Colorado Thoroughbred Breeders Association

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

EIN: 840716193 ✦ Brighton, CO ✦ Designated as a 501(c)(5)

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Overview

What is Colorado Thoroughbred Breeders Association?

The Colorado Thoroughbred Breeders Association is a small nonprofit organization, boasting around 300 members, situated in Brighton, Colorado. Its primary focus is to promote and support the breeding, raising, and racing of Thoroughbred horses within the state. This dedicated association provides a platform for enthusiasts and professionals in the industry to collaborate and contribute to the growth of Thoroughbred horse culture in Colorado.


Official website here: www.cotba.com

Is Colorado Thoroughbred Breeders Association legitimate?

Colorado Thoroughbred Breeders Association is a legitimate nonprofit organization registered as a 501(c)(5) entity. Colorado Thoroughbred 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:

Executive Compensation: $34,510
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.cotba.com

What is the mission statement of Colorado Thoroughbred Breeders Association?

The Colorado Thoroughbred Breeders Association fosters an environment that encourages its around 300 members to engage in breeding, raising, and racing Thoroughbred horses. The organization's mission is primarily focused on supporting this particular aspect of horse ownership, thereby promoting the growth and development of this breed in Colorado. By doing so, they contribute to the overall horse racing industry, providing a platform for horse enthusiasts and professionals alike.


Official website here: www.cotba.com

Who is the CEO of Colorado Thoroughbred Breeders Association?

Hecky Heckendorf is the President/Board Member of Colorado Thoroughbred Breeders Association.


Official website here: www.cotba.com

What is the revenue of Colorado Thoroughbred Breeders Association?

Colorado Thoroughbred Breeders Association's revenue in 2022 was $92,724.


Official website here: www.cotba.com

Who are the executives of Colorado Thoroughbred Breeders Association and what are their salaries?

The average compensation at Colorado Thoroughbred Breeders Association during 2022 was $34,510. There is 1 employee and 9 volunteers at Colorado Thoroughbred Breeders Association.


Here are 10 key members and their salaries:


Hecky Heckendorf (President/Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robin Ehlers-Smith (Vice President/Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Hillman (Treasurer/Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vance Alfrey (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Weimer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Ring Jr (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cimmaron Gerke (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mason King (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Temple Rushton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tonya Griess (Office Administrator/Secretary)
  • Compensation: $35,510
  • Related: $0
  • Other: $0


Official website here: www.cotba.com

Where can I find the form 990 for Colorado Thoroughbred Breeders Association?

Colorado Thoroughbred Breeders Association's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cotba.com

Learn more at the official website: www.cotba.com

Mission Statement of Colorado Thoroughbred Breeders Association

The Colorado Thoroughbred Breeders Association, comprising approximately 300 members, plays a significant role in promoting the breeding, raising, and racing of Thoroughbred horses. Their mission is to encourage and support the growth of this equine industry within Colorado, fostering a vibrant community of breeders and racers. By doing so, the association seeks to contribute to the overall development and success of Thoroughbred horses in the region.

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Impact




October, 2024

The Colorado Thoroughbred Breeders Association plays a crucial role in promoting the breeding, raising, and racing of Thoroughbred horses in the state. With approximately 300 members, the organization fosters a vibrant community of breeders and enthusiasts who contribute to the local economy and the equine industry. By encouraging best practices and providing education, it helps enhance the quality and reputation of Colorado's Thoroughbred horses. The association also stimulates interest in horse racing, which can attract visitors and generate revenue for local businesses and related sectors. Overall, its efforts support the growth and sustainability of Thoroughbred racing in Colorado, benefiting both the industry and the community at large.




This information is meant to be a general summary of Colorado Thoroughbred 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.

Revenue
$92,724 (2022)
Expenses
$60,005 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $21
  • Program Service Revenue: $82,304
  • Gross Receipts: $92,724

Assets and Liabilities:

  • Total Assets: $126,501
  • Total Liabilities: $17,932
  • Net Assets: $108,569

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Registrations

Revenue

$5,500

Stakes Race

Revenue

$5,813

Breeders Fund

Revenue

$70,991

Organization Details

Founding Year

1997

Principal Officer

Hecky Heckendorf

Main Address

22 South 4th Avenue, Brighton, CO, 80601

NTEE Category

Code: K20 - Food

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