Illinois Holstein Association
- Assets
- $230.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 3
- Location
- Gridley, IL
- Founding
- 10/1968
- Data as of
- 12/2021
- EIN
- 36-6092114
Organization Overview
Illinois Holstein Association is located in Gridley, IL. The organization was established in 1968. 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 12/2021, Illinois Holstein Association employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Illinois Holstein 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 12/2021, Illinois Holstein Association generated $55.1k 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 (21.3%) each year. All expenses for the organization totaled $54.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (21.3%) 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
THE ORGANIZATION PROMOTES THE HOLSTEIN INDUSTRY THROUGH CATTLE SHOWS AND SALES, PUBLICATIONS AND ADVERTISING. MEMBERSHIP AND YOUTH PROGRAMS ENCOURAGE CONTINUED INTEREST IN THE HOLSTEIN BREED OF CATTLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carol Jones Treasurer | 5 | $4,500 | |
Sarah Lenkaitis Secretary | 5 | $4,500 | |
Steve Irwin Past President | 1 | $0 | |
Aaron Mitchell Director | 1 | $0 | |
Lucas Clanton Director | 1 | $0 | |
Herb Schmiedeskamp President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $17,200 |
| Membership dues | $23,263 |
| Investment income | $9,607 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,070 |
| Other Revenue | $3,987 |
| Total Revenue | $55,127 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $9,000 |
| Professional fees and other payments to independent contractors | $2,999 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $237 |
| Other expenses | $41,830 |
| Total expenses | $54,066 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $230,153 |
| Other assets | $0 |
| Total assets | $230,153 |
| Total liabilities | $0 |
| Net assets or fund balances | $230,153 |
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