Nonprofit · EIN 13-1379483
THOROUGHBRED RACING ASSOCIATIONS OF THE UNITED STATES INC
Tax-exempt · ELKTON, MD 21921
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $302,550 | $312,052 | -$9,502 | $785,252 | $46,382 | $738,870 |
| December 31, 2024 | 990 | $297,786 | $325,332 | -$27,546 | $761,422 | $13,050 | $748,372 |
| December 31, 2023 | 990 | $296,225 | $317,789 | -$21,564 | $780,039 | $4,121 | $775,918 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $275,300
- Investment income
- $9,382
- Net rental income
- $17,868
- Other revenue
- $17,868
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $115,370
- Salaries, compensation and benefits (total)
- $121,930
- Professional fundraising fees
- $0
- Legal fees
- $5,000
- Accounting fees
- $17,280
- Travel
- $13,250
Balance sheet and other
- Total assets, start of year
- $761,422
- Total assets, end of year
- $785,252
- Total liabilities, end of year
- $46,382
- Net assets, end of year
- $738,870
- Land, buildings and equipment
- $248,332
- Gross receipts
- $356,682
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1942
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Henry Zeitlin | Executive Vice President Trustee or director, Officer | 40 | $0 | $204,000 | $42,240 |
| Joe Wilson | President Trustee or director, Officer | 5 | $0 | $0 | $0 |
| Josh Rubinstein | Vice President/Secretary Trustee or director, Officer | 5 | $0 | $0 | $0 |
| Peter Berube | Vice President/Treasurer Trustee or director, Officer | 5 | $0 | $0 | $0 |
| Christopher McErlean | Director Trustee or director | 5 | $0 | $0 | $0 |
| Mike Anderson | Director Trustee or director | 5 | $0 | $0 | $0 |
| Mike Rogers | Director Trustee or director | 5 | $0 | $0 | $0 |
| Randall Sampson | Director Trustee or director | 5 | $0 | $0 | $0 |
| Brian Hansberry | Director Trustee or director | 5 | $0 | $0 | $0 |
| Shannon Arvin | Director Trustee or director | 5 | $0 | $0 | $0 |
| Timothy Carey | Director Trustee or director | 5 | $0 | $0 | $0 |
| Matt Vance | Director Trustee or director | 5 | $0 | $0 | $0 |
| Lori Thomas | Director Trustee or director | 5 | $0 | $0 | $0 |
| Patrick Ellsworth | Director Trustee or director | 5 | $0 | $0 | $0 |
| Dennis Drazin | Director Trustee or director | 5 | $0 | $0 | $0 |
25 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Guy Torsilieri | Director Trustee or director | 5 | $0 |
| Louis Cella | Director Trustee or director | 5 | $0 |
| Robert Green | Director Trustee or director | 5 | $0 |
| Derron Heldt | Director Trustee or director | 5 | $0 |
| Stella Thayer | Director Trustee or director | 5 | $0 |
| Rick Arthur | Director Trustee or director | 5 | $0 |
| Chris Kotulak | Director Trustee or director | 5 | $0 |
| Ron Winchell | Director Trustee or director | 5 | $0 |
| David O'Rourke | Director Trustee or director | 5 | $0 |
| Dan Bork | Director Trustee or director | 5 | $0 |
| Jason Boulet | Director Trustee or director | 5 | $0 |
| Terry Glebocki | Director Trustee or director | 5 | $0 |
| Brian Pettigrew | Director Trustee or director | 5 | $0 |
| Bill Ford | Director Trustee or director | 5 | $0 |
| Merlinda Fleming | Director Trustee or director | 5 | $0 |
| Roxanne Tanner | Director Trustee or director | 5 | $0 |
| Hugh Drexler | Director Trustee or director | 5 | $0 |
| Bill Knauf | Director Trustee or director | 5 | $0 |
| Scott Lishia | Director Trustee or director | 5 | $0 |
| Gary Palmisano Jr | Director Trustee or director | 5 | $0 |
| Dawn Lupul | Director Trustee or director | 5 | $0 |
| Jennifer Sokol | Director Trustee or director | 5 | $0 |
| Elizabeth Rogers | Director Trustee or director | 5 | $0 |
| Eric Johnston | Director Trustee or director | 5 | $0 |
| Chip Bach | Director Trustee or director | 5 | $0 |
990 for the year ended December 31, 2024: 38 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Henry Zeitlin | Executive Vice President Trustee or director, Officer | 40 | $0 | $210,923 | $42,656 |
| Joe Wilson | President Trustee or director, Officer | 5 | $0 | $0 | $0 |
| Josh Rubinstein | Vice President/Secretary Trustee or director, Officer | 5 | $0 | $0 | $0 |
