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Nonprofiteer
← WEST VIRGINIA BREEDERS CLASSIC LTD

Form 990 for tax year 2025

Filed by WEST VIRGINIA BREEDERS CLASSIC LTD.

Totals

Total revenue
$412,892
Total expenses
$500,629
Contributions and grants received
$0
Grants paid
$32,825
Program service revenue
$389,784
Investment income
$23,108
Other revenue
$0
Total assets, end of year
$977,520
Total liabilities, end of year
$566
Net assets or fund balances, end of year
$976,954
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: SPONSORSHIPS

    total $224,500 · related or exempt $224,500

  • 2b · Program service revenue: MEMBERSHIP & DUES

    total $115,700 · related or exempt $115,700

  • 2c · Program service revenue: OTHER PROMOTIONAL ACTI

    total $49,584 · related or exempt $49,584

  • 3 · Investment income

    total $23,108 · excluded $23,108

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $32,825

  • 5 · Compensation of officers, directors and key employees

    total $87,614

  • 7 · Other salaries and wages

    total $65,150

  • 9 · Other employee benefits

    total $9,369

  • 10 · Payroll taxes

    total $11,906

  • 11b · Fees: legal

    total $2,206

  • 11c · Fees: accounting

    total $10,280

  • 11d · Fees: lobbying

    total $10,550

  • 12 · Advertising and promotion

    total $51,301

  • 13 · Office expenses

    total $6,333

  • 16 · Occupancy

    total $14,487

  • 17 · Travel

    total $871

  • 22 · Depreciation, depletion and amortization

    total $256

  • 23 · Insurance

    total $4,016

  • 24a · Other expenses: RACE DAY EXPENSES

    total $129,598

  • 24b · Other expenses: ANNUAL INDUSTRY GALA

    total $45,929

  • 24c · Other expenses: GOLF TOURNAMENT EXPENSE

    total $17,391

  • 24d · Other expenses: MISC BUSINESS EXPENSES

    total $547

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $9,029 · end of year $47,285

  • 2 · Savings and temporary cash investments

    beginning of year $1,054,816 · end of year $925,921

  • 10a · Land, buildings and equipment: cost or other basis

    $28,297

  • 10b · Land, buildings and equipment: accumulated depreciation

    $25,393

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $2,904

  • 15 · Other assets

    beginning of year $1,410 · end of year $1,410

  • 17 · Accounts payable and accrued expenses

    beginning of year $564 · end of year $566

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $1,064,691 · end of year $976,954

Mission and programs · 2025

Mission

THE WEST VIRGINIA BREEDERS CLASSIC, LTD. IS A TRADE ASSOCIATION THAT PROMOTES WEST VIRGINIA THOROUGHBRED BREEDING AND RACING, AND IS HIGHLIGHTED BY AN ANNUAL RACING EVENT AND OTHER PROMOTIONAL EVENTS.

Activities or mission (Part I)

TO PROMOTE WEST VIRGINIA THOROUGHBRED BREEDING AND RACING.

  • PROMOTED AWARENESS OF THE WEST VIRGINIA THOROUGHBRED INDUSTRY AT THE REGIONAL AND LOCAL LEVEL. EVENTS INCLUDE AN INDUSTRY GALA, GOLF TOURNAMENT, AND AN ANNUAL RACING EVENT.

As filed on the 2025 return.

Listed in Part VII

  • Carol A Holden

    PRESIDENT

    Total calculated
    $83,107
    From this org
    $83,107
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Cynthia McKee

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Debbie McClure

    DIRECTOR

    Total calculated
    $150
    From this org
    $150
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Doug Allara

    TREASURER

    Total calculated
    $150
    From this org
    $150
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Edward Dockeney

    DIRECTOR

    Total calculated
    $100
    From this org
    $100
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Georgiana Pardo

    DIRECTOR

    Total calculated
    $100
    From this org
    $100
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Charlie McIntosh

    SECRETARY

    Total calculated
    $150
    From this org
    $150
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • James Miller

    DIRECTOR

    Total calculated
    $100
    From this org
    $100
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Jerry Olsen

    DIRECTOR

    Total calculated
    $150
    From this org
    $150
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Sean Demeule

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Dr Keith Berkeley

    DIRECTOR

    Total calculated
    $50
    From this org
    $50
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Mary Via

    DIRECTOR

    Total calculated
    $100
    From this org
    $100
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Paul Espinosa Jr

    DIRECTOR

    Total calculated
    $100
    From this org
    $100
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Ron Marcus

    DIRECTOR

    Total calculated
    $100
    From this org
    $100
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Richard Moore

    VICE PRESIDENT

    Total calculated
    $150
    From this org
    $150
    From related orgs
    $0
    Other
    $0
    Hours/week
    5

  • Eddie Hough

    DIRECTOR

    Total calculated
    $100
    From this org
    $100
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • William H Chesley

    DIRECTOR

    Total calculated
    $150
    From this org
    $150
    From related orgs
    $0
    Other
    $0
    Hours/week
    5

  • Doug Bowling

    DIRECTOR

    Total calculated
    $100
    From this org
    $100
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • John Funkhouser

    DIRECTOR

    Total calculated
    $100
    From this org
    $100
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Provenance

Return type
form_990
Tax year
2025
Filed
15 September 2026
IRS schema version
2025v4.2
Source object
202612649349301711

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