2018-11-13T15:15:17-05:00 2017-12-31 263358300 Frank H Slattery & Associates LLC 739 S White Horse Pike Suite 4 Audubon NJ 081061659 990 2017-01-01 232694644 PA THOROUGHBRED HORSEMENS ASSOC INC PATH PO BOX 300 BENSALEM PA 19020 MICHAEL P BALLEZZI ESQUIRE EXECUTIVE DIREC 2156382012 2018-11-13 true Frank H Slattery III P00119827 8563101400 2018-11-13 50.78.150.157 2018-11-13 15:18:09 2031022018317looifqe 2018-11-13 P B829F04D5814DCA1B259E4D76BCFDD9F20D97F6F B829F04D5814DCA1B259E4D76BCFDD9F20D97F6F 2017 2019-02-21 02:37:17Z SALVATORE M DEBUNDA ESQUIRE 1866901 false X WWW.PATHA.ORG X 1992 PA PROMOTE RACING IN PA, REPRESENT OWNERS AND TRAINERS IN CONTRACTUAL MATTERS WITH PARX RACING, PROVIDE PENSION AND WELFARE BENEFITS TO TRAINERS AND THEIR EMPLOYEES OR SUBCONTRACTORS AND REPRESENT OWNERS AND TRAINERS IN MATTERS WITH THE VARIOUS PA COMMISSIONS. 11 10 12 4351 0 162500 1399833 1614511 40527 79890 0 1440360 1856901 0 0 421454 451802 0 0 1452731 1305182 1874185 1756984 -433825 99917 6909043 6779209 6368489 6138738 540554 640471 PROMOTE RACING IN PA, REPRESENT OWNERS AND TRAINERS IN CONTRACTUAL MATTERS WITH PARX RACING, PROVIDE PENSION AND WELFARE BENEFITS TO TRAINERS AND THEIR EMPLOYEES OR SUBCONTRACTORS AND REPRESENT OWNERS AND TRAINERS IN MATTERS WITH THE VARIOUS PA COMMISSIONS. false false 739252 781293 REPRESENTING THE MEMBERS IN BUSINESS MATTERS WITH PARX RACING AT PHILADELPHIA PARK RACE TRACK AND WITH PENNSYLVANIA RACING,GAMING AND AGRICULTURE COMMISSIONS. 592982 626704 PROMOTE LIVE THOROUGHBRED RACING THROUGH CABLE TV SHOW LETS GO RACING 218554 230983 INFORM MEMBERSHIP OF WHAT IS GOING ON AT NATIONAL,STATE AND LOCAL LEVELS ON MATTERS EFFECTING THE RACING INDUSTRY THROUGH NEWSLETTERS 107506 113620 SUPPORT FOR TURNING FOR HOME INC. A RELATED 501(C)3 CHARITY PROVIDING FUNDS TO RETIRE INJURED OR AGING RACE HORSES AS AN ALTENRATIVE TO EUTHANASIA. 107506 113620 1658294 false false false false false false false false false true false false false true false false true false false false false false false false false false false false true false false false true false true false false false false false true true true false true 13 0 12 true true true false false false true true false X 11 10 false false false false true true true true true false false false true true true true true false false false PA X CONNIE YOUMANS 2156382012 PO BOX 300 BENSALEM PA 19020 MICHAEL P BALEZZI EXECUTIVE DIRECTOR DIRECTOR 40.00 0.00 X X 293984 0 73455 SALVATORE M DEBUNDA PRESIDENT 5.00 0.00 X X 0 0 0 STEVEN A APPEL DIRECTOR 1ST VP 3.00 0.00 X X 1327 0 0 KATHLEEN DEMASI DIRECTOR 3.00 0.00 X 0 0 25125 NICHOLAS J SAPONARA DIRECTOR TREASURER 3.00 0.00 X X 0 0 0 LISA ALLEN DIRECTOR 3.00 