Nonprofit · EIN 13-3985050
NATIONAL THOROUGHBRED RACING
Tax-exempt · LEXINGTON, KY 40507
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| March 31, 2025 | 990 | $11,696,083 | $13,666,564 | -$1,970,481 | $18,554,324 | $6,287,313 | $12,267,011 |
| March 31, 2024 | 990 | $9,207,699 | $9,931,515 | -$723,816 | $18,145,577 | $3,903,470 | $14,242,107 |
| March 31, 2023 | 990 | $9,155,770 | $8,891,496 | $264,274 | $17,690,078 | $2,972,993 | $14,717,085 |
Financial details: 990 for the year ended March 31, 2025
Revenue
- Contributions, gifts and grants
- $3,885,970
- Membership dues
- $3,885,970
- Program service revenue
- $6,603,172
- Investment income
- $530,704
- Net gain from sales of assets
- $58,141
- Other revenue
- $676,237
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $837,469
- Other salaries and wages
- $840,964
- Salaries, compensation and benefits (total)
- $1,934,338
- Professional fundraising fees
- $0
- Legal fees
- $43,165
- Accounting fees
- $62,060
- Occupancy
- $197,728
- Travel
- $207,934
- Depreciation
- $33,253
Balance sheet and other
- Total assets, start of year
- $18,145,577
- Total assets, end of year
- $18,554,324
- Total liabilities, end of year
- $6,287,313
- Net assets, end of year
- $12,267,011
- Land, buildings and equipment
- $35,175
- Publicly traded securities
- $1,535,579
- Net assets without donor restrictions
- $12,267,011
- Gross unrelated business income
- $365,649
- Gross receipts
- $12,582,981
- Employees
- 13
- Volunteers
- 17
- Year formed
- 1998
- 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 March 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| THOMAS ROONEY | CEO Trustee or director, Officer | 50 | $381,587 | $0 | $16,168 |
| KEITH CHAMBLIN | COO Trustee or director, Officer | 50 | $300,746 | $0 | $12,717 |
| MEGHAN RODGERS | SENIOR VP OF COMMUNICATION Highest-paid employee | 50 | $196,281 | $0 | $5,167 |
| FREDERICK WIDAMAN | SENIOR VP OF NTRA ADVANTAG Highest-paid employee | 50 | $0 | $181,623 | $8,319 |
| STEPHEN DRISKILL | SR SALES DIRECTOR NTRA ADV Highest-paid employee | 50 | $0 | $180,579 | $6,237 |
| JORDAN BONFITTO | DIRECTOR OF GOVERNMENT AFF Highest-paid employee | 50 | $139,514 | $0 | $4,250 |
| MICHELE RAVENCRAFT | SENIOR VP OF EVENTS Highest-paid employee | 50 | $137,697 | $0 | $5,306 |
| TANNIS PRIMM | SR SALES MANAGER NTRA ADVA Highest-paid employee | 50 | $0 | $131,047 | $9,462 |
| DAVID FITE | VICE PRESIDENT OF IT AND PHYSICAL SECURITY Highest-paid employee | 50 | $121,098 | $0 | $15,106 |
| JOSEPH BACIGALUPO | SR VICE PRESIDENT OF EXTERNAL AFFAIRS Highest-paid employee | 50 | $125,521 | $0 | $7,918 |
| GEORGANNA LILLY | TREASURER Trustee or director, Officer | 50 | $121,730 | $0 | $4,521 |
| TINA BOND | DIRECTOR Trustee or director | 5 | $0 | $0 | $0 |
| DAVID O'FARRELL | DIRECTOR Trustee or director | 5 | $0 | $0 | $0 |
| SHANNON ARVIN BISHOP | DIRECTOR Trustee or director | 5 | $0 | $0 | $0 |
