Pennsylvania Beef Council Inc
- Assets
- $925.4k
- Revenue
- $3.0m
- Investments
- $0.0
- Employees
- 7
- Location
- Bedford, PA
- Founding
- 08/1985
- Data as of
- 09/2024
- EIN
- 23-2001829
Organization Overview
Pennsylvania Beef Council Inc is located in Bedford, PA. The organization was established in 1985. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 09/2024, Pennsylvania Beef Council Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pennsylvania Beef Council Inc is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 09/2024, Pennsylvania Beef Council Inc generated $3.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $2.9m during the year ending 09/2024. While expenses have increased by 8.4% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE PENNSYLVANIA BEEF COUNCIL HAS BEEN ESTABLISHED FOR THE PURPOSES OF CONDUCTING BEEF PROMOTION, RESEARCH, CONSUMER AND INDUSTRY INFORMATION PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM EXPENSES INCLUDE PAYMENTS MADE FOR PROMOTION, CONSUMER INFORMATION, INDUSTRY RELATIONS, PRODUCER COMMUNICATIONS, BEEF QUALITY ASSURANCE, PROJECT AWARDS - FED. OF STATE BEEF COUNCILS, DEPRECIATION, AND AMORTIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marty Yahner Chair | OfficerTrustee | 2 | $0 |
Robert Supancik Vice Chair | OfficerTrustee | 2 | $0 |
Jodi Gauker Treasurer | OfficerTrustee | 2 | $0 |
Amy Hess Secretary | OfficerTrustee | 2 | $0 |
Gene Trowbridge Director | Trustee | 2 | $0 |
Glenn Gorrell Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,633,552 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,633,552 |
| Total Program Service Revenue | $907,506 |
| Investment income | $7,944 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,978,088 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $89,743 |
| Compensation of current officers, directors, key employees. | $17,949 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $352,008 |
| Pension plan accruals and contributions | $10,618 |
| Other employee benefits | $28,743 |
| Payroll taxes | $39,468 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,000 |
| Fees for services: Accounting | $18,483 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $33,512 |
| Information technology | $4,411 |
| Royalties | $0 |
| Occupancy | $11,880 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,900 |
| Payments to affiliates | $624,779 |
| Depreciation, depletion, and amortization | $8,148 |
| Insurance | $3,989 |
| All other expenses | $176,707 |
| Total functional expenses | $2,891,111 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $481,653 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $414,893 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,812 |
| Net Land, buildings, and equipment | $27,040 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $925,398 |
| Accounts payable and accrued expenses | $20,502 |
| Grants payable | $0 |
| Deferred revenue | $19,966 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $27,070 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,354 |
| Total liabilities | $68,892 |
| Net assets without donor restrictions | $747 |
| Net assets with donor restrictions | $855,759 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $925,398 |