2024-11-15T12:52:59-05:00 2023-12-31 134205972 KAHRE & ASSOCIATES PC 1118 N MAIN SUITE A FRANKLIN IN 46131 990 2023-01-01 351494271 QUARTER HORSE RACING ASSOCIATION OF INDIANA INC QUAR PO BOX 399 SHELBYVILLE IN 461760399 TERESA MYERS EXECUTIVE DIREC 2607265090 2024-11-15 true true DAVID A KAHRE CPA P00290096 3177367440 2024-11-15 2023 2024-10-15 13:58:12Z TERESA MYERS 1356291 false X HTTPS://INDIANAQUARTERHORSERACING.COM X 1966 IN THE ASSOCIATIONS MISSION IS TO PROMOTE THE GROWTH, AND ADVANCEMENT OF QUARTER HORSE RACING, BREEDING, AND OWNERSHIP IN INDIANA. 12 12 1 0 0 0 1376060 1350938 -14507 5353 0 1361553 1356291 57305 58303 0 42934 17941 0 0 1210349 1222606 1310588 1298850 50965 57441 902906 1022687 652173 714513 250733 308174 THE ASSOCIATIONS MISSION IS TO PROMOTE THE GROWTH, AND ADVANCEMENT OF QUARTER HORSE RACING, BREEDING, AND OWNERSHIP IN INDIANA. false false 1298850 58303 1350938 THE ASSOCIATION HAS APPROXIMATELY 292 MEMBERS. THE ASSOCIATION NEGOTIATED AND EXECUTED CONTRACTS FOR THE 2023 RACING SEASON WITH THE INDIANA TRACKS; SUCCESSFULLY CONDUCTED THE ANNUAL STALLION SERVICE AUCTION (SSA) AND THE RELATED ANNUAL SSA FUTURITY RACES AND SSA DERBY RACES; STAKES RACES; AND PROMOTED THE COMMON BUSINESS INTERESTS OF THE INDIANA QUARTER HORSE INDUSTRY. THE ASSOCIATION RECEIVED APPROVAL FROM THE INDIANA HORSE RACING COMMISSION TO BE A REGISTERED HORSEMENS ASSOCIATION TO RECEIVE FUNDS ON BEHALF OF INDIANA QUARTER HORSE HORSEMEN UNDER INDIANA CODE SECTION 4-35-7-12 FOR 2023. THE ACTIVITIES CONDUCTED IN 2023 WITH FUNDS RECEIVED PURSUANT TO IC 4-35-7-12 INCLUDE:EQUINE PROMOTION,EQUINE RESCUE,BENEVOLENCE,DENTAL AND OPTICAL PROGRAM,EMERGENCY ASSISTANCE,ACCIDENT INSURANCE,HORSEMENS ASSISTANCE,SCHOLARSHIPS,AND ADMINISTRATIVE EXPENSES.ALL FUNDS SPENT PURSUANT TO INDIANA CODE SECTION 4-35-7-12 MUST BE APPROVED BY, OR BE INCLUDED IN THE BUDGET APPROVED BY, THE INDIANA HORSE RACING COMMISSION. 1298850 false false false true false false false false false true false false false true false false false false false false false false false false false false true true false false false false false false false false false false false false false false false false true 17 0 true 1 true false false false false false false false false X 12 12 true false false false true true false true true false false true true true true false false false false false X TERESA MYERS 2607265090 PO BOX 399 SHELBYVILLE IN 461760399 TERESA MYERS SECRETARYINTERIM EXECUTIVE D 40.00 0.00 X X 42600 0 0 DIANNE BENNETT EXECUTIVE DIRECTOR 40.00 0.00 X X 16583 0 0 JESSICA VAZQUEZ DIRECTOR 1.00 0.00 X 2000 0 0 ROGER BEAM DIRECTOR 1.00 0.00 X 750 0 0 TIM EGGLESTON DIRECTOR 1.00 0.00 X 0 0 0 PAM HANN DIRECTOR 1.00 0.00 X 0 0 0 GARY FOUTS DIRECTOR 0.00 1.00 X 0 0 0 TYLER MARTIN DIRECTOR 0.00 0.00 X 0 0 0 NATASHA PEREZ DIRECTOR 1.00 0.00 X 0 0 0 VICKIE DUKE DIRECTOR 1.00 0.00 X 0 0 0 JILL PATRICK DIRECTOR 1.00 0.00 X 0 0 0 NICK JOHNSON