Overview
What is California Thoroughbred Trainers?
California Thoroughbred Trainers, abbreviated as CTT, is a nonprofit organization based in Arcadia, California. Its primary mission is to represent the interests of thoroughbred horse racing trainers and backstretch workers, ensuring fair representation in dealing with various racing entities and the public. CTT administers a pension fund, provides recreational activities, and operates on-premises convenience stores specifically for backstretch workers. The organization also offers educational programs for trainers, negotiates contracts, and monitors legislation affecting the horse racing industry. Furthermore, CTT represents the trainers' interests and rights in any industry-related organization and provides services and information to promote thoroughbred horse racing to the public. With a workforce of 23 individuals, California Thoroughbred Trainers strives to foster a healthy economic climate for the industry, improve living and working conditions for employees, and provide retirement benefits, if applicable.
Official website here: www.caltrainers.org
Is California Thoroughbred Trainers legitimate?
California Thoroughbred Trainers is a legitimate nonprofit organization registered as a 501(c)(6) entity. California Thoroughbred Trainers 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: $120,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $322,566
For more financial information, click here
Official website here: www.caltrainers.org
What is the mission statement of California Thoroughbred Trainers?
California Thoroughbred Trainers, as the state-authorized organization, strives to represent the interests of its member trainers in dealing with relevant entities in the horse racing industry. Its mission includes fostering a healthy economic climate for the thoroughbred horse racing industry and promoting public acceptance. The organization also works towards improving the living and working conditions for the employees of its members and, if applicable, providing retirement benefits. Furthermore, California Thoroughbred Trainers represents the interests and rights of its members in any industry-related matters with related organizations. Lastly, the organization educates its members and other industry segments on matters important to their interests.
Official website here: www.caltrainers.org
Who is the CEO of California Thoroughbred Trainers?
Alan Balch is the President of California Thoroughbred Trainers.
Official website here: www.caltrainers.org
What is the revenue of California Thoroughbred Trainers?
California Thoroughbred Trainers's revenue in 2022 was $2,658,176.
Official website here: www.caltrainers.org
Who are the executives of California Thoroughbred Trainers and what are their salaries?
The average compensation at California Thoroughbred Trainers during 2022 was $19,242. There are 23 employees and 9 volunteers at California Thoroughbred Trainers.
Here are 10 key members and their salaries:
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Official website here: www.caltrainers.org
Where can I find the form 990 for California Thoroughbred Trainers?
California Thoroughbred Trainers's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.caltrainers.org
Learn more at the official website: www.caltrainers.org
Mission Statement of California Thoroughbred Trainers
California Thoroughbred Trainers, or CTT, is an organization established to represent the interests of its member trainers in the California horse racing industry. Their mission is multifaceted, aimed at fostering a healthy economic climate and promoting a higher level of public acceptance for thoroughbred horse racing. They strive to improve living and working conditions for the employees of their members, and in some cases, provide retirement benefits.
In addition to these objectives, CTT works tirelessly to represent the interests and rights of its members in any matters related to the horse racing industry. They form and educate their members, as well as other segments of the industry, about issues that are significant to their interests. This proactive approach allows CTT to play a crucial role in shaping the future of the thoroughbred horse racing industry in California.
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Impact
October, 2024
California Thoroughbred Trainers (CTT) plays a crucial role in the horse racing industry by advocating for the interests of thoroughbred trainers and backstretch workers. The organization effectively represents its members in dealings with the California Horse Racing Board and various racing associations, ensuring that their rights and concerns are prioritized in policy-making and regulatory frameworks.
CTT fosters a healthier economic environment for the industry while enhancing the public's acceptance of thoroughbred racing. This is achieved through various initiatives, including the administration of a pension fund which provides retirement benefits for trainers, thereby supporting their long-term financial security. Additionally, the organization offers recreational activities and operates convenience stores on-site for backstretch workers, enhancing their quality of life and working conditions.
Education is another significant aspect of CTT’s impact. The organization facilitates training programs for trainers, informing them about current industry practices and legislation that could affect their work. This knowledge empowers trainers to make informed decisions, negotiate contracts effectively, and adapt to changes within the racing landscape.
By bridging connections between trainers, the racing community, and the public, CTT not only promotes thoroughbred racing but also supports the individuals who are integral to the industry, contributing to a more vibrant and sustainable future for horse racing in California.
This information is meant to be a general summary of California Thoroughbred Trainers. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $45,650
- Program Service Revenue: $2,579,526
- Gross Receipts: $2,753,907
Assets and Liabilities:
- Total Assets: $2,374,546
- Total Liabilities: $351,803
- Net Assets: $2,022,743
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TRACK REVENUE-PENSION
Revenue
$1,476,187
RECREATION HALL INCOME
Revenue
$600,032
TRACK REVENUE
Revenue
$503,307
Organization Details
Founding Year
1983
Phone
(626) 447-2145Principal Officer
Alan Balch
Main Address
PO BOX 660039, ARCADIA, CA, 910660039
Website
www.caltrainers.orgNTEE Category
Code: N60 - Recreation
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