New York Thoroughbred Breeders Inc

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

EIN: 112588501 ✦ Saratoga springs, NY ✦ Designated as a 501(c)(5)

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Overview

What is New York Thoroughbred Breeders Inc?

New York Thoroughbred Breeders Inc serves as the unified voice for breeders of thoroughbred horses in New York State. Their primary mission is to represent the thoroughbred breeding industry in the state, collectively advocating for their interests and needs. The organization plays a crucial role in fostering the growth and development of thoroughbred breeding within New York.


Official website here: www.nytbreeders.org

Is New York Thoroughbred Breeders Inc legitimate?

New York Thoroughbred Breeders Inc is a legitimate nonprofit organization registered as a 501(c)(5) entity. New York Thoroughbred Breeders 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $154,715
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.nytbreeders.org

What is the mission statement of New York Thoroughbred Breeders Inc?

New York Thoroughbred Breeders Inc serves as the collective voice for the thoroughbred breeding industry in the state. Their mission is to represent and unite breeders of thoroughbreds in New York, acting as a single entity to promote their shared interests. They strive to advance the thoroughbred breeding industry through various initiatives and collaborations. The organization's focus is on advocating for the needs and concerns of thoroughbred breeders within the state. Their primary goal is to ensure a strong and thriving thoroughbred breeding sector in New York.


Official website here: www.nytbreeders.org

Who is the CEO of New York Thoroughbred Breeders Inc?

Najja Thompson is the Exec Dir of New York Thoroughbred Breeders Inc.


Official website here: www.nytbreeders.org

What is the revenue of New York Thoroughbred Breeders Inc?

New York Thoroughbred Breeders Inc's revenue in 2022 was $593,617.


Official website here: www.nytbreeders.org

Who are the executives of New York Thoroughbred Breeders Inc and what are their salaries?

The average compensation at New York Thoroughbred Breeders Inc during 2022 was $154,715. There is 1 employee and 14 volunteers at New York Thoroughbred Breeders Inc.


Here are 12 key members and their salaries:


Najja Thompson (Exec Dir)
  • Compensation: $141,500
  • Related: $0
  • Other: $13,215
Dan Hayden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Seth Gregory (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vivien Malloy (Sec/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Ahlschwede Dvm (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mallory Mort (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Burke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Lischin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
H James Bond (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas J Gallo Iii (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lois Engel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lere Visagie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nytbreeders.org

Where can I find the form 990 for New York Thoroughbred Breeders Inc?

New York Thoroughbred Breeders Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nytbreeders.org

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

Mission Statement of New York Thoroughbred Breeders Inc

New York Thoroughbred Breeders Inc, a united representation, advocates for the thoroughbred breeding industry in the state of New York. The organization's primary mission is to act as a unified body, ensuring the interests of thoroughbred breeders are addressed collectively. By representing the thoroughbred breeding industry, New York Thoroughbred Breeders Inc plays a pivotal role in fostering the growth and success of thoroughbred breeding in New York. The organization's efforts extend beyond individual breeders, contributing to the broader industry landscape and the overall health of thoroughbred breeding in the state.

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Impact




October, 2024

New York Thoroughbred Breeders Inc plays a crucial role in advocating for and representing the thoroughbred breeding industry within New York State. By uniting breeders under a single organization, it helps amplify their voices and addresses the unique challenges and opportunities they face. This collective representation strengthens the thoroughbred industry, contributing to its growth and sustainability while enhancing the overall quality of horses bred in the state. Additionally, their efforts support economic development in regions where thoroughbred breeding and racing are significant, fostering community engagement and preserving the rich equestrian culture of New York.




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


Financials

This financial information is from Propublica.

Revenue
$593,617 (2022)
Expenses
$682,825 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $11
  • Program Service Revenue: $559,569
  • Gross Receipts: $709,137

Assets and Liabilities:

  • Total Assets: $111,312
  • Total Liabilities: $0
  • Net Assets: $111,312

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Programs

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

Membership Dues

Revenue

$68,550

NY Stallion Stakes Series

Revenue

$125,500

Promotional Fee Contract

Revenue

$365,519

Organization Details

Founding Year

1974

Principal Officer

Najja Thompson

Main Address

PO Box 5120, Saratoga Springs, NY, 12866

NTEE Category

Code: D60 - Animals

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