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Nonprofit · EIN 56-1236676

NORTH CAROLINA QUARTER HORSE ASSOCIATION

Tax-exempt · MOORESVILLE, NC 28115

Financials

$213K$208K2023$235K$238K2024
Revenue Expenses · by fiscal year end
Financials of NORTH CAROLINA QUARTER HORSE ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$234,848$237,949-$3,101$275,983$4,360$271,623
December 31, 2023990$213,306$208,020$5,286$284,558$9,834$274,724
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$7,420
Membership dues
$7,420
Program service revenue
$227,407
Investment income
$21
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$9,900
Salaries, compensation and benefits (total)
$9,900
Professional fundraising fees
$0
Accounting fees
$2,500
Occupancy
$1,332
Depreciation
$2,278
Program services (functional)
$205,055
Management and general (functional)
$32,894

Balance sheet and other

Total assets, start of year
$284,558
Total assets, end of year
$275,983
Total liabilities, end of year
$4,360
Net assets, end of year
$271,623
Land, buildings and equipment
$596
Gross receipts
$234,848
Employees
0
Volunteers
31
Year formed
1963
State of legal domicile
NC

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Lynn BodineTreasurer
Trustee or director, Officer
10$5,400
Shirley LombardoSecretary/Director
Trustee or director, Officer
10$3,300
Pat BentonDirector
Trustee or director
2$1,200
Shane YoungPresident
Trustee or director, Officer
5$0
Randy RatliffNational Director
Trustee or director
4$0
Sherri BlankenshipVP of Admin
Trustee or director, Officer
5$0
Coy HerbertExecutive Vice President
Trustee or director, Officer
5$0
Rick RogersDirector
Trustee or director
1$0
Alex RossDirector
Trustee or director
1$0
Courtney ClaggYouth Advisor
Trustee or director
2$0
Kathleen OrphanosDirector
Trustee or director
2$0
Allison ParkerDirector
Trustee or director
1$0
Colleen AnfinsonDirector
Trustee or director
2$0
Larry LittleNational Director
Trustee or director
1$0
Robbie HaskinsDirector
Trustee or director
1$0
6 more people on this return
NameTitleHours / weekCompensation
Brett SchmidtDirector
Trustee or director
2$0
Laura PriceDirector
Trustee or director
1$0
Susan SmithDirector
Trustee or director
1$0
Nick NixonDirector
Trustee or director
1$0
Gale LittleDirector Emeriti
Trustee or director
1$0
Linda FallsDirector
Trustee or director
1$0
990 for the year ended December 31, 2023: 20 people
NameTitleHours / weekCompensation
Lynn BodineTreasurer
Trustee or director, Officer
10$5,800
Shirley LombardoSecretary/Director
Trustee or director, Officer
10$3,300
Courtney ClaggYouth Advisor
Trustee or director
2$1,900
Pat BentonDirector
Trustee or director
2$1,200
Josh LittlePresident
Trustee or director, Officer
5$0
Randy RatliffNational Director
Trustee or director
4$0
Sherri BlankenshipVP of Admin
Trustee or director, Officer
5$0
Shane YoungExecutive Vice President
Trustee or director, Officer
5$0
Rick RogersDirector
Trustee or director
1$0
Jeff HollarDirector
Trustee or director
1$0
Kathleen OrphanosDirector
Trustee or director
2$0
Allison ParkerDirector
Trustee or director
1$0
Denice LawrenceDirector
Trustee or director
2$0
Larry LittleNational Director
Trustee or director
1$0
Charlene Lignion ClayDirector
Trustee or director
1$0
Brett SchmidtDirector
Trustee or director
2$0
Coy HerbertNCAQHA President
Trustee or director
1$0
Susan SmithDirector
Trustee or director
1$0
Nick NixonDirector
Trustee or director
1$0
Gale LittleDirector Emeriti
Trustee or director
1$0

Address and contacts

Address (IRS master file)
229 HERITAGE PL, MOORESVILLE, NC 28115-2818
In care of
% LYNN BODINE
Principal officer (990 for 2024)
Shane Young, 229 Heritage Place, Mooresville, NC 28115
Signed the 990
Shane Young, President
Phone
(704) 905-6540
Return prepared by
John D Adams & Company CPAs PLLC

Mission

To encourage owning, training, breeding, and showing horses registered with the American Quarter Horse Association and to promote and develop good horsemanship.

990 for the year ended December 31, 2024

Program accomplishments

  • To encourage owning, training, breeding, and showing horses registered with the American Quarter Horse Association and to promote and develop good horsemanship.
    Expenses $205,055 · revenue $227,407

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
56-1236676
Tax-exempt status
501(c)(5): Labor, agricultural or horticultural organization
Donations deductible
No
Exempt since
1990
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$275,983
Income (IRS master file)
$234,848

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$234,848$237,949$275,983XML
990December 2023$213,306$208,020$284,558XML
990December 2022$227,976$235,085$279,017IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 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 56-1236676).

Questions about NORTH CAROLINA QUARTER HORSE ASSOCIATION

What is the EIN of NORTH CAROLINA QUARTER HORSE ASSOCIATION?
The employer identification number (EIN) of NORTH CAROLINA QUARTER HORSE ASSOCIATION is 56-1236676.
Is NORTH CAROLINA QUARTER HORSE ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(5) since 1990.
Are donations to NORTH CAROLINA QUARTER HORSE ASSOCIATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does NORTH CAROLINA QUARTER HORSE ASSOCIATION 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 NORTH CAROLINA QUARTER HORSE ASSOCIATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NORTH CAROLINA QUARTER HORSE ASSOCIATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of NORTH CAROLINA QUARTER HORSE ASSOCIATION?
The 990 for the year ended December 31, 2024 names Shane Young.
Who are the officers and directors of NORTH CAROLINA QUARTER HORSE ASSOCIATION?
The 990 for the year ended December 31, 2024 lists 21 people; 3 received compensation from the organization, the highest $5,400 (Lynn Bodine, Treasurer).
How much revenue does NORTH CAROLINA QUARTER HORSE ASSOCIATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $234,848, expenses of $237,949 and total assets of $275,983 at year end.

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