Overview
What is Pennsylvania Horse Breeders' Associnc?
The Pennsylvania Horse Breeders' Association, established in 1948, serves as a representation for thoroughbred horse breeders in Pennsylvania. Their mission is multifaceted, encompassing several key objectives. Firstly, they aim to improve thoroughbred breeding among their members. Secondly, they collect, process, and maintain statistical data related to breeding and racing performance of Pennsylvania-bred thoroughbred horses. Thirdly, they develop, administer, and promote the Pennsylvania Breeding Fund Program. Lastly, they provide facilities for breeders to collaborate and promote the thoroughbred industry, while maintaining connections with local, state, and national organizations involved in thoroughbred racing and breeding. The association, led by a team of six dedicated individuals, is headquartered in Kenneth Square, Pennsylvania.
Official website here: www.pabred.com
Is Pennsylvania Horse Breeders' Associnc legitimate?
Pennsylvania Horse Breeders' Associnc is a legitimate nonprofit organization registered as a 501(c)(5) entity. Pennsylvania Horse Breeders' Associnc 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: $325,039
Professional Fundraising Fees: $0
Other Salaries and Wages: $176,550
For more financial information, click here
Official website here: www.pabred.com
What is the mission statement of Pennsylvania Horse Breeders' Associnc?
The Pennsylvania Horse Breeders' Association, established in 1948, serves as a representative body for breeders of thoroughbred horses in the state. Its primary mission involves assisting members in improving thoroughbred breeding, accumulating and maintaining relevant statistical information, developing and promoting a breeding fund program, providing facilities for breeders to promote the industry collectively, and maintaining regular communication with local, state, and national organizations involved in thoroughbred racing and breeding. The association's main goal is to support and advance the thoroughbred industry in Pennsylvania.
Official website here: www.pabred.com
What is the revenue of Pennsylvania Horse Breeders' Associnc?
Pennsylvania Horse Breeders' Associnc's revenue in 2023 was $1,456,628.
Official website here: www.pabred.com
Who are the executives of Pennsylvania Horse Breeders' Associnc and what are their salaries?
The average compensation at Pennsylvania Horse Breeders' Associnc during 2023 was $100,318. There are 5 employees at Pennsylvania Horse Breeders' Associnc.
Here are 18 key members and their salaries:
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- Compensation: $162,000
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- Other: $39,917
- Compensation: $98,700
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- Other: $24,422
Official website here: www.pabred.com
Where can I find the form 990 for Pennsylvania Horse Breeders' Associnc?
Pennsylvania Horse Breeders' Associnc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.pabred.com
Learn more at the official website: www.pabred.com
Mission Statement of Pennsylvania Horse Breeders' Associnc
The Pennsylvania Horse Breeders' Association, established in 1948, serves as a representative body for breeders of thoroughbred horses in Pennsylvania. The organization's primary mission is threefold. Firstly, it aims to assist its members in improving their thoroughbred breeding practices. Secondly, the association collects, processes, and maintains statistical data related to the breeding and racing performance of Pennsylvania-bred thoroughbred horses. Lastly, it develops, administers, and promotes the Pennsylvania Breeding Fund Program, providing facilities for breeders to collaborate in promoting the thoroughbred industry. Furthermore, the Pennsylvania Horse Breeders' Association maintains regular communication with local, state, and national groups and organizations involved in thoroughbred racing and breeding, thereby strengthening its role in the thoroughbred industry.
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Impact
October, 2024
The Pennsylvania Horse Breeders' Association has significantly impacted the thoroughbred horse industry in the state by promoting and developing the Pennsylvania Racing Commission's breeding program. Founded in 1948, the organization represents breeders of thoroughbred horses in Pennsylvania and plays a crucial role in improving breeding practices.
One of its key contributions includes the accumulation and maintenance of essential statistical data related to breeding and racing performance, which supports breeders in making informed decisions. The association also actively develops and administers the Pennsylvania Breeding Fund Program, which provides financial incentives and support to encourage high-quality thoroughbred production in the region.
By facilitating collaboration among breeders, the association fosters a united effort to enhance the thoroughbred industry, ensuring that Pennsylvania maintains a competitive edge in horse racing. Additionally, the organization maintains strong relationships with local, state, and national groups involved in thoroughbred racing and breeding, creating a network that bolsters the statewide horse racing community. Overall, the Pennsylvania Horse Breeders' Association is integral to the success and growth of the thoroughbred industry in Pennsylvania.
This information is meant to be a general summary of Pennsylvania Horse Breeders' Associnc. 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 2023.
- Investment Income: $2,078
- Program Service Revenue: $1,399,120
- Gross Receipts: $1,456,628
Assets and Liabilities:
- Total Assets: $737,300
- Total Liabilities: $31,205
- Net Assets: $706,095
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES FROM GOV'T AGENCY
Revenue
$1,222,775
REGISTRATION SURCHARGE
Revenue
$97,125
PA RACE DAY REIMBURSEM
Revenue
$50,220
PA SIRE/STALLION NOMIN
Revenue
$29,000
Organization Details
Founding Year
1948
Principal Officer
Brian N Sanfratello
Website
www.pabred.comNTEE Category
Code: N60 - Recreation
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