DIRECTOR 1.00 0.00 X 0 0 0 CHRIS DUKE PRESIDENT 4.00 0.00 X X 0 0 0 ABBIE HAFFNER DIRECTORSECRETARY 2.00 0.00 X X 0 0 0 STEPHANIE MCCONNELL DIRECTORVICE PRESIDENT 1.00 0.00 X X 0 0 0 JAMES HURLEY TREASURER 2.00 0.00 X X 0 0 0 PAUL MARTIN PRESIDENT 2.00 0.00 X 0 0 0 61933 0 0 0 false false false IC 4-35-7-12 REVENUE 561499 308064 308064 STAKES RACES 561499 655184 655184 SPEED SALE 561499 166599 166599 SSA ENTRY FEES 561499 57640 57640 SSA STUD FEES 561499 136300 136300 27151 27151 1350938 5353 5353 1356291 1350938 0 5353 15000 43303 16583 1358 21478 43000 58600 52208 25336 25520 34783 2352 1363 STAKES RACES EXPENSES 568360 568360 SPEED SALE EXPENSES 172487 172487 SSA RACES EXPENSES 136770 136770 TROPHIES & AWARDS 32844 32844 47505 1298850 0 0 0 271348 627036 1016017 5082 2087 3550 2995 972 3675 902906 1022687 652173 714513 652173 714513 X 250733 308174 250733 308174 902906 1022687 57441 0 X X true X false false false true false false 5082 2087 2995 2995 IC 4-35-7-12 RESTRICTED FUND ADV 407205 CONTRACTUAL COMMITMENTS 307266 ACCRUED PAYROLL TAXES 42 714513 true HORSE ANGELS INC 8262 SWITCHBOARD SPENCER IN 47460 141927122 501C3 9000 BACKSIDE PROGRAMS OTTO THORWARTH MINISTRIES INC PO BOX 274 FAIRLAND IN 46126 853349314 501C3 6000 RELIGIOUS PURPOSES BENEVOLENCE 21 25303 EMERGENCY FUND 5 7000 SCHOLARSHIPS 7 11000 Officer directors etc family relationship Part VI line 2 CHRIS DUKE IS THE SON OF VICKIE DUKE. BOTH WERE ON THE BOARD IN 2023. TYLER MARTIN IS THE SON OF PAUL MARTIN. EACH WAS ON THE BOARD FOR A PART OF 2023. ABBIE HAFFNER IS THE NIECE OF TERESA MYERS. BOTH WERE ON THE BOARD IN 2023. Members or stockholder classes and rights Part VI line 6 THE ASSOCIATION HAS APPROXIMATELY 292 MEMBERS. Member election for additional members Part VI line 7a MEMBERS ELECT THE BOARD OF DIRECTORS ANNUALLY TO FILL OPEN POSITIONS. DIRECTORS ARE ELECTED TO A THREE YEAR TERM. Governing body meeting documentation Part VI line 8a MONTHLY BOARD MINUTES ARE KEPT DUCUMENTING EACH MONTHLY BOARD MEETING. THESE ARE AVAILABLE FOR PUBLIC INSPECTION AND ARE POSTED ON THE ORGANIZATIONS WEBSITE. Committee meeting documentation Part VI line 8b MONTHLY BOARD MINUTES ARE KEPT DUCUMENTING EACH MONTHLY BOARD MEETING. THE MINUTES INCLUDE ACTIONS OF COMMITTEES. THESE ARE AVAILABLE FOR PUBLIC INSPECTION AND ARE POSTED ON THE ORGANIZATIONS WEBSITE. Form 990 governing body review Part VI line 11 THE FORM 990 IS REVIEWED AND APPROVED BY MEMBERS OF THE ASSOCIATIONS BOARD OF DIRECTORS PRIOR TO FILING. Conflict of interest policy compliance Part VI line 12c THE ASSOCIATIONS BOARD MEMBERS MUST SIGN AN AFFIRMATION THAT THEY HAVE COMPLIED WITH THE ASSOCIATIONS CONFLICT OF INTEREST POLICY. Governing documents etc available to public Part VI line 19 THE ASSOCIATIONS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. Other or change in accounting method Part XII line 1 THE ORGANIZATION USES THE MODIFIED CASH BASIS OF ACCOUNTING.