2023-11-14T13:54:12-06:00 2022-12-31 410746749 CLIFTONLARSONALLEN LLP 2210 EAST ROUTE 66 GLENDORA CA 91740 990 2022-01-01 953946289 CALIFORNIA THOROUGHBRED TRAINERS CALI 6264472145 PO BOX 660039 ARCADIA CA 910660039 ALAN BALCH EXECUTIVE DIRECTOR 6264472145 2023-11-13 1 ALAN BALCH 999009999 0 CASIE ZWAHLEN P02291311 6268577300 2023-11-13 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ALAN BALCH PO BOX 660039 ARCADIA CA 910660039 2753907 0 X WWW.CALTRAINERS.ORG X 1983 CA SEE SCHEDULE O.THE CALIFORNIA THOROUGHBRED TRAINERS (CTT) IS THE STATE AUTHORIZED ORGANIZATION FORMED FOR THE PURPOSE OF REPRESENTING THE BEST INTERESTS OF ITS MEMBER TRAINERS IN DEALING WITH THE CALIFORNIA HORSE RACING BOARD, THE RACING ASSOCIATIONS, VARIOUS RACING ENTITIES AND THE GENERAL PUBLIC. 9 9 23 9 0 0 52500 33000 1045678 2579526 33242 45650 3 0 1131423 2658176 4000 0 0 0 522947 537027 0 0 0 640343 897910 1167290 1434937 -35867 1223239 1319737 2374546 380935 351803 938802 2022743 X TO FOSTER AND PROMOTE A HEALTHY ECONOMIC CLIMATE AND A HIGHER LEVEL OF PUBLIC ACCEPTANCE OF THE THOROUGHBRED HORSE RACING INDUSTRY. TO WORK FOR THE IMPROVEMENT OF LIVING AND WORKING CONDITIONS FOR THE EMPLOYEES OF MEMBERS AND TO PROVIDE RETIREMENT BENEFITS IF APPLICABLE. TO REPRESENT INTERESTS AND RIGHTS OF ITS MEMBERS IN ANY MATTERS WITH ANY INDUSTRY RELATED ORGANIZATION. TO FORM AND EDUCATE ITS MEMBERS AND OTHER SEGMENTS OF THE INDUSTRY REGARDING ANY MATTER IMPORTANT TO THE INTERESTS OF THE MEMBERS. 0 0 CALIFORNIA THOROUGHBRED TRAINERS ("CTT") REPRESENTS THE INTERESTS OF THE THOROUGHBRED HORSE RACING TRAINERS AND RACE TRACK WORKERS WHO TEND TO THE HORSES ("BACKSTRETCH WORKERS"). CTT ADMINISTERS A PENSION FUND, PROVIDES RECREATIONAL ACTIVITIES, AND PROVIDES ON-PREMISES CONVENIENCE STORES FOR BACKSTRETCH WORKERS. CTT PROVIDES EDUCATIONAL PROGRAMS FOR TRAINERS. CTT REPRESENTS THE TRAINERS IN NEGOTIATING CONTRACTS AND IN MONITORING LEGISLATION AFFECTING THE HORSE RACING INDUSTRY. CTT ALSO PROVIDES SERVICES AND INFORMATION TO THE RACING PUBLIC TO PROMOTE THOROUGHBRED HORSE RACING. 0 1 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 20 0 1 23 1 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 0 1 1 0 0 1 0 0 0 0 0 0 CA X ANGIE CARMONA 6264472145 285 W HUNTINGTON DR ARCADIA CA 91007 EOIN HARTY PRESIDENT 1.00 X X 0 0 0 GLORIA HALEY NORTHERN CALIFORNIA VP 1.00 X X 0 0 0 DAVID HOFMANS SOUTHERN CALIFORNIA VP 1.00 X X 0 0 0 RAY BELL TREASURER 1.00 X X 0 0 0 TIMOTHY BELLASIS DIRECTOR 1.00 X 0 0 0 SEAN MCCARTHY DIRECTOR 1.00 X 0 0 0 RON ELLIS DIRECTOR 1.00 X 0 0 0 TROY MATTHEW DIRECTOR 1.00 X 0 0 0 VAL BRINKERHOFF DIRECTOR 1.00 X 0 0 0 ALAN BALCH EXECUTIVE DIRECTOR 40.00 X 120000 0 0 120000 0 0 1 0 0 0 SHEPPARD MULLIN RICHTER & HAMPTON LLC 333 SOUTH HOPE ST 43RD LOS ANGELES CA 90071 