Civic Intelligence

Standardbred Owners Association Welfare Fund

990 • Fiscal year 2015 • EIN 11-1875256

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 07, 2016

Organization Profilewww.soaofny.com

View Organization Page

733 Yonkers Avenue -suite 102Yonkers, NY 10704

(914) 968-3599

Siviq Scores

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

Liabilities / Assets

38th percentile

0.01x

Higher debt load relative to assets than 38% of similar nonprofits.

2015 filings • 501(c)9 • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

46th percentile

0.02x

Higher debt load relative to revenue than 46% of similar nonprofits.

2015 filings • 501(c)9 • $5M-$10M nonprofits • Source year 2015

Net Margin

57th percentile

4.7%

Higher net margin than 57% of similar nonprofits.

2015 filings • 501(c)9 • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

68th percentile

$34,463

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 1.9% of source-year revenue.

2015 filings • 501(c)9 • $5M-$10M nonprofits • Source year 2015

Asset Growth

40th percentile

-2.1%

Faster asset growth than 40% of similar nonprofits.

2015 filings • 501(c)9 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

86th percentile

26%

Faster revenue growth than 86% of similar nonprofits.

2015 filings • 501(c)9 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets38th percentile

Assets

Down

$5,771,770

Down $123,491 (-2.1%) from 2014

Net Assets

Down

$5,740,475

Down $126,907 (-2.2%) from 2014

Liabilities

Up

$31,295

Up $3,416 (+12%) from 2014

Revenue And Expenses
Liabilities / Revenue46th percentileNet Margin57th percentile

Revenue

Up

$1,814,036

Up $379,474 (+26%) from 2014

Expenses

Up

$1,729,665

Up $366,323 (+27%) from 2014

Net Income

Up

$84,371

Up $13,151 (+18%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth40th percentile

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

$15M$10M$5.0M$0Assets 2009: $2,181,607Liabilities 2009: $96,231Net Assets 2009: $2,085,3762009Assets 2010: $3,133,374Liabilities 2010: $81,021Net Assets 2010: $3,052,3532010Assets 2011: $3,947,525Liabilities 2011: $130,189Net Assets 2011: $3,817,3362011Assets 2012: $4,408,063Liabilities 2012: $102,005Net Assets 2012: $4,306,0582012Assets 2013: $5,989,490Liabilities 2013: $144,686Net Assets 2013: $5,844,8042013Assets 2014: $5,895,261Liabilities 2014: $27,879Net Assets 2014: $5,867,3822014Assets 2015: $5,771,770Liabilities 2015: $31,295Net Assets 2015: $5,740,4752015Assets 2016: $6,914,517Liabilities 2016: $280,331Net Assets 2016: $6,634,1862016Assets 2017: $9,341,845Liabilities 2017: $60,228Net Assets 2017: $9,281,6172017Assets 2018: $10,024,033Liabilities 2018: $132,058Net Assets 2018: $9,891,9752018Assets 2019: $9,955,036Liabilities 2019: $115,550Net Assets 2019: $9,839,4862019Assets 2020: $8,240,161Liabilities 2020: $169,504Net Assets 2020: $8,070,6572020Assets 2021: $8,431,196Liabilities 2021: $471,914Net Assets 2021: $7,959,2822021Assets 2022: $7,100,695Liabilities 2022: $480,935Net Assets 2022: $6,619,7602022Assets 2023: $8,195,167Liabilities 2023: $657,174Net Assets 2023: $7,537,9932023Assets 2024: $8,783,317Liabilities 2024: $903,948Net Assets 2024: $7,879,3692024

