Nonprofit · EIN 52-2027153
DELAWARE STANDARDBRED OWNERS ASSOCIATION INC
Tax-exempt · DOVER, DE 19904
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $5,295,050 | $4,990,728 | $304,322 | $13,327,168 | $249,143 | $13,078,025 |
| September 30, 2024 | 990 | $4,823,811 | $3,330,719 | $1,493,092 | $12,644,186 | $70,391 | $12,573,795 |
| September 30, 2023 | 990 | $3,928,219 | $3,037,054 | $891,165 | $10,206,627 | $145,938 | $10,060,689 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $3,817,928
- Investment income
- $1,477,122
- Net gain from sales of assets
- $697,458
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $3,535,773
- Other salaries and wages
- $410,088
- Salaries, compensation and benefits (total)
- $454,434
- Professional fundraising fees
- $0
- Legal fees
- $44,375
- Accounting fees
- $13,850
- Occupancy
- $29,234
- Travel
- $3,194
- Depreciation
- $4,487
- Program services (functional)
- $4,844,029
- Management and general (functional)
- $146,699
Balance sheet and other
- Total assets, start of year
- $12,644,186
- Total assets, end of year
- $13,327,168
- Total liabilities, end of year
- $249,143
- Net assets, end of year
- $13,078,025
- Land, buildings and equipment
- $113,185
- Net assets without donor restrictions
- $13,078,025
- Gross receipts
- $8,148,592
- Employees
- 7
- 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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JOHN HENSLEY | EXECUTIVE DI Highest-paid employee | 40 | $150,000 | $8,414 |
| RICHARD ASHLEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| FRANK DELIBERTI | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| GEORGE DENNIS | 1ST VICE PRE Trustee or director, Officer | 1 | $0 | $0 |
| THOMAS IRELAND | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JAMES KING | DIRECTOR Trustee or director | 1 | $0 | $0 |
| VICTOR KIRBY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANDY MARKANO | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| CARLO POLISENO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JASON SKINNER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GEORGE TEAGUE | 2ND VICE PRE Trustee or director, Officer | 1 | $0 | $0 |
| FRANCES E WEST | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| T ROSS WOLFENDEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended September 30, 2024: 13 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JOHN HENSLEY | EXECUTIVE DI Highest-paid employee | 40 | $140,000 | $4,200 |
| RICHARD ASHLEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| FRANK DELIBERTI | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| GEORGE DENNIS | 1ST VICE PRE Trustee or director, Officer | 1 | $0 | $0 |
| THOMAS IRELAND | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JAMES KING | DIRECTOR Trustee or director | 1 | $0 | $0 |
| VICTOR KIRBY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANDY MARKANO | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| CARLO POLISENO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JASON SKINNER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GEORGE TEAGUE | 2ND VICE PRE Trustee or director, Officer | 1 | $0 | $0 |
| FRANCES E WEST | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| T ROSS WOLFENDEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended September 30, 2023: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SALVATORE DIMARIO | EXECUTIVE DI Former | 40 | $180,000 |
| RICHARD ASHLEY | DIRECTOR Trustee or director | 1 | $0 |
| FRANK DELIBERTI | TREASURER Trustee or director, Officer | 1 | $0 |
| GEORGE DENNIS | 1ST VICE PRE Trustee or director, Officer | 1 | $0 |
| THOMAS IRELAND | DIRECTOR Trustee or director | 1 | $0 |
| JAMES KING | DIRECTOR Trustee or director | 1 | $0 |
| VICTOR KIRBY | DIRECTOR Trustee or director | 1 | $0 |
| ANDY MARKANO | PRESIDENT Trustee or director, Officer | 1 | $0 |
| CARLO POLISENO | DIRECTOR Trustee or director | 1 | $0 |
| JASON SKINNER | DIRECTOR Trustee or director | 1 | $0 |
| GEORGE TEAGUE | 2ND VICE PRE Trustee or director, Officer | 1 | $0 |
| FRANCES E WEST | SECRETARY Trustee or director, Officer | 1 | $0 |
| T ROSS WOLFENDEN | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 830 WALKER RD STE 11-2, DOVER, DE 19904-2748
- Principal officer (990 for 2024)
- ANDY MARKANO, 34440 SHOCKLEYTOWN ROAD, FRANKFORD, DE 19945
- Signed the 990
- JOHN HENSLEY, EXECUTIVE DIRECTOR
- Phone
- (302) 678-3058
- Return prepared by
- ATLANTIC BLUE ADVISORS LLC
Mission
THE ORGANIZATION PROMOTES AND PROTECTS THE WELFARE OF HORSEMEN IN DELAWARE. IT NEGOTIATES PURSE STRUCTURE, INSURANCE AND WELFARE PROGRAMS AND COUNCILS AND INFORMS THE HORSEMEN ON MATTERS PERTAINING TO HARNESS RACING.
Program accomplishments
- PROVIDE INSURANCE AND OTHER WELFARE PROGRAMS TO DELAWARE HORSEMEN AND TO NEGOTIATE WITH THE LOCAL RACETRACKS FOR THE BENEFIT OF THE HORSEMENExpenses $4,844,029 · revenue $3,817,928
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 52-2027153
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1998
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $13,327,168
- Income (IRS master file)
- $8,148,592
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $5,295,050 | $4,990,728 | $13,327,168 | XML |
| 990 | September 2024 | $4,823,811 | $3,330,719 | $12,644,186 | XML |
| 990 | September 2023 | $3,928,219 | $3,037,054 | $10,206,627 | XML |
| 990 | September 2022 | – | – | – | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 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 52-2027153).
Questions about DELAWARE STANDARDBRED OWNERS ASSOCIATION INC
- What is the EIN of DELAWARE STANDARDBRED OWNERS ASSOCIATION INC?
- The employer identification number (EIN) of DELAWARE STANDARDBRED OWNERS ASSOCIATION INC is 52-2027153.
- Is DELAWARE STANDARDBRED OWNERS ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1998.
- Are donations to DELAWARE STANDARDBRED OWNERS ASSOCIATION INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does DELAWARE STANDARDBRED OWNERS ASSOCIATION 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 DELAWARE STANDARDBRED OWNERS ASSOCIATION INC due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did DELAWARE STANDARDBRED OWNERS ASSOCIATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of DELAWARE STANDARDBRED OWNERS ASSOCIATION INC?
- The 990 for the year ended September 30, 2025 names ANDY MARKANO.
- Who are the officers and directors of DELAWARE STANDARDBRED OWNERS ASSOCIATION INC?
- The 990 for the year ended September 30, 2025 lists 13 people; 1 received compensation from the organization, the highest $150,000 (JOHN HENSLEY, EXECUTIVE DI).
- How much revenue does DELAWARE STANDARDBRED OWNERS ASSOCIATION INC have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $5,295,050, expenses of $4,990,728 and total assets of $13,327,168 at year end.
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