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Delaware Thoroughbred Horsemen's Association

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

EIN: 510327075 ✦ Wilmington, DE ✦ Designated as a 501(c)(6)

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Overview

What is Delaware Thoroughbred Horsemen's Association?

The Delaware Thoroughbred Horsemen's Association is a nonprofit organization situated in Delaware, with a primary objective of boosting the sport of thoroughbred horse racing. They are committed to enhancing this field, working diligently to improve thoroughbred racing within the state. Their mission encompasses promoting the thrill and passion of horse racing, contributing to its growth and development.


Official website here: www.dtha.com

Is Delaware Thoroughbred Horsemen's Association legitimate?

Delaware Thoroughbred Horsemen's Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Delaware Thoroughbred Horsemen's Association 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: $109,840
Professional Fundraising Fees: $0
Other Salaries and Wages: $86,775

For more financial information, click here


Official website here: www.dtha.com

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

The Delaware Thoroughbred Horsemen's Association, a non-profit organization, is committed to enhancing the sport of thoroughbred horse racing. Their mission is centered around improving thoroughbred racing within Delaware. This involves advocating for the sport and striving for its continued growth and success. The association seeks to create a favorable environment for thoroughbred racing, ensuring its longevity and popularity.


Official website here: www.dtha.com

Who is the CEO of Delaware Thoroughbred Horsemen's Association?

Mark Esposito is the President of Delaware Thoroughbred Horsemen's Association.


Official website here: www.dtha.com

What is the revenue of Delaware Thoroughbred Horsemen's Association?

Delaware Thoroughbred Horsemen's Association's revenue in 2022 was $2,461,936.


Official website here: www.dtha.com

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

The average compensation at Delaware Thoroughbred Horsemen's Association during 2022 was $19,662. There are 10 employees and 10 volunteers at Delaware Thoroughbred Horsemen's Association.


Here are 12 key members and their salaries:


Tim Ritchey (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Esposito (1St Vice President / Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Brown (2Nd Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Ritchey (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Allard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Beaver (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Contessa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margo Flynn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie Ness (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Pecoraro (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Peck (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bessie Gruwell (Executive Director)
  • Compensation: $109,840
  • Related: $0
  • Other: $0


Official website here: www.dtha.com

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

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


Official website here: www.dtha.com

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

Mission Statement of Delaware Thoroughbred Horsemen's Association

The Delaware Thoroughbred Horsemen's Association, a non-profit organization, is committed to enhancing the sport of thoroughbred horse racing. Their mission is centered around improving the racing scene in Delaware, demonstrating their dedication to the equine community and the thrilling world of horse racing. This association aims to contribute positively to the racing scene, fostering an environment that is conducive to the growth and success of thoroughbred racing in the state.

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Impact




October, 2024

The Delaware Thoroughbred Horsemen's Association plays a vital role in promoting and enhancing thoroughbred horse racing in Delaware. By focusing on the improvement of racing standards and practices, the association fosters a vibrant horse racing community that benefits both participants and fans. Its initiatives contribute to the economic growth of the region, drawing visitors and equine enthusiasts to races and related events, thereby creating job opportunities and supporting local businesses. The association also advocates for the interests of horse owners, trainers, and jockeys, ensuring that the sport thrives in a competitive environment. Through community engagement and educational programs, it cultivates a deeper appreciation for thoroughbred racing, strengthening its cultural significance in Delaware.




This information is meant to be a general summary of Delaware Thoroughbred Horsemen's Association. 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
$2,461,936 (2022)
Expenses
$3,185,880 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $14,414
  • Program Service Revenue: $447,522
  • Gross Receipts: $2,461,936

Assets and Liabilities:

  • Total Assets: $1,178,451
  • Total Liabilities: $78,778
  • Net Assets: $1,099,673

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Programs

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

COMMISSIONS

Revenue

$357,602

THOROUGHBRED PURSE PRO

Revenue

$89,920

Organization Details

Founding Year

1987

Principal Officer

Mark Esposito

Main Address

777 DELAWARE PARK BLVD, WILMINGTON, DE, 19804

NTEE Category

Code: S41 - Community improvement

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