Minnesota Turkey Growers Association Inc
- Assets
- $1.0m
- Revenue
- $466.3k
- Investments
- $0.0
- Employees
- 6
- Location
- Buffalo, MN
- Founding
- 06/1949
- Data as of
- 02/2024
- EIN
- 41-0679860
Organization Overview
Minnesota Turkey Growers Association Inc, operating under the name Mtga, is located in Buffalo, MN. The organization was established in 1949. According to its NTEE Classification (K28) the organization is classified as: Farm Bureaus & Granges, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 02/2024, Mtga employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mtga 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 02/2024, Mtga generated $466.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $500.2k during the year ending 02/2024. While expenses have increased by 3.1% per year over the past 8 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
DEDICATED TO FOSTERING A SUCCESSFUL MINNESOTA TURKEY INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THROUGH ADVOCACY, RESEARCH SUPPORT, PROMOTIONAL ACTIVITIES AND AS INFORMATION RESOURCE, THE ASSOCIATION FOSTERS A SUCCESSFUL MINNESOTA TURKEY INDUSTRY AND ITS ABILITY TO MAKE CONTRIBUTIONS TO CONSUMERS, THE ECONOMY, AND THE ENVIRONMENT. MINNESOTA IS CURRENTLY RANKED NUMBER 1 FOR TURKEY PRODUCTION AND PROCESSING IN THE UNITED STATES WITH ITS 250 TURKEY FARMERS RAISING APPROXIMATELY 46 MILLION TURKEYS IN ANNUALLY.
THROUGH ADVOCACY, RESEARCH SUPPORT, PROMOTIONAL ACTIVITIES AND AS INFORMATION RESOURCE, THE ASSOCIATION FOSTERS A SUCCESSFUL MINNESOTA TURKEY INDUSTRY AND ITS ABILITY TO MAKE CONTRIBUTIONS TO CONSUMERS, THE ECONOMY, AND THE ENVIRONMENT. MINNESOTA IS CURRENTLY RANKED NUMBER 1 FOR TURKEY PRODUCTION AND PROCESSING IN THE UNITED STATES WITH ITS 250 TURKEY FARMERS RAISING APPROXIMATELY 46 MILLION TURKEYS IN ANNUALLY.
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) | Role | Hours | Compensation |
|---|---|---|---|
Ashley Kohls Executive Di | 40 | $104,571 | |
Nate Van Beck Director | Trustee | 1 | $0 |
Barry Koppen Director | Trustee | 1 | $0 |
Corey Nelson Treasurer | OfficerTrustee | 4 | $0 |
Dr Jill Nezworski Director | Trustee | 1 | $0 |
Rj Orsten Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $44,569 |
| 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 | $44,569 |
| Total Program Service Revenue | $370,154 |
| Investment income | $25,741 |
| 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 | $466,254 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $10,000 |
| Grants and other assistance to domestic individuals. | $2,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $167,767 |
| Pension plan accruals and contributions | $2,819 |
| Other employee benefits | $5,905 |
| Payroll taxes | $14,657 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,837 |
| Fees for services: Accounting | $15,027 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $27,718 |
| Advertising and promotion | $1,329 |
| Office expenses | $28,414 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $11,747 |
| Travel | $2,092 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $25,081 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,624 |
| Insurance | $6,016 |
| All other expenses | $0 |
| Total functional expenses | $500,212 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,401 |
| Savings and temporary cash investments | $655,422 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $25,951 |
| 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 | $12,356 |
| Net Land, buildings, and equipment | $291,198 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $867 |
| Other assets | $28,514 |
| Total assets | $1,035,709 |
| Accounts payable and accrued expenses | $43,888 |
| Grants payable | $0 |
| Deferred revenue | $27,987 |
| 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 | $28,513 |
| Total liabilities | $100,388 |
| Net assets without donor restrictions | $935,321 |
| 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 | $1,035,709 |
Grants Awarded
Over the last fiscal year, Minnesota Turkey Growers Association Inc has awarded $41,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
HUNGER SOLUTIONS MINNESOTA PURPOSE: Assistance provided to highlight and support the necessary role that the turkey industry plays in providing food supplies required to provide hunger relief. | $11,000 |
A GREATER MINNESOTA PURPOSE: Assistance provided to highlight and support the education making Minnesota a leader in farm and food research and inovation. | $30,000 |