Highlighted filing

2015

Assets$5,771,770
Liabilities$31,295
Net Assets$5,740,475
Open 2015 Filing

Operations Trend

Revenue Growth86th percentile

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

$6.0M$4.0M$2.0M$0-$2.0M-$4.0MRevenue 2009: $157,676Expenses 2009: $606,191Net Income 2009: -$448,5152009Revenue 2010: $1,355,124Expenses 2010: $507,399Net Income 2010: $847,7252010Expenses 2011: $632,3242011Revenue 2012: $997,234Expenses 2012: $660,054Net Income 2012: $337,1802012Revenue 2013: $2,217,239Expenses 2013: $791,168Net Income 2013: $1,426,0712013Revenue 2014: $1,434,562Expenses 2014: $1,363,342Net Income 2014: $71,2202014Revenue 2015: $1,814,036Expenses 2015: $1,729,665Net Income 2015: $84,3712015Revenue 2016: $3,081,235Expenses 2016: $2,225,065Net Income 2016: $856,1702016Revenue 2017: $4,707,556Expenses 2017: $2,475,611Net Income 2017: $2,231,9452017Revenue 2018: $3,322,400Expenses 2018: $2,088,503Net Income 2018: $1,233,8972018Revenue 2019: $1,666,944Expenses 2019: $2,267,179Net Income 2019: -$600,2352019Revenue 2020: $333,435Expenses 2020: $2,468,512Net Income 2020: -$2,135,0772020Revenue 2021: $2,022,627Expenses 2021: $1,961,597Net Income 2021: $61,0302021Revenue 2022: $301,811Expenses 2022: $2,038,758Net Income 2022: -$1,736,9472022Revenue 2023: $282,605Expenses 2023: $2,050,200Net Income 2023: -$1,767,5952023Revenue 2024: $435,953Expenses 2024: $2,131,711Net Income 2024: -$1,695,7582024

Highlighted filing

2015

Revenue$1,814,036
Expenses$1,729,665
Net Income$84,371
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 7, 2016
Return Version
2015v2.0
Gross Receipts
$7,450,256
Mission and Program Overview

Mission

WELFARE BENEFITS

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$5,407,264$5,195,586▼ $211,678
Savings and Temporary Cash Investments$206,922$456,611▲ $249,689
Cash and Non-Interest-Bearing Accounts$175,913$60,675▼ $115,238
Prepaid Expenses and Deferred Charges$69,470$28,393▼ $41,077
Accounts Receivable$31,584$27,045▼ $4,539
Land, Buildings, and Equipment, Net$973$324▼ $649
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-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$5,895,261$5,771,770▼ $123,491
Other Assets Total$3,135$3,136▲ $1
Liabilities
Accounts Payable and Accrued Expenses$27,879$31,295▲ $3,416
Total Liabilities$27,879$31,295▲ $3,416
Net Assets / Fund Balance
Unrestricted Net Assets$5,867,382$5,740,475▼ $126,907
Total Net Assets Fund Balance$5,867,382$5,740,475▼ $126,907
Total Liabilities and Net Assets / Fund Balance$5,895,261$5,771,770▼ $123,491

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$18,212$18,212
Equipment$324$2,922$3,246
Compensation and Service Providers
Top Officer Pay68th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Alex DadoyanFoundation ManaPT$34,463$34,463

Board Members and Trustees

NameTitle
Henrey GargiuloTrustee
Irving AthertonTrustee
John BrennanTrustee
Joseph a FaraldoTrustee
Peter VenagliaTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,625,786
Investment Income
$188,250
Other Revenue
$0
Change in Net Assets
$84,371
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$154,251
Salaries, Compensation, and Employee Benefits$62,771
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members$1,512,643--$1,512,643
Fees for Service Investment Mgmnt Fees$36,321--$36,321
Current Officers, Directors, Trustees, and Key Employees-$34,463-$34,463
Other Salaries and Wages-$24,537-$24,537
Occupancy-$20,262-$20,262
Fees for Services Accounting-$10,000-$10,000
Office Expenses-$9,447-$9,447
Payroll Taxes-$3,771-$3,771
Fees for Services Legal$2,500--$2,500
Insurance-$1,688-$1,688
Other Expenses$8,684$1,491-$1,491
All Other Expenses$685$341-$1,026
Information Technology-$774-$774
Depreciation Depletion---$649
Total Functional Expenses$1,560,833$168,183$0$1,729,665
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
Lobbying activity
No
Subject to proxy tax
No
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
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
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
No
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

“Board reviews 990 prior to filing”

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

“Governing members review annually”

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

“Trustees review and aprove compensation”

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

“Governing docs, policies and financial statements are open to inspection to members upon request”

Filing and Contact Details

Filer

Filer Name
Standardbred Owners Assocwelfare Fund
EIN
11-1875256
Phone
9149683599
Address
733 YONKERS AVENUE -SUITE 102, YONKERS, NY 10704

Signing Officer

Name
Alex Dadoyan
Title
Foundation Mana
Signed
2016-11-07
Discuss with paid preparer
Yes

Organization Details

Formed
1958
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
5
Employees
3

Preparer

Firm
Sklar Heyman Hirshfield & Kantor LLP
Address
500 Bedford Avenue, Bellmore, NY 11710-3546
Preparer
Craig Gordon CPA
Phone
5168264300
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Decreases

