Overview
What is Cecil County Breeders Fair Inc?
Cecil County Breeders Fair Inc is a nonprofit organization situated in Elkton, Maryland. Originally, its purpose was to support Fair Hill State Park by raising funds through horse racing events, including the Fair Hill Races. However, due to the COVID-19 pandemic and racetrack refurbishment, these events were postponed in 2020, 2021, and 2022. Following a legislative change in 2019, the organization's mission has shifted, now adhering to the Fair Hill Foundation's exempt mission of maintaining, preserving, and enhancing the property at Fair Hill Natural Resources Management Area in Cecil County, Maryland. The organization achieves this mission through fundraising activities involving horse racing at Fair Hill, with profits now benefiting the State of Maryland's Department of Natural Resources' property at Fair Hill. The mission of the Cecil County Breeders Fair Inc. is to promote, protect, and improve steeplechase racing, founded by William Dupont, and conducted at Fair Hill, Maryland.
Is Cecil County Breeders Fair Inc legitimate?
Cecil County Breeders Fair Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Cecil County Breeders Fair 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.
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What is the mission statement of Cecil County Breeders Fair Inc?
The mission of Cecil County Breeders Fair Inc has shifted, now being governed by the Fair Hill Foundation, a 501(c)(3) entity. Adhering to the Fair Hill Foundation's exempt mission, the organization supports the maintenance, preservation, and enhancement of a property in Maryland. This is achieved through fundraising activities, primarily horse racing events. Previously, profits from horse racing were required to benefit a certain hospital, but following House Bill 80 enactment in October 2019, the profits now benefit the Maryland Department of Natural Resources' property at Fair Hill. The organization's primary mission is to advance, protect, and improve the tradition of steeplechase racing, founded by William Dupont, and to support the preservation and enhancement of the property where these races are conducted. Due to COVID-19 and racetrack refurbishment, racing events were postponed in 2020, 2021, and 2022. Grant funds are currently held for future racing events.
Who is the CEO of Cecil County Breeders Fair Inc?
Charles C Fenwick Jr is the President of Cecil County Breeders Fair Inc.
What is the revenue of Cecil County Breeders Fair Inc?
Cecil County Breeders Fair Inc's revenue in 2022 was $100,000.
Who are the executives of Cecil County Breeders Fair Inc and what are their salaries?
Here are 13 key members and their salaries:
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Where can I find the form 990 for Cecil County Breeders Fair Inc?
Cecil County Breeders Fair Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cecil County Breeders Fair Inc
Cecil County Breeders Fair, formerly an independent organization, has now aligned its mission with the Fair Hill Foundation, a 501(C)(3) entity. The revised mission now focuses on supporting the state of Maryland in maintaining, preserving, and enhancing the property located at the Fair Hill Natural Resources Management Area in Cecil County. The organization achieves this by organizing horse racing events, with the profits from these events now benefiting the Maryland Department of Natural Resources' property at Fair Hill.
Previously, the mission of Cecil County Breeders Fair was to promote, protect, and improve the tradition of steeplechase racing, which was founded by William Dupont and held at Fair Hill, MD. The organization's primary objective was to contribute to the protection, enhancement, and preservation of Fair Hill State Park. This was achieved through fundraising activities, primarily the running of the Fair Hill races. Unfortunately, racing events had to be postponed during 2020, 2021, and 2022 due to the COVID-19 pandemic and racetrack refurbishment. Grant funds are currently held for future racing events.
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Impact
October, 2024
Cecil County Breeders Fair Inc significantly influences the local community and the broader state of Maryland through its dedication to the preservation and enhancement of the Fair Hill Natural Resources Management Area. By organizing fundraising activities centered around horse racing, the organization supports critical maintenance efforts for this valuable natural resource, which is integral to community recreation and environmental stewardship.
The events hosted by the Cecil County Breeders Fair contribute to the local economy by drawing visitors and participants, fostering community engagement, and creating opportunities for local businesses. This revitalization of interest in steeplechase racing serves to honor a longstanding tradition while ensuring that the Fair Hill area remains a vibrant hub for outdoor activities and natural conservation.
With the change in mission direction, the organization is now aligned fully with the Fair Hill Foundation's objectives, promoting sustainable practices and encouraging broader participation in the stewardship of natural resources. The repeal of previous profit allocation legislation now allows proceeds from the horse races to directly benefit the Maryland Department of Natural Resources, furthering ecological efforts that ensure the long-term health and accessibility of Fair Hill State Park for future generations.
Overall, Cecil County Breeders Fair Inc plays a crucial role in balancing the enjoyment of recreational activities with the responsibility of environmental preservation, making a lasting impact on both the local community and the state's natural landscapes.
This information is meant to be a general summary of Cecil County Breeders Fair 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.
- Gross Receipts: $100,000
Assets and Liabilities:
- Total Assets: $305,294
- Total Liabilities: $0
- Net Assets: $305,294
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Organization Details
Founding Year
1939
Phone
(443) 350-5781Principal Officer
Charles C Fenwick Jr
Main Address
402 FAIRHILL DRIVE, ELKTON, MD, 21921
NTEE Category
Code: N52 - Recreation
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