Horseracing Integrity and Safety Authority Inc

“A copy of form 990 is provided to the board of directors prior to filing with the irs.”

“The organization obtains conflict of interest disclosure statements from officers and directors annually. Board members are required to recuse themselves from the discussion/vote if a conflict arises.”

“The board of directors, an independent body, reviews and documents compensation prior to setting and to offering an officer position. The ceo and the cfo, both who are individuals who do not have a conflict of interest with regard to the hiring of other open positions, review and document compensation prior to setting and to offering other open positions. Where needed, the cfo and ceo rely upon an outside search agency to help determine compensation for other open positions. The organization did a compensation study in early 2024 using comparability data from 2023.”

“The organization's bylaws (which include a conflict of interest policy) are available on the organization's website.”

“Column d includes base salary, bonus, reimbursements to employees for up to 60% of their medical insurance premiums, monthly stipends to employees to cover the business use of their mobile phones, and the company match of employee contributions made to the hisa 401(k) plan. See a more detailed breakdown in sch. J, part ii.”

“Anti-doping & medication control services: program service expenses 21,008,850. Management and general expenses 0. Fundraising expenses 0. Total expenses 21,008,850. Accreditation services: program service expenses 251,670. Management and general expenses 0. Fundraising expenses 0. Total expenses 251,670. Racetrack surface testing: program service expenses 875,802. Management and general expenses 0. Fundraising expenses 0. Total expenses 875,802. Other professional services - technology: program service expenses 5,785,311. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,785,311. Other professional services - racetrack safety: program service expenses 1,307,411. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,307,411. Other professional services - other general: program service expenses 0. Management and general expenses 336,404. Fundraising expenses 0. Total expenses 336,404. Other professional services - administrative: program service expenses 1,966,367. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,966,367.”

“The process for review of the independent accountant has not changed from the prior year.”

“Hisa moved its employees over to a professional employer organization (peo). 27 individuals were employed under the peo during 2024.”