The American Saddlebred Association Of Maine Incorporated
- Assets
- $178.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Springvale, ME
- Founding
- 01/1984
- Data as of
- 12/2021
- EIN
- 01-0376971
Organization Overview
The American Saddlebred Association Of Maine Incorporated is located in Springvale, ME. The organization was established in 1984. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Saddlebred Association Of Maine Incorporated 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, American Saddlebred Association Of Maine Incorporated generated $80.2k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 11.2% each year . All expenses for the organization totaled $55.9k during the year ending 12/2021. While expenses have increased by 9.1% per year over the past 5 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO ENCOURAGE AND PROMOTE INTEREST IN THE AMERICAN SADDELBRED AND HORSEMANSHIP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Regan Grant Secretary | 2 | $0 | |
Peggy Drummey Treasurer | 3 | $0 | |
Rebecca Gagnon Vice President | 1 | $0 | |
Amber Mcallister President | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $61,500 |
| Membership dues | $761 |
| Investment income | $8,529 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $9,365 |
| Total Revenue | $80,155 |
| 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 | $580 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $55,298 |
| Total expenses | $55,878 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $178,844 |
| Other assets | $0 |
| Total assets | $178,844 |
| Total liabilities | $0 |
| Net assets or fund balances | $178,844 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Maine State Chamber Of Commerce Augusta, ME | $923,733 | $2,213,591 |
Dartmouth Regional Technology Center Inc Lebanon, NH | $5,511,627 | $2,160,751 |
New England Apple Council Inc Goffstown, NH | $795,628 | $1,773,754 |
Maine Oil Dealers Association Brunswick, ME | $1,645,866 | $1,757,717 |
University Of Maine Pulp And Paper Foundation Orono, ME | $31,514,138 | $1,541,694 |
Pope Memorial Spca Of Concord Merrimack County Concord, NH | $5,304,139 | $1,435,100 |
New Hampshire Bankers Association Concord, NH | $1,878,135 | $1,082,708 |
Associated Builders And Contractors Inc Concord, NH | $1,404,762 | $1,170,910 |
Maine Automobile Dealers Association Inc Augusta, ME | $2,325,139 | $1,081,224 |
Greater Manchester Chamber Of Commerce Manchester, NH | $764,279 | $1,070,211 |
Hampton Beach Area Chamber Of Commerce Hampton, NH | $686,290 | $1,006,773 |
Greater Concord Chamber Of Commerce Concord, NH | $655,907 | $665,660 |