New Jersey Professional Horsemens Association
- Assets
- $309.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Red Bank, NJ
- Founding
- 05/2004
- Data as of
- 12/2021
- EIN
- 22-3414409
Organization Overview
New Jersey Professional Horsemens Association is located in Red Bank, NJ. The organization was established in 2004. 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. New Jersey Professional Horsemens Association is a 501(c)(8) and as such, is described as a "Fraternal Beneficiary Society and/or Association" by the IRS.
For the year ending 12/2021, New Jersey Professional Horsemens Association generated $109.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $91.1k during the year ending 12/2021. While expenses have increased by 2.5% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PROVIDED SUPPORT IN VARIOUS AREAS TO PROFESSIONAL HORSEOWNERS. IN 2021 THERE WERE 484 MEMBERS. PROVIDED GENERAL PUBLIC ARESOURCE TO GAIN KNOWLEDGE OF PROFESSIONAL HORSE OWNERSHIP VIA SHOWS & PRINTED MATERIALS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Van Blarcom Financial Officer | 5 | $1,500 | |
Claudine Liberatore Vice Chairman | 5 | $1,125 | |
Adele Murphy Treasurer | 7 | $900 | |
Mikaela Kesselman Chairman | 5 | $500 | |
Yvonne Abel Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,312 |
| Total Program Service Revenue | $87,495 |
| Membership dues | $14,269 |
| Investment income | $370 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $109,446 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $91,085 |
| Total expenses | $91,085 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $309,404 |
| Other assets | $0 |
| Total assets | $309,404 |
| Total liabilities | $0 |
| Net assets or fund balances | $309,404 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pennsylvania Harness Horsemens Association Chester, PA | $47,723,168 | $7,569,633 |
Lphsa Inc Lake Placid, NY | $506,275 | $2,224,218 |
Western New York Harness Horsemens Association Inc Batavia, NY | $1,628,703 | $1,541,793 |
Pennsylvania Horse Breeders Association Inc Kennett Square, PA | $833,317 | $1,478,049 |
Pegasus Therapeutic Riding Inc Brewster, NY | $5,410,456 | $1,539,175 |
Thorncroft Equestrian Center Malvern, PA | $14,841,730 | $1,605,648 |
Mashomack Polo Inc Millbrook, NY | $269,274 | $915,466 |
Topping Riding Club Inc Sagaponack, NY | $241,008 | $858,831 |
Princeton Show Jumping Charities Inc Princeton, NJ | $282,300 | $983,157 |
Metropolitan Equestrian Team Inc New York, NY | $407,022 | $589,678 |
Dressage At Devon Downingtown, PA | $164,087 | $746,882 |
Plantation Field Equestrian Events Inc Unionville, PA | $211,293 | $521,664 |