Civic Intelligence

Hall County Livestock Improvement Assn

EIN 47-0399395 • 501(c)4 • Grand Island, NE

View Organization Page

Profile

Operate parimutuel horse racing to facilate the promotion of agricultural activities in hall county, ne

PO Box 490Grand Island, NE 68802

www.fonnerpark.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

56th percentile

0.16x

Higher debt load relative to assets than 56% of similar nonprofits.

501(c)4 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

35th percentile

0.07x

Higher debt load relative to revenue than 35% of similar nonprofits.

501(c)4 • $10M-$25M nonprofits • Source year 2024

Net Margin

31st percentile

1.0%

Higher net margin than 31% of similar nonprofits.

501(c)4 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

56th percentile

$162,128

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

501(c)4 • $10M-$25M nonprofits • Source year 2024

Asset Growth

44th percentile

3.6%

Faster asset growth than 44% of similar nonprofits.

501(c)4 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

19th percentile

-4.7%

Faster revenue growth than 19% of similar nonprofits.

501(c)4 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$7,697,464

Up $340,520 (+4.6%) from 2022

Liabilities

Up

$1,199,785

Up $546,643 (+84%) from 2022

Net Assets

Down

$6,497,679

Down $206,123 (-3.1%) from 2022

Operations
Liabilities / Revenue35th percentileNet Margin31st percentile

Revenue

Up

$19,956,944

Up $1,256,300 (+6.7%) from 2022

Expenses

Up

$20,162,917

Up $1,476,760 (+7.9%) from 2022

Net Income

Down

-$205,973

Down $220,460 (-1522%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth44th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$10M$5.0M$0Assets 2011: $5,844,420Liabilities 2011: $134,949Net Assets 2011: $5,709,4712011Assets 2012: $5,810,220Liabilities 2012: $129,707Net Assets 2012: $5,680,5132012Assets 2013: $5,487,220Liabilities 2013: $103,770Net Assets 2013: $5,383,4502013Assets 2014: $5,359,250Liabilities 2014: $121,342Net Assets 2014: $5,237,9082014Assets 2015: $5,280,359Liabilities 2015: $112,661Net Assets 2015: $5,167,6982015Assets 2016: $5,546,717Liabilities 2016: $220,617Net Assets 2016: $5,326,1002016Assets 2017: $5,734,520Liabilities 2017: $186,378Net Assets 2017: $5,548,1422017Assets 2018: $6,153,207Liabilities 2018: $550,277Net Assets 2018: $5,602,9302018Assets 2019: $6,119,892Liabilities 2019: $513,734Net Assets 2019: $5,606,1582019Assets 2020: $8,731,873Liabilities 2020: $2,487,941Net Assets 2020: $6,243,9322020Assets 2021: $8,337,643Liabilities 2021: $1,638,928Net Assets 2021: $6,698,7152021Assets 2022: $7,356,944Liabilities 2022: $653,142Net Assets 2022: $6,703,8022022Assets 2023: $7,697,464Liabilities 2023: $1,199,785Net Assets 2023: $6,497,6792023

Highlighted filing

2023

Assets$7,697,464
Liabilities$1,199,785
Net Assets$6,497,679
Open 2023 Filing

Operations Trend

Revenue Growth19th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30M$20M$10M$0-$10MRevenue 2011: $17,623,055Expenses 2011: $17,721,253Net Income 2011: -$98,1982011Revenue 2012: $18,095,918Expenses 2012: $18,312,476Net Income 2012: -$216,5582012Revenue 2013: $17,650,518Expenses 2013: $17,947,631Net Income 2013: -$297,1132013Revenue 2014: $17,866,890Expenses 2014: $18,012,432Net Income 2014: -$145,5422014Revenue 2015: $17,775,643Expenses 2015: $17,846,303Net Income 2015: -$70,6602015Revenue 2016: $18,029,818Expenses 2016: $17,872,616Net Income 2016: $157,2022016Revenue 2017: $17,309,055Expenses 2017: $17,087,413Net Income 2017: $221,6422017Revenue 2018: $16,093,865Expenses 2018: $16,039,477Net Income 2018: $54,3882018Revenue 2019: $16,064,570Expenses 2019: $16,061,692Net Income 2019: $2,8782019Revenue 2020: $12,697,019Expenses 2020: $12,060,045Net Income 2020: $636,9742020Revenue 2021: $18,091,074Expenses 2021: $17,639,939Net Income 2021: $451,1352021Revenue 2022: $18,700,644Expenses 2022: $18,686,157Net Income 2022: $14,4872022Revenue 2023: $19,956,944Expenses 2023: $20,162,917Net Income 2023: -$205,9732023

Highlighted filing

2023

Revenue$19,956,944
Expenses$20,162,917
Net Income-$205,973
Open 2023 Filing

Filings

Most recent year

2023 • Form 990Summary only. Only limited summary data is available for this year.

