Minnesota Arabian Horse Breeders Inc

Organization Overview

Minnesota Arabian Horse Breeders Inc is located in Northfield, MN. The organization was established in 1985. According to its NTEE Classification (K26) the organization is classified as: Animal Husbandry, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minnesota Arabian Horse Breeders 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, Minnesota Arabian Horse Breeders Inc generated $321.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $256.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROMOTE THE BEAUTY, INTELLIGENCE AND VERSATILITY OF THE ARABIAN BREED. PROVIDE FUNDRAISING OPPORTUNITIES FOR CHARITABLE ORGANIZATIONS. ENHANCE THE MEDALLION STALLION FUTURITY PROGRAM RECOGNITION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FUTURITY SHOW - OFFSPRING OF MEDALLION AND AUCTION STALLIONS ARE ELIGIBLE TO COMPETE AS YEARLINGS IN HALTER CLASSES. PERFORMANCE CLASSES ARE OFFERED FOR THESE HORSES WHEN THEY ARE THREE YEARS OLD OR OLDER. MEDALLION STALLION PROGRAM - OFFSPRING FROM BREEDINGS TO NOMINATED SIRES ARE ELIGIBLE TO COMPETE FOR PRIZE MONEY. PROGRAM ATTRACTS NEW PEOPLE TO THE ARABIAN BREED, AS WELL AS ESTABLISHED BREEDERS FROM A MULTI-STATE AREA.


STALLION SERVICE AUCTION - ANNUALLY, STALLION BREEDING SERVICES ARE SOLD AT AUCTION. RESULTING OFFSPRING ARE ELIGIBLE TO COMPETE FOR PRIZE MONEY. ATTRACTS A LARGE NUMBER OF BREEDERS FROM A MULTI-STATE AREA.


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Board, Officers & Key Employees

Name (title)Compensation
Lori Conway
Vice Preside
$0
Geniene Scherer
Treasurer
$0
Donna Hentges
President/di
$0
Deb Treadwell
Secretary/di
$0
Greg Brown
Director
$0
Beth Proctor
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
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$0
Total Program Service Revenue$292,973
Investment income $28,239
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 $321,212

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