Overview
What is Thoroughbred Owners Of California?
Thoroughbred Owners of California (TOC) is a nonprofit organization situated in Arcadia, California. Their primary mission is to represent and uphold the interests of California thoroughbred race horse owners and the industry as a whole. To achieve this, TOC provides essential resources for thoroughbred horse owners in the state, publishes a quarterly newsletter for media and the public, conducts educational clinics for both owners and the public, and hosts public forums. Their purpose is to enhance the profitability of ownership, attract more horse owners, enhance the quality of California's horses, and leverage emerging technologies for the betterment of racing. With a team of five dedicated individuals, TOC is committed to fostering a thriving thoroughbred racing industry in California.
Official website here: www.toconline.com
What do the Facebook reviews say about Thoroughbred Owners Of California?
90% of reviewers on Facebook recommend Thoroughbred Owners Of California. Here's a summary of their thoughts:
While the majority of feedback seems supportive, one review raises profound concerns about the organization's impact, questioning its major accomplishments over the past five years. This critical perspective suggests that not all community members feel satisfied with the nonprofit’s performance or its visibility in the industry.
Overall, the sentiment appears mixed, with many showing confidence in the organization's efforts, yet some are clearly seeking more transparency and tangible results.
This AI summary has been generated from reviews found on Facebook.
Is Thoroughbred Owners Of California legitimate?
Thoroughbred Owners Of California is a legitimate nonprofit organization registered as a 501(c)(6) entity. Thoroughbred Owners Of California 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: $780,378
Professional Fundraising Fees: $0
Other Salaries and Wages: $28,469
For more financial information, click here
Official website here: www.toconline.com
What is the mission statement of Thoroughbred Owners Of California?
The Thoroughbred Owners of California, as an organization, aims to represent the interests of thoroughbred race horse owners and the industry at large. Their primary objective is to provide effective leadership to the thoroughbred racing industry in California. To achieve this, they focus on continuously improving the profitability of horse ownership, increasing the number of horse owners, enhancing the quality of California's horses, and leveraging emerging technologies to benefit the racing industry.
Official website here: www.toconline.com
Who is the CEO of Thoroughbred Owners Of California?
Bill Nader is the President, Ceo of Thoroughbred Owners Of California. The CEO's salary of Thoroughbred Owners Of California is $368,750 and their total compensation is $403,553.
Official website here: www.toconline.com
What is the revenue of Thoroughbred Owners Of California?
Thoroughbred Owners Of California's revenue in 2022 was $1,390,070.
Official website here: www.toconline.com
Who are the executives of Thoroughbred Owners Of California and what are their salaries?
The average compensation at Thoroughbred Owners Of California during 2022 was $161,769. There are 5 employees and 17 volunteers at Thoroughbred Owners Of California.
Here are 19 key members and their salaries (Thoroughbred Owners Of California's CEO's salary is $368,750 and their total compensation is $403,553):
- Compensation: $368,750
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- Compensation: $103,000
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Official website here: www.toconline.com
Where can I find the form 990 for Thoroughbred Owners Of California?
Thoroughbred Owners Of California's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.toconline.com
Learn more at the official website: www.toconline.com
Mission Statement of Thoroughbred Owners Of California
Thoroughbred Owners of California, or TOC, is an organization dedicated to representing the interests of thoroughbred race horse owners in California. Their overarching purpose is to provide effective leadership to the thoroughbred racing industry within the state. TOC aims to achieve this goal by continuously improving the profitability of ownership, increasing the number of horse owners, enhancing the quality of California's horses, and leveraging emerging technologies to benefit racing. By doing so, TOC strives to elevate the thoroughbred racing industry in California, ultimately fostering a thriving community of horse owners and promoting the growth and success of the sport.
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Impact
October, 2024
Thoroughbred Owners Of California plays a crucial role in supporting and enhancing the California thoroughbred racing industry. By representing the interests of thoroughbred horse owners, they actively work to improve the profitability of ownership and elevate the quality of horses within the state. Their initiatives, which include providing valuable information resources and conducting clinics, empower current and prospective owners with the knowledge needed to succeed in the industry.
Additionally, TOC publishes a quarterly newsletter that serves as a vital communication tool for both the media and the public, fostering transparency and engagement within the community. By hosting public forums, they create platforms for discussion and collaboration, further strengthening the thoroughbred community.
Through these efforts, TOC aims to not only increase the number of horse owners but also leverage emerging technologies to enhance the overall racing experience. Their leadership is instrumental in shaping a vibrant and sustainable future for thoroughbred racing in California, ultimately benefiting the entire equine industry and the communities surrounding it.
This information is meant to be a general summary of Thoroughbred Owners Of California. 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: -$93,141
- Program Service Revenue: $1,136,511
- Gross Receipts: $1,511,138
Assets and Liabilities:
- Total Assets: $15,991,653
- Total Liabilities: $13,978,482
- Net Assets: $2,013,171
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RACE TRACK REVENUE
Revenue
$1,136,511
Organization Details
Founding Year
1993
Phone
(626) 574-6621Principal Officer
Bill Nader
Main Address
285 W HUNTINGTON DRIVE, ARCADIA, CA, 91007
Website
www.toconline.comNTEE Category
Code: S41 - Community improvement
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