0.00 X 0 0 0 CARLOS A ASENCIO DIRECTOR 3.00 0.00 X 0 0 0 PHILIP ARISTONE DIRECTOR 2ND VP 3.00 0.00 X X 0 0 24435 RONALD GLORIOSO DIRECTOR 3.00 0.00 X 0 0 1657 ROBERT E REID DIRECTOR 3.00 0.00 X 0 0 24705 JOHN C SERVIS DIRECTOR 3.00 0.00 X 0 0 30076 CONNIE YOUMANS SECRETARY 40.00 0.00 X 77648 0 22750 372959 0 202203 1 false true true BRUCE CASELLA 1 HENLY LANE VOORHEES NJ 08043 PROMOTION 120904 SRWOJDAK ASSOC LP 200 SOUTH BROAD UNIT 850 PHILA PA 19102 LOBBYING 129600 ARCHER GREINER THREE LOGAN SQUARE 1717 ARCH ST PHILADELPHIA PA 19103 LEGAL 159530 3 162500 162500 PROGRAM SERVICES 561499 1614511 1614511 1614511 81459 77108 4351 8431 10000 -1569 -1569 -1569 1856901 1690050 4351 0 X 359651 323686 35965 51135 46021 5114 15919 14327 1592 25097 22587 2510 139678 132694 6984 7075 6721 354 156600 148770 7830 200360 191177 9183 618 618 11551 10129 1422 26946 17784 9162 44520 43400 1120 100000 100000 12790 12150 640 37250 35387 1863 BROADCASTING AND DOCUMENTARY 188925 188925 NEWSLETTER 11162 11162 DUES AND SUBS 79758 79758 DONATIONS 38350 28762 9588 249599 244236 5363 1756984 1658294 98690 0 134355 281052 2214407 2390770 3020601 2459613 53455 42670 237891 203157 27160 34734 1459065 1570370 6909043 6779209 696721 674954 5671768 5463784 6368489 6138738 X 540554 640471 540554 640471 6909043 6779209 99917 0 X false true X false false false false false 2410 2410 235481 203157 32324 34734 AGENCY FUNDS -4429849 AFFILIATED COMPANY PAYABLES 306509 DUE TO COMPANIES COMMON BOD 4100 ACCRUED PURSE PAYOUTS 9565519 EXCESS 3 MONEY PRDF 17505 5463784 X true true X MICHAEL P BALEZZI Esquire EXECUTIVE DIRECTOR DIRECTOR 288126 5858 54000 19455 367439 SALVATORE M DEBUNDA ESQUIRE PRESIDENT Archer Greiner Law Firm President of PA THA is parnter 159530 Legal fees paid to firm for legal advice false Dun Roamin Farm Inc Owned 100 by President of PA THA 60000 Consulting fee paid to Dun Roamin Farm Inc false Members or stockholder classes and rights Part VI line 6 THE ORGANIZATION HAS MEMBERS AS DEFINED BY THE BYLAWS. BASCIALLY A MEMBER IS AN OWNER OR A TRAINER HAVING A HORSE OR HORSES RACE IN A CERTAIN NUMBER OF RACES AT THE RACE TRACK WITHIN A DEFINED TIME FRAME. Member election for additional members Part VI line 7a THE MEMBERS ELECT THE BOARD MEMBERS AND THE PRESIDENT. MANAGMENT OF THE DAY TO DAY AFFAIRS OF THE ENTITIES IS DESIGNATED TO THE BOARD. THE BOARD DESIGNATES DAY TO DAY MANAGMENT TO THE EXECUTIVE DIRECTOR. Governing body decisions Part VI line 7b MEMBERS DO NOT MAKE ANY DECISIONS OTHER THAN THE ELECTION OF THE BOARD MEMBERS AND THE PRESIDENT. THE BOARD MAKES ALL BINDING DECISIONS FOR THE ORGANZIATION. THE EXECUTIVE DIRECTOR AND THE PRESIDENT ARE ADVISORS TO THE BOARD. CURRENTLY