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

Mission

SUPPORT AND PROMOTE HARNESS HORSE RACING IN IOWA

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

MAINTENACE
$141,400 8 grants
REPAIRS
$78,000 4 grants
SUPPORT HORSE RACING
$72,250 2 grants
MAINTENANCE
$19,500 3 grants

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.

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