Washington Thoroughbred Breeders

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

EIN: 910496694 ✦ Auburn, WA ✦ Designated as a 501(c)(5)

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Overview

What is Washington Thoroughbred Breeders?

Washington Thoroughbred Breeders is a nonprofit organization situated in Auburn, Washington, with a workforce of 31 individuals. Their primary mission is to create an open marketplace where member breeders can sell their thoroughbred horses for racing. By facilitating this venue, they aim to enhance the breeding practices for thoroughbred race horses in the region.


Official website here: www.washingtonthoroughbred.com

Is Washington Thoroughbred Breeders legitimate?

Washington Thoroughbred Breeders is a legitimate nonprofit organization registered as a 501(c)(5) entity. Washington Thoroughbred Breeders 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: $122,805
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.washingtonthoroughbred.com

What is the mission statement of Washington Thoroughbred Breeders?

The Washington Thoroughbred Breeders organization is dedicated to enhancing the practices involved in the breeding of Thoroughbred race horses. Their mission is to facilitate improvements in this field. By providing a platform for member breeders to sell their products in a free market at auction, they contribute significantly to the industry. The organization's efforts focus on the betterment of Thoroughbred breeding for racing purposes.


Official website here: www.washingtonthoroughbred.com

Who is the CEO of Washington Thoroughbred Breeders?

Dana Halvorson is the President of Washington Thoroughbred Breeders.


Official website here: www.washingtonthoroughbred.com

What is the revenue of Washington Thoroughbred Breeders?

Washington Thoroughbred Breeders's revenue in 2022 was $280,812.


Official website here: www.washingtonthoroughbred.com

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

The average compensation at Washington Thoroughbred Breeders during 2022 was $3,961. There are 31 employees and 5 volunteers at Washington Thoroughbred Breeders.


Here are 7 key members and their salaries:


Dana Halvorson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Lou Griffin (1St Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Henry Leong (2Nd Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Webber (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debra Pabst (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melodie Bultena (Chairman Finance Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Sweet (General Manager)
  • Compensation: $62,176
  • Related: $0
  • Other: $0


Official website here: www.washingtonthoroughbred.com

Where can I find the form 990 for Washington Thoroughbred Breeders?

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


Official website here: www.washingtonthoroughbred.com

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

Mission Statement of Washington Thoroughbred Breeders

Washington Thoroughbred Breeders, a notable organization, is dedicated to enhancing the practices involved in breeding Thoroughbred race horses. Their mission is geared towards fostering improvement in this area. By bringing together member breeders, the organization offers a platform for them to showcase and sell their products in a free market setting, most often through auctions. This not only benefits the breeders but also contributes to the overall development of the Thoroughbred racing industry.

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Impact




October, 2024

Washington Thoroughbred Breeders plays a crucial role in enhancing the thoroughbred racing industry by improving breeding practices among its members. By providing a platform for breeders to showcase and sell their horses at auction, it fosters a competitive marketplace that encourages quality and innovation in horse breeding. The organization's efforts ensure that breeders have access to valuable resources and information, ultimately contributing to the betterment of the thoroughbred horse population. This continuous focus on quality breeding helps strengthen the racing industry in Washington, making it more vibrant and sustainable. Through their initiatives, they not only promote the welfare of the horses but also support the economic vitality of the region.




This information is meant to be a general summary of Washington Thoroughbred Breeders. 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
$280,812 (2022)
Expenses
$349,816 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $202,243
  • Gross Receipts: $280,812

Assets and Liabilities:

  • Total Assets: $354,218
  • Total Liabilities: $205,039
  • Net Assets: $149,179

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Programs

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

ADVERTISING

Revenue

$42,630

SPONSORSHIP

Revenue

$8,675

SALES

Revenue

$142,408

NWRS ADMINISTRATIVE FEE

Revenue

$4,650

MISCELLANEOUS

Revenue

$30

Organization Details

Founding Year

1941

Principal Officer

Dana Halvorson

Main Address

3220 RON CROCKETT DR NW, AUBURN, WA, 98001

NTEE Category

Code: D60 - Animals

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