Pennsylvania Division Horsemens is located in Grantville, PA. The organization was established in 1989. According to its NTEE Classification (W20) the organization is classified as: Government & Public Administration, under the broad grouping of Public & Societal Benefit and related organizations. As of 06/2022, Pennsylvania Division Horsemens employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pennsylvania Division Horsemens is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2022, Pennsylvania Division Horsemens generated $39.5m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $39.5m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (2.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROTECT THE INTERESTS OF BOTH HORSEMEN AND THE RACING INDUSTRY IN GENERAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROTECT THE INTERESTS OF HORSEMEN, THEIR EMPLOYEES, AND THOROUGHBRED HORSE RACING IN GENERAL.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Todd Mostoller Executive Director | Officer | 40 | $189,512 |
Sandee Martin President | OfficerTrustee | 10 | $0 |
Flint Stites Director | Trustee | 5 | $0 |
Mark Salvaggio Director | Trustee | 5 | $0 |
Brandon Kulp Director | Trustee | 5 | $0 |
Ken Russell Director | Trustee | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $38,019,624 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $38,019,624 |
Total Program Service Revenue | $1,513,676 |
Investment income | $10,159 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $39,543,459 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $61,291 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $215,745 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $48,761 |
Pension plan accruals and contributions | $19,869 |
Other employee benefits | $28,660 |
Payroll taxes | $31,374 |
Fees for services: Management | $0 |
Fees for services: Legal | $430,409 |
Fees for services: Accounting | $27,589 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $145,517 |
Advertising and promotion | $95,365 |
Office expenses | $48,881 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $6,974 |
Travel | $32,284 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $8,750 |
Interest | $0 |
Payments to affiliates | $48,000 |
Depreciation, depletion, and amortization | $33,655 |
Insurance | $11,760 |
All other expenses | $373,335 |
Total functional expenses | $39,457,017 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $16,643,380 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $2,410,262 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $7,831 |
Net Land, buildings, and equipment | $96,395 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $19,157,868 |
Accounts payable and accrued expenses | $8,472,135 |
Grants payable | $0 |
Deferred revenue | $9,756,101 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $3,487 |
Total liabilities | $18,231,723 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $926,145 |
Total liabilities and net assets/fund balances | $19,157,868 |
Over the last fiscal year, Pennsylvania Division Horsemens has awarded $30,539 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
Bensalem, PA PURPOSE: CHAPLAIN FUNDING | $20,539 |
Edgewater, MD PURPOSE: CHARITABLE DONATION | $5,000 |
CLOVIS CRANE PURPOSE: FIRE DISASTER RELIEF DONATION | $5,000 |
Over the last fiscal year, we have identified 1 grants that Pennsylvania Division Horsemens has recieved totaling $15,000.
Awarding Organization | Amount |
---|---|
Pennsylvania Horse Breeders Association Inc Kennett Square, PA PURPOSE: SUPPORT PROGRAM FOR RE-HOMING OF RETIRED RACE HORSES | $15,000 |
Organization Name | Assets | Revenue |
---|---|---|
Island Peer Review Organization Inc New Hyde Park, NY | $59,283,462 | $69,591,386 |
Pennsylvania Division Horsemens Grantville, PA | $19,157,868 | $39,543,459 |
Manhattan Institute For Policy Research Inc New York, NY | $22,398,458 | $16,694,868 |
National Action Network Inc New York, NY | $4,012,343 | $7,322,289 |
Pittsburgh Allegheny County Thermal Ltd Pittsburgh, PA | $6,178,022 | $5,299,602 |
Volcker Alliance Inc New York, NY | $23,661,694 | $7,640,617 |
The Benefit Shop Foundation Inc Mount Kisco, NY | $1,028,853 | $3,629,691 |
Niagara Tobacco Asset Securitization Corp Lockport, NY | $6,699,671 | $3,919,268 |
A Public Voice Inc Thornville, OH | $202,623 | $2,766,448 |
Ohio Township Association Blacklick, OH | $5,127,919 | $2,259,124 |
Westmoreland County Federated Library System Greensburg, PA | $973,744 | $1,953,407 |
Columbus-East Town-Op & F Inc Columbus, OH | $34,259,334 | $2,564,338 |