Civic Intelligence

Standardbred Owners Association Inc

990 • Fiscal year 2018 • EIN 11-1867812

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 06, 2019

Organization ProfileWWW.SOAOFNY.COM
733 Yonkers AvenueYonkers, NY 10704

(914) 968-3599

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

22nd percentile

0.02x

Higher debt load relative to assets than 22% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

27th percentile

0.05x

Higher debt load relative to revenue than 27% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Net Margin

96th percentile

42%

Higher net margin than 96% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

27th percentile

$59,566

Higher top officer pay than 27% of similar nonprofits.

Top officer pay equals 5.3% of source-year revenue.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Asset Growth

81st percentile

15%

Faster asset growth than 81% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

90th percentile

27%

Faster revenue growth than 90% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets22nd percentile

Assets

Up

$2,484,212

Up $332,550 (+15%) from 2017

Net Assets

Up

$2,429,746

Up $318,973 (+15%) from 2017

Liabilities

Up

$54,466

Up $13,577 (+33%) from 2017

Revenue And Expenses
Liabilities / Revenue27th percentileNet Margin96th percentile

Revenue

Up

$1,116,014

Up $237,908 (+27%) from 2017

Expenses

Down

$649,304

Down $63,979 (-9.0%) from 2017

Net Income

Up

$466,710

Up $301,887 (+183%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth81st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2010: $604,618Liabilities 2010: $29,591Net Assets 2010: $575,0272010Assets 2011: $788,011Liabilities 2011: $23,181Net Assets 2011: $764,8302011Assets 2012: $1,088,013Liabilities 2012: $4,617Net Assets 2012: $1,083,3962012Assets 2013: $1,391,462Liabilities 2013: $21,628Net Assets 2013: $1,369,8342013Assets 2014: $1,608,954Liabilities 2014: $21,768Net Assets 2014: $1,587,1862014Assets 2015: $1,520,428Liabilities 2015: $45,807Net Assets 2015: $1,474,6212015Assets 2016: $1,915,767Liabilities 2016: $44,558Net Assets 2016: $1,871,2092016Assets 2017: $2,151,662Liabilities 2017: $40,889Net Assets 2017: $2,110,7732017Assets 2018: $2,484,212Liabilities 2018: $54,466Net Assets 2018: $2,429,7462018Assets 2019: $5,468,801Liabilities 2019: $1,956,139Net Assets 2019: $3,512,6622019Assets 2020: $10,327,790Liabilities 2020: $5,913,746Net Assets 2020: $4,414,0442020Assets 2021: $17,215,394Liabilities 2021: $13,496,351Net Assets 2021: $3,719,0432021Assets 2022: $16,657,829Liabilities 2022: $13,456,870Net Assets 2022: $3,200,9592022Assets 2023: $20,192,542Liabilities 2023: $14,656,098Net Assets 2023: $5,536,4442023Assets 2024: $21,700,419Liabilities 2024: $14,460,235Net Assets 2024: $7,240,1842024

Highlighted filing

2018

Assets$2,484,212
Liabilities$54,466
Net Assets$2,429,746
Open 2018 Filing

Operations Trend

Revenue Growth90th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2010: $560,112Expenses 2010: $351,800Net Income 2010: $208,3122010Expenses 2011: $281,8692011Revenue 2012: $665,315Expenses 2012: $346,749Net Income 2012: $318,5662012Revenue 2013: $700,150Expenses 2013: $418,366Net Income 2013: $281,7842013Revenue 2014: $759,060Expenses 2014: $541,708Net Income 2014: $217,3522014Revenue 2015: $746,431Expenses 2015: $759,719Net Income 2015: -$13,2882015Revenue 2016: $964,611Expenses 2016: $633,315Net Income 2016: $331,2962016Revenue 2017: $878,106Expenses 2017: $713,283Net Income 2017: $164,8232017Revenue 2018: $1,116,014Expenses 2018: $649,304Net Income 2018: $466,7102018Revenue 2019: $1,583,486Expenses 2019: $704,616Net Income 2019: $878,8702019Revenue 2020: $1,258,443Expenses 2020: $551,490Net Income 2020: $706,9532020Revenue 2021: $1,606,652Expenses 2021: $581,663Net Income 2021: $1,024,9892021Revenue 2022: $3,071,538Expenses 2022: $903,766Net Income 2022: $2,167,7722022Revenue 2023: $2,675,804Expenses 2023: $1,192,577Net Income 2023: $1,483,2272023Revenue 2024: $3,800,641Expenses 2024: $1,153,951Net Income 2024: $2,646,6902024

