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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations NJ Thoroughbred Horsemen's Association Inc.

NJ Thoroughbred Horsemen's Association Inc.

Fiscal year ending 2024. Filed on November 14, 2025.

175 Oceanport Avenue
Oceanport, New Jersey 07757

NJ Thoroughbred Horsemen's Association Inc. (EIN: 22-2904953) has filed an IRS Form 990 since fiscal year 2020. In its fiscal year 2024 IRS Form 990 filing, NJ Thoroughbred Horsemen's Association Inc., a 501(c)(6) business league, reported compensation for 1 out of 1 total employees. Among the employees shown here, the average compensation is $195,000. The highest compensated employee at NJ Thoroughbred Horsemen's Association Inc. is Michael A Musto with fiscal year 2024 compensation of $195,000.

Revenue, expenses, and employee compensation

Revenue

$898,338

Expenses

$2,166,844

Employee compensation

$241,619
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Michael A Musto
Executive Director
$195,000
$195,000 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Benjamin Perkins Jr
Director
Bob Matthies
Director
Dominic J Bossone
Director
James Cahill
Director
Pat McBurney
President
Thomas Swales
Director
Timothy Hills
Vice President

Mission Statement

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.

Revisions to this organization profile

November 14, 2025:
2024 NJ Thoroughbred Horsemen's Association Inc. 990 filed
November 15, 2024:
2023 NJ Thoroughbred Horsemen's Association Inc. 990 filed
November 15, 2023:
2022 NJ Thoroughbred Horsemen's Association Inc. 990 filed

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