Minnesota Turkey Research And Promotional Council
- Assets
- $1.3m
- Revenue
- $830.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Buffalo, MN
- Founding
- 08/1967
- Data as of
- 02/2024
- EIN
- 41-6058096
Organization Overview
Minnesota Turkey Research And Promotional Council, operating under the name Mtrpc, is located in Buffalo, MN. The organization was established in 1967. 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. Mtrpc is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 02/2024, Mtrpc generated $830.5k 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 $717.8k during the year ending 02/2024. 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
RESEARCH, PROMOTION, AND EDUCATION FOR MINNESOTA'S TURKEY INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STIMULATING, INCREASING, AND IMPROVING THE MARKETING OF THE TURKEYS THROUGH PROMOTIONAL AVENUES: DIRECT ADVERTISING IN NEWSPAPERS AND MAGAZINES AND ON RADIO AND TELEVISION; PREPARATION AND DISTRIBUTION OF PRESS RELEASES; PROMOTING COOPERATION OF ORGANIZATIONS THAT ASSIST IN DEVELOPING NEW MARKETS AND REDUCING COSTS OF MARKETING TURKEYS; PARTICIPATING IN PROMOTIONAL EVENTS FEATURING TURKEYS AND TURKEY PRODUCTS; PLANNING, ORGANIZING, AND PROMOTING CONTESTS THAT PROVIDE PUBLICITY FOR FOOD; AND PREPARATION AND DISTRIBUTION OF LEAFLETS, BOOKLETS, FILMS, AND OTHER ADVERTISING MATERIALS THAT RELATE TO USES OF TURKEY, INCLUDING RECIPES WHICH USE TURKEYS AND TURKEY PRODUCTS.
RESEARCH ON PRODUCTION, DISTRIBUTION, AND MARKETING OF TURKEYS BY SURVEYS, EXAMINATIONS, TESTS, STUDIES, AND EXPERIMENTS DESIGNED TO DEVELOP NEW TURKEY PRODUCTS; INCREASE CONSUMER ACCEPTANCE OF TURKEYS; EXPAND MARKETS FOR TURKEYS AND NEW TURKEY PRODUCTS; IMPROVE CONDITIONS THAT ADVERSELY AFFECT PRODUCTION, DISTRIBUTION, AND MARKETING OF TURKEYS; AND MEET THE NEEDS OF THE TURKEY INDUSTRIES CURRENT AND FUTURE NEEDS. A TOTAL OF THREE PROJECTS WERE PERFORMED AT THE UNIVERSITY OF MINNESOTA AND SOUTH DAKOTA STATE UNIVERSITY RELATED TO: 1) POTENTIATING HOST GUT MACHINERY TO REDUCE SALMONELLA IN TURKEYS USING VACCINATION AND PROBIOTICS; 2) AGE SUSEPTIBILITY AND LATERAL TRANSMISSION OF TURKEY ARTHRITIS REOVIRUS; AND 3) USING GENOMICS PLUS SIMPLE LABORATORY SCREENS TO ESTABLISH A FRAMEWORK FOR IDENTIFYING AND RESPONDING TO THE CHANGING LANDSCAPE OF SALMONELLA IN TURKEY PRODUCTION. THE COST OF THESE THREE RESEARCH PROJECTS TOTALED 67,806. IN ADDITION,RESEARCH RELATED SERVICES WERE PROVIDED BY THE MINNESOTA TURKEY GROWERS ASSOCIATION TOTALING 9681.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Butch Brey President | OfficerTrustee | 4 | $0 |
Lynette Gessell Director | Trustee | 1 | $0 |
Peter Gruhl Treasurer | OfficerTrustee | 4 | $0 |
Jon Klaphake Director | Trustee | 1 | $0 |
Pete Klaphake Director | Trustee | 1 | $0 |
Tim Miller Vice Preside | OfficerTrustee | 4 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
National Turkey Federation Research/promo | 2/27/22 | $408,013 |
Mn Turkey Growers Association Administration | 2/27/22 | $193,612 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,390 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,390 |
| Total Program Service Revenue | $790,946 |
| Investment income | $34,118 |
| 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 | $830,454 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| 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 | $35,700 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $462,382 |
| Advertising and promotion | $0 |
| Office expenses | $85 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,465 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,719 |
| Interest | $0 |
| Payments to affiliates | $206,592 |
| Depreciation, depletion, and amortization | $1,849 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $717,792 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $159,409 |
| Savings and temporary cash investments | $987,587 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $102,107 |
| 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 | $622 |
| Net Land, buildings, and equipment | $3,484 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,253,209 |
| Accounts payable and accrued expenses | $63,801 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $63,801 |
| Net assets without donor restrictions | $1,189,408 |
| 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 | $1,253,209 |
Grants Awarded
Over the last fiscal year, Minnesota Turkey Research And Promotional Council has awarded $193,677 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
REGENTS OF THE UNIVERSITY OF MINNESOTA PURPOSE: To further research and knowledge in the turkey industry in areas of turkey health, nutrition, and other areas affecting the turkey industry. | $93,677 |
UNIVERSITY OF MINNESOTA FOUNDATION PURPOSE: To support the Pomeroy Legacy Scholarship fund for research on poultry health and well-being. | $100,000 |