Overview
What is Maryland Horsemen's Assistance Foundation Inc?
The Maryland Horsemen's Assistance Foundation Inc is a benevolent organization, located in Maryland, dedicated to providing financial aid for extraordinary circumstances to eligible employees who are actively engaged in horse racing operations at local race tracks and Thoroughbred farms. By offering direct financial assistance and covering expenses on behalf of care providers, the foundation serves as a crucial lifeline for those in need. With a mission focused on helping individuals connected to the horse racing industry, the Maryland Horsemen's Assistance Foundation Inc aims to alleviate financial burdens and contribute positively to the community.
Is Maryland Horsemen's Assistance Foundation Inc legitimate?
Maryland Horsemen's Assistance Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maryland Horsemen's Assistance Foundation Inc submitted a form 990EZ, 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.
What is the mission statement of Maryland Horsemen's Assistance Foundation Inc?
The Maryland Horsemen's Assistance Foundation is a benevolent organization that serves as a source of financial aid for eligible employees working at Maryland race tracks and Thoroughbred farms. In times of extraordinary circumstances, the foundation extends direct payments to those in need and also covers expenses on their behalf, such as medical bills. The foundation's mission is to provide this financial assistance, aiming to support individuals connected to horse racing in Maryland during their hardships.
Who is the CEO of Maryland Horsemen's Assistance Foundation Inc?
Karin M Defrancis is the President of Maryland Horsemen's Assistance Foundation Inc.
What is the revenue of Maryland Horsemen's Assistance Foundation Inc?
Maryland Horsemen's Assistance Foundation Inc's revenue in 2022 was $26,445.
Who are the executives of Maryland Horsemen's Assistance Foundation Inc and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990EZ for Maryland Horsemen's Assistance Foundation Inc?
Maryland Horsemen's Assistance Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Maryland Horsemen's Assistance Foundation Inc
The Maryland Horsemen's Assistance Foundation is a charitable organization with a mission to extend financial aid in extraordinary circumstances to eligible employees actively working at Maryland race tracks and Thoroughbred farms. This nonprofit entity provides direct payments to individuals in need, as well as covers expenses on their behalf towards medical care providers and other relevant services. The foundation's primary purpose is to offer financial assistance during challenging times, ensuring the well-being of those connected with the horse racing industry in Maryland.
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Impact
August, 2024
The Maryland Horsemen's Assistance Foundation Inc has a significant impact on supporting eligible employees actively working at Maryland race tracks and Thoroughbred farms during times of extraordinary circumstances. The foundation provides crucial financial assistance through direct payments to those in need and payments on their behalf to doctors and other care providers. By fulfilling its mission to offer aid to individuals connected with horse racing in Maryland, the foundation plays a vital role in supporting the well-being and stability of the community involved in this industry.
This information is meant to be a general summary of Maryland Horsemen's Assistance Foundation 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: $470
- Program Service Revenue: $25,475
- Gross Receipts: $26,445
Assets and Liabilities:
- Total Assets: $163,713
- Total Liabilities: $0
- Net Assets: $163,713
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Organization Details
Phone
(410) 902-6842Principal Officer
Karin M Defrancis
Main Address
500 REDLAND COURT SUITE 105, OWINGS MILLS, MD, 21117
NTEE Category
Code: P60 - Human services
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