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2020 Annual Report Contents 2020 ANNUAL REPORT CONTENTS 2020 AQHA Annual Report 3 President’s Letter 4 Horse Population 8 Membership 10 Ownership 11 Shows 15 Ranching 16 Publications 18 Racing and Bank of America Racing Challenge Championships 19 Other Programs & Services Information 20 Financial Statements inside back Past Presidents cover DOUG MCELREATH PRESIDENT F.E. "Butch" Wise, El Reno, Oklahoma AQHA FIRST VICE PRESIDENT Norman K. Luba, Louisville, Kentucky 2020-2021 SECOND VICE PRESIDENT Dr. Scott Myers, Sharon Center, Ohio Executive MEMBER Kenneth Banks, Schulenburg, Texas Committee MEMBER James "Jim" Hunt, Faith, South Dakota PRESIDENT’S LETTER Dear AQHA Members, DOUG MCELREATH I am truly honored to have served as the Association’s 71st president. Additionally, I am extremely proud of the accomplishments AQHA has achieved for this Association, especially during a worldwide pandemic. 2020 was indeed a challenging year in many respects, but I can assure you that the combined strengths of the AQHA Executive Committee and our AQHA leadership teams, which included staff, committees and councils, were all constantly hard at work to advance our Association. Above all, the pandemic highlighted the strength within our industry and the common bond that unites us during difficult times and to focus on what brings hope and joy to our lives, the American Quarter Horse. At the beginning of my term, I conveyed my commitment to our members, which focused on animal welfare, financial sustainability, technology advancements, enhancing the speed-event industry, maintaining our ranching heritage, expanding our international focus, promoting the AQHA Racing Challenge and educating AQHA judges and stewards. What never ceases to amaze me, whether I am viewing the Association as a member or the president, is the vast depth of commitment of our membership, the versatility of our American Quarter Horse and the footprint of our horse around the globe. For the first time since 2007, AQHA saw a year-over-year increase in membership with more than 226,500 members worldwide. In addition, the Association surpassed more than 6 million horses registered since 1940. The growth among our membership and registered horses proves that our American Quarter Horse industry is alive and well! Although it was a challenge to navigate the transition to a new computer system and website in 2019, the technology advancements achieved since then allowed us to continue servicing our customers and grow our membership in the midst of the pandemic. Not only were we able to sustain as a business, but AQHA staff worked diligently to continually enhance the new computer system, completing more than 500 improvements/fixes after our warranty ended. They continue to work on additional system improvements to expand the AQHA experience for our members and customers. Some of the enhancements include: • A copy of the certificate of registration is automatically emailed to the owner upon completion of a transfer, correction or registration application. • Invoices are now emailed and can be paid online. • Introduced an electronic method for quality control of certificates and invoices, which saves significant time and expense. • Modified the software to support several new show classes. • Owners can report online when their horses are microchipped. • Exhibitors can enter AQHA championship shows online. • DNA kits can now be emailed. • Rollout of the newly enhanced QStallions, the hugely popular breeding resource. • A complete remake of The American Quarter Horse Journal, making it one of the most successful equine publications today. • The opening of AQHA Service Centers at Heritage Place Inc. in Oklahoma City and the Ohio Quarter Horse Association headquarters in Columbus, Ohio. In addition to technology advancements, AQHA established a Project Management Office. By providing a framework for governance and creating repeatable processes, the PMO provides efficiencies in planning, managing and providing milestone deliverables while promoting accountability across the organization. AQHA also utilizes Domo, a cloud-based business intelligence platform that allows us to track transactional work, revenue and expenses plus creating historic trend analysis of our business. This assists us in understanding the impacts of seasonal timing of revenue and expenses, how best to manage our cash position and our ability to forecast the future. The Executive Committee and staff are committed to continuing to stay on a financially sustainable path that assures AQHA’s future. As part of this commitment, the Association has not drawn from reserves in more than two years and has been able to reinvest capital into our reserves investment portfolio. These enhancements have made a significant impact on