Mackinac Horsemens Associations
- Assets
- $309.8k
- Revenue
- $136.7k
- Investments
- $0.0
- Employees
- 5
- Location
- Mackinac Island, MI
- Founding
- 01/2007
- Data as of
- 12/2022
- EIN
- 32-0132900
Organization Overview
Mackinac Horsemens Associations is located in Mackinac Island, MI. The organization was established in 2007. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 12/2022, Mackinac Horsemens Associations employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mackinac Horsemens Associations is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Mackinac Horsemens Associations generated $136.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $166.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by 0.0% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTION, EDUCATION, AND FUTURE OF HORSES AND HORSEMEN ON MACKINAC ISLAND.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION OF THE GENERAL PUBLIC ON HORSE SAFETY AND PROPER HORSEMANSHIP. ACCESS TO THE HORSES IS PROVIDED VIA A LEASE PROGRAM. THERE ARE CURRENTLY 89 MEMBERS. THE ASSOCIATION GAVE APPROX. 34 MEMBER LESSONS, 232 GENERAL LESSONS AND APPROXIMATELY 78 4-H LESSONS OVER THE SUMMER OF 2022. THE ASSOCIATION ALSO PROVIDED APPROXIMATELY 75 NIGHTS OF BOARDING FOR HORSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven Rilenge President | OfficerTrustee | 2 | $0 |
Tim Shea Vice President | OfficerTrustee | 2 | $0 |
John Gully Treasurer | OfficerTrustee | 2 | $0 |
James Groat Director | Trustee | 2 | $0 |
Judy Bishop Director | Trustee | 2 | $0 |
Bob Clogg Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $21,387 |
| Fundraising events | $14,648 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $85,806 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $121,841 |
| Total Program Service Revenue | $14,262 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $592 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $136,695 |
| 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 | $39,772 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,982 |
| 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 | $7,439 |
| Advertising and promotion | $2,868 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,249 |
| Travel | $1,774 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,894 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $28,672 |
| Insurance | $10,261 |
| All other expenses | $4,339 |
| Total functional expenses | $166,324 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $29,421 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,220 |
| 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 | $268,571 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,597 |
| Total assets | $309,809 |
| Accounts payable and accrued expenses | $18,029 |
| 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 | $18,029 |
| Net assets without donor restrictions | $0 |
| 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 | $291,780 |
| Total liabilities and net assets/fund balances | $309,809 |