Mission
SUPPORT AND PROMOTE HARNESS HORSE RACING IN IOWA
Public Charity
IOWA HARNESS RACING ASSOCIATION
Based in SWISHER, IA, IOWA HARNESS RACING ASSOCIATION operates as a Public Charity. The organization reported $2.2M in revenue, $2.1M in expenses, $1.2M in total assets for fiscal year 2025. Imperigo tracks 22 reported grants from this foundation totaling approximately $311K.
EIN: 261516990
SWISHER, IA
Amateur Sports Competitions
NTEE: N70
Latest filing: 2025
Total Revenue$2.2M
Total Expenses$2.1M
Total Assets$1.2M
Grants Given22
Grant Total$311K
Filing Years2021–2025
Where $100 goes at Iowa Harness Racing Association
How Iowa Harness Racing Association divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$100
Programs
the work itself
<$1
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $100 for programs
$100
Sponsor 35 harness horse race meets in iowa
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Given
SUPPORT HORSE RACING
$46,000
SUPPORT HORSE RACING
$26,250
REPAIRS
$21,000
REPAIRS
$19,500
REPAIRS
$19,500
Showing up to 5 of 22 total records — full history available with membership.
Officers & Directors
DIRECTOR
Brad Kohlwes
DIRECTOR
Dana Pederson
DIRECTOR
Earl Mckay Jr
PRESIDENT
John Terry
DIRECTOR
Mark Holtan
TREASURER/DIRECTOR
Steve Shelangoski
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $2.2M | $2.1M | $1.2M |
| 2024 | $2.3M | $2.0M | $1.1M |
| 2023 | $2.1M | $2.1M | $841K |
| 2022 | $2.1M | $2.0M | $845K |
| 2021 | $1.3M | $1.7M | $797K |
Between 2021 and 2025, reported annual revenue grew from $1.3M to $2.2M (+66%), with total assets most recently reported at $1.2M.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in IA.
IA
Full geographic grant map with state-by-state breakdown available with membership.