STRATEGY STUDIO / PUBLIC DATA EXPLORER

FLORIDA HORSEMENS CHARITABLE FOUNDATION INC: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
FLORIDA HORSEMENS CHARITABLE FOUNDATION INC (EIN 30-0052881)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-07-02
IRS object ID
202411849349100206
Schema version
2023v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-07-02T12:53:33-04:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN262884272PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1GEGOREK & COMPANY PABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1136 HEATHER DRAddressLine1Txt
CityQUEENSTOWNCityNm
State AbbreviationMDStateAbbreviationCd
ZIP216581194ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN300052881EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FLORIDA HORSEMEN'S CHARITABLEBusinessNameLine1Txt
Business Name Line2FOUNDATION INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlFLORBusinessNameControlTxt
Phone9544573516PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 3507AddressLine1Txt
CityHALLANDALE BEACHCityNm
State AbbreviationFLStateAbbreviationCd
ZIP330083507ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonHERB OSTERPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone9544573516PhoneNum
Signature2024-02-19SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstANDYPersonFirstNm
Person LastBELIFOREPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCRAIG S GEGOREKPreparerPersonNm
PTINP00237232PTIN
Phone4108234040PhoneNum
Preparation2024-07-02PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$592,639FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$834,239ContriRcvdRevAndExpnssAmt
Total Rev And Expnss$834,239TotalRevAndExpnssAmt
Total Net Invst Incm$0TotalNetInvstIncmAmt
Other Expenses Rev And Expnss$87,513OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$87,513TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$1,182,424ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$1,182,424ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$1,269,937TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$1,182,424TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$435,698ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$1,030,306CashBOYAmt
Cash EOY$592,639CashEOYAmt
Cash EOYFMV$592,639CashEOYFMVAmt
Total Assets BOY$1,030,306TotalAssetsBOYAmt
Total Assets EOY$592,639TotalAssetsEOYAmt
Total Assets EOYFMV$592,639TotalAssetsEOYFMVAmt
Other Liabilities BOY$6,218OtherLiabilitiesBOYAmt
Other Liabilities EOY$4,249OtherLiabilitiesEOYAmt
Total Liabilities BOY$6,218TotalLiabilitiesBOYAmt
Total Liabilities EOY$4,249TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$1,024,088NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$588,390NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$1,024,088TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$588,390TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,030,306TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$592,639TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,024,088TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$435,698ExcessRevenueOverExpensesAmt
Subtotal$588,390SubtotalAmt
Tot Net Ast Or Fund Balances EOY$588,390TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressNONEWebsiteAddressTxt
Individual With BooksHERB OSTERIndividualWithBooksNm
Phone9544573516PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 3507AddressLine1Txt
CityHALLANDALE BEACHCityNm
State AbbreviationFLStateAbbreviationCd
ZIP330083507ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (15 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
KATHY DAVEY
901 SOUTH FEDERAL HIGHWAYHALLANDALE BEACHFL330091ST VICE PRE2.00$0$0$0
TOM CANNELL
901 SOUTH FEDERAL HIGHWAYHALLANDALE BEACHFL33009TREASURER2.00$0$0$0
HERB OSTER
PO BOX 3507HALLANDALE BEACHFL330083507EXECUTIVE DI50.00$0$0$0
CHESTER BISHOP
901 SOUTH FEDERAL HIGHWAYHALLANDALE BEACHFL33009DIRECTOR1.00$0$0$0
JOE ORSENO
901 SOUTH FEDERAL HIGHWAYHALLANDALE BEACHFL33009PRESIDENT2.00$0$0$0
DAVID FAWKES
901 SOUTH FEDERAL HIGHWAYHALLANDALE BEACHFL33009DIRECTOR1.00$0$0$0
RON SPATZ
901 SOUTH FEDERAL HIGHWAYHALLANDALE BEACHFL33009DIRECTOR1.00$0$0$0
ADAM LAZARUS
901 SOUTH FEDERAL HIGHWAYHALLANDALE BEACHFL33009DIRECTOR1.00$0$0$0
TERESA PALMER
901 SOUTH FEDERAL HIGHWAYHALLANDALE BEACHFL33009DIRECTOR1.00$0$0$0
PATRICK BIANCONE
901 SOUTH FEDERAL HIGHWAYHALLANDALE BEACHFL33009DIRECTOR1.00$0$0$0
GERARDO AMADO
901 SOUTH FEDERAL HIGHWAYHALLANDALE BEACHFL33009DIRECTOR1.00$0$0$0
JEFFREY SISKIN
901 SOUTH FEDERAL HIGHWAYHALLANDALE BEACHFL33009DIRECTOR1.00$0$0$0
TERRI POMPAY
901 SOUTH FEDERAL HIGHWAYHALLANDALE BEACHFL33009DIRECTOR1.00$0$0$0
BRIAN COHEN
901 SOUTH FEDERAL HIGHWAYHALLENDALE BEACHFL33009DIRECTOR1.00$0$0$0
DAVID ROUSSO
901 SOUTH FEDERAL HIGHWAYHALLENDALE BEACHFL330092ND VICE PRE2.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1THOROUGHBRED AFTERCARE ALLIANCEDescription1Txt
Expenses1$275,000Expenses1Amt
Description2FLORIDA THOROUGHBRED RETIREMENTDescription2Txt
Expenses2$215,550Expenses2Amt
Description3MEDICAL & DENTAL BENEVOLANCEDescription3Txt
Expenses3$207,852Expenses3Amt
Description4HIS PLACE MINISTRIESDescription4Txt
Expenses4$123,258Expenses4Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$813,987AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$813,987TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$813,987AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$12,210CashDeemedCharitableAmt
Net Vl Noncharitable Assets$801,777NetVlNoncharitableAssetsAmt
Minimum Investment Return$40,089MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$40,089MinimumInvestmentReturnAmt
Distributable Before Adj$40,089DistributableBeforeAdjAmt
Distributable Before Ded$40,089DistributableBeforeDedAmt
Distributable As Adjusted$40,089DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$1,182,424ExpensesAndContributionsAmt
Qualifying Distributions$1,182,424QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$40,089DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$1,007,647ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$737,976ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$1,006,678ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$1,019,863ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$1,005,210ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$4,777,374TotalExcessDistributionCyovAmt
Qualifying Distributions$1,182,424QualifyingDistributionsAmt
Applied To Current Year$40,089AppliedToCurrentYearAmt
Remaining Distri From Corpus$1,142,335RemainingDistriFromCorpusAmt
Total Corpus$5,919,709TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$1,007,647ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$4,912,062ExcessDistriCyovToNextYrAmt
Excess From Year4$737,976ExcessFromYear4Amt
Excess From Year3$1,006,678ExcessFromYear3Amt
Excess From Year2$1,019,863ExcessFromYear2Amt
Excess From Year1$1,005,210ExcessFromYear1Amt
Excess From Current Year$1,142,335ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (9 entries)

