CALIFORNIA THOROUGHBRED BREEDERS ASSOCIATION
201 COLORADO PLACE, ARCADIA, CA 91007 www.ctba.com

Total Revenue
$1,868,573
Total Expenses
$1,911,640
Net Assets
$1,015,294

Organizations Filed Purposes: 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.

THE ADVANCEMENT OF THOROUGHBRED BREEDING AND RACING IN CALIFORNIA.

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 NORTHERN CALIFORNIA YEARLING SALE BRINGS TOGETHER SELLERS AND BUYERS FOR THE ADVANCEMENT OF HORSE RACING IN CALIFORNIA. IN 2019, OVER 30 CONSIGNORS PARTICIPATED AND 184 HORSES WERE SOLD AT CTBA'S SOUTHERN CALIFORNIA AND NORTHERN CALIFORNIA SALES.

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 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.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Doug BurgeCEO & GM40$235,840
Thomas RetchlessCONTROLLER40$77,921
John HarrisDIRECTOR1$0
Clay Murdock-Term End 919DIRECTOR1$0
Edward FreemanDIRECTOR1$0
Ty GreenDIRECTOR1$0
Don ValpredoDIRECTOR1$0
Gloria HaleyDIRECTOR1$0
Leigh Ann HowardDIRECTOR1$0
John BarrDIRECTOR1$0
Susan GreeneSECRETARY2$0
George SchmittTREASURER2$0
Terry LovingierVICE CHAIRMAN2$0
Pete ParrellaCHAIRMAN2$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202042879349301734_public.xml