Iowa Limousin Association is located in Garner, IA. The organization was established in 1976. 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. Iowa Limousin 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 08/2018, Iowa Limousin Association generated $24.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (42.4%) each year. All expenses for the organization totaled $26.0k during the year ending 08/2018. As we would expect to see with falling revenues, expenses have declined by (40.7%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Brian Hait President | 0 | $0 | |
William Long Vice-Pres | 0 | $0 | |
Grant Anderson Sec-Treas | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $1,355 |
Total Program Service Revenue | $22,663 |
Membership dues | $0 |
Investment income | $11 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $24,029 |
Statement of Expenses | |
---|---|
Total expenses | $25,985 |
Balance Sheet | |
---|---|
Total assets | $32,958 |
Total liabilities | $0 |
Net assets or fund balances | $32,958 |
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