Overview
What is Far Hills Race Meeting Association Inc?
Far Hills Race Meeting Association Inc, located in Far Hills, New Jersey, is a nonprofit organization primarily known for hosting an annual one-day steeplechase event. The largest beneficiary of this event is the Somerset Health Care Foundation, Inc., a Section 501(C)(3) nonprofit entity. Beyond this, the organization, at the discretion of its board of trustees, supports other eligible Section 501(C)(3) health care entities, including Crossroads4Hope, The Arc of Somerset County, Community in Crisis, Lifecamp, Bonnie Brae, and the Steeplechase Cancer Center. These entities receive assistance from the organization to further their health care-related missions. The organization, with a workforce of four individuals, plays a significant role in supporting various health care nonprofits in the area.
Official website here: www.farhillsrace.org
Is Far Hills Race Meeting Association Inc legitimate?
Far Hills Race Meeting Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Far Hills Race Meeting Association Inc 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.
Here are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.farhillsrace.org
What is the mission statement of Far Hills Race Meeting Association Inc?
Far Hills Race Meeting Association Inc, an annual organizer of a one-day steeplechase event, primarily benefits the Somerset Health Care Foundation, a 501(C)(3) non-profit entity. At the discretion of its board of trustees, the association also supports various other 501(C)(3) health care entities, including Crossroads4Hope, The Arc of Somerset County, Community in Crisis, LifeCamp, Bonnie Brae, and the Steeplechase Cancer Center. The primary aim of the association is to contribute to these health care organizations, providing them with financial support and resources to serve their respective communities.
Official website here: www.farhillsrace.org
Who is the CEO of Far Hills Race Meeting Association Inc?
Guy J Torsilieri is the Trustee/Co-Chairman of Far Hills Race Meeting Association Inc.
Official website here: www.farhillsrace.org
What is the revenue of Far Hills Race Meeting Association Inc?
Far Hills Race Meeting Association Inc's revenue in 2022 was $3,701,526.
Official website here: www.farhillsrace.org
Who are the executives of Far Hills Race Meeting Association Inc and what are their salaries?
Here are 5 key members and their salaries:
- Ronald A Kennedy (Trustee/Co-Chairman)
- Guy J Torsilieri (Trustee/Co-Chairman)
- Anthony Knapp (Trustee)
- Douglas Scher (Trustee)
- Reese E Howard Jr (Trustee)
Official website here: www.farhillsrace.org
Where can I find the form 990 for Far Hills Race Meeting Association Inc?
The Far Hills Race Meeting Association Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.farhillsrace.org
Learn more at the official website: www.farhillsrace.org
Mission Statement of Far Hills Race Meeting Association Inc
Far Hills Race Meeting Association Inc, an organization that hosts an annual one-day steeplechase event, is dedicated to supporting health care-related non-profit entities. The largest beneficiary of this event is the Somerset Health Care Foundation, Inc., a Section 501(C)(3) non-profit entity. Beyond this, the association, at the discretion of its Board of Trustees, extends its support to other non-profit Section 501(C)(3) health care entities. These entities include Crossroads4Hope, The Arc of Somerset County, Community in Crisis, Lifecamp, Bonnie Brae, and the Steeplechase Cancer Center. By holding this annual event and strategically allocating its resources, Far Hills Race Meeting Association Inc contributes to the betterment of various health care-focused non-profits in the sector.
Impact
This information is meant to be a general summary of Far Hills Race Meeting Association Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The Far Hills Race Meeting Association Inc's impact is primarily focused on supporting various nonprofit healthcare entities through its annual steeplechase event. The organization provides substantial financial assistance to organizations such as the Somerset Health Care Foundation Inc, Crossroads4Hope, The Arc of Somerset County, Community in Crisis, LifeCamp, Bonnie Brae, and Steeplechase Cancer Center. This support helps these healthcare entities in carrying out their crucial missions and providing valuable services to those in need. By organizing this event and directing its proceeds towards these causes, the association plays a significant role in improving healthcare services and support within the community.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESERVATIONS & ADMISSI
Revenue
$2,482,220
TENT RENTALS
Revenue
$414,330
OTHER
Revenue
$323,622
CORPORATE SPONSORSHIP
Revenue
$245,000
PARKING FEES
Revenue
$50,280
Organization Details
Founding Year
1984
Phone
(908) 234-9115
Principal Officer
Guy J Torsilieri
Main Address
50 ROUTE 202 PO BOX 617, FAR HILLS, NJ, 07931
Website
www.farhillsrace.org
NTEE Category
Code: N70 - Recreation
If you are a representative of Far Hills Race Meeting Association Inc 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.