THE HAMBLETONIAN SOCIETY INC

EIN: 610593889

CRANBURY, NJ

Total Revenue
$20,704,178
Total Expenses
$20,317,829
Total Assets
$6,197,666
Net Assets
$1,897,438
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1949
Legal Domicile
NY
Principal Officer
JOHN CAMPBELL
Phone
6093712211
Tax Period
2023-01-01 to 2023-12-31

THE HAMBLETONIAN SOCIETY INC, founded in 1949, is a mid-sized nonprofit that reported $20.7M in total revenue in fiscal year 2023.

Mission

THE HAMBLETONIAN SOCIETY IS A NON-PROFIT ORGANIZATION FORMED IN 1924 TO SPONSOR THE RACE FOR WHICH IT WAS NAMED, THE HAMBLETONIAN STAKES. THE SOCIETY ENCOURAGES AND SUPPORTS THE BREEDING OF STANDARDBRED HORSES STAKES AND OTHER SPECIAL EVENTS.

Program Service Accomplishments

Program 1

THE SUPPORT AND ENCOURAGEMENT OF THE BREEDING OF STANDARDBRED HORSES BY SPONSORING AND SERVICING STAKES AND OTHER SPECIAL EVENTS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $20,170,106
Investment Income $510,889
Other Revenue $23,183
TOTAL REVENUE $20,704,178

Expense Breakdown

Grants Paid $10,600
Salaries & Benefits $559,414
Fundraising Expenses $0
Other Expenses $19,747,815
TOTAL EXPENSES $20,317,829

Year-over-Year Comparison

2023 2022 Change
Revenue $20,704,178 $19,197,276 +0.1%
Expenses $20,317,829 $19,099,797 +0.1%
Net Income $386,349 $97,479 +3.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
29
Independent Members
29
Employees
7
Volunteers
N/A

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
11
$364,763
Total Directors
28
$364,763
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THOMAS A CHARTERS EXECUTIVE VP 1.00
Officer Director
$0 $0 $0
GEORGE I SEGAL SECRETARY 1.00
Officer Director
$0 $0 $0
JAMES W SIMPSON CHAIRMAN OF THE EXEC 1.00
Officer Director
$0 $0 $0
FRANK ANTONACCI 3RD VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
MICHAEL G KIMELMAN 1ST VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
MOIRA FANNING COO/ASST SEC 40.00
Officer Director
$124,350 $9,025 $133,375
TED GEWERTZ 2ND VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
MAX J HEMPT DIRECTOR 1.00
Director
$0 $0 $0
JOHN CAMPBELL PRESIDENT & CEO 40.00
Officer Director
$224,647 $6,741 $231,388
ANTHONY PERRETTI DIRECTOR 1.00
Director
$0 $0 $0
SETH ROSENFELD 4TH VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
JOHN M EGLOFF DVM DIRECTOR 1.00
Director
$0 $0 $0
THOMAS R GROSSMAN DIRECTOR 1.00
Director
$0 $0 $0
JOE M THOMSON DIRECTOR 1.00
Director
$0 $0 $0
DAVID P REID DIRECTOR 1.00
Director
$0 $0 $0
ADAM BOWDEN DIRECTOR 1.00
Director
$0 $0 $0
STEVE JONES DIRECTOR 1.00
Director
$0 $0 $0
PAUL F SPEARS DIRECTOR 1.00
Director
$0 $0 $0
FRED W HERTRICH III TREASURER 1.00
Officer Director
$0 $0 $0
MARVIN KATZ DIRECTOR 1.00
Director
$0 $0 $0
DR JOHN MOSSBARGER DIRECTOR 1.00
Director
$0 $0 $0
ANN V STRAATMAN DIRECTOR 1.00
Director
$0 $0 $0
LINDA J TOSCANO 5TH VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
DAVID ANDERSON DIRECTOR 1.00
Director
$0 $0 $0
ERNEST GASKIN DIRECTOR 1.00
Director
$0 $0 $0
DAVID MCDUFFEE DIRECTOR 1.00
Director
$0 $0 $0
JAMES MCLEAD DIRECTOR 1.00
Director
$0 $0 $0
STEVE STEWART DIRECTOR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $20,704,178 $20,317,829 $6,197,666 $386,349
2022 $19,197,276 $19,099,797 $5,850,271 $97,479
2021 $11,854,034 $11,935,699 $5,608,418 $-81,665
2020 $16,089,372 $16,086,632 $5,738,686 $2,740
2019 $18,051,626 $17,857,356 $5,491,359 $194,270
2018 $17,196,925 $17,126,668 $4,880,082 $70,257
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