Overview
What is The Thoroughbred Club Of America Inc?
The Thoroughbred Club of America Inc, located in Lexington, Kentucky, serves as a platform for fostering better business relationships within the thoroughbred industry. With a mission to encourage cooperation and promote knowledge exchange, the club provides a forum for discussions on breeding, racing, and marketing of thoroughbred horses. Situated at 3555 Rice Road, the organization hosts events at Keeneland, offering restaurant services to its members. The club's primary focus is to enhance business conditions within the industry and gather relevant information to disseminate among those with a shared interest. With a team of 37 dedicated individuals, the Thoroughbred Club of America Inc actively works towards these objectives.
Official website here: www.thethroroughbredclub.com
Is The Thoroughbred Club Of America Inc legitimate?
The Thoroughbred Club Of America Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. The Thoroughbred Club Of America 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: $164,346
Professional Fundraising Fees: $0
Other Salaries and Wages: $483,819
For more financial information, click here
Official website here: www.thethroroughbredclub.com
What is the mission statement of The Thoroughbred Club Of America Inc?
The Thoroughbred Club of America Inc's mission is centered around fostering better business relations within the thoroughbred industry. They strive to provide a platform for discussing ideas, methods, and information related to breeding, racing, and marketing of thoroughbred horses. The club encourages public interest in these areas and aims to disseminate relevant knowledge and information. Furthermore, they endeavor to promote better business conditions within the industry by undertaking appropriate and legal measures.
Official website here: www.thethroroughbredclub.com
What is the revenue of The Thoroughbred Club Of America Inc?
The Thoroughbred Club Of America Inc's revenue in 2024 was $2,840,501.
Official website here: www.thethroroughbredclub.com
Who are the executives of The Thoroughbred Club Of America Inc and what are their salaries?
The average compensation at The Thoroughbred Club Of America Inc during 2024 was $14,091. There are 46 employees at The Thoroughbred Club Of America Inc.
Here are 13 key members and their salaries:
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Official website here: www.thethroroughbredclub.com
Where can I find the form 990 for The Thoroughbred Club Of America Inc?
The Thoroughbred Club Of America Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.thethroroughbredclub.com
Learn more at the official website: www.thethroroughbredclub.com
Mission Statement of The Thoroughbred Club Of America Inc
The Thoroughbred Club of America Inc, a renowned organization, is dedicated to promoting, fostering, and encouraging better business relationships within the thoroughbred industry. Its primary objective is to provide a platform for the exchange of ideas, methods, and information related to breeding, racing, and marketing of thoroughbred horses. The club aims to gather and disseminate relevant knowledge and information that could be of interest and value to individuals with a shared interest in the thoroughbred horse industry. Additionally, The Thoroughbred Club of America Inc strives to improve business conditions in the industry in a lawful and proper manner.
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Impact
October, 2024
The Thoroughbred Club of America Inc plays a vital role in enhancing the thoroughbred industry by fostering cooperation and promoting better business relations among its members. Located in Lexington, KY, the club serves as a central hub for professionals in the breeding, racing, and marketing of thoroughbred horses. By providing a platform for discussion and the exchange of ideas, the club encourages innovation and growth within the industry.
Through its restaurant services, the club creates a welcoming environment for members attending various thoroughbred events at Keeneland, enhancing the overall experience and community engagement. Additionally, it actively gathers and disseminates valuable knowledge about breeding, raising, and racing thoroughbreds, ensuring that members and interested individuals have access to essential information that can influence their success in the industry.
Overall, the Thoroughbred Club of America Inc significantly contributes to the development and sustainability of the thoroughbred community, fostering a culture of collaboration that benefits not only its members but also the broader industry.
This information is meant to be a general summary of The Thoroughbred Club Of America 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 2024.
- Investment Income: $33,975
- Program Service Revenue: $2,788,826
- Gross Receipts: $2,840,501
Assets and Liabilities:
- Total Assets: $3,051,433
- Total Liabilities: $1,095,993
- Net Assets: $1,955,440
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CLUB RESTAURANT
Revenue
$1,543,756
Membership Dues & Assessments
Revenue
$1,133,310
SPECIAL EVENTS
Revenue
$111,760
Organization Details
Founding Year
1932
Principal Officer
Charles H Boden
Website
www.thethroroughbredclub.comNTEE Category
Code: S41 - Community improvement
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