| DAVID O'ROURKE | DIRECTOR Trustee or director | 5 | $0 | $0 | $0 |
13 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LOU CELLA | DIRECTOR Trustee or director | 5 | $0 |
| MIKE ROGERS | DIRECTOR Trustee or director | 5 | $0 |
| DENNIS DRAZIN | DIRECTOR Trustee or director | 5 | $0 |
| JOSH RUBINSTEIN | DIRECTOR Trustee or director | 5 | $0 |
| DREW FLEMING | DIRECTOR Trustee or director | 5 | $0 |
| JUDY WAGNER | DIRECTOR Trustee or director | 5 | $0 |
| JIM GAGLIANO | DIRECTOR Trustee or director | 5 | $0 |
| JOE WILSON | DIRECTOR Trustee or director | 5 | $0 |
| MIKE ZIEGLER | DIRECTOR Trustee or director | 5 | $0 |
| ANDREW MOORE | DIRECTOR Trustee or director | 5 | $0 |
| BILL NADER | DIRECTOR Trustee or director | 5 | $0 |
| BILL KNAUF | DIRECTOR Trustee or director | 5 | $0 |
| CHRIS MCERLEAN | DIRECTOR Trustee or director | 5 | $0 |
990 for the year ended March 31, 2024: 24 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| THOMAS ROONEY | CEO Trustee or director, Officer | 50 | $382,578 | $0 | $15,681 |
| KEITH CHAMBLIN | COO Trustee or director, Officer | 50 | $297,764 | $0 | $12,880 |
| MEGHAN RODGERS | SENIOR VP OF COMMUNICATION Highest-paid employee | 50 | $187,458 | $0 | $5,767 |
| FREDERICK WIDAMAN | SENIOR VP OF NTRA ADVANTAG Highest-paid employee | 50 | $0 | $175,850 | $7,033 |
| STEPHEN DRISKILL | SR SALES DIRECTOR NTRA ADVANTAGE Highest-paid employee | 50 | $0 | $174,329 | $4,627 |
| MICHELE RAVENCRAFT | SENIOR VP OF EVENTS Highest-paid employee | 50 | $131,887 | $0 | $6,837 |
| TANNIS PRIMM | SR SALES MANAGER NTRA ADVANTAGE Highest-paid employee | 50 | $0 | $125,328 | $7,384 |
| GEORGANNA LILLY | TREASURER Officer | 50 | $121,367 | $0 | $4,019 |
| JORDAN BONFITTO | DIRECTOR OF GOVERNMENT AFFAIRS Highest-paid employee | 50 | $112,733 | $0 | $3,600 |
| JOE APPELBAUM | DIRECTOR Trustee or director | 5 | $0 | $0 | $0 |
| DAVID O'FARRELL | DIRECTOR Trustee or director | 5 | $0 | $0 | $0 |
| SHANNON ARVIN BISHOP | DIRECTOR Trustee or director | 5 | $0 | $0 | $0 |
| DAVID O'ROURKE | DIRECTOR Trustee or director | 5 | $0 | $0 | $0 |
| LOU CELLA | DIRECTOR Trustee or director | 5 | $0 | $0 | $0 |
| MIKE ROGERS | DIRECTOR Trustee or director | 5 | $0 | $0 | $0 |
| DENNIS DRAZIN | DIRECTOR Trustee or director | 5 | $0 | $0 | $0 |
| JOSH RUBINSTEIN | DIRECTOR Trustee or director | 5 | $0 | $0 | $0 |
| DREW FLEMING | DIRECTOR Trustee or director | 5 | $0 | $0 | $0 |
| JUDY WAGNER | DIRECTOR Trustee or director | 5 | $0 | $0 | $0 |
| JIM GAGLIANO | DIRECTOR Trustee or director | 5 | $0 | $0 | $0 |
| JOE WILSON | DIRECTOR Trustee or director | 5 | $0 | $0 | $0 |
| MIKE ZIEGLER | DIRECTOR Trustee or director | 5 | $0 | $0 | $0 |
| ANDREW MOORE | DIRECTOR Trustee or director | 5 | $0 | $0 | $0 |
| BILL NADER | DIRECTOR Trustee or director | 5 | $0 | $0 | $0 |
