Delaware Horsemen's Assistance Fund Inc

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

EIN: 516020165 ✦ Wilmington, DE ✦ Designated as a 501(c)(3)

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Overview

What is Delaware Horsemen's Assistance Fund Inc?

Delaware Horsemen's Assistance Fund Inc, based in Wilmington, Delaware, is a charitable organization that offers aid to financially struggling individuals associated with thoroughbred racing. This includes horsemen, trainers, exercise riders, grooms, hot walkers, and their families. The organization provides assistance in times of need, aiming to maintain the health and well-being of these workers. Their aid is distributed based on standardized applications, ensuring a fair and consistent process. The Delaware Horsemen's Assistance Fund, Inc. strives to support the entire racing industry by keeping its workforce healthy and financially stable.

Is Delaware Horsemen's Assistance Fund Inc legitimate?

Delaware Horsemen's Assistance Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Delaware Horsemen's Assistance Fund 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: $0

For more financial information, click here

What is the mission statement of Delaware Horsemen's Assistance Fund Inc?

The Delaware Horsemen's Assistance Fund Inc, as an organization, is committed to providing aid and assistance to individuals associated with thoroughbred racing who are in need. This includes horsemen, trainers, exercise riders, grooms, hot walkers, and their family members. The fund's mission is to keep these essential workers healthy, benefiting everyone involved in the racing industry, including the thoroughbreds themselves. They achieve this by offering benefits and relief during challenging times, based on standardized written applications. The aim is to ensure that those who contribute to the thoroughbred racing industry are supported when they face financial hardships.

Who is the CEO of Delaware Horsemen's Assistance Fund Inc?

Claudia De Marco is the President of Delaware Horsemen's Assistance Fund Inc.

What is the revenue of Delaware Horsemen's Assistance Fund Inc?

Delaware Horsemen's Assistance Fund Inc's revenue in 2022 was $242,281.

Who are the executives of Delaware Horsemen's Assistance Fund Inc and what are their salaries?


Here are 9 key members and their salaries:


James Connor Iii (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suzanne Moscarelli (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Ritchey (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Claudia De Marco (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Trapani (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Bertrando (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cathy Denelsbeck (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Warren (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Delucia (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Delaware Horsemen's Assistance Fund Inc?

Delaware Horsemen's Assistance Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Delaware Horsemen's Assistance Fund Inc

Delaware Horsemen's Assistance Fund Inc, a charitable organization, is dedicated to providing aid, benefits, assistance, and relief to individuals associated with thoroughbred racing. This includes horsemen, trainers, exercise riders, grooms, hot walkers, and their family members. The mission of this nonprofit is to keep these vital workers healthy, understanding that their well-being has a significant impact on the entire racing industry, including the thoroughbreds themselves. To achieve this goal, Delaware Horsemen's Assistance Fund Inc uses standardized written applications to identify and address the needs of those in times of financial hardship. The aim is to offer the necessary support, thereby ensuring the continuity and sustainability of the thoroughbred racing industry.

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Impact




October, 2024

Delaware Horsemen's Assistance Fund Inc significantly impacts the lives of individuals associated with thoroughbred racing by providing essential charitable aid to those in need. The organization directly addresses the challenges faced by horsemen, trainers, exercise riders, grooms, hot walkers, and their families, ensuring they have access to assistance during difficult times.

By evaluating needs through standardized written applications, the Fund offers tailored support that alleviates financial burdens and fosters stability for those who contribute to the racing community. This support not only benefits the workers directly but also enhances the overall health of the industry, creating a more sustainable environment for thoroughbred racing. The mission of Delaware Horsemen's Assistance Fund Inc strengthens the community by prioritizing the welfare of its members, ultimately benefiting all stakeholders involved in the racing ecosystem.




This information is meant to be a general summary of Delaware Horsemen's Assistance Fund 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
$242,281 (2022)
Expenses
$218,618 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $17,650
  • Gross Receipts: $271,312

Assets and Liabilities:

  • Total Assets: $621,860
  • Total Liabilities: $0
  • Net Assets: $621,860

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Organization Details

Founding Year

1966

Principal Officer

Claudia De Marco

Main Address

777 DELAWARE PARK BOULEVARD, WILMINGTON, DE, 19804

NTEE Category

Code: M20 - Public safety

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