Colorado Horse Racing Association Inc

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

EIN: 841165769 ✦ Loma, CO ✦ Designated as a 501(c)(6)

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Overview

What is Colorado Horse Racing Association Inc?

The Colorado Horse Racing Association Inc, situated in Loma, Colorado, is a nonprofit organization dedicated to enhancing the horse racing industry's business environment. By fostering relationships between breeders, owners, trainers, racing associations, racing commissions, and the public, they aim to promote a more comprehensive understanding of the sector. The association's primary objective is to highlight the significance of the horse racing industry to the state as a whole, which it achieves by disseminating relevant information.


Official website here: www.cohorseracing.com

Is Colorado Horse Racing Association Inc legitimate?

Colorado Horse Racing Association Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Colorado Horse Racing Association 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.cohorseracing.com

What is the mission statement of Colorado Horse Racing Association Inc?

The Colorado Horse Racing Association's mission is geared towards improving the business environment for the horse racing industry. It promotes a collaborative relationship among breeders, owners, trainers, racing associations, racing commissions, and the public. The association serves to provide information about the industry's significance and its impact on the state as a whole, with the aim of fostering understanding and support.


Official website here: www.cohorseracing.com

Who is the CEO of Colorado Horse Racing Association Inc?

James J Mulvihill is the Executive Director of Colorado Horse Racing Association Inc.


Official website here: www.cohorseracing.com

What is the revenue of Colorado Horse Racing Association Inc?

Colorado Horse Racing Association Inc's revenue in 2022 was $98,598.


Official website here: www.cohorseracing.com

Who are the executives of Colorado Horse Racing Association Inc and what are their salaries?


Here are 11 key members and their salaries:


James J Mulvihill (Executive Director)
  • Compensation: $60,000
  • Related: $0
  • Other: $0
Kim Oliver (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Schultz (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lawrence R Terrell (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Miguel Pena (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Howie Chavers (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Ring (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robin Smith (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacey Rushton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cimmaron Gerke (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Wood (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cohorseracing.com

Where can I find the form 990EZ for Colorado Horse Racing Association Inc?

Colorado Horse Racing Association Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.cohorseracing.com

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

Mission Statement of Colorado Horse Racing Association Inc

The Colorado Horse Racing Association, in its mission, works towards enhancing the business environment for the horse racing sector. It actively promotes a harmonious relationship between breeders, owners, trainers, racing associations, racing commissions, and the general public. This organization serves as a platform for disseminating information about the horse racing industry's significance to the state as a whole, aiming to foster a deeper understanding and appreciation for this industry.

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Impact




October, 2024

The Colorado Horse Racing Association Inc plays a significant role in enhancing the horse racing industry within the state. By fostering a collaborative environment among breeders, owners, trainers, racing associations, and regulatory bodies, it promotes a better business climate that benefits all stakeholders involved.

Through its efforts, the Association helps raise awareness of the horse racing industry's importance to Colorado's economy and culture, providing vital information that supports growth and development. Its initiatives encourage a more informed public and a stronger relationship between the industry and the community, ultimately contributing to the overall vitality of the horse racing sector in Colorado.




This information is meant to be a general summary of Colorado Horse Racing 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
$98,598 (2022)
Expenses
$151,975 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $176
  • Program Service Revenue: $98,422
  • Gross Receipts: $98,598

Assets and Liabilities:

  • Total Assets: $58,288
  • Total Liabilities: $2,193
  • Net Assets: $56,095

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Organization Details

Principal Officer

James J Mulvihill

Main Address

1643 14 12 ROAD, LOMA, CO, 81524

NTEE Category

Code: N60 - Recreation

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