Open filing
Assets
$7,697,464
Liabilities
$1,199,785
Net assets
$6,497,679
Revenue
$19,956,944
Expenses
$20,162,917
Net income
-$205,973
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$7.70$1.20$6.50$20.0$20.2$0.21
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.36$0.65$6.70$18.7$18.7$0.01
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.34$1.64$6.70$18.1$17.6$0.45
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.73$2.49$6.24$12.7$12.1$0.64
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.12$0.51$5.61$16.1$16.1$0.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.15$0.55$5.60$16.1$16.0$0.05
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.73$0.19$5.55$17.3$17.1$0.22
2016Detailed filing. Detailed filing data is available for this year.$5.55$0.22$5.33$18.0$17.9$0.16
2015Detailed filing. Detailed filing data is available for this year.$5.28$0.11$5.17$17.8$17.8$0.07
2014Detailed filing. Detailed filing data is available for this year.$5.36$0.12$5.24$17.9$18.0$0.15
2013Summary only. Only limited summary data is available for this year.$5.49$0.10$5.38$17.7$17.9$0.30
2012Summary only. Only limited summary data is available for this year.$5.81$0.13$5.68$18.1$18.3$0.22
2011Summary only. Only limited summary data is available for this year.$5.84$0.13$5.71$17.6$17.7$0.10
Latest Detailed Filing

The latest 2023 filing currently has summary financial data only. Showing the latest detailed filing from 2021 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Apr 21, 2022
Return Version
2020v4.2
Gross Receipts
$18,319,786
Mission and Program Overview

Mission

Operate parimutuel horseracing to facilitate the promotion of agriclture activities in hall county nebraska

Operate parimutuel horseracing to facilitate the promotion of agriculture activities in hall county nebraska

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$6,218,630$6,669,765▲ $451,135
Land, Buildings, and Equipment, Net$3,524,207$3,330,881▼ $193,326
Savings and Temporary Cash Investments$1,380,034$2,816,291▲ $1,436,257
Cash and Non-Interest-Bearing Accounts$1,733,149$1,495,741▼ $237,408
Investments Program Related$335,000$335,000→ $0
Accounts Receivable$1,660,460$263,211▼ $1,397,249
Inventories for Sale or Use$51,717$54,053▲ $2,336
Prepaid Expenses and Deferred Charges$50,104$42,466▼ $7,638
Cap Stk Tr Prin Current Funds$28,100$28,950▲ $850
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Total Assets$8,734,671$8,337,643▼ $397,028
Liabilities
Accounts Payable and Accrued Expenses$2,189,282$1,360,071▼ $829,211
Other Liabilities$290,273$257,462▼ $32,811
Deferred Revenue$8,386$21,395▲ $13,009
Total Liabilities$2,487,941$1,638,928▼ $849,013
Net Assets / Fund Balance
Total Net Assets Fund Balance$6,246,730$6,698,715▲ $451,985
Total Liabilities and Net Assets / Fund Balance$8,734,671$8,337,643▼ $397,028

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,397,211$9,846,941$12,244,152
Other Land Buildings$460,872$2,299,215$2,760,087
Equipment$207,794$2,215,076$2,422,870
Land$265,004-$265,004
Compensation and Service Providers
Top Officer Pay56th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Chris KotulakCEOFT$136,241$136,241

Board Members and Trustees

NameTitle
Mike JakubowskiExecutive Board President
Dan FoglandExecutive Board 1st Vice
Russ ReruchaExecutive Board 2nd Vice
Jeff RichardsonExecutive Board 3rd Vice
Steven P HansenExecutive Board Ex-officio
Derek AppfelExecutive Board Secretary
Bill OlteanExecutive Board Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$17,086,059
Investment Income
$126,764
Other Revenue
$878,251
Change in Net Assets
$451,135