990 for the year ended March 31, 2023: 23 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| THOMAS ROONEY | CEO Trustee or director, Officer | 50 | $340,608 | $14,880 |
| KEITH CHAMBLIN | COO Trustee or director, Officer | 50 | $292,195 | $12,749 |
| ALEXANDER M WALDROP | FORMER CEO & PRESIDENT Former | 50 | $249,201 | $0 |
| FREDERICK WIDAMAN | SENIOR VP OF NTRA ADVANTAGE Highest-paid employee | 50 | $173,148 | $0 |
| MEGHAN RODGERS | SENIOR VP OF COMMUNICATIONS Highest-paid employee | 50 | $159,480 | $0 |
| STEPHEN DRISKILL | SENIOR SALES DIRECTOR Highest-paid employee | 50 | $149,845 | $0 |
| JOE BACIGALUPO | VP OF MEMBERSHIP DEVELOPMENT Highest-paid employee | 50 | $127,541 | $3,343 |
| MICHELE RAVENCRAFT | SENIOR VP OF EVENTS Highest-paid employee | 50 | $110,898 | $2,416 |
| JOE APPELBAUM | DIRECTOR Trustee or director | 5 | $0 | $0 |
| DAVID O'FARRELL | DIRECTOR Trustee or director | 5 | $0 | $0 |
| SHANNON ARVIN | DIRECTOR Trustee or director, Officer | 5 | $0 | $0 |
| DAVID O'ROURKE | DIRECTOR Trustee or director | 5 | $0 | $0 |
| LOU CELLA | DIRECTOR Trustee or director | 5 | $0 | $0 |
| MIKE ROGERS | DIRECTOR Trustee or director | 5 | $0 | $0 |
| DENNIS DRAZIN | DIRECTOR Trustee or director | 5 | $0 | $0 |
| JOSH RUBINSTEIN | DIRECTOR Trustee or director | 5 | $0 | $0 |
| DREW FLEMING | DIRECTOR Trustee or director | 5 | $0 | $0 |
| JUDY WAGNER | DIRECTOR Trustee or director | 5 | $0 | $0 |
| GARY FENTON | DIRECTOR Trustee or director | 5 | $0 | $0 |
| JIM GAGLIANO | DIRECTOR Trustee or director | 5 | $0 | $0 |
| JOE WILSON | DIRECTOR Trustee or director | 5 | $0 | $0 |
| JOHN HINDMAN | DIRECTOR Trustee or director | 5 | $0 | $0 |
| MIKE ZIEGLER | DIRECTOR Trustee or director | 5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 401 W MAIN ST STE 222, LEXINGTON, KY 40507-1630
- Principal officer (990 for 2024)
- KEITH CHAMBLIN, 401 WEST MAIN STREET 222, LEXINGTON, KY 40507
- Signed the 990
- KEITH CHAMBLIN, COO
- Phone
- (859) 245-6872
- Website
- WWW.NTRA.COM
- Return prepared by
- LBMC PC
Mission
THE NTRA IS A BROADLY DEFINED MEMBERSHIP ASSOCIATION THAT IS CHARGED WITH INCREASING THE POPULARITY, WELFARE AND INTEGRITY OF THOROUGHBRED RACING.
Program accomplishments
- THE NTRA'S FEDERAL LEGISLATIVE ADVOCACY TEAM ADDRESSES ISSUES THAT HAVE A DIRECT AND MATERIAL IMPACT ON THOROUGHBRED INDUSTRY PARTICIPANTS AND THEIR BUSINESS ACTIVITIES, WHETHER THOSE ACTIVITIES RELATE TO RACING, BREEDING OR PARI-MUTUEL WAGERING.THE LEGISLATIVE TEAM HAS SECURED PASSAGE OF LEGISLATION TO LEGALIZE ONLINE PARI-MUTUEL WAGERING UNDER THE INTERSTATE HORSERACING ACT. THE TEAM FOR MORE THAN A DECADE ADVOCATED FOR AND EVENTUALLY SECURED CHANGES TO THE TAX CODE THAT MODERNIZED IRS REGULATIONS RELATING TO THE REPORTING AND WITHHOLDING OF PARI-MUTUEL WINNINGS. THE TEAM WORKS ON AN ONGOING BASIS TO SECURE FAVORABLE TAX REFORM DESIGNED TO STIMULATE INVESTMENT IN THOROUGHBRED BLOODSTOCK. OTHER FEDERAL LEGISLATIVE TARGETS INCLUDE IMMIGRATION AND SPORTS BETTING.
