Nonprofit · EIN 52-1388640
VIRGINIA HORSE CENTER FOUNDATION
Tax-exempt · LEXINGTON, VA 24450
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $8,106,823 | $6,920,403 | $1,186,420 | $23,011,986 | $9,821,599 | $13,190,387 |
| June 30, 2024 | 990 | $7,359,210 | $6,629,622 | $729,588 | $22,513,336 | $10,509,369 | $12,003,967 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $3,405,205
- of which government grants
- $1,196,723
- Program service revenue
- $4,258,767
- Investment income
- $12,420
- Net income from sales of inventory
- $405,759
- Other revenue
- $430,431
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $115,251
- Other salaries and wages
- $1,367,317
- Salaries, compensation and benefits (total)
- $1,653,381
- Professional fundraising fees
- $0
- Legal fees
- $1,640
- Accounting fees
- $23,000
- Occupancy
- $300,396
- Travel
- $378,922
- Depreciation
- $926,338
- Program services (functional)
- $5,260,123
- Management and general (functional)
- $1,359,808
- Fundraising (functional)
- $300,472
Balance sheet and other
- Total assets, start of year
- $22,513,336
- Total assets, end of year
- $23,011,986
- Total liabilities, end of year
- $9,821,599
- Net assets, end of year
- $13,190,387
- Land, buildings and equipment
- $19,502,145
- Net assets without donor restrictions
- $11,406,189
- Net assets with donor restrictions
- $1,784,198
- Gross receipts
- $8,535,083
- Employees
- 53
- Volunteers
- 260
- Year formed
- 1984
- State of legal domicile
- VA
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CINDA AYERS | EMPLOYEE Highest-paid employee | 40 | $135,108 | $6,711 |
| STEPHEN SHANK | CHIEF EXECUTIVE OFFICER Officer | 40 | $115,251 | $3,718 |
| BONNIE KEENE | EMPLOYEE Highest-paid employee | 40 | $103,954 | $3,945 |
| JUDY MILLER | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| ALAN LOHMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROXANNE BOOTH | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| CHRISTOPHER WYNNE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GARDNER L BLOEMERS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| REBECCA POLAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| WILLIAM C HEIZER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ELIZABETH MASON HORSLEY | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| KENNETH WHEELER JR | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| BRIAN ROSS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JUDITH HEISLEY BISHOP | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BROOKS CUSHMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
5 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GEORGE WILLIAMS | DIRECTOR Trustee or director | 1 | $0 |
| DAVID LANDS | DIRECTOR Trustee or director | 1 | $0 |
| CHRISTINA RUSSILLO | DIRECTOR Trustee or director | 1 | $0 |
| DUDLEY MACFARLANE | DIRECTOR Trustee or director | 1 | $0 |
| OWEN WEAVER | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 19 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GLENN T PETTY | FORMER CHIEF EXECUTIVE OFFICER Officer | 40 | $131,250 |
| STEPHEN SHANK | CHIEF EXECUTIVE OFFICER Officer | 40 | $24,538 |
| JUDY MILLER | TREASURER Trustee or director, Officer | 2 | $0 |
| ALAN LOHMAN | DIRECTOR Trustee or director | 1 | $0 |
| ROXANNE BOOTH | PRESIDENT Trustee or director, Officer | 2 | $0 |
| CHRISTOPHER WYNNE | DIRECTOR Trustee or director | 1 | $0 |
| GARDNER L BLOEMERS | DIRECTOR Trustee or director | 1 | $0 |
| REBECCA POLAN | DIRECTOR Trustee or director | 1 | $0 |
| WILLIAM C HEIZER | DIRECTOR Trustee or director | 1 | $0 |
| ELIZABETH MASON HORSLEY | SECRETARY Trustee or director, Officer | 1 | $0 |
