Overview
What is Idaho Quarter Horse Racing Association Inc?
The Idaho Quarter Horse Racing Association Inc, based in Idaho, is a nonprofit organization with a mission to foster the growth of Quarter Horses in the state. They accomplish this through various programs, such as hosting events like the Bitterroot stallion auction and organizing the Idaho cup race. These initiatives aim to stimulate interest and participation in the breeding and racing of Quarter Horses within the region.
Official website here: www.iqhracing.com
Is Idaho Quarter Horse Racing Association Inc legitimate?
Idaho Quarter Horse Racing Association Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Idaho Quarter Horse Racing 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: $10,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.iqhracing.com
What is the mission statement of Idaho Quarter Horse Racing Association Inc?
The Idaho Quarter Horse Racing Association's mission is centered around promoting the breeding and racing of Quarter Horses within the state. They achieve this through various initiatives, such as organizing events like the Bitterroot stallion auction and the Idaho cup race. The association's primary goal is to foster an environment that supports the growth and celebration of Quarter Horses in the racing community.
Official website here: www.iqhracing.com
Who is the CEO of Idaho Quarter Horse Racing Association Inc?
Clayton Russell is the Vice President of Idaho Quarter Horse Racing Association Inc.
Official website here: www.iqhracing.com
What is the revenue of Idaho Quarter Horse Racing Association Inc?
Idaho Quarter Horse Racing Association Inc's revenue in 2022 was $430,703.
Official website here: www.iqhracing.com
Who are the executives of Idaho Quarter Horse Racing Association Inc and what are their salaries?
Here are 14 key members and their salaries:
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Official website here: www.iqhracing.com
Where can I find the form 990 for Idaho Quarter Horse Racing Association Inc?
Idaho Quarter Horse Racing Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.iqhracing.com
Learn more at the official website: www.iqhracing.com
Mission Statement of Idaho Quarter Horse Racing Association Inc
The Idaho Quarter Horse Racing Association, in its mission, is dedicated to promoting the cultivation and competitions of Quarter Horses within the state of Idaho. This nonprofit organization takes an active role in fostering the growth of these horses through initiatives such as the Bitterroot stallion auction and the Idaho cup race. By doing so, it contributes to the development and recognition of Quarter Horses in the region, ultimately enriching the equestrian community.
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Impact
October, 2024
Idaho Quarter Horse Racing Association Inc plays a significant role in enhancing the quarter horse industry within the state. By promoting the raising and racing of quarter horses, the association fosters a vibrant community of breeders, trainers, and participants, ultimately boosting local economies through increased tourism and events.
Programs such as the Bitterroot stallion auction and the Idaho Cup race highlight the association's commitment to showcasing high-quality horses and providing competitive opportunities for owners and riders. These initiatives not only celebrate the uniqueness of quarter horses but also encourage the growth of breeding programs, ensuring the continuation of this valued tradition in Idaho.
Moreover, the association contributes to education and awareness surrounding the quarter horse breed, helping to foster respect and appreciation for these animals among the public. By organizing events and competitions, it engages the community and strengthens the bond between horse racing enthusiasts and the wider population, thus promoting social interaction and community spirit.
This information is meant to be a general summary of Idaho Quarter Horse Racing 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$196
- Program Service Revenue: $431,135
- Gross Receipts: $436,194
Assets and Liabilities:
- Total Assets: $668,643
- Total Liabilities: $0
- Net Assets: $668,643
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BR HORSEMANS MONEY
Revenue
$150,476
IC HORSEMANS MONEY
Revenue
$28,733
MISCELLANOUS
Revenue
$18,135
STALLION AUCTION & RACE
Revenue
$191,200
STATE RACING COMMISSION
Revenue
$20,810
Organization Details
Founding Year
2010
Phone
(208) 731-0368Principal Officer
Clayton Russell
Main Address
177 E 100 S, JERROME, ID, 83338
Website
www.iqhracing.comNTEE Category
Code: Z99 - Unknown
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