Texas Quarter Horse Association

Organization Overview

Texas Quarter Horse Association is located in Elgin, TX. The organization was established in 1984. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2021, Texas Quarter Horse Association employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas Quarter Horse 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 12/2021, Texas Quarter Horse Association generated $4.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.7% each year . All expenses for the organization totaled $4.5m during the year ending 12/2021. While expenses have increased by 26.8% per year over the past 7 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

IMPROVE QUARTER HOURSE BREED

Describe the Organization's Program Activity:

Part 3 - Line 4a

ESTABLISH AND MAINTAIN PROGRAMS FOR YOUTH, AMATEUR, AND PROFESSIONAL EXHIBITORS IN ORDER TO PROMOTE AND IMPROVE QUARTER HORSE BREEDING AND RACING IN TEXAS.


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Board, Officers & Key Employees

Name (title)Compensation
Robert Werstler
Executive Director
$93,301
Bill Melson
President
$0
Michelle Tidwell
1st Vice President
$0
Jorge Haddad
2nd Vice President
$0
Pete Scarmardo
Secretary/treasurer
$0
Dr Mark Rigby
Parliamentarian
$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$4,798,598
Investment income $54,753
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$7,001
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,846,350

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