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,062,671
Revenue Not Reported on Financial Statements
$11,028,403
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$11,028,403
Total Revenue per Audited Statements
$7,062,671
Total Revenue per Form 990
$18,091,074
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$15,658,662
Salaries, Compensation, and Employee Benefits$1,981,277
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons$1,545,275$171,697-$1,716,972
All Other Expenses$1,395,128$80,230-$1,475,358
Other Expenses$514,920--$514,920
Occupancy$372,001$41,334-$413,335
Insurance$367,252$40,806-$408,058
Depreciation Depletion$227,992$25,333-$253,325
Payroll Taxes$159,615$17,735-$177,350
Advertising$95,971$10,664-$106,635
Fees for Services Legal$72,658$8,073-$80,731
Other Employee Benefits$49,994$5,555-$55,549
Office Expenses$34,757$3,862-$38,619
Pension Plan Contributions$28,265$3,141-$31,406
Interest$9,019--$9,019
Fees for Services Accounting$7,861$874-$8,735
Travel$1,775$197-$1,972
Total Functional Expenses$17,230,438$409,501$0$17,639,939

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$17,639,939
Expenses Not Reported on Financial Statements$11,028,403
Other Expense Adjustments$11,028,403
Expenses per Audited Statements$6,611,536
Total Expenses per Audited Statements$6,611,536
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$144,963
Gaming Direct Expenses$113,943
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Note Payable$212,740
Unclaimed Mutuel Tickets$44,722
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
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
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 6

“The organization has members, membership certificates are $50.”

Form 990, Part VI, Section A, line 7A

“The members of the organization elect directors to three-year terms. Twelve members are elected each year. Officers of the oranization are then elected by the 36-member board of directors. The officers are all members of the board of directors.”

Form 990, Part VI, Section A, line 8B

“Committees do not have authority to act on behalf of the governing body.”

Form 990, Part VI, Section B, line 11B

“Governing body reviews a draft copy of the completed form 990 and all supplemental schedules as furnished to the board of directors, chairman, and secretary. They were given the opportunity to provide input on the checklists, statements, schedules, etc. Once they reviewed the document and unofficially approved it, the form and all required attachments were put in final form and filed.”

Form 990, Part VI, Section C, line 18

“Any requests to view the organization's governing documents, financial statements, or form 990 are granted. They are all maintained at the oranization's office at 700 e. Stolley park rd, grand island, ne 68801”

Form 990, Part VI, Section C, line 19

“Any requests to view the organization's governing documents, financial statements, or form 990 are granted. They are all maintained at the oranization's office at 700 e. Stolley park rd, grand island, ne 68801”

Filing and Contact Details

Filer

Filer Name
Hall County Livestock Improvement Assn
EIN
47-0399395
Phone
3083824515
Address
PO BOX 490, GRAND ISLAND, NE 68802

Signing Officer

Name
Christopher Kotulak
Title
CEO
Phone
3083824515
Signed
2022-04-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Christopher Kotulak
Formed
1954
Legal Domicile
Ne
Voting Board Members
36
Independent Board Members
36
Employees
345
Volunteers
0

Preparer

Firm
Dana F Cole & Company Llp
Address
503 WEST THIRD STREET PO BOX 1945, GRAND ISLAND, NE 68802
Preparer
Eugene V Ulmer
Phone
3083823400
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

“Membership certificates 850.”

Financial Statement Notes

Part XI, Line 4B - Other Adjustments:

“Mutuel payouts to public cost of goods sold rental expenses allocated direct gaming expenses”

Part XII, Line 4B - Other Adjustments:

“Mutuel payouts to public cost of goods sold rental expenses allocated direct gaming expenses”

