United Suffolk Sheep Association is located in Holland, IA. The organization was established in 1943. According to its NTEE Classification (K26) the organization is classified as: Animal Husbandry, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is the central organization for a national or regional group of organizations. United Suffolk Sheep 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 09/2022, United Suffolk Sheep Association generated $154.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $177.5k during the year ending 09/2022. While expenses have increased by 3.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
REGISTRATIONS, TRANSFERS, PEDIGREE RESEARCH AND CERTIFICATION OF SUFFOLK SHEEP BELONGING TO MEMBERS OF THE ASSOCIATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
REGISTRATIONS, TRANSFERS, PEDIGREE RESEARCH AND CERTIFICATION OF THE SUFFOLK SHEEP BELONGING TO THE MEMBERS OF THE ASSOCIATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jeremy Geske President | OfficerTrustee | 2 | $0 |
Randy Hodges Vice Preside | OfficerTrustee | 2 | $0 |
Carol Heupel Treasurer | OfficerTrustee | 2 | $0 |
Greg Ahart Director | Trustee | 2 | $0 |
Cynthia Huckins Director | Trustee | 2 | $0 |
Jim Van Dyke Director | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $23,540 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $3,068 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $26,608 |
Total Program Service Revenue | $122,074 |
Investment income | $5,779 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $193 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $154,654 |
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 | $46,200 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $4,962 |
Fees for services: Management | $0 |
Fees for services: Legal | $940 |
Fees for services: Accounting | $3,885 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $3,837 |
Fees for services: Other | $0 |
Advertising and promotion | $5,083 |
Office expenses | $69,643 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $2,400 |
Travel | $5,234 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $3,904 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $5,115 |
All other expenses | $1,049 |
Total functional expenses | $177,513 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $22,264 |
Savings and temporary cash investments | $0 |
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 | $110 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $6,386 |
Investments—publicly traded securities | $234,813 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $263,573 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $1,428 |
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 | $1,516 |
Total liabilities | $2,944 |
Net assets without donor restrictions | $260,629 |
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 | $263,573 |
Organization Name | Assets | Revenue |
---|---|---|
Hall County Livestock Improvement Assn Inc Grand Island, NE | $7,356,944 | $18,700,644 |
Minnesota Dairy Herd Improvement Sauk Centre, MN | $1,637,297 | $2,255,474 |
Minnesota Pork Board Mankato, MN | $1,571,929 | $2,086,789 |
Missouri Cattlemens Association Columbia, MO | $888,899 | $1,504,434 |
Poultry Science Association Inc Champaign, IL | $10,190,905 | $2,116,910 |
South Dakota Producers Council Sioux Falls, SD | $1,200,455 | $1,325,308 |
American Maine Anjou Association Platte City, MO | $1,022,429 | $1,043,766 |
Dairy Business Association Inc Green Bay, WI | $1,517,928 | $864,691 |
Midwest Poultry Federation Inc Buffalo, MN | $409,612 | $926,298 |
Brown Swiss Cattle Breeders Assn Of The U S A Inc Beloit, WI | $739,489 | $682,804 |
North Central Poultry Association Urbandale, IA | $1,244,126 | $668,035 |
South Dakota Cattlemens Foundation De Smet, SD | $0 | $585,344 |