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Nonprofit · EIN 52-0580070

MARYLAND HORSE BREEDERS ASSOCIATION INC

Tax-exempt · REISTERSTOWN, MD 21136

Financials

$2.2M$2M2023$1.8M$1.9M2024
Revenue Expenses · by fiscal year end
Financials of MARYLAND HORSE BREEDERS ASSOCIATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
March 31, 2025990$1,831,685$1,945,983-$114,298$3,016,388$284,997$2,731,391
March 31, 2024990$2,189,510$1,954,708$234,802$3,090,066$261,005$2,829,061
Financial details: 990 for the year ended March 31, 2025

Revenue

Contributions, gifts and grants
$77,670
of which government grants
$10,000
Membership dues
$67,670
Program service revenue
$1,740,807
Investment income
$37,722
Net rental income
$233
Net income from fundraising events
-$24,747
Other revenue
-$24,514

Expenses

Grants and similar amounts paid
$92,000
Other salaries and wages
$694,941
Salaries, compensation and benefits (total)
$886,660
Professional fundraising fees
$0
Legal fees
$2,781
Accounting fees
$55,700
Occupancy
$79,730
Travel
$9,491
Depreciation
$31,509

Balance sheet and other

Total assets, start of year
$3,090,066
Total assets, end of year
$3,016,388
Total liabilities, end of year
$284,997
Net assets, end of year
$2,731,391
Land, buildings and equipment
$1,099,184
Publicly traded securities
$760,258
Net assets without donor restrictions
$2,731,391
Gross unrelated business income
$311,305
Gross receipts
$1,908,407
Employees
14
Volunteers
17
Year formed
1929
State of legal domicile
MD

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended March 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
CRICKET GOODALLEXECUTIVE DI
Highest-paid employee
50$162,001$33,110
TJ ALBERTDIRECTOR
Trustee or director
1$0$0
CHARLES BLANFORDDIRECTOR
Trustee or director
1$0$0
WILLIAM BONIFACETREASURER
Trustee or director, Officer
2$0$0
BROOKE BOWMANDIRECTOR
Trustee or director
1$0$0
AMY BURKDIRECTOR
Trustee or director
1$0$0
LISA HOFSTETTERDIRECTOR
Trustee or director
1$0$0
MICHAEL HORNINGDIRECTOR
Trustee or director
1$0$0
HENRY CLARK IIIDIRECTOR
Trustee or director
1$0$0
CHARLES C FENWCK JRDIRECTOR
Trustee or director
1$0$0
TK KUEGLERDIRECTOR
Trustee or director
1$0$0
GRACE MERRYMANDIRECTOR
Trustee or director
1$0$0
KENT A MURRAYPRESIDENT
Trustee or director, Officer
5$0$0
JOSEPH PONSVICE-PRESIDE
Trustee or director, Officer
2$0$0
GINA ROBBDIRECTOR
Trustee or director
1$0$0
3 more people on this return
NameTitleHours / weekCompensation
THOMAS ROONEYDIRECTOR
Trustee or director
1$0
PHIL SCHOENTHALDIRECTOR
Trustee or director
1$0
DAVID WADEDIRECTOR
Trustee or director
1$0
990 for the year ended March 31, 2024: 18 people
NameTitleHours / weekCompensationOther / benefits
CRICKET GOODALLEXECUTIVE DI
Highest-paid employee
50$155,315$33,521
GEORGE ADAMSDIRECTOR
Trustee or director
1$0$0
TJ ALBERTDIRECTOR
Trustee or director
–$0$0
WILLIAM BONIFACETREASURER
Trustee or director, Officer
2$0$0
AMY BURKDIRECTOR
Trustee or director
1$0$0
MICHAEL J HARRISONDIRECTOR
Trustee or director
1$0$0
LISA HOFSTETTERDIRECTOR
Trustee or director
1$0$0
CHRISTY HOLDENVICE-PRESIDE
Trustee or director, Officer
2$0$0
TIM HOPKINSDIRECTOR
Trustee or director
–$0$0
HENRY CLARK IIIDIRECTOR
Trustee or director
1$0$0
ANN B JACKSONDIRECTOR
Trustee or director
1$0$0
CHARLES C FENWCK JRDIRECTOR
Trustee or director
1$0$0
TK KUEGLERDIRECTOR
Trustee or director
–$0$0
GRACE MERRYMANDIRECTOR
Trustee or director
1$0$0
KENT A MURRAYPRESIDENT
Trustee or director, Officer
5$0$0
GINA ROBBDIRECTOR
Trustee or director
1$0$0
THOMAS ROONEYDIRECTOR
Trustee or director
1$0$0
ADAIR STIFELDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
321 MAIN ST, REISTERSTOWN, MD 21136-1903
Principal officer (990 for 2024)
CRICKET GOODALL, 321 MAIN STREET, REISTERSTOWN, MD 21136
Signed the 990
CRICKET GOODALL, EXECUTIVE DIRECTOR
Phone
(410) 252-2100
Return prepared by
GEGOREK & COMPANY PA

Mission

TO ENCOURAGE, PROMOTE, PROTECT AND IMPROVE THE HORSE BREEDING INDUSTRY IN MARYLAND. WHILE THE EMPHASIS HAS BEEN PLACED ON THE PRODUCTION OF THOROUGHBRED RACE HORSES, THE MHBA ENCOURAGES ALL SPORTS RELATING TO THE USE OF THE HORSE.