THE EXECUTIVE DIRECTOR IS ALSO CURRENTLY AN ELECTED BOARD MEMBER. HE IS THE BOARD MEMBER DESIGNATED AS NOT INDEPENDENT ON THE 990 SINCE HE A COMPENSATED EMPLOYEE. Governing body meeting documentation Part VI line 8a ALL BOARD MEETINGS ARE DOCUMENTED BY THE SECRETARY Committee meeting documentation Part VI line 8b THE BOARD AND OR THE PRESIDENT OR EXECUTIVE DIRECTOR MAY APPOINT COMMITTEES TO ASSIST THEM IN ADMINISTRATING THE AFFAIRS OF THE ORGANIZATION. HOWEVER, NONE OF THESE COMMITTEES HAVE RULE MAKING AUTHORITY. ALL RULE MAKING AUTHORITY IS RESERVED FOR THE BOARD. SUCH COMMITTEES ARE RESPONSIBLE FOR MAINTAINING DOCUMENTATION OF ITS MEETINGS AND RECOMMENDATIONS AND DOES NOT PROVIDE COPIES OF ITS DOCUMENTATION TO THE ADMINISTRATION OFFICE STAFF. Form 990 governing body review Part VI line 11 THE ORGANIZATION WILL SHOW A COPY OF ITS 2017 YEAR ENDED FORM 990 TO BOARD MEMBERS EITHER PRIOR TO THE FILING OF THE FORM OR SHORTLY AFTER THE FILING OF THE FORM. EACH DIRECTOR IS REQUESTED TO SIGN A STATEMENT DOCUMENTING HIS OR HER REVIEW. THE EXECUTIVE DIRECTOR AND THE CONTROLLER REVIEW THE 990 PRIOR TO ITS EFIFING. Conflict of interest policy compliance Part VI line 12c THE BOARD HAS ESTABLISHED A CONFLICT OF INTEREST POLICY AND HAS INFORMED ALL EMPLOYEES AND DIRECTORS OF THEIR RESPONSIBILITY TO REPORT ANY KNOWN OR POTENTIAL CONFLICTS OF INTEREST TO ANY BOARD MEMBER OR OFFICER AS SOON AS THEY ARE AWARE OF THE CONFLICT OR POTENTIAL CONFLICT. THERE IS AN ANNUAL WRITTEN REPORTING REQUIREMENT. MANAGMENT SAYS IT IS COMPLIANT WITH THIS POLICY. CEO executive director top management comp Part VI line 15a DIRECTORS DISCUSS AND APPROVE COMPENSATION. DIRECTORS ATTEMPT TO FIND COMPARABLE COMPENSATION BUT THERE ARE ONLY A HANDFUL OF SIMILAR ENTITIES IN PA. THE EXECUTIVE DIRECTOR (DIRECTOR AND OFFICER) AND SECRETARY (NON DIRECTOR) LEAVE THE MEETING SO DIRECTORS CAN DISCUSS THEIR COMPENSATION PRIVIATELY AND VOTE ON IT. THESE TWO EMPLOYEES ARE THE ONLY COMPENSATED OFFICERS. THE ENTITY PAID $60,000 TO A CORPORTION OWNED 100% BY THE PRESIDENT FOR CONSULTING SERVICES PROVIDED BY HIM TO THE COMPANY. Other officer or key employee compensation Part VI line 15b DIRECTORS DISCUSS AND APPROVE COMPENSATION FOR EXECUTIVE DIRECTOR, SECRETARY AND CONTROLLER (NON OFFICER AND PART TIME POSITION). PAYMENTS TO A CORPORATION OWNED 100% BY THE PRESIDENT FOR SERVICES HE PROVIDES TO THE THIS ENTITY IS APPROVED BY THE BOARD. ALL OTHER COMPENSATION IS APPROVED BY THE EXECUTIVE DIRECTOR. THE DIRECTORS APPROVE COMPENSATION FOR THE EXECUTIVE DIRECTOR, SECRETARY AND CONTROLLER. THE CONTROLLER IS A PART TIME EMPLOYEE AND NOT AN OFFICER. IT IS DIFFICULT TO FIND A COMPARABLE ORGANIZATION IN A SIMILAR INDUSTRY