Mid America Cooperative Council Inc
- Assets
- $4.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Piketon, OH
- Founding
- 02/2004
- Data as of
- 12/2021
- EIN
- 03-0500824
Organization Overview
Mid America Cooperative Council Inc is located in Piketon, OH. The organization was established in 2004. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Mid America Cooperative Council Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mid America Cooperative Council Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Mid America Cooperative Council Inc generated $78.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (12.0%) each year. All expenses for the organization totaled $91.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (9.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO FOSTER AND PROMOTE COOPERATIVES BY EDUCATING,TRAINING AND PROVIDING DEVELOPMENT OPPORTUNITIES FOR EMPLOYEES, DIRECTORS, AND MEMBERS OF COOPERATIVES. THERE WERE APPROXIMATELY 80 MEMBERS SERVED THIS YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erin Cumings Director | 0.25 | $0 | |
Brock Burcham Treasurer | 0.25 | $0 | |
Kristen Faucon Secretary | 0.25 | $0 | |
Kevin Walker Director | 0.25 | $0 | |
Michael Minnihan Chair | 0.25 | $0 | |
Heather Mccann Vice Chair | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $78,265 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $78,265 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $87,691 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,558 |
| Total expenses | $91,249 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,069 |
| Other assets | $0 |
| Total assets | $4,069 |
| Total liabilities | $0 |
| Net assets or fund balances | $4,069 |
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