Illinois Horsemen Benevolent Protective Assn Inc

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

EIN: 371242930 ✦ Caseyville, IL ✦ Designated as a 501(c)(6)

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Overview

What is Illinois Horsemen Benevolent Protective Assn Inc?

Illinois Horsemen Benevolent Protective Assn Inc, located in Caseyville, Illinois, serves as the contractual representative for horse owners and trainers. Their primary focus is negotiating various aspects related to purses structure, track safety, and addressing any other potential issues that may arise. This nonprofit organization, with a small team of two employees, works diligently to ensure the best interests of those involved in the horse racing industry in Illinois.


Official website here: www.ilhbpa.com

Is Illinois Horsemen Benevolent Protective Assn Inc legitimate?

Illinois Horsemen Benevolent Protective Assn Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Illinois Horsemen Benevolent Protective Assn 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: $47,930

For more financial information, click here


Official website here: www.ilhbpa.com

What is the mission statement of Illinois Horsemen Benevolent Protective Assn Inc?

The Illinois Horsemen Benevolent Protective Assn Inc serves as the contractual organization representing horse owners and trainers. Its primary role involves negotiating various aspects, including purse structures and track safety, and addressing any issues that may arise. The association aims to protect the interests of its members in the horse racing industry, ensuring fair and beneficial agreements are reached. It acts as a mediator and advocate for its members, working towards the best possible outcomes regarding financial rewards and safety standards.


Official website here: www.ilhbpa.com

Who is the CEO of Illinois Horsemen Benevolent Protective Assn Inc?

James Watkins is the President of Illinois Horsemen Benevolent Protective Assn Inc.


Official website here: www.ilhbpa.com

What is the revenue of Illinois Horsemen Benevolent Protective Assn Inc?

Illinois Horsemen Benevolent Protective Assn Inc's revenue in 2022 was $276,345.


Official website here: www.ilhbpa.com

Who are the executives of Illinois Horsemen Benevolent Protective Assn Inc and what are their salaries?

The average compensation at Illinois Horsemen Benevolent Protective Assn Inc during 2022 was $23,965. There are 2 employees and 11 volunteers at Illinois Horsemen Benevolent Protective Assn Inc.


Here are 11 key members and their salaries:


Jim Watkins (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Hughes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patti Macari (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harry Lynch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Rednour (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia Rush (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Wainwright (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Moore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Warchol (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Duane Wells (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Becker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ilhbpa.com

Where can I find the form 990 for Illinois Horsemen Benevolent Protective Assn Inc?

Illinois Horsemen Benevolent Protective Assn Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ilhbpa.com

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

Mission Statement of Illinois Horsemen Benevolent Protective Assn Inc

Illinois Horsemen Benevolent Protective Assn Inc serves as the contractual representative for horse owners and trainers, engaging in negotiations regarding purse structures, track safety, and addressing any other concerns that may arise. In this role, the organization advocates for the interests of its members, ensuring fair and beneficial agreements are reached. By representing the needs of horse owners and trainers, Illinois Horsemen Benevolent Protective Assn Inc plays a crucial part in maintaining the well-being and success of the equestrian community.

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Impact




October, 2024

The Illinois Horsemen Benevolent Protective Association (HBPA) significantly impacts the horse racing community by serving as the contractual organization for owners and trainers. Its influence is seen in negotiations that shape purse structures, ensuring fair compensation for participants. The HBPA also addresses critical issues related to track safety, advocating for measures that protect the health and welfare of both horses and riders.

By representing the interests of its members, the HBPA fosters a collaborative environment within the racing industry, allowing stakeholders to voice their concerns and work towards shared goals. This not only enhances the competitive landscape but also contributes to the overall improvement of the community involved in horse racing. Its efforts help maintain the integrity and sustainability of the sport, making it a vital player in shaping the future of racing in Illinois.




This information is meant to be a general summary of Illinois Horsemen Benevolent Protective Assn 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
$276,345 (2022)
Expenses
$241,680 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $6
  • Gross Receipts: $276,345

Assets and Liabilities:

  • Total Assets: $62,197
  • Total Liabilities: $1,889
  • Net Assets: $60,308

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Organization Details

Founding Year

1992

Principal Officer

James Watkins

Main Address

PO BOX 429, CASEYVILLE, IL, 62232

NTEE Category

Code: S01 - Community improvement

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