Nonprofit · EIN 95-1682276
CALIFORNIA THOROUGHBRED BREEDERS ASSOCIATION
Tax-exempt · ARCADIA, CA 91007
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $8,147,053 | $2,133,191 | $6,013,862 | $11,894,872 | $5,342,567 | $6,552,305 |
| December 31, 2024 | 990 | $1,600,691 | $1,913,573 | -$312,882 | $5,282,586 | $4,744,143 | $538,443 |
| December 31, 2023 | 990 | $1,762,427 | $1,889,730 | -$127,303 | $5,518,265 | $4,666,940 | $851,325 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $44,626
- Membership dues
- $44,626
- Program service revenue
- $1,197,470
- Investment income
- $6,721,296
- Net rental income
- $40,000
- Net gain from sales of assets
- $6,642,877
- Other revenue
- $183,661
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $412,220
- Other salaries and wages
- $242,436
- Salaries, compensation and benefits (total)
- $758,621
- Professional fundraising fees
- $0
- Accounting fees
- $34,388
- Travel
- $59,889
Balance sheet and other
- Total assets, start of year
- $5,282,586
- Total assets, end of year
- $11,894,872
- Total liabilities, end of year
- $5,342,567
- Net assets, end of year
- $6,552,305
- Net assets without donor restrictions
- $6,552,305
- Gross unrelated business income
- $165,811
- Gross receipts
- $8,204,686
- Employees
- 26
- Volunteers
- 13
- Year formed
- 1937
- State of legal domicile
- CA
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 | Other / benefits |
|---|---|---|---|---|
| DOUG BURGE | CEO & GM Officer | 40 | $260,157 | $33,554 |
| THOMAS RETCHLESS | CONTROLLER Officer | 40 | $117,500 | $1,009 |
| JUSTIN OLDFIELD | CHAIRPERSON Trustee or director, Officer | 2 | $0 | $0 |
| TY GREEN | VICE CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| GEORGE SCHMITT | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| ADRIAN GONZALEZ | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| KATHERINE FISHER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SUSAN GREENE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GLORIA HALEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAN HARRALSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN HARRIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JONNY HILVERS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TERRY LOVINGIER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PETE PARRELLA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| STACY POTTER | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2024: 15 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DOUG BURGE | CEO & GM Officer | 40 | $220,157 | $29,257 |
| THOMAS RETCHLESS | CONTROLLER Officer | 40 | $100,000 | $1,009 |
| JUSTIN OLDFIELD | CHAIRPERSON Trustee or director, Officer | 2 | $0 | $0 |
| TY GREEN | VICE CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| GEORGE SCHMITT | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| ADRIAN GONZALEZ | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| DAN HARRALSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JONNY HILVERS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| STACY POTTER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TERRY LOVINGIER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PETE PARRELLA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SUSAN GREENE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GLORIA HALEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN HARRIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DON VALPREDO | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DOUG BURGE | CEO & GM Officer | 40 | $240,157 | $32,497 |
| THOMAS RETCHLESS | CONTROLLER Officer | 40 | $105,000 | $1,002 |
| TERRY LOVINGIER | CHAIRPERSON Trustee or director, Officer | 2 | $0 | $0 |
| GEORGE SCHMITT | VICE CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| PETE PARRELLA | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| SUSAN GREENE | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| GLORIA HALEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN HARRIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TY GREEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JUSTIN OLDFIELD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ADRIAN GONZALEZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DON VALPREDO | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 201 COLORADO PL, ARCADIA, CA 91007-2604
- Principal officer (990 for 2025)
- DOUG BURGE, 201 COLORADO PLACE, ARCADIA, CA 91007
- Signed the 990
- DOUG BURGE, PRESIDENT
- Phone
- (626) 445-7800
- Website
- WWW.CTBA.COM
- Return prepared by
- CLIFTONLARSONALLEN LLP
California records
California keeps its own records of charities and corporations. Search them by EIN 95-1682276 or by the name CALIFORNIA THOROUGHBRED BREEDERS ASSOCIATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
TO CREATE AN ENVIRONMENT OF EDUCATION FOR THE MEMBERSHIP SO AS TO BRING ABOUT THE BETTERMENT OF THE CONDITIONS FOR THOSE INVOLVED IN THE AGRICULTURAL PRODUCTION OF CALIFORNIA-BRED THOROUGHBREDS; TO ASSIST IN ALL WAYS APPROPRIATE, INCLUDING LEGISLATIVELY, TO MAXIMIZE THE QUALITY AND PROFITABILITY OF THE PRODUCT OF THE MEMBERS AND THE EFFICIENCY OF THEIR OPERATION; AND TO ENHANCE ALL ECONOMIC CONDITIONS RELATED TO THE GROWTH AND VITALITY OF THE THOROUGHBRED INDUSTRY IN CALIFORNIA.