Raw XML AppendixShowing 400 of 544 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt02189282
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01360071
IRS990/AccountsReceivableGrp/BOYAmt01660460
IRS990/AccountsReceivableGrp/EOYAmt0263211
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0OPERATE PARIMUTUEL HORSERACING TO FACILITATE THE PROMOTION OF AGRICULTURE ACTIVITIES IN HALL COUNTY NEBRASKA
IRS990/AdvertisingGrp/ManagementAndGeneralAmt010664
IRS990/AdvertisingGrp/ProgramServicesAmt095971
IRS990/AdvertisingGrp/TotalAmt0106635
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt080230
IRS990/AllOtherExpensesGrp/ProgramServicesAmt01395128
IRS990/AllOtherExpensesGrp/TotalAmt01475358
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0CHRISTOPHER KOTULAK
IRS990/BooksInCareOfDetail/PhoneNum03083824515
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0700 E STOLLEY PARK RD
IRS990/BooksInCareOfDetail/USAddress/CityNm0GRAND ISLAND
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NE
IRS990/BooksInCareOfDetail/USAddress/ZIPCd068802
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt028100
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt028950
IRS990/CashNonInterestBearingGrp/BOYAmt01733149
IRS990/CashNonInterestBearingGrp/EOYAmt01495741
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompDisqualPersonsGrp/ManagementAndGeneralAmt0171697
IRS990/CompDisqualPersonsGrp/ProgramServicesAmt01545275
IRS990/CompDisqualPersonsGrp/TotalAmt01716972
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0126764
IRS990/CYOtherExpensesAmt015658662
IRS990/CYOtherRevenueAmt0878251
IRS990/CYProgramServiceRevenueAmt017086059
IRS990/CYRevenuesLessExpensesAmt0451135
IRS990/CYSalariesCompEmpBnftPaidAmt01981277
IRS990/CYTotalExpensesAmt017639939
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt018091074
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt08386
IRS990/DeferredRevenueGrp/EOYAmt021395
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt025333
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0227992
IRS990/DepreciationDepletionGrp/TotalAmt0253325
IRS990/Desc0HORSE RACING- 31 DAYS, ALSO SEE ATTACHED SCHEDULE OF ACTIVITIES FOR THE HALL COUNTY AND CENTRAL NEBRASKA COMMUNITY WHICH WERE HELD AT FONNER PARK DURING THE FISCAL YEAR.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt0345
IRS990/EmploymentTaxReturnsFiledInd00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt017230438
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0874
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt07861
IRS990/FeesForServicesAccountingGrp/TotalAmt08735
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt08073
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt072658
IRS990/FeesForServicesLegalGrp/TotalAmt080731
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt765.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0MIKE JAKUBOWSKI
IRS990/Form990PartVIISectionAGrp/PersonNm1DAN FOGLAND
IRS990/Form990PartVIISectionAGrp/PersonNm2RUSS RERUCHA
IRS990/Form990PartVIISectionAGrp/PersonNm3JEFF RICHARDSON
IRS990/Form990PartVIISectionAGrp/PersonNm4DEREK APPFEL
IRS990/Form990PartVIISectionAGrp/PersonNm5BILL OLTEAN
IRS990/Form990PartVIISectionAGrp/PersonNm6STEVEN P HANSEN
IRS990/Form990PartVIISectionAGrp/PersonNm7CHRIS KOTULAK
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7136241
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/TitleTxt0EXECUTIVE BOARD PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1EXECUTIVE BOARD 1ST VICE
IRS990/Form990PartVIISectionAGrp/TitleTxt2EXECUTIVE BOARD 2ND VICE
IRS990/Form990PartVIISectionAGrp/TitleTxt3EXECUTIVE BOARD 3RD VICE
IRS990/Form990PartVIISectionAGrp/TitleTxt4EXECUTIVE BOARD SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5EXECUTIVE BOARD TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6EXECUTIVE BOARD EX-OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt7CEO
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/Form990TFiledInd01
IRS990/FormationYr01954
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd01
IRS990/GamingDirectExpensesAmt0113943
IRS990/GamingGrossIncomeAmt0144963
IRS990/GoverningBodyVotingMembersCnt036
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt018319786
IRS990/GrossRentsGrp/RealAmt072000
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt036
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt040806
IRS990/InsuranceGrp/ProgramServicesAmt0367252
IRS990/InsuranceGrp/TotalAmt0408058
IRS990/InterestGrp/ProgramServicesAmt09019
IRS990/InterestGrp/TotalAmt09019
IRS990/InventoriesForSaleOrUseGrp/BOYAmt051717
IRS990/InventoriesForSaleOrUseGrp/EOYAmt054053
IRS990/InvestmentIncomeGrp/ExclusionAmt0126764
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0126764
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt0335000
IRS990/InvestmentsProgramRelatedGrp/EOYAmt0335000
IRS990/IRPDocumentCnt027
IRS990/IRPDocumentW2GCnt013
IRS990/LandBldgEquipAccumDeprecAmt014361232
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03524207
