The Hambletonian Society Inc

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

EIN: 610593889 ✦ Cranbury, NJ ✦ Designated as a 501(c)(6)

Overview

What is The Hambletonian Society Inc?

The Hambletonian Society Inc, established in 1924, is a New Jersey-based nonprofit organization with a mission to support and encourage the breeding of Standardbred horses. They accomplish this goal by sponsoring and servicing various stakes and special events. With a team of six dedicated individuals, they have been making a significant impact in the Standardbred horse community for nearly a century.


Official website here: www.hambletonian.org

Is The Hambletonian Society Inc legitimate?

The Hambletonian Society Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. The Hambletonian Society 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $472,736

For more financial information, click here


Official website here: www.hambletonian.org

What is the mission statement of The Hambletonian Society Inc?

The Hambletonian Society Inc, established in 1924, is a non-profit organization dedicated to the breeding of Standardbred horses. Through sponsoring and servicing races and special events, the Society promotes and encourages the breeding of these horses. The mission of The Hambletonian Society is to support the Standardbred horse community by organizing and funding various competitions and events. The Society's efforts aim to foster the growth and development of the Standardbred breed, ensuring its continued success and popularity. By providing opportunities for racing and competition, The Hambletonian Society contributes to the excitement and enthusiasm surrounding Standardbred horses, ultimately benefiting both the horses and their devoted fans.


Official website here: www.hambletonian.org

Who is the CEO of The Hambletonian Society Inc?

John Campbell is the Executive Vp of The Hambletonian Society Inc. The CEO's salary of The Hambletonian Society Inc is $210,000 and their total compensation is $217,000.


Official website here: www.hambletonian.org

What is the revenue of The Hambletonian Society Inc?

The Hambletonian Society Inc's revenue in 2022 was $19,197,276.


Official website here: www.hambletonian.org

Who are the executives of The Hambletonian Society Inc and what are their salaries?

The average compensation at The Hambletonian Society Inc during 2022 was $78,789. There are 6 employees at The Hambletonian Society Inc.

Here are 29 key members and their salaries (The Hambletonian Society Inc's CEO's salary is $210,000 and their total compensation is $217,000):

    John Campbell (President & Ceo) [Trustee/Director]
  • Compensation: $210,000
  • Related: $0
  • Other: $7,000

    • Moira Fanning (Coo/Asst Sec) [Trustee/Director]
  • Compensation: $116,000
  • Related: $0
  • Other: $28,000

    • Thomas A Charters (Executive Vp) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • George I Segal (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James W Simpson (Chairman Of The Exec) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Frank Antonacci (3Rd Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael G Kimelman (1St Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ted Gewertz (2Nd Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Max J Hempt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Margareta Wallenius-Kleberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alan J Leavitt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anthony Perretti (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Seth Rosenfeld (4Th Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John M Egloff Dvm (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas R Grossman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joe M Thomson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David P Reid (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Adam Bowden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul F Spears (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Fred W Hertrich Iii (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Malvern Burroughs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marvin Katz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr John Mossbarger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ann V Straatman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Linda J Toscano (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Anderson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ernest Gaskin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Mcduffee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.hambletonian.org

    Where can I find the form 990 for The Hambletonian Society Inc?

    The The Hambletonian Society Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.hambletonian.org

    Learn more at the official website: www.hambletonian.org

    Mission Statement of The Hambletonian Society Inc

    The Hambletonian Society Inc, established in 1924, is a renowned non-profit organization dedicated to the breeding of Standardbred horses. Through its mission, the Society encourages and supports this noble pursuit by sponsoring and servicing various stakes and special events. By doing so, it fosters the growth and development of the Standardbred horse community.

    At the heart of The Hambletonian Society Inc's endeavors lies its commitment to the Standardbred horse breed. The organization's primary role is to sponsor and service stakes and special events, which serves as a platform to promote the breeding of these magnificent horses. With its unwavering support, the Society plays a significant role in enhancing the prestige of Standardbred horses and their racing industry.

    Moreover, The Hambletonian Society Inc's involvement in stakes and special events extends beyond simply organizing them. Its role is multifaceted and includes providing essential resources and services to make these events successful. By sponsoring these events, the Society ensures that they attract top-tier competitors and inspire excellence within the Standardbred horse community. Through its commitment to encouraging and supporting the breeding of Standardbred horses, The Hambletonian Society Inc continues to make a profound impact on the racing industry and the breed itself.

    Impact

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




    Thursday, August 15, 2024

    The Hambletonian Society Inc's impact revolves around supporting and encouraging the breeding of Standardbred horses through the sponsorship and servicing of stakes and special events. The society plays a crucial role in promoting the development of Standardbred horses and fostering a vibrant ecosystem for the breeding industry. By sponsoring races like the prestigious Hambletonian Stakes and organizing other events, the society not only celebrates the heritage of the sport but also provides opportunities for breeders, trainers, and enthusiasts to showcase their talents and passion for Standardbred horses. In doing so, The Hambletonian Society Inc contributes to the growth and sustainability of the Standardbred horse industry, enriching the lives of those involved and preserving a rich tradition for future generations to enjoy.





    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: $165,533
  • Program Service Revenue: $18,987,792
  • Gross Receipts: $19,212,552

    • Assets and Liabilities:
  • Total Assets: $5,850,271
  • Total Liabilities: $4,370,332
  • Net Assets: $1,479,939
  • Programs

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

    STAKES MONIES EARNED

    Revenue

    $17,614,442

    HOST FACILITY FEES

    Revenue

    $900,000

    STALLION PROMOTION FEES

    Revenue

    $186,331

    STAKES SERVICING FEES

    Revenue

    $173,750

    SIMULCASTING

    Revenue

    $113,269

    Organization Details

    Founding Year

    1949

    Principal Officer

    John Campbell

    Main Address

    MR JOHN CAMPBELL, CRANBURY, NJ, 085123174

    NTEE Category

    Code: N60 - Recreation

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