2025-11-14T06:44:28-05:00 2024-12-31 134205972 KAHRE & ASSOCIATES PC 1118 N MAIN SUITE A FRANKLIN IN 46131 990 2024-01-01 351494271 QUARTER HORSE RACING ASSOCIATION OF INDIANA INC % TERESA MYERS QUAR 2607265090 PO BOX 399 SHELBYVILLE IN 461760399 TERESA MYERS EXECUTIVE DIRECTOR 2607265090 2025-11-13 true true DAVID A KAHRE CPA P00290096 3177367440 2025-11-14 2024 2025-03-06 01:10:19Z TERESA MYERS PO BOX 399 SHELBYVILLE IN 461760399 1475819 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 1350938 1461581 5353 14238 0 1356291 1475819 58303 66283 0 17941 66364 0 0 1222606 1332294 1298850 1464941 57441 10878 1022687 1137277 714513 818225 308174 319052 THE ASSOCIATIONS MISSION IS TO PROMOTE THE GROWTH, AND ADVANCEMENT OF QUARTER HORSE RACING, BREEDING, AND OWNERSHIP IN INDIANA. false false 1464941 66283 1461581 THE ASSOCIATION HAS APPROXIMATELY 305 MEMBERS. THE ASSOCIATION NEGOTIATED AND EXECUTED CONTRACTS FOR THE 2024 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 2024. THE ACTIVITIES CONDUCTED IN 2024 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. 1464941 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 10 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 EXECUTIVE DIRECTOR 40.00 0.00 X X 63100 0 0 VICKIE DUKE DIRECTOR 1.00 0.00 X 0 0 0 CHRIS DUKE PRESIDENT 4.00 0.00 X X 0 0 0 JILL PATRICK DIRECTOR 1.00 0.00 X 0 0 0 JAMES HURLEY TREASURER 2.00 0.00 X X 0 0 0 NICK JOHNSON VICE PRESIDENT 1.00 0.00 X X 0 0 0 TIM EGGLESTON DIRECTOR 1.00 0.00 X 0 0 0 PAM HANN DIRECTOR 1.00 0.00 X 0 0 0 TYLER MARTIN DIRECTOR 1.00 0.00 X 0 0 0 GARY FOUTS DIRECTOR 1.00 0.00 X 0 0 0 ABBIE HAFFNER SECRETARY 2.00 0.00 X X 0 0 0 NATASHA PEREZ DIRECTOR 1.00 0.00 X 0 0 0 OSCAR PRECIADO DIRECTOR 1.00 0.00 X 0 0 0 SHAWNA MARTIN DIRECTOR 1.00 0.00 X 0 0 0 63100 0 0 0 false false false IC 4-35-7-12 REVENUE 561499 335499 335499 STAKES RACES 561499 678261 678261 SPEED SALE 561499 195477 195477 SSA ENTRY FEES 561499 85959 85959 SSA STUD FEES 561499 129748 129748 36637 36637 1461581 14238 14238 0 1475819 1461581 0 14238 15000 51283 63100 3264 7684 24180 42659 16000 51451 34409 31269 41281 1499 1691 STAKES RACES EXPENSES 636005 636005 SPEED SALE EXPENSES 192060 192060 SSA RACES EXPENSES 152383 152383 TROPHIES & AWARDS 38658 38658 61065 1464941 0 0 0 1016017 1122153 4118 1711 2995 2407 3675 12717 1022687 1137277 714513 818225 714513 818225 X 308174 319052 308174 319052 1022687 1137277 10878 0 X X true X false false false true false false 4118 1711 2407 2407 IC 4-35-7-12 RESTRICTED FUND ADV 406814 CONTRACTUAL COMMITMENTS SSA RACES 328901 CONTRACTUAL COMMITMENTS STAKES RACE 81200 ACCRUED PAYROLL TAXES 1310 818225 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 25 29783 EMERGENCY FUND 4 7500 SCHOLARSHIPS 9 14000 Officer directors etc family relationship Part VI line 2 CHRIS DUKE IS THE SON OF VICKIE DUKE. BOTH WERE ON THE BOARD IN 2024. TYLER MARTIN AND SHAWNA MARTIN SERVE ON THE BOARD, AND ARE THE CHILDREN OF PAUL MARTIN, A FORMER BOARD MEMEBER. ABBIE HAFFNER IS THE NIECE OF TERESA MYERS. BOTH WERE ON THE BOARD IN 2024. Members or stockholder classes and rights Part VI line 6 THE ASSOCIATION HAS APPROXIMATELY 305 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.