Cooperative Network
- Assets
- $1.6m
- Revenue
- $1.1m
- Investments
- $36.0k
- Employees
- 5
- Location
- Madison, WI
- Founding
- 06/1970
- Data as of
- 08/2022
- EIN
- 39-1128018
Organization Overview
Cooperative Network is located in Madison, WI. The organization was established in 1970. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 08/2022, Cooperative Network employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cooperative Network is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 08/2022, Cooperative Network generated $1.1m 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 (19.1%) each year. All expenses for the organization totaled $870.2k during the year ending 08/2022. As we would expect to see with falling revenues, expenses have declined by (21.7%) per year over the past 7 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE, FOSTER, AND PROMOTE THE BETTER UNDERSTANDING OF THE PRINCIPLES AND PRACTICES OF COOPERATIVES; TO DO ALL THINGS NECESSARY FOR THE ADVANCEMENT OF COOPERATIVES; TO PROMOTE THE INTERESTS OF THE MEMBERS OF COOPERATIVES; AND TO FOSTER AND PROMOTE FURTHER GROWTH AND STRENGTHENING OF COOPERATIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COOPERATIVE NETWORK SERVED AS THE VOICE OF COOPERATIVES FROM MULTIPLE BUSINESS SECTORS THROUGHOUT WISCONSIN AND MINNESOTA VIA GOVERNMENT AFFAIRS, EDUCATION AND DEVELOPMENT, AND PUBLIC ADVOCACY. WITH MORE THAN 150 COOPERATIVE MEMBERS, COOPERATIVE NETWORK SUPPORTED THE COOPERATIVE BUSINESS MODEL WITH DIRECT LOBBYING SERVICES AND AN EXTENSIVE COMMUNICATION AND PROFESSIONAL DEVELOPMENT PORTFOLIO.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Smith President And CEO | Officer | 40 | $149,165 |
Dawn Bausch VP Of Administration | Officer | 40 | $100,369 |
David Johnsrud Chair | OfficerTrustee | 1 | $0 |
Sadie Frericks Treasurer/secretary | OfficerTrustee | 1 | $0 |
Christa Hoffman Vice Chair | OfficerTrustee | 1 | $0 |
Marie Barry Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $170,831 |
| 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 | $170,831 |
| Total Program Service Revenue | $908,070 |
| Investment income | $14,757 |
| 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 | $1,095,788 |
| 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. | $282,755 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $214,943 |
| Pension plan accruals and contributions | $99,871 |
| Other employee benefits | $43,326 |
| Payroll taxes | $35,632 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,159 |
| Fees for services: Accounting | $46,098 |
| 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 | $27,558 |
| Information technology | $20,561 |
| Royalties | $0 |
| Occupancy | $39,079 |
| Travel | $5,918 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,659 |
| Interest | $6,073 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,966 |
| Insurance | $17,758 |
| All other expenses | $0 |
| Total functional expenses | $870,187 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $998,589 |
| Savings and temporary cash investments | $201,722 |
| Pledges and grants receivable | $70,000 |
| Accounts receivable, net | $34,209 |
| 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 | $53,895 |
| Net Land, buildings, and equipment | $19,957 |
| Investments—publicly traded securities | $163,337 |
| Investments—other securities | $36,000 |
| Investments—program-related | $15,766 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,593,475 |
| Accounts payable and accrued expenses | $13,631 |
| Grants payable | $0 |
| Deferred revenue | $279,867 |
| 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 | $153,030 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $446,528 |
| Net assets without donor restrictions | $1,146,947 |
| Net assets with donor restrictions | $0 |
| 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 | $1,593,475 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Cooperative Network has recieved totaling $42,200.
| Awarding Organization | Amount |
|---|---|
National Rural Utilities Cooperative Finance Corp Dulles, VA PURPOSE: EDUCATIONAL FUND-WISCONSIN YOUTH LEADERSHIP CONGRESS | $42,200 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Illinois Agricultural Association Bloomington, IL | $66,126,421 | $53,830,805 |
United Brotherhood Of Carpenters & Joiners Of America Chicago, IL | $110,214,946 | $45,299,424 |
International Union Of Operating Engineers 150 Countryside, IL | $120,458,084 | $50,201,834 |
Education Minnesota St Paul, MN | $66,283,893 | $38,243,817 |
Chicago Federation Teachers Union Chicago, IL | $16,308,443 | $32,429,863 |
Service Employees International Union Local 1 Chicago, IL | $12,557,999 | $30,120,260 |
Pipe Fitters Training Fund Mokena, IL | $67,804,506 | $30,663,437 |
United Association Of Journeymen & Apprentices Of The Plumbing & Pipe Chicago, IL | $44,527,924 | $24,662,061 |
American Federation Of Teachers Westmont, IL | $27,833,532 | $25,589,628 |
International Brotherhood Of Electrical Workers Chicago, IL | $61,202,131 | $32,517,419 |
Electrical Workers Local No 292 Vacation & Holliday Tr Fund Maple Grove, MN | $1,897,234 | $20,526,517 |
American Federation Of State County & Municipal Employees South St Paul, MN | $13,971,219 | $24,500,576 |