Overview
What is National Snaffle Bit Association Inc?
National Snaffle Bit Association Inc, based in Gurnee, Illinois, is a nonprofit organization dedicated to promoting exhibits, events, training, and interest in the pleasure horse. Their primary mission is to improve the quality of this breed and encourage younger horsemen to engage with pleasure horses. They achieve this by organizing various competitions, shows, and contests, including the prestigious World Championship Show, which welcomes participants from all breed equine associations. The association employs a team of 16 individuals who are passionate about their mission.
Official website here: www.nsba.com
Is National Snaffle Bit Association Inc legitimate?
National Snaffle Bit Association Inc is a legitimate nonprofit organization registered as a 501(c)(5) entity. National Snaffle Bit 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: $165,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $830,991
For more financial information, click here
Official website here: www.nsba.com
What is the mission statement of National Snaffle Bit Association Inc?
The National Snaffle Bit Association Inc's mission is centered around promoting exhibits, events, and contests related to the pleasure horse. Their purpose is to define, promote, and enhance the quality of these horses. They also aim to encourage the training of pleasure horses and foster interest in them among younger horse enthusiasts. Furthermore, they advocate for the use of standard rules for judging contests of pleasure horses.
Official website here: www.nsba.com
What is the revenue of National Snaffle Bit Association Inc?
National Snaffle Bit Association Inc's revenue in 2023 was $7,496,096.
Official website here: www.nsba.com
Who are the executives of National Snaffle Bit Association Inc and what are their salaries?
The average compensation at National Snaffle Bit Association Inc during 2023 was $71,142. There are 14 employees and 18 volunteers at National Snaffle Bit Association Inc.
Here are 19 key members and their salaries:
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Official website here: www.nsba.com
Where can I find the form 990 for National Snaffle Bit Association Inc?
National Snaffle Bit Association Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.nsba.com
Learn more at the official website: www.nsba.com
Mission Statement of National Snaffle Bit Association Inc
The National Snaffle Bit Association Inc is dedicated to advancing the exhibition, events, and training of the pleasure horse. This organization's primary mission is to enhance the quality of the pleasure horse and foster interest in this specific breed among younger horsemen. To achieve this, the National Snaffle Bit Association Inc promotes various exhibitions, events, and contests in expositions and shows. Moreover, they are committed to improving the training of pleasure horses, encouraging younger horsemen to engage with this breed, and utilizing standard rules for judging contests of pleasure horses. By doing so, the National Snaffle Bit Association Inc aims to promote and elevate the pleasure horse, ensuring its continued presence and appreciation within the equestrian community.
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Impact
October, 2024
The National Snaffle Bit Association Inc significantly impacts the equestrian community by enhancing the quality and appreciation of pleasure horses. Through sanctioned events, shows, and contests, including the prestigious World Championship Show, it fosters a competitive spirit that encourages participation across various equine associations.
By promoting exhibits and training initiatives, the organization not only elevates the standards of pleasure horse training but also attracts interest among younger horse enthusiasts. This focus on education and engagement cultivates a new generation of horsemen and women who are passionate about the sport. Furthermore, adherence to standardized rules for contests ensures fairness and consistency in competitions, thereby enhancing the credibility and integrity of pleasure horse events. Overall, the association plays a crucial role in defining and uplifting the pleasure horse community.
This information is meant to be a general summary of National Snaffle Bit 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: $148,283
- Program Service Revenue: $6,992,336
- Gross Receipts: $7,506,596
Assets and Liabilities:
- Total Assets: $5,863,990
- Total Liabilities: $2,461,834
- Net Assets: $3,402,156
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MAGAZINES
Revenue
$593,721
MEMBERSHIP DUES
Revenue
$613,851
REGISTRATION INCOME
Revenue
$174,439
SHOWS
Revenue
$4,244,611
YEARLING SALES
Revenue
$1,365,714
Organization Details
Founding Year
1983
Principal Officer
Stephanie Lynn
Website
www.nsba.comNTEE Category
Code: N50 - Recreation
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