Kentucky Harness Association Inc

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

EIN: 843748324 ✦ Lexington, KY ✦ Designated as a 501(c)(6)

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Overview

What is Kentucky Harness Association Inc?

Kentucky Harness Association Inc, based in Lexington, Kentucky, is a nonprofit organization dedicated to fostering growth and unity within the harness racing industry. Their mission encompasses promoting, supporting, and facilitating industry development in Kentucky, while encouraging collaboration among racetracks, owners, breeders, trainers, drivers, fans, and other participants. By encouraging cooperative efforts, the Association aims to enhance the overall well-being of the harness racing sector.


Official website here: www.kyharness.com

Is Kentucky Harness Association Inc legitimate?

Kentucky Harness Association Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Kentucky Harness Association 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.kyharness.com

What is the mission statement of Kentucky Harness Association Inc?

The Kentucky Harness Association exists with the primary objective of fostering growth and development in the harness racing industry. This is achieved by promoting collaborative efforts among various industry players, including racetracks, owners, breeders, trainers, drivers, fans, and other participants. The association's aim is to benefit the industry as a whole by working together and supporting one another. The Kentucky Harness Association also plays a role in facilitating the growth of the industry, encouraging unity and cooperation among its members.


Official website here: www.kyharness.com

Who is the CEO of Kentucky Harness Association Inc?

Robert M Brady is the Director of Kentucky Harness Association Inc.


Official website here: www.kyharness.com

What is the revenue of Kentucky Harness Association Inc?

Kentucky Harness Association Inc's revenue in 2022 was $312,500.


Official website here: www.kyharness.com

Who are the executives of Kentucky Harness Association Inc and what are their salaries?


Here are 5 key members and their salaries:


Gibson Wilhite (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karl R Pinske (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward A Receski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anette K Lorentzon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert M Brady (President/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.kyharness.com

Where can I find the form 990 for Kentucky Harness Association Inc?

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


Official website here: www.kyharness.com

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

Mission Statement of Kentucky Harness Association Inc

Kentucky Harness Association, a prominent organization in the harness racing industry, is committed to promoting, supporting, and facilitating growth within this sector in the state. The association seeks to encourage cooperative efforts among various industry participants, including racetracks, owners, breeders, trainers, drivers, fans, and other stakeholders, all with the aim of benefiting the industry as a whole. By fostering collaboration and unity, Kentucky Harness Association aims to contribute to the overall prosperity and development of the harness racing industry in the region.

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Impact




October, 2024

The Kentucky Harness Association Inc significantly impacts the harness racing industry in Kentucky by fostering collaboration among various stakeholders, including racetracks, owners, breeders, trainers, drivers, and fans. Through its initiatives, the association promotes and supports the growth of harness racing, enhancing the overall quality of the sport.

By encouraging cooperative efforts within the industry, the Kentucky Harness Association helps create a thriving community that benefits all participants. This collaborative approach not only boosts the visibility and attractiveness of harness racing in Kentucky but also cultivates a supportive environment for emerging talent and innovation within the sector.

Moreover, the association plays a crucial role in advocating for the industry, ensuring that the interests of its members are represented and that harness racing continues to flourish. This holistic focus on growth and community improvement contributes to the long-term sustainability and prosperity of harness racing in the region.




This information is meant to be a general summary of Kentucky Harness 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
$312,500 (2022)
Expenses
$125,545 (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: $312,500
  • Gross Receipts: $312,500

Assets and Liabilities:

  • Total Assets: $459,947
  • Total Liabilities: $0
  • Net Assets: $459,947

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Programs

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

ADMINISTRATIVE DUES

Revenue

$312,500

Organization Details

Founding Year

2020

Principal Officer

Robert M Brady

Main Address

PO BOX 11743, LEXINGTON, KY, 40577

NTEE Category

Code: S41 - Community improvement

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