Middleburg Spring Race Assoc Inc
Donations deductibleMiddleburg Spring Race Assoc Inc's network
11 people8 organisationsi11 people and 8 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (11). Violet dotted lines (9) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
11 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Tenure and departures are observed across annual filings. Observed tenure is a lower bound - a member may have joined before the first year on record. The organisation reported 11 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Sharon E Sheppard Chair (also filed as Sharon Sheppard) | Chairman | 2018 | 8 yrs |
| Annie Bishop | Director | 2023 | 3 yrs |
| Beverly R Steinman (also filed as Beverly Steinman) | Director | 2018 | 8 yrs |
| Bruce Smith | Director | 2023 | 3 yrs |
| F Turner Reuter JR | Vice President | 2024 | 2 yrs |
| Gail Clark | Director | 2023 | 3 yrs |
| Lynn Wiley | Director | 2018 | 8 yrs |
| Michael Crane | Director | 2023 | 3 yrs |
| Patsy Richards | Director | 2024 | 2 yrs |
| Paul D Fout | President | 2018 | 8 yrs |
| Philip Dudley | Vice President & Treasurer | 2023 | 3 yrs |
Pay and hours
year to 30 June 2025iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Sharon Sheppard | Chairman | 1 | $0 | ||
| Paul D Fout | President | 3 | $0 | ||
| F Turner Reuter Jr | Vice President | 1 | $0 | ||
| Beverly Steinman | Director | 1 | $0 | ||
| Gail Clark | Director | 1 | $0 | ||
| Patsy Richards | Director | 1 | $0 | ||
| Lynn Wiley | Director | 1 | $0 | ||
| Michael Crane | Director | 1 | $0 | ||
| Annie Bishop | Director | 3 | $0 | ||
| Philip Dudley | Vice President & Treasurer | 1 | $0 | ||
| Bruce Smith | Director | 1 | $0 |
No pay was reported for anyone in Part VII on this return.
About
- Legal name
- Middleburg Spring Race Assoc Inc
- EIN
- 540801738
- Address
- Po Box 1173, Middleburg, VA, 20118-1173
- State
- Virginia
- Mission
- Horse races for the benefit of local charitable organizations. (as filed on the Form 990)
- Activity (NTEE)
- N69Z Recreation and sports
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Recreation & Sports
- Size band
- 6 (IRS master file code)
- Formed
- 1969
- Principal officer
- Paul D Fout (as named on the Form 990)
- IRS ruling date
- 1 March 1980
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 7, latest 2025
- IRS Publication 78
- PC (contributions deductible)
Most connected
Longest observed on the filings
≥8years on the filingsSharon E Sheppard
≥8years on the filingsBeverly R Steinman
≥8years on the filingsLynn Wiley
≥8years on the filingsPaul D Fout
Latest return
year to 30 June 2025iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 30 June 2025. US dollars, as filed.- Total assets
- $3.3m
- Total liabilities
- $349
- Net assets or fund balances
- $3.3m
- Contributions and grants received
- $391k
- Program service revenue
- $322k
- Grants and similar paid out
- $45k
- Employees
- 1
- Volunteers
- 15
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $790k | $532k | $258k |
As filed on the IRS Form 990. US dollars.
Grants paid
1 listediFrom Schedule I of the Form 990: grants and assistance to organisations in the United States, largest first (up to 25). Schedule I is filed only by organisations that gave more than $5,000 to any one recipient.| Recipient | Purpose | Amount |
|---|---|---|
| Glenwood Park Trust | Donation to help cover the cost of land purchase | $27k |