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Velva Saddle Club

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

EIN: 833306235 ✦ Velva, ND ✦ Designated as a 501(c)(3)

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Overview

What is Velva Saddle Club?

Velva Saddle Club is a nonprofit organization that hosts high school-level rodeos, attracting around 175 young participants. The events include roping, barrel racing, goat tying, and bull riding, all of which contribute to the participants' season trophies and standings, as they are overseen by an external regulatory body. Beyond the competitive aspect, the club serves as an educational platform, fostering an appreciation for western culture among the youth involved.

Is Velva Saddle Club legitimate?

Velva Saddle Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Velva Saddle Club 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 Velva Saddle Club?

The Velva Saddle Club focuses on promoting education among high school-aged individuals in the realm of western culture. This is achieved through organizing rodeo events such as roping, barrel racing, goat tying, and bull riding. The club adheres to the regulations set by an external agency to ensure the participants can earn points towards season trophies and standings. The primary objective of the Velva Saddle Club is to provide a platform for these youth to engage in these traditional activities, thereby fostering a connection with their western heritage.

Who is the CEO of Velva Saddle Club?

Jamie Guttormson is the President of Velva Saddle Club.

What is the revenue of Velva Saddle Club?

Velva Saddle Club's revenue in 2021 was $33,299.

Who are the executives of Velva Saddle Club and what are their salaries?


Here are 6 key members and their salaries:


Jamie Guttormson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erik Chadwick (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Fritzgerald (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gretta Holt (Treas)
  • Compensation: $0
  • Related: $0
  • Other: $0
Casey Kvamme (Sec)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Duchscherer (Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Velva Saddle Club?

Velva Saddle Club's most recent form 990EZ was submitted in 2021 and can be accessed here.

Mission Statement of Velva Saddle Club

The Velva Saddle Club is dedicated to educating High School-aged youth in the rich traditions of western culture. The club achieves this mission through the organization of a High School Rodeo, which attracts approximately 175 young participants. The rodeo encompasses various events such as roping, barrel racing, goat tying, and bull riding. Participants in these events have the opportunity to earn points towards season trophies and standings, as the High School Rodeo is regulated by an external agency. Adherence to the specifications set by this agency is essential for the competition's fairness and the recognition of the participants' achievements. The Velva Saddle Club's mission extends beyond the competition itself, providing an educational platform for young people to engage with and preserve the values and customs inherent in western culture.

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Impact




August, 2024

The Velva Saddle Club provides approximately 175 youth with the opportunity to participate in a High School-aged Rodeo, engaging in events such as roping, barrel racing, goat tying, and bull riding. By hosting these events, the club not only promotes the development of youth in the western culture but also contributes to the education and skill-building of young participants. The club's adherence to the regulations set by the outside agency ensures that participants can earn points for season trophies and standings, further motivating and rewarding their efforts in these activities. Through its dedicated focus on youth development in the realm of western sports and culture, the Velva Saddle Club plays a significant role in shaping the experiences and growth of the youth involved.




This information is meant to be a general summary of Velva Saddle Club. 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
$33,299 (2021)
Expenses
$49,255 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Gross Receipts: $33,299

Assets and Liabilities:

  • Total Assets: $17,504
  • Total Liabilities: $25,331
  • Net Assets: -$7,827

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Organization Details

Principal Officer

Jamie Guttormson

Main Address

PO BOX 93, Velva, ND, 58790

NTEE Category

Code: O52 - Youth development

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