- THE NTRA REACHES ITS TWO PRIMARY CONSTITUENCIES-RACING CUSTOMERS AND INDUSTRY STAKEHOLDERSTHROUGH A COMBINATION OF PAID, EARNED AND SOCIAL MEDIA.THE NTRA'S MOST POPULAR PROMOTION IS THE NATIONAL HORSEPLAYERS CHAMPIONSHIP (NHC), WITH PRIZE MONEY AND AWARDS TOTALING MORE THAN $3.5 MILLION. THE NHC IS HELD EACH FEBRUARY IN LAS VEGAS, NV.THE NTRA OWNS AND PRODUCES THE ECLIPSE AWARDS, WHICH ANNUALLY RECOGNIZES HUMANS AND EQUINES FOR THEIR CHAMPIONSHIP PERFORMANCES IN NORTH AMERICA.BACKED BY 55 RACETRACKS, ALL MAJOR HORSEMEN'S GROUPS, AND MANY OTHER INDUSTRY STAKEHOLDER ORGANIZATIONS, THE NTRA IN 2009 FORMED THE SAFETY AND INTEGRITY ALLIANCE TO ESTABLISH AND IMPLEMENT NATIONAL STANDARDS AND REFORMS RELATING TO SAFETY, INTEGRITY AND THE WELFARE OF THE THOROUGHBRED.THROUGH A CODE OF STANDARDS AND AN ACCREDITATION PROCESS, THE ALLIANCE INSTITUTES AN EVOLVING SET OF STANDARDS RELATED TO THE FOLLOWING AREAS: 1) INJURY REPORTING AND PREVENTION; 2) A SAFER RACING ENVIRONMENT; 3) UNIFORM EQUINE MEDICATION, TESTING AND PENALTIES; 4) JOCKEY SAFETY, 5) THOROUGHBRED AFTERCARE AND 6) WAGERING INTEGRITY.
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 March, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | March 31, 2026 | August 17, 2026 | Not on file |
| 2024 | March 31, 2025 | August 15, 2025 | 990 on file |
| 2023 | March 31, 2024 | August 15, 2024 | 990 on file |
IRS record
- EIN
- 13-3985050
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1998
- Accounting year ends
- March
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $18,554,324
- Income (IRS master file)
- $12,582,981
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | March 2025 | $11,696,083 | $13,666,564 | $18,554,324 | XML |
| 990 | March 2024 | $9,207,699 | $9,931,515 | $18,145,577 | XML |
| 990 | March 2023 | $9,155,770 | $8,891,496 | $17,690,078 | XML |
| 990 | March 2022 | $10,577,962 | $10,886,335 | $16,910,608 | IRS |
| 990 | March 2021 | – | – | – | IRS |
| 990 | March 2019 | – | – | – | 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 13-3985050).
Questions about NATIONAL THOROUGHBRED RACING
- What is the EIN of NATIONAL THOROUGHBRED RACING?
- The employer identification number (EIN) of NATIONAL THOROUGHBRED RACING is 13-3985050.
- Is NATIONAL THOROUGHBRED RACING tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1998.
- Are donations to NATIONAL THOROUGHBRED RACING tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does NATIONAL THOROUGHBRED RACING 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 NATIONAL THOROUGHBRED RACING due?
- The return for tax year 2025 (the year ending March 31, 2026) is due August 17, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NATIONAL THOROUGHBRED RACING last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended March 2025.
- Who is the principal officer of NATIONAL THOROUGHBRED RACING?
- The 990 for the year ended March 31, 2025 names KEITH CHAMBLIN.
- Who are the officers and directors of NATIONAL THOROUGHBRED RACING?
- The 990 for the year ended March 31, 2025 lists 28 people; 8 received compensation from the organization, the highest $381,587 (THOMAS ROONEY, CEO).
- How much revenue does NATIONAL THOROUGHBRED RACING have?
- On its 990 for the year ended March 31, 2025 it reported revenue of $11,696,083, expenses of $13,666,564 and total assets of $18,554,324 at year end.
Other nonprofits in LEXINGTON
- APPALACHIAN REGIONAL HEALTHCARE INC EIN 52-0795508 · last filed 990 for 2025
- UNIVERSITY OF KENTUCKY RESEARCH FOUNDATION EIN 61-6033693 · last filed 990 for 2025
- KENTUCKY MEDICAL SERVICES FOUNDATION INC EIN 61-0945743 · last filed 990 for 2025
- ARH TUG VALLEY HEALTH SERVICES INC EIN 82-2577178 · last filed 990 for 2025
- ARH MARY BRECKINRIDGE HEALTH SERVICES INC EIN 45-2696517 · last filed 990 for 2025
- NEW VISTA OF THE BLUEGRASS INC EIN 61-0723605 · last filed 990 for 2025
- NEW VISTA COMMUNITIES INC EIN 20-5452909 · last filed 990 for 2025
- HOSPICE OF THE BLUEGRASS INC EIN 61-0978097 · last filed 990 for 2024