Tri County Steer Carcass Futurity
- Assets
- $321.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 4
- Location
- Lewis, IA
- Founding
- Data as of
- 12/2021
- EIN
- 42-1510605
Organization Overview
Tri County Steer Carcass Futurity is located in Lewis, IA. As of 12/2021, Tri County Steer Carcass Futurity employed 4 individuals. Tri County Steer Carcass Futurity is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2021, Tri County Steer Carcass Futurity generated $161.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $122.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
ASSIST MEMBERS TO PRODUCE A HIGHER QUALITY BEEF WHICH IS MORE PROFITABLE TOALL SEGMENTS OF THE BEEF INDUSTRY BY COLLECTING DATA AND CONVERTING IT INTOKNOWLEDGE DRIVEN MANAGEMENT PROGRAMS FOR FEEDLOTS AND COW/CALF PRODUCERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matt Groves Foundation Mgr. | 40 | $37,188 | |
Catherine B Hoffman Foundation Mgr. | 40 | $35,412 | |
Rod Belding Director | 0 | $0 | |
Neal Smith Treasurer | 0 | $0 | |
Ron Dunphy Trustee/directr | 0 | $0 | |
Gary Fike Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,607 |
| Total Program Service Revenue | $141,637 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $161,244 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $83,716 |
| Professional fees and other payments to independent contractors | $100 |
| Occupancy, rent, utilities, and maintenance | $2,850 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $35,553 |
| Total expenses | $122,219 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $49,825 |
| Other assets | $0 |
| Total assets | $321,727 |
| Total liabilities | $291,303 |
| Net assets or fund balances | $30,424 |
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