Ohio Thoroughbred Breeders & Owners

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

EIN: 316049009 ✦ Jeromesville, OH ✦ Designated as a 501(c)(6)

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Overview

What is Ohio Thoroughbred Breeders & Owners?

Ohio Thoroughbred Breeders & Owners is a nonprofit organization situated in Jeromesville, Ohio. Its mission is to foster a sense of unity and address shared challenges within the Thoroughbred breeding industry in the state. They accomplish this through various initiatives, such as fundraising, publishing a magazine, maintaining a stallion register, organizing horse sales, and circulating newsletters. The organization's purpose is to promote common interests and find solutions to common problems within this specific industry in Ohio.


Official website here: www.otbo.com

Is Ohio Thoroughbred Breeders & Owners legitimate?

Ohio Thoroughbred Breeders & Owners is a legitimate nonprofit organization registered as a 501(c)(6) entity. Ohio Thoroughbred Breeders & Owners 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: $124,845
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.otbo.com

What is the mission statement of Ohio Thoroughbred Breeders & Owners?

Ohio Thoroughbred Breeders & Owners was established with the purpose of addressing shared concerns and challenges within the Thoroughbred breeding horse industry in the state. To accomplish this goal, the organization engages in fundraising activities to realize their objectives, which include publishing a magazine, maintaining a stallion register, organizing horse sales, and distributing newsletters. In essence, Ohio Thoroughbred Breeders & Owners aims to promote unity and address mutual issues within the Thoroughbred breeding industry in Ohio.


Official website here: www.otbo.com

What is the revenue of Ohio Thoroughbred Breeders & Owners?

Ohio Thoroughbred Breeders & Owners's revenue in 2023 was $214,257.


Official website here: www.otbo.com

Who are the executives of Ohio Thoroughbred Breeders & Owners and what are their salaries?

There 12 volunteers at Ohio Thoroughbred Breeders & Owners.

Here are 13 key members and their salaries:


Brian Raimonde (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Zielinski (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Mcintyre (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cathy Gale (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Devine (Secretary (Thru 10/23))
  • Compensation: $5,000
  • Related: $0
  • Other: $0
Tony Fishbach (Director (Thru 07/23))
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Chumney (Director (Thru 09/23))
  • Compensation: $0
  • Related: $0
  • Other: $0
John Royer (Director (Thru 09/23))
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Demaiolo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sam Klein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Friedman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Jamison (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Annechino (Executive Director)
  • Compensation: $129,639
  • Related: $0
  • Other: $0


Official website here: www.otbo.com

Where can I find the form 990 for Ohio Thoroughbred Breeders & Owners?

Ohio Thoroughbred Breeders & Owners's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.otbo.com

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

Mission Statement of Ohio Thoroughbred Breeders & Owners

Ohio Thoroughbred Breeders & Owners, a nonprofit organization, was established with a mission to foster unity and address shared challenges within the Thoroughbred breeding horse industry in the state of Ohio. To accomplish this objective, the organization undertakes fundraising initiatives to achieve its objectives, including publishing a magazine, maintaining a stallion register, organizing horse sales, and distributing newsletters, among other activities. The primary goal of Ohio Thoroughbred Breeders & Owners is to promote the common interests and tackle common problems that impact individuals involved in the Thoroughbred breeding horse industry in Ohio.

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Impact




October, 2024

The Ohio Thoroughbred Breeders & Owners (OTBO) significantly influences the state's thoroughbred breeding industry by uniting breeders and owners to address shared challenges and promote their interests. Through various activities like fundraising, the production of a magazine, stallion register, and newsletters, OTBO fosters a strong community among industry stakeholders. By organizing horse sales and providing essential resources, the organization enhances visibility and opportunity for Ohio's thoroughbred breeders. This collaborative effort not only supports individual participants but also bolsters the overall health and sustainability of the thoroughbred industry in Ohio, driving economic development and community improvement.




This information is meant to be a general summary of Ohio Thoroughbred Breeders & Owners. 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
$214,257 (2023)
Expenses
$279,652 (2023)
Efficiency

Other financial information:

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

  • Program Service Revenue: $192,407
  • Gross Receipts: $214,257

Assets and Liabilities:

  • Total Assets: $342,372
  • Total Liabilities: $112,250
  • Net Assets: $230,122

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Programs

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

STALLION SEASON AUCTIO

Revenue

$168,134

MIXED BREED SALES

Revenue

$19,253

MEMBERSHIP DUES

Revenue

$5,020

Organization Details

Founding Year

1956

Principal Officer

Michael Annechino

NTEE Category

Code: S41 - Community improvement

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