Minnesota Vegetable Growers Association
- Assets
- $92.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bagley, MN
- Founding
- 03/1966
- Data as of
- 12/2023
- EIN
- 41-6030048
Organization Overview
Minnesota Vegetable Growers Association is located in Bagley, MN. The organization was established in 1966. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minnesota Vegetable Growers Association is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2023, Minnesota Vegetable Growers Association generated $50.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (15.8%) each year. All expenses for the organization totaled $55.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (20.8%) per year over the past 5 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 |
|---|---|---|---|
Terrance Nennich President | 5 | $0 | |
Gary Pahl Vice Preside | 5 | $0 | |
Rick Abrahanson Secretary | 2 | $0 | |
Erick Hieman Treasurer | 2 | $0 | |
Tom Gregor Board Member | 0 | $0 | |
Dave Nathe Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,550 |
| Total Program Service Revenue | $34,312 |
| Membership dues | $10,200 |
| Investment income | $271 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $50,333 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $55,116 |
| Total expenses | $55,116 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $92,263 |
| Other assets | $0 |
| Total assets | $92,263 |
| Total liabilities | $0 |
| Net assets or fund balances | $92,263 |