“Transfer to emergency welfare fund = -$6000”

Financial Statement Notes

Part X : FIN48 Footnote

“FIN 48 DISCLOSUREThe Associaton has evaluated its tax positions for all open tax years (2013-2015). 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, 2015”

Raw XML AppendixShowing 400 of 429 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt027879
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt031295
IRS990/AccountsReceivableGrp/BOYAmt031584
IRS990/AccountsReceivableGrp/EOYAmt027045
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0WELFARE BENEFITS
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0341
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0685
IRS990/AllOtherExpensesGrp/TotalAmt01026
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BenefitsToMembersGrp/ProgramServicesAmt01512643
IRS990/BenefitsToMembersGrp/TotalAmt01512643
IRS990/BooksInCareOfDetail/PersonNm0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum09149683599
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0733 YONKERS AVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0YONKERS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010704
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0175913
IRS990/CashNonInterestBearingGrp/EOYAmt060675
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt034463
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt034463
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt01512643
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0188250
IRS990/CYOtherExpensesAmt0154251
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt01625786
IRS990/CYRevenuesLessExpensesAmt084371
IRS990/CYSalariesCompEmpBnftPaidAmt062771
IRS990/CYTotalExpensesAmt01729665
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01814036
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt0649
IRS990/Desc0MEDICAL, DENTAL, HOSPITAL AND RELATED BENEFITS ARE PAID TO OR ON BEHALF OF PARTICIPANTS AND THEIR DEPENDENTS.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt03
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt01496636
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt010000
IRS990/FeesForServicesAccountingGrp/TotalAmt010000
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt02500
IRS990/FeesForServicesLegalGrp/TotalAmt02500
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/ProgramServicesAmt036321
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt036321
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt35.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt45.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt510.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0JOSEPH A FARALDO
IRS990/Form990PartVIISectionAGrp/PersonNm1IRVING ATHERTON
IRS990/Form990PartVIISectionAGrp/PersonNm2JOHN BRENNAN
IRS990/Form990PartVIISectionAGrp/PersonNm3HENREY GARGIULO
IRS990/Form990PartVIISectionAGrp/PersonNm4PETER VENAGLIA
IRS990/Form990PartVIISectionAGrp/PersonNm5ALEX DADOYAN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt534463
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt1Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt2Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt3Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt4Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt5Foundation Mana
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0true
IRS990/FormationYr01958
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt011484
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt05647704
IRS990/GrossReceiptsAmt07450256
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0774
IRS990/InformationTechnologyGrp/TotalAmt0774
IRS990/InsuranceGrp/ManagementAndGeneralAmt01688
IRS990/InsuranceGrp/TotalAmt01688
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0176766
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0176766
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt05407264
IRS990/InvestmentsPubTradedSecGrp/EOYAmt05195586
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt021134
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0973
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0324
IRS990/LandBldgEquipCostOrOtherBssAmt021458
IRS990/LegalDomicileStateCd0NY
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt05636220
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0WELFARE BENEFITS
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt05867382
IRS990/NetAssetsOrFundBalancesEOYAmt05740475
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt011484
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt011484
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt0146270
IRS990/NetUnrlzdGainsLossesInvstAmt0-205278
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt020262
IRS990/OccupancyGrp/TotalAmt020262
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt09447
IRS990/OfficeExpensesGrp/TotalAmt09447
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt03135
IRS990/OtherAssetsTotalGrp/EOYAmt03136
IRS990/OtherChangesInNetAssetsAmt0-6000
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0UBT TAX
IRS990/OtherExpensesGrp/Desc1REINSURANCE HEALTH FEE
IRS990/OtherExpensesGrp/Desc2CLAIMS PROCESSING FEES
IRS990/OtherExpensesGrp/Desc3BANK CHARGES & MISC.
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt043483
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt117926
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21491
IRS990/OtherExpensesGrp/ProgramServicesAmt08684
IRS990/OtherExpensesGrp/TotalAmt043483
IRS990/OtherExpensesGrp/TotalAmt117926
IRS990/OtherExpensesGrp/TotalAmt28684
IRS990/OtherExpensesGrp/TotalAmt31491
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt024537
IRS990/OtherSalariesAndWagesGrp/TotalAmt024537
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03771
IRS990/PayrollTaxesGrp/TotalAmt03771
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt069470
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt028393
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0Membership Dues & Assessments
IRS990/ProgramServiceRevenueGrp/Desc1PURSE SHARE-YONKERS RACE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0130226
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11495560
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0130226
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11495560
IRS990/ProgSrvcAccomActy2Grp/Desc0PREMIUMS TO PURCHASE LIFE INSURANCE CONTRACTS FOR PARTICIPANTS
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt016007
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt01105962
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0218874
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0197986
IRS990/PYProgramServiceRevenueAmt01215688
IRS990/PYRevenuesLessExpensesAmt071220
IRS990/PYSalariesCompEmpBnftPaidAmt059394
IRS990/PYTotalExpensesAmt01363342
IRS990/PYTotalRevenueAmt01434562
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt084371
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0206922
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0456611
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0324
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02922
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03246
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt018212
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt018212
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FIN 48 DISCLOSUREThe Associaton has evaluated its tax positions for all open tax years (2013-2015). 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, 2015
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0324
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD REVIEWS 990 PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GOVERNING MEMBERS REVIEW ANNUALLY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TRUSTEES REVIEW AND APROVE COMPENSATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCS, POLICIES AND FINANCIAL STATEMENTS ARE OPEN TO INSPECTION TO MEMBERS UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TRANSFER TO EMERGENCY WELFARE FUND = -$6000
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Changes In Net Assets Or Fund Balances - Other Decreases
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd1false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd2false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd2N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0STANDARDBRED OWNERS ASSOC RETIREMENT FD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1STANDARDBRED OWNERS ASSOCIATION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2STANDARDBRED OWNERS ASSC EMRGY WELF FND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0112368010
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1111867812
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2116038293
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501 (a)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501 (c)(6)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt2501 (c)(6)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd2NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0RETIREMENT BENEFITS TO MEMBERS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1TRADE ASSOCIATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2PROVIDE SOCIAL BENEFITS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0733 YONKERS AVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1733 YONKERS AVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt2733 YONKERS AVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0YONKERS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1YONKERS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm2YONKERS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd2NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd010704
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd110704
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd210704
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt05895261
IRS990/TotalAssetsEOYAmt05771770
IRS990/TotalAssetsGrp/BOYAmt05895261
IRS990/TotalAssetsGrp/EOYAmt05771770
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0168183
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01560833
IRS990/TotalFunctionalExpensesGrp/TotalAmt01729665
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt027879
IRS990/TotalLiabilitiesEOYAmt031295
IRS990/TotalLiabilitiesGrp/BOYAmt027879
IRS990/TotalLiabilitiesGrp/EOYAmt031295
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt05867382
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt05740475
IRS990/TotalProgramServiceExpensesAmt01512643
IRS990/TotalProgramServiceRevenueAmt01625786
IRS990/TotalReportableCompFromOrgAmt034463
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01814036
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01814036
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05895261
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05771770
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UnrestrictedNetAssetsGrp/BOYAmt05867382
IRS990/UnrestrictedNetAssetsGrp/EOYAmt05740475
IRS990/UponRequestInd0X

