Agricap Fund Inc

Organization Overview

Agricap Fund Inc is located in Sioux Falls, SD. The organization was established in 2009. According to its NTEE Classification (K03) the organization is classified as: Professional Societies & Associations, 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. Agricap Fund 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 12/2021, Agricap Fund Inc generated $234.1k 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 (23.3%) each year. All expenses for the organization totaled $90.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO IMPROVE THE CONDITIONS, EFFICIENCY, AND ECONOMIC GROWTH IN A CHANGING AGRICULTURE ENVIRONMENT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FUND IS ORGANIZED TO: (I) IMPROVE THE CONDITIONS OF SOUTH DAKOTA CORN PRODUCERS THROUGH THE PRESERVATION AND IMPROVEMENT OF EXISTING FARM PRACTICES. (II) DEVELOP A HIGH DEGREE OF EFFICIENCY IN AGRICULTURE AND RELATED FIELDS THROUGH THE RESEARCH, DEVELOPMENT AND PROMOTION OF LIVE SCIENCES AND TECHNOLOGY. (III) PROVIDE ITS MEMBERS WITH THE OPPORTUNITY FOR LASTING ECONOMIC GROWTH IN A CHANGING AGRICULTURE ENVIRONMENT. IN ADDITION, THE FUND MAY ENGAGE IN SUCH OTHER PURPOSES AS ARE ALLOWED TO A NONPROFIT CORPORATION UNDER LAW AND AS AUTHORIZED BY THE BOARD OF DIRECTORS.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Scott Stahl
President
$0
Mike Jaspers
Secretary/tr
$0
Lisa Richardson
Secretary/tr
$0
Robert Walsh
Vice Preside
$0
Grant Rix
Director
$0
Ryan Wagner
Director
$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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $238,232
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$4,116
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $234,116

Create an account to unlock the data you need.

or