Overview
What is California Retirement Management Account?
The California Retirement Management Account (CARMA) is a nonprofit organization that grants funds to support the care and rehabilitation of racehorses whose careers have come to an end. Based in Arcadia, California, CARMA assists in finding homes for these horses by providing grants to permanent sanctuaries and therapeutic riding programs. These organizations play a crucial role in horse adoptions, ensuring that thoroughbreds receive proper care and can transition into new roles, such as companions or therapy animals.
Official website here: www.carma4horses.org
Is California Retirement Management Account legitimate?
California Retirement Management Account is a legitimate nonprofit organization registered as a 501(c)(3) entity. California Retirement Management Account 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: $92,084
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of California Retirement Management Account?
The California Retirement Management Account (CARMA) supports the well-being of retired thoroughbred racehorses by granting funds to retirement facilities. These facilities provide care and retraining for racehorses whose careers have come to an end. The non-profits given these grants help find homes for the horses and facilitate their safe retirement. The grants are allocated to permanent sanctuaries and therapeutic riding programs, which in turn, contribute to horse adoptions. Through these initiatives, CARMA enables retired racehorses to live out their days in comfort and begin new chapters in their lives.
Official website here: www.carma4horses.org
Who is the CEO of California Retirement Management Account?
Lucinda Lovitt is the Director of California Retirement Management Account.
Official website here: www.carma4horses.org
What is the revenue of California Retirement Management Account?
California Retirement Management Account's revenue in 2022 was $1,190,277.
Official website here: www.carma4horses.org
Who are the executives of California Retirement Management Account and what are their salaries?
The average compensation at California Retirement Management Account during 2022 was $92,084. There are 1 employees and 50 volunteers at California Retirement Management Account.
Here are 10 key members and their salaries:
- Drew Couto (Director)
- Ron Charles (Director)
- Dr Jeff Blea (Director)
- Christy Chapman (Director)
- Bing Bush Jr (Director)
- Madeline Auerbach (Treasurer (Oct 22 Forward))
- Howard Zucker (Treasurer (Until Oct 22))
- Billy Koch (President (Sept 22 Forward))
- Candace Coder-Chew (President (Until Sept 22))
- Samantha Siegel (Secretary)
Official website here: www.carma4horses.org
Where can I find the form 990 for California Retirement Management Account?
The California Retirement Management Account’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.carma4horses.org
Learn more at the official website: www.carma4horses.org
Mission Statement of California Retirement Management Account
The California Retirement Management Account (CARMA) supports thoroughbred retirement facilities by granting funds to ensure the care and retraining of racehorses whose careers have come to an end. By providing financial assistance to these non-profits, CARMA facilitates the finding of new homes for horses from their placement program and enables thoroughbred owners to retire their racehorses safely.
CARMA's grants not only benefit the horses, but also contribute to the well-being of permanent sanctuaries and therapeutic riding programs. These organizations play a crucial role in the adoption process, providing a safe and nurturing environment for retired racehorses. CARMA's grants enable these facilities to continue their essential work, ensuring that racehorses can live out their lives in comfort and dignity once they have left the racetrack.
The non-profit organizations that receive CARMA's grants are dedicated to the rehabilitation and rehoming of retired racehorses. They provide these horses with essential care, including nutritious food, veterinary attention, and training programs that help prepare them for adoption. CARMA's support also extends to therapeutic riding programs, where horses are used to improve the physical, emotional, and cognitive well-being of individuals with disabilities. Through these programs, retired racehorses not only find new homes but also contribute to the community by providing therapeutic benefits to those in need.
Impact
This information is meant to be a general summary of California Retirement Management Account. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The California Retirement Management Account (CARMA) positively impacts the welfare of retired racehorses by granting funds to Thoroughbred retirement facilities. These grants support the care and retraining of horses whose racing careers have ended, ensuring they receive proper care and the opportunity for a fulfilling retirement. By providing financial assistance to nonprofit organizations working towards finding homes for retired racehorses and supporting adoption efforts, CARMA plays a crucial role in promoting the well-being of these majestic animals.
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.
HORSE SHOWS
Revenue
$37,757
Organization Details
Founding Year
2007
Phone
(626) 574-6622
Principal Officer
Lucinda Lovitt
Main Address
285 WEST HUNTINGTON DRIVE, ARCADIA, CA, 91007
Website
www.carma4horses.org
NTEE Category
Code: D20 - Animals
If you are a representative of California Retirement Management Account and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.