2025-10-24T09:06:02-05:00 2024-12-31 410746749 CLIFTONLARSONALLEN LLP 901 VIA PIEMONTE SUITE 300 ONTARIO CA 91764 990 2024-01-01 953946289 CALIFORNIA THOROUGHBRED TRAINERS CALI 6264472145 PO BOX 660039 ARCADIA CA 910660039 ALAN BALCH EXECUTIVE DIRECTOR 6264472145 2025-10-24 1 1 CASIE ZWAHLEN CPA P02291311 9099857286 2025-10-24 2024 2025-03-06 01:10:19Z ALAN BALCH PO BOX 660039 ARCADIA CA 910660039 3903484 0 X WWW.CALTRAINERS.ORG X 1983 CA TO FOSTER AND PROMOTE A HEALTHY ECONOMIC CLIMATE AND PUBLIC ACCEPTANCE OF THOROUGHBRED HORSE RACING. 9 9 20 9 0 0 27500 32500 3572141 3360583 100678 349834 0 49748 3700319 3792665 0 0 0 0 2668937 2905958 0 0 0 874354 798468 3543291 3704426 157028 88239 2937492 3170612 2467205 2609490 470287 561122 X TO FOSTER AND PROMOTE A HEALTHY ECONOMIC CLIMATE AND A HIGHER LEVEL OF PUBLIC ACCEPTANCE OF THE THOROUGHBRED HORSE RACING INDUSTRY. TO WORK FOR THE IMPROVEMENT OF LIVING AND WORKING CONDITIONS FOR THE EMPLOYEES OF MEMBERS AND TO PROVIDE RETIREMENT BENEFITS IF APPLICABLE. TO REPRESENT INTERESTS AND RIGHTS OF ITS MEMBERS IN ANY MATTERS WITH ANY INDUSTRY RELATED ORGANIZATION. TO FORM AND EDUCATE ITS MEMBERS AND OTHER SEGMENTS OF THE INDUSTRY REGARDING ANY MATTER IMPORTANT TO THE INTERESTS OF THE MEMBERS. 0 0 0 0 0 CALIFORNIA THOROUGHBRED TRAINERS ("CTT") REPRESENTS THE INTERESTS OF THE THOROUGHBRED HORSE RACING TRAINERS AND RACE TRACK WORKERS WHO TEND TO THE HORSES ("BACKSTRETCH WORKERS"). CTT ADMINISTERS A PENSION FUND, PROVIDES RECREATIONAL ACTIVITIES, AND PROVIDES ON-PREMISES CONVENIENCE STORES FOR BACKSTRETCH WORKERS. CTT PROVIDES EDUCATIONAL PROGRAMS FOR TRAINERS. CTT REPRESENTS THE TRAINERS IN NEGOTIATING CONTRACTS AND IN MONITORING LEGISLATION AFFECTING THE HORSE RACING INDUSTRY. CTT ALSO PROVIDES SERVICES AND INFORMATION TO THE RACING PUBLIC TO PROMOTE THOROUGHBRED HORSE RACING. 0 1 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 14 0 1 20 1 0 0 0 0 0 0 0 0 X 9 9 0 0 1 0 1 1 0 1 1 0 0 1 0 0 0 0 0 0 CA X ANGIE CARMONA 6264472145 285 W HUNTINGTON DRIVE ARCADIA CA 91007 EOIN HARTY PRESIDENT 10.00 X X 0 0 0 GLORIA HALEY NORTHERN CALIFORNIA VP 1.00 X X 0 0 0 DAVID HOFMANSTERM END 724 SOUTHERN CALIFORNIA VP 1.00 X X 0 0 0 BLAINE D WRIGHTSTART 724 SOUTHERN CALIFORNIA VP 1.00 X X 0 0 0 RAY BELL TREASURER 1.00 X X 0 0 0 TIMOTHY BELLASIS DIRECTOR 1.00 X 0 0 0 SEAN MCCARTHY DIRECTOR 1.00 X 0 0 0 VAL BRINKERHOFF DIRECTOR 1.00 X 0 0 0 TROY MATTHEW DIRECTOR 1.00 X 0 0 0 RON ELLIS DIRECTOR 1.00 X 0 0 0 ALAN BALCH EXECUTIVE DIRECTOR 40.00 X 120000 0 0 ANGIE CARMONA SECRETARY 40.00 X 92970 0 14701 212970 0 14701 1 0 0 0 0 32500 32500 TRACK REVENUE-PENSION 900099 2347979 2347979 RECREATION HALL INCOME 900099 547960 547960 TRACK REVENUE 900099 464644 464644 3360583 360653 360653 100000 82781 28038 17219 -28038 -10819 -10819 EMPLOYEE RETENTION CRE 900099 48249 48249 MISC INCOME 900099 1499 1499 49748 3792665 3360583 0 399582 227671 210662 2388403 42012 37210 75720 92370 104748 33065 6414 8279 4367 2385 35268 INVENTORY EXPENSES 385651 PROGRAM SERVICES 44417 REPAIRS & MAINTENANCE 5784 3704426 56502 92487 158346 164232 19271 25576 280105 267249 43280 12856 530906 465368 