North Central Iowa Research Association is located in Kanawha, IA. According to its NTEE Classification (K05) the organization is classified as: Research Institutes & Public Policy Analysis, 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. North Central Iowa Research Association 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 12/2023, North Central Iowa Research Association generated $79.3k 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 (50.9%) each year. All expenses for the organization totaled $39.2k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO CARRY OUT RESEARCH & EDUCATION EFFORTS RELATING TO AGRICULTURE IN NORTH CENTRAL IOWA & OBTAIN FUNDS FOR ACQUISITION OF LAND SUITABLE FOR AGRICULTURAL RESEARCH FOR THE PURPOSE OF ADDRESSING PROBLEMS CONCERNING NORTH CENTRAL IOWA AGRICULTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES FARMLAND & FACILITIES FOR IOWA STATE UNIVERSITY TO PERFORM AGRICULTURAL RESEARCH AND DEMONSTRATIONS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Blake Smith Director | Trustee | 1 | $0 |
Paul Kassel Director | Trustee | 1 | $0 |
Kurt Metzger Director | Trustee | 1 | $0 |
Doug Kreitlow Director | Trustee | 1 | $0 |
Mike Hommez Director | Trustee | 1 | $0 |
Nancy Bormann Director | Trustee | 1 | $0 |
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 | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $76,226 |
Investment income | $3,054 |
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 | $79,280 |
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 | $0 |
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 | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
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 | $0 |
Insurance | $0 |
All other expenses | $39,180 |
Total functional expenses | $39,180 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $11,150 |
Savings and temporary cash investments | $397,599 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 |
Net Land, buildings, and equipment | $400,760 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $809,509 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Net assets without donor restrictions | $809,509 |
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 | $809,509 |
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---|---|---|
Dairy Science Institute Inc Rosemont, IL | $22,817,697 | $4,318,191 |
Illinois Nutrient Research And Education Council Springfield, IL | $3,413,947 | $3,331,496 |
Chicago Food Policy Advisory Council Nfp Chicago, IL | $1,425,590 | $1,779,619 |
Kimmel Orchard & Vineyard Educational Foundation Inc Lincoln, NE | $5,271,580 | $1,165,177 |
Reap Food Group Inc Madison, WI | $800,313 | $1,143,194 |
Grassworks Inc Hillsboro, WI | $198,816 | $345,814 |
Iowa Citizens For Community Improvement Action Fund Des Moines, IA | $1,174,350 | $359,355 |
High Arctic Institute Incorporated Orion, IL | $81,507 | $0 |
Illinois Agricultural Resource Council Inc Ottawa, IL | $39,329 | $0 |
North Central Iowa Research Association Kanawha, IA | $809,509 | $79,280 |
Muscatine Island Truck Growers Association Fruitland, IA | $433,319 | $19,639 |
Northwest Iowa Experimental Farm Association Sutherland, IA | $2,553,960 | -$24,350 |