Mid-Atlantic Thoroughbred Championships Inc

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

EIN: 824449904 ✦ Owings mills, MD ✦ Designated as a 501(c)(6)

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Overview

What is Mid-Atlantic Thoroughbred Championships Inc?

Mid-Atlantic Thoroughbred Championships Inc is a nonprofit organization situated in Owings Mills, Maryland. Its primary mission is to foster unity and advance the shared interests of thoroughbred racetracks, horsemen, and breeders in the Mid-Atlantic region of the United States. To accomplish this, the organization conducts a championship racing series. This series not only improves business conditions for its members but also serves as a platform to represent their common interests effectively. The organization's activities are geared towards promoting and enhancing the racing industry in the Mid-Atlantic region.


Official website here: www.matchseries.com

Is Mid-Atlantic Thoroughbred Championships Inc legitimate?

Mid-Atlantic Thoroughbred Championships Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Mid-Atlantic Thoroughbred Championships 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: $0

For more financial information, click here


Official website here: www.matchseries.com

What is the mission statement of Mid-Atlantic Thoroughbred Championships Inc?

Mid-Atlantic Thoroughbred Championships Inc serves to unite the interests of thoroughbred racetracks, horsemen, and breeders in the Mid-Atlantic region of the United States. Their primary goal is to enhance business conditions within this community by organizing a championship racing series. By doing so, they aim to foster a sense of camaraderie and collective progress within the thoroughbred racing industry in this particular region. The series is designed to promote competitiveness and boost the overall standing of the involved parties.


Official website here: www.matchseries.com

Who is the CEO of Mid-Atlantic Thoroughbred Championships Inc?

Alan Foreman is the President of Mid-Atlantic Thoroughbred Championships Inc.


Official website here: www.matchseries.com

What is the revenue of Mid-Atlantic Thoroughbred Championships Inc?

Mid-Atlantic Thoroughbred Championships Inc's revenue in 2022 was $507,268.


Official website here: www.matchseries.com

Who are the executives of Mid-Atlantic Thoroughbred Championships Inc and what are their salaries?

There 9 volunteers at Mid-Atlantic Thoroughbred Championships Inc.


Here are 9 key members and their salaries:


Bessie Gruwell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Heims (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Johnston (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Matty (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Mosteller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Osojnak (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Richardson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Foreman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rosemary Lishia (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.matchseries.com

Where can I find the form 990 for Mid-Atlantic Thoroughbred Championships Inc?

Mid-Atlantic Thoroughbred Championships Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.matchseries.com

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

Mission Statement of Mid-Atlantic Thoroughbred Championships Inc

Mid-Atlantic Thoroughbred Championships Inc is an organization dedicated to fostering unity and bettering business conditions among thoroughbred racetracks, horsemen, and breeders in the Mid-Atlantic region of the United States. The primary objective of this nonprofit is to organize and conduct a championship racing series, serving as a platform to promote common interests and foster a sense of collaboration within the thoroughbred racing community in this specific region. By doing so, Mid-Atlantic Thoroughbred Championships Inc aims to enhance the overall experience and contribute to the growth and development of the thoroughbred racing industry in the Mid-Atlantic region.

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Impact




October, 2024

Mid-Atlantic Thoroughbred Championships Inc significantly impacts the horse racing industry in the Mid-Atlantic region by fostering collaboration among racetracks, horsemen, and breeders. Through its championship racing series, the organization enhances visibility and competitiveness of regional racing, which helps to attract more participants and audiences. This initiative not only improves business conditions within the industry but also promotes the common interests of all stakeholders involved. By creating a structured and prestigious platform for thoroughbred racing, it helps to elevate the profile of the sport, encouraging investment and growth in the local equine economy. Overall, the organization serves as a vital catalyst for development and sustainability in the Mid-Atlantic thoroughbred racing scene.




This information is meant to be a general summary of Mid-Atlantic Thoroughbred Championships 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
$507,268 (2022)
Expenses
$490,964 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $507,268
  • Gross Receipts: $507,268

Assets and Liabilities:

  • Total Assets: $63,781
  • Total Liabilities: $0
  • Net Assets: $63,781

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Programs

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

BONUS MONEY INCOME

Revenue

$405,000

SPONSORSHIP-ADMIN

Revenue

$102,268

Organization Details

Founding Year

2018

Principal Officer

Alan Foreman

Main Address

500 REDLAND COURT SUITE 105, OWINGS MILLS, MD, 21117

NTEE Category

Code: N60 - Recreation

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