Illinois Thoroughbred Horsemen Association Benefit Trust

Nonprofit profile at a glance

EIN
208458592
IRS 990-EZ coverage
2014–2025
Forms available
Form 990 2013, Form 990-EZ 2025
Location
North Riverside, IL, USA
Phone
7086522201
Rating confidence
Limited
Sector
Voluntary Employees Beneficiary Associations (Non-Government)

Reported finances

Expenses
$8,453
Assets
$3,882

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

2 people listed

People named in this filing

  • DAVID MCCAFFREY (TRUSTEE)
  • CHRIS BLOCK (TRUSTEE)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The purpose of the Illinois thoroughbred horsemen's association benefit trust is to address concerns of inadequate healthcare coverage in the horse racing industry. The benefit trust makes health coverage available and/or provides for the health insurance deductible to trainers and assistant trainers licensed in the state of Illinois. By assisting the beneficiaries in qualifying for and paying for health insurance coverage/deductible, the benefit trust improves the well-being of a generally low-income population. The trust helps lessen the burden on the public by preventing the beneficiaries from relying on emergency room services and public aid.

What it reported doing in 2025

Provides health insurance coverage and/or payment of health insurance deductibles to qualifying beneficiaries of the Illinois thoroughbred horse racing industry.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Member-benefit provider. The nonprofit used 100% of its reported program spending for member benefits.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 28
  • Transparency & Controls: 82
  • Sustainability: 18
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 75.3%; rating input score 75

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: 0.46; rating input score 41; 41st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 51; 51st percentile among comparable filings

Growth

  • Program expense growth: -5.9% per year; rating input score 0; 56th percentile among comparable filings
  • Revenue growth: -24.4% per year; rating input score 0; 32nd percentile among comparable filings
  • Asset growth: -12% per year; rating input score 0; 41st percentile among comparable filings

Details

  • Where the money goes: 75.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $6K in reported program spending
  • Leadership: top reported pay $0 · 2 people listed
  • Consistency: 4 of 4 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 12 filing years from 2014 to 2025
  • Contacts: How to reach this organization
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Sustainability: Total-asset coverage ratio scored 41/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 51/100.