Maine Horse Association Inc
- Assets
- $239.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Scarborough, ME
- Founding
- 12/1975
- Data as of
- 12/2021
- EIN
- 01-0283659
Organization Overview
Maine Horse Association Inc is located in Scarborough, ME. The organization was established in 1975. According to its NTEE Classification (N69) the organization is classified as: Equestrian, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maine Horse Association Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Maine Horse Association Inc generated $48.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $41.4k during the year ending 12/2021. While expenses have increased by 3.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dollie Hutchins Treasurer To Nov 2021 | 12 | $2,485 | |
Robert Macdonald President | 6 | $0 | |
Cohne Goodwin First Vice President | 1 | $0 | |
Courtney Grant Secretary | 2 | $0 | |
Diane Kane Second Vice President | 1 | $0 | |
Jo-Ellen Grondin Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $37,929 |
| Membership dues | $3,780 |
| Investment income | $1,066 |
| Gain or Loss | $5,149 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $144 |
| Total Revenue | $48,068 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $3,085 |
| Occupancy, rent, utilities, and maintenance | $1,586 |
| Printing, publications, postage, and shipping | $1,552 |
| Other expenses | $35,171 |
| Total expenses | $41,394 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $239,131 |
| Other assets | $0 |
| Total assets | $239,131 |
| Total liabilities | $0 |
| Net assets or fund balances | $239,131 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Upreach Therapeutic Equestrian Center Inc Goffstown, NH | $1,048,472 | $1,009,372 |
Full Circle Farm Therapeutic Horsemanship Newport, NH | $129,445 | $0 |
New Hampshire Quarter Horse Assoc Inc Concord, NH | $13,274 | $0 |
New Hampshire Horse And Mail Assoc Deerfield, NH | $160,372 | $0 |
Maine Horse Association Inc Scarborough, ME | $239,131 | $0 |
The Eastern Draft Horse Association Inc Milan, NH | $30,490 | $0 |
New Hampshire Arabian Horse Association Derry, NH | $29,830 | $0 |