League Of Maryland Horsemen Inc
- Assets
- $236.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Woodstock, MD
- Founding
- 03/2011
- Data as of
- 12/2023
- EIN
- 52-6047314
Organization Overview
League Of Maryland Horsemen Inc is located in Woodstock, MD. The organization was established in 2011. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, 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. League Of Maryland Horsemen Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, League Of Maryland Horsemen Inc generated $122.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $108.0k during the year ending 12/2023. While expenses have increased by 3.7% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cynthia Marson Treasurer | 10.77 | $0 | |
Mel Humphrey 1st Vice President | 4.81 | $0 | |
Cheryl Warren President | 13.46 | $0 | |
Nancy Neff Secretary | 2.88 | $0 | |
Maureen Boskin Director | 2.1 | $0 | |
Don Brady Director | 1.81 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $92,429 |
| Membership dues | $30,705 |
| Investment income | $13 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$724 |
| Other Revenue | $450 |
| Total Revenue | $122,873 |
| 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 | $4,634 |
| Occupancy, rent, utilities, and maintenance | $26,208 |
| Printing, publications, postage, and shipping | $238 |
| Other expenses | $76,905 |
| Total expenses | $107,985 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $142,342 |
| Other assets | $0 |
| Total assets | $236,031 |
| Total liabilities | $0 |
| Net assets or fund balances | $236,031 |