2015-11-16T09:40:57-05:00 2014-12-31 134205972 KAHRE & ASSOCIATES PC 1118 N MAIN SUITE A FRANKLIN IN 46131 990 2014-01-01 351494271 QUARTER HORSE RACING ASSOCIATION OF INDIANA INC QUAR PO BOX 307 LEBANON IN 46052 MICHAEL D GROSS TREASURER 7654821213 2015-11-16 true DAVID A KAHRE CPA P00290096 3177367440 2015-11-16 2014 2016-02-25 16:41:14Z DIANNE BENNETT 949889 false X HTTP://WWW.INDIANAQUARTERHORSERACING.COM X 1966 IN THE ASSOCIATION'S MISSION IS TO PROMOTE THE GROWTH, AND ADVANCEMENT OF QUARTER HORSE RACING, BREEDING, AND OWNERSHIP IN INDIANA. 14 14 3 14 0 0 0 919849 948332 227 1557 0 920076 949889 95930 110630 0 42232 49497 0 0 765358 767142 903520 927269 16556 22620 396373 386687 309478 277172 86895 109515 THE ASSOCIATION'S MISSION IS TO PROMOTE THE GROWTH, AND ADVANCEMENT OF QUARTER HORSE RACING, BREEDING, AND OWNERSHIP IN INDIANA. false false 927269 THE ASSOCIATION HAS APPROXIMATELY 300 MEMBERS. THE ASSOCIATION NEGOTIATED AND EXECUTED CONTRACTS FOR THE 2014 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 HORSEMEN'S ASSOCIATION TO RECEIVE FUNDS ON BEHALF OF INDIANA QUARTER HORSE HORSEMEN UNDER INDIANA CODE SECTION 4-35-7-12 FOR 2014. THE ACTIVITIES CONDUCTED IN 2014 WITH FUNDS RECEIVED PURSUANT TO IC 4-35-7-12 INCLUDE:EQUINE PROMOTION,EQUINE RESCUE,BENEVOLENCE,DENTAL AND OPTICAL PROGRAM,EMERGENCY ASSISTANCE,ACCIDENT INSURANCE,HORSEMEN'S 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. 927269 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 8 0 true 3 true false false false false false false X 14 14 false false false false true true false true true false false true true true true false false false false false IN X MICHAEL D GROSS 7654821213 PO BOX 307 LEBANON IN 46052 ROGER LEWIS PRESIDENT 4.00 0.00 X X 0 0 0 VICKIE DUKE SECRETARY 2.00 0.00 X X 0 0 0 MICHAEL D GROSS TREASURER 4.00 0.00 X X 0 0 0 PAUL MARTIN VICE PRESIDENT 2.00 0.00 X X 0 0 0 TINA CLEARY DIRECTOR 1.00 0.00 X 0 0 0 ROBIN SURFACE DIRECTOR 1.00 0.00 X 0 0 0 GARY SMITH DIRECTOR 1.00 0.00 X 0 0 0 RON HAYNES DIRECTOR 1.00 0.00 X 0 0 0 BUTCH YIKE DIRECTOR 1.00 0.00 X 0 0 0 VICK CONWAY DIRECTOR 1.00 0.00 X 0 0 0 DICKY BENTON DIRECTOR 1.00 0.00 X 0 0 0 DEAN GIBBS DIRECTOR 1.00 0.00 X 0 0 0 RANDY HAFFNER DIRECTOR 1.00 0.00 X 0 0 0 DIANNE BENNETT DIRECTOR 1.00 0.00 X 0 0 0 MARGARET THOMPSON TRUSTEE 4.00 0.00 X 3600 0 0 MICHELLE COLLINS EXECUTIVE DIRECTOR 40.00 0.00 X 18883 0 0 DANIELLE BRYAN EXECUTIVE DIRECTOR 40.00 0.00 X 7982 0 0 30465 0 0 0 false false false IC 4-35-7-12 REVENUE 561499 293019 293019 STAKES RACES 561499 428475 428475 SPEED SALE 561499 155057 155057 COMMITMENT FEES 561499 25217 25217 SIMULCAST REVENUE 561499 17658 17658 28906 28906 948332 1557 1557 949889 948332 0 1557 21400 89230 37508 7982 4007 725 9110 37492 42609 11846 33128 43031 1121 2213 STAKES RACES EXPENSES 393047 393047 SPEED SALE EXPENSES 142971 142971 TROPHIES & AWARDS 7484 7484 COMMUNICATIONS 3710 3710 38655 927269 0 0 0 12307 29747 380845 353832 7366 4258 3221 3108 396373 386687 309478 277172 309478 277172 X 86895 109515 86895 109515 396373 386687 22620 0 X true X false false false false true false 7366 4258 3108 3108 IC 4-35-7-12 RESTRICTED FUND ADV 117169 CONTRACTUAL COMMITMENTS 156699 ACCRUED PAYROLL TAXES 3304 277172 true INDIANA GRAND 4200 NORTH MICHIGAN ROAD SHELBYVILLE IN 46176 17400 BACKSIDE PROGRAMS BENEVOLENCE 38 50320 EMERGENCY FUND 5 9450 EDUCATION & SCHOLARSHIPS 8 23139 QUARTER HORSE RETIREMENT 1 6000 BACKSIDE PROGRAMS 1 321 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 300 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 PERTINENT MEMBERS OF THE ASSOCIATION'S BOARD OF DIRECTORS PRIOR TO FILING. Conflict of interest policy compliance Part VI line 12c THE ASSOCIATION'S BOARD MEMBERS MUST SIGN AN AFFIRMATION THAT THEY HAVE COMPLIED WITH THE ASSOCIATION'S CONFLICT OF INTEREST POLICY. Governing documents etc available to public Part VI line 19 THE ASSOCIATION'S GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC AT THE INDIANA SECRETARY OF STATE WEBSITE HTTP://WWW.IN.GOV/SOS/BUSINESS/INDEX.HTM