Nonprofit · EIN 72-0676064
LOUISIANA THOROUGHBRED BREEDERS ASSOCIATION
Tax-exempt · NEW ORLEANS, LA 70184
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $10,652,108 | $11,154,902 | -$502,794 | $4,186,370 | $136,390 | $4,049,980 |
| December 31, 2024 | 990 | $10,964,701 | $11,956,893 | -$992,192 | $4,628,084 | $75,310 | $4,552,774 |
| December 31, 2023 | 990 | $9,383,782 | $9,643,800 | -$260,018 | $5,615,065 | $70,550 | $5,544,515 |
| December 31, 2022 | 990 | $9,473,881 | $9,828,698 | -$354,817 | $5,837,212 | $72,170 | $5,765,042 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $117,040
- of which government grants
- $60,000
- Membership dues
- $56,585
- Program service revenue
- $10,451,352
- Investment income
- $83,716
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $17,000
- Compensation of officers, directors and key employees
- $280,666
- Other salaries and wages
- $307,181
- Salaries, compensation and benefits (total)
- $631,827
- Professional fundraising fees
- $0
- Legal fees
- $55,523
- Accounting fees
- $59,005
- Occupancy
- $19,876
- Travel
- $9,445
- Depreciation
- $8,460
Balance sheet and other
- Total assets, start of year
- $4,628,084
- Total assets, end of year
- $4,186,370
- Total liabilities, end of year
- $136,390
- Net assets, end of year
- $4,049,980
- Land, buildings and equipment
- $64,646
- Net assets without donor restrictions
- $4,049,980
- Gross unrelated business income
- $43,378
- Gross receipts
- $10,652,108
- Employees
- 7
- Volunteers
- 7
- Year formed
- 1961
- State of legal domicile
- LA
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROGER HEITZMAN III | EXECUTIVE DIRECTOR Officer | 50 | $163,957 |
| THERESE ARROYO | COMPTROLLER Officer | 50 | $116,709 |
| THOMAS EARLY | DIRECTOR Trustee or director | 8 | $225 |
| JAY ADCOCK | DIRECTOR Trustee or director | 10 | $150 |
| MICHELE RODRIGUEZ | DIRECTOR Trustee or director | 2 | $150 |
| LEE THOMAS | DIRECTOR Trustee or director | 2 | $150 |
| CHARLOTTE CLAVIER | DIRECTOR Trustee or director | 4 | $75 |
| JIM MONTGOMERY | DIRECTOR Trustee or director | 4 | $75 |
| KEITH HERNANDEZ | PRESIDENT Trustee or director, Officer | 6 | $0 |
| BRETT BRINKMAN | 1ST VICE PRESIDENT Trustee or director, Officer | 10 | $0 |
| MICHELLE LAVOICE | 2ND VICE PRESIDENT Trustee or director, Officer | 10 | $0 |
| BRANDON ADCOCK | DIRECTOR Trustee or director | 4 | $0 |
| JAKE DELHOMME | DIRECTOR Trustee or director | 4 | $0 |
| NATHAN GRANGER | DIRECTOR Trustee or director | 3 | $0 |
| VAL MURRELL | DIRECTOR Trustee or director | 5 | $0 |
990 for the year ended December 31, 2024: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROGER HEITZMANN III | EXECUTIVE DIRECTOR Officer | 50 | $130,491 |
| THERESE ARROYO | COMPTROLLER Officer | 50 | $110,776 |
| MICHELLE LA VOICE | SECOND VICE PRESIDENT Trustee or director, Officer | 10 | $300 |
| JAY ADCOCK | DIRECTOR Trustee or director | 10 | $300 |
| CHARLOTTE CLAVIER | DIRECTOR Trustee or director | 3 | $300 |
| VAL MURRELL | DIRECTOR Trustee or director | 6 | $300 |
| THOMAS EARLY | DIRECTOR Trustee or director | 10 | $300 |
| MICHELE RODRIGUEZ | DIRECTOR Trustee or director | 6 | $300 |