the operations of the Association and improved AQHA programs and events for our members worldwide. With the right foundation in place, the future is limitless for AQHA with regard to the services we provide to our members. I’m leaving the Association in great hands with a forward-thinking and business-minded Executive Committee and AQHA leadership team in 2021. I would also like to extend my personal thanks to AQHA Executive Vice President Craig Huffhines for the leadership he brought to the table during my term. His invaluable dedication to AQHA and steady hand on the wheel resulted in AQHA navigating the significant obstacles presented to us over the past year because of the coronavirus. As AQHA members, your love of the horse and love of the lifestyle can only be protected by your involvement at a local, state, national and worldwide level. We need your experience, knowledge and passion to continue to grow as an association. Get involved and make a difference in AQHA! On behalf of the AQHA Executive Committee, thank you for sharing your passion with us and being a member of our AQHA family. Sincerely, F.E. “Butch” Wise 2020-2021 AQHA President AMERICAN QUARTER HORSES UNITED STATES POPULATION TOP POPULATIONS BY STATE, PROVINCE AND COUNTRY HORSE POPULATION1 NEW REGISTRATIONS2 CHANGE FROM CHANGE FROM 2020 PREVIOUS YEAR 2020 PREVIOUS YEAR TOP FIVE STATES Alabama 40,839 -110 770 126 1. Texas 422,539 Alaska 1,321 7 10 -3 2. Oklahoma 162,539 Arizona 56,694 3,933 1,796 677 3. California 110,977 Arkansas 52,533 887 1,275 255 4. Missouri 93,627 California 110,977 2,159 3,026 478 5. Montana 87,366 Colorado 80,377 943 2,041 446 Connecticut 2,402 56 21 13 TOP FIVE PROVINCES Delaware 969 36 17 9 1. Alberta 110,636 Florida 54,491 2,543 1,292 286 2. Saskatchewan 47,297 Georgia 38,877 480 775 167 3. Manitoba 24,930 Hawaii 2,753 137 63 4 4. British Columbia 24,598 Idaho 61,639 1,596 1,757 191 5. Ontario 21,901 Illinois 37,178 860 960 317 Indiana 33,477 709 738 200 TOP 10 COUNTRIES BY POPULATION Iowa 62,967 1,179 1,831 236 1. United States 2,411,927 Kansas 70,938 268 1,945 160 2. Canada 246,647 Kentucky 30,661 663 664 134 3. Mexico 45,612 Louisiana 52,258 690 1,429 68 4. Germany 39,661 Maine 2,396 77 31 15 5. Italy 26,139 Maryland 5,458 94 100 38 6. France 10,281 Massachusetts 2,492 47 24 7 7. Austria 5,926 Michigan 27,555 661 568 150 8. Brazil 5,403 Minnesota 45,374 844 1,031 165 9. Belgium 5,173 Mississippi 40,285 609 850 280 10. Netherlands 4,068 Missouri 93,627 1,578 2,544 463 Montana 87,366 1,269 2,625 182 Nebraska 79,428 1,029 2,363 89 Nevada 20,841 477 571 -66 New Hampshire 1,526 49 16 10 New Jersey 3,939 36 65 27 New Mexico 49,536 262 1,358 68 New York 15,387 413 236 113 North Carolina 32,062 710 595 187 North Dakota 51,488 1,048 1,868 103 Ohio 41,163 855 922 231 Oklahoma 162,539 2,739 4,802 69 Oregon 48,511 1,159 1,347 189 Pennsylvania 24,327 510 448 24 Rhode Island 364 -5 7 4 South Carolina 15,747 534 353 107 South Dakota 80,956 1,725 2,922 230 Tennessee 41,443 1,037 950 171 Texas 422,539 9,201 14,193 2,398 Utah 59,297 2,710 2,222 585 Vermont 1,744 3 17 10 Virginia 18,004 419 293 74 Washington 44,805 924 1,140 232 Washington, D.C. 81 3 1 1 West Virginia 7,902 193 161 35 Wisconsin 32,863 757 779 203 Wyoming 59,346 1,731 1,841 250 TOTAL US 2,411,927 50,734 67,653 10,408 TOTAL POPULATION & REGISTRATIONS United States 2,411,927 50,734 67,653 10,408 International 426,977 12,366 13,698 2,288 (including Canada) GRAND TOTAL 2,838,904 63,100 81,213 21,558 1 Figures reflect elimination of all horses age 25 and over unless the owner(s) submitted documentation proving the horse is living. 2 Reflects the number of American Quarter Horses registered during 2020 to residents within the state, province or country. AMERICAN QUARTER HORSES INTERNATIONAL POPULATION HORSE POPULATION1 NEW REGISTRATIONS2 HORSE POPULATION1 NEW REGISTRATIONS2 CHANGE FROM CHANGE FROM CHANGE FROM CHANGE FROM 2020 PREVIOUS YEAR 2020 PREVIOUS YEAR 2020 PREVIOUS YEAR 2020 PREVIOUS YEAR Argentina 1,675 -67 2 -7 Ireland 115 17 1 1 Australia 2,695 50 4 -54 Isle Of Man 2 1 0 0 Austria 5,926 331 237 35 Israel 2,722 139 91 29 Bahamas 6 0 0 0 Italy 26,139 1,215 1,176 323 Belarus 4 2 1 1 Japan 540 4 6 -1 Belgium 5,173 324 288 88 Korea 16 0 0 0 Belize 4 1 1 1 Liechtenstein 18 0 0 0 Bolivia 1 0 0 0 Lithuania 3 0 0 0 Bosnia and Herzegovina 6 1 1 1 Luxembourg 409 43 23 14 Botswana 5 0 0 0 Macao 2 0 0 0 Brazil 5,403 60 20 -63 Malta 2 0 0 0 Bulgaria 22 4 1 1 Martinique 2 0 0 0 Cameroon 2 0 0 0 Mexico 45,612 3,664 2,419 601 Canada (total) 246,647 4,131 6,261 442 Monaco 1 -2 0 0 Alberta 110,636 1,388 2,828 286 Namibia 41 0 0 0 British Columbia 24,598 589 542 151 Netherlands 4,068 162 146 61 Manitoba 24,930 -21 802 -126 New Caledonia 50 1 0 0 New Brunswick 1,318 44 23 8 New Zealand 483 4 0 -20
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