NonprofitsKentucky Racing Health And Welfare Fund Inc

Kentucky Racing Health And Welfare Fund Inc

LOUISVILLE, KY

Total revenue

$2.3M

Total expenses

$1.9M

Net assets

$9.3M

Grants received

$2K

1 grants

EIN

610958300

Tax year

2024

Mission

To benefit, aid, relief, and assist racing personnel employed in horse racing.

Programs

1 program

Grant to kentucky race track retirement plan to provide retirement benefits to racing personnel employed in connection with horse racing.

Expenses: $103KGrants: $103K

Financials

FY 2024

Revenue

Contributions & grants$2.0M
Program service revenue
Investment income$321K
Other revenue
Total revenue$2.3M

Expenses

Grants paid$1.1M
Salaries & benefits$541K
Fundraising
Other expenses$297K
Total expenses$1.9M
Total assets$9.3M
Net assets$9.3M

People

7 listed

NameRoleCompensation

RICHARD P RIEDEL

EXECUTIVE DIRECTOR

Board

$169K

40 hrs/wk

CAROL HEBEL

SECRETARY

Board

0

RICK HILES

CHAIRMAN

Board

0

RANDY SCHEEN

VICE CHAIRMAN

Board

0

DONNA WARD

DIRECTOR

Board

0

MARK BACON

DIRECTOR

Board

0

BURR TRAVIS

TREASURER

Board

0

Grants received

Showing 1 of 1

FromAmountPurposeYear
$2K
to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities.
2020

Funded by

$2K from 1 funder · 1 grant · 2020

Details

EIN610958300
Subsection03
Ruling date1980-03
Formed1978
Employees9
Volunteers0
KENTUCKY RACING HEALTH AND WELFARE FUND INC — Mission, Financials & Grants Received | Grantivo