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Fair Grounds Racing Club Inc

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

EIN: 814652508 ✦ New orleans, LA ✦ Designated as a 501(c)(7)

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Overview

What is Fair Grounds Racing Club Inc?

Fair Grounds Racing Club Inc is a nonprofit organization that caters to enthusiasts of thoroughbred horse racing. Established for enjoyment and leisure, members contribute through annual dues. The club's primary objective is to educate members about horse ownership and training, providing a hands-on experience by involving them in the selection, purchasing, and training process as a collective team.


Official website here: www.fairgroundsracecourse.com/racing

Is Fair Grounds Racing Club Inc legitimate?

Fair Grounds Racing Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Fair Grounds Racing Club Inc submitted a form 990EZ, 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.


Official website here: www.fairgroundsracecourse.com/racing

What is the mission statement of Fair Grounds Racing Club Inc?

Fair Grounds Racing Club Inc, as a social club, is primarily established for the purpose of fostering pleasure, recreation, and enjoyment amongst its members. The club is supported financially through annual membership dues. Members share a common interest in the sport of thoroughbred horse racing and gain hands-on experience in thoroughbred horse ownership and training by working together as a team. They participate in the process of horse selection, purchase, and training, which adds to the club's overall mission.


Official website here: www.fairgroundsracecourse.com/racing

Who is the CEO of Fair Grounds Racing Club Inc?

Unavailable


Official website here: www.fairgroundsracecourse.com/racing

What is the revenue of Fair Grounds Racing Club Inc?

Fair Grounds Racing Club Inc's revenue in 2021 was $0.


Official website here: www.fairgroundsracecourse.com/racing

Who are the executives of Fair Grounds Racing Club Inc and what are their salaries?


Here are 3 key members and their salaries:


Carey Loshbaugh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Ziegler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Palmisano (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.fairgroundsracecourse.com/racing

Where can I find the form 990EZ for Fair Grounds Racing Club Inc?

Fair Grounds Racing Club Inc's most recent form 990EZ was submitted in 2021 and can be accessed here.


Official website here: www.fairgroundsracecourse.com/racing

Learn more at the official website: www.fairgroundsracecourse.com/racing

Mission Statement of Fair Grounds Racing Club Inc

Fair Grounds Racing Club Inc, a social organization, is primarily established for the purpose of delight and relaxation, with its members united by a shared passion for thoroughbred horse racing. The club's mission is to provide its members with an educational and engaging experience in the realm of thoroughbred horse ownership and training. This is achieved by involving members in various aspects of the process, including the selection, acquisition, and training of horses as a collective team.

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Impact




October, 2024

Fair Grounds Racing Club Inc fosters a vibrant community built around the enjoyment of thoroughbred horse racing. Members engage in a shared passion for the sport, gaining hands-on experience in horse ownership and training. This collaborative approach not only enhances members’ understanding of the equine industry but also cultivates friendships and camaraderie among racing enthusiasts.

By participating in horse selection, purchase, and training, club members are able to immerse themselves in the intricacies of racing, expanding their knowledge and appreciation for this thrilling sport. The club also contributes to the local culture in New Orleans, providing a unique recreational outlet that promotes social interaction and teamwork. Through its activities, Fair Grounds Racing Club Inc not only celebrates thoroughbred racing but also strengthens community bonds and offers memorable experiences centered around a shared love for horses.




This information is meant to be a general summary of Fair Grounds Racing Club 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
$0 (2021)
Expenses
$0 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

    Assets and Liabilities:

    • Total Assets: $5,526
    • Total Liabilities: $0
    • Net Assets: $5,526

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    Organization Details

    Main Address

    1751 GENTILLY BOULEVARD, NEW ORLEANS, LA, 70119

    NTEE Category

    Code: N52 - Recreation

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