Skip to main content
Filing year 2024

NEW MEXICO HORSE BREEDERS ASSOCIATION

Albuquerque, New Mexico·EIN 85-0204494·501(c)(5)
Total revenue
$517k
Total assets
$6.3M
Total expenses
$491k
Reported officers
14
Mission

PROMOTE THE BREEDING OF RACING QUARTER HORSES AND THOROUGHBREDS IN THE STATE OF NEW MEXICO. THE MISSION INCLUDES: ACTING AS OFFICIAL REGISTRAR FOR NEW MEXICO-BRED HORSES; ADMINISTERING THE INCENTIVE FUNDS; PROVIDING A VOICE FOR THE BREEDERS IN NEW MEXICO; AND PROMOTING THE WELFARE OF THE RACING HORSE IN THE STATE.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Secretary, Treasurer
Median to 75th percentile
$109k
$116k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 13 unpaid individuals.

Climbed 17%
over 3 years

From $93k in 2021 to $109k in 2024.

$93k
2021
$100k
2023
$109k
2024
In today's dollarsEst.
Up 1% in real terms$115k to $116k

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Financial Officer pay rose 9% from 2023 to 2024, while revenue rose 18%.

$100k in 2023 to $109k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

NEW MEXICO HORSE BREEDERS ASSOCIATION reported revenue and expenses across 3 filing years.

RevenueExpenses
$439k
$362k
2021
$439k
$494k
2023
$517k
$491k
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about NEW MEXICO HORSE BREEDERS ASSOCIATION

What does the Chief Financial Officer of NEW MEXICO HORSE BREEDERS ASSOCIATION earn?

In 2024, the Chief Financial Officer of NEW MEXICO HORSE BREEDERS ASSOCIATION received $108,583 in total compensation. This pay is above the median (the midpoint) for Chief Financial Officer roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Financial Officer pay at NEW MEXICO HORSE BREEDERS ASSOCIATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Financial Officer at NEW MEXICO HORSE BREEDERS ASSOCIATION falls between the median and the 75th percentile.

What are NEW MEXICO HORSE BREEDERS ASSOCIATION's revenue and expenses?

In 2024, NEW MEXICO HORSE BREEDERS ASSOCIATION reported $517k in total revenue and $491k in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.