Highlighted filing

2018

Revenue$1,116,014
Expenses$649,304
Net Income$466,710
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 6, 2019
Return Version
2018v3.1
Gross Receipts
$1,116,014
Mission and Program Overview

Mission

Rep. Horseowners interests

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,337,304$1,259,177▼ $78,127
Accounts Receivable$198,142$411,064▲ $212,922
Cash and Non-Interest-Bearing Accounts$5,122$270,354▲ $265,232
Savings and Temporary Cash Investments$203,182$177,368▼ $25,814
Investments Program Related$145,390$138,077▼ $7,313
Land, Buildings, and Equipment, Net$173,703$135,102▼ $38,601
Prepaid Expenses and Deferred Charges$11,541$4,231▼ $7,310
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$2,151,662$2,484,212▲ $332,550
Other Assets Total$77,278$88,839▲ $11,561
Liabilities
Accounts Payable and Accrued Expenses$40,889$54,466▲ $13,577
Total Liabilities$40,889$54,466▲ $13,577
Net Assets / Fund Balance
Unrestricted Net Assets$2,018,773$2,337,746▲ $318,973
Permanently Rstr Net Assets$92,000$92,000→ $0
Total Net Assets Fund Balance$2,110,773$2,429,746▲ $318,973
Total Liabilities and Net Assets / Fund Balance$2,151,662$2,484,212▲ $332,550

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$135,102$57,901$193,003
Other Land Buildings-$72,385$72,385
Compensation and Service Providers
Top Officer Pay27th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Alex DadoyanFoundation ManaPT$59,566$59,566
John BrennanSecretaryPT$22,027$22,027

Board Members and Trustees

NameTitle
Joseph a FaraldoPresident
Chris WittstruckDirector
Henrey GargiuloDirector
Michael ForteDirector
Michael KimelmanDirector
Ray SchnittkerDirector
Robert BarbiereDirector
Robert MacdougallDirector
Robert SumnerDirector
Sandra KaufmanDirector
Stephane BouchardDirector
Peter Venaglia1st VP
Irving AthertonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,027,796
Investment Income
$88,218
Other Revenue
$0
Change in Net Assets
$466,710

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,116,014
Total Revenue per Audited Statements
$1,116,014
Total Revenue per Form 990
$1,116,014
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$480,044
Salaries, Compensation, and Employee Benefits$134,422
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$81,593--$81,593
Fees for Services Lobbying$76,795--$76,795
All Other Expenses$53,398$13,926-$67,324
Other Salaries and Wages$42,164--$42,164
Depreciation Depletion$38,601--$38,601
Benefits to Members$34,838--$34,838
Travel$32,319--$32,319
Other Expenses$24,000--$24,000
Insurance$20,828$3,000-$23,828
Occupancy-$15,098-$15,098
Payroll Taxes$10,665--$10,665
Fees for Services Accounting-$8,000-$8,000
Fees for Services Legal$7,525--$7,525
Office Expenses-$7,083-$7,083
Information Technology-$1,337-$1,337
Fees for Service Investment Mgmnt Fees$501--$501
Total Functional Expenses$600,860$48,444$0$649,304

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$649,304
Total Expenses per Audited Statements$649,304
Total Expenses per Form 990$649,304
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“Manager reviews form 990 and makes inquiries if required”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“Board inquires of conflicts if brought to their attention”

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

“Compensation is reviewed and voted by the board”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“All governing documents, policies and financial statements are available to members and the public on request”

Filing and Contact Details

Filer

Filer Name
Standardbred Owners Association Inc
EIN
11-1867812
Phone
9149683599
Address
733 YONKERS AVENUE, YONKERS, NY 10704

Signing Officer

Name
Alex Dadoyan
Title
Foundation Mana
Signed
2019-11-06
Discuss with paid preparer
Yes

Organization Details

Formed
1951
Legal Domicile
Ny
Voting Board Members
15
Independent Board Members
15
Employees
4

Preparer

Firm
Sklar Kantor Block CPAS LLP
Address
500 Bedford Avenue, Bellmore, NY 11710
Preparer
Craig Gordon CPA
Phone
5168264300
Supplemental Narrative

Additional Explanations

Client Note 1

“Client Note 1 - PROXY TAXLOBBYING ACTIVITIES 75,795TAX AT 21% 15,917”