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03330881
IRS990/LandBldgEquipCostOrOtherBssAmt017692113
IRS990/LegalDomicileStateCd0NE
IRS990/LessRentalExpensesGrp/RealAmt0114769
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0OPERATE PARIMUTUEL HORSE RACING TO FACILATE THE PROMOTION OF AGRICULTURAL ACTIVITIES IN HALL COUNTY, NE
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt06246730
IRS990/NetAssetsOrFundBalancesEOYAmt06698715
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt031020
IRS990/NetIncomeFromGamingGrp/UnrelatedBusinessRevenueAmt031020
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-42769
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt0-42769
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt041334
IRS990/OccupancyGrp/ProgramServicesAmt0372001
IRS990/OccupancyGrp/TotalAmt0413335
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03862
IRS990/OfficeExpensesGrp/ProgramServicesAmt034757
IRS990/OfficeExpensesGrp/TotalAmt038619
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt0850
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt05555
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt049994
IRS990/OtherEmployeeBenefitsGrp/TotalAmt055549
IRS990/OtherExpensesGrp/Desc0MUTUEL PAYMENTS TO PUBL
IRS990/OtherExpensesGrp/Desc1HORSEMENS PURSES
IRS990/OtherExpensesGrp/Desc2PURCHASES/ COGS
IRS990/OtherExpensesGrp/Desc3SIMULCAST DIRECT EXPENS
IRS990/OtherExpensesGrp/ProgramServicesAmt010323743
IRS990/OtherExpensesGrp/ProgramServicesAmt11204783
IRS990/OtherExpensesGrp/ProgramServicesAmt2819429
IRS990/OtherExpensesGrp/ProgramServicesAmt3514920
IRS990/OtherExpensesGrp/TotalAmt010323743
IRS990/OtherExpensesGrp/TotalAmt11204783
IRS990/OtherExpensesGrp/TotalAmt2819429
IRS990/OtherExpensesGrp/TotalAmt3514920
IRS990/OtherLiabilitiesGrp/BOYAmt0290273
IRS990/OtherLiabilitiesGrp/EOYAmt0257462
IRS990/OtherRevenueMiscGrp/BusinessCd0713200
IRS990/OtherRevenueMiscGrp/Desc0GRANT
IRS990/OtherRevenueMiscGrp/Desc1OTHER CONTRIBUTIONS, GIFTS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0800000
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt190000
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0800000
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt190000
IRS990/OtherRevenueTotalAmt0890000
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt017735
IRS990/PayrollTaxesGrp/ProgramServicesAmt0159615
IRS990/PayrollTaxesGrp/TotalAmt0177350
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt03141
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt028265
IRS990/PensionPlanContributionsGrp/TotalAmt031406
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt050104
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt042466
IRS990/PrincipalOfficerNm0CHRISTOPHER KOTULAK
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0713200
IRS990/ProgramServiceRevenueGrp/BusinessCd1713200
IRS990/ProgramServiceRevenueGrp/BusinessCd2713200
IRS990/ProgramServiceRevenueGrp/BusinessCd3713200
IRS990/ProgramServiceRevenueGrp/BusinessCd4713200
IRS990/ProgramServiceRevenueGrp/Desc0MUTUEL HANDLE
IRS990/ProgramServiceRevenueGrp/Desc1CONCESSIONS
IRS990/ProgramServiceRevenueGrp/Desc2GROUND, BUILDING REIMBURSEMENT
IRS990/ProgramServiceRevenueGrp/Desc3ADMISSIONS
IRS990/ProgramServiceRevenueGrp/Desc4SPONSORSHIPS, SUBSIDIES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt013983840
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11625228
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2283947
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3212380
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt495000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt013983840
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11625228
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2283947
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3212380
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt495000
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt025108
IRS990/PYOtherExpensesAmt010085973
IRS990/PYOtherRevenueAmt0-17410
IRS990/PYProgramServiceRevenueAmt012689321
IRS990/PYRevenuesLessExpensesAmt0636974
IRS990/PYSalariesCompEmpBnftPaidAmt01974072
IRS990/PYTotalExpensesAmt012060045
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt012697019
IRS990/ReconcilationRevenueExpnssAmt0451135
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/RentalIncomeOrLossGrp/RealAmt0-42769
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt017086059
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt06218630
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt06669765
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01380034
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02816291
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt02397211
IRS990ScheduleD/BuildingsGrp/DepreciationAmt09846941
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt012244152
IRS990ScheduleD/EquipmentGrp/BookValueAmt0207794
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02215076
