United States Icelandic Horse Congress Inc
- Assets
- $176.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Palmyra, WI
- Founding
- 01/2007
- Data as of
- 12/2022
- EIN
- 20-0383373
Organization Overview
United States Icelandic Horse Congress Inc is located in Palmyra, WI. The organization was established in 2007. 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. United States Icelandic Horse Congress 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 12/2022, United States Icelandic Horse Congress Inc generated $79.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $56.7k during the year ending 12/2022. While expenses have increased by 0.6% per year over the past 8 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
2022
Describe the Organization's Program Activity:
Part 3
TO PROMOTE UNDETRSTANDING OF AND DISEMINATE INFORMATION ABOUT ICELANDIC HORSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Will Covert President | 15 | $0 | |
Lori Cretney Treasurer | 15 | $0 | |
Martin Nielsen Secretary | 15 | $0 | |
Jeffrey Rose Vice President | 15 | $0 | |
Emily Potts Director | 15 | $0 | |
Leslie Chambers Director | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $39,373 |
| Investment income | $59 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $39,982 |
| Total Revenue | $79,414 |
| 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 | $375 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $15,128 |
| Other expenses | $41,163 |
| Total expenses | $56,666 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $176,071 |
| Other assets | $0 |
| Total assets | $176,071 |
| Total liabilities | $29,562 |
| Net assets or fund balances | $146,509 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trinity Equestrian Center Kids Kamp Inc Eau Claire, WI | $520,344 | $2,050,754 |
Fort Madison Rodeo Corporation Fort Madison, IA | $1,926,637 | $1,322,191 |
Stone Valleys Ray Of Hope Mancelona, MI | $67,948 | $816,304 |
Michigan Quarter Horse Assoc Greenville, MI | $499,038 | $780,203 |
We Can Ride Inc Maple Plain, MN | $568,560 | $706,700 |
Iowa Quarter Horse Association Delta, IA | $566,832 | $581,039 |
Special Methods In Learning Equine Skills Inc Darien, WI | $1,040,733 | $483,328 |
Therapeutic Riding Inc Ann Arbor, MI | $2,715,525 | $566,594 |
Spooner Rodeo Committee Inc Spooner, WI | $187,474 | $439,420 |
Three Gaits Inc Stoughton, WI | $350,661 | $372,937 |
Michigan Harness Horsemans Assn Lansing, MI | $1,288,908 | $248,250 |
Heavens Gait Ranch Inc Cedar Grove, WI | $1,589,842 | $1,454,564 |