Form 990, Part IX, Line 24E: Other Expenses

“BANK CHARGES: Column (A) - Total = $5963; Column (B) - Program Services = $0; Column (C) - Management & General = $5963; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“CHARITABLE CONTRIBUTIONS: Column (A) - Total = $1515; Column (B) - Program Services = $1515; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“DIRECTORS/MEETING/TRAVEL: Column (A) - Total = $20772; Column (B) - Program Services = $20772; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“DUES AND SUBSCRIPTIONS: Column (A) - Total = $3642; Column (B) - Program Services = $0; Column (C) - Management & General = $3642; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“MISCELLANEOUS: Column (A) - Total = $4321; Column (B) - Program Services = $0; Column (C) - Management & General = $4321; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“NEWSLETTER: Column (A) - Total = $1000; Column (B) - Program Services = $1000; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“TAX ON POLIT. ACTIVITIES: Column (A) - Total = $6891; Column (B) - Program Services = $6891; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“TELEVISION BROADCAST: Column (A) - Total = $23220; Column (B) - Program Services = $23220; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Other Changes In Net Assets Or Fund Balances - Other Decreases

“Unrealized losses = -$147737”

Financial Statement Notes

Part X : FIN48 Footnote

“FIN 48 DISCLOSUREThe Associaton has evaluated its tax positions for all open tax years (2015-2018). The Association is not currently under audit nor has the Association been contacted by any jurisdiction. Based on the evaluation of the Association's tax position, management believes all tax positions taken would be upheld under examination. Therefore, no provision for the effects of uncertain tax positions has been recorded for the year ended December 31, 2018”

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1459566
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/TitleTxt0Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt1Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt41ST VP
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6President
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Foundation Mana
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0false
IRS990/FormationYr01951
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt015
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01116014
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt015
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt01337
IRS990/InformationTechnologyGrp/TotalAmt01337
IRS990/InsuranceGrp/ManagementAndGeneralAmt03000
IRS990/InsuranceGrp/ProgramServicesAmt020828
IRS990/InsuranceGrp/TotalAmt023828
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt088218
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt088218
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt0145390
IRS990/InvestmentsProgramRelatedGrp/EOYAmt0138077
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01337304
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01259177
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0130286
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0173703
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0135102
IRS990/LandBldgEquipCostOrOtherBssAmt0265388
IRS990/LegalDomicileStateCd0NY
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0REP. HORSEOWNERS INTERESTS
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt02110773
IRS990/NetAssetsOrFundBalancesEOYAmt02429746
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt015098
IRS990/OccupancyGrp/TotalAmt015098
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt07083
IRS990/OfficeExpensesGrp/TotalAmt07083
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt077278
IRS990/OtherAssetsTotalGrp/EOYAmt088839
IRS990/OtherChangesInNetAssetsAmt0-147737
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0PUBLIC RELATIONS
IRS990/OtherExpensesGrp/Desc1TRACK AND RACE PROMOTION
IRS990/OtherExpensesGrp/Desc2PODCAST AND MEDIA PRODUCTION
IRS990/OtherExpensesGrp/Desc3RACE RECORDS
IRS990/OtherExpensesGrp/ProgramServicesAmt089690
IRS990/OtherExpensesGrp/ProgramServicesAmt161658
IRS990/OtherExpensesGrp/ProgramServicesAmt226285
IRS990/OtherExpensesGrp/ProgramServicesAmt324000
IRS990/OtherExpensesGrp/TotalAmt089690
IRS990/OtherExpensesGrp/TotalAmt161658
IRS990/OtherExpensesGrp/TotalAmt226285
IRS990/OtherExpensesGrp/TotalAmt324000
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt042164
IRS990/OtherSalariesAndWagesGrp/TotalAmt042164
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt010665
IRS990/PayrollTaxesGrp/TotalAmt010665
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt092000
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt092000
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt011541
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04231
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0713990
IRS990/ProgramServiceRevenueGrp/Desc0Membership Dues & Assessments
IRS990/ProgramServiceRevenueGrp/Desc1OTHER INCOME
IRS990/ProgramServiceRevenueGrp/Desc2PURSE SHARE-YONKERS RACEW
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt08040
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11019756
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt08040
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11019756
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt062120
IRS990/PYInvestmentIncomeAmt072630
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0532523
IRS990/PYProgramServiceRevenueAmt0805476
IRS990/PYRevenuesLessExpensesAmt0164823
IRS990/PYSalariesCompEmpBnftPaidAmt0118640
IRS990/PYTotalExpensesAmt0713283
IRS990/PYTotalRevenueAmt0878106
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0466710
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0203182
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0177368
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/Form1120POLFiledInd0true
IRS990ScheduleC/OnlyInHouseLobbyingInd0false
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0135102
IRS990ScheduleD/EquipmentGrp/DepreciationAmt057901
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0193003
IRS990ScheduleD/ExpensesSubtotalAmt0649304
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt072385
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt072385
IRS990ScheduleD/RevenueSubtotalAmt01116014
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FIN 48 DISCLOSUREThe Associaton has evaluated its tax positions for all open tax years (2015-2018). The Association is not currently under audit nor has the Association been contacted by any jurisdiction. Based on the evaluation of the Association's tax position, management believes all tax positions taken would be upheld under examination. Therefore, no provision for the effects of uncertain tax positions has been recorded for the year ended December 31, 2018
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0135102
IRS990ScheduleD/TotalBookValueProgramRltdAmt0138077
IRS990ScheduleD/TotalExpensesPerForm990Amt0649304
IRS990ScheduleD/TotalRevenuePerForm990Amt01116014
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01116014
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0649304
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Client Note 1 - PROXY TAXLOBBYING ACTIVITIES 75,795TAX AT 21% 15,917
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MANAGER REVIEWS FORM 990 AND MAKES INQUIRIES IF REQUIRED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD INQUIRES OF CONFLICTS IF BROUGHT TO THEIR ATTENTION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION IS REVIEWED AND VOTED BY THE BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE TO MEMBERS AND THE PUBLIC ON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BANK CHARGES: Column (A) - Total = $5963; Column (B) - Program Services = $0; Column (C) - Management & General = $5963; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CHARITABLE CONTRIBUTIONS: Column (A) - Total = $1515; Column (B) - Program Services = $1515; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7DIRECTORS/MEETING/TRAVEL: Column (A) - Total = $20772; Column (B) - Program Services = $20772; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8DUES AND SUBSCRIPTIONS: Column (A) - Total = $3642; Column (B) - Program Services = $0; Column (C) - Management & General = $3642; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9MISCELLANEOUS: Column (A) - Total = $4321; Column (B) - Program Services = $0; Column (C) - Management & General = $4321; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10NEWSLETTER: Column (A) - Total = $1000; Column (B) - Program Services = $1000; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11TAX ON POLIT. ACTIVITIES: Column (A) - Total = $6891; Column (B) - Program Services = $6891; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12TELEVISION BROADCAST: Column (A) - Total = $23220; Column (B) - Program Services = $23220; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13UNREALIZED LOSSES = -$147737
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Client Note 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e: Other Expenses

