Part VI = Line 2
“Mark Walker and Tina Schrock are cousins. Tim Searle and Michele Monier Searle are husband and wife.”
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
Scores are not available for this record yet.
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.
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.
Most recent year
2025 • Form 990Detailed filing. Detailed filing data is available for this year.
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
| Line | Beginning | End | Change |
|---|---|---|---|
| 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 |
| Name | Title | Base | Total |
|---|---|---|---|
| Tina Schrock | Secretary/Treasurer | $7,500 | $7,500 |
| LeAnn Shinn | Asst. Secretary/Treasurer | $5,930 | $5,930 |
| Name | Title |
|---|---|
| Mark Walker | President |
| George Pollock | 1st Vice President |
| Randy Callahan | 2nd Vice President |
| Brad Dye | Director |
| Dave Brooks | Director |
| Dean Wetherell | Director |
| Ed Teefey | Director |
| Evan Hall | Director |
| Jim Austin | Director |
| Mary Lou Wright | Director |
| Michelle Searle | Director |
| Rick Flacco | Director |
| Stacy DeRousse | Director |
| Tannor Spittler | Director |
| Tim Searle | Director |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Jacquavyian Carter | Stall Cleaner | 140 Patton Dr, Clinton, MS 39056 | $8,112 |
| Tina Schrock | Clerk/Sec-Treasurer | 7495 N Cantrall Creek Rd, Cantrall, IL 62625 | $7,600 |
| R LeAnn Shinn | Clerk/ Asst. Sec/Tre | 303 Orchard Dr, Newton, IL 62448 | $6,780 |
| Michelle Cornman | Stall Cleaner | 1921 W Adams, Herrin, IL 62948 | $5,656 |
| Brady Schrock | Stall Cleaner | 7495 N Cantrall Creek Rd, Cantrall, IL 62625 | $4,002 |
| Line Item | Amount |
|---|---|
| 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 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| 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 |
| Line Item | Amount |
|---|---|
| Fundraising Direct Expenses | $0 |
| Fundraising Gross Income | $0 |
| Gaming Direct Expenses | $0 |
| Gaming Gross Income | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| 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 |
“Mark Walker and Tina Schrock are cousins. Tim Searle and Michele Monier Searle are husband and wife.”
“Due to a rainout, $6,495 will be distributed to fairs remaining in FY '26 to be held in June 2026.”
“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”
“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.”
“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.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | Secretary/Treasurer |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | Asst. Secretary/Treasurer |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | President |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | 1st Vice President |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | 2nd Vice President |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | Director |
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| IRS990/FormationYr | 0 | 2025 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/FundraisingDirectExpensesAmt | 0 | 0 |
| IRS990/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GamingDirectExpensesAmt | 0 | 0 |
| IRS990/GamingGrossIncomeAmt | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 34 |
| IRS990/GovernmentGrantsAmt | 0 | 797042 |
| IRS990/GrantAmt | 0 | 797042 |
| IRS990/GrantsPayableGrp/BOYAmt | 0 | 0 |
| IRS990/GrantsPayableGrp/EOYAmt | 0 | 0 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 0 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 0 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 1022088 |
| IRS990/GrossSalesOfInventoryAmt | 0 | 0 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
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| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
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| IRS990/InitialReturnInd | 0 | X |
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| IRS990/IntangibleAssetsGrp/BOYAmt | 0 | 0 |
| IRS990/IntangibleAssetsGrp/EOYAmt | 0 | 0 |
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| IRS990/InventoriesForSaleOrUseGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 6889 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
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| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentsProgramRelatedGrp/BOYAmt | 0 | 0 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 101 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
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| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | IL |
| IRS990/LoanOutstandingInd | 0 | false |
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| IRS990/LoansFromOfficersDirectorsGrp/EOYAmt | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | true |
| IRS990/MethodOfAccountingCashInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt | 0 | 29800 |
| IRS990/MissionDesc | 0 | 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 |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
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| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 41233 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 41233 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/TotalAmt | 0 | 0 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 1637 |
| IRS990/OfficerMailingAddressInd | 0 | true |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 0 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | TROPHIES |
| IRS990/OtherExpensesGrp/Desc | 1 | MEMORIAL |
| IRS990/OtherExpensesGrp/Desc | 2 | REPAIRS |
| IRS990/OtherExpensesGrp/Desc | 3 | STAKE & EVENT PURSES |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 527 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 69 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 54 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 906647 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | REIMBURSEMENT FOR INSURANCE |
| IRS990/OtherRevenueMiscGrp/Desc | 1 | REIMBURSEMENT FOR STALL CLEANING |
| IRS990/OtherRevenueMiscGrp/Desc | 2 | ADMINISTRATIVE ALLOWANCE FROM DEPT. OF AG |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 10940 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 1 | 24660 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 2 | 13500 |
| IRS990/OtherRevenueTotalAmt | 0 | 78900 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 0 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 0 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 0 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PaymentsToAffiliatesGrp/TotalAmt | 0 | 0 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 0 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 0 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 0 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | R LeAnn Shinn |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | STAKE NOMINATIONS |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 116100 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 0 |
| IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 0 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 0 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 0 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 0 |
| IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt | 0 | 0 |
| IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt | 0 | 0 |
| IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt | 0 | 0 |
| IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 41233 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
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