2025-06-20T11:08:24-05:00 2024-12-31 823749172 FENSTERMACHER & COMPANY PC 3801 KENNETT PIKE BLDG C STE 100 GREENVILLE DE 19807 990 2024-01-01 231573222 PENNSYLVANIA HORSE BREEDERS' ASSOCINC PENN 6104441050 701 E BALTIMORE PIKE STE E PENNSYLVANIA PA 19348 BRIAN N SANFRATELLO EXECUTIVE SECRETARY 6104441050 2025-06-17 1 0 W CHAD FENSTERMACHER CPA P00201432 3024789515 2025-06-09 2024 2025-03-06 01:10:19Z BRIAN N SANFRATELLO 701 E BALTIMORE PIKE KENNETT SQ PA 19348 1469716 0 X WWW.PABRED.COM X 1948 PA PROMOTION AND DEVELOPMENT OF PA RACING COMMISSION BREEDING PROGRAM 14 14 5 0 5400 2769 39625 33550 1399120 1416349 2078 2165 15805 17652 1456628 1469716 85500 35500 0 0 609962 656947 0 0 0 785425 800579 1480887 1493026 -24259 -23310 765532 732664 83696 74138 681836 658526 X PENNSYLVANIA HORSE BREEDERS' ASSOCIATION WAS FOUNDED IN 1948 CREATED TO A)REPRESENT BREEDERS OF THOROUGHBRED HORSES IN PENNSYLVANIA, B) ASSIST MEMBERS IN THE IMPROVEMENT OF THOROUGHBRED BREEDING, C) TO ACCUMULATE, PROCESS AND MAINTAIN NECESSARY STATISTICAL INFORMATION RELATIVE TO BREEDING AND RACING PERFORMANCE OF PA BRED THOROUGHBRED HORSES, D) DEVELOP, ADMINISTER, AND PROMOTE PA BREEDING FUND PROGRAM, E) PROVIDE FACILITIES THROUGH WHICH BREEDERS MAY ACT TOGETHER TO PROMOTE THE THOROUGHBRED INDUSTRY AND F) TO MAINTAIN REGULAR LIASON WITH LOCAL, STATE AND NATIONAL GROUPS AND ORGANIZATIONS INVOLVED IN THOROUGHBRED RACING AND BREEDING. 0 0 PROMOTION AND DEVELOPMENT OF PA RACING COMMISSION BREEDING PROGRAM 0 0 0 1 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 8 0 5 1 1 1 0 0 0 0 0 0 0 X 14 14 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 0 1 1 1 0 X BRIAN SANFRATELLO 6104441050 701 E BALTIMORE PK KENNETT SQUARE PA 19348 GREGORY C NEWELL PE PRESIDENT 1.00 X X 0 0 0 DOUGLAS BLACK VICE-PRESIDENT 1.00 X X 0 0 0 DEANNA MANFREDI PHD SECRETARY 1.00 X X 0 0 0 KATHERINE A RIGHTMYER O'BRIEN TREASURER 1.00 X X 0 0 0 MICHAEL CHOVANES VMD MEMBER-BOARD OF DIRECTORS 1.00 X 0 0 0 PETER GIANGIULIO ESQ MEMBER-BOARD OF DIRECTORS 1.00 X 0 0 0 KATE GOLDENBERG MEMBER-BOARD OF DIRECTORS 1.00 X 0 0 0 BOB GRAHAM MEMBER-BOARD OF DIRECTORS 1.00 X 0 0 0 JUSTINE HOWELL MEMBER-BOARD OF DIRECTORS 1.00 X 0 0 0 ROGER E LEGG ESQ MEMBER-BOARD OF DIRECTORS 1.00 X 0 0 0 ELIZABETH MERRYMAN MEMBER-BOARD OF DIRECTORS 1.00 X 0 0 0 BRIAN C SCHARTZ MEMBER-BOARD OF DIRECTORS 1.00 X 0 0 0 RICHARD SIMOFF MEMBER-BOARD OF DIRECTORS 1.00 X 0 0 0 VINCE TUCCIARONE SR MEMBER-BOARD OF DIRECTORS 1.00 X 0 0 0 BRIAN N SANFRATELLO EXECUTIVE SECRETARY 40.00 X 166704 0 40163 VICKY SHOWE ASSISTANT EXECUTIVE SECRET 40.00 X 101859 0 24536 268563 0 64699 2 0 1 0 0 33550 33550 FEES FROM GOV'T AGENCY 900099 1251892 1251892 REGISTRATION SURCHARGE 900099 89075 89075 PA RACE DAY REIMBURSEM 900099 37849 37849 PA SIRE/STALLION NOMIN 900099 37533 37533 1416349 2165 2165 2078 0 2078 2078 IROQUOIS BANQUET 900099 8450 8450 ADVERTISING 541800 5400 5400 MISCELLANEOUS 900099 1724 1724 15574 1469716 1426523 5400 4243 X 35500 333262 197601 28520 60983 36581 78164 27750 4112 236191 52963 53388 18477 3933 8111 UNRELATED BUSINESS INCO 169 STATE MARKETING FUND EX 88827 IROQUOIS AWARDS BANQUET 43591 PA RACE DAY PROMOTIONAL 40249 144654 1493026 254864 289794 420125 396167 89813 45973 80941 80911 30 30 700 700 765532 732664 74996 55371 8700 18767 83696 74138 X 665036 642415 16800 16111 681836 658526 765532 732664 -23310 0 X X 0 1 X 1 0 1 1 0 641 631 10 69317 69317 0 10983 10963 20 30 X 1471105 1389 1389 1469716 0 1469716 1493726 700 700 1493026 0 1493026 