Address Line1RecipientUSAddress/AddressLine1TxtAddress Line2RecipientUSAddress/AddressLine2TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
HIS PLACE MINISTRIES
7020 PINES BLVD7020 PINES BLVDPEMBROKE PINESFL33024NONEPCCHARITABLE$123,258
FL THOROOUGHBRED RETIREMENT
901 S FEDERAL HIGHWAY901 S FEDERAL HIGHWAYHALLANDALE BEACHFL33009PCCHARITABLE$215,550
PERMANENTLY DISABLED JOCKY'S FUND
PO BOX 803PO BOX 803ELMHURSTIL60126NONEPCCHARITABLE$500
MEDICALDENTAL VARIOUS INDIVIDUALS
PO BOX 3507PO BOX 3507HALLANDALE BEACHFL33008NONEPCCHARITABLE$207,852
SCHOLARSHIPS VARIOUS INDIVIDUALS
PO BOX 3507PO BOX 3507HALLANDALE BEACHFL33008NONEPCCHARITABLE$65,131
OPTICAL - VARIOUS INDIVIDUALS
PO BOX 3507PO BOX 3507HALLANDALE BEACHFL33008NONEPCCHARITABLE$18,483
BENEVOLENCE - VARIOUS INDIVIDUALS
PO BOX 3507PO BOX 3507HALLANDALE BEACHFL33008NONEPCCHARITABLE$21,823
CHARITABLE - VARIOUS
POBOX 3507HALLANDALE BEACHFL33008NONEPCCHARITABLE$254,827
THOROUGHBRED AFTERCARE ALLIANCE
821 CORPORATE DRIVELEXINGTONKY40503NONEPCCHARITIABLE$275,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$1,182,424TotalGrantOrContriPdDurYrAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp (2 entries)

ContributorContributorNumBusiness Name Line2ContributorBusinessName/BusinessNameLine2TxtAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionInd
FLORIDA HORSEMEN'S BENEVOLENT AND
1PROTECTIVE ASSOC INC DBA FTHAPO BOX 3507HALLANDALE BEACHFL330083507$400,000Yes (X)
FLORIDA HORSEMEN'S PURSE ACCOUNT
2PO BOX 3507HALLANDALEFL330083507$429,640Yes (X)

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
EXPENSES
ACCOUNTING$19,225
ADMINISTRATIVE/OFFICE$61
BANK CHARGES$39
FOOD VOUCHERS$18,470
VANNING$47,872
VETERINARY$1,846

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

FieldValueIRS element (for citing)
DescCREDIT CARDDesc
BOY Book Value$6,218BOYBookValueAmt
EOY Book Value$4,249EOYBookValueAmt