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,484,212
Liabilities
$54,466
Net assets
$2,429,746
Revenue
$1,116,014
Expenses
$649,304
Net income
$466,710
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.7$14.5$7.24$3.80$1.15$2.65
2023Detailed filing. Detailed filing data is available for this year.$20.2$14.7$5.54$2.68$1.19$1.48
2022Detailed filing. Detailed filing data is available for this year.$16.7$13.5$3.20$3.07$0.90$2.17
2021Detailed filing. Detailed filing data is available for this year.$17.2$13.5$3.72$1.61$0.58$1.02
2020Detailed filing. Detailed filing data is available for this year.$10.3$5.91$4.41$1.26$0.55$0.71
2019Detailed filing. Detailed filing data is available for this year.$5.47$1.96$3.51$1.58$0.70$0.88
2018Detailed filing. Detailed filing data is available for this year.$2.48$0.05$2.43$1.12$0.65$0.47
2017Detailed filing. Detailed filing data is available for this year.$2.15$0.04$2.11$0.88$0.71$0.16
2016Detailed filing. Detailed filing data is available for this year.$1.92$0.04$1.87$0.96$0.63$0.33
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.52$0.05$1.47$0.75$0.76$0.01
2014Detailed filing. Detailed filing data is available for this year.$1.61$0.02$1.59$0.76$0.54$0.22
2013Detailed filing. Detailed filing data is available for this year.$1.39$0.02$1.37$0.70$0.42$0.28
2012Summary only. Only limited summary data is available for this year.$1.09$0.00$1.08$0.67$0.35$0.32
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.79$0.02$0.76$0.28
2010Summary only. Only limited summary data is available for this year.$0.60$0.03$0.58$0.56$0.35$0.21