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The Jockey Club

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 130888345 ✦ New york, NY ✦ Designated as a 501(c)(5)

Overview

What is The Jockey Club?

The Jockey Club, founded in 1894 and headquartered in New York City, functions as the breed registry for Thoroughbred horses in the United States, Canada, and Puerto Rico. With a team of 37 employees, the organization ensures the correct pedigree and identification of every Thoroughbred, which is vital to the integrity of Thoroughbred breeding and racing. Approximately 18,800 Thoroughbreds are registered annually with The Jockey Club, and the number is increasing through the convenience of the organization's Interactive Registration (IR) system. This service allows North American owners and breeders to complete and submit registration requirements and name their foals, even submitting digital photographs, quickly and easily. The Jockey Club's mission extends beyond registration, as it serves various segments of the thoroughbred industry through its subsidiary companies and supports numerous industry initiatives.


Official website here: www.jockeyclub.com

Is The Jockey Club legitimate?

The Jockey Club is a legitimate nonprofit organization registered as a 501(c)(5) entity. The Jockey Club 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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $1,972,691
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,532,545

For more financial information, click here


Official website here: www.jockeyclub.com

What is the mission statement of The Jockey Club?

The Jockey Club serves as the breed registry for Thoroughbred horses in the United States, Canada, and Puerto Rico. Established in 1894, it is dedicated to the enhancement of Thoroughbred breeding and racing. The organization accomplishes this mission by catering to various sectors of the industry through its subsidiary companies and by advocating for numerous industry initiatives. The Jockey Club's essential role is maintaining the American Stud Book, which ensures the correct pedigree and identification of every Thousandbred. Approximately 18,800 Thoroughbreds are registered annually, with an increasing number utilizing the organization's interactive registration system to complete and submit registration requirements. In 2023, the Jockey Club anticipates registering around 18,500 Thoroughbred foals.


Official website here: www.jockeyclub.com

What is the revenue of The Jockey Club?

The Jockey Club's revenue in 2022 was $15,096,430.


Official website here: www.jockeyclub.com

Who are the executives of The Jockey Club and what are their salaries?

The average compensation at The Jockey Club during 2022 was $121,763. There are 37 employees and 10 volunteers at The Jockey Club.

Here are 18 key members and their salaries:

    James L Gagliano (President & Chief Operating Officer)
  • Compensation: $893,105
  • Related: $0
  • Other: $64,884

    • Matt Iuliano (Executive Vice President & Executive Director)
  • Compensation: $460,586
  • Related: $0
  • Other: $51,712

    • Laura Barillaro (Executive Vice President & Chief Financial Officer)
  • Compensation: $452,512
  • Related: $0
  • Other: $36,995

    • Marc Summers (Vice President & General Counsel)
  • Compensation: $418,937
  • Related: $0
  • Other: $59,094

    • Dr Jennifer Durenberger (The Jockey Club Steward)
  • Compensation: $192,179
  • Related: $0
  • Other: $25,713

    • Rick Bailey (Registrar)
  • Compensation: $168,252
  • Related: $0
  • Other: $36,983

    • Erica Lapp (Controller)
  • Compensation: $153,270
  • Related: $0
  • Other: $14,460

    • Andrew Chesser (Registration Services Manager)
  • Compensation: $112,499
  • Related: $0
  • Other: $21,478

    • Ian Highet (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stuart S Janney Iii (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William M Lear Jr (Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alex R Rankin (Steward) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barbara Banke (Steward) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • C Steven Duncker (Steward (Through August 2022)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Larry R Bramlage (Steward) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Louis A Cella (Steward (Beginning August 2022)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Vincent Viola (Steward) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William S Farish Jr (Steward) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.jockeyclub.com

    Where can I find the form 990 for The Jockey Club?

    The The Jockey Club’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.jockeyclub.com

    Learn more at the official website: www.jockeyclub.com

    Mission Statement of The Jockey Club

    The Jockey Club, a renowned organization established in 1894, serves as the breed registry for Thoroughbred horses in the United States, Canada, and Puerto Rico. With a deep-rooted dedication to improving thoroughbred breeding and racing, The Jockey Club carries out its mission by catering to various sectors of the industry through its subsidiary companies and offering support to numerous initiatives.

    At the heart of The Jockey Club's mission lies the maintenance of the American Stud Book. This crucial role ensures the correct pedigree and identification of every Thoroughbred, thereby upholding the integrity of thoroughbred breeding and racing. Annually, over 18,800 thoroughbreds are registered with the organization, with an increasing number doing so through the convenience of Interactive Registration (IR). This efficient process allows owners and breeders to complete and submit registration requirements, along with digital photographs, for the naming of foals. In 2023, The Jockey Club is projected to register approximately 18,500 thoroughbred foals.

    The Jockey Club's unwavering commitment to thoroughbred breeding and racing benefits many facets of the industry. By providing essential services and support, it fosters a healthy and thriving community for thoroughbred enthusiasts and professionals. The organization's dedication extends beyond its immediate functions, contributing to the overall growth and success of thoroughbred breeding and racing in North America.

    Impact

    This information is meant to be a general summary of The Jockey Club. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Jockey Club plays a vital role in shaping the landscape of Thoroughbred breeding and racing in the United States, Canada, and Puerto Rico. Through its role as the official breed registry for Thoroughbred horses, The Jockey Club ensures the integrity of the sport by maintaining accurate pedigrees and identifications for every Thoroughbred. With approximately 18,800 Thoroughbreds registered annually, The Jockey Club's impact on the industry is profound.

    Owners and breeders rely on The Jockey Club for registering their foals, a process that has been made quicker and more convenient through the organization's Interactive Registration system. By providing these essential services, The Jockey Club contributes to the sustainability and growth of Thoroughbred breeding and racing.

    Overall, The Jockey Club's commitment to the improvement of Thoroughbred breeding and racing reverberates throughout the industry, supporting various segments and initiatives that drive the sport forward.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $3,780,980
  • Program Service Revenue: $9,015,652
  • Gross Receipts: $20,696,907

    • Assets and Liabilities:
  • Total Assets: $65,771,192
  • Total Liabilities: $2,473,096
  • Net Assets: $63,298,096
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Registry Fees

    Revenue

    $8,658,843

    DATA SALES

    Revenue

    $283,309

    MEMBERSHIP DUES

    Revenue

    $73,500

    Organization Details

    Founding Year

    1894

    Main Address

    250 Park Ave Suite 2020, New York, NY, 10177

    NTEE Category

    Code: N69Z - Recreation

    If you are a representative of The Jockey Club and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.