990 for the year ended March 31, 2025

Program accomplishments

  • THE MARYLAND HORSE BREEDERS ASSOCIATION (MHBA) UTILIZES PUBLICATIONS AS A MEANS OF PROMOTING THE HORSE INDUSTRY AND ENCOURAGING HORSE BREEDING AND PARTICIPATION IN HORSE SPORTS. THE MHBA PUBLISHES THE "MID-ATLANTIC THOROUGHBRED", A FOUR-COLOR MONTHLY MAGAZINE THAT COVERS RACING AND BREEDING IN MARYLAND AND THROUGHOUT THE REGION. IN ADDITION, MHBA PUBLISHES AN ANNUAL GUIDE TO THOROUGHBRED FARMS IN MARYLAND AND VARIOUS POSTERS, BROCHURES AND GUIDES THAT EDUCATE THE PUBLIC ABOUT RACING AND BREEDING IN THE STATE OF MARYLAND.
    Expenses $1,327,175
  • MHBA FUNCTIONS AS AN INFORMATION RESOURCE FOR HORSE BREEDERS AND OWNERS, THE MEDIA, COMMUNITY AND GOVERNMENTAL ORGANIZATIONS, AND THE GENERAL PUBLIC. BREEDERS AND OWNERS REGISTER THEIR MARYLAND BRED HORSES WITH THE ASSOCIATION IN ORDER TO QUALIFY FOR SPECIFIC RACES RESTRICTED TO MARYLAND - BREDS.
  • EDUCATIONAL PROGRAMS HELD FOR MEMBERS AND THE GENERAL PUBLIC TO EDUCATE ON TOPICS RELEVANT TO THE HORSE INDUSTRY.
  • THE MARYLAND HORSE BREEDERS ASSOCIATION (MHBA) UTILIZES PUBLICATIONS AS A MEANS OF PROMOTING THE HORSE INDUSTRY AND ENCOURAGING HORSE BREEDING AND PARTICIPATION IN HORSE SPORTS. THE MHBA PUBLISHES THE "MID-ATLANTIC THOROUGHBRED", A FOUR-COLOR MONTHLY MAGAZINE THAT COVERS RACING AND BREEDING IN MARYLAND AND THROUGHOUT THE REGION. IN ADDITION, MHBA PUBLISHES AN ANNUAL GUIDE TO THOROUGHBRED FARMS IN MARYLAND AND VARIOUS POSTERS, BROCHURES AND GUIDES THAT EDUCATE THE PUBLIC ABOUT RACING AND BREEDING IN THE STATE OF MARYLAND.
    Expenses $618,808 · grants $92,000

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in March, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025March 31, 2026August 17, 2026Check at the IRS
2024March 31, 2025August 15, 2025990 on file
2023March 31, 2024August 15, 2024990 on file

IRS record

EIN
52-0580070
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2004
Accounting year ends
March
Files
Form 990 or 990-EZ
Category (NTEE)
Animal-related (D032)
Assets (IRS master file)
$3,160,711
Income (IRS master file)
$2,176,317

Filing history

FormYear endedRevenueExpensesAssetsReturn
990March 2025$1,831,685$1,945,983$3,016,388XML
990March 2024$2,189,510$1,954,708$3,090,066XML
990March 2023$2,173,917$1,900,614$3,276,106IRS
990March 2022$2,240,057$1,800,963$2,965,855IRS
990March 2021–––IRS
990March 2020–––IRS
990March 2019–––IRS
990March 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 52-0580070).

Questions about MARYLAND HORSE BREEDERS ASSOCIATION INC

What is the EIN of MARYLAND HORSE BREEDERS ASSOCIATION INC?
The employer identification number (EIN) of MARYLAND HORSE BREEDERS ASSOCIATION INC is 52-0580070.
Is MARYLAND HORSE BREEDERS ASSOCIATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2004.
Are donations to MARYLAND HORSE BREEDERS ASSOCIATION INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does MARYLAND HORSE BREEDERS ASSOCIATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MARYLAND HORSE BREEDERS ASSOCIATION INC due?
The return for tax year 2026 (the year ending March 31, 2027) is due August 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MARYLAND HORSE BREEDERS ASSOCIATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended March 2025.
Who is the principal officer of MARYLAND HORSE BREEDERS ASSOCIATION INC?
The 990 for the year ended March 31, 2025 names CRICKET GOODALL.
Who are the officers and directors of MARYLAND HORSE BREEDERS ASSOCIATION INC?
The 990 for the year ended March 31, 2025 lists 18 people; 1 received compensation from the organization, the highest $162,001 (CRICKET GOODALL, EXECUTIVE DI).
How much revenue does MARYLAND HORSE BREEDERS ASSOCIATION INC have?
On its 990 for the year ended March 31, 2025 it reported revenue of $1,831,685, expenses of $1,945,983 and total assets of $3,016,388 at year end.

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