Colorado Horsemens Association
- Assets
- $23.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Loma, CO
- Founding
- 12/1995
- Data as of
- 12/2023
- EIN
- 84-1165769
Organization Overview
Colorado Horsemens Association is located in Loma, CO. The organization was established in 1995. According to its NTEE Classification (N69) the organization is classified as: Equestrian, 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. Colorado Horsemens Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Colorado Horsemens Association generated $94.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (6.9%) each year. All expenses for the organization totaled $127.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.7%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDED INFORMATION CONCERNING THE INDUSTRY AND IT'S IMPORTANCE TO THE STATE AS A WHOLE TO CREATE, FOSTER AND ENCOURAGE A BETTER BUSINESS CLIMATE FOR THE HORSE RACING INDUSTRY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James J Mulvihill Executive Director | 40 | $18,750 | |
Kim Oliver President | 20 | $0 | |
Mark Schultz Vice President | 6 | $0 | |
Lawrence R Terrell Treasurer | 6 | $0 | |
Miguel Pena Board Member | 2 | $0 | |
Howie Chavers Board Member | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $94,695 |
| Membership dues | $0 |
| Investment income | $184 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $94,879 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $20,435 |
| Professional fees and other payments to independent contractors | $69,093 |
| Occupancy, rent, utilities, and maintenance | $564 |
| Printing, publications, postage, and shipping | $80 |
| Other expenses | $36,995 |
| Total expenses | $127,167 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $23,807 |
| Other assets | $0 |
| Total assets | $23,807 |
| Total liabilities | $0 |
| Net assets or fund balances | $23,807 |