Wisconsin Farm Technology Days Inc
- Assets
- $643.9k
- Revenue
- $181.0k
- Investments
- $0.0
- Employees
- 3
- Location
- Verona, WI
- Founding
- 04/1957
- Data as of
- 12/2021
- EIN
- 39-6077230
Organization Overview
Wisconsin Farm Technology Days Inc is located in Verona, WI. The organization was established in 1957. 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, Wisconsin Farm Technology Days Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wisconsin Farm Technology Days 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, Wisconsin Farm Technology Days Inc generated $181.0k 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 (28.1%) each year. All expenses for the organization totaled $264.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (23.7%) 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THREE DAY OUTDOOR EXPOSITION TO SHOWCASE LATEST IMPROVEMENTS IN PRODUCTION AGRICULTURE
Describe the Organization's Program Activity:
Part 3 - Line 4a
THIS ASSOCIATION WAS FORMED AS A MEETING GROUND FOR FARMERS AND THE AGRICULTURAL INDUSTRY. THE INCOME AND EXPENSES AS SHOWN WERE FOR THE PURPOSE OF DEMONSTRATING MODERN FARMING TECHNIQUES TO FARMERS AND VARIOUS INDUSTRIAL AND EDUCATION INSTITUTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mattew J Glewen General Mang | Officer | 40 | $55,596 |
Arnie Jennerman General Mana | Officer | 40 | $53,000 |
Greg Dziedzic Executive Co | OfficerTrustee | 2 | $0 |
Jack Kaltenberg Executive Co | OfficerTrustee | 2 | $0 |
Anna Maenner Secretary/tr | OfficerTrustee | 2 | $0 |
Steve Pesik Vice Chair | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $27,624 |
| 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 | $27,624 |
| Total Program Service Revenue | $139,749 |
| Investment income | $13,635 |
| 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 | $181,008 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $108,596 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $11,631 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,236 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,420 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $57,536 |
| Office expenses | $9,558 |
| Information technology | $5,393 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $16,082 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,360 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $28,343 |
| Insurance | $2,768 |
| All other expenses | $0 |
| Total functional expenses | $264,423 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $77,491 |
| Savings and temporary cash investments | $211,946 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $48,630 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $305,882 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $643,949 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $643,949 |
| 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 | $643,949 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Wisconsin Farm Technology Days Inc has recieved totaling $16,000.
| Awarding Organization | Amount |
|---|---|
Eau Claire Area Convention And Visitors Bureau Inc Eau Claire, WI PURPOSE: TOURISM GRANTS | $16,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Iowa Farm Bureau Federation West Des Moines, IA | $1,514,260,280 | $86,995,533 |
Iowa Corn Promotion Board Johnston, IA | $28,871,996 | $24,524,776 |
Iowa Corn Growers Association Johnston, IA | $20,295,827 | $19,989,952 |
Midwest Oper Engineers Construction Industry Research & Serv Tr Fund Countryside, IL | $12,085,029 | $17,769,884 |
Illinois Soybean Board Bloomington, IL | $24,441,630 | $21,800,549 |
Food Export Association Of The Midwest Usa Chicago, IL | $3,109,779 | $15,548,836 |
Illinois Corn Marketing Board Bloomington, IL | $11,624,886 | $11,889,515 |
Illinois Farm Business Farm Management Association Urbana, IL | $13,036,050 | $15,163,165 |
Michigan Farm Bureau Lansing, MI | $21,991,749 | $13,489,298 |
Michigan Dairymens Market Program Novi, MI | $2,715,772 | $11,716,586 |
Minnesota Corn Growers Association Burnsville, MN | $3,976,064 | $6,629,781 |
National Snaffle Bit Association Inc Gurnee, IL | $5,863,990 | $6,575,627 |