NonprofitsFar Hills Race Meeting Association Inc

Far Hills Race Meeting Association Inc

FAR HILLS, NJ

Total revenue

$4.1M

Total expenses

$3.9M

Net assets

$7.7M

Grants received

EIN

222529715

Tax year

2024

Mission

The organization holds a one day steeplechase event annually. The largest individual beneficiary of the event is the somerset medical health care foundation, a recognized section 501(c)(3) non profit entity. At the discretion of the board of trustees, the organization also supports other recognized 501(c)(3) non-profit organizations.

Financials

FY 2024

Revenue

Contributions & grants$158K
Program service revenue$3.8M
Investment income$135K
Other revenue$18K
Total revenue$4.1M

Expenses

Grants paid$492K
Salaries & benefits
Fundraising
Other expenses$3.4M
Total expenses$3.9M
Total assets$7.8M
Net assets$7.7M

People

6 listed

NameRoleCompensation

RONALD A KENNEDY

TRUSTEE/CO-CHAIRMAN

Board

10 hrs/wk

GUY J TORSILIERI

TRUSTEE/CO-CHAIRMAN

Board

10 hrs/wk

ANTHONY KNAPP

TRUSTEE

Board

1 hrs/wk

DOUGLAS SCHER

TRUSTEE

Board

1 hrs/wk

REESE E HOWARD JR

TRUSTEE

Board

1 hrs/wk

JOHN MORRIS

TRUSTEE

Board

1 hrs/wk

Details

EIN222529715
Subsection03
Ruling date1987-06
Formed1984
Employees2
Volunteers400
FAR HILLS RACE MEETING ASSOCIATION INC — Mission, Financials & Grants Received | Grantivo