Houston County Agricultural Society
- Assets
- $547.3k
- Revenue
- $264.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Caledonia, MN
- Founding
- 09/2017
- Data as of
- 09/2022
- EIN
- 41-6037302
Organization Overview
Houston County Agricultural Society is located in Caledonia, MN. The organization was established in 2017. 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. Houston County Agricultural Society 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 09/2022, Houston County Agricultural Society generated $264.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $223.7k during the year ending 09/2022. While expenses have increased by 3.3% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO FOSTER EDUCATIONAL PROGRAMS IN AGRICULTURAL CROPS LIVESTOCK, HORTICULTURE, MINING, MECHANICS, INDUSTRY, AND TO ENCOURAGE ENDEAVORS IN HUMAN ART INDUSTRY, WITH EMPHASIS ON 4-H CLUBS, FFA, AND YOUTH ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL 5 DAY COUNTY FAIR FEATURING 4-H PROJECTS, GRANDSTAND ENTERTAINMENT, OPEN EXHIBITS FOOD VENDORS.
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 |
|---|---|---|---|
Emily Johnson Fair Manager | OfficerTrustee | 12 | $3,500 |
Tonya Tewes Treasurer | OfficerTrustee | 1 | $2,500 |
Jessica Heberlein Secretary | OfficerTrustee | 1 | $1,500 |
Pat Molling President | OfficerTrustee | 1 | $1,000 |
Jon Kulas Vice President | OfficerTrustee | 1 | $500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $103,759 |
| Investment income | $48 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $35,105 |
| 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 | $264,421 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $3,650 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,515 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $7,934 |
| Office expenses | $3,793 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $46,751 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $34,480 |
| Insurance | $10,111 |
| All other expenses | $0 |
| Total functional expenses | $223,743 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $103,535 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $250 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $547,260 |
| Accounts payable and accrued expenses | $1,084 |
| 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 | $7,636 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $8,720 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $538,540 |