Kentucky Horsemans Benevolent And Protective Association Inc

Louisville, KY
Tax-exempt since March 1992
EIN: 61-1162231

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Type of Nonprofit

Designated as a 501(c)(6) Business leagues, chambers of commerce, real estate boards, etc, created for the improvement of business conditions.

Donations to this organization are not tax deductible.

Revenue

$2.87M (2024)

Expenses

$1.31M (2024)

Total Assets

$5.5M (2024)

Total Liabilities

$67.5k (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Revenue

$2,868,232

Expenses

$1,310,138

Net Income

$1,558,094

Net Assets

$5,429,088

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$2,730,867	95.2%
Investment Income	$44,797	1.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$92,528	3.2%
Net Inventory Sales	$0
Other Revenue	$40	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$182,436	13.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$326,073	24.9%

Assets/Debt
Total Assets	$5,496,539
Total Liabilities	$67,451
Net Assets	$5,429,088

Compensation

Key Employees and Officers	Compensation	Related	Other
Alex Foley (Executive Director)	$133,750	$0	$0
Rick Hiles (Director)	$48,686	$0	$0
Dale Romans (President)	$0	$0	$0
Michael Bruder (Director (Previous))	$0	$0	$0
Mark Bacon (Director)	$0	$0	$0
John Hancock (2 Nd Vice President)	$0	$0	$0
Jim Williams (Director (Previous))	$0	$0	$0
Travis Foley (1 St Vice President)	$0	$0	$0
William Buff Bradley (Director)	$0	$0	$0
Norman Casse (Director (Previous))	$0	$0	$0
Bentley Combs (Director (Previous))	$0	$0	$0
Jason Barkley (Director (Previous))	$0	$0	$0
Jordan Blair (Director)	$0	$0	$0
Bret Calhoun (Director)	$0	$0	$0
Phil Bauer (Director)	$0	$0	$0
Casey Klein (Director)	$0	$0	$0
Hans Maron (Director)	$0	$0	$0

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990

Filed on Oct. 20, 2025

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2023

Revenue

$2,216,649

Expenses

$1,145,272

Net Income

$1,071,377

Net Assets

$3,773,793

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$2,148,980	96.9%
Investment Income	$48,027	2.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$10,407	0.5%
Net Inventory Sales	$0
Other Revenue	$9,235	0.4%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$63,893	5.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$398,447	34.8%

Assets/Debt
Total Assets	$3,795,613
Total Liabilities	$21,820
Net Assets	$3,773,793

Compensation

Key Employees and Officers	Compensation	Related	Other
Rick Hiles (President)	$51,032	$0	$0
Alex Foley (Executive Director)	$12,861	$0	$0
Dale Romans (Director)	$0	$0	$0
Michael J Bruder (Director)	$0	$0	$0
Mark C Bacon (Director)	$0	$0	$0
John Hancock (Director)	$0	$0	$0
James Williams (Director)	$0	$0	$0
Travis Foley (Director)	$0	$0	$0
William Buff Bradley (Director)	$0	$0	$0
Norman Casse (Director)	$0	$0	$0
Bentley Combs (Director)	$0	$0	$0
Jason Barkley (Director)	$0	$0	$0

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990

Filed on Nov. 15, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2022

Revenue

$1,994,416

Expenses

$1,331,976

Net Income

$662,440

Net Assets

$2,597,195

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,971,819	98.9%
Investment Income	$18,345	0.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$4,252	0.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$280,802	21.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$287,979	21.6%

Assets/Debt
Total Assets	$2,650,674
Total Liabilities	$53,479
Net Assets	$2,597,195

Compensation

Key Employees and Officers	Compensation	Related	Other
Martin A Maline (Executive Director)	$202,495	$0	$0
Rick Hiles (President)	$47,252	$0	$0
John D Griffith (Treasurer)	$31,055	$0	$0
Dale Romans (Vice President)	$0	$0	$0
Michael J Bruder (Director)	$0	$0	$0
Mark C Bacon (Director)	$0	$0	$0
John Hancock (Director)	$0	$0	$0
Frank Jones Jr (Vice President)	$0	$0	$0
Travis Foley (Director)	$0	$0	$0
William Buff Bradley (Director)	$0	$0	$0
Norman Casse (Director)	$0	$0	$0
Bentley Combs (Director)	$0	$0	$0
Jason Barkley (Director)	$0	$0	$0

