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Nonprofit · EIN 52-2345300

MARYLAND STANDARDBRED HORSEMEN S ASSISTANCE FUND INC

Tax-exempt · TEMPLE HILLS, MD 20757

Financials

$33K$31K2023$54K$58K2024
Revenue Expenses · by fiscal year end
Financials of MARYLAND STANDARDBRED HORSEMEN S ASSISTANCE FUND INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$53,700$57,556-$3,856$159,495$0$159,495
December 31, 2023990$32,668$31,408$1,260$163,351$0$163,351
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$34,876
Program service revenue
$7,253
Investment income
$11,571
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$31,410
Other salaries and wages
$12,000
Salaries, compensation and benefits (total)
$12,944
Professional fundraising fees
$0
Accounting fees
$10,800
Program services (functional)
$46,839
Management and general (functional)
$10,717

Balance sheet and other

Total assets, start of year
$163,351
Total assets, end of year
$159,495
Total liabilities, end of year
$0
Net assets, end of year
$159,495
Net assets without donor restrictions
$153,889
Net assets with donor restrictions
$5,606
Gross receipts
$53,700
Employees
1
Volunteers
0
Year formed
2001
State of legal domicile
MD

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.

NameTitleHours / weekCompensation
COLBY HUBBLEDIRECTOR
Trustee or director
0$0
JASON WALTERSDIRECTOR
Trustee or director
0$0
TAMMY LAFFERTYDIRECTOR
Trustee or director
0$0
RUSSELL H FOSTERDIRECTOR
Trustee or director
0$0
FRANKLIN D MILBYDIRECTOR
Trustee or director
0$0
PETE MEDHURSTDIRECTOR
Trustee or director
0$0
KENNETH SCHLOTZHAUERDIRECTOR
Trustee or director
0$0
WILLIAM LONGSECRETARY/TREASURER
Trustee or director, Officer
0$0
THOMAS COOKEPRESIDENT
Trustee or director, Officer
0$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
COLBY HUBBLEDIRECTOR
Trustee or director
0$0
JASON WALTERSDIRECTOR
Trustee or director
0$0
TAMMY LAFFERTYDIRECTOR
Trustee or director
0$0
RUSSELL H FOSTERDIRECTOR
Trustee or director
0$0
FRANKLIN D MILBYDIRECTOR
Trustee or director
0$0
PETE MEDHURSTDIRECTOR
Trustee or director
0$0
KENNETH SCHLOTZHAUERDIRECTOR
Trustee or director
0$0
THOMAS COOKEPRESIDENT
Trustee or director, Officer
0$0
WILLIAM LONGSECRETARY/TREASURER
Trustee or director, Officer
0$0

Address and contacts

Address (IRS master file)
PO BOX 1732, TEMPLE HILLS, MD 20757-1732
In care of
% SHARON ROBERTS
Principal officer (990 for 2024)
SHARON L ROBERTS, PO BOX 1732, TEMPLE HILLS, MD 20757
Signed the 990
SHARON L ROBERTS, RESIDENT AGENT
Phone
(301) 567-9636
Return prepared by
DINENNA LEE CPA'S LLC

Mission

TO USE FUNDS DERIVED FROM FINES ASSESSED BY THE MARYLAND RACING COMMISSION FOR THE CHARITABLE BENEFIT & AID OF STANDARD BRED HORSEMEN & THEIR FAMILIES.

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDE CHARITABLE BENEFIT, AID AND ASSISTANCE TO STANDARD BRED HORSEMEN AND THEIR FAMILIES.
    Expenses $46,839 · revenue $18,824
  • N/A
  • N/A

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
52-2345300
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2003
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$159,495
Income (IRS master file)
$53,700

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$53,700$57,556$159,495IRS
990December 2023$32,668$31,408$163,351XML
990December 2022$59,773$26,461$162,091IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 52-2345300).

Questions about MARYLAND STANDARDBRED HORSEMEN S ASSISTANCE FUND INC

What is the EIN of MARYLAND STANDARDBRED HORSEMEN S ASSISTANCE FUND INC?
The employer identification number (EIN) of MARYLAND STANDARDBRED HORSEMEN S ASSISTANCE FUND INC is 52-2345300.
Is MARYLAND STANDARDBRED HORSEMEN S ASSISTANCE FUND INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
Are donations to MARYLAND STANDARDBRED HORSEMEN S ASSISTANCE FUND INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MARYLAND STANDARDBRED HORSEMEN S ASSISTANCE FUND 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 MARYLAND STANDARDBRED HORSEMEN S ASSISTANCE FUND INC 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 MARYLAND STANDARDBRED HORSEMEN S ASSISTANCE FUND INC 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 MARYLAND STANDARDBRED HORSEMEN S ASSISTANCE FUND INC?
The 990 for the year ended December 31, 2024 names SHARON L ROBERTS.
Who are the officers and directors of MARYLAND STANDARDBRED HORSEMEN S ASSISTANCE FUND INC?
The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
How much revenue does MARYLAND STANDARDBRED HORSEMEN S ASSISTANCE FUND INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $53,700, expenses of $57,556 and total assets of $159,495 at year end.

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