Overview
What is Texas Thoroughbred Breeders Association?
The Texas Thoroughbred Breeders Association serves as the designated state registry for thoroughbred horse breeding in Texas. Their primary mission is to foster, enhance, and elevate the breeding of thoroughbreds within the state. To accomplish this, they organize various events and activities, such as horse sales, aimed at improving the quality of the horses raised in Texas. Additionally, they conduct meetings, seminars, tours, and pedigree research to support thoroughbred horse owners in enhancing their horses' qualities and operations. The association's overall objective is to promote and enhance the thoroughbred breeding sector in Texas.
Is Texas Thoroughbred Breeders Association legitimate?
Texas Thoroughbred Breeders Association is a legitimate nonprofit organization registered as a 501(c)(5) entity. Texas Thoroughbred Breeders Association 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: $102,620
Professional Fundraising Fees: $0
Other Salaries and Wages: $89,124
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What is the mission statement of Texas Thoroughbred Breeders Association?
The Texas Thoroughbred Breeders Association, serving as the official registry for thoroughbreds in its state, is committed to promoting and enhancing the breeding of these horses. To achieve this objective, they organize various events, such as horse sales, aimed at improving the quality of thoroughbreds raised within Texas. Additionally, the association conducts meetings, seminars, and tours, providing valuable resources and assistance to thoroughbred horse owners. Furthermore, the Texas Thoroughbred Breeders Association engages in pedigree research and activities, all aimed at supporting and improving the breeding and overall quality of thoroughbred horses.
What is the revenue of Texas Thoroughbred Breeders Association?
Texas Thoroughbred Breeders Association's revenue in 2023 was $1,083,888.
Who are the executives of Texas Thoroughbred Breeders Association and what are their salaries?
The average compensation at Texas Thoroughbred Breeders Association during 2023 was $47,936. There are 4 employees at Texas Thoroughbred Breeders Association.
Here are 21 key members and their salaries:
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Where can I find the form 990 for Texas Thoroughbred Breeders Association?
Texas Thoroughbred Breeders Association's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Texas Thoroughbred Breeders Association
The Texas Thoroughbred Breeders Association, a renowned organization, is dedicated to promoting and enhancing thoroughbred breeding. Their mission is multifaceted, encompassing the development and improvement of thoroughbred breeding in the state of Texas. To achieve this, the Association sponsors various events, including horse sales and seminars, aimed at raising the quality of thoroughbreds bred in the region. They also engage in pedigree research and activities, providing valuable assistance to owners of thoroughbred horses in their quest to enhance the quality of their horses and operations. In essence, the Texas Thoroughbred Breeders Association serves as a catalyst for the growth and betterment of thoroughbred breeding in Texas.
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Impact
October, 2024
The Texas Thoroughbred Breeders Association (TTBA) plays a significant role in enhancing and promoting the thoroughbred breeding industry within the state. As the officially designated state horse breeding registry for thoroughbreds in Texas, the TTBA is dedicated to improving the quality of horse breeding through various initiatives.
By organizing horse sale events, the TTBA facilitates the exchange of high-quality thoroughbreds, ultimately raising the standard of horses bred in Texas. The Association also conducts meetings, seminars, and tours that provide valuable insights and education for owners and breeders. This commitment to education is complemented by pedigree research that helps breeders make informed decisions, thereby elevating the overall quality of thoroughbreds in the region.
Through its activities, the TTBA not only fosters a vibrant thoroughbred breeding community but also contributes to the economic growth of Texas' agricultural sector by attracting interest and investment in thoroughbred horse racing and breeding.
This information is meant to be a general summary of Texas Thoroughbred Breeders Association. 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: $893
- Program Service Revenue: $1,075,445
- Gross Receipts: $1,083,888
Assets and Liabilities:
- Total Assets: $2,119,293
- Total Liabilities: $1,698,319
- Net Assets: $420,974
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Accreditation Fees
Revenue
$70,270
Accredited Texas-Bred Pro
Revenue
$149,257
Commissions and Fees
Revenue
$563,425
Horse/Stallion Sales
Revenue
$254,275
Other Miscell Revenue
Revenue
$35,155
Organization Details
Founding Year
1955
Principal Officer
Philip J Leckinger
NTEE Category
Code: K20 - Food
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