American Morgan Horse Association Inc

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

EIN: 135540007 ✦ Lexington, KY ✦ Designated as a 501(c)(5)

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Overview

What is American Morgan Horse Association Inc?

The American Morgan Horse Association Inc, situated unspecified, is a dedicated nonprofit organization that focuses on preserving, promoting, and perpetuating the Morgan horse breed. They achieve this by selling and distributing promotional and educational items. The association delivers additional member services including conventions, shows, recognition programs, and newsletters to further their objective. These initiatives aim to strengthen and sustain the Morgan horse breed's popularity and significance.


Official website here: www.morganhorse.com

Is American Morgan Horse Association Inc legitimate?

American Morgan Horse Association Inc is a legitimate nonprofit organization registered as a 501(c)(5) entity. American Morgan Horse 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 tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $140,251
Professional Fundraising Fees: $0
Other Salaries and Wages: $769,485

For more financial information, click here


Official website here: www.morganhorse.com

What is the mission statement of American Morgan Horse Association Inc?

The American Morgan Horse Association Inc. is committed to preserving, promoting, and perpetuating the Morgan Breed. They achieve this mission by selling and distributing promotional and educational items. Furthermore, the organization provides member services such as hosting conventions, shows, recognition programs, and distributing newsletters, all aimed at advancing their purpose.


Official website here: www.morganhorse.com

What is the revenue of American Morgan Horse Association Inc?

American Morgan Horse Association Inc's revenue in 2023 was $2,231,662.


Official website here: www.morganhorse.com

Who are the executives of American Morgan Horse Association Inc and what are their salaries?

The average compensation at American Morgan Horse Association Inc during 2023 was $50,541. There are 18 employees and 9 volunteers at American Morgan Horse Association Inc.

Here are 10 key members and their salaries:


Steven Handy (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ca Tony Lee Iii (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashleigh Wood (Vp Of Finance)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Kraegel (Central Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Boyce Bender (Western Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Gruenberg (Central Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harlan Grunden (Central Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terri Sturm (Western Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dallas Mclarney-Bolen (Western Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carrie Mortensen (Executive Director)
  • Compensation: $131,602
  • Related: $0
  • Other: $8,649


Official website here: www.morganhorse.com

Where can I find the form 990 for American Morgan Horse Association Inc?

American Morgan Horse Association Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.morganhorse.com

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

Mission Statement of American Morgan Horse Association Inc

The American Morgan Horse Association's mission is centered around preserving, promoting, and perpetuating the Morgan Breed. To achieve this goal, the organization engages in various activities. One of their key strategies is to sell and distribute promotional and educational items. This not only helps in promoting the Morgan Breed but also generates revenue for the association.

Furthermore, the American Morgan Horse Association offers a range of member services to support its mission. These services include hosting conventions and shows, where members can showcase their Morgan horses and connect with fellow enthusiasts. Additionally, the association provides recognition programs to honor outstanding contributions to the Morgan Breed. Regular newsletters keep members informed about the latest news and events related to the Morgan horses. All these activities aim to foster a strong community around the Morgan Breed and contribute to its ongoing preservation and promotion.

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Impact




October, 2024

The American Morgan Horse Association Inc plays a significant role in the preservation and promotion of the Morgan breed, ensuring its legacy for future generations. By distributing educational materials and promotional items, the association enhances public awareness and appreciation of Morgan horses. Its member services, including conventions, shows, and recognition programs, create a vibrant community centered around this unique breed, fostering connections among enthusiasts and providing valuable resources for education and engagement. Additionally, through newsletters and ongoing communication, the association keeps members informed about the latest developments and opportunities within the Morgan horse community, contributing to a stronger and more unified breed culture. Overall, the impact of the American Morgan Horse Association Inc is seen in its commitment to maintaining the heritage of the Morgan breed while encouraging participation and involvement at all levels.




This information is meant to be a general summary of American Morgan Horse Association 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
$2,231,662 (2023)
Expenses
$2,181,059 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $14,173
  • Program Service Revenue: $1,716,639
  • Gross Receipts: $2,243,031

Assets and Liabilities:

  • Total Assets: $2,180,654
  • Total Liabilities: $383,746
  • Net Assets: $1,796,908

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Programs

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

PUBLICATIONS

Revenue

$886,420

REGISTRY INCOME

Revenue

$576,556

EDUCATION/RECOG./CLUBS

Revenue

$168,663

CONVENTIONS/SHOWS

Revenue

$85,000

Organization Details

Founding Year

1980

Principal Officer

Carrie Mortensen

NTEE Category

Code: J40 - Employment

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