Overview
What is Nebraska Horsemen's Benevolent And Protective Association Inc?
Nebraska Horsemen's Benevolent and Protective Association Inc is a nonprofit organization based in Lincoln, Nebraska. Their primary mission is to support and promote thoroughbred racing activities in Nebraska by providing cash supplements at all Nebraska racetracks. They aim to foster a healthier economic climate and higher public acceptance of the thoroughbred horse industry within the state, as well as improving relationships among participants. The association also prioritizes the safety of its members, stable personnel, and horses, working on appropriate emergency procedures and stable schedules. Representing the interests of its members, the association engages with racing associations, jockey's organizations, and other industry-related bodies, advocating for their rights and interests. Furthermore, they inform and educate their members and the broader horse racing community, aiming to foster a better understanding of the horse industry. The organization, with a workforce of 161 individuals, operates within Nebraska's legislative and regulatory frameworks.
Official website here: www.nebraskahorsemen.com/
Is Nebraska Horsemen's Benevolent And Protective Association Inc legitimate?
Nebraska Horsemen's Benevolent And Protective Association Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Nebraska Horsemen's Benevolent And Protective 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: $64,306
Professional Fundraising Fees: $0
Other Salaries and Wages: $52,882
For more financial information, click here
Official website here: www.nebraskahorsemen.com/
What is the mission statement of Nebraska Horsemen's Benevolent And Protective Association Inc?
The Nebraska Horsemen's Benevolent and Protective Association Inc has a mission to foster, promote, and encourage a healthier economic climate and a higher level of public acceptance within the thoroughbred horse industry. They aim to protect the safety of its members, stable personnel, and horses by collaborating with racing associations, jockey's organizations, and implementing reasonable stable schedules and emergency procedures. The association represents the interests and property rights of its members in any matters with relevant organizations and government bodies. They also strive to inform and educate members and other segments of the horse industry, aiming to foster a better understanding of the horse industry within the horse racing community. This is accomplished through publications and seminars.
Official website here: www.nebraskahorsemen.com/
Who is the CEO of Nebraska Horsemen's Benevolent And Protective Association Inc?
Garald Wollesen is the Chief Executive Officer of Nebraska Horsemen's Benevolent And Protective Association Inc. The CEO's salary of Nebraska Horsemen's Benevolent And Protective Association Inc is $116,671 and their total compensation is $128,615.
Official website here: www.nebraskahorsemen.com/
What is the revenue of Nebraska Horsemen's Benevolent And Protective Association Inc?
Nebraska Horsemen's Benevolent And Protective Association Inc's revenue in 2022 was $1,216,383.
Official website here: www.nebraskahorsemen.com/
Who are the executives of Nebraska Horsemen's Benevolent And Protective Association Inc and what are their salaries?
The average compensation at Nebraska Horsemen's Benevolent And Protective Association Inc during 2022 was $728. There are 161 employees at Nebraska Horsemen's Benevolent And Protective Association Inc.
Here are 13 key members and their salaries (Nebraska Horsemen's Benevolent And Protective Association Inc's CEO's salary is $116,671 and their total compensation is $128,615):
- Compensation: $116,671
- Related: $0
- Other: $11,944
- Compensation: $111,539
- Related: $0
- Other: $17,071
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.nebraskahorsemen.com/
Where can I find the form 990 for Nebraska Horsemen's Benevolent And Protective Association Inc?
Nebraska Horsemen's Benevolent And Protective Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nebraskahorsemen.com/
Learn more at the official website: www.nebraskahorsemen.com/
Mission Statement of Nebraska Horsemen's Benevolent And Protective Association Inc
Nebraska Horsemen's Benevolent and Protective Association, Inc., is a nonprofit organization with a mission to foster, promote, and encourage a healthier economic climate and a higher level of public acceptance for the thoroughbred horse industry in Nebraska. The association aims to improve relationships among participants within this industry. Another crucial aspect of their mission is to protect the safety of members, their stable personnel, and their horses. This is achieved through collaborations with race area conditions, implementing proper emergency procedures, and maintaining reasonable stable schedules.
In addition, Nebraska Horsemen's Benevolent and Protective Association, Inc., represents the interests and property rights of its members in any matters with racing associations, jockey's organizations, or any other industry-related organizations. The association also advocates for its members in any matters with local, state, or federal governments and any racing commissions. To disseminate information and promote a better understanding of the horse industry, the organization arranges for publications and seminars. By doing so, Nebraska Horsemen's Benevolent and Protective Association, Inc., strives to inform and educate its members and other segments of the horse industry.
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Impact
October, 2024
The Nebraska Horsemen's Benevolent and Protective Association Inc plays a crucial role in enhancing and supporting the thoroughbred horse industry within the state. By fostering a healthier economic climate, the organization promotes the interests of its members and the broader community involved in horse racing. This includes providing cash supplements to racetracks in Nebraska, which directly boosts the local economy and encourages participation in racing activities.
In addition to its economic contributions, the association emphasizes safety for its members and their horses. This involves advocating for improved race area conditions, emergency procedures, and stable management practices. By enhancing safety measures, the organization helps ensure a secure environment for both participants and animals, which in turn builds trust and a higher level of public acceptance for the sport.
Furthermore, the association serves as a representative voice for its members. It advocates for their interests in dealings with racing associations, jockey organizations, and various government levels. This representation not only protects members' property rights but also seeks to ensure that the thoroughbred industry in Nebraska remains vibrant and respected.
Through educational initiatives and public outreach, the Nebraska Horsemen's Benevolent and Protective Association fosters a better understanding of the horse racing community. This is achieved through publications, seminars, and events that enhance knowledge and appreciation of the sport, ultimately benefiting the industry as a whole.
This information is meant to be a general summary of Nebraska Horsemen's Benevolent And Protective 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.
- Investment Income: -$412,396
- Gross Receipts: $12,632,333
Assets and Liabilities:
- Total Assets: $16,589,886
- Total Liabilities: $8,148,820
- Net Assets: $8,441,066
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Organization Details
Founding Year
1987
Phone
(402) 802-4467Principal Officer
Garald Wollesen
Main Address
7055 S 1ST ST, LINCOLN, NE, 68512
Website
www.nebraskahorsemen.com/NTEE Category
Code: N60 - Recreation
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