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Filing year 2023

THOROUGHBRED OWNERS OF CALIFORNIA

Arcadia, California·EIN 95-4406781·501(c)(6)
Total revenue
$1.4M
Total assets
$3.5M
Total expenses
$1.5M
Reported officers
16
Mission

THOROUGHBRED OWNERS OF CALIFORNIA'S OVERALL PURPOSE IS TO PROVIDE EFFECTIVE LEADERSHIP TO THE THOROUGHBRED RACING INDUSTRY IN CALIFORNIA. TOC INTENDS TO ACCOMPLISH THIS BY CONTINUALLY IMPROVING THE PROFITABILITY OF OWNERSHIP, INCREASING THE NUMBER OF HORSE OWNERS, ELEVATING THE QUALITY OF CALIFORNIA'S HORSES, AND USING EMERGING TECHNOLOGIES TO THE BENEFIT OF RACING.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President / CEO
Above 90th percentile
$583k
$644k
Base
$475k
Bonus
$88k
Other
Benefits
$21k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Los Angeles-Long Beach-Anaheim, CA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 15 unpaid individuals.

Up 50%
from 2022

From $389k in 2022 to $583k in 2023.

$389k
2022
$583k
2023
In today's dollarsEst.
Up 45% in real terms$444k to $644k

Estimated with Los Angeles-Long Beach-Anaheim, CA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 50% from 2022 to 2023, while revenue rose 3%.

$389k in 2022 to $583k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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

Revenue and expenses over time

THOROUGHBRED OWNERS OF CALIFORNIA reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.4M
$1.4M
2022
$1.4M
$1.5M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about THOROUGHBRED OWNERS OF CALIFORNIA

What does the Chief Executive Officer of THOROUGHBRED OWNERS OF CALIFORNIA earn?

In 2023, the Chief Executive Officer of THOROUGHBRED OWNERS OF CALIFORNIA received $583,092 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at THOROUGHBRED OWNERS OF CALIFORNIA compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at THOROUGHBRED OWNERS OF CALIFORNIA falls in the top 10%.

What are THOROUGHBRED OWNERS OF CALIFORNIA's revenue and expenses?

In 2023, THOROUGHBRED OWNERS OF CALIFORNIA reported $1.4M in total revenue and $1.5M in total expenses on its IRS Form 990.

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