Massachusetts Horsemens Council Inc is located in Seabrook, NH. The organization was established in 1991. 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. Massachusetts Horsemens Council Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 11/2021, Massachusetts Horsemens Council Inc generated $189.8k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $170.5k during the year ending 11/2021. As we would expect to see with falling revenues, expenses have declined by (3.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
EQUINE EDUCATION AND TO ENCOURAGE AND PROMOTE HORSE ACTIVITIES AND JOIN TOGETHER IN A COOPERATIVE INTEREST IN HORSE ACTIVITIES, ESPECIALLY HORSE SHOWS AND MAKE HIGH SCORE AWARDS TO THE LEADING POINT WINNER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATIONS PRIMARY PURPOSE IS TO ENCOURAGEAND PROMOTE HORSE ACTIVITIES AND EQUIN EDUCATIONAND JOIN TOGETHER IN A COOPERATIVE INTEREST INHORSE SHOWS AND MAKE HIGH SCORE AWARDS TO THE LEADING POINT WINNERS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Felica Knowles Vice President | Officer | 10 | $5,512 |
Paulajean Oneill President | Officer | 8 | $3,000 |
Joseph Lombard Vice President | Officer | 5 | $0 |
Betsy Griffin Treasurer | Officer | 15 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $17,535 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $17,535 |
Total Program Service Revenue | $172,123 |
Investment income | $142 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $189,800 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $170,456 |
Total functional expenses | $170,456 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $208,475 |
Savings and temporary cash investments | $59,896 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $268,371 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $268,371 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $268,371 |
Organization Name | Assets | Revenue |
---|---|---|
National Hbpa Inc North Waltham, MA | $916,038 | $670,286 |
American College Of Laboratory Animal Medcine Chester, NH | $3,309,656 | $850,459 |
Pixels Posse Inc Orrington, ME | $114,306 | $266,618 |
New England Veterinary Medical Association Portland, ME | $490,686 | $236,042 |
Maine Veterinary Medical Association Inc Portland, ME | $492,474 | $210,520 |
Massachusetts Horsemens Council Inc Seabrook, NH | $268,371 | $189,800 |
Plymouth County Beekeepers Association Inc Hanson, MA | $49,823 | $0 |
Nuttall Ornithological Club Inc Winchester, MA | $1,614,002 | $195,838 |
New England Horsemans Council Inc Halifax, MA | $268,441 | $0 |
South Deerfield Cemetery Association South Deerfield, MA | $1,212,123 | $94,114 |
Maine Federation Of Humane Societies Inc West Kennebunk, ME | $203,585 | $0 |
Eastern English Springer Spaniel Club Inc Milton, MA | $40,591 | $0 |