Horseracing Integrity And Safety Authority Inc

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

EIN: 861940818 ✦ Lexington, KY ✦ Designated as a 501(c)(6)

Overview

What is Horseracing Integrity And Safety Authority Inc?

Horseracing Integrity and Safety Authority Inc is a nonprofit organization headquartered at 401 W MAIN ST STE 222, Lexington, Kentucky, with a team of two individuals. Established under the Horseracing Integrity and Safety Act, HISA is overseen by the Federal Trade Commission with a mission to create a comprehensive anti-doping and medication control program and a racetrack safety program for covered horses, covered persons, and covered horse races. The antidoping and medication control program became effective on May 22, 2023, while the racetrack safety program was implemented on July 1, 2022. HISA's initiatives aim to ensure the integrity and safety of horseracing events by implementing regulations and guidelines to maintain fair competition and protect the welfare of participating horses.


Official website here: www.hisaus.org

Is Horseracing Integrity And Safety Authority Inc legitimate?

Horseracing Integrity And Safety Authority Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Horseracing Integrity And Safety Authority 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: $652,341
Professional Fundraising Fees: $0
Other Salaries and Wages: $471,038

For more financial information, click here


Official website here: www.hisaus.org

What is the mission statement of Horseracing Integrity And Safety Authority Inc?

The Horseracing Integrity and Safety Authority Inc is dedicated to establishing and implementing a horseracing anti-doping and medication control program, as well as a racetrack safety program for covered horses, covered persons, and covered horseraces. This organization, overseen by the Federal Trade Commission, aims to create a fair and safe racing environment. Their racetrack safety program became effective on July 1, 2022, while their anti-doping and medication control program began on May 22, 2023. The Authority's efforts focus on ensuring the welfare of horses and maintaining the integrity of horseracing events.


Official website here: www.hisaus.org

Who is the CEO of Horseracing Integrity And Safety Authority Inc?

Charles Scheeler is the Chair of Horseracing Integrity And Safety Authority Inc. The CEO's salary of Horseracing Integrity And Safety Authority Inc is $314,827 and their total compensation is $314,827.


Official website here: www.hisaus.org

What is the revenue of Horseracing Integrity And Safety Authority Inc?

Horseracing Integrity And Safety Authority Inc's revenue in 2022 was $12,323,223.


Official website here: www.hisaus.org

Who are the executives of Horseracing Integrity And Safety Authority Inc and what are their salaries?

The average compensation at Horseracing Integrity And Safety Authority Inc during 2022 was $561,690. There are 2 employees and 21 volunteers at Horseracing Integrity And Safety Authority Inc.

Here are 13 key members and their salaries (Horseracing Integrity And Safety Authority Inc's CEO's salary is $314,827 and their total compensation is $314,827):

    Lisa Lazarus (Ceo)
  • Compensation: $442,307
  • Related: $0
  • Other: $5,769

    • Hank Zeitlin (Former Interim Ceo/Consultant)
  • Compensation: $314,827
  • Related: $0
  • Other: $0

    • Jim Gates (Cfo)
  • Compensation: $190,185
  • Related: $0
  • Other: $14,079

    • Ann Mcgovern (Director Of Racetrack Safety)
  • Compensation: $164,477
  • Related: $0
  • Other: $3,323

    • Charles Scheeler (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Beshear (Vice-Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Leonard Coleman (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ellen Mcclain (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Adolpho Birch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joseph De Francis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Stover (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bill Thomason (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dg Van Clief (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.hisaus.org

    Where can I find the form 990 for Horseracing Integrity And Safety Authority Inc?

    The Horseracing Integrity And Safety Authority Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.hisaus.org

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

    Mission Statement of Horseracing Integrity And Safety Authority Inc

    The Horseracing Integrity and Safety Authority Inc, or HISA, is a nonprofit organization established to develop and implement a comprehensive anti-doping and medication control program, as well as a racetrack safety program, for covered horses, covered persons, and covered horseraces in the United States. With oversight from the Federal Trade Commission, HISA aims to promote fair and ethical horse racing by ensuring the health and well-being of horses and the integrity of the sport.

    By implementing a rigorous anti-doping and medication control program, HISA seeks to protect the welfare of the horses and maintain a level playing field for all competitors. This includes the enforcement of rules regarding the prohibition of certain substances and the establishment of testing procedures to detect and deter the use of performance-enhancing drugs. By doing so, HISA aims to uphold the integrity of horse racing and inspire confidence in the sport among the public.

    Furthermore, HISA's racetrack safety program focuses on the welfare of both horses and human participants in the sport. The program aims to identify and address potential safety risks at racetracks and promote best practices for racetrack operations. With the safety program in effect since July 1, 2022, and the anti-doping and medication control program beginning on May 22, 2023, HISA continues its mission to ensure a safer and more ethical future for horseracing.

    Impact

    This information is meant to be a general summary of Horseracing Integrity And Safety Authority Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Horseracing Integrity and Safety Authority Inc's impact lies in developing and implementing a horseracing anti-doping and medication control program, as well as a racetrack safety program for covered horses, covered persons, and covered horseraces. This organization, recognized under the Horseracing Integrity and Safety Act, is overseen by the Federal Trade Commission. The racetrack safety program went into effect on July 1, 2022, while the anti-doping and medication control program took effect on May 22, 2023. These initiatives aim to enhance the integrity and safety of horseracing, benefiting both participants and spectators in the community.





    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: $8
  • Program Service Revenue: $11,966,090
  • Gross Receipts: $12,323,223

    • Assets and Liabilities:
  • Total Assets: $5,472,847
  • Total Liabilities: $8,751,713
  • Net Assets: -$3,278,866
  • Programs

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

    STATE RACETRACK FEES

    Revenue

    $11,805,087

    FINES INCOME

    Revenue

    $161,003

    Organization Details

    Founding Year

    2020

    Principal Officer

    Charles Scheeler

    Main Address

    401 W MAIN ST STE 222, LEXINGTON, KY, 40507

    NTEE Category

    Code: S41 - Community improvement

    If you are a representative of Horseracing Integrity And Safety Authority 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.