Program accomplishments
- REGISTRATION OF THOROUGHBRED HORSES IN CALIFORNIA & INCENTIVE AWARDS:THOROUGHBRED HORSES THAT ARE REGISTERED ARE ELIGIBLE FOR INCENTIVE AWARDS FUNDED THROUGH PARI-MUTUAL WAGERING ON AUTHORIZED RACES MOSTLY CONDUCTED OR PRODUCED IN CALIFORNIA. AS THE RECOGNIZED REGISTERING AGENCY, THE ASSOCIATION COLLECTS AND DISTRIBUTES VARIOUS INCENTIVE AWARDS TO THOROUGHBRED BREEDERS AND OWNERS OF CALIFORNIA-BRED THOROUGHBREDS AND CALIFORNIA BASED STALLIONS. THE ASSOCIATION ALSO CONDUCTS AN ANNUAL AUCTION OF THOROUGHBREDS, FOR WHICH IT RECEIVES ENTRY FEES AND A COMMISSION FROM THE SALE OF HORSES.
- CONDUCT ANNUAL NORTHERN CALIFORNIA YEARLING SALE:THE ANNUAL CTBA SALE BRINGS TOGETHER SELLERS AND BUYERS FOR THE ADVANCEMENT OF HORSE RACING IN CALIFORNIA. IN 2025, MORE THAN 15 CONSIGNORS PARTICIPATED AND OVER 80 HORSES WERE SOLD AT THE CTBA SALE.
- CTBA PUBLISHES A MONTHLY MAGAZINE: CALIFORNIA THOROUGHBRED TO WHICH ALL MEMBERS RECEIVE ANNUAL SUBSCRIPTIONS. CALIFORNIA THOROUGHBRED MAGAZINE HAS LONG BEEN RECOGNIZED AS A LEADING INDUSTRY PUBLICATION. WE ARE DEDICATED TO BUILDING UPON THAT FOUNDATION. ONE WAY THIS IS BEING ACHIEVED IS BY WORKING TOGETHER IN PROVIDING ARTICLES THAT ARE SIGNIFICANT IN ASSISTING IN FARM MANAGEMENT AND ANIMAL HUSBANDRY. THE MAGAZINE ALSO BRINGS TOGETHER ADVERTISERS AND A PRECISE TARGET MARKET. STALLION OWNERS ARE ABLE TO COST EFFECTIVELY REACH THE REAL DECISION-MAKERS WITH THEIR ADVERTISING DOLLARS.
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
- 95-1682276
- Tax-exempt status
- 501(c)(5): Labor, agricultural or horticultural organization
- Donations deductible
- No
- Exempt since
- 1945
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $11,894,872
- Income (IRS master file)
- $8,204,686
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $8,147,053 | $2,133,191 | $11,894,872 | XML |
| 990 | December 2024 | $1,600,691 | $1,913,573 | $5,282,586 | XML |
| 990 | December 2023 | $1,762,427 | $1,889,730 | $5,518,265 | XML |
| 990 | December 2022 | $1,935,151 | $1,965,106 | $5,829,788 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 95-1682276).
Questions about CALIFORNIA THOROUGHBRED BREEDERS ASSOCIATION
- What is the EIN of CALIFORNIA THOROUGHBRED BREEDERS ASSOCIATION?
- The employer identification number (EIN) of CALIFORNIA THOROUGHBRED BREEDERS ASSOCIATION is 95-1682276.
- Is CALIFORNIA THOROUGHBRED BREEDERS ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(5) since 1945.
- Are donations to CALIFORNIA THOROUGHBRED BREEDERS ASSOCIATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does CALIFORNIA 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 CALIFORNIA 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 CALIFORNIA 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 CALIFORNIA THOROUGHBRED BREEDERS ASSOCIATION?
- The 990 for the year ended December 31, 2025 names DOUG BURGE.
- Who are the officers and directors of CALIFORNIA THOROUGHBRED BREEDERS ASSOCIATION?
- The 990 for the year ended December 31, 2025 lists 15 people; 2 received compensation from the organization, the highest $260,157 (DOUG BURGE, CEO & GM).
- How much revenue does CALIFORNIA THOROUGHBRED BREEDERS ASSOCIATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $8,147,053, expenses of $2,133,191 and total assets of $11,894,872 at year end.
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