2024-11-01T11:56:54-05:00 2023-12-31 410746749 CLIFTONLARSONALLEN LLP 2875 MICHELLE DRIVE 300 IRVINE CA 92606 990 2023-01-01 201179229 CALIFORNIA THOROUGHBRED BUSINESS LEAGUE CALI 6265746617 285 W HUNTINGTON DR ARCADIA CA 91007 WILLIAM A NADER CHAIR 6265746617 2024-10-30 1 1 LISA N RYSSEL CPA P00643670 7149781300 2024-10-30 2023 2024-10-15 13:58:12Z X WILLIAM A NADER 285 W HUNTINGTON DR ARCADIA CA 91007 7276383 0 X N/A X 2004 CA ASSIST CALIFORNIA THOROUGHBRED HORSE RACING INDUSTRY WITH WORKERS COMPENSATION PROGRAM. 10 10 0 10 0 0 0 0 6336280 6205660 8600 82071 0 0 6344880 6287731 0 0 0 0 0 0 0 0 0 5620584 5621424 5620584 5621424 724296 666307 5796154 6457821 24496 15000 5771658 6442821 X AS MANDATED BY CALIFORNIA BUSINESS & PROFESSIONS CODE SECTION 19605.75(F), FUNDS ARE COLLECTED AND DISBURSED TO ASSIST THE CALIFORNIA THOROUGHBRED HORSE RACING INDUSTRY BY DEFRAYING WORKERS COMPENSATION COSTS FOR HORSE OWNERS, TRAINERS, JOCKEYS, RACING ASSOCIATIONS AND FAIRS. 0 0 5500000 0 6205660 PAYMENTS FOR WORKERS COMPENSATION INSURANCE PURSUANT TO CALIFORNIA BUSINESS & PROFESSIONS CODE SECTION 19605.75. 5500000 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 CA X JOE HASSON 6265746620 285 WEST HUNTINGTON DR ARCADIA CA 91007 X WILLIAM NADAR CHAIR 1.00 X X 0 0 0 ALAN BALCH SECRETARY 1.00 X X 0 0 0 DOUG BURGE DIRECTOR 1.00 X 0 0 0 LARRY SWARTZLANDER DIRECTOR 1.00 X 0 0 0 RICK ENGLISH DIRECTOR 1.00 X 0 0 0 NATE NEWBY DIRECTOR 1.00 X 0 0 0 TOM ROBBINS DIRECTOR 1.00 X 0 0 0 BOB LIEWALD DIRECTOR 1.00 X 0 0 0 ERIC SINDLER DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 CALIFORNIA B&P CODE SEC 19605 525920 6205660 6205660 6205660 28535 28535 1042188 988652 53536 53536 53536 6287731 6205660 0 82071 16250 16250 18570 18570 WORKERS' COMP PREMIUMS 5500000 5500000 ADMINISTRATION 86604 86604 5621424 5500000 121424 0 2516933 2945779 430388 566353 1385833 10833 1463000 2934856 5796154 6457821 24496 15000 24496 15000 X 5771658 6442821 5771658 6442821 5796154 6457821 666307 4856 0 X X 0 1 X 1 0 0 CERTIFICATES OF DEPOSIT 2591346 F UNRESTRICTED INVESTMENTS 343510 F 2934856 X 6292587 4856 4856 6287731 0 6287731 5621424 0 5621424 0 5621424 PART X, LINE 2: THE CORPORATION IS NOT SUBJECT TO INCOME TAX, UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE AND UNDER SECTION 23701E OF THE CALIFORNIA REVENUE AND TAXATION CODE. THE CORPORATION MAINTAINS A CALENDAR YEAR-END FOR INFORMATIONAL TAX RETURN REPORTING. THE CORPORATION HAS EVALUATED ITS TAX POSITIONS AND THE CERTAINTY AS TO WHETHER THOSE POSITIONS WILL BE SUSTAINED IN THE EVENT OF AN AUDIT BY TAXING AUTHORITIES AT THE FEDERAL AND STATE LEVELS. THE PRIMARY TAX POSITIONS EVALUATED ARE RELATED TO THE CORPORATION'S CONTINUED QUALIFICATION AS A TAX-EXEMPT ORGANIZATION AND WHETHER THERE ARE UNRELATED BUSINESS INCOME ACTIVITIES CONDUCTED THAT WOULD BE TAXABLE. MANAGEMENT HAS DETERMINED THAT ALL INCOME TAX POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED UPON POTENTIAL AUDIT OR EXAMINATION; THEREFORE, NO DISCLOSURES OF UNCERTAIN INCOME TAX POSITIONS ARE REQUIRED. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES THAT HAVE BEEN GRANTED AUTHORITY TO ACT ON BEHALF OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ORGANIZATION'S OUTSIDE PUBLIC ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY MANAGEMENT. ONCE A DRAFT OF THE RETURN IS AVAILABLE, IT IS REVIEWED BY MANAGEMENT WITH ANY CHANGES OR REVISIONS INCORPORATED INTO THE FILING. THE REVISED RETURN IS THEN SUBMITTED TO THE SUBSET OF THE BOARD OF DIRECTORS FOR THEIR REVIEW AND APPROVAL PRIOR TO SUBMITTING TO THE IRS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR FROM PRIOR YEAR.