EIN 95-1682276

California Thoroughbred Breeders Association

IRS 501(c) type
501(c)(5)
Num. employees
9
Year formed
1937
Most recent tax filings
2022-12-01
NTEE code, primary
Description
The California Thoroughbred Breeders Association advances thoroughbred breeding and racing in California through education for members, legislative assistance, and registration of eligible horses for incentive awards funded by pari-mutual wagering. They publish a leading industry publication, California Thoroughbred magazine, and are based in Arcadia, CA.
Total revenues
$1,935,151
2022
Total expenses
$1,965,106
2022
Total assets
$5,829,788
2022
Num. employees
9
2022

Program areas at California Thoroughbred Breeders Association

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.
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.
Conduct annual northern California yearling sale: the annual northern California yearling sale brings together sellers and buyers for the advancement of horse racing in California. In 2022, over 20 consignors participated and 230 horses were sold at ctba's southern California and northern California sales.

Personnel at California Thoroughbred Breeders Association

NameTitleCompensation
Doug BurgePresident / Chief Executive Officer and General Manager$240,157
Thomas RetchlessController / Chief Financial Officer$93,167
Terry LovingierVice Chairperson / Vice Chairman / Director$0
Pete ParrellaTreasurer / Vice Chairman / Chairman / Director / Vice President$0
George SchmittVice Chairman / Treasurer / Director$0
...and 2 more key personnel

Financials for California Thoroughbred Breeders Association

RevenuesFYE 12/2022
Total grants, contributions, etc.$59,150
Program services$1,671,495
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$30,000
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$174,506
Total revenues$1,935,151

Form 990s for California Thoroughbred Breeders Association

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-15990View PDF
2020-122021-08-27990View PDF
2019-122021-06-08990View PDF
2018-122020-02-18990View PDF
...and 9 more Form 990s
Data update history
January 22, 2024
Updated personnel
Identified 2 new personnel
January 15, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 1, 2024
Used new vendors
Identified 5 new vendors, including , , , , and
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 22, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Business and community development organizationsAgricultural programs
Issues
Human servicesCommunity improvementAgricultureBusiness and industry
Characteristics
Political advocacyState / local level
General information
Address
201 Colorado Pl
Arcadia, CA 91007
Metro area
Los Angeles-Long Beach-Anaheim, CA
County
Los Angeles County, CA
Website URL
ctba.com/ 
Phone
(626) 445-7800
Facebook page
california-thoroughbred-breeders-association 
Twitter profile
@ctbacalbred 
IRS details
EIN
95-1682276
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1937
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
K20: Agricultural Programs
NAICS code, primary
813910: Trade Associations
Parent/child status
Independent
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