| Peter Berube | Vice President/Treasurer Trustee or director, Officer | 5 | $0 | $0 | $0 |
| Christopher McErlean | Director Trustee or director | 5 | $0 | $0 | $0 |
| Mike Anderson | Director Trustee or director | 5 | $0 | $0 | $0 |
| Mike Rogers | Director Trustee or director | 5 | $0 | $0 | $0 |
| Nichelle Milner | Director Trustee or director | 5 | $0 | $0 | $0 |
| Elizabeth Rogers | Director Trustee or director | 5 | $0 | $0 | $0 |
| Randall Sampson | Director Trustee or director | 5 | $0 | $0 | $0 |
| Ron Baumann | Director Trustee or director | 5 | $0 | $0 | $0 |
| Brian Hansberry | Director Trustee or director | 5 | $0 | $0 | $0 |
| Shannon Arvin | Director Trustee or director | 5 | $0 | $0 | $0 |
| Timothy Carey | Director Trustee or director | 5 | $0 | $0 | $0 |
| Eric Johnston | Director Trustee or director | 5 | $0 | $0 | $0 |
| Matt Vance | Director Trustee or director | 5 | $0 | $0 | $0 |
| Lori Thomas | Director Trustee or director | 5 | $0 | $0 | $0 |
| Patrick Ellsworth | Director Trustee or director | 5 | $0 | $0 | $0 |
| Dennis Drazin | Director Trustee or director | 5 | $0 | $0 | $0 |
| Guy Torsilieri | Director Trustee or director | 5 | $0 | $0 | $0 |
| Louis Cella | Director Trustee or director | 5 | $0 | $0 | $0 |
| Robert Green | Director Trustee or director | 5 | $0 | $0 | $0 |
| Derron Heldt | Director Trustee or director | 5 | $0 | $0 | $0 |
| Frank Hopf | Director Trustee or director | 5 | $0 | $0 | $0 |
| Stella Thayer | Director Trustee or director | 5 | $0 | $0 | $0 |
| Rick Arthur | Director Trustee or director | 5 | $0 | $0 | $0 |
| Chris Kotulak | Director Trustee or director | 5 | $0 | $0 | $0 |
| Ron Winchell | Director Trustee or director | 5 | $0 | $0 | $0 |
| David O'Rourke | Director Trustee or director | 5 | $0 | $0 | $0 |
| Chip Bach | Director Trustee or director | 5 | $0 | $0 | $0 |
| Jennifer Sokol | Director Trustee or director | 5 | $0 | $0 | $0 |
| Dan Bork | Director Trustee or director | 5 | $0 | $0 | $0 |
| Jason Boulet | Director Trustee or director | 5 | $0 | $0 | $0 |
| Michael Copeland | Director Trustee or director | 5 | $0 | $0 | $0 |
| Terry Glebocki | Director Trustee or director | 5 | $0 | $0 | $0 |
| Dawn Lupul | Director Trustee or director | 5 | $0 | $0 | $0 |
| Brian Pettigrew | Director Trustee or director | 5 | $0 | $0 | $0 |
| Bill Ford | Director Trustee or director | 5 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 38 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Henry Zeitlin | Executive Vice President Trustee or director, Officer | 40 | $0 | $219,000 | $43,140 |
| Joe Wilson | President Trustee or director, Officer | 5 | $0 | $0 | $0 |
| Josh Rubinstein | Vice President/Secretary Trustee or director, Officer | 5 | $0 | $0 | $0 |
| Peter Berube | Vice President/Treasurer Trustee or director, Officer | 5 | $0 | $0 | $0 |
| Christopher McErlean | Director Trustee or director | 5 | $0 | $0 | $0 |
| Mike Anderson | Director Trustee or director | 5 | $0 | $0 | $0 |
| Mike Rogers | Director Trustee or director | 5 | $0 | $0 | $0 |
| Nichelle Milner | Director Trustee or director | 5 | $0 | $0 | $0 |
| Elizabeth Rogers | Director Trustee or director | 5 | $0 | $0 | $0 |
| Randall Sampson | Director Trustee or director | 5 | $0 | $0 | $0 |
| Ron Baumann | Director Trustee or director | 5 | $0 | $0 | $0 |
| Doug Shipley | Director Trustee or director | 5 | $0 | $0 | $0 |
| Brian Hansberry | Director Trustee or director | 5 | $0 | $0 | $0 |
| Shannon Arvin | Director Trustee or director | 5 | $0 | $0 | $0 |
| Timothy Carey | Director Trustee or director | 5 | $0 | $0 | $0 |
| Erich Zimny | Director Trustee or director | 5 | $0 | $0 | $0 |
| Eric Johnston | Director Trustee or director | 5 | $0 | $0 | $0 |
| Matt Vance | Director Trustee or director | 5 | $0 | $0 | $0 |
| Lori Thomas | Director Trustee or director | 5 | $0 | $0 | $0 |
| Patrick Ellsworth | Director Trustee or director | 5 | $0 | $0 | $0 |
| Dennis Drazin | Director Trustee or director | 5 | $0 | $0 | $0 |
