Nonprofit · EIN 20-1179229
CALIFORNIA THOROUGHBRED BUSINESS LEAGUE
Tax-exempt · ARCADIA, CA 91007
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $5,688,094 | $5,632,332 | $55,762 | $6,533,932 | $40,205 | $6,493,727 |
| December 31, 2023 | 990 | $6,287,731 | $5,621,424 | $666,307 | $6,457,821 | $15,000 | $6,442,821 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $5,534,972
- Investment income
- $153,122
- Net gain from sales of assets
- $146,592
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $8,325
- Accounting fees
- $17,115
- Program services (functional)
- $5,500,000
- Management and general (functional)
- $132,332
Balance sheet and other
- Total assets, start of year
- $6,457,821
- Total assets, end of year
- $6,533,932
- Total liabilities, end of year
- $40,205
- Net assets, end of year
- $6,493,727
- Net assets without donor restrictions
- $6,493,727
- Gross receipts
- $9,723,865
- Employees
- 0
- Volunteers
- 8
- Year formed
- 2004
- State of legal domicile
- CA
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM NADAR | CHAIR Trustee or director, Officer | 1 | $0 |
| ALAN BALCH | SECRETARY Trustee or director, Officer | 1 | $0 |
| DOUG BURGE | DIRECTOR Trustee or director | 1 | $0 |
| RICK ENGLISH | DIRECTOR Trustee or director | 1 | $0 |
| NATE NEWBY | DIRECTOR Trustee or director | 1 | $0 |
| TOM ROBBINS | DIRECTOR Trustee or director | 1 | $0 |
| ERIC SINDLER | DIRECTOR Trustee or director | 1 | $0 |
| LARRY SWARTZLANDER | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM NADAR | CHAIR Trustee or director, Officer | 1 | $0 |
| ALAN BALCH | SECRETARY Trustee or director, Officer | 1 | $0 |
| DOUG BURGE | DIRECTOR Trustee or director | 1 | $0 |
| LARRY SWARTZLANDER | DIRECTOR Trustee or director | 1 | $0 |
| RICK ENGLISH | DIRECTOR Trustee or director | 1 | $0 |
| NATE NEWBY | DIRECTOR Trustee or director | 1 | $0 |
| TOM ROBBINS | DIRECTOR Trustee or director | 1 | $0 |
| BOB LIEWALD | DIRECTOR Trustee or director | 1 | $0 |
| ERIC SINDLER | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 285 W HUNTINGTON DR, ARCADIA, CA 91007-3439
- In care of
- % EDWARD I HALPERN
- Principal officer (990 for 2024)
- WILLIAM A NADER, 285 W HUNTINGTON DR, ARCADIA, CA 91007
- Signed the 990
- WILLIAM A NADER, CHAIR
- Phone
- (626) 574-6617
- Return prepared by
- CLIFTONLARSONALLEN LLP
California records
California keeps its own records of charities and corporations. Search them by EIN 20-1179229 or by the name CALIFORNIA THOROUGHBRED BUSINESS LEAGUE.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
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.
Program accomplishments
- PAYMENTS FOR WORKERS COMPENSATION INSURANCE PURSUANT TO CALIFORNIA BUSINESS & PROFESSIONS CODE SECTION 19605.75.Expenses $5,500,000 · revenue $5,534,972
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 20-1179229
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2005
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $6,533,932
- Income (IRS master file)
- $9,723,865
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $5,688,094 | $5,632,332 | $6,533,932 | XML |
| 990 | December 2023 | $6,287,731 | $5,621,424 | $6,457,821 | XML |
| 990 | December 2022 | $6,344,880 | $5,620,584 | $5,796,154 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 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 20-1179229).
Questions about CALIFORNIA THOROUGHBRED BUSINESS LEAGUE
- What is the EIN of CALIFORNIA THOROUGHBRED BUSINESS LEAGUE?
- The employer identification number (EIN) of CALIFORNIA THOROUGHBRED BUSINESS LEAGUE is 20-1179229.
- Is CALIFORNIA THOROUGHBRED BUSINESS LEAGUE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2005.
- Are donations to CALIFORNIA THOROUGHBRED BUSINESS LEAGUE tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does CALIFORNIA THOROUGHBRED BUSINESS LEAGUE 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 CALIFORNIA THOROUGHBRED BUSINESS LEAGUE 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 CALIFORNIA THOROUGHBRED BUSINESS LEAGUE 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 CALIFORNIA THOROUGHBRED BUSINESS LEAGUE?
- The 990 for the year ended December 31, 2024 names WILLIAM A NADER.
- Who are the officers and directors of CALIFORNIA THOROUGHBRED BUSINESS LEAGUE?
- The 990 for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
- How much revenue does CALIFORNIA THOROUGHBRED BUSINESS LEAGUE have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $5,688,094, expenses of $5,632,332 and total assets of $6,533,932 at year end.
Other nonprofits in ARCADIA
- MELROSE BUSINESS IMPROVEMENT ASSOCIATION EIN 46-4202182 · last filed 990 for 2024
- ASSISTANCE LEAGUE OF ARCADIA EIN 95-6055339 · last filed 990 for 2025
- CALIFORNIA FEDERATION OF WOMENS CLUBS EIN 95-1385699 · last filed 990-EZ for 2025
- DREAMS COME TRUE FOUNDATION INC EIN 87-1105545 · last filed 990-EZ for 2024
- AMERICAN CHONGQING GENERAL CHAMBER OF COMMERCE EIN 92-2241746 · last filed 990 for 2024
- LA PHOENIX LIONS CLUB EIN 39-2454038 · last filed 990-EZ for 2025
- RIDE ARCADIA EIN 99-5095681 · last filed 990-N for 2023
- FOOTHILL IMPACT FOUNDATION EIN 39-4131222 · last filed 990-EZ for 2025
All nonprofits in ARCADIA · California · Community improvement and capacity building