operating under the discretion of its trustees, offers financial assistance to cover expenses related to medical care and treatment, hospitalization, funeral services, and burials. This aid is extended to members of the Thoroughbred Racing Association of Oklahoma who are in good standing, as well as their spouses, children, and licensed backstretch personnel. The fund is permitted to extend its assistance by law, ensuring that it can provide aid when and where it is most needed.

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Impact




October, 2024

The Thoroughbred Racing Association of Oklahoma Benevolence Fund plays a crucial role in supporting individuals associated with the horse racing industry in Oklahoma by providing vital financial assistance for various urgent needs. This includes covering expenses related to medical care and treatment, hospitalization, funeral services, and burial for members in good standing, deserving former members, their spouses, children, and licensed backstretch personnel.

By alleviating some of the financial burdens during challenging times, the Fund ensures that those who have dedicated their lives to the industry receive support when they face medical or end-of-life situations. With its focused mission, the Benevolence Fund significantly impacts the well-being of its community, enhancing the safety net for individuals who may otherwise struggle to cover essential healthcare costs or services associated with significant life events.




This information is meant to be a general summary of Thoroughbred Racing Association Of Oklahoma Benevolence Fund. 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
$322,570 (2024)
Expenses
$244,720 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Program Service Revenue: $322,570
  • Gross Receipts: $322,570

Assets and Liabilities:

  • Total Assets: $173,338
  • Total Liabilities: $314
  • Net Assets: $173,024

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Programs

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

PURSE DEDUCTION INCOME

Revenue

$211,213

GAMING INCOME

Revenue

$91,480

PTF

Revenue

$19,877

Organization Details

Founding Year

2012

Principal Officer

Danielle Barber

NTEE Category

Code: Z99 - Unknown

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