2018-11-15T07:40:31-05:00 2017-12-31 134205972 KAHRE & ASSOCIATES PC 1118 N MAIN SUITE A FRANKLIN IN 46131 990 2017-01-01 351494271 QUARTER HORSE RACING ASSOCIATION OF INDIANA INC QUAR PO BOX 399 SHELBYVILLE IN 46176 DIANNE BENNETT EXECUTIVE DIREC 3174594801 2018-11-14 true DAVID A KAHRE CPA P00290096 3177367440 2018-11-15 199.168.78.188 2018-11-15 07:41:42 3557662018319oy4lg32 2018-11-15 P 12FBD9FA7E41DBBBC3F3C5471D07F3684E46430C 12FBD9FA7E41DBBBC3F3C5471D07F3684E46430C 2017 2019-02-21 02:37:17Z DIANNE BENNETT 976169 false X HTTP://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. 15 15 1 0 0 0 957410 974229 1514 1940 0 958924 976169 64725 68899 0 42210 43019 0 0 870777 871186 977712 983104 -18788 -6935 460556 440377 337666 324422 122890 115955 THE ASSOCIATIONS MISSION IS TO PROMOTE THE GROWTH, AND ADVANCEMENT OF QUARTER HORSE RACING, BREEDING, AND OWNERSHIP IN INDIANA. false false 983104 68899 THE ASSOCIATION HAS APPROXIMATELY 250 MEMBERS. THE ASSOCIATION NEGOTIATED AND EXECUTED CONTRACTS FOR THE 2017 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 2017. THE ACTIVITIES CONDUCTED IN 2017 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. 983104 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 9 0 true 1 true false false false false false false X 15 15 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 DICKY BENTON DIRECTOR 1.00 0.00 X 0 0 0 VICKIE DUKE SECRETARY 2.00 0.00 X X 0 0 0 ROGER BEAM TREASURER 2.00 0.00 X X 0 0 0 VICK CONWAY DIRECTOR 1.00 0.00 X 0 0 0 BUTCH YIKE DIRECTOR 1.00 0.00 X 0 0 0 JOHN MCCREARY DIRECTOR 1.00 0.00 X 0 0 0 CHRIS DUKE DIRECTOR 1.00 0.00 X 0 0 0 JIM NOEL DIRECTOR 1.00 0.00 X 0 0 0 JILL PATRICK DIRECTOR 1.00 0.00 X 0 0 0 PAUL MARTIN PRESIDENT 2.00 0.00 X X 0 0 0 JAMES HURLEY DIRECTOR 1.00 0.00 X 0 0 0 STEPHANIE MCCONNELL DIRECTOR 1.00 0.00 X 0 0 0 KARIN YIKE DIRECTOR 1.00 0.00 X 0 0 0 DIANNE BENNETT EXECUTIVE DIRECTOR 50.00 0.00 X X 39800 0 0 TERESA MYERS DIRECTOR 1.00 0.00 X 0 0 0 NICK JOHNSON DIRECTOR 1.00 0.00 X 0 0 0 39800 0 0 0 false false false IC 4-35-7-12 REVENUE 561499 293404 293404 STAKES RACES 561499 337808 337808 SPEED SALE 561499 117845 117845 SSA ENTRY FEES 561499 140394 140394 SSA STUD FEES 561499 58450 58450 26328 26328 974229 1940 1940 976169 974229 0 1940 6000 62899 39800 3219 22477 32567 68015 12639 26318 40640 805 2382 STAKES RACES EXPENSES 484600 484600 SPEED SALE EXPENSES 117181 117181 TROPHIES & AWARDS 24771 24771 STALLION SERVICE AUCTION 12937 12937 25854 983104 0 0 0 75666 60497 383149 378478 4941 3539 1741 1402 460556 440377 337666 324422 337666 324422 X 122890 115955 122890 115955 460556 440377 -6935 0 X X true X false false false true true false 4941 3539 1402 1402 IC 4-35-7-12 RESTRICTED FUND ADV 137388 CONTRACTUAL COMMITMENTS 185774 ACCRUED PAYROLL TAXES 1260 324422 true HORSE ANGELS INC 8262 SWITCHBOARD SPENCER IN 47460 6000 BACKSIDE PROGRAMS BENEVOLENCE 22 26885 EMERGENCY FUND 12 18000 EDUCATION & SCHOLARSHIPS 8 18014 Monitoring procedures (Part I, line 2) THE ASSOCIATION MONITORS THE CONTINUING ACTIVITIES OF THE GRANT RECIPIENTS AND FOLLOWS UP WITH THE GRANT RECIPIENTS REGARDING THE USE OF THE GRANT FUNDS. Members or stockholder classes and rights Part VI line 6 THE ASSOCIATION HAS APPROXIMATELY 250 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. 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.