Minnesota Arabian Horse Breeders Inc

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

EIN: 411432861 ✦ Lakewood ranch, FL ✦ Designated as a 501(c)(5)

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Overview

What is Minnesota Arabian Horse Breeders Inc?

Minnesota Arabian Horse Breeders Inc, based in Lakewood Ranch, Florida, is a nonprofit organization dedicated to showcasing and promoting the Arabian horse breed. They host an annual futurity show where yearlings can compete in halter classes, and offer performance classes for these horses once they turn three. The Medallion Stallion Program is another initiative, where breedings to nominated sires make the offspring eligible to compete for prize money. By doing so, they attract both new and established breeders from various states. Additionally, this organization provides fundraising opportunities for charitable organizations, contributing to their mission of enhancing the recognition of the Medallion Stallion Futurity Program and showcasing the beauty, intelligence, and versatility of the Arabian breed.


Official website here: www.medallionstallion.com

Is Minnesota Arabian Horse Breeders Inc legitimate?

Minnesota Arabian Horse Breeders Inc is a legitimate nonprofit organization registered as a 501(c)(5) entity. Minnesota Arabian Horse Breeders 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.medallionstallion.com

What is the mission statement of Minnesota Arabian Horse Breeders Inc?

Minnesota Arabian Horse Breeders Inc aims to highlight the beauty, intelligence, and versatility of the Arabian breed. They provide opportunities for charitable organizations to raise funds, and they strive to enhance the recognition of the Medallion Stallion Futurity Program. Through their annual Futurity Show, they offer halter classes for yearlings and performance classes for three-year-old horses. The Medallion Stallion Program, which attracts both new and established breeders, provides prize money for offspring from breedings to nominated sires.


Official website here: www.medallionstallion.com

Who is the CEO of Minnesota Arabian Horse Breeders Inc?

Donna Hentges is the President/Di of Minnesota Arabian Horse Breeders Inc.


Official website here: www.medallionstallion.com

What is the revenue of Minnesota Arabian Horse Breeders Inc?

Minnesota Arabian Horse Breeders Inc's revenue in 2022 was $263,930.


Official website here: www.medallionstallion.com

Who are the executives of Minnesota Arabian Horse Breeders Inc and what are their salaries?

There 30 volunteers at Minnesota Arabian Horse Breeders Inc.


Here are 8 key members and their salaries:


Donna Hentges (President/Di)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Benson (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Geniene Scherer (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deb Treadwell (Secretary/Di)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Brown (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Fitzpatrick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Mckimmy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Proctor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.medallionstallion.com

Where can I find the form 990 for Minnesota Arabian Horse Breeders Inc?

Minnesota Arabian Horse Breeders Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.medallionstallion.com

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

Mission Statement of Minnesota Arabian Horse Breeders Inc

Minnesota Arabian Horse Breeders Inc, as a nonprofit organization, is dedicated to promoting the beauty, intelligence, and versatility of the Arabian breed. One of their main objectives is to provide fundraising opportunities for charitable organizations. They also strive to enhance the recognition of the Medallion Stallion Futurity Program, a program that offers yearlings from Medallion and auction stallions the chance to compete in halter classes, and performance classes for these horses once they reach the age of three or older. Furthermore, the Medallion Stallion Program, which attracts both new and established breeders from a multi-state area, provides offspring from breedings to nominated sires with the opportunity to compete for prize money. This program not only encourages the growth of the Arabian breed but also serves as a platform for charitable fundraising.

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Impact




October, 2024

Minnesota Arabian Horse Breeders Inc significantly impacts the equine community by promoting the beauty, intelligence, and versatility of the Arabian breed. Their efforts create a vibrant platform for both established breeders and newcomers, expanding interest and participation in Arabian horse breeding. Through initiatives such as the Medallion Stallion Futurity Program, they facilitate meaningful competition, allowing offspring of nominated sires to vie for prize money and recognition.

The organization also hosts a Futurity Show, where yearlings bred from Medallion and auction stallions showcase their qualities in halter classes, setting the stage for performance classes as they mature. In addition to enhancing the Arabian breed's prestige, they provide fundraising opportunities for various charitable organizations, reinforcing community support and engagement. Overall, Minnesota Arabian Horse Breeders Inc fosters a supportive environment that elevates the Arabian horse industry and strengthens connections within the equine community.




This information is meant to be a general summary of Minnesota Arabian Horse Breeders 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.

Revenue
$263,930 (2022)
201120122013201420152016201720182019202020212022$0$150k$300k$450k$600k
Expenses
$221,320 (2022)
201120122013201420152016201720182019202020212022$0$150k$300k$450k$600k
Efficiency
2011201220132014201520162017201820192020202120220%0.2%0.4%0.6%0.8%1%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $29,658
  • Program Service Revenue: $234,272
  • Gross Receipts: $263,930

Assets and Liabilities:

  • Total Assets: $907,963
  • Total Liabilities: $438,938
  • Net Assets: $469,025

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Programs

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

MED. STALLION AUCTION

Revenue

$117,625

FUTURITY SHOW ENTRYS RECPT

Revenue

$57,773

UNCLAIMED FUNDS

Revenue

$15,294

MARE NOMINATION (CURRENT)

Revenue

$14,270

ANNUAL DUES W/ STALLION NO

Revenue

$10,000

Organization Details

Founding Year

1979

Principal Officer

Donna Hentges

Main Address

C/O G SCHERER 7019 TWIN HILLS TER, LAKEWOOD RANCH, FL, 34202

NTEE Category

Code: K20 - Food

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