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Maryland Horse Breeders Association Inc

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

EIN: 520580070 ✦ Reisterstown, MD ✦ Designated as a 501(c)(6)

Overview

What is Maryland Horse Breeders Association Inc?

The Maryland Horse Breeders Association Inc, situated in Reistertown, Maryland, is a nonprofit organization dedicated to the promotion and encouragement of horse breeding and participation in horse sports within the state. With a team of 12 employees, they publish various materials to disseminate information about racing and breeding in Maryland and the surrounding region. Their flagship publication is the "Mid-Atlantic Thoroughbred," a monthly magazine in full color. Additionally, they produce an annual guide to Thoroughbred farms in Maryland, as well as posters, brochures, and educational materials about horse racing and breeding in the state. The Association's mission is to support and enhance the horse breeding industry in Maryland, with a focus on Thoroughbred race horses but also embracing all equestrian activities.


Official website here: www.marylandthoroughbred.com

Is Maryland Horse Breeders Association Inc legitimate?

Maryland Horse Breeders Association Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Maryland Horse Breeders Association 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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $633,447

For more financial information, click here


Official website here: www.marylandthoroughbred.com

What is the mission statement of Maryland Horse Breeders Association Inc?

The Maryland Horse Breeders Association (MHBA) is dedicated to encouraging, promoting, protecting, and improving the horse breeding industry. Although the production of Thoroughbred race horses has been the primary focus, the MHBA supports various equestrian activities. The organization uses publications as a tool to promote the horse industry and educate the public about racing and breeding. The MHBA publishes a monthly magazine, "Mid-Atlantic Thoroughbred," which covers racing and breeding in Maryland and the surrounding region. Furthermore, the association produces an annual guide to Thoroughbred farms, as well as posters, brochures, and other materials that inform the public about horse racing and breeding in the state.


Official website here: www.marylandthoroughbred.com

Who is the CEO of Maryland Horse Breeders Association Inc?

Cricket Goodall is the Executive Di of Maryland Horse Breeders Association Inc.


Official website here: www.marylandthoroughbred.com

What is the revenue of Maryland Horse Breeders Association Inc?

Maryland Horse Breeders Association Inc's revenue in 2023 was $2,173,917.


Official website here: www.marylandthoroughbred.com

Who are the executives of Maryland Horse Breeders Association Inc and what are their salaries?

The average compensation at Maryland Horse Breeders Association Inc during 2023 was $52,787. There are 12 employees and 15 volunteers at Maryland Horse Breeders Association Inc.

Here are 16 key members and their salaries:

    Cricket Goodall (Executive Di)
  • Compensation: $147,278
  • Related: $0
  • Other: $35,353

    • George Adams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Amy Burk (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ellen Charles (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tim Clark (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael J Harrison (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christy Holden (Vice-Preside) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael F Horning (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ann B Jackson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charles C Fenwck Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Grace Merryman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kent A Murray (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gina Robb (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas Rooney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Adair Stifel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Wade (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.marylandthoroughbred.com

    Where can I find the form 990 for Maryland Horse Breeders Association Inc?

    The Maryland Horse Breeders Association Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.marylandthoroughbred.com

    Learn more at the official website: www.marylandthoroughbred.com

    Mission Statement of Maryland Horse Breeders Association Inc

    The Maryland Horse Breeders Association (MHBA) is dedicated to encouraging, promoting, protecting, and improving the horse breeding industry in Maryland. With a particular focus on thoroughbred race horses, MHBA extends its encouragement to all sports related to the use of horses.

    In pursuit of its mission, MHBA employs publications as a means of promoting the horse industry and horse breeding in Maryland and beyond. One of its primary publications is the "Mid-Atlantic Thoroughbred," a monthly magazine that covers racing and breeding news in Maryland and the surrounding region. The association also publishes an annual guide to thoroughbred farms in Maryland and various posters, brochures, and guides that educate the public about racing and breeding in the state.

    By producing these publications, MHBA aims to foster a strong connection between the horse breeding community and the public, fostering an appreciation for the industry and encouraging participation in horse sports. Through its publications, the association shares news, success stories, and educational resources with its members and the wider public, ultimately contributing to the growth and development of the horse breeding industry in Maryland.

    Impact

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




    Thursday, August 15, 2024

    The Maryland Horse Breeders Association Inc plays a crucial role in encouraging, promoting, protecting, and improving the horse breeding industry in Maryland. With a primary focus on the production of Thoroughbred racehorses, the association also supports all sports related to the use of horses. Through publications such as the "Mid-Atlantic Thoroughbred" magazine, the MHBA actively promotes the horse industry, encourages horse breeding, and fosters participation in horse sports. By publishing informative guides to Thoroughbred farms in Maryland and various educational materials, the MHBA effectively educates the public about racing and breeding in the state. Overall, the association's impact is significant in sustaining and enhancing Maryland's horse breeding industry.





    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 2023.

  • Investment Income: $-455
  • Program Service Revenue: $2,116,452
  • Gross Receipts: $2,614,400

    • Assets and Liabilities:
  • Total Assets: $3,276,106
  • Total Liabilities: $773,182
  • Net Assets: $2,502,924
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PROGRAM SERVICES REVENUE

    Revenue

    $1,714,574

    ADVERTISING REVENUE

    Revenue

    $401,878

    Organization Details

    Founding Year

    1929

    Principal Officer

    Cricket Goodall

    Main Address

    321 MAIN STREET, REISTERSTOWN, MD, 21136

    NTEE Category

    Code: D032 - Animals

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