| KENNETH WHEELER JR | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| BRIAN ROSS | DIRECTOR Trustee or director | 1 | $0 |
| JUDITH HEISLEY BISHOP | DIRECTOR Trustee or director | 1 | $0 |
| BROOKS CUSHMAN | DIRECTOR Trustee or director | 1 | $0 |
| GEORGE WILLIAMS | DIRECTOR Trustee or director | 1 | $0 |
| DAVID LANDS | DIRECTOR Trustee or director | 1 | $0 |
| CHRISTINA RUSSILLO | DIRECTOR Trustee or director | 1 | $0 |
| DUDLEY MACFARLANE | DIRECTOR Trustee or director | 1 | $0 |
| OWEN WEAVER | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 487 MAURY RIVER RD, LEXINGTON, VA 24450-3374
- In care of
- % JOHN NICHOLSON
- Principal officer (990 for 2024)
- STEPHEN SHANK, 487 MAURY RIVER ROAD, LEXINGTON, VA 24450
- Signed the 990
- STEPHEN SHANK, CHIEF EXECUTIVE OFFICER
- Phone
- (540) 464-2950
- Website
- VAHORSECENTER.ORG
- Return prepared by
- RAETZ & HAWKINS PC CPAS
Mission
WORLD CLASS FACILITY HOSTING REGIONAL, NATIONAL & INTERNATIONAL EQUESTRIAN EVENTS THAT ENVISIONS A UNIQUE, BUCOLIC LANDMARK TO HONOR AND CELEBRATE THE TIMELESS, SPECIAL BOND BETWEEN MANKIND AND THE HORSE THROUGH SAFE, FAIR, AND SPIRITED EQUESTRIAN COMPETITION.
Program accomplishments
- HORSE SHOWS, CLINICS AND OTHER EVENTS FOR HUNTER/JUMPERS, ARABIANS, THOROUGHBREDS AND OTHER BREEDS AND DISCIPLINES. THE SHOWS ARE RECOGNIZED BY MANY NATIONAL EQUINE GROUPS, INCLUDING THE UNITED STATES EQUESTRIAN FEDERATION, AND SERVE COMPETITORS FROM A LARGE GEOGRAPHICAL AREA. FACILITY AND SHOW OPERATIONS--THE VIRGINIA HORSE CENTER IS A 573 ACRE STATE OF THE ART ENVIRONMENT FOR HORSE SHOWS AND OTHER EVENTS. THERE ARE CURRENTLY EIGHT BARNS TO ACCOMODATE 750 HORSES IN PERMANENT STABLING. APPROXIMATELY 1200 HORSES CAN BE ACCOMODATED IN PERMANENT AND TEMPORARY STABLING. THEIR PROXIMITY TO A 4,000 SEAT INDOOR COLISEUM ALLOWS THE EVENT CALENDAR TO EXTEND THROUGHOUT THE YEAR. THE CENTER HAS TWO LARGE ARENAS, ONE OF WHICH IS OLYMPIC LEVEL AND TWO CROSS-COUNTRY COURSES, INCLUDING FEI (INTERNATIONAL) LEVEL COURSES.Expenses $5,260,123 · revenue $4,689,198
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 52-1388640
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1985
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N69I)
- Assets (IRS master file)
- $23,011,986
- Income (IRS master file)
- $8,535,083
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $8,106,823 | $6,920,403 | $23,011,986 | XML |
| 990 | June 2024 | $7,359,210 | $6,629,622 | $22,513,336 | XML |
| 990 | June 2023 | $7,159,672 | $6,523,306 | $22,132,207 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 52-1388640).
Questions about VIRGINIA HORSE CENTER FOUNDATION
- What is the EIN of VIRGINIA HORSE CENTER FOUNDATION?
- The employer identification number (EIN) of VIRGINIA HORSE CENTER FOUNDATION is 52-1388640.
- Is VIRGINIA HORSE CENTER FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1985.
- Are donations to VIRGINIA HORSE CENTER FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VIRGINIA HORSE CENTER FOUNDATION 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 VIRGINIA HORSE CENTER FOUNDATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did VIRGINIA HORSE CENTER FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of VIRGINIA HORSE CENTER FOUNDATION?
- The 990 for the year ended June 30, 2025 names STEPHEN SHANK.
- Who are the officers and directors of VIRGINIA HORSE CENTER FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 20 people; 3 received compensation from the organization, the highest $135,108 (CINDA AYERS, EMPLOYEE).
- How much revenue does VIRGINIA HORSE CENTER FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $8,106,823, expenses of $6,920,403 and total assets of $23,011,986 at year end.
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