Civic Intelligence

Illinois Standardbred Association

EIN 33-2574578 • Cantrall, IL

Profile

Our purpose is the development and improvement of the standardbred horses conceived and foaled in the State of IL. We oversee and distribute grant money from the IL Standardbred Breeders Fund and nomination funds from Dept of AG

7495 N Cantrall Creek RdCantrall, IL 62625

n/A

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

$41,233

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

$41,233

No earlier filing loaded for comparison.

Operations

Revenue

$1,022,088

No earlier filing loaded for comparison.

Expenses

$980,855

No earlier filing loaded for comparison.

Net Income

$41,233

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60K$40K$20K$0Assets 2025: $41,233Liabilities 2025: $0Net Assets 2025: $41,2332025

Highlighted filing

2025

Assets$41,233
Liabilities$0
Net Assets$41,233

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0Revenue 2025: $1,022,088Expenses 2025: $980,855Net Income 2025: $41,2332025

Highlighted filing

2025

Revenue$1,022,088
Expenses$980,855
Net Income$41,233

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.04$0.00$0.04$1.02$0.98$0.04
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Dec 31, 2025
Signed
Mar 21, 2026
Return Version
2025v4.1
Gross Receipts
$1,022,088
Mission and Program Overview

Mission

Our purpose is the development and improvement of the standardbred horses conceived and foaled in the State of IL. We oversee and distribute grant money from the IL Standardbred Breeders Fund and nomination funds from Dept of AG

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$0$30,808▲ $30,808
Cash and Non-Interest-Bearing Accounts$0$10,425▲ $10,425
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$0$41,233▲ $41,233
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$0$41,233▲ $41,233
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$0$41,233▲ $41,233
Total Liabilities and Net Assets / Fund Balance$0$41,233▲ $41,233
Compensation and Service Providers

Employees

NameTitleBaseTotal
Tina SchrockSecretary/Treasurer$7,500$7,500
LeAnn ShinnAsst. Secretary/Treasurer$5,930$5,930

Board Members and Trustees

NameTitle
Mark WalkerPresident
George Pollock1st Vice President
Randy Callahan2nd Vice President
Brad DyeDirector
Dave BrooksDirector
Dean WetherellDirector
Ed TeefeyDirector
Evan HallDirector
Jim AustinDirector
Mary Lou WrightDirector
Michelle SearleDirector
Rick FlaccoDirector
Stacy DeRousseDirector
Tannor SpittlerDirector
Tim SearleDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
Jacquavyian CarterStall Cleaner140 Patton Dr, Clinton, MS 39056$8,112
Tina SchrockClerk/Sec-Treasurer7495 N Cantrall Creek Rd, Cantrall, IL 62625$7,600
R LeAnn ShinnClerk/ Asst. Sec/Tre303 Orchard Dr, Newton, IL 62448$6,780
Michelle CornmanStall Cleaner1921 W Adams, Herrin, IL 62948$5,656
Brady SchrockStall Cleaner7495 N Cantrall Creek Rd, Cantrall, IL 62625$4,002
Revenue and Support

Revenue Composition

Contributions and Grants
$820,199
Program Service Revenue
$116,100
Investment Income
$6,889
Other Revenue
$78,900
All Other Contributions
$23,157
Change in Net Assets
$41,233
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$967,425
Salaries, Compensation, and Employee Benefits$13,430
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses---$906,647
Fees for Services Other---$42,909
Current Officers, Directors, Trustees, and Key Employees---$13,430
Insurance---$11,227
Travel---$3,055
Office Expenses---$1,637
Fees for Services Accounting---$700
Advertising---$400
Conferences and Meetings---$200
Total Functional Expenses$0$0$0$980,855
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI = Line 2

Mark Walker and Tina Schrock are cousins. Tim Searle and Michele Monier Searle are husband and wife.

Filing and Contact Details

Filer

Filer Name
Illinois Standardbred Association
EIN
33-2574578
In Care Of
% TINA SCHROCK
Phone
2174338938
Address
7495 N CANTRALL CREEK RD, CANTRALL, IL 62625
Doing Business As
Illinois Standardbred Association

Signing Officer

Name
R LeAnn Shinn
Title
Asst. Secretary/Trea
Phone
2174338938
Signed
2026-03-21

Organization Details

Principal Officer
R LeAnn Shinn
Formed
2025
Legal Domicile
Il
Voting Board Members
34
Independent Board Members
7
Employees
0

Preparer

Firm
H and R Block
Address
107 S JACKSON, NEWTON, IL 62448
Preparer
Susan Finn
Phone
6187833921
Supplemental Narrative

Additional Explanations

Part III - Line 4A

Due to a rainout, $6,495 will be distributed to fairs remaining in FY '26 to be held in June 2026.

Officer Addresses

Mark Walker - President 464 Dogwood Dr Carrollton, IL 62016 George Pollock - 1st Vice President 440 S Liberty St Rushville, IL 62681 Randy Callahan - 2nd Vice President 1874 CR 850 N Greenup, IL 62428 Tina Schrock - Secretary/Treasurer 7495 N Cantrall Creek Rd Cantrall, IL 62625 LeAnn Shinn - Asst. Secretary/Treasurer 303 Orchard Dr Newton, IL 62448

VI - 11 and 19

All by-laws (including language on conflict of interest), tax forms, minutes and reports are always available on request to the public. The members receive documents by email, fax or through the mail.

VI = 12A Conflict of Interest

Recognizing the unique nature of the corporation and the purposes for which it exists, as hereinbefore set forth in these by-laws, each member of the Board of Directors shall be aware of and seek to avoid, in their dealings with the affairs of the corporation, any actual or apparent conflict between the interests of the corporation and the private interests of the member. In all situations where an apparent conflict exists, an association member shall recuse themselves from discussions related to the topic of concern. Whenever a member of the Board of Directors has cause to believe that a matter to be voted upon would involve a possible conflict of interest, the member shall announce such circumstance prior to the taking of any action in the matter of the Board. In addition, any member present having reasonable cause to believe that a possible conflict of interest involving another member may exist, shall raise such issue promptly for the consideration of and resolution by the Board, as hereinafter provided. The issue of whether an actual conflict exists shall be decided by a majority vote of the members of the Board of Directors present, excluding the member concerning whom the existence of possible conflict of interest has been raised and any other member who has been previously disqualified because of a conflict of interest in the matter under consideration. If a conflict of interest is determined to exist by the Board, then the member or members having such conflict of interest shall relinquish their privileges as a member of the Board, such as voting and the making of motions, until the particular matter under consideration has been resolved by the Board, except that such member or members shall retain the same right to address the matter before the Board as any other member. The Board of Directors may establish appropriate guidelines to govern the activity of other persons employed by or otherwise service the corporation, with regard to possible conflict of interest. Membership of the Board of Directors or the existence of an affiliation between a particular business entity and a member of the Board of Directors, whether as an owner, partner, employee, agent or otherwise, shall not in and of itself preclude the establishment by the corporation of a business relationship with such member or entity; provided, that the corporation shall enter into such a relationship only when the Board of Directors determines that the best interests of the corporation will be served thereby and shall evidence such determination by the vote of a majority of the Directors present and qualified to vote on the matter on a question expressly directed toward the issue. In addition, the president of the association shall fill out a mandatory disclosure statement and a conflict of interest statement with the Illinois Department of Agriculture.

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