Minnesota Turf Seed Council Inc
- Assets
- $373.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Roseau, MN
- Founding
- 12/1995
- Data as of
- 12/2022
- EIN
- 41-1583115
Organization Overview
Minnesota Turf Seed Council Inc is located in Roseau, MN. The organization was established in 1995. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, 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. Minnesota Turf Seed Council Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Minnesota Turf Seed Council Inc generated $156.6k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $171.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shelly Melby Treasurer | 1 | $1,200 | |
Richard Magnusson President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $155,930 |
| Membership dues | $0 |
| Investment income | $690 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $156,620 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $1,200 |
| Professional fees and other payments to independent contractors | $7,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $3,300 |
| Other expenses | $160,218 |
| Total expenses | $171,718 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $373,117 |
| Other assets | $0 |
| Total assets | $373,117 |
| Total liabilities | $0 |
| Net assets or fund balances | $373,117 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Iowa Farm Bureau Federation West Des Moines, IA | $1,514,260,280 | $86,995,533 |
Central Electric Cooperative Inc Mitchell, SD | $99,096,217 | $37,679,047 |
Iowa Corn Promotion Board Johnston, IA | $28,871,996 | $24,524,776 |
Iowa Corn Growers Association Johnston, IA | $20,295,827 | $19,989,952 |
Minnesota Corn Growers Association Burnsville, MN | $3,976,064 | $6,629,781 |
Seed Savers Exchange Inc Decorah, IA | $8,340,832 | $6,859,116 |
Wisconsin Soybean Marketing Board Inc Madison, WI | $9,285,621 | $7,489,309 |
Agricultural Utilization Research Institute Crookston, MN | $5,866,335 | $5,389,230 |
Eat Greater Des Moines Des Moines, IA | $273,044 | $4,607,206 |
Minnesota Dairy Herd Improvement Association Buffalo, MN | $3,993,278 | $4,605,052 |
South Dakota Beef Industry Council Inc Pierre, SD | $1,193,198 | $4,031,431 |
Wisconsin Farm Bureau Federation Cooperative Madison, WI | $4,550,092 | $4,122,654 |