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Nonprofit · EIN 51-0327075

DELAWARE THOROUGHBRED HORSEMENS ASSOCIATION INC

Tax-exempt · WILMINGTON, DE 19804

Financials

$2.1M$2.1M2023$3.2M$2.4M2024$2.8M$2.9M2025
Revenue Expenses · by fiscal year end
Financials of DELAWARE THOROUGHBRED HORSEMENS ASSOCIATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$2,839,770$2,878,921-$39,151$2,256,235$3,703$2,252,532
December 31, 2024990$3,205,755$2,356,444$849,311$2,157,439$2,111$2,155,328
December 31, 2023990$2,059,499$2,089,527-$30,028$1,519,685$325,854$1,193,831
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$2,000,000
of which government grants
$2,000,000
Program service revenue
$767,453
Investment income
$72,317
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$128,373
Other salaries and wages
$141,248
Salaries, compensation and benefits (total)
$315,234
Professional fundraising fees
$0
Legal fees
$42,000
Accounting fees
$7,120
Occupancy
$5,699
Travel
$12,534
Depreciation
$7,197
Program services (functional)
$2,878,921

Balance sheet and other

Total assets, start of year
$2,157,439
Total assets, end of year
$2,256,235
Total liabilities, end of year
$3,703
Net assets, end of year
$2,252,532
Land, buildings and equipment
$83,290
Net assets without donor restrictions
$2,252,532
Gross receipts
$3,414,770
Employees
9
Volunteers
10
Year formed
1987
State of legal domicile
DE

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.

NameTitleHours / weekCompensation
BESSIE GRUWELLEXECUTIVE DIRECTOR
Trustee or director
40$128,373
TIM RITCHEYPRESIDENT
Trustee or director, Officer
1$0
BARBARA BROWN1ST VICE PRESIDENT
Trustee or director, Officer
1$0
JANET RITCHEYSECRETARY & TREASURER
Trustee or director, Officer
1$0
ED ALLARDDIRECTOR
Trustee or director
1$0
JAMIE NESSDIRECTOR
Trustee or director
1$0
ANTHONY PECORARODIRECTOR
Trustee or director
1$0
SCOTT PECKDIRECTOR
Trustee or director
1$0
PEDRO NAZARIODIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2024: 9 people
NameTitleHours / weekCompensation
BESSIE GRUWELLEXECUTIVE DIRECTOR
Trustee or director
40$134,024
TIM RITCHEYPRESIDENT
Trustee or director, Officer
1$0
BARBARA BROWN1ST VICE PRESIDENT
Trustee or director, Officer
1$0
JANET RITCHEYSECRETARY & TREASURER
Trustee or director, Officer
1$0
ED ALLARDDIRECTOR
Trustee or director
1$0
JAMIE NESSDIRECTOR
Trustee or director
1$0
ANTHONY PECORARODIRECTOR
Trustee or director
1$0
SCOTT PECKDIRECTOR
Trustee or director
1$0
PEDRO NAZARIODIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensation
BESSIE GRUWELLEXECUTIVE DIRECTOR
Trustee or director
40$130,522
TIM RITCHEYPRESIDENT
Trustee or director, Officer
1$0
MARK ESPOSITO1ST VICE PRESIDENT / TREAS
Trustee or director, Officer
1$0
BARBARA BROWN2ND VICE PRESIDENT
Trustee or director, Officer
1$0
JANET RITCHEYSECRETARY
Trustee or director, Officer
1$0
ED ALLARDDIRECTOR
Trustee or director
1$0
ANDRES GARIBAYDIRECTOR
Trustee or director
1$0
GARY CONTESSADIRECTOR
Trustee or director
1$0
MARGO FLYNNDIRECTOR
Trustee or director
1$0
JAMIE NESSDIRECTOR
Trustee or director
1$0
ANTHONY PECORARODIRECTOR
Trustee or director
1$0
SCOTT PECKDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
777 DELAWARE PARK BLVD, WILMINGTON, DE 19804-4122
Principal officer (990 for 2025)
JANET RITCHEY, 777 DELAWARE PARK BLVD, WILMINGTON, DE 19804
Signed the 990
JANET RITCHEY, TREASURER
Phone
(302) 994-2521
Return prepared by
SANTORA CPA GROUP

Mission

TO PROMOTE THE SPORT OF THOROUGHBRED HORSE RACING

990 for the year ended December 31, 2025

Program accomplishments

  • PROMOTION OF THE SPORT OF THOROUGHBRED HORSE RACING
    Expenses $2,878,921 · grants $2,000,000 · revenue $767,453

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
51-0327075
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1991
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,256,235
Income (IRS master file)
$3,414,770

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$2,839,770$2,878,921$2,256,235XML
990December 2024$3,205,755$2,356,444$2,157,439XML
990December 2023$2,059,499$2,089,527$1,519,685XML
990December 2022$2,461,936$3,185,880$1,178,451IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 51-0327075).

Questions about DELAWARE THOROUGHBRED HORSEMENS ASSOCIATION INC

What is the EIN of DELAWARE THOROUGHBRED HORSEMENS ASSOCIATION INC?
The employer identification number (EIN) of DELAWARE THOROUGHBRED HORSEMENS ASSOCIATION INC is 51-0327075.
Is DELAWARE THOROUGHBRED HORSEMENS ASSOCIATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1991.
Are donations to DELAWARE THOROUGHBRED HORSEMENS ASSOCIATION INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does DELAWARE THOROUGHBRED HORSEMENS ASSOCIATION 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 DELAWARE THOROUGHBRED HORSEMENS ASSOCIATION 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 DELAWARE THOROUGHBRED HORSEMENS ASSOCIATION 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 DELAWARE THOROUGHBRED HORSEMENS ASSOCIATION INC?
The 990 for the year ended December 31, 2025 names JANET RITCHEY.
Who are the officers and directors of DELAWARE THOROUGHBRED HORSEMENS ASSOCIATION INC?
The 990 for the year ended December 31, 2025 lists 9 people; 1 received compensation from the organization, the highest $128,373 (BESSIE GRUWELL, EXECUTIVE DIRECTOR).
How much revenue does DELAWARE THOROUGHBRED HORSEMENS ASSOCIATION INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $2,839,770, expenses of $2,878,921 and total assets of $2,256,235 at year end.

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