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Nonprofit · EIN 61-0854875

KENTUCKY HARNESS HORSEMENS ASSOC INC

Also known as KHHA

Tax-exempt · LEXINGTON, KY 40511

Financials

$331K$239K2023$345K$274K2024
Revenue Expenses · by fiscal year end
Financials of KENTUCKY HARNESS HORSEMENS ASSOC INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$345,120$274,049$71,071$456,462$0$456,462
December 31, 2023990$330,923$238,870$92,053$384,864$0$384,864
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$344,793
Investment income
$327
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$158,510
Other salaries and wages
$31,200
Salaries, compensation and benefits (total)
$31,833
Professional fundraising fees
$0
Accounting fees
$3,250
Occupancy
$38,865
Travel
$3,025
Depreciation
$1,264
Program services (functional)
$178,794
Management and general (functional)
$95,255

Balance sheet and other

Total assets, start of year
$384,864
Total assets, end of year
$456,462
Total liabilities, end of year
$0
Net assets, end of year
$456,462
Land, buildings and equipment
$5,581
Net assets without donor restrictions
$456,462
Gross receipts
$345,120
Employees
1
Year formed
1972
State of legal domicile
KY

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
AMANDA STEPHENSEXECUTIVE SE
Officer
40$31,200
RANDY DONAHUETREASURER
Trustee or director, Officer
–$0
LEE EFERSTEINASSISTANT SE
Trustee or director, Officer
–$0
HARLEY EMERSONDIRECTOR
Trustee or director
–$0
WALTER FISTER2ND VICE PRE
Trustee or director, Officer
–$0
CHUCK GRUBBSDIRECTOR
Trustee or director
–$0
JAMES STILTNER IIIDIRECTOR
Trustee or director
–$0
RANDY JERRELLVICE PRESIDE
Trustee or director, Officer
–$0
JACK GRAY JR3RD VICE PRE
Trustee or director, Officer
–$0
WAYNE OKEDIRECTOR
Trustee or director
–$0
DR JAMES SAUTTERPARLIAMENTAR
Trustee or director, Officer
–$0
TYLER SHEHANSECRETARY
Trustee or director, Officer
–$0
STEVE STANLEYASSISTANT TR
Trustee or director, Officer
–$0
BOB STEWARTDIRECTOR
Trustee or director
–$0
JAMES AVRITT JRPRESIDENT
Officer
–$0
990 for the year ended December 31, 2023: 15 people
NameTitleHours / weekCompensation
AMANDA STEPHENSEXECUTIVE SE
Officer
40$31,200
RANDY DONAHUETREASURER
Trustee or director, Officer
–$0
LEE EFERSTEINASSISTANT SE
Trustee or director, Officer
–$0
HARLEY EMERSONDIRECTOR
Trustee or director
–$0
WALTER FISTER2ND VICE PRE
Trustee or director, Officer
–$0
CHUCK GRUBBSDIRECTOR
Trustee or director
–$0
JAMES STILTNER IIIDIRECTOR
Trustee or director
–$0
RANDY JERRELLVICE PRESIDE
Trustee or director, Officer
–$0
JACK GRAY JR3RD VICE PRE
Trustee or director, Officer
–$0
WAYNE OKEDIRECTOR
Trustee or director
–$0
DR JAMES SAUTTERPARLIAMENTAR
Trustee or director, Officer
–$0
TYLER SHEHANSECRETARY
Trustee or director, Officer
–$0
STEVE STANLEYASSISTANT TR
Trustee or director, Officer
–$0
BOB STEWARTDIRECTOR
Trustee or director
–$0
JAMES AVRITT JRPRESIDENT
Officer
–$0

Address and contacts

Address (IRS master file)
1588 LEESTOWN RD STE 130 PMB 203, LEXINGTON, KY 40511-2365
In care of
% GABE PREWITT
Principal officer (990 for 2024)
AMANDA STEPHENS, 1588 LEESTOWN RD STE 130-203, LEXINGTON, KY 40511
Signed the 990
AMANDA STEPHENS, EXECUTIVE SECRETARY
Phone
(859) 606-2532
Return prepared by
ALLEN CPAS & ADVISORS PLLC

Mission

PROVIDE THIRD PARTY LIABILITY INSURANCE FOR HARNESS HORSEMEN, REPRESENT HARNESS HORSEMEN AT TRACKS AND PROMOTE THE HARNESS HORSE RACING INDUSTRY.

990 for the year ended December 31, 2024

Program accomplishments

  • HOSPITALIZATION INSURANCE FOR MEMBERS AND SULKY ACCIDENT DAMAGE INSURANCE FOR MEMBERS.
  • BANQUETS AND PICNICS WERE PROVIDED FOR THE MEMBERS AT VARIOUS TIMES DURING THE YEAR.
  • HELP COVER EXPENSES OF CONDUCTING LIVE HARNESS RACE MEETS FOR MEMBERS.

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
61-0854875
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Exempt since
1977
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$456,462
Income (IRS master file)
$345,120

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$345,120$274,049$456,462XML
990December 2023$330,923$238,870$384,864XML
990December 2022$217,413$243,637$292,811IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2019–––IRS
990-EZDecember 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 61-0854875).

Questions about KENTUCKY HARNESS HORSEMENS ASSOC INC

What is the EIN of KENTUCKY HARNESS HORSEMENS ASSOC INC?
The employer identification number (EIN) of KENTUCKY HARNESS HORSEMENS ASSOC INC is 61-0854875.
Is KENTUCKY HARNESS HORSEMENS ASSOC INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1977.
Which annual return does KENTUCKY HARNESS HORSEMENS ASSOC 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 KENTUCKY HARNESS HORSEMENS ASSOC INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did KENTUCKY HARNESS HORSEMENS ASSOC INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of KENTUCKY HARNESS HORSEMENS ASSOC INC?
The 990 for the year ended December 31, 2024 names AMANDA STEPHENS.
Who are the officers and directors of KENTUCKY HARNESS HORSEMENS ASSOC INC?
The 990 for the year ended December 31, 2024 lists 15 people; 1 received compensation from the organization, the highest $31,200 (AMANDA STEPHENS, EXECUTIVE SE).
How much revenue does KENTUCKY HARNESS HORSEMENS ASSOC INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $345,120, expenses of $274,049 and total assets of $456,462 at year end.

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