Overview
What is Florida Horsemen's Benevolent And Protective Association Inc?
Florida Horsemen's Benevolent and Protective Association Inc is a nonprofit organization located in Hallandale Beach, Florida. Its primary mission is to advocate for and support several thousand thoroughbred horse owners and trainers who operate in South Florida. The association aims to foster and promote their relationships with tracks, community, and government, ultimately creating a more favorable economic environment for these horsemen to conduct business. With a workforce of 4 individuals, the Florida Horsemen's Benevolent and Protective Association Inc serves as a bridge between horse owners, trainers, and relevant stakeholders, working to improve the overall business climate for the thoroughbred horse industry in the region.
Is Florida Horsemen's Benevolent And Protective Association Inc legitimate?
Florida Horsemen's Benevolent And Protective Association Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Florida Horsemen's Benevolent And Protective Association 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: $273,914
For more financial information, click here
What is the mission statement of Florida Horsemen's Benevolent And Protective Association Inc?
The Florida Horsemen's Benevolent and Protective Association Inc serves as an advocacy group for thousands of thoroughbred horse owners and trainers operating in the southern region. Their primary objective is to foster and promote strong relationships with tracks, communities, and government entities, aiming to enhance the business environment for horsemen. By doing so, they strive to create a more favorable economic climate that allows their members to thrive in their professional endeavors.
What is the revenue of Florida Horsemen's Benevolent And Protective Association Inc?
Florida Horsemen's Benevolent And Protective Association Inc's revenue in 2023 was $1,354,424.
Who are the executives of Florida Horsemen's Benevolent And Protective Association Inc and what are their salaries?
The average compensation at Florida Horsemen's Benevolent And Protective Association Inc during 2023 was $91,305. There are 3 employees and 15 volunteers at Florida Horsemen's Benevolent And Protective Association Inc.
Here are 16 key members and their salaries:
- Compensation: $142,599
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- Other: $22,255
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Where can I find the form 990 for Florida Horsemen's Benevolent And Protective Association Inc?
Florida Horsemen's Benevolent And Protective Association Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Florida Horsemen's Benevolent And Protective Association Inc
Florida Horsemen's Benevolent and Protective Association Inc serves as a representative body for numerous thoroughbred horse owners and trainers operating in South Florida. Their primary mission is to foster and promote strong relationships between these horsemen, local tracks, the community, and government entities. By doing so, they aim to create a favorable economic environment that allows their members to thrive in their business pursuits.
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Impact
October, 2024
The Florida Horsemen's Benevolent and Protective Association Inc. has a significant impact on the thoroughbred horse racing industry in South Florida. By representing the interests of several thousand horse owners and trainers, it serves as a critical advocate for their needs and concerns. The Association actively fosters relationships with racetracks, governmental entities, and the broader community, ensuring that the voices of horsemen are heard in key discussions and decisions.
This engagement not only promotes a better understanding between stakeholders but also works towards creating a more favorable economic environment for those involved in the industry. By enhancing partnerships and advocating for beneficial policies, the Association contributes to the sustainability and growth of horse racing in the region. Ultimately, its efforts help cultivate a thriving community, benefiting both horsemen and the local economy.
This information is meant to be a general summary of Florida Horsemen's Benevolent And Protective Association 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 2023.
- Investment Income: $65,241
- Program Service Revenue: $1,506,114
- Gross Receipts: $1,572,282
Assets and Liabilities:
- Total Assets: $2,589,618
- Total Liabilities: $10,878
- Net Assets: $2,578,740
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PURSE COMMISSIONS
Revenue
$1,506,114
Organization Details
Founding Year
1989
Principal Officer
Joe Orseno
NTEE Category
Code: S41 - Community improvement
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