Overview
What is Illinois Equine Industry Research And Promotion Board?
The Illinois Equine Industry Research and Promotion Board is a state-authorized nonprofit organization. Its primary function is to collect an assessment on horse feed, which it then uses to distribute funds to grantees. This is done with the goal of enhancing the Illinois Equine Industry. The funds are primarily utilized for research, education, and promotion purposes, aiming to develop and improve equine programs within the state. In essence, the Board serves as a catalyst for the growth and advancement of the equine industry in Illinois through its grant distribution efforts.
Official website here: www.iepb.org
Is Illinois Equine Industry Research And Promotion Board legitimate?
Illinois Equine Industry Research And Promotion Board is a legitimate nonprofit organization registered as a 501(c)(6) entity. Illinois Equine Industry Research And Promotion Board submitted a form 990EZ, 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.
Official website here: www.iepb.org
What is the mission statement of Illinois Equine Industry Research And Promotion Board?
The Illinois Equine Industry Research and Promotion Board is authorized to collect an assessment on horse feed and distribute the funds to grantees. The primary objective of this board is to enhance the equine industry in Illinois through research, education, and promotional activities. By doing so, they aim to develop equine programs that benefit the industry as a whole. The board's mission is to disburse grant funds for educational programs, research, and promotion of the equine industry, ultimately contributing to its growth and development.
Official website here: www.iepb.org
Who is the CEO of Illinois Equine Industry Research And Promotion Board?
David Nobbe is the President of Illinois Equine Industry Research And Promotion Board.
Official website here: www.iepb.org
What is the revenue of Illinois Equine Industry Research And Promotion Board?
Illinois Equine Industry Research And Promotion Board's revenue in 2022 was $93,279.
Official website here: www.iepb.org
Who are the executives of Illinois Equine Industry Research And Promotion Board and what are their salaries?
Here are 9 key members and their salaries:
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Official website here: www.iepb.org
Where can I find the form 990EZ for Illinois Equine Industry Research And Promotion Board?
Illinois Equine Industry Research And Promotion Board's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.iepb.org
Learn more at the official website: www.iepb.org
Mission Statement of Illinois Equine Industry Research And Promotion Board
The Illinois Equine Industry Research and Promotion Board is a state-authorized entity that collects an assessment on horse feed. Its primary mission is to distribute these funds to various grantees, with the aim of enhancing the Illinois equine industry. The Board's focus is on three key areas: research, education, and promotion. By channeling resources into these sectors, the Board aims to develop and strengthen equine programs within the state. The Board's activities are designed to promote the growth and success of the Illinois equine industry, ensuring its continued vitality and development.
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Impact
October, 2024
The Illinois Equine Industry Research and Promotion Board significantly impacts the equine sector in Illinois by leveraging funds collected through assessments on horse feed. This financial strategy enables the Board to support grants focused on research, education, and promotional activities that enhance the overall equine industry.
By funding educational programs, the Board cultivates a knowledgeable community engaged in equine activities, ensuring the growth of best practices and innovation within the industry. Research initiatives funded by the Board contribute valuable insights into horse health, training methodologies, and management practices, empowering stakeholders with the latest knowledge.
Additionally, promotional activities help to raise awareness about the equine industry, drawing attention to its value and potential within the state. The Board's efforts ultimately lead to the development of more robust equine programs, benefiting not only horse owners and professionals but also enhancing the local economy and community involvement in equine-related events.
In summary, the Illinois Equine Industry Research and Promotion Board plays a crucial role in fostering a dynamic and sustainable equine industry in Illinois through targeted funding and support for research, education, and promotional initiatives.
This information is meant to be a general summary of Illinois Equine Industry Research And Promotion Board. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $442
- Program Service Revenue: $91,537
- Gross Receipts: $93,279
Assets and Liabilities:
- Total Assets: $172,116
- Total Liabilities: $0
- Net Assets: $172,116
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Organization Details
Phone
(217) 529-6503Principal Officer
David Nobbe
Main Address
106 LILAC LANE, CHATHAM, IL, 62629
Website
www.iepb.orgNTEE Category
Code: S41 - Community improvement
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