Oklahoma Quarter Horse Racing Association Inc

The Oklahoma Quarter Horse Racing Association Inc (EIN: 73-1348198) is a nonprofit organization designated as a 501(c)(6), focusing on business leagues, chambers of commerce, and related activities aimed at improving business conditions. The organization is not eligible for tax-deductible donations.

Purpose

The primary purpose of the OQHRA is to promote and protect the interests of the Oklahoma Racing Quarter Horse and the owners, breeders, and trainers associated with the sport[2]. It plays a significant role in organizing and recognizing achievements within the Oklahoma Quarter Horse racing industry.

Financial Overview

According to its recent financial filings, OQHRA derives the majority of its revenue from program services, which account for approximately 92% of its total revenue. Other significant sources include net fundraising efforts and investment income[1]. The organization has no executive compensation and does not pay professional fundraising fees. A substantial portion of its expenses goes towards salaries and wages for other employees[1].

Activities and Recognition

OQHRA is active in recognizing and honoring individuals and horses that have made significant contributions to the Quarter Horse racing industry. It organizes annual awards and celebrations, including the induction into the OQHRA Hall of Fame[3]. The association also acknowledges track award winners for leading jockeys, owners, and trainers across different racing venues in Oklahoma, such as Remington Park and Fair Meadows[3].

Industry Affiliations

The OQHRA is one of several horse racing-related organizations in Oklahoma, working alongside entities like the Oklahoma Horse Racing Commission and other breed-specific groups[4]. Its work helps shape the landscape of Quarter Horse racing in the state and contributes to Oklahoma's broader horse racing industry.