Overview
What is Maryland Standardbred Horsemen's Assistance Fund Inc?
Maryland Standardbred Horsemen's Assistance Fund Inc is a charitable organization situated in Temple Hills, Maryland. Its primary objective is to provide aid and assistance to Standardbred horsemen and their families, utilizing funds collected from fines imposed by the Maryland Racing Commission. The Fund's mission is deeply rooted in supporting the wellbeing of Standardbred horsemen, offering a safety net during challenging times. With a small team of dedicated individuals, the organization strives to make a significant impact in the lives of those involved in the Standardbred horse racing community.
Is Maryland Standardbred Horsemen's Assistance Fund Inc legitimate?
Maryland Standardbred Horsemen's Assistance Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maryland Standardbred 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.
Here are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,000
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Mission Statement of Maryland Standardbred Horsemen's Assistance Fund Inc
The Maryland Standardbred Horsemen's Assistance Fund Inc is an organization that has a mission to utilize fines imposed by the Maryland Racing Commission for the charitable benefit and aid of Standardbred horsemen and their families. In simpler terms, this nonprofit uses financial penalties to offer assistance and support to Standardbred horse trainers and their families who may be facing difficulties. The primary goal of the Maryland Standardbred Horsemen's Assistance Fund Inc is to provide charitable aid and benefit to those involved in the Standardbred horse racing industry in Maryland.
Impact
This information is meant to be a general summary of Maryland Standardbred Horsemen's Assistance Fund Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Sunday, August 4, 2024
Maryland Standardbred Horsemen's Assistance Fund Inc provides critical support and assistance to standardbred horsemen and their families in Maryland. By utilizing funds derived from fines assessed by the Maryland Racing Commission, this organization offers charitable benefits and aid to those involved in the standardbred racing industry. Through their mission, they help improve the welfare and livelihoods of standardbred horsemen, ensuring they receive the necessary support during challenging times. Their impact is evident in the tangible assistance and resources they provide to the standardbred community, making a positive difference in the lives of individuals dedicated to this industry.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HORSEMEN FINES
Revenue
$15,000
Organization Details
Founding Year
2001
Phone
(301) 567-9636
Principal Officer
Sharon L Roberts
Main Address
PO BOX 1732, TEMPLE HILLS, MD, 20757
NTEE Category
Code: T20 - Philanthropy
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