PART X, LINE 2: MANAGEMENT HAS EVALUATED THE POTENTIAL LIABILITY FOR UNCERTAIN TAX PROVISIONS TAKEN FOR FILING WITH THE INTERNAL REVENUE SERVICE AND FOUND IT TO BE ZERO. THEREFORE, NO PROVISION FOR UNCERTAIN TAX PROVISIONS HAS BEEN RECORDED IN THE FINANCIAL STATEMENTS. THE TAX YEARS ENDED DECEMBER 31, 2021 AND THEREAFTER ARE OPEN TO FEDERAL AUDIT. PART XII, LINE 2D - OTHER ADJUSTMENTS: CONTRIBUTIONS WITH DONOR RESTRICTIONS 1 TURNING FOR HOME PO BOX 300 BENSALEM PA 19020 262698385 501(C)(3) 0 15000 ASSURE RETIRED RACE HORSES HAVE A SAFE FUTURE AND A NEW CAREER PA HBPA-NEW START PO BOX 88 GRANTVILLE PA 17028 251596369 501(C)(6) 0 15000 SUPPORT PROGRAM FOR RE-HOMING OF RETIRED RACE HORSES PART II, LINE 1 TURNING FOR HOME AND NEW START PUBLISH ANNUAL REPORTS WHICH ARE MADE AVAILABLE AND WE STAY IN CLOSE CONTACT WITH THESE ORGANIZATIONS ON A REGULAR BASIS. X 0 0 0 BRIAN N SANFRATELLO EXECUTIVE SECRETARY 166704 0 0 0 0 0 33341 0 6822 0 206867 0 0 0 CARLTON SCHOWE HUSBAND OF A CURRENT OFFICER 37556 IT SERVICES 0 FORM 990, PART VI, SECTION A, LINE 6 PHBA HAS ONE CLASS OF MEMBER. MEMBERS ELECT THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS IS ELECTED BY BALLOT BY THE GENERAL MEMBERSHIP AT THE ASSOCIATION'S ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B DISSOLUTION OF THE ASSOCIATION REQUIRES AN AFFIRMATIVE THREE-FOURTHS VOTE OF ITS MEMBERS. AMENDMENTS TO THE ARTICLES OF INCORPORATION AND THE BYLAWS CAN OCCUR WITH AN AFFIRMATIVE TWO-THIRDS VOTE OF VOTING MEMBERS WHO ARE PRESENT. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN PREPARER PROVIDED A DRAFT VERSION OF FORM 990 TO THE PHBA BOARD OF DIRECTORS AND EXECUTIVE SECRETARY FOR REVIEW AND APPROVAL PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C AS PER THE CONFLICT OF INTEREST POLICY, ALL INTERESTED PARTIES ARE UNDER A CONTINUING OBLIGATION TO DISCLOSE ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST AS SOON AS IT IS KNOWN. THE BOARD OF DIRECTORS SHALL DETERMINE THE APPROPRIATE ORGANIZATIONAL RESPONSE TO SUCH CONFLICT OF INTERESTS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF THE TOP MANAGEMENT OFFICIAL IS HANDLED THROUGH THE ANNUAL BUDGETING PROCESS AND REQUIRES APPROVAL BY THE BOARD OF DIRECTORS. COMPENSATORY INCREASES FOR THE OTHER OFFICER AND EMPLOYEES ARE DETERMINED ANNUALLY AND APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 18 ACCORDING TO IRS NOTICE 99-120, IF AN ORGANIZATION FILED ITS APPLICATION BEFORE JULY 15, 1987, IT IS REQUIRED TO MAKE AVAILABLE A COPY OF ITS APPLICATION ONLY IF IT HAS A COPY OF THE APPLICATION ON JULY 15,1987. PHBA DID NOT HAVE A COPY OF THE TAX EXEMPTION APPLICATION, FORM 1024, ON JULY 15, 1987, THEREFORE, PHBA DOES NOT MAKE ITS TAX EXEMPTION APPLICATION AVAILABLE FOR PUBLIC INSPECTION. THE FORM 990 IS AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 PHBA WILL NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FEDERAL LAW DOES NOT REQUIRE THAT SUCH DOCUMENTS BE PUBLICLY AVAILABLE. SUCH DOCUMENTS ARE AVAILABLE TO MEMBERS UPON REQUEST. FORM 990, PART IX, LINE 24E PUBLIC AFFAIRS CONSULTING 34,550. PA SIRED/STALLION SERIES 33,333. WEBSITE DEVELOPMENT 25,000. SUBSCRIPTIONS 20,038. TROPHIES 18,856. RACE HORSE RETIREMENT PROGRAMS 9,889. FIELD INSPECTIONS 2,510. MISCELLANEOUS 478. FORM 990, PART XII, LINE 2C PHBA'S BOARD OF DIRECTORS AND EXECUTIVE SECRETARY ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDITED FINANCIAL STATEMENTS AND THE SELECTION OF THE INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.