2025-11-17T11:03:22-06:00 2024-12-31 540737372 PBMARES LLP 560 BROADVIEW AVE SUITE 100 WARRENTON VA 20186 990 2024-01-01 540943990 VIRGINIA GOLD CUP ASSOCIATION INC VIRG 5403472612 PO BOX 840 WARRENTON VA 20188 DR WILLIAM ALLISON PRESIDENT 5403472612 2025-11-17 1 1 JON-MICHAEL ROSCH P00704574 5403474970 2025-11-17 X 2024 2025-03-06 01:10:19Z DR WILLIAM ALLISON PO BOX 840 WARRENTON VA 20188 2308779 0 X WWW.VAGOLDCUP.COM X 1923 VA TO ORGANIZE AND PROMOTE STEEPLECHASE RACES IN FAUQUIER COUNTY, VIRGINIA. 12 12 2 150 0 0 0 0 2185292 2232865 -849 33 -82728 -16366 2101715 2216532 6250 6000 0 0 123624 201160 0 0 0 2097278 2134940 2227152 2342100 -125437 -125568 241872 212049 190650 281288 51222 -69239 X THE VIRGINIA GOLD CUP ASSOCIATION WAS ORGANIZED IN 1923 TO STIMULATE INTEREST IN AND TO PROMOTE STEEPLECHASE RACING IN VIRGINIA. THE ASSOCIATION STRIVES TO PROVIDE AN ENVIRONMENT FOR SOCIAL RECREATION, WHERE OBSERVERS CAN ENJOY THE ENTERTAINMENT OF STEEPLECHASE RACING. VGCA ENCOURAGES SPORTSMANSHIP AND GOOD FELLOWSHIP AMONG THOSE PERSONS PARTICIPATING IN THE SPORT. FURTHERMORE, THE ASSOCIATION IS DEDICATED TO MAINTAINING A FACILITY FOR HOLDING STEEPLECHASE RACES. 0 0 2006406 2275874 THE ASSOCIATION HISTORICALLY ORGANIZES AND PROMOTES TWO ANNUAL STEEPLECHASE RACES IN FAUQUIER COUNTY, VIRGINIA. 6000 6000 CONTRIBUTIONS TO LOCAL NON-PROFIT ORGANIZATIONS. 2012406 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 33 0 1 2 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 1 1 1 1 1 0 0 0 0 0 1 0 1 0 X THE ORGANIZATION 5403472612 PO BOX 840 WARRENTON VA 20188 X WILLIAM ALLISON PRESIDENT 15.00 X X 0 0 0 ALFRED C GRIFFIN VICE PRESIDENT 2.00 X X 0 0 0 G WAYNE EASTHAM TREASURER 2.00 X X 0 0 0 MARSHALL D DOELLER SECRETARY 1.00 X X 0 0 0 JEFFREY L LEHEW BOARD MEMBER 0.20 X 0 0 0 MARGARET CHURCH LITTLETON BOARD MEMBER 0.20 X 0 0 0 MARK HYSON BOARD MEMBER 0.20 X 0 0 0 ERNEST M OARE BOARD MEMBER 0.20 X 0 0 0 CHARLES H SEILHEIMER BOARD MEMBER 0.20 X 0 0 0 RICHARD WALLACH BOARD MEMBER 0.20 X 0 0 0 DON YOVANOVICH BOARD MEMBER 0.20 X 0 0 0 MAXIMILIAN TUFTS III BOARD MEMBER 0.20 X 0 0 0 0 0 0 0 0 0 0 0 VIRGINIA GOLD CUP - SP 711210 1510009 1510009 INTERNATIONAL GOLD CUP 711210 722856 722856 2232865 33 33 32872 92247 -59375 -59375 MISC. REVENUE-RELATED- 900099 43009 43009 43009 2216532 2275874 0 -59342 6000 6000 187146 187146 14014 14014 6298 6298 19961 19961 891 891 4890 4890 7057 7057 1192 1192 3912 3912 5409 5409 5208 5208 67413 67413 DIRECT RACE EXPENSES 1106074 1106074 WINNINGS PAID 799800 799800 PROMOTIONS FOR RACES 59409 59409 OTHER RACE EXPENSES 41123 41123 6303 6303 2342100 2012406 329694 0 37095 42373 52931 52931 47000 12000 2845 2845 55552 35658 25102 