Downstate Classic Inc

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

EIN: 463874729 ✦ Newton, IL ✦ Designated as a 501(c)(5)

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Overview

What is Downstate Classic Inc?

Downstate Classic Inc is a nonprofit organization with a focus on agricultural development, specifically in the realm of livestock improvement. Their mission extends to enhancing the standardbred horses, one of their key areas of interest. Although the information provided is limited, it suggests that their activities revolve around improving and fostering the growth of these horses. Downtown Classic Inc may also be involved in other agricultural projects, but the specifics are not explicitly stated in the provided information.

Is Downstate Classic Inc legitimate?

Downstate Classic Inc is a legitimate nonprofit organization registered as a 501(c)(5) entity. Downstate Classic Inc submitted a form 990EZ, 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.

What is the mission statement of Downstate Classic Inc?

Downstate Classic Inc's mission primarily revolves around the improvement of agriculture, with a specific focus on livestock. More specifically, they aim to enhance the standardbred horses breed. Their activities are geared towards advancing and bettering the standardbred horses, expanding beyond the limited scope of livestock.

Who is the CEO of Downstate Classic Inc?

Evan Hall is the President of Downstate Classic Inc.

What is the revenue of Downstate Classic Inc?

Downstate Classic Inc's revenue in 2022 was $45,584.

Who are the executives of Downstate Classic Inc and what are their salaries?


Here are 12 key members and their salaries:


Ed Teefey (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kurt Becker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Brink (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tina Schrock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Irwin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Butts (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leann Shinn (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Evan Hall (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Rittenhouse (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pete Skeffington (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Troy Markert (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Mccaskill (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Downstate Classic Inc?

Downstate Classic Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Downstate Classic Inc

Downstate Classic Inc, as a nonprofit organization, is dedicated to the improvement of agricultural practices, with a particular focus on livestock. Among its various endeavors, the organization has a special interest in enhancing the quality of standardbred horses. By engaging in these activities, Downstate Classic Inc aims to contribute positively to this field, promoting advancements and improvements in livestock care and breeding.

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Impact




October, 2024

Downstate Classic Inc has a significant impact on the local agricultural landscape, focusing on livestock improvement, particularly standardbred horses. By promoting better breeding practices and enhancing the overall quality of these horses, the organization contributes to the vitality of the equine industry in the Newton, IL area. Its efforts help local breeders and stakeholders strive for excellence, fostering a culture of innovation and continuous improvement within the agricultural sector. Additionally, by emphasizing recreational activities related to standardbred horses, Downstate Classic Inc supports local events and competitions, which can enhance community engagement and tourism. This multifaceted approach serves to uplift the region's agricultural profile while instilling a sense of pride and achievement among those involved in livestock and equine activities.




This information is meant to be a general summary of Downstate Classic 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
$45,584 (2022)
Expenses
$42,777 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $34
  • Gross Receipts: $45,584

Assets and Liabilities:

  • Total Assets: $20,893
  • Total Liabilities: $0
  • Net Assets: $20,893

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Organization Details

Principal Officer

Evan Hall

Main Address

303 ORCHARD DR, NEWTON, IL, 62448

NTEE Category

Code: N60 - Recreation

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