Minnesota Elk Breeders Association Inc
- Assets
- $47.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Howard Lake, MN
- Founding
- 07/2010
- Data as of
- 12/2021
- EIN
- 41-1757664
Organization Overview
Minnesota Elk Breeders Association Inc is located in Howard Lake, MN. The organization was established in 2010. According to its NTEE Classification (K26) the organization is classified as: Animal Husbandry, 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 Elk Breeders Association 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, Minnesota Elk Breeders Association Inc generated $39.2k 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 (4.7%) each year. All expenses for the organization totaled $38.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.8%) per year over the past 7 years. 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 |
|---|---|---|---|
Lance Hartkopf Director | 1 | $0 | |
Mark Luedtke President | 2 | $0 | |
Brian Wagner Secreatry/tr | 2 | $0 | |
Greg Lubinski Director | 1 | $0 | |
Kraig Wurst Vice Preside | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,520 |
| Total Program Service Revenue | $0 |
| Membership dues | $8,220 |
| Investment income | $20 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $17,161 |
| Other Revenue | $245 |
| Total Revenue | $39,199 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $27,693 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $10,418 |
| Total expenses | $38,111 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $31,364 |
| Other assets | $0 |
| Total assets | $47,767 |
| Total liabilities | $10,881 |
| Net assets or fund balances | $36,886 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Minnesota Dairy Herd Improvement Sauk Centre, MN | $1,637,297 | $2,255,474 |
Minnesota Pork Board Mankato, MN | $1,571,929 | $2,086,789 |
South Dakota Producers Council Sioux Falls, SD | $1,200,455 | $1,325,308 |
Dairy Business Association Inc Green Bay, WI | $1,517,928 | $864,691 |
Midwest Poultry Federation Inc Buffalo, MN | $409,612 | $926,298 |
Brown Swiss Cattle Breeders Assn Of The U S A Inc Beloit, WI | $739,489 | $682,804 |
North Central Poultry Association Urbandale, IA | $1,244,126 | $668,035 |
South Dakota Cattlemens Foundation De Smet, SD | $0 | $585,344 |
Iowa Turkey Federation Inc Ames, IA | $546,913 | $495,294 |
National Mastitis Council Inc New Prague, MN | $567,258 | $389,260 |
National Dairy Herd Improvement Association Inc Verona, WI | $681,227 | $489,608 |
Monroe County Co-Op Dairy Herd Improvement Association Sparta, WI | $136,775 | $320,594 |