Kentucky Harness Horsemens Assoc Inc
- Assets
- $319.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lexington, KY
- Founding
- 02/1977
- Data as of
- 12/2021
- EIN
- 61-0854875
Organization Overview
Kentucky Harness Horsemens Assoc Inc is located in Lexington, KY. The organization was established in 1977. According to its NTEE Classification (D60) the organization is classified as: Animal Services N.E.C., under the broad grouping of Animal-Related and related organizations. This organization is the central organization for a national or regional group of organizations. Kentucky Harness Horsemens Assoc Inc 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 12/2021, Kentucky Harness Horsemens Assoc Inc generated $108.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.8%) each year. All expenses for the organization totaled $63.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (9.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amanda Stephens Executive Se | 0 | $29,667 | |
James Avritt Jr President | 0 | $0 | |
Tom Shehan Secretary | 0 | $0 | |
Walter Fister 2nd Vice Pre | 0 | $0 | |
Dr James Sautter Parliamentar | 0 | $0 | |
Randy Jerrell Vice Preside | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $100,150 |
| Membership dues | $8,600 |
| Investment income | $148 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $108,898 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $1,321 |
| Salaries, other compensation, and employee benefits | $32,711 |
| Professional fees and other payments to independent contractors | $1,877 |
| Occupancy, rent, utilities, and maintenance | $4,282 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $22,987 |
| Total expenses | $63,178 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $319,035 |
| Other assets | $0 |
| Total assets | $319,035 |
| Total liabilities | $0 |
| Net assets or fund balances | $319,035 |
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