New England Horsemans Council Inc is located in Halifax, MA. The organization was established in 1957. According to its NTEE Classification (D03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Animal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New England Horsemans Council Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, New England Horsemans Council Inc generated $107.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $86.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.5%) per year over the past 4 years. 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
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION'S PRIMARY PURPOSE IS TO ENCOURAGEAND PROMOTE HORSE ACTIVITIES AND JOIN TOGETHERNEW ENGLAND STATES IN A COOPERATIVE INTEREST IN HORSES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Felicia Knowles President | 12 | $0 | |
Peter Mann 1st Vice President | 12 | $0 | |
Shelly Edson Secretary | 6 | $0 | |
Jill Saccocia Treasurer | 12 | $5,000 | |
John Lampropoulos 2nd Vice President | 12 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $500 |
Total Program Service Revenue | $0 |
Membership dues | $40,599 |
Investment income | $3,078 |
Gain or Loss | $1,123 |
Net Income from Gaming & Fundraising | $1,141 |
Other Revenue | $60,810 |
Total Revenue | $107,251 |
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 | $47,000 |
Occupancy, rent, utilities, and maintenance | $1,500 |
Printing, publications, postage, and shipping | $5,194 |
Other expenses | $32,830 |
Total expenses | $86,524 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $263,565 |
Other assets | $0 |
Total assets | $263,565 |
Total liabilities | $2,459 |
Net assets or fund balances | $261,106 |