Small Public Charity

IOWA QUARTER-HORSE RACING ENTERPRISES I

IOWA QUARTER-HORSE RACING ENTERPRISES I, of ADEL, IA, is a Small Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $125K in revenue, $129K in expenses, $397K in total assets. 1 publicly reported grants to this organization, totaling roughly $2K, appear in IRS filings.

EIN: 421292717 ADEL, IA Chambers of Commerce & Business Leagues NTEE: S41 Latest filing: 2025
Total Revenue$125K
Total Expenses$129K
Total Assets$397K
Grant Records1
Funding Total$2K
Filing Years2021–2025

Mission

PROMOTE QUARTER HORSE BREEDING/RACING IN IOWA

Officers & Directors

DIRECTOR Bethany Kinney
DIRECTOR Bob Brown
DIRECTOR David Moorehead
DIRECTOR Dick Tobin
DIRECTOR Jayme Moore
DIRECTOR Jeff State

Officer compensation and complete director data available with membership.

Top Grant Purposes

Youth Scholarships
$2,500 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $125K $129K $397K
2024 $130K $117K $401K
2023 $113K $64K $388K
2022 $106K $64K $338K
2021 $86K $60K $296K

Between 2021 and 2025, reported annual revenue grew from $86K to $125K (+46%), with total assets most recently reported at $397K.

Interactive year-over-year charts and full filing details available with membership.

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