2024-07-10T14:39:14-05:00 2023-12-31 540504608 BROWN EDWARDS & COMPANY LLP 4951 LAKE BROOK DRIVE SUITE 375 GLEN ALLEN VA 23060 990 2023-01-01 472280629 VIRGINIA EQUINE ALLIANCE VIRG 5403474313 38 GARRETT STREET WARRENTON VA 20186 JEB HANNUM EXECUTIVE DIRECTOR 4842386290 2024-07-10 1 JEB HANNUM 999009999 1 MELISSA A SIKES P01261580 8042826000 2024-07-08 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z JEB HANNUM 38 GARRETT STREET WARRENTON VA 20186 28770169 0 X WWW.VIRGINIAHORSERACING.COM X 2014 VA THE PURPOSE OF THE VIRGINIA EQUINE ALLIANCE IS TO SUSTAIN, PROMOTE, AND EXPAND THE HORSE BREEDING AND HORSE RACING INDUSTRIES IN THE COMMONWEALTH OF VIRGINIA. 4 4 23 5 0 0 3399962 4041826 0 0 96582 876860 23489825 23851483 26986369 28770169 371500 520572 0 0 412626 632287 0 0 0 23086235 30104936 23870361 31257795 3116008 -2487626 28452103 25791232 1145535 965548 27306568 24825684 X THE PURPOSE OF THE VIRGINIA EQUINE ALLIANCE IS TO SUSTAIN, PROMOTE, AND EXPAND THE HORSE BREEDING AND HORSE RACING INDUSTRIES IN THE COMMONWEALTH OF VIRGINIA. THE ALLIANCE SEEKS TO ESTABLISH AND SUPPORT NEW AND MULTIPLE VENUES FOR HORSE RACING IN THE COMMONWEALTH AND TO ADVOCATE AND SUPPORT LEGISLATION, REGULATIONS, AND RULES BENEFICIAL TO THE BREEDERS AND OWNERS AND TRAINERS OF HORSES ("HORSEMEN") IN THE STATE. THE ALLIANCE REPRESENTS THE INTERESTS OF HORSEMEN AT MEETINGS OF THE VIRGINIA GENERAL ASSEMBLY, THE VIRGINIA DEPARTMENT OF AGRICULTURE, THE VIRGINIA RACING COMMISSION, RACING ASSOCIATIONS, BREEDER'S ORGANIZATIONS, HORSEMEN'S ORGANIZATIONS, AND OTHER LIKE GROUPS. THE ALLIANCE IS COMMITTED TO INCREASING PUBLIC AWARENESS OF THE ECONOMIC AND ENVIRONMENTAL IMPORTANCE TO THE COMMONWEALTH OF THE HORSE BREEDING AND HORSE RACING INDUSTRIES. 0 0 THE VIRGINIA EQUINE ALLIANCE ADVANCES THE COMMON BUSINESS INTEREST OF ITS MEMBERS, INCLUDING SUSTAINING, PROMOTING, AND EXPANDING THE HORSE BREEDING AND RACING INDUSTRY IN THE COMMONWEALTH OF VIRGINIA. 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 590 0 1 23 1 0 0 0 0 0 0 0 0 X 4 4 0 0 0 0 1 1 0 1 0 0 0 1 0 0 0 1 0 0 X EASTER ASSOCIATES 4349773716 250 WEST MAIN STREET SUITE 100 CHARLOTTESVILLE VA 22902 DR WILLIAM H ALLISON TREASURER 5.00 X X 0 0 0 DR SCOTT WOOGEN DIRECTOR 5.00 X 0 0 0 DAVID ROSS DIRECTOR 5.00 X 0 0 0 AMY MOORE DIRECTOR 5.00 X 0 0 0 DEBORAH EASTER PRESIDENT 5.00 X 0 0 0 JOHN B HANNUM III EXECUTIVE DIRECTOR AND SEC 40.00 X 122972 0 24594 122972 0 24594 1 0 0 0 0 4041826 4041826 876860 876860 23831197 23831197 9000 0 9000 9000 9000 MISCELLANEOUS 900099 11286 11286 11286 28770169 20286 0 24708057 520572 147566 339748 105530 39443 159000 206607 23320 300 798043 20108 3088 19250 49173 101592 35563 RACE DAY EXPENSES 28305455 STATUTORY DISTRIBUTIONS 189928 RACETRACK REPAIRS 180664 DUES AND SUBSCRIPTIONS 8539 4306 31257795 10896848 3983785 5860795 4126750 37087 33342 1915979 496578 1086679 1419401 9912452 15609646 658242 618308 28452103 25791232 439783 271030 45440 21180 660312 673338 1145535 965548 X 27306568 24825684 27306568 24825684 28452103 25791232 -2487626 6742 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 0 0 0 1 X 1556265 384927 1171338 359714 111651 248063 1419401 LEASE LIABILITIES - OPERATING 601268 ACCRUED PROFIT SHARING 67633 DUE TO RELATED PARTIES 4437 673338 X 28978211 6742 201600 208342 28769869 300 300 28770169 31459095 201600 201600 31257495 300 300 31257795 PART IV, LINE 2B: THE ALLIANCE ACTS AS AN INTERMEDIARY FOR VARIOUS ORGANIZATIONS BY COLLECTING FUNDS TO BE PAID OUT IN THE FORM OF PURSES TO RACE WINNERS. TRANSACTIONS MADE ON BEHALF OF THESE ORGANIZATIONS ARE NOT INCLUDED IN THE ALLIANCE'S STATEMENT OF ACTIVITIES. THE LIABILITY, IF ANY, IS INCLUDED IN FORM 990, PART X, LINE 21. PART X, LINE 2: THE FINANCIAL ACCOUNTING STANDARDS BOARD ISSUED GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT EVALUATED THE ALLIANCE'S TAX POSITION AND CONCLUDED THAT THE ALLIANCE HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. 