LEGAL SERVICES 214254 BAKER MCKENZIE PO BOX 23753 CHICAGO IL 23753 LEGAL SERVICES 132517 2 33000 33000 TRACK REVENUE-PENSION 900009 1476187 1476187 RECREATION HALL INCOME 900099 600032 600032 TRACK REVENUE 900099 503307 503307 2579526 41381 41381 100000 95731 4269 4269 4269 2658176 2579526 0 45650 120000 322566 58254 36207 226426 46702 16960 30427 5111 13316 1522 4594 25336 INVENTORY EXPENSES 424489 BAD DEBT 36689 BACKSTRETCH SERVICES 29747 REPAIRS & MAINTENANCE 7254 29337 1434937 50959 34926 148877 0 238227 133095 23517 24081 341260 296616 49237 44644 808920 587020 0 1550780 1319737 2374546 233492 127584 147443 146402 0 77817 380935 351803 X 938802 550820 1471923 938802 2022743 1319737 2374546 1223239 -139298 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 251614 212416 39198 89646 84200 5446 44644 CASH HELD IN CTTBECB PENSION PLAN-RESTRICTED 69825 RETIREMENT SAVINGS PENSION PLAN-RESTRICTED 1029202 ACCOUNTS RECEIVABLE FOR PENSIONS-RESTRICTED 451753 1550780 ACCOUNTS PAYABLE FOR PENSIONS-RESTRICTED 9032 ACCRUED CTTBECB PENSION PLAN LIABILITIES-RESTRICTED 68785 77817 X 2518878 -139298 -139298 2658176 0 2658176 1434937 0 1434937 0 1434937 PART X, LINE 2: CTT HAS EVALUATED ITS TAX POSITIONS AND THE CERTAINTY AS TO WHETHER THOSE POSITIONS WILL BE SUSTAINED IN THE EVENT OF AN AUDIT BY TAXING AUTHORITIES AT THE FEDERAL AND STATE LEVELS. THE PRIMARY TAX POSITIONS EVALUATED ARE RELATED TO THE CONTINUED QUALIFICATION AS A TAX-EXEMPT ORGANIZATION AND WHETHER THERE ARE UNRELATED BUSINESS INCOME ACTIVITIES CONDUCTED THAT WOULD BE TAXABLE. MANAGEMENT HAS DETERMINED THAT ALL INCOME TAX POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED UPON POTENTIAL AUDIT OR EXAMINATION; THEREFORE, NO DISCLOSURES OF UNCERTAIN TAX POSITIONS ARE REQUIRED. CTT FILES INFORMATIONAL RETURNS IN THE U.S. FEDERAL JURISDICTION AND THE STATE OF CALIFORNIA, THE STATUE OF LIMITATIONS FOR FEDERAL AND CALIFORNIA STATE PURPOSES IS GENERALLY THREE AND FOUR YEARS, RESPECTIVELY. FORM 990, PART VI, SECTION A, LINE 6 THERE IS ONE CLASS OF MEMBERS. MEMBERS ELECT THE GOVERNING BODY. MEMBERS CANNOT RECEIVE ANY PROFITS OR NET ASSETS. FORM 990, PART VI, SECTION A, LINE 7A ALL MEMBERS ALL ELIGIBLE TO VOTE FOR ALL BOARD POSITIONS WHEN TERMS ARE EXPIRED. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ORGANIZATION'S OUTSIDE PUBLIC ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY THE ORGANIZATION. ONCE THE RETURN IS PREPARED, IT IS PROVIDED TO MANAGEMENT FOR THEIR REVIEW WITH ANY CHANGES INCORPORATED INTO THE FILING. THE RETURN IS THEN PROVIDED TO THE BOARD OF DIRECTORS BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION C, LINE 19 INFORMATION IS AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C THERE WERE NO CHANGES IN THE OVERSIGHT OR SELECTION PROCESS OF THE AUDITORS.