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990

Filed on Nov. 13, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2021

Revenue

$1,522,291

Expenses

$1,104,161

Net Income

$418,130

Net Assets

$1,975,302

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,511,535	99.3%
Investment Income	$10,878	0.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$2,113
Net Inventory Sales	$0
Other Revenue	$1,991	0.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$254,452	23.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$249,189	22.6%

Assets/Debt
Total Assets	$2,025,353
Total Liabilities	$50,051
Net Assets	$1,975,302

Compensation

Key Employees and Officers	Compensation	Related	Other
Martin A Maline (Executive Director)	$177,238	$0	$0
Rick Hiles (President)	$44,160	$0	$0
John D Griffith (Treasurer)	$33,054	$0	$0
Dale Romans (Vice President)	$0	$0	$0
Michael J Bruder (Director)	$0	$0	$0
Mark C Bacon (Director)	$0	$0	$0
John Hancock (Director)	$0	$0	$0
Frank Jones Jr (Vice President)	$0	$0	$0
Travis Foley (Director)	$0	$0	$0
William Buff Bradley (Director)	$0	$0	$0
Norman Casse (Director)	$0	$0	$0
Bentley Combs (Director)	$0	$0	$0
Jason Barkley (Director)	$0	$0	$0

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990

Filed on Nov. 14, 2022

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Fiscal Year Ending Dec.
2020

Revenue

$1,359,309

Expenses

$1,079,167

Net Income

$280,142

Net Assets

$1,504,041

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$90,246	6.6%
Program Services	$1,043,414	76.8%
Investment Income	$9,405	0.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$149,770	11.0%
Net Inventory Sales	$0
Other Revenue	$66,474	4.9%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$326,811	30.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$196,633	18.2%

Assets/Debt
Total Assets	$1,574,828
Total Liabilities	$70,787
Net Assets	$1,504,041

Compensation

Key Employees and Officers	Compensation	Related	Other
Martin A Maline (Executive Director)	$168,798	$0	$0
John D Griffith (Treasurer)	$87,635	$0	$0
Rick Hiles (President)	$42,058	$0	$0
William R Connelly (Director)	$28,320	$0	$0
Dale Romans (Vice President)	$0	$0	$0
Michael J Bruder (Director)	$0	$0	$0
Mark C Bacon (Director)	$0	$0	$0
Rc Sturgeon (Director)	$0	$0	$0
John Hancock (Director)	$0	$0	$0
Frank Jones Jr (Vice President)	$0	$0	$0
Travis Foley (Director)	$0	$0	$0
William Buff Bradley (Director)	$0	$0	$0
F Thomas Conway (Director)	$0	$0	$0

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990

Filed on Feb. 15, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2019

Revenue

$1,403,145

Expenses

$1,118,676

Net Income

$284,469

Net Assets

$1,225,616

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,319,668	94.1%
Investment Income	$8,798	0.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$74,679	5.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$284,277	25.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$205,122	18.3%

Assets/Debt
Total Assets	$1,298,280
Total Liabilities	$72,664
Net Assets	$1,225,616

Compensation

Key Employees and Officers	Compensation	Related	Other
Martin A Maline (Executive Director)	$160,760	$0	$0
John D Griffith (Treasurer)	$83,462	$0	$0
Rick Hiles (President)	$40,055	$0	$0
Dale Romans (Vice President)	$0	$0	$0
Michael J Bruder (Director)	$0	$0	$0
Mark C Bacon (Director)	$0	$0	$0
Rc Sturgeon (Director)	$0	$0	$0
John Hancock (Director)	$0	$0	$0
William R Connelly (Director)	$0	$0	$0
Frank Jones Jr (Vice President)	$0	$0	$0
Travis Foley (Director)	$0	$0	$0
William Buff Bradley (Director)	$0	$0	$0
F Thomas Conway (Director)	$0	$0	$0

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990

Filed on Feb. 16, 2022

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Fiscal Year Ending Dec.
2018

