Texas Greyhound Association Inc

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

EIN: 752254010 ✦ Lorena, TX ✦ Designated as a 501(c)(6)

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Overview

What is Texas Greyhound Association Inc?

The Texas Greyhound Association Inc, a nonprofit entity, plays a significant role in advocating for the Texas Greyhound industry. Situated within this state, the association represents various stakeholders, including kennel owners, breeders, and Greyhound race owners. Their primary mission is to engage in all matters pertaining to the regulation of parimutuel Greyhound racing. In addition to this, the organization serves as an administrator for breakage amounts received from the Texas racing commission. The Texas Greyhound Association's purpose is to promote and support the overall growth and prosperity of the Greyhound racing industry within the state.


Official website here: www.tgagreyhounds.com

Is Texas Greyhound Association Inc legitimate?

Texas Greyhound Association Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Texas Greyhound 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: $44,536

For more financial information, click here


Official website here: www.tgagreyhounds.com

What is the mission statement of Texas Greyhound Association Inc?

The Texas Greyhound Association, in its mission, works towards promoting the Greyhound racing industry. It accomplishes this by serving as a representative for kennel owners, breeders, and owners, advocating for their interests in regards to the regulation of parimutuel Greyhound racing. Furthermore, the organization is responsible for managing and distributing breakage amounts obtained from the Texas Racing Commission.


Official website here: www.tgagreyhounds.com

Who is the CEO of Texas Greyhound Association Inc?

Nick James is the Executive Director of Texas Greyhound Association Inc.


Official website here: www.tgagreyhounds.com

What is the revenue of Texas Greyhound Association Inc?

Texas Greyhound Association Inc's revenue in 2022 was $218,833.


Official website here: www.tgagreyhounds.com

Who are the executives of Texas Greyhound Association Inc and what are their salaries?

The average compensation at Texas Greyhound Association Inc during 2022 was $22,268. There are 2 employees at Texas Greyhound Association Inc.


Here are 8 key members and their salaries:


Nick James (Executive Director)
  • Compensation: $24,000
  • Related: $0
  • Other: $1,837
Billy Galbreath (President)
  • Compensation: $0
  • Related: $0
  • Other: $1,921
James Parker (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $196
Sheryl Watt (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $200
Raimondo Campana (Director)
  • Compensation: $0
  • Related: $0
  • Other: $119
Peter Limmer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $830
Kenneth Turner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $1,509
Paul Watt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $1,799


Official website here: www.tgagreyhounds.com

Where can I find the form 990 for Texas Greyhound Association Inc?

Texas Greyhound Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.tgagreyhounds.com

Learn more at the official website: www.tgagreyhounds.com

Mission Statement of Texas Greyhound Association Inc

The Texas Greyhound Association, a prominent organization, is dedicated to championing the Texas Greyhound industry. In this role, it represents the interests of kennel owners, breeders, and individual Greyhound owners in relation to the regulation of parimutuel Greyhound racing. Beyond representation, the association also manages breakage amounts that are distributed by the Texas racing commission. This organization's mission is to ensure a thriving Greyhound racing industry in the state of Texas, while advocating for the needs and concerns of those directly involved in the field.

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Impact




October, 2024

The Texas Greyhound Association Inc plays a pivotal role in promoting and supporting the Texas Greyhound industry. By advocating for kennel owners, breeders, and owners, the organization ensures that their interests are represented in the regulatory landscape of parimutuel Greyhound racing. This representation is vital for maintaining the operational integrity and sustainability of the industry.

Through its efforts, the association facilitates communication between stakeholders and regulatory bodies, helping to navigate the complexities of racing regulations. Additionally, the administration of breakage amounts from the Texas Racing Commission enhances financial transparency and supports the economic aspects of the industry. Overall, the Texas Greyhound Association contributes significantly to the vitality and regulation of Greyhound racing in Texas, fostering a stable environment for all participants involved.




This information is meant to be a general summary of Texas Greyhound 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.

Revenue
$218,833 (2022)
Expenses
$318,993 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $4,405
  • Program Service Revenue: $214,428
  • Gross Receipts: $218,833

Assets and Liabilities:

  • Total Assets: $4,422,835
  • Total Liabilities: $3,530,193
  • Net Assets: $892,642

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CROSS-SPECIES ADMINISTRATION

Revenue

$213,372

REIMBURSEMENTS

Revenue

$1,056

Organization Details

Founding Year

1985

Principal Officer

Nick James

Main Address

PO BOX 40, LORENA, TX, 76655

NTEE Category

Code: N60 - Recreation

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