Overview
What is Maryland Horse Breeders Association Inc?
The Maryland Horse Breeders Association Inc, situated in Reistertown, Maryland, is a nonprofit organization dedicated to the promotion and encouragement of horse breeding and participation in horse sports within the state. With a team of 12 employees, they publish various materials to disseminate information about racing and breeding in Maryland and the surrounding region. Their flagship publication is the "Mid-Atlantic Thoroughbred," a monthly magazine in full color. Additionally, they produce an annual guide to Thoroughbred farms in Maryland, as well as posters, brochures, and educational materials about horse racing and breeding in the state. The Association's mission is to support and enhance the horse breeding industry in Maryland, with a focus on Thoroughbred race horses but also embracing all equestrian activities.
Official website here: www.marylandthoroughbred.com
Is Maryland Horse Breeders Association Inc legitimate?
Maryland Horse Breeders Association Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Maryland Horse Breeders 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $633,447
For more financial information, click here
Official website here: www.marylandthoroughbred.com
What is the mission statement of Maryland Horse Breeders Association Inc?
The Maryland Horse Breeders Association (MHBA) is dedicated to encouraging, promoting, protecting, and improving the horse breeding industry. Although the production of Thoroughbred race horses has been the primary focus, the MHBA supports various equestrian activities. The organization uses publications as a tool to promote the horse industry and educate the public about racing and breeding. The MHBA publishes a monthly magazine, "Mid-Atlantic Thoroughbred," which covers racing and breeding in Maryland and the surrounding region. Furthermore, the association produces an annual guide to Thoroughbred farms, as well as posters, brochures, and other materials that inform the public about horse racing and breeding in the state.
Official website here: www.marylandthoroughbred.com
Who is the CEO of Maryland Horse Breeders Association Inc?
Cricket Goodall is the Executive Di of Maryland Horse Breeders Association Inc.
Official website here: www.marylandthoroughbred.com
What is the revenue of Maryland Horse Breeders Association Inc?
Maryland Horse Breeders Association Inc's revenue in 2023 was $2,173,917.
Official website here: www.marylandthoroughbred.com
Who are the executives of Maryland Horse Breeders Association Inc and what are their salaries?
The average compensation at Maryland Horse Breeders Association Inc during 2023 was $52,787. There are 12 employees and 15 volunteers at Maryland Horse Breeders Association Inc.
Here are 16 key members and their salaries:
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Official website here: www.marylandthoroughbred.com
Where can I find the form 990 for Maryland Horse Breeders Association Inc?
Maryland Horse Breeders Association Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.marylandthoroughbred.com
Learn more at the official website: www.marylandthoroughbred.com
Mission Statement of Maryland Horse Breeders Association Inc
The Maryland Horse Breeders Association (MHBA) is dedicated to encouraging, promoting, protecting, and improving the horse breeding industry in Maryland. With a particular focus on thoroughbred race horses, MHBA extends its encouragement to all sports related to the use of horses.
In pursuit of its mission, MHBA employs publications as a means of promoting the horse industry and horse breeding in Maryland and beyond. One of its primary publications is the "Mid-Atlantic Thoroughbred," a monthly magazine that covers racing and breeding news in Maryland and the surrounding region. The association also publishes an annual guide to thoroughbred farms in Maryland and various posters, brochures, and guides that educate the public about racing and breeding in the state.
By producing these publications, MHBA aims to foster a strong connection between the horse breeding community and the public, fostering an appreciation for the industry and encouraging participation in horse sports. Through its publications, the association shares news, success stories, and educational resources with its members and the wider public, ultimately contributing to the growth and development of the horse breeding industry in Maryland.
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Impact
October, 2024
The Maryland Horse Breeders Association Inc (MHBA) plays a vital role in enhancing the horse breeding industry in Maryland, with a primary focus on producing Thoroughbred racehorses. By promoting and protecting the interests of horse breeders, MHBA fosters an environment that encourages participation in all horse-related sports.
One of the key methods of impact is through their publications, including the monthly magazine "Mid-Atlantic Thoroughbred," which serves as a critical resource for those involved in racing and breeding. This magazine provides insights, updates, and educational content that helps keep stakeholders informed and engaged. In addition, the MHBA publishes an annual guide to Thoroughbred farms in Maryland, which highlights local breeding facilities and promotes awareness about the industry.
Through various posters, brochures, and educational guides, the MHBA actively informs the public and raises awareness of the significance of the horse industry within the state. Their efforts help to sustain and grow the horse breeding community, contributing to both economic development and cultural enrichment in Maryland. By advocating for the industry and supporting horse sports, the MHBA strengthens the ties between the community and the heritage of horse breeding in the region.
This information is meant to be a general summary of Maryland Horse Breeders 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 2023.
- Investment Income: -$455
- Program Service Revenue: $2,116,452
- Gross Receipts: $2,614,400
Assets and Liabilities:
- Total Assets: $3,276,106
- Total Liabilities: $773,182
- Net Assets: $2,502,924
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICES REVENUE
Revenue
$1,714,574
ADVERTISING REVENUE
Revenue
$401,878
Organization Details
Founding Year
1929
Phone
(410) 252-2100Principal Officer
Cricket Goodall
Main Address
321 MAIN STREET, REISTERSTOWN, MD, 21136
Website
www.marylandthoroughbred.comNTEE Category
Code: D032 - Animals
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