| BRETT BRINKMAN | FIRST VICE PRESIDENT Trustee or director, Officer | 10 | $300 |
| WARREN J HARANG III | PRESIDENT Trustee or director, Officer | 2 | $300 |
| JAKE DELHOMME | DIRECTOR Trustee or director | 4 | $300 |
| KEITH HERNANDEZ | PRESIDENT Trustee or director, Officer | 10 | $300 |
| LEE THOMAS | DIRECTOR Trustee or director | 4 | $300 |
| JIM MONTGOMERY | DIRECTOR Trustee or director | 4 | $300 |
990 for the year ended December 31, 2023: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROGER HEITZMANN III | EXECUTIVE DIRECTOR Officer | 50 | $131,136 |
| THERESE ARROYO | COMPTROLLER Officer | 50 | $114,704 |
| JAY ADCOCK | DIRECTOR Trustee or director | 10 | $225 |
| CHARLOTTE CLAVIER | DIRECTOR Trustee or director | 2 | $225 |
| VAL MURRELL | DIRECTOR Trustee or director | 6 | $225 |
| THOMAS EARLY | DIRECTOR Trustee or director | 10 | $225 |
| MICHELE RODRIGUEZ | DIRECTOR Trustee or director | 6 | $225 |
| WARREN J HARANG III | PRESIDENT Trustee or director, Officer | 20 | $225 |
| KEITH HERNANDEZ | FIRST VICE PRESIDENT Trustee or director, Officer | 2 | $225 |
| JIM MONTGOMERY | DIRECTOR Trustee or director | 4 | $225 |
| MICHELLE LA VOICE | DIRECTOR Trustee or director | 10 | $150 |
| BRETT BRINKMAN | SECOND VICE PRESIDENT Trustee or director, Officer | 10 | $150 |
| JAKE DELHOMME | DIRECTOR Trustee or director | 4 | $150 |
| DANIEL GUIDRY | DIRECTOR Trustee or director | 4 | $0 |
| NATHAN GRANGER | DIRECTOR Trustee or director | 6 | $0 |
990 for the year ended December 31, 2022: 14 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ROGER HEITZMANN III | EXECUTIVE DIRECTOR Officer | 50 | $125,099 | $12,000 |
| MICHELLE LA VOICE | DIRECTOR Trustee or director | 10 | $300 | $0 |
| JAY ADCOCK | DIRECTOR Trustee or director | 10 | $300 | $0 |
| CHARLOTTE CLAVIER | DIRECTOR Trustee or director | 3 | $300 | $0 |
| DANIEL GUIDRY | DIRECTOR Trustee or director | 4 | $300 | $0 |
| VAL MURRELL | DIRECTOR Trustee or director | 6 | $300 | $0 |
| THOMAS EARLY | DIRECTOR Trustee or director | 10 | $300 | $0 |
| MICHELE RODRIGUEZ | DIRECTOR Trustee or director | 6 | $300 | $0 |
| BRETT BRINKMAN | SECOND VICE PRESIDENT Trustee or director, Officer | 10 | $300 | $0 |
| WARREN J HARANG III | PRESIDENT Trustee or director, Officer | 20 | $300 | $0 |
| JAKE DELHOMME | DIRECTOR Trustee or director | 4 | $300 | $0 |
| KEITH HERNANDEZ | FIRST VICE PRESIDENT Trustee or director, Officer | 2 | $300 | $0 |
| DAVID TILLSON | DIRECTOR Trustee or director | 6 | $300 | $0 |
| JIM MONTGOMERY | DIRECTOR Trustee or director | 4 | $300 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 24650, NEW ORLEANS, LA 70184-4650
- In care of
- % KEITH HERNANDEZ
- Principal officer (990 for 2025)
- KEITH HERNANDEZ, PO BOX 24650, NEW ORLEANS, LA 70184
- Signed the 990
- KEITH HERNANDEZ, PRESIDENT
- Phone
- (504) 947-4676
- Website
- WWW.LOUISIANABRED.COM
- Return prepared by
- Corcoran & Bernard CPAs LLC
Mission
THE ASSOCIATION SEEKS TO PROMOTE AND FURTHER THE THOROUGHBRED BREEDING INDUSTRY WITHIN THE STATE OF LOUISIANA. THE ASSOCIATION IS ENGAGED IN PROGRAMS FOR THE ENCOURAGEMENT AND IMPROVEMENT OF BREEDING THOROUGHBRED HORSES IN THE STATE OF LOUISIANA.
