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Standardbred Retirement Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 520325043 ✦ Cream ridge, NJ ✦ Designated as a 501(c)(3)

Overview

What is Standardbred Retirement Foundation Inc?

The Standardbred Retirement Foundation Inc, located in Cream Ridge, New Jersey, is a dedicated nonprofit organization that prioritizes the welfare of horses in need. Their primary mission involves offering humane care services, providing refuge for horses rescued from shipping for slaughter. The foundation offers comprehensive rehabilitation programs, including medical treatment, dental care, proper feeding, veterinary attention, farrier services, and general care. Their aim is to find carefully screened adopters for these equines, although some horses remain under their care and support for the duration of their lives. Annually, the foundation assists between 500 and 800 horses, following up on their well-being through veterinary reports from adoptive families. Moreover, the Foundation offers therapeutic equine opportunities for children and adults, contributing to their overall development. With a team of 15 employees, the Standardbred Retirement Foundation Inc is committed to ensuring the well-being and rehoming of horses in distress, providing them with a secure and loving environment when necessary.


Official website here: www.adoptahorse.org

Is Standardbred Retirement Foundation Inc legitimate?

Standardbred Retirement Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Standardbred Retirement Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $231,841

For more financial information, click here


Official website here: www.adoptahorse.org

What is the mission statement of Standardbred Retirement Foundation Inc?

The Standardbred Retirement Foundation Inc's mission involves providing humane care services for horses in need of permanent homes or in crisis. This is achieved through rehabilitation, training, adoption, lifelong follow-up, or lifetime sanctuary. The organization also offers therapeutic equine opportunities for children and adults. The foundation rescues horses from slaughter or homes in need, providing them with medical care, dental attention, proper feeding, veterinary attention, farrier services, and rest. Carefully screened adopters are sought, but many horses remain under the foundation's care and expense for life. The Standardbred Retirement Foundation helps around 500 to 800 new horses annually and follows up on their health through veterinary reports from adopters semi-annually. Approximately 400-500 homes are secured annually, with an average of 500 horses remaining under the foundation's care at any given time.


Official website here: www.adoptahorse.org

Who is the CEO of Standardbred Retirement Foundation Inc?

Judith Bokman is the Secretary of Standardbred Retirement Foundation Inc.


Official website here: www.adoptahorse.org

What is the revenue of Standardbred Retirement Foundation Inc?

Standardbred Retirement Foundation Inc's revenue in 2022 was $1,639,459.


Official website here: www.adoptahorse.org

Who are the executives of Standardbred Retirement Foundation Inc and what are their salaries?

The average compensation at Standardbred Retirement Foundation Inc during 2022 was $15,456. There are 15 employees and 60 volunteers at Standardbred Retirement Foundation Inc.

Here are 6 key members and their salaries:

    Judith Bokman (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bix Dimeo (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter Gerry (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elizabeth Berensen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephen Bokman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Goldberg (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.adoptahorse.org

    Where can I find the form 990 for Standardbred Retirement Foundation Inc?

    The Standardbred Retirement Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.adoptahorse.org

    Learn more at the official website: www.adoptahorse.org

    Mission Statement of Standardbred Retirement Foundation Inc

    The Standardbred Retirement Foundation Inc is dedicated to providing humane care services for horses in need of lifetime homes or in crisis. Their mission encompasses rehabilitation, training, adoption, lifelong follow-up, or lifetime sanctuary for these horses. Additionally, the organization offers therapeutic equine opportunities for both children and adults.

    The Foundation plays a crucial role in rescuing horses from various challenging situations, such as being transported for slaughter or in need of homes. They provide comprehensive care, including medical and dental attention, proper refeeding, veterinary attention, farrier care, and rest. The primary objective is to find carefully screened adopters for these horses, although many horses remain under the Foundation's care and expense for their entire lives.

    Annually, the Standardbred Retirement Foundation Inc assists around 500 to 800 horses in need and monitors their progress through veterinary reports from adopters on a semi-annual basis for the horses' entire lives. The organization is successful in securing approximately 400 to 500 new homes annually, while maintaining an average of 500 horses under their care at any given time. Their therapeutic equine opportunities cater to various individuals, providing them with a beneficial and rejuvenating experience.

    Impact

    This information is meant to be a general summary of Standardbred Retirement Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Standardbred Retirement Foundation Inc's impact is significant in providing humane care services for horses in need of lifetime homes. The organization rescues horses from shipping for slaughter and provides essential rehabilitation services such as medical attention, dental care, proper refeeding, veterinary attention, and farrier care. They also focus on finding carefully screened adopters for these rescued horses, but many horses end up staying under the foundation's care for life. The organization helps approximately 500-800 new horses annually, secures 400-500 homes each year, and maintains an average of 500 horses under their care at any given time. This work not only saves the lives of these horses but also ensures they have a chance at a better life through adoption or lifelong sanctuary.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $-959,668
  • Program Service Revenue: $0
  • Gross Receipts: $1,643,026

    • Assets and Liabilities:
  • Total Assets: $991,353
  • Total Liabilities: $56,028
  • Net Assets: $935,325
  • Organization Details

    Founding Year

    1991

    Principal Officer

    Judith Bokman

    Main Address

    42 ARNEYTOWN-HORNERSTOWN RD, CREAM RIDGE, NJ, 08514

    NTEE Category

    Code: R99Z - Civil rights

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