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,771,770
Liabilities
$31,295
Net assets
$5,740,475
Revenue
$1,814,036
Expenses
$1,729,665
Net income
$84,371
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.78$0.90$7.88$0.44$2.13$1.70
2023Detailed filing. Detailed filing data is available for this year.$8.20$0.66$7.54$0.28$2.05$1.77
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.10$0.48$6.62$0.30$2.04$1.74
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.43$0.47$7.96$2.02$1.96$0.06
2020Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$8.24$0.17$8.07$0.33$2.47$2.14
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.96$0.12$9.84$1.67$2.27$0.60
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.0$0.13$9.89$3.32$2.09$1.23
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.34$0.06$9.28$4.71$2.48$2.23
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.91$0.28$6.63$3.08$2.23$0.86
2015Detailed filing. Detailed filing data is available for this year.$5.77$0.03$5.74$1.81$1.73$0.08
2014Detailed filing. Detailed filing data is available for this year.$5.90$0.03$5.87$1.43$1.36$0.07
2013Detailed filing. Detailed filing data is available for this year.$5.99$0.14$5.84$2.22$0.79$1.43
2012Summary only. Only limited summary data is available for this year.$4.41$0.10$4.31$1.00$0.66$0.34
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.95$0.13$3.82$0.63
2010Summary only. Only limited summary data is available for this year.$3.13$0.08$3.05$1.36$0.51$0.85
2009Summary only. Only limited summary data is available for this year.$2.18$0.10$2.09$0.16$0.61$0.45