Tennessee Walking Horse Breeders & Exhibitors Association
- Assets
- $1.8m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 10
- Location
- Lewisburg, TN
- Founding
- 02/1956
- Data as of
- 11/2020
- EIN
- 62-0382328
Organization Overview
Tennessee Walking Horse Breeders & Exhibitors Association is located in Lewisburg, TN. The organization was established in 1956. According to its NTEE Classification (K26) the organization is classified as: Animal Husbandry, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 11/2020, Tennessee Walking Horse Breeders & Exhibitors Association employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tennessee Walking Horse Breeders & Exhibitors 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 11/2020, Tennessee Walking Horse Breeders & Exhibitors Association generated $1.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $1.3m during the year ending 11/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
REGISTRATION AND PROMOTION OF TENNESSEE WALKING HORSES
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALL OTHER PROGRAMS - INCLUDES GENERAL PROMOTION AND ADVERTISING, HORSE SHOWS, HORSE SHOW DEVELOPMENT, ETC.
REGISTRATION AND MEMBERSHIP - REGISTRATIONS, TRANSFERS, NAME CHANGES, BLOOD TYPE, ETC. OF THE TENNESSEE WALKING HORSE
VOICE MAGAZINE - A MAGAZINE CREATED TO PROMOTE THE TENNESSEE WALKING HORSE BY BEING THE VOICE OF THE MEMBERS OF TWHBEA.
ALL OTHER PROGRAMS - INCLUDES GENERAL PROMOTION AND ADVERTISING, HORSE SHOWS, HORSE SHOW DEVELOPMENT, ETC.
REGISTRATION AND MEMBERSHIP - REGISTRATIONS, TRANSFERS, NAME CHANGES, BLOOD TYPE, ETC. OF THE TENNESSEE WALKING HORSE
VOICE MAGAZINE - A MAGAZINE CREATED TO PROMOTE THE TENNESSEE WALKING HORSE BY BEING THE VOICE OF THE MEMBERS OF TWHBEA.
ALL OTHER PROGRAMS - INCLUDES GENERAL PROMOTION AND ADVERTISING, HORSE SHOWS, HORSE SHOW DEVELOPMENT, ETC.
REGISTRATION AND MEMBERSHIP - REGISTRATIONS, TRANSFERS, NAME CHANGES, BLOOD TYPE, ETC. OF THE TENNESSEE WALKING HORSE
VOICE MAGAZINE - A MAGAZINE CREATED TO PROMOTE THE TENNESSEE WALKING HORSE BY BEING THE VOICE OF THE MEMBERS OF TWHBEA.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rory Williams Executive Di | Officer | 40 | $75,717 |
Walt Chism Registar/sec | Officer | 28 | $49,886 |
Ann King Director | Trustee | 2.5 | $0 |
Ronnie Vincent Director | Trustee | $0 | |
Cynthia Endres Director | Trustee | $0 | |
Darden Gladney Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $55,905 |
| Investment income | $5,346 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $15,036 |
| 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 | $6,287 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,391,959 |
| Statement of Expenses | |
|---|---|
| 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 to disqualified persons | $0 |
| Other salaries and wages | $421,337 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $26,940 |
| Payroll taxes | $32,558 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,606 |
| Fees for services: Accounting | $7,740 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $56,757 |
| Advertising and promotion | $42,095 |
| Office expenses | $52,819 |
| Information technology | $30,992 |
| Royalties | $0 |
| Occupancy | $94,273 |
| Travel | $11,774 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,896 |
| Interest | $4,249 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $83,322 |
| Insurance | $28,038 |
| All other expenses | $0 |
| Total functional expenses | $1,293,076 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $503,203 |
| Savings and temporary cash investments | $150,000 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $64,646 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $12,103 |
| Prepaid expenses and deferred charges | $16,888 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $148,463 |
| Other assets | $0 |
| Total assets | $1,795,038 |
| Accounts payable and accrued expenses | $44,708 |
| 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 | $196,732 |
| Other liabilities | $367,135 |
| Total liabilities | $608,575 |
| 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 |
| Total liabilities and net assets/fund balances | $1,186,463 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Claxton Poultry Farms Trust Claxton, GA | $1,415,506 | $8,695,488 |
Alabama Cattlemens Association Montgomery, AL | $5,378,419 | $2,850,910 |
Missouri Cattlemens Association Columbia, MO | $888,899 | $1,504,434 |
Tennessee Walking Horse Breeders & Exhibitors Association Lewisburg, TN | $1,795,038 | $1,391,959 |
Georgia Cattlemens Association Inc Macon, GA | $1,277,076 | $1,308,478 |
The Livestock Conservancy Inc Pittsboro, NC | $1,135,488 | $1,337,079 |
North Carolina Cattlemens Assn Inc FuquayVarina, NC | $739,833 | $875,134 |
American Maine Anjou Association Platte City, MO | $1,022,429 | $1,043,766 |
Virginia Beef Cattle Improvement Assn Blacksburg, VA | $188,516 | $780,596 |
Arkansas Cattlemens Association Little Rock, AR | $206,233 | $787,756 |
Tennessee Cattlemens Association Murfreesboro, TN | $1,366,983 | $701,337 |
Mississippi Poultry Association Inc Pearl, MS | $623,322 | $611,729 |