2129187 2410093 2937492 3170612 137055 119479 142125 138800 2188025 2351211 2467205 2609490 X 232119 215463 238168 345659 470287 561122 2937492 3170612 88239 2596 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 211095 199136 11959 69010 68113 897 12856 CASH HELD IN CTTBECB PENSION PLAN-RESTRICTED 23174 RETIREMENT SAVINGS PENSION PLAN-RESTRICTED 1700303 ACCOUNTS RECEIVABLE FOR PENSIONS-RESTRICTED 684621 OTHER CURRENT ASSETS 1995 2410093 ACCOUNTS PAYABLE FOR PENSIONS-RESTRICTED 28822 ACCRUED CTTBECB PENSION PLAN LIABILITIES-RESTRICTED 22389 ACCRUED BACKSTRETCH EMPLOYEES RETIREMENT PLAN CONTRIBUTIONS 2300000 2351211 X 3795261 2596 2596 3792665 0 3792665 3704426 0 3704426 0 3704426 PART X, LINE 2: CTT IS A NONPROFIT SUPPORT ORGANIZATION AND IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE AND FROM THE STATE FRANCHISE TAX BOARD UNDER SECTION 23701(E) OF THE CALIFORNIA REVENUE AND TAXATION CODE. CTT HAS EVALUATED ITS TAX POSITIONS AND THE CERTAINTY AS TO WHETHER THOSE POSITIONS WILL BE SUSTAINED IN THE EVENT OF AN AUDIT BY TAXING AUTHORITIES AT THE FEDERAL AND STATE LEVELS. THE PRIMARY TAX POSITIONS EVALUATED ARE RELATED TO CTT'S CONTINUED QUALIFICATION AS A TAX-EXEMPT ORGANIZATION AND WHETHER THERE ARE UNRELATED BUSINESS INCOME ACTIVITIES CONDUCTED THAT WOULD BE TAXABLE. MANAGEMENT HAS DETERMINED THAT ALL INCOME TAX POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED UPON POTENTIAL AUDIT OR EXAMINATION; THEREFORE, NO DISCLOSURES OF UNCERTAIN TAX POSITIONS ARE REQUIRED. CTT FILES INFORMATIONAL RETURNS IN THE U.S. FEDERAL JURISDICTION AND THE STATE OF CALIFORNIA, THE STATUTE OF LIMITATIONS FOR FEDERAL AND CALIFORNIA STATE PURPOSES IS GENERALLY THREE AND FOUR YEARS, RESPECTIVELY. FORM 990, PART III, LINE 4A CALIFORNIA THOROUGHBRED TRAINERS ("CTT") REPRESENTS THE INTERESTS OF THE THOROUGHBRED HORSE RACING TRAINERS AND RACE TRACK WORKERS WHO TEND TO THE HORSES ("BACKSTRETCH WORKERS"). CTT ADMINISTERS A PENSION FUND, PROVIDES RECREATIONAL ACTIVITIES, AND PROVIDES ON-PREMISES CONVENIENCE STORES FOR BACKSTRETCH WORKERS. CTT PROVIDES EDUCATIONAL PROGRAMS FOR TRAINERS. CTT REPRESENTS THE TRAINERS IN NEGOTIATING CONTRACTS AND IN MONITORING LEGISLATION AFFECTING THE HORSE RACING INDUSTRY. CTT ALSO PROVIDES SERVICES AND INFORMATION TO THE RACING PUBLIC TO PROMOTE THOROUGHBRED HORSE RACING. FORM 990, PART VI, SECTION A, LINE 4 THERE WAS AN UPDATE TO THE BYLAWS FOR THE COMPOSITION OF THE BOARD OF DIRECTORS. THERE SHALL NOW BE 7 DIRECTORS INSTEAD OF 9. FORM 990, PART VI, SECTION A, LINE 6 THERE IS ONE CLASS OF MEMBERS. MEMBERS ELECT THE GOVERNING BODY. MEMBERS CANNOT RECEIVE ANY PROFITS OR NET ASSETS. FORM 990, PART VI, SECTION A, LINE 7A ALL MEMBERS ALL ELIGIBLE TO VOTE FOR ALL BOARD POSITIONS WHEN TERMS ARE EXPIRED. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ORGANIZATION'S OUTSIDE PUBLIC ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY THE ORGANIZATION. ONCE THE RETURN IS PREPARED, IT IS PROVIDED TO MANAGEMENT FOR THEIR REVIEW WITH ANY CHANGES INCORPORATED INTO THE FILING. THE RETURN IS THEN PROVIDED TO THE BOARD OF DIRECTORS BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR.