Public Charity

SOUTHERN TIER HARNESS HORSEMEN'S ASSOCIATION INC

SOUTHERN TIER HARNESS HORSEMEN'S ASSOCIATION INC is a Public Charity headquartered in NICHOLS, NY. Financial data from the 2023 filing: $1.4M revenue, $879K expenses, $794K total assets. 2 publicly reported grants to this organization, totaling roughly $18K, appear in IRS filings.

EIN: 342061791 NICHOLS, NY Chambers of Commerce & Business Leagues NTEE: S41 Latest filing: 2023
Total Revenue$1.4M
Total Expenses$879K
Total Assets$794K
Grant Records2
Funding Total$18K
Filing Years2019–2023

Mission

TO PROMOTE THE WELFARE OF HARNESS RACING IN NEW YORK, AND IN DOING SO PROMOTE THE WELFARE OF OUR MEMBERS.

Where $100 goes at Southern Tier Harness Horsemen's Association Inc

How Southern Tier Harness Horsemen's Association Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$97 Programs the work itself
$3 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 $97 for programs

$25
To provide affordable health insurance to horsemen competing at tioga downs raceway
25% of program spending
$24
To promote the harness racing business through advertising and aid horsemen & women in difficult economic times with the driver supplement program and pension plan
25% of program spending
$24
To provide alternate training & conditioning for horses when track conditions are unfavorable by managing and maintaining the equisizer
25% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2023. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Brian Signor
DIRECTOR Corey Braden
DIRECTOR Dale Gilmour
TREASURER Guy Howard
DIRECTOR John Hallett
SECRETARY Lourie Poulin

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$17,500 2 grants

Financial Trends

Year Revenue Expenses Assets
2023 $1.4M $879K $794K
2022 $598K $592K $314K
2021 $563K $526K $307K
2020 $374K $393K $270K
2019 $550K $560K $289K

Between 2019 and 2023, reported annual revenue grew from $550K to $1.4M (+147%), with total assets most recently reported at $794K.

Interactive year-over-year charts and full filing details available with membership.

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