Overview
What is Blue Collar Breeders Initiative?
The Blue Collar Breeders Initiative is a nonprofit organization dedicated to fostering horse breeding. They accomplish this goal by implementing various programs that collect enrollment fees and subsequently distribute futurity winnings. The initiative's purpose is to support and promote the horse breeding sector, offering potential rewards for participants in the process.
Is Blue Collar Breeders Initiative legitimate?
Blue Collar Breeders Initiative is a legitimate nonprofit organization registered as a 501(c)(5) entity. Blue Collar Breeders Initiative 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.
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What is the mission statement of Blue Collar Breeders Initiative?
The Blue Collar Breeders Initiative is committed to fostering horse breeding. They achieve this objective by implementing programs that collect enrollment fees and distribute futurity prizes. The primary goal of these programs is to stimulate and support the horse breeding industry. By doing so, the initiative aims to contribute to the overall growth and development of the equine community. Additionally, the initiative may provide resources and opportunities for breeders, helping them to successfully raise and showcase their horses.
Who is the CEO of Blue Collar Breeders Initiative?
Jeff Switzer is the Director of Blue Collar Breeders Initiative.
What is the revenue of Blue Collar Breeders Initiative?
Blue Collar Breeders Initiative's revenue in 2022 was $243,352.
Who are the executives of Blue Collar Breeders Initiative and what are their salaries?
Here are 9 key members and their salaries:
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Where can I find the form 990 for Blue Collar Breeders Initiative?
Blue Collar Breeders Initiative's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Blue Collar Breeders Initiative
The Blue Collar Breeders Initiative is a nonprofit organization dedicated to promoting horse breeding. They achieve this mission by implementing programs that collect enrollment fees and distribute futurity winnings. By doing so, they aim to encourage and support horse breeding activities, potentially fostering growth within the equine community.
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Impact
October, 2024
The Blue Collar Breeders Initiative has significantly impacted the horse breeding community by promoting and enhancing the breeding of quality horses. By implementing programs that collect enrollment fees, the initiative creates a financial foundation that supports various breeding activities and events. This not only incentivizes breeders to participate but also fosters a competitive environment that elevates the standards of breeding practices.
Through the payout of futurity winnings, the initiative motivates breeders to invest in their horses and pursue excellence. This not only helps to ensure the development of high-caliber equine athletes but also strengthens the community of breeders and enthusiasts. Based in Weatherford, TX, the initiative plays a crucial role in sustaining and growing the horse breeding industry, ultimately contributing to its economic vitality and cultural significance.
This information is meant to be a general summary of Blue Collar Breeders Initiative. 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 2022.
- Investment Income: $1,890
- Program Service Revenue: $241,462
- Gross Receipts: $243,352
Assets and Liabilities:
- Total Assets: $77,856
- Total Liabilities: $0
- Net Assets: $77,856
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ENROLLMENT FEES
Revenue
$240,000
OTHER
Revenue
$1,462
Organization Details
Founding Year
2019
Principal Officer
Jeff Switzer
Main Address
414 DANIEL RD, WEATHERFORD, TX, 76087
NTEE Category
Code: Z99 - Unknown
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