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Filing year 2024

INDIANA HORSEMEN'S BENEVOLENT & PROTECTIVE ASSOCIATION INC

Fairland, Indiana·EIN 31-1390231·6
Total revenue
$1.6M
Total assets
$1.3M
Total expenses
$1.6M
Reported officers
14
Mission

THE ASSOCIATION'S MISSION IS TO PROMOTE, DEVELOP AND IMPROVE THE HORSE RACING INDUSTRY IN INDIANA. THE ASSOCIATION'S MOTTO IS: "WE ARE HORSEMEN HELPING HORSEMEN."

Executive compensation

Form 990 · Schedule J · 3 reported individuals · Filing year 2024

Exec Direct
highest compensated employee
$129k
$138k
$102k
$110k
Benevolence
officer (unspecified)
$83k
$89k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 11 unpaid individuals.

Held steady
from 2023

From $129k in 2023 to $129k in 2024.

$129k
2023
$129k
2024
In today's dollarsEst.
Down 3% in real terms$142k to $138k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

INDIANA HORSEMEN'S BENEVOLENT & PROTECTIVE ASSOCIATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.6M
$1.5M
2023
$1.6M
$1.6M
2024
Total revenue and total expenses from IRS Form 990 filings.
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