Illinois Quarter Horse Association Inc is located in Auburn, IL. The organization was established in 1954. 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. Illinois Quarter Horse Association Inc is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2021, Illinois Quarter Horse Association Inc generated $32.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (15.2%) each year. All expenses for the organization totaled $45.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (11.3%) per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
TO PROMOTE THE AMERICAN QUARTER HORSE INDUSTRY IN ILLINOIS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Karen Boxell Director | 1 | $0 | |
Stephanie Speiser Director | 1 | $0 | |
Dianne Eppers Treasurer | 1 | $0 | |
Kat Zelnio Regional VP | 1 | $0 | |
John Boxell Past Preside | 1 | $0 | |
Jake Lane Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $7,056 |
Investment income | $1,809 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $23,798 |
Other Revenue | $0 |
Total Revenue | $32,663 |
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 | $7,900 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $1,691 |
Other expenses | $35,478 |
Total expenses | $45,069 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $328,146 |
Other assets | $0 |
Total assets | $328,146 |
Total liabilities | $48,702 |
Net assets or fund balances | $279,444 |
Organization Name | Assets | Revenue |
---|---|---|
United States Dressage Federation Inc Lexington, KY | $12,280,287 | $5,729,896 |
National Horse Show Association Of America Ltd Lexington, KY | $1,577,659 | $2,858,029 |
Trinity Equestrian Center Kids Kamp Inc Eau Claire, WI | $520,344 | $2,050,754 |
Kentucky Horse Park Foundation Inc Lexington, KY | $11,891,530 | $2,119,028 |
Equestrian Events Inc Lexington, KY | $1,466,435 | $412,033 |
Kentucky Horsemans Benevolent And Protective Association Inc Louisville, KY | $2,025,353 | $1,522,291 |
Fort Madison Rodeo Corporation Fort Madison, IA | $1,926,637 | $1,322,191 |
United Professional Horsemens Foundation Lexington, KY | $2,711,001 | $1,019,249 |
Friesian Horse Association Of Kentucky Lexington, KY | $441,903 | $699,517 |
Usa Equestrian Trust Inc Lexington, KY | $5,462,054 | $322,842 |
The Missouri Quarter Horse Assn Cape Girardeau, MO | $199,114 | $484,150 |
Iowa Quarter Horse Association Delta, IA | $566,832 | $581,039 |