Montgomery County Cattlemens Association
- Assets
- $56.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mount Sterling, KY
- Founding
- 05/2006
- Data as of
- 12/2022
- EIN
- 06-1771612
Organization Overview
Montgomery County Cattlemens Association is located in Mount Sterling, KY. The organization was established in 2006. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Montgomery County Cattlemens Association is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2022, Montgomery County Cattlemens Association generated $32.4k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 12.7% each year . All expenses for the organization totaled $24.6k during the year ending 12/2022. While expenses have increased by 16.8% per year over the past 4 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Program Activity:
Part 3
THE PURPOSE OF THE ORGANIZATION IS EDUCATIONAL OR INSTRUCTIVE IN CHARACTER AND HAS AS IT'S OBJECTIVES THE BETTERMENT OF THE CONDITIONS OF THOSE ENGAGED IN SUCH PURSUITS AS THE IMPROVEMENT OF THE GRADE OF THEIR PRODUCTS AND THE DEVELOPENT OF A HIGHER DEGREE OF EFFICIENCY IN THEIR OCCUPATION IN THE CATTLE INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alice Ward Past President | 5 | $0 | |
Daniel Spencer President | 5 | $0 | |
Donna Amburgey Secretary/treasurer | 10 | $1,200 | |
Doyle King Director | 5 | $0 | |
Chad Murphy Director | 5 | $0 | |
John Arnold President Elect | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,975 |
| Total Program Service Revenue | $0 |
| Membership dues | $1,951 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $31 |
| Total Revenue | $32,427 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $1,200 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $6,291 |
| Printing, publications, postage, and shipping | $99 |
| Other expenses | $17,044 |
| Total expenses | $24,634 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $56,000 |
| Other assets | $0 |
| Total assets | $56,000 |
| Total liabilities | $0 |
| Net assets or fund balances | $56,000 |