1 MONTPELIER STEEPLECHASE AND EQUESTRIAN FOUNDATION PO BOX 399 MONTPELIER STATION VA 22957 541517991 75000 0 TO SUPPORT STEEPLECHASE INFRASTRUCTURE FOXFIELD RACING LLC 4626 SLAM GATE ROAD CROZET VA 22932 815011713 501C(3) 75000 0 PURSES TO SUPPORT STEEPLECHASE RACING IN VIRGINIA VIRGINIA GOLD CUP ASSOCIATION PO BOX 840 WARRENTON VA 20188 540943990 501C(4) 75000 0 PROMOTE STEEPLECHASE RACING IN VIRGINIA GLENWOOD PARK TRUST PO BOX 467 MIDDLEBURG VA 20118 540752959 75000 0 FOR MIDDLEBURG INFRASTRUCTURE THE ASHLAND MUSEUM PO BOX 633 ASHLAND VA 23005 364677054 50000 0 FOR SECRETARIAT MONUMENT STANDARDBRED RETIREMENT FOUNDATION 353 SWEETMANS LANE SUITE 100 MILLSTONE NJ 08535 520325043 501C(3) 35000 0 SUPPORT AFTERCARE OF RETIRED THOROUGHBRED RACE HORSES JAMES RIVER HORSE FOUNDATION PO BOX 397 RICHMOND VA 23218 842321005 501C(3) 25000 0 SUPPORT AFTERCARE OF RETIRED THOROUGHBRED RACE HORSES VIRGINIA THOROUGHBRED PROJECT PO BOX 518 MONTPELIER STATION VA 22957 843519034 501C(3) 25000 0 SUPPORT AFTERCARE OF RETIRED THOROUGHBRED RACE HORSES VIRGINIA HORSE COUNCIL 2199 KINGSBROOK DRIVE RICHMOND VA 23238 237242287 501C(6) 25000 0 PROMOTE, PROTECT AND IMPROVE THE EQUINE INDUSTRY IN VIRGINIA UPPERVILLE COLT & HORSE SHOW INC PO BOX 239 UPPERVILLE VA 20185 237390149 12500 0 TO SUPPORT EQUESTRIAN GROUPS WAR HORSES AT ROSE BOWER 8367 OLD COURTHOUSE RD APPOMATTOX VA 24522 461221754 501C(3) 0 0 SUPPORT AFTERCARE OF RETIRED THOROUGHBRED RACE HORSES BROOK HILL RETIREMENT CENTER FOR HORSES 7291 BELLEVUE ROAD FOREST VA 24551 542058686 501C(3) 0 0 SUPPORT AFTERCARE OF RETIRED THOROUGHBRED RACE HORSES HOPE'S LEGACY EQUINE RESCUE INC 5145 TAYLOR CREEK RD AFTON VA 22920 800273321 501C(3) 0 0 SUPPORT AFTERCARE OF RETIRED THOROUGHBRED RACE HORSES PART I, LINE 2: WITH ALL GRANTS, THE VEA RESERVES THE RIGHT TO REQUEST DOCUMENTATION FROM THE ORGANIZATION ATTESTING TO THE MANNER IN WHICH THE FUNDS WERE SPENT. IF THE ORGANIZATION HAS NOT USED THE FUNDS FOR ITS STATED PURPOSE, THE VEA BOARD MAY, AT ITS DISCRETION, ALLOW THE ORGANIZATION TO RETAIN THE FUNDS FOR GENERAL OPERATING EXPENSES. EASTER ASSOCIATES OFFICER IS AN EMPLOYEE OF EASTER ASSOCIATES 159000 MANAGEMENT SERVICES 0 FORM 990, PART VI, SECTION A, LINE 6 THE VIRGINIA EQUINE ALLIANCE IS A MEMBERSHIP ORGANIZATION WHOSE PRINCIPAL PURPOSES ARE TO REPRESENT, PROMOTE AND PROTECT THE INTERESTS OF THE HORSE BREEDING AND RACING INDUSTRY IN THE COMMONWEALTH OF VIRGINIA. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS ARE ELECTED BY THE AFFIRMATIVE VOTE OF A MAJORITY OF THE MEMBERS OF THE CORPORATION AT AN ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 8B THE BOARD OF DIRECTORS IS THE ONLY GOVERNING BODY. NO OTHER COMMITTEES CURRENTLY IN PLACE AND THEREFORE, THIS QUESTION IS NOT APPLICABLE. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND TREASURER OF THE ALLIANCE PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 15A THE MEMBERS OF THE BOARD OF DIRECTORS DETERMINE THE COMPENSATION OF THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 THE FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE BOARD OF DIRECTORS REVIEWS THE ANNUAL AUDIT AND SELECTS THE INDEPENDENT AUDITOR.