Illinois Agricultural Resource Council Inc
- Assets
- $21.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ottawa, IL
- Founding
- 07/2008
- Data as of
- 01/2022
- EIN
- 20-3374637
Organization Overview
Illinois Agricultural Resource Council Inc is located in Ottawa, IL. The organization was established in 2008. According to its NTEE Classification (K05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Illinois Agricultural Resource Council Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 01/2022, Illinois Agricultural Resource Council Inc generated $12.7k 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 (11.1%) each year. All expenses for the organization totaled $17.8k during the year ending 01/2022. As we would expect to see with falling revenues, expenses have declined by (9.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Penny Lauritzen Vice-President | 5 | $0 | |
Kristina Jacobs President | 5 | $0 | |
Nathalie Schmidt Treasurer | 5 | $0 | |
Sarah Michaels Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,550 |
| Total Program Service Revenue | $162 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $12,712 |
| 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 | $225 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,198 |
| Total expenses | $17,803 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $21,701 |
| Other assets | $0 |
| Total assets | $21,701 |
| Total liabilities | $0 |
| Net assets or fund balances | $21,701 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Illinois Agricultural Resource Council Inc has recieved totaling $6,500.
| Awarding Organization | Amount |
|---|---|
The Chicago Community Trust Chicago, IL PURPOSE: See attached. | $6,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Illinois Nutrient Research And Education Council Springfield, IL | $3,038,891 | $3,506,512 |
Dairy Science Institute Inc Rosemont, IL | $22,910,227 | $24,911,237 |
Chicago Food Policy Advisory Council Nfp Chicago, IL | $1,547,669 | $2,876,352 |
Reap Food Group Inc Madison, WI | $499,426 | $733,413 |
Iowa Citizens For Community Improvement Action Fund Des Moines, IA | $868,282 | $491,082 |
Protect The Harvest Brownsburg, IN | $214,870 | $378,259 |
Grassworks Inc West Bend, WI | $63,784 | $0 |
High Arctic Institute Incorporated Orion, IL | $87,997 | $0 |
Illinois Agricultural Resource Council Inc Ottawa, IL | $21,701 | $0 |
Muscatine Island Truck Growers Association Fruitland, IA | $433,319 | $19,639 |
Southern Soybean Research Program Inc Princeton, KY | $68,464 | $0 |
Northwest Iowa Experimental Farm Association Sutherland, IA | $2,579,197 | $29,587 |