Overview
What is Louisiana Quarter Horse Breeders Association?
The Louisiana Quarter Horse Breeders Association is a nonprofit organization dedicated to enhancing the quality of Accredited Louisiana-bred racing quarter horses. Their primary mission involves facilitating quarterhorse breeding, while providing economic and educational benefits to the owners of these horses. To achieve their goals, they focus on improving their annual Yearling Sale and Fall Mixed Sale, aiming to offer better opportunities for quarterhorse owners. This organization's work contributes to the overall development and success of the quarterhorse racing community in Louisiana.
Official website here: www.lghba.com
Is Louisiana Quarter Horse Breeders Association legitimate?
Louisiana Quarter Horse Breeders Association is a legitimate nonprofit organization registered as a 501(c)(5) entity. Louisiana Quarter Horse Breeders Association 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:
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Other Salaries and Wages: $330,134
For more financial information, click here
Official website here: www.lghba.com
What is the mission statement of Louisiana Quarter Horse Breeders Association?
The Louisiana Quarter Horse Breeders Association's mission is centered around facilitating the breeding of Quarter Horses and providing both economic and educational benefits to their owners. They strive to enhance the quality of Accredited Louisiana Bred racing Quarter Horses and continuously improve their annual sales events, such as the Yearling Sale and Fall Mixed Sale. Their aim is to provide value to Quarter Horse owners beyond just breeding, enhancing their overall experience and knowledge in this field.
Official website here: www.lghba.com
What is the revenue of Louisiana Quarter Horse Breeders Association?
Louisiana Quarter Horse Breeders Association's revenue in 2023 was $7,671,089.
Official website here: www.lghba.com
Who are the executives of Louisiana Quarter Horse Breeders Association and what are their salaries?
The average compensation at Louisiana Quarter Horse Breeders Association during 2023 was $82,534. There are 4 employees and 14 volunteers at Louisiana Quarter Horse Breeders Association.
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Official website here: www.lghba.com
Where can I find the form 990 for Louisiana Quarter Horse Breeders Association?
Louisiana Quarter Horse Breeders Association's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.lghba.com
Learn more at the official website: www.lghba.com
Mission Statement of Louisiana Quarter Horse Breeders Association
The Louisiana Quarter Horse Breeders Association, in its mission, focuses on facilitating the breeding of Quarter Horses and providing economic and educational value to their owners. This nonprofit organization strives to enhance the quality of Accredited Louisiana Bred racing Quarter Horses and continually improves its annual Yearling Sale and Fall Mixed Sale. By doing so, the association aims to serve and benefit the Quarter Horse owners effectively.
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Impact
October, 2024
The Louisiana Quarter Horse Breeders Association plays a crucial role in enhancing the breeding of Quarter Horses in the state. By focusing on the quality of Accredited Louisiana Bred racing Quarter Horses, the organization not only improves the standards of horse breeding but also positively influences the local economy.
Through its efforts, the association organizes events like the annual Yearling Sale and Fall Mixed Sale, which serve as vital marketplaces for Quarter Horse owners and breeders, fostering economic activity and generating income within the equine industry. Additionally, it provides educational resources and support to horse owners, ensuring they have access to the knowledge needed to succeed in breeding and raising quality horses.
Overall, the impact of the Louisiana Quarter Horse Breeders Association extends beyond breeding, creating a ripple effect that benefits the horse racing industry, local businesses, and communities in Alexandria and throughout Louisiana.
This information is meant to be a general summary of Louisiana Quarter Horse Breeders Association. 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: $390,759
- Program Service Revenue: $1,918,363
- Gross Receipts: $7,671,089
Assets and Liabilities:
- Total Assets: $11,422,107
- Total Liabilities: $1,130,661
- Net Assets: $10,291,446
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
YEARLING SALES
Revenue
$10,374,342
SUPPORT & REVENUE
Revenue
$702,156
10% SLOT FUNDS
Revenue
$368,826
CREDIT CARD& FEE INCOME
Revenue
$26,366
OTB INCOME
Revenue
$14,548
Organization Details
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