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02422870
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt011028403
IRS990ScheduleD/ExpensesSubtotalAmt06611536
IRS990ScheduleD/LandGrp/BookValueAmt0265004
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0265004
IRS990ScheduleD/OtherExpensesNotIncludedAmt011028403
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0460872
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt02299215
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt02760087
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt044722
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1212740
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0UNCLAIMED MUTUEL TICKETS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1NOTE PAYABLE
IRS990ScheduleD/OtherRevenuesNotIncludedAmt011028403
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt011028403
IRS990ScheduleD/RevenueSubtotalAmt07062671
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MUTUEL PAYOUTS TO PUBLIC COST OF GOODS SOLD RENTAL EXPENSES ALLOCATED DIRECT GAMING EXPENSES
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1MUTUEL PAYOUTS TO PUBLIC COST OF GOODS SOLD RENTAL EXPENSES ALLOCATED DIRECT GAMING EXPENSES
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part XI, Line 4b - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XII, Line 4b - Other Adjustments:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03330881
IRS990ScheduleD/TotalExpensesPerForm990Amt017639939
IRS990ScheduleD/TotalLiabilityAmt0257462
IRS990ScheduleD/TotalRevenuePerForm990Amt018091074
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt07062671
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt06611536
IRS990ScheduleG/CharitableDistributionRqrInd01
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd00
IRS990ScheduleG/GamingInformationGrp/CashPrizesPullTabsAmt0107529
IRS990ScheduleG/GamingInformationGrp/CashPrizesTotalGamingAmt0107529
IRS990ScheduleG/GamingInformationGrp/DirectExpenseSummaryGamingAmt0113943
IRS990ScheduleG/GamingInformationGrp/GrossRevenuePullTabsAmt0144963
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt0144963
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt031020
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssTotalGamingAmt06414
IRS990ScheduleG/GamingInformationGrp/OtherDirectExpensesPullTabsAmt06414
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborPullTabsInd00
IRS990ScheduleG/GamingManagerIsEmployeeInd0X
IRS990ScheduleG/GamingManagerPersonNm0PAT SMITH
IRS990ScheduleG/GamingManagerServicesProvTxt0MANAGES SALE OF PULL TABS
IRS990ScheduleG/GamingOwnFacilityPct01.00000
IRS990ScheduleG/GamingWithNonmembersInd01
IRS990ScheduleG/IndividualWithBooksNm0PAT SMITH
IRS990ScheduleG/LicensedInd01
IRS990ScheduleG/LicenseSuspendedEtcInd00
IRS990ScheduleG/MemberOfOtherEntityInd00
IRS990ScheduleG/PersonsWithBooksUSAddress/AddressLine1Txt0PO BOX 490
IRS990ScheduleG/PersonsWithBooksUSAddress/CityNm0GRAND ISLAND
IRS990ScheduleG/PersonsWithBooksUSAddress/StateAbbreviationCd0NE
IRS990ScheduleG/PersonsWithBooksUSAddress/ZIPCd068802
IRS990ScheduleG/StatesWhereGamingConductedCd0NE
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0136241
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0CHRIS KOTULAK
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0136241
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS MEMBERS, MEMBERSHIP CERTIFICATES ARE $50.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERS OF THE ORGANIZATION ELECT DIRECTORS TO THREE-YEAR TERMS. TWELVE MEMBERS ARE ELECTED EACH YEAR. OFFICERS OF THE ORANIZATION ARE THEN ELECTED BY THE 36-MEMBER BOARD OF DIRECTORS. THE OFFICERS ARE ALL MEMBERS OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMMITTEES DO NOT HAVE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING BODY REVIEWS A DRAFT COPY OF THE COMPLETED FORM 990 AND ALL SUPPLEMENTAL SCHEDULES AS FURNISHED TO THE BOARD OF DIRECTORS, CHAIRMAN, AND SECRETARY. THEY WERE GIVEN THE OPPORTUNITY TO PROVIDE INPUT ON THE CHECKLISTS, STATEMENTS, SCHEDULES, ETC. ONCE THEY REVIEWED THE DOCUMENT AND UNOFFICIALLY APPROVED IT, THE FORM AND ALL REQUIRED ATTACHMENTS WERE PUT IN FINAL FORM AND FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ANY REQUESTS TO VIEW THE ORGANIZATION'S GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, OR FORM 990 ARE GRANTED. THEY ARE ALL MAINTAINED AT THE ORANIZATION'S OFFICE AT 700 E. STOLLEY PARK RD, GRAND ISLAND, NE 68801
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ANY REQUESTS TO VIEW THE ORGANIZATION'S GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, OR FORM 990 ARE GRANTED. THEY ARE ALL MAINTAINED AT THE ORANIZATION'S OFFICE AT 700 E. STOLLEY PARK RD, GRAND ISLAND, NE 68801
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6MEMBERSHIP CERTIFICATES 850.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part XI, line 9:

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)4 • $10M-$25M nonprofits