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Horsemens Workers Compensation Insurance Trust

Social welfare
DBA: INSURANCE TRUST
Social Welfare / Advocacy · NEW ORLEANS, LA · EIN 45-6375624
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About

To allow trainers in the horse racing industry to afford worker's compensation insurance for their employees so that they will be protected in the event of an accident while working in the horse racing industry. This activity will allow horsemen to work in a competitive environment.

DBA Insurance Trust

Donations are NOT tax-deductible
Category
Social Welfare / Advocacy
Employees
0
Volunteers
5

Financial Snapshot

FY ending 2024-12-31
Revenue
$5.0M
Expenses
$5.4M
Assets
$6.7M
Liabilities
$4.1M

Financial history

$5.4M$2.7M$0
161718192021222324
RevenueExpenses
Latest FY2024: $5.0M · Avg: $3.9M
HORSEMENS WORKERS COMPENSATION INSURANCE TRUST
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Address

1535 Gentilly BLVD
New Orleans, LA, 70119-221

Governance

Voting board members5
Independent members5
Conflict-of-interest policyYes
Whistleblower policyNo
Doc-retention policyNo
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Initial contract exceptionNo
Public records
ProPublica Nonprofit Explorer ↗
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search ↗
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
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