Virginia Thoroughbred Association

Organization Overview

Virginia Thoroughbred Association is located in Charlottesville, VA. The organization was established in 1999. 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. Virginia Thoroughbred Association is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.

For the year ending 12/2023, Virginia Thoroughbred Association generated $485.8k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $522.2k during the year ending 12/2023. While expenses have increased by 5.3% per year over the past 9 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 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE THE THOROUGHBRED HORSE INDUSTRY IN VIRGINIA AND ACT AS ADVOCATE FOR INDUSTRY AND COMMONWEALTH AGRI-BUSINESS AND THOROUGHBRED HORSE INDUSTRY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

VTA ADMINISTERS THE VIRGINIA BREEDERS FUND VIA A CONTRACT WITH THE VIRGINIA RACING COMMISSION. PURSUANT TO THE CONTRACT, MEMBERSHIP IN VTA IS NOT REQUIRED TO PARTICIPATE IN THE BREEDERS FUND. THE BREEDERS FUND PROMOTES THE INTEREST OF THOROUGHBRED BREEDERS AND OWNERS THROUGH ANNUAL AWARDS AND PROMOTIONS.


VTA CONDUCTS ANNUAL MEETINGS, SEMINARS, AND AWARD LUNCHEONS THAT RECOGNIZE ACHIEVEMENTS OF ITS MEMBERS AND THOROUGHBRED HORSES AND THEIR BREEDERS AND OWNERS. SEMINARS ARE HELD TO KEEP MEMBERS ABREAST OF DEVELOPMENT IN BREEDING AND THOROUGHBRED HORSE CARE AND KEEP MEMBERS INFORMED OF RECENT DEVELOPMENTS WITHIN THE HORSE INDUSTRY.


VTA PUBLISHED ONLINE BLOGS AND INFORMATION VIA ITS WEBSITE DESIGNED TO EDUCATE AND INFORM MEMBERS OF SIGNIFICANT MATTERS AFFECTING THE THOROUGHBRED HORSE INDUSTRY IN VIRGINIA. ARTICLES AND INFORMATION ARE DESIGNED TO RAISE PROFESSIONALISM AMONG VTA MEMBERS AND RECOGNIZE AND ENCOURAGE DEVELOPMENT IN THOROUGHBRED HORSE INDUSTRY AND BREEDING.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Amy Moore
President
$0
Turner Kobayashi
Vice Preside
$0
Sara Miller
Treasurer
$0
Susan Cooney
Past Preside
$0
Christine Applegate
Director
$0
Wayne Chatfield-Taylor
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$410,302
Investment income $16,398
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $41,088
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $485,794

Peer Organizations

Organization NameAssets
The Livestock Conservancy Inc
Pittsboro, NC
$1,029,639
North Carolina Cattlemens Assn Inc
FuquayVarina, NC
$958,403
Tennessee Cattlemens Association
Murfreesboro, TN
$779,834
Virginia Beef Cattle Improvement Assn
Blacksburg, VA
$800,354
Maryland Sheep Breeders Assoc Inc
Finksburg, MD
$771,871
Virginia Cattlemens Association
Daleville, VA
$558,921
Virginia Thoroughbred Association
Charlottesville, VA
$485,794
Planet Bee Foundation
Arlington, VA
$583,273
North Carolina Horse Council
Raleigh, NC
$353,786
Maryland 4-H Club Foundation Inc
Clarksville, MD
$462,394
Hart County Cattlemans Association Inc
Munfordville, KY
$409,879
North Carolina Poultry Federation Inc
Raleigh, NC
$486,542
Virginia State Dairymens Assoc
Bridgewater, VA
$501,360
Virginia Poultry Federation Inc
Harrisonburg, VA
$391,440
Harrison County Beef Cattle Association Inc
Cynthiana, KY
$337,040
Tennessee Egg And Poultry Association
Shelbyville, TN
$370,873
North Carolina State Beekeepers Association
Hurdle Mills, NC
$269,963
Tennessee Walking Horse Breeders & Exhibitors Association
Lewisburg, TN
$125,690
Buckingham Cattlemens Association Incorporated
Buckingham, VA
$214,948
American Dexter Cattle Association
Tellico Plains, TN
$193,055
Virginia Pork Council Inc
Smithfield, VA
$251,928
Woodland Farm Foundation Inc
Russell Springs, KY
$20,125,454
Kentucky Sheep And Goat Development Office
Frankfort, KY
$0
Abingdon Feeder Cattle Association
Abingdon, VA
$0
Edmonson Co Cattlemen Association
Brownsville, KY
$0

Create an account to unlock the data you need.

or