Minnesota Thoroughbred Racing Alliance
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lakeville, MN
- Founding
- Data as of
- 12/2023
- EIN
- 87-4362430
Organization Overview
Minnesota Thoroughbred Racing Alliance is located in Lakeville, MN. According to its NTEE Classification (D01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Animal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minnesota Thoroughbred Racing Alliance is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
INSTRUMENTAL IN THE HALTING OF SPORTS BETTING LEGISLATION THAT WOULD HAVE BEEN DETRIMENTAL TO INDUSTRY BY ALLOWING OTHER ENTITIES TO OPERATE AND CONTROL SPORTS BETTING IN MINNESOTA WITHOUT INCLUSION OF THE THOROUGHBRED RACING INDUSTRY. BY CONTRACTING WITH HORSESHOE MARKETING,LLC, WE WERE ABLE TO CREATE EDUCATIONAL MATERIALS, DIGITAL MEDIA, AND PRESENTATIONS USED BY LOBBYISTS AND OTHER INDUSTRY STAKEHOLDERS TO COMMUNICATE THE NEGATIVE IMPACT OF THIS LEGISLATION TO THE LEGISLATURE AND GENERAL PUBLIC. ADDITIONALLY, WE WORKED DIRECTLY WITH THE MINNESOTA RACING COMMISSION (MRC) IN SECURING $1 MILLION IN ADDITIONAL FUNDING FROM THE STATE OF MINNESOTA FOR THE MRC TO BE USED TO OFFSET OUR CONSTITUENTS/MEMBERS OBLIGATORY COSTS ASSOCIATED WITH THE REGULATION AND OVERSIGHT OF THOROUGHBRED HORSERACING IN MINNESOTA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Scurto President | 2 | $0 | |
Scott Rake Vice President | 1 | $0 | |
Dan Flanigan Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $100,166 |
| Total Revenue | $100,166 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,185 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $97,749 |
| Total expenses | $109,260 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |
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|---|---|---|
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Charlie Project Dog Rescue Limited Twin Lakes, WI | $37,636 | $0 |
Howling For Wolves Action Fund Hopkins, MN | $41,899 | $0 |
Animal Rights Coalition Inc Minneapolis, MN | $371,753 | $0 |
South Dakota Wildlife Federation Inc Pierre, SD | $323,489 | $80,064 |
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