Illinois Equine Industry Research And Promotion Board

Organization Overview

Illinois Equine Industry Research And Promotion Board is located in Chatham, IL. The organization was established in 2005. 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. Illinois Equine Industry Research And Promotion Board is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 12/2022, Illinois Equine Industry Research And Promotion Board generated $93.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $80.6k during the year ending 12/2022. While expenses have increased by 0.7% 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.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3

THE PRIMARY PURPOSE OF THE BOARD IS TO DISTRIBUTE GRANT FUNDS FOR EDUCATION, RESEARCH AND PROMOTION OF THE EQUINE INDUSTRY.


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$91,537
Membership dues$0
Investment income $442
Gain or Loss$0
Net Income from Gaming & Fundraising$0
Other Revenue$1,300
Total Revenue$93,279

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