19894 76899 82006 241872 212049 13195 10251 6000 28840 171455 242197 190650 281288 X 51222 -69239 51222 -69239 241872 212049 -125568 5107 0 X 1 X 0 0 0 35901 16133 19768 19651 19525 126 19894 X PART X, LINE 2: THE ASSOCIATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501 (C) (4) OF THE INTERNAL REVENUE CODE. THE ASSOCIATION HAS ADOPTED THE PROVISIONS OF ACCOUNTING FOR UNCERTAINTY IN INCOME TAX POSITIONS AS REQUIRED BY THE INCOME TAXES TOPIC OF THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION(ASC); HOWEVER, MANAGEMENT DOES NOT BELIEVE IT IS EXPOSED TO ANY SUCH POSITIONS AS THEY ARE DEFINED IN THIS GUIDANCE. THE ASSOCIATION FILES FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, ANNUALLY WITH THE UNITED STATES DEPARTMENT OF TREASURY. SUCH RETURNS ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES, GENERALLY FOR A PERIOD OF THREE YEARS FROM THE DATE THE RETURNS ARE FILED. 32872 92247 0 32872 92247 92247 -59375 VA 1 0 1 0 1.00000 BARBARA SHANNON PO BOX 840 WARRENTON VA 20188 1 UNITED TOTE 600 N HURTSBOURNE PKY SUITE 400 LOUISVILLE KY 40222 UNITED TOTE 187146 EQUPIMENT AND STAFF TO RUN PARIMUTUEL WAGERING DURING SPRING AND FALL RACES. X 0 1 VIRGINIA POINT TO POINT FOUNDATION 9308 PATRICK STREET UPPERVILLE VA 20184 464531132 501(C)(3) 6000 0 GENERAL SUPPORT FORM 990, PART VI, SECTION A, LINE 6 MEMBERSHIP. ONE AUTOMATICALLY BECOMES A MEMBER BY PURCHASING A TICKET TO ONE OF THE RACES. AT THE TIME OF TICKET PURCHASE THE BUYER IS PLACED ON THE MAILING LIST. THERE ARE NO ANNUAL DUES FOR MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A BOARD MEMBERS AND DIRECTORS ARE ELECTED AT THE CORPORATION'S ANNUAL MEETING HELD IN MARCH. FORM 990, PART VI, SECTION A, LINE 7B THE ACTIONS OF THE GOVERNING BOARD ARE SUBJECT TO APPROVAL BY THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS APPROVES COMPENSATION FOR THE EXECUTIVE DIRECTOR AND ELECTS OFFICERS OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B TO DATE THERE HAS NOT BEEN A FORMAL POLICY TO REVIEW FORM 990 PRIOR TO FILING. THE 990 IS PREPARED BY THE ASSOCIATION'S INDEPENDENT CPA FROM THE SAME INFORMATION THAT IS USED TO PREPARE COMPILED FINANCIAL STATEMENTS. THE COMPILED FINANCIAL STATEMENTS ARE REVIEWED AT A BOARD MEETING WHICH IS OPEN TO ALL INDIVIDUALS ASSOCIATED WITH THE VIRGINIA GOLD CUP ASSOCIATION, INC. FORM 990, PART VI, SECTION B, LINE 15B OFFICERS AND BOARD MEMBERS DO NOT RECEIVE COMPENSATION OF ANY KIND. STAFF SALARIES ARE DETERMINED BY THE PRESIDENT IN CONSULTATION WITH THE FINANCE COMMITTEE BASED ON JOB RESPONSIBILITIES AND CURRENT MARKET CONDITIONS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND FORM 990 AVAILABLE FOR INSPECTION UPON REQUEST.