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SOUTHERN TIER HARNESS HORSEMEN'S ASSOCIATION INC

NICHOLS, NY · EIN 342061791 · Form 990 · FY2023 · NTEE S41 · Community Improvement · Medium ($1M-$10M)
revenue
$1.4M
expenses
$879K
net assets
$794K
employees
0
program ratio
96%
mission · from form 990

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

profile · synthesized from sources

Southern Tier Harness Horsemen's Association Inc promotes the welfare of harness racing in New York and supports its members through economic assistance and training programs. The organization manages the Equisizer, a mechanical training device for horses, and provides financial aid to drivers during difficult economic times. It also engages in advertising to support the harness racing industry.

irs program accomplishments · form 990 part iii · fy2023

What they reported doing

  1. #1 primary $0
    TO PROMOTE THE HARNESS RACING BUSINESS THROUGH ADVERTISING AND AID HORSEMEN & WOMEN IN DIFFICULT ECONOMIC TIMES WITH THE DRIVER SUPPLEMENT PROGRAM AND PENSION PLAN.
  2. #2 $0
    TO PROVIDE ALTERNATE TRAINING & CONDITIONING FOR HORSES WHEN TRACK CONDITIONS ARE UNFAVORABLE BY MANAGING AND MAINTAINING THE EQUISIZER.
named programs · 3 · from sources

What they call their work

Advertising and Promotion of Harness Racing
Conducts advertising initiatives to promote the harness racing industry in New York
Driver Supplement Program
Provides financial assistance to harness racing drivers during periods of economic hardship
Equisizer Maintenance and Operation
Manages and maintains the Equisizer, a mechanical horse-training device used for conditioning horses when track conditions are unfavorable
activities · 2 groups

What they do

  • Equine Rescue and Retirement Care 1 activity
    • Manages and maintains the Equisizer for horse training and conditioning
      Provides alternate training and conditioning for horses during unfavorable track conditions through the operation and maintenance of the Equisizer. The organization reported $88,968 in related expenses in 2020.
  • Equine Industry Representation and Support 1 activity
    • Promotes harness racing business and supports horsemen through advertising and financial assistance programs
      Engages in advertising to promote the harness racing industry and provides financial support to horsemen and women during economic hardship via the Driver Supplement Program. In 2020, $68,256 was spent on this program.
financials · form 990 · fy2023
revenue
Total revenue$1.36M
Contributions & grants$710K52%
Program service revenue$222K16%
Investment income$1K0%
Other revenue$425K
expenses
Total expenses$879K
Program expenses96%
Admin / overhead4%
Fundraising0%
Salaries & benefits$152K
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$794K
Cash$747K
Investments$0
Liabilities$718
Net assets$794K
Liquid reserves10.2 mo
3 years on record · 2020–2023 · YoY revenue +127.2%
leadership · form 990 part vii · fy2023

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
GUY HOWARD TREASURER 10 $18K
board members · 5
  • BRIAN SIGNOR — DIRECTOR
  • COREY BRADEN — DIRECTOR
  • DALE GILMOUR — DIRECTOR
  • MICHAEL SINCLAIR — VICE PRESIDE
  • ROB HARMON — DIRECTOR
relationships · 3

Who they work with

  • Driver Supplement Program Partner — Program providing financial aid to horsemen and women during economic hardship, supported by the organization.
  • Equisizer Partner — Mechanical training device managed and maintained by the organization to provide alternate conditioning for horses.
  • Pension Plan Partner — Benefit program for members, financially supported and administered in conjunction with the organization's initiatives.
strategies · 2

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Economic Support and Industry Promotion
    methodology: economic_support_and_industry_promotion
    By providing direct financial assistance and advertising initiatives, the organization sustains participation and stability in the harness racing industry, particularly during periods of economic hardship, thereby preserving livelihoods and sector resilience.
  • Mechanical Training Continuity
    methodology: mechanical_training_continuity
    By maintaining mechanical training equipment, the organization ensures uninterrupted horse training and conditioning during unfavorable track conditions, which supports long-term horse health and racing readiness.