Wa Horsemens Ben & Proctective Assoc

“Explanation of Classes of Members or Shareholder Organization members include all licensed owners and trainers at represented racetracks.”

“Form 990 Review Process Form 990 is reviewed by Exec Dir, Independent CPA, B of D Finance Committee and is available to governing body prior to filing.”

“Explanation of Monitoring and Enforcement of Conflicts All candidates for Board of Directors are required to report any relationships that may present conflict of interest. Any changes during the term are required to be disclosed.”

“Other Organization Documents Publicly Available Form 990 and related attachments, bylaws, contracts, conflict of interest policy, whistleblower policy, financial statements, ledger and all supporting documents ave available at the organizations business office for review upon request.”

“Executive Director is not a voting member. As employee serves as Secretary-Treasure of the Association under the guidance of the board of directors.”

“Executive Director is not an officer or voting member of the Board of Directors but is considered and officer of the corporation for some government entities to enable reporting and filing of certain required business documents”

“Auto allowance is paid on per mile basis at current irs amount per mile”

“Severance Benefit is accrued as a liability but not paid until applicable.”

“Accounting Issue due to rounding each expense. Adjustment made to balance and correct year end totals”

“Organizational Funds used for contract Lobbyist Firm to represent our members interests during State legislative session.”

“Accrued Severence expensed annually but not paid until due”

“WA State software issue for 2024 Family Leave tax payment made in Jan 2025. Liability was resolved in 2025”