| Guy Torsilieri | Director Trustee or director | 5 | $0 | $0 | $0 |
| Louis Cella | Director Trustee or director | 5 | $0 | $0 | $0 |
| Robert Green | Director Trustee or director | 5 | $0 | $0 | $0 |
| Derron Heldt | Director Trustee or director | 5 | $0 | $0 | $0 |
| Frank Hopf | Director Trustee or director | 5 | $0 | $0 | $0 |
| Stella Thayer | Director Trustee or director | 5 | $0 | $0 | $0 |
| Rick Arthur | Director Trustee or director | 5 | $0 | $0 | $0 |
| Chris Kotulak | Director Trustee or director | 5 | $0 | $0 | $0 |
| Ron Winchell | Director Trustee or director | 5 | $0 | $0 | $0 |
| David O'Rourke | Director Trustee or director | 5 | $0 | $0 | $0 |
| Chip Bach | Director Trustee or director | 5 | $0 | $0 | $0 |
| Marc Estrada | Director Trustee or director | 5 | $0 | $0 | $0 |
| Jennifer Sokol | Director Trustee or director | 5 | $0 | $0 | $0 |
| Tim Lawson | Director Trustee or director | 5 | $0 | $0 | $0 |
| Dan Bork | Director Trustee or director | 5 | $0 | $0 | $0 |
| Jason Boulet | Director Trustee or director | 5 | $0 | $0 | $0 |
| Michael Copeland | Director Trustee or director | 5 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 420 FAIR HILL DR, ELKTON, MD 21921-2573
- In care of
- % TIM PETERS
- Principal officer (990 for 2025)
- Henry Zeitlin, 420 Fair Hill Drive, Elkton, MD 21921
- Signed the 990
- Henry Zeitlin, Executive Vice President
- Phone
- (410) 398-2261
- Return prepared by
- Belfint Lyons & Shuman PA
Mission
Advancement of the thoroughbred racing industry including playing a leading role in the establishment of many programs beneficial to the racing industry. The Organization serves as a strong and unified voice of the thoroughbred racetrack operators, places the maximum emphasis on the integrity of racing, and serves as a clearing house for information, reports, statistical data, ideas, promotions and problem areas. The Organization creates various programs, activities, ventures, and enterprises related to thoroughbred racing.
Program accomplishments
- Advancement of the thoroughbred racing industry through services to 37 member tracks.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 13-1379483
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1943
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $785,252
- Income (IRS master file)
- $356,682
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $302,550 | $312,052 | $785,252 | XML |
| 990 | December 2024 | $297,786 | $325,332 | $761,422 | XML |
| 990 | December 2023 | $296,225 | $317,789 | $780,039 | XML |
| 990 | December 2022 | $295,308 | $311,607 | $816,534 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-1379483).
Questions about THOROUGHBRED RACING ASSOCIATIONS OF THE UNITED STATES INC
- What is the EIN of THOROUGHBRED RACING ASSOCIATIONS OF THE UNITED STATES INC?
- The employer identification number (EIN) of THOROUGHBRED RACING ASSOCIATIONS OF THE UNITED STATES INC is 13-1379483.
- Is THOROUGHBRED RACING ASSOCIATIONS OF THE UNITED STATES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1943.
- Are donations to THOROUGHBRED RACING ASSOCIATIONS OF THE UNITED STATES INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does THOROUGHBRED RACING ASSOCIATIONS OF THE UNITED STATES INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of THOROUGHBRED RACING ASSOCIATIONS OF THE UNITED STATES INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THOROUGHBRED RACING ASSOCIATIONS OF THE UNITED STATES INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of THOROUGHBRED RACING ASSOCIATIONS OF THE UNITED STATES INC?
- The 990 for the year ended December 31, 2025 names Henry Zeitlin.
- Who are the officers and directors of THOROUGHBRED RACING ASSOCIATIONS OF THE UNITED STATES INC?
- The 990 for the year ended December 31, 2025 lists 40 people; 0 received compensation from the organization.
- How much revenue does THOROUGHBRED RACING ASSOCIATIONS OF THE UNITED STATES INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $302,550, expenses of $312,052 and total assets of $785,252 at year end.
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