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Lphsa Inc

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

EIN: 825074078 ✦ Lake placid, NY ✦ Designated as a 501(c)(3)

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Overview

What is Lphsa Inc?

Lphsa Inc, based in Lake Placid, New York, serves as a charitable and educational organization primarily focused on animal welfare and amateur sports competitions. Each summer, they organize and manage two horse jumping competitions, generating funds for their mission activities. The corporation's mission is to prevent animal cruelty and promote sports events at both the national and international levels, demonstrating a commitment to both animal welfare and competitive sporting events. With a total workforce of 27 individuals, Lphsa Inc is dedicated to making a positive impact in these areas.


Official website here: www.lakeplacidhorseshow.com

Is Lphsa Inc legitimate?

Lphsa Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lphsa 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: $76,368
Professional Fundraising Fees: $0
Other Salaries and Wages: $80,114

For more financial information, click here


Official website here: www.lakeplacidhorseshow.com

What is the mission statement of Lphsa Inc?

Lphsa Inc is an organization with a charitable and educational purpose, primarily focused on preventing animal cruelty and promoting amateur sports competitions. They organize and operate two horse show competitions each summer, utilizing the funds generated from these events to support their mission activities. The corporation's mission is to operate exclusively for the betterment of animals and the fostering of national and international sports competitions, showcasing the spirit of amateur athleticism.


Official website here: www.lakeplacidhorseshow.com

Who is the CEO of Lphsa Inc?

Philip Richter is the Executive Dir. of Lphsa Inc.


Official website here: www.lakeplacidhorseshow.com

What is the revenue of Lphsa Inc?

Lphsa Inc's revenue in 2022 was $2,224,218.


Official website here: www.lakeplacidhorseshow.com

Who are the executives of Lphsa Inc and what are their salaries?

The average compensation at Lphsa Inc during 2022 was $5,796. There are 27 employees at Lphsa Inc.


Here are 26 key members and their salaries:


Lori Martin (Executive Dir.)
  • Compensation: $79,590
  • Related: $0
  • Other: $0
Philip Richter (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Louis M Jacobs (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Sweeney (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Hooker (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Boyd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debbie Burrows (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacy Cascio (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diana K Feldman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chloe Field (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lori Fitzgerald (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Galvin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Gierkink (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Hughes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy Jacobs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cathy Johnston (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eliza Lehrman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Lippert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Mckenna (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Collin Mcneil (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carole Saunders (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Schechter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sara Stretton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christian Currey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brianne Goutal-Marteau (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mclain Ward (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lakeplacidhorseshow.com

Where can I find the form 990 for Lphsa Inc?

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


Official website here: www.lakeplacidhorseshow.com

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

Mission Statement of Lphsa Inc

Lphsa Inc, a charitable and educational organization, is dedicated to two primary objectives. Firstly, it aims to prevent cruelty towards animals. Secondly, it fosters amateur sports competitions on a national and international level. The corporation operates solely for these purposes and each summer, it hosts two-week-long horse jumping competitions. These events serve a dual purpose: they provide an engaging spectacle while also generating funds for the organization's mission activities.

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Impact




July, 2024

Lphsa Inc's impact lies in organizing and operating two horse show competitions each summer in Lake Placid, NY. These week-long horse jumping competitions serve as a means to generate funding for their mission activities. The organization is dedicated to charitable and educational purposes focused on preventing cruelty to animals and fostering national and international amateur sports competition. By blending recreation with philanthropy, Lphsa Inc's efforts contribute to the betterment of animal welfare and the promotion of sporting events in the community and beyond.




This information is meant to be a general summary of Lphsa 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
$2,224,218 (2022)
Expenses
$2,568,621 (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: $2,120,866
  • Gross Receipts: $2,235,363

Assets and Liabilities:

  • Total Assets: $506,275
  • Total Liabilities: $175,278
  • Net Assets: $330,997

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Programs

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

HORSE SHOW

Revenue

$1,868,011

SPONSORSHIPS

Revenue

$252,855

Organization Details

Founding Year

2018

Principal Officer

Philip Richter

Main Address

5514 CASCADE ROAD, LAKE PLACID, NY, 12946

NTEE Category

Code: N69 - Recreation

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