Overview
What is Kentucky Thoroughbred Owners & Breeders Inc?
Kentucky Thoroughbred Owners & Breeders Inc is a nonprofit organization based in Lexington, Kentucky, with a team of two individuals. Their mission revolves around advertising, fostering, and promoting the thoroughbred horse industry within the Commonwealth of Kentucky. Through various activities and awareness campaigns, they highlight the industry's accomplishments and presence. These efforts encompass initiatives like trainers' awards dinners and other advertising events. The organization's primary objective is to generate support and recognition for the thoroughbred horse industry in their home state.
Official website here: www.kta-ktob.com
Is Kentucky Thoroughbred Owners & Breeders Inc legitimate?
Kentucky Thoroughbred Owners & Breeders Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Kentucky Thoroughbred Owners & Breeders 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 not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $139,676
Professional Fundraising Fees: $0
Other Salaries and Wages: $170,524
For more financial information, click here
Official website here: www.kta-ktob.com
What is the mission statement of Kentucky Thoroughbred Owners & Breeders Inc?
Kentucky Thoroughbred Owners & Breeders Inc aims to advertise, foster, and promote the thoroughbred horse industry through various awareness activities. They highlight the industry's accomplishments and presence within the community by organizing trainers and awards dinners. The organization's mission is to boost the thoroughbred horse industry by increasing public recognition and appreciation. Through these efforts, they aim to foster a strong and thriving horse racing community.
Official website here: www.kta-ktob.com
Who is the CEO of Kentucky Thoroughbred Owners & Breeders Inc?
Chauncey Morris is the President of Kentucky Thoroughbred Owners & Breeders Inc.
Official website here: www.kta-ktob.com
What is the revenue of Kentucky Thoroughbred Owners & Breeders Inc?
Kentucky Thoroughbred Owners & Breeders Inc's revenue in 2023 was $1,200,075.
Official website here: www.kta-ktob.com
Who are the executives of Kentucky Thoroughbred Owners & Breeders Inc and what are their salaries?
The average compensation at Kentucky Thoroughbred Owners & Breeders Inc during 2023 was $155,100. There are 2 employees and 34 volunteers at Kentucky Thoroughbred Owners & Breeders Inc.
Here are 35 key members and their salaries:
- Chauncey Morris (Executive Director)
- Joseph Seitz (President) [Trustee/Director]
- Natanya Nieman (Vice President) [Trustee/Director]
- Christopher Baker (Secretary) [Trustee/Director]
- Dermot Ryan (Treasurer) [Trustee/Director]
- L Pope Mclean Jr (Assistant Treasurer) [Trustee/Director]
- Braxton Lynch (Past President) [Trustee/Director]
- James E Baker (Director)
- Michael Banahan (Director)
- Craig Bandoroff (Director)
- Price Bell (Director)
- Stuart E Brown Ii Dvm (Director)
- Patrick Costello (Director)
- Bill Daugherty (Director)
- Thomas Drury Jr (Director)
- Fergus Galvin (Director)
- Anne Archer Hinkle (Director)
- Paul J Mcgee (Director)
- Neil Pessin (Director)
- Kim Smith (Director)
- T Wayne Sweezey (Director)
- Jeffrey D Thornbury (Director)
- Ned Toffey (Director)
- Clifford Barry (Director Emeritus)
- James Bell (Director Emeritus)
- Darrell Brown (Director Emeritus)
- Waddell W Hancock Ii (Director Emeritus)
- Neil Howard (Director Emeritus)
- William Ls Landes Iii (Director Emeritus)
- Garrett O'Rourke (Director Emeritus)
- Frank Penn Jr (Director Emeritus)
- R Alex Rankin (Director Emeritus)
- Don M Robinson (Director Emeritus)
- Frederick J Seitz (Director Emeritus)
- R Eric Waldman (Director Emeritus)
Official website here: www.kta-ktob.com
Where can I find the form 990 for Kentucky Thoroughbred Owners & Breeders Inc?
The Kentucky Thoroughbred Owners & Breeders Inc’s most recent form 990 was submitted in 2023 and can be accessed here
Official website here: www.kta-ktob.com
Learn more at the official website: www.kta-ktob.com
Mission Statement of Kentucky Thoroughbred Owners & Breeders Inc
Kentucky Thoroughbred Owners & Breeders Inc, a significant organization, is dedicated to advertising, fostering, and promoting the thoroughbred horse industry in the Commonwealth of Kentucky. With a mission to highlight the accomplishments and presence of this industry within the region, the nonprofit engages in various advertising and awareness activities.
To fulfill this objective, Kentucky Thoroughbred Owners & Breeders Inc organizes numerous trainers and awards dinners. These events serve as platforms to recognize the achievements and contributions of individuals involved in the thoroughbred horse industry. By doing so, the organization fosters a sense of community and camaraderie among industry professionals.
In addition to these events, Kentucky Thoroughbred Owners & Breeders Inc focuses on increasing awareness and recognition of the thoroughbred horse industry in the Commonwealth of Kentucky. Through their efforts, they aim to showcase the industry's importance and significance in the region. The organization's commitment to promoting the thoroughbred horse industry not only benefits the industry itself but also contributes to the economic growth and development of Kentucky.
Impact
This information is meant to be a general summary of Kentucky Thoroughbred Owners & Breeders Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Kentucky Thoroughbred Owners & Breeders Inc plays a significant role in promoting and fostering the Thoroughbred horse industry in the state of Kentucky. Through its advertising and awareness activities, such as trainers and awards dinners, the organization highlights the industry's accomplishments and its presence in the Commonwealth. By doing so, Kentucky Thoroughbred Owners & Breeders Inc contributes to the growth and sustainability of the Thoroughbred horse industry in Kentucky, further solidifying the state's reputation as a hub for this sector.
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 2023.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REGISTRATION FEES
Revenue
$788,825
INSURANCE COMM.
Revenue
$168,718
BUSINESS DEVELOPMENT I
Revenue
$95,730
PROMOTIONAL ALLOW.
Revenue
$50,000
MEMBERSHIP DUES
Revenue
$33,220
Organization Details
Founding Year
1961
Phone
(859) 381-1414
Principal Officer
Chauncey Morris
Main Address
4079 IRON WORKS PARKWAY, LEXINGTON, KY, 40511
Website
www.kta-ktob.com
NTEE Category
Code: D60 - Animals
If you are a representative of Kentucky Thoroughbred Owners & Breeders 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.