Page 6 - NMHBA Spring 2021

New Mexico Horse Breeders’ 2021 Officers PRESIDENT
Tom Goncharoff (TB) ...................................... Tularosa
1ST VICE PRESIDENT
Mike Logan (QH) ............................................... Hondo
2ND VICE PRESIDENT
Verner R. Query (TB) ....................................... Maxwell
TRUSTEES
Vanessa Alexander (QH) .................................... Belen Norma Alvarez (QH) ...................................... La Union Mark Brown (QH) ........................................ San Acacia C. Warren Franklin (TB) ..................... Ruidoso Downs Annette McCloy (QH) ......................................... Tatum Mac Murray (QH) .............................................. Veguita Helen Nave (TB)................................................. Hobbs Susie Prather (TB).............................................. Hobbs Nancy Summers (TB)............................... Albuquerque
STAFF
Mary M. Barber ............................... Executive Director Ernestine Aragon ........................................... Registrar Paulette Taylor ........................ Administrative Assistant The New Mexico Horse Breeder is the official publication for the New Mexico Horse Breeders’ Association.
RACING CORRESPONDENT:
Michael Cusortelli
CONTRIBUTING WRITERS:
Pete Herrera, Megan Petty
PROOFREADER: Ralph Vincent
BOARD OF TRUSTEES ........................... 10
Begins on page 60
LETTER FROM THE PRESIDENT
Tom Goncharoff .......................................................................... 6
LETTER FROM THE EXECUTIVE DIRECTOR
Mary M. Barber ........................................................................... 8
DEPARTMENTS
Important Reminders .................................................................. 6 Welcome New Members ............................................................. 6 New Mexico Licensed Horse Rescues ....................................... 8 In Memoriam ............................................................................. 57
NEW MEXICO FORMS & INSTRUCTIONS
Subscription Form ...................................................................... 68 Forms & Instructions ................................................................. 73 Request for Broodmares in Foal to Leave State of NM............. 74 Broodmares in Foal Returning to the State of New Mexico........ 75
FEATURE ARTICLES
2021 NMHBA Board Of Trustees................................................. 10 Stallion Auction Results ............................................................... 15 Chaplain Darrell Winter................................................................ 17 Reverend Don Stover .................................................................. 32 On The Road .............................................................................. 36 Equine Dentistry .......................................................................... 40 A Moment In Time: Keys to Good Equine Photography .............. 42 Out In The Pasture ..................................................................... 46 2020 Zia Awards .......................................................................... 52 Meeting Time ............................................................................... 58 Annual Report...............................................................................60 Did You Know? ............................................................................ 70 New, Inactive & Reactivated Stallions ......................................... 71
ANNUAL REPORT
Treasurer’s Report....................................................................... 60 General Fund Comparison .......................................................... 61 Purse Enhancments .................................................................... 62 2020 Incentive Funds ...................................................................64 Export Broodmares...................................................................... 64 Breakage Accounts...................................................................... 64 Unclaimed Ticket Account............................................................ 64 Committed To Overnight NM Bred Races.................................... 65 Horse Registrations ......................................................................65 Recipient Mare Registrations........................................................65 Total Distribution Unclaimed & Gaming ....................................... 66 New Mexico Breds In Open Overnight Races ..............................66 10% Track Breeders’ Awards Distributed in 2020.........................66 Gaming Revenues........................................................................67 New Mexico Bred Races .............................................................67 Summary Of New Mexico Bred Races .........................................68 The Leading 2020 New Mexico TB Stallions .............................. 69 The Leading 2019 New Mexico QH Stallions ............................. 69
4 New Mexico Horse Breeder
2021 ANNUAL BUSINESS MEETING
Treasurer’s Report
Checking Account Balances US Bank
12/31/20
ACCOUNT 2019
2020
1) General Operating Account
2) JP Morgan Chase Bank (01/29/21)
3) American Express Centurian Bank (04/05/21) 4) US Bank Deposit Program (4.06%)
5) BOK Financial Securities
$263,497.63 $ 50,435.00 $ 55,305.80 $ 3,195.03
$324,730.98 $50,450.00 $55,306.35 $ 4,464.39
JP Morgan Chase BK (09/30/22)
American Balanced Fund (Open End Fund)
Athene Annuity
First Trust - Annual Reinvestment
First Trust - Monthly Reinvestment
Federated Gov Reserves (Money Market Account)
$ 24,462.50 $ 53,239.60 $ 20,000.00 $ 33,873.11 $ 52,255.09 $ 36,121.69
$25,102.50 $58,590.74 $20,800.00 $41,453.83 $50,141.85 $36,535.80
Total $592,385.45
$667,576.44
60 New Mexico Horse Breeder
12/31/20 $324,730.98
General Fund Comparison
DECEMBER 31, 2020
CASH RECEIPTS:
Including Dues, Administrative Fees, Registrations, Awards Banquet, and Interest
Export Mare Registrations
Stallion Auction
$407,664 $58,000 $13,500 $21,175 $500,339
$336,235 $61,500 - - $397,735
($71,429) $3,500 ($13,500) ($21,175) {102,604}
Silent Auction
Total cash receipts
CASH PAYMENTS:
Salaries and Payroll Taxes
Employee Health and Retirement Benefits
Annual Meeting and Banquet
Summer Meeting
Silent Auction Expense
Insurance
Lobbying Costs
Magazine Publication
Advertising and Marketing
Bank and Credit Card Fees
Board Expense
Dues & Subscriptions
Telephone
Printing
Postage
Web Site
Auto Expense
Office Expense
Computer Expense
Miscellaneous
Office Supplies
Utilities
Equipment Rent and Maintenance
Travel and Lodging
Accounting, Awards Calculation, Tax Return
Repairs and Maintenance
Security 385
$122,664 51,289 14,398 374 - 11,613 - 25,009 2,365 11,413 248 797 3,561 5,525 8,141 10,961 - 1,861 26,565 95 4,987 3,556 8,059 (3,922) 17,662 3,334 385 - 3,917 1,899 1,230 - 15,642 $357,550 $40,185 Unreviewed
11,764 6,659 (11,275) (324) (209) (17,466) - (17,398) (9,128) 3,562 (2,610) (233) (1,705) 112 2,451 100 - (243) (1,977) 95 1,019 262 468 3,853 (2,171) 544 - 176 130 - 960 - 3,236 ($37,475) (65,129)
Meals and Entertainment
Property Taxes
Condominium Association Dues Legal Fees
Consultants-Financial Status Letter Annual Audit or Review
176 3,787 1,899 270 - 2,406 $395,025 $105,314 Audited
Total Cash Expenses
CASH RECEIPTS LESS CASH PAYMENTS (Excludes Depreciaton)
Year Ended 12/31/2019
Year Ended 12/31/2020
Increase (Decrease) 2020
$110,900 44,630 25,673 698 209 29,079 - 42,407 11,493 7,851 2,858 1,030 5,266 5,413 5,690 10,861 - 2,104 28,542 - 3,968 3,294 7,591 3,922 19,833 2,790
2021 ANNUAL BUSINESS MEETING
SPRING 2021 61