Revenue

$1,104,684

Expenses

$1,067,254

Net Income

$37,430

Net Assets

$882,933

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,027,383	93.0%
Investment Income	$8,939	0.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$68,362	6.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$273,343	25.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$179,542	16.8%

Assets/Debt
Total Assets	$948,980
Total Liabilities	$66,047
Net Assets	$882,933

Compensation

Key Employees and Officers	Compensation	Related	Other
Martin A Maline (Executive Director)	$154,577	$0	$0
John D Griffith (Treasurer)	$80,252	$0	$0
Rick Hiles (President)	$38,514	$0	$0
Dale Romans (Vice President)	$0	$0	$0
Michael J Bruder (Director)	$0	$0	$0
Mark C Bacon (Director)	$0	$0	$0
Rc Sturgeon (Director)	$0	$0	$0
John Hancock (Director)	$0	$0	$0
William R Connelly (Director)	$0	$0	$0
Frank Jones Jr (Vice President)	$0	$0	$0
Travis Foley (Director)	$0	$0	$0
William Buff Bradley (Director)	$0	$0	$0
F Thomas Conway (Director)	$0	$0	$0

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990

Filed on Nov. 13, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2017

Revenue

$1,011,908

Expenses

$968,554

Net Income

$43,354

Net Assets

$873,922

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$964,850	95.3%
Investment Income	$8,100	0.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$25,063
Net Inventory Sales	$0
Other Revenue	$64,021	6.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$268,850	27.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$151,700	15.7%

Assets/Debt
Total Assets	$933,244
Total Liabilities	$59,322
Net Assets	$873,922

The IRS has provided extracted financial data for this filing, but has not yet released the source documents.

Fiscal Year Ending Dec.
2016

Revenue

$1,002,254

Expenses

$946,610

Net Income

$55,644

Net Assets

$774,417

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$915,357	91.3%
Investment Income	$6,751	0.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$80,146	8.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$260,253	27.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$146,967	15.5%

Assets/Debt
Total Assets	$864,126
Total Liabilities	$89,709
Net Assets	$774,417

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2015

Revenue

$966,965

Expenses

$925,598

Net Income

$41,367

Net Assets

$697,492

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$862,996	89.2%
Investment Income	$7,553	0.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$2,236
Net Inventory Sales	$0
Other Revenue	$98,652	10.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$227,560	24.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$128,498	13.9%

Assets/Debt
Total Assets	$788,717
Total Liabilities	$91,225
Net Assets	$697,492

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2014

Revenue

$960,914

Expenses

$971,162

Net Income

-$10,248

Net Assets

$671,792

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$849,114	88.4%
Investment Income	$12,751	1.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$99,049	10.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$210,280	21.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$145,513	15.0%

Assets/Debt
Total Assets	$747,101
Total Liabilities	$75,309
Net Assets	$671,792

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Revenue

$898,960

Expenses

$873,395

Net Income

$25,565

Net Assets

$680,850

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$795,660	88.5%
Investment Income	$8,049	0.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$95,251	10.6%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$205,613	23.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$145,149	16.6%

Assets/Debt
Total Assets	$776,011
Total Liabilities	$95,161
Net Assets	$680,850

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Revenue

$895,957

Expenses

$923,999

Net Income

-$28,042

Net Assets

$611,294

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$796,679	88.9%
Investment Income	$2,254	0.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$3,130	0.3%
Net Inventory Sales	$0
Other Revenue	$93,894	10.5%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$200,488	21.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$138,569	15.0%

Assets/Debt
Total Assets	$675,302
Total Liabilities	$64,008
Net Assets	$611,294

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$890,820

Expenses

$947,547

Net Income

-$56,727

Net Assets

$652,056

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$774,490	86.9%
Investment Income	$892	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$115,438	13.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$201,574	21.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$137,841	14.5%

Assets/Debt
Total Assets	$953,948
Total Liabilities	$301,892
Net Assets	$652,056

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

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Kentucky Horsemans Benevolent And Protective Association Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $2.87M (2024)

Expenses $1.31M (2024)

Total Assets $5.5M (2024)

Total Liabilities $67.5k (2024)

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

No Document Links

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Revenue

$2.87M (2024)

Expenses

$1.31M (2024)

Total Assets

$5.5M (2024)

Total Liabilities

$67.5k (2024)

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004