Program accomplishments
- THE ASSOCIATION IS AN ECONOMIC STIMULUS PROGRAM, LEGISLATIVELY PUT IN PLACE AS THE OFFICIAL REGISTRAR OF LOUISIANA BRED THOROUGHBREDS AND FOR THE ENCOURAGEMENT AND IMPROVEMENT OF THOROUGHBRED HORSES IN THE STATE OF LOUISIANA INCLUDING, BUT NOT LIMITED TO, THE PAYMENT OF BREEDERS AWARDS TO BREEDERS OF ACCREDITED LOUISIANA-BRED HORSES, SUPPLEMENTING PURSES FOR RACES WRITTEN FOR ACCREDITED LOUISIANA-BRED HORSES, AND PAYMENT OF STALLION AND WORLD WIDE BREEDERS AWARDS.
- THE ASSOCIATION PUBLISHES THE LOUISIANA HORSE MAGAZINE, THE OFFICIAL PUBLICATION OF THE ASSOCIATION, ON A SEMIANNUAL BASIS, AS WELL AS THE ANNUAL STALLION REGISTER.
- SCHOLARSHIP PROGRAM: DRAWINGS WERE HELD TO GIVE OUT $1,000 SCHOLARSHIPS IN FEBRUARY AT DELTA DOWNS, IN MAY AT EVANGELINE DOWNS IN AUGUST AT LOUISIANA DOWNS AND IN DECEMBER AT THE FAIR GROUNDS. ANY MEMBER OF THE GENERAL PUBLIC THAT WAS PRESENT AND CURRENTLY ENROLLED AS A FULL-TIME COLLEGE STUDENT WAS ELIGIBLE TO PARTICIPATE IN THE DRAWING. THE PROCEEDS WERE SUBMITTED DIRECTLY TO THE ACCREDITED UNIVERSITY.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 72-0676064
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1971
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $4,186,370
- Income (IRS master file)
- $10,652,108
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $10,652,108 | $11,154,902 | $4,186,370 | XML |
| 990 | December 2024 | $10,964,701 | $11,956,893 | $4,628,084 | XML |
| 990 | December 2023 | $9,383,782 | $9,643,800 | $5,615,065 | XML |
| 990 | December 2022 | $9,473,881 | $9,828,698 | $5,837,212 | XML |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 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 72-0676064).
Questions about LOUISIANA THOROUGHBRED BREEDERS ASSOCIATION
- What is the EIN of LOUISIANA THOROUGHBRED BREEDERS ASSOCIATION?
- The employer identification number (EIN) of LOUISIANA THOROUGHBRED BREEDERS ASSOCIATION is 72-0676064.
- Is LOUISIANA THOROUGHBRED BREEDERS ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1971.
- Are donations to LOUISIANA THOROUGHBRED BREEDERS ASSOCIATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does LOUISIANA THOROUGHBRED BREEDERS 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 LOUISIANA THOROUGHBRED BREEDERS ASSOCIATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LOUISIANA THOROUGHBRED BREEDERS ASSOCIATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of LOUISIANA THOROUGHBRED BREEDERS ASSOCIATION?
- The 990 for the year ended December 31, 2025 names KEITH HERNANDEZ.
- Who are the officers and directors of LOUISIANA THOROUGHBRED BREEDERS ASSOCIATION?
- The 990 for the year ended December 31, 2025 lists 15 people; 8 received compensation from the organization, the highest $163,957 (ROGER HEITZMAN III, EXECUTIVE DIRECTOR).
- How much revenue does LOUISIANA THOROUGHBRED BREEDERS ASSOCIATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $10,652,108, expenses of $11,154,902 and total assets of $4,186,370 at year end.
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