IN PA. THE EXECUTIVE DIRECTOR AND BOARD MEMBERS ARE RESPONSIBLE FOR MANAGING THREE SEPARATE ENTITIES RELATED BY COMMON CONTROL. ALL COMPENSATION OF OFFICERS AND DIRECTORS, IF ANY, IS PAID FOR BY PA THOROUGHBRED HORSEMENS ASSOCIATION, INC. SOME OF IT MAY BE ALLOCATED TO RELATED ENTITIES. THE BOARD BELIEVES THE COMPENSATION IT APPROVES FOR THE EXECUTIVE DIRECTOR AND THE SECRETARY IS REASONALBE FOR SERVICES PERFORMED. Governing documents etc available to public Part VI line 19 THE ORGANIZATION GIVES THE PUBLIC ACCESS TO ITS 990 FORM UPON WRITTEN REQUEST. THE AUDITED FINANCIAL STATEMENTS OF THE ORGANIZATION ARE POSTED BY REGULATORY AGENCIES OF PA TO ITS WEBSITE AND CAN BE ACCESSED BY THE PUBLIC. IT DOES NOT MAKE PUBLIC ITS GOVERNING POLICIES OR CONFLICT OF INTEREST DOCUMENTS AND PROCEEDURES. IF IT EVER RECEIVES A WRITTEN REQUEST FOR SUCH INFORMATION A BOARD MEETING WOULD BE SCHEDULED TO DISCUSS A RESPONSE. Not undergone required audits or steps for audit part XII line 3b BECAUSE THE ENTITY RECEIVES ALMOST ALL OF ITS FUNDING FROM GAMING REVENUES REGULATED BY THE STATE FO PA, A DIVISION OF THE STATE OF PA SELECTS THE AUDITING FIRM BY COMPETITIVE BIDING FOR A THREE YEAR TERM. THE ENTITY PAYS FOR THE AUDIT SERVICES. SINCE THE AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS MEMBERSHIP RULES AS WELL AS THE PA CPA LICENSING DIVISION RULES REQUIRE THE AUDITING FIRM TO BE INDEPENDENT, THE BOD ACQUIESCES TO THE SELECTION RATHER THAN SELECTING A SECOND FIRM AND PAYING FOR TWO INDEPENDENT AUDITS. THE COMPANY DOES NOT APPOINT A SEPARATE COMMITTEE TO OVERSEE THIS PROCESS. THE AUDIT PROCESS IS OVERSEEN BY THE EXECUTIVE DIRECTOR, THE CONTROLLER AND THE PRESIDENT AND THE REPORT PREPARED BY THE AUDITING FIRM IS DISCUSSED WITH THE BOD. List of other fees for services expenses Part IX line 11g SEE OVERFLOW STATEMENT WHICH INCLUDES DETAILS OF OTHER FEES FOR SERVICES EXPENSES OF $191,177 AND $9,183. List of other expenses Part IX line 24e SEE THE LIST OF OTHER ADMINISTRATIVE COSTS ON THE OVERFLOW STATEMENT TOTALING $244,236 AND $5,363. TURNING FOR HOME INC P O BOX 300 BENSALEM PA 19020 262698385 RETIREMENT OF RACE HORSES PA 501C3 10 N/A true HORSEMENS PURCHASING ASSOC INC P O BOX 300 BENSALEM PA 19020 232827432 SALE OF HORSE PRODUCTS PA N/A C Corp 1.00000 true true true false true false false false false false false false true true true true false true true true TURNING FOR HOME INC c 100000 CASH CONTIRBUTION FROM PTHA HORSEMENS PURCHASING ASSOC INC r 10241 LOAN REPAYMENTS BY HPA TO PTHA HORSEMENTS PURCHASING ASSOC INC o 28696 PAID PTHA FOR WAGES PAID FOR HPA HORSEMENS PURCHASING ASSOC INC p 4351 INTEREST PAID TO PTHA ON DEBT TO PTHA TURNING FOR HOME INC o 78000 COST