2025-11-14T10:40:25-08:00 2024-12-31 854040490 BRM PROFESSIONAL GROUP LLC 1011 HIGHWAY 71 SPRING LAKE NJ 07762 990 2024-01-01 222904953 NJ THOROUGHBRED HORSEMEN'S ASSOCIATION INC NJTH 7329968796 175 OCEANPORT AVENUE OCEANPORT NJ 07757 MICHAEL MUSTO EXECUTIVE DIRECTOR 7329968796 2025-11-14 true true BRIAN R MOBERG CPA P01216688 7329740551 2025-11-14 2024 2025-03-06 01:10:19Z MICHAEL MUSTO EXEC DIR 175 OCEANPORT AVE OCEANPORT NJ 07757 898338 false X N/A X 1988 NJ NJTHA, INC. REPRESENTS THOROUGHBRED OWNERS AND TRAINERS INTERESTS IN THE STATE OF NJ SPECIFICALLY TO IMPROVE RACING AND PROMOTE THE COMMON BUSINESS INTERESTS OF THE SPORT. 8 8 1 0 0 0 0 0 101734 11 868807 898327 970541 898338 15000 0 233590 241619 0 0 4831249 1910225 5064839 2166844 -4094298 -1268506 10926089 167693 68604055 414812 -57677966 -247119 NJTHA, INC. REPRESENTS THOROUGHBRED OWNERS AND TRAINERS INTERESTS IN THE STATE OF NJ SPECIFICALLY TO IMPROVE RACING AND PROMOTE THE COMMON BUSINESS INTERESTS OF THE SPORT. false false NJTHA, INC. REPRESENTS THOROUGHBRED OWNERS AND TRAINERS INTERESTS IN THE STATE OF NJ SPECIFICALLY TO IMPROVE RACING CONDITIONS IN THE THOROUGHBRED INDUSTRY FOR ALL HORSEMEN AND THEIR EMPLOYEES AND PROMOTE THE COMMON BUSINESS INTEREST OF THE MEMBERS IN MATTERS BEFORE GOVERNMENT AGENCIES, THE MANAGEMNT OF NJ THOROUGHBRED RACETRACKS AND OTHER INDUSTRY RELATED ORGANIZATIONS. THE NJTHA RECEIVES SUBSTANTIALLY ALL OF ITS REVENUE FROM NJ HORSE RACING TRACKS. false false false false false false false false false true false false false true true false true false false false false false false false false false false true true false false false false false false false false false false false true false false false true 0 0 1 true false false false false false false false false false false X 8 8 false false false false true true false true true false false true false false false true true false X EXECUTIVE DIRECTOR 7322228081 AS ADDRESSED NJ 07757 PAT MCBURNEY PRESIDENT 0.00 X X 0 0 0 MICHAEL A MUSTO EXEC. DIRECTOR 40.00 X X 195000 0 0 TIMOTHY HILLS VICE PRESIDENT 0.00 X X 0 0 0 DOMINIC J BOSSONE DIRECTOR 0.00 X 0 0 0 JAMES CAHILL DIRECTOR 0.00 X 0 0 0 BOB MATTHIES DIRECTOR 0.00 X 0 0 0 THOMAS SWALES DIRECTOR 0.00 X 0 0 0 BENJAMIN PERKINS JR DIRECTOR 0.00 X 0 0 0 195000 0 0 1 false true false 11 0 0 12196 12196 12196 12196 STATUTORY FUNDING 900099 660000 660000 0 0 NON-STATUTORY FUNDING 900099 28906 28906 0 0 OTHER REVENUE - NJCFS 900099 197225 197225 0 0 886131 898338 898338 0 0 15000 15000 195000 136500 58500 0 29625 20730 8895 0 16994 11896 5098 0 163250 114275 48975 0 350 245 105 0 500 350 150 0 8000 5600 2400 0 855539 598877 256662 0 943 660 283 0 PAYROLL SERVICE FEES 2314 1620 694 0 BANK FEES 150 105 45 0 POSTAGE FEES 91 64 27 0 879088 640057 239031 0 2166844 1545979 620865 0 8644 4053 65 12261 151379 151379 0 10766001 0 10926089 167693 4102970 410312 0 4500 64501085 0 68604055 414812 X -57677966 -247119 -57677966 -247119 10926089 167693 X -1268506 541622 58157731 X false true X true false 0 0 0 0 0 DUE TO DARBY DEVELOPMENT LLC 0 INVESTMENT IN RESTAURANT 0 0 X Pt X, Line 2 THE ASSOCIATION QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, THE ASSOCIATION IS NOT SUBJECT TO FEDERAL INCOME TAX. THE TRUST IS A GRANTOR TRUST AS DEFINED BY THE INTERNAL REVENUE CODE. THE ASSOCIATION BELIEVES THAT ITS INCREASED INVOLVEMENT WITH THOROUGHBRED RACING ACTIVITIES AND THE LEASE OF MONMOUTH PARK DOES NOT IMPACT ITS TAX EXEMPT STATUS. THE ASSOCIATION HAS DETERMINED THAT THERE ARE NO UNRECOGNIZED TAX POSITIONS AS OF DECEMBER 31, 2024 true NJ THOROUGHBRED HORSEMEN'S CHARITABLE ORG 175 OCEANPORT AVE OCEANPORT NJ 07757 833161474 501c(3) 15000 false false false MICHAEL A MUSTO 195000 0 0 0 0 0 29625 0 0 0 224625 0 25500 0 Pt VI, Line 6 ORGANIZATION HAS MEMBERS Pt VI, Line 7a MEMBERS CAN VOTE IN ELECTION OF OFFICERS AND BOARD Pt VI, Line 15a REVIEW AND APPROVAL BY BOARD OF DIRECTORS Pt VI, Line 15b REVIEW AND APPROVAL BY BOARD OF DIRECTORS Pt VI, Line 11b DOCUMENTS AVAILABLE FOR REVIEW UPON REQUEST Pt VI, Line 19 DOCUMENTS AVAILABLE FOR REVIEW UPON REQUEST Pt XI LINE 9 OTHER ADJUSTMENT RELATED TO MONMOUTH PARK LEASE TRANSFER TO DARBY DEVELOPMENT, LLC EFFECTIVE 8/27/2024 Form 990, Part IX, Line 24e HEALTH AND WELFARE FUNDING 395800. 395800. Form 990, Part IX, Line 24e LOSS RESTAURANT INVESTMENT 83057. 83057. Form 990, Part IX, Line 24e LEGAL OUTSIDE BUDGET 239031. 0. 239031. Form 990, Part IX, Line 24e MP EXPENSE REIMBURSEMENT 161235. 161235. Form 990, Part IX, Line 24e EQUIPMENT RENTAL -35. -35. NJTHA SSF 175 OCEANPORT AVE OCEANPORT NJ 07757 205885030 SEE ATTACHED NJ 527 NJTHA INC BLUE GRASS SPIRITS LLC 25 RECKLESS PLACE RED BANK NJ 07701 811349435 RESTAURANT NJ 0 -83057 false 17615 true 0.99000 NJ THOROUGHBRED HORSEMAN'S BENEVOLENT ASSOC 175 OCEANPORT AVE OCEANPORT NJ 07757 226556088 SEE ATTACHED NJ NJTHA INC T 0.00000 false false false false false false false false false false false false false false false true false false false TRANSFER OF FUNDS FOR COVERING EXPENSES OF THE TRUST P 395800 FAIR MARKET VALUE