Iowa Limousin Association
- Assets
- $33.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Garner, IA
- Founding
- 12/1976
- Data as of
- 08/2018
- EIN
- 42-1058082
Organization Overview
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 2 years, the organization has seen revenues fall by an average of (56.2%) 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 (54.4%) per year over the past 2 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 |
|---|---|---|---|
Brian Hait President | 0 | $0 | |
William Long Vice-Pres | 0 | $0 | |
Grant Anderson Sec-Treas | 0 | $0 |
Financial Statements
| 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 | |
|---|---|
| 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 | $25,985 |
| Total expenses | $25,985 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $32,958 |
| Other assets | $0 |
| Total assets | $32,958 |
| Total liabilities | $0 |
| Net assets or fund balances | $32,958 |