2021-11-13T11:54:16-05:00 2020-12-31 134205972 KAHRE & ASSOCIATES PC 1118 N MAIN SUITE A FRANKLIN IN 46131 990 2020-01-01 351494271 QUARTER HORSE RACING ASSOCIATION OF INDIANA INC QUAR PO BOX 399 SHELBYVILLE IN 46176 DIANNE BENNETT EXECUTIVE DIREC 3174594801 2021-11-12 true DIANNE BENNETT DAVID A KAHRE CPA P00290096 3177367440 2021-11-13 0 00 AAL1 IAL1 2020 2022-09-23 18:48:47Z DIANNE BENNETT 1275190 false X WWW.INDIANAQUARTERHORSERACING.COM X 1966 IN THE ASSOCIATIONS MISSION IS TO PROMOTE THE GROWTH, AND ADVANCEMENT OF QUARTER HORSE RACING, BREEDING, AND OWNERSHIP IN INDIANA. 13 13 1 13 0 0 0 1049403 1019608 6554 4582 0 1055957 1024190 50383 45452 0 42934 42934 0 0 957471 912174 1050788 1000560 5169 23630 531235 573841 405314 424290 125921 149551 THE ASSOCIATIONS MISSION IS TO PROMOTE THE GROWTH, AND ADVANCEMENT OF QUARTER HORSE RACING, BREEDING, AND OWNERSHIP IN INDIANA. false false 1000560 45452 THE ASSOCIATION HAS APPROXIMATELY 260 MEMBERS. THE ASSOCIATION NEGOTIATED AND EXECUTED CONTRACTS FOR THE 2020 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; 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 2020. THE ACTIVITIES CONDUCTED IN 2020 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. 1000560 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 12 0 true 1 true false false false false false false false false X 13 13 false false false false true true false true true false false true true true true false false false false false IN X DIANNE BENNETT 3174594801 PO BOX 399 SHELBYVILLE IN 46176 DIANNE BENNETT EXECUTIVE DIRECTOR 40.00 0.00 X X 39800 0 0 TERESA MYERS SECRETARY 2.00 0.00 X X 6000 0 0 MARK MICHEL DIRECTOR 1.00 0.00 X 0 0 0 NICK JOHNSON DIRECTOR 1.00 0.00 X 0 0 0 STEPHANIE MCCONNELL DIRECTOR 1.00 0.00 X 0 0 0 JILL PATRICK DIRECTOR 1.00 0.00 X 0 0 0 ROGER BEAM DIRECTOR 1.00 0.00 X 0 0 0 VICKIE DUKE DIRECTOR 1.00 0.00 X 0 0 0 VICK CONWAY DIRECTOR 1.00 0.00 X 0 0 0 JIM NOEL DIRECTOR 1.00 0.00 X 0 0 0 PAM HANN DIRECTOR 1.00 0.00 X 0 0 0 CHRIS DUKE VICE PRESIDENT 2.00 0.00 X X 0 0 0 PAUL MARTIN PRESIDENT 2.00 0.00 X X 0 0 0 JAMES HURLEY TREASURER 2.00 0.00 X X 0 0 0 45800 0 0 0 false false false IC 4-35-7-12 REVENUE 561499 228351 228351 STAKES RACES 561499 412909 412909 SPEED SALE 561499 205730 205730 SSA ENTRY FEES 561499 61874 61874 SSA STUD FEES 561499 88875 88875 21869 21869 1019608 4582 4582 251000 251000 1024190 1019608 0 4582 6000 39452 39800 3134 2675 20510 15659 36300 30328 14483 16236 29296 366 2546 STAKES RACES EXPENSES 364100 364100 SPEED SALE EXPENSES 214050 214050 SSA RACES EXPENSES 111160 111160 TROPHIES & AWARDS 34647 34647 19818 1000560 0 0 0 82491 116723 448397 197538 1774 1599 347 175 256099 3306 531235 573841 405314 424290 405314 424290 X 125921 149551 125921 149551 531235 573841 23630 0 X X true X false false false true false false 1774 1599 175 175 IC 4-35-7-12 RESTRICTED FUND ADV 197538 CONTRACTUAL COMMITMENTS 225712 ACCRUED PAYROLL TAXES 1040 424290 true HORSE ANGELS INC 8262 SWITCHBOARD SPENCER IN 47460 141927122 501C3 6000 BACKSIDE PROGRAMS BENEVOLENCE 23 27952 EMERGENCY FUND 7 4000 SCHOLARSHIPS 5 7500 Members or stockholder classes and rights Part VI line 6 THE ASSOCIATION HAS APPROXIMATELY 260 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. 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. 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.