National Association Of Animal Breeders Inc
- Assets
- $1.9m
- Revenue
- $1.1m
- Investments
- $735.9k
- Employees
- 5
- Location
- Madison, WI
- Founding
- 11/1995
- Data as of
- 06/2022
- EIN
- 43-1717306
Organization Overview
National Association Of Animal Breeders Inc is located in Madison, WI. The organization was established in 1995. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 06/2022, National Association Of Animal Breeders Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Association Of Animal Breeders Inc is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 06/2022, National Association Of Animal Breeders Inc generated $1.1m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $1.1m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (1.5%) per year over the past 7 years. 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
THE PRINCIPAL BUSINESS AND PURPOSE OF THIS ASSOCIATION SHALL BE TO UNITE THOSE INDIVIDUALS AND ORGANIZATIONS ENGAGED IN THE ARTIFICIAL INSEMINATION OF CATTLE AND OTHER LIVESTOCK INTO AN AFFILIATED FEDERATION OPERATING UNDER SELF-IMPOSED STANDARDS OF PERFORMANCE AND CONDUCT, TO PROMOTE THE MUTUAL INTERESTS AND IDEALS OF ITS MEMBERS, AND TO DEVELOP AND RECOMMEND PROCEDURES TO PROTECT USERS OF SEMEN, AND PERSONS AND CORPORATIONS UTILIZING ARTIFICIAL INSEMINATION, TO THE EXTENT TECHNICALLY FEASIBLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INTERNATIONAL MARKETING PROGRAM HEALTH - FMD EXPORT PROMOTION PROGRAM ($45,000); JAPAN CERTIFICATES HAVE MOVED TO BEING SIGNED IN DOCUSIGN. PROCESSED 2,078 ORDERS FOR 623.844 UNITS OF SEMEN JULY 1, 2021-JUNE 30, 2022.
TECHNICAL PROGRAMS - THE ASSOCIATION HOLDS A BIENNIAL TECHNICAL CONFERENCE ON ARTIFICIAL INSEMINATION AND REPRODUCTION FOR MEMBERS AND GUESTS WITH A COMPLETE PROGRAM. FY21 CONFERENCE CANCELLED DUE TO COVID. IN-PERSON CONFERENCE SCHEDULED TO BE HELD OCTOBER 27-29, 2021 (FY22), HOWEVER WAS CANCELLED AGAIN BECAUSE OF PANDEMIC. NOW SCHEDULED IN MILWAUKEE, WI FOR SEPTEMBER 23-25, 2022.
GENETICS/INDUSTRY RELATIONS/BEEF - THE ASSOCIATION MAINTAINS A DATABASE OF ALL DAIRY BULLS USED IN ARTIFICIAL INSEMINATION CURRENTLY AT 108,310 + ANIMALS. WE HAVE DONE CONSIDERABLE WORK DEVELOPING THE SEPARATE BEEF DATABASE AND NOW HAVE 28,830 RECORDS WITH MORE BEING ADDED WEEKLY. WE ARE CONTINUING TO WORK WITH MEMBERS AND STUD LOCATIONS TO ADD ALL NAAB CODES ASSIGNED TO ANIMALS.
EXPORT PROMOTION - DR. EAGLEN AND ELIZA ROBERTS VISITED TURKEY IN JANUARY 2022 TO MEET WITH THE AG ATTACHE AND IMPORTERS TO RESOLVE ISSUE REGARDING SEMEN QUALITY. DR. EAGLEN TRAVELED TO MOROCCO IN MAY 2022 TO MEET WITH FAS STAFF AND THE MINISTRY OF AGRICULTURE AND TO PRESENT THE RESULTS OF THE GENOMIC TESTING PROJECT THAT WAS COORDINATED BY NAAB.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jay L Weiker President | Officer | 40 | $179,931 |
Paul Hunt Chairman | OfficerTrustee | 1 | $0 |
Katie Olson Vice-Chair | OfficerTrustee | 1 | $0 |
Christopher England Director | Trustee | 1 | $0 |
David Jensen Director | Trustee | 1 | $0 |
Roy Wilson Director | Trustee | 1 | $0 |
Financial Statements
| 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 | $1,073,921 |
| Investment income | $17,096 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $3,000 |
| 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 | $1,094,362 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $74,442 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $248,269 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $276,007 |
| Pension plan accruals and contributions | $14,898 |
| Other employee benefits | $77,509 |
| Payroll taxes | $33,655 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $26,034 |
| Fees for services: Accounting | $13,195 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $41,710 |
| Advertising and promotion | $63,152 |
| Office expenses | $86,493 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $41,911 |
| Travel | $36,882 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $23,318 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,023 |
| Insurance | $3,164 |
| All other expenses | $2,045 |
| Total functional expenses | $1,075,162 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $236,841 |
| Savings and temporary cash investments | $419,663 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $65,253 |
| 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 | $51,513 |
| Net Land, buildings, and equipment | $5,026 |
| Investments—publicly traded securities | $407,934 |
| Investments—other securities | $735,938 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,634 |
| Total assets | $1,932,802 |
| Accounts payable and accrued expenses | $60,359 |
| Grants payable | $0 |
| Deferred revenue | $22,460 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $57,021 |
| 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 | $139,840 |
| Net assets without donor restrictions | $1,792,962 |
| 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 | $1,932,802 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that National Association Of Animal Breeders Inc has recieved totaling $224,602.
| Awarding Organization | Amount |
|---|---|
U S Livestock Genetics Export Inc Mount Horeb, WI PURPOSE: MARKET DEVELOPMENT | $224,602 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Midwest Oper Engineers Construction Industry Research & Serv Tr Fund Countryside, IL | $12,085,029 | $17,769,884 |
Illinois Soybean Board Bloomington, IL | $24,441,630 | $21,800,549 |
Food Export Association Of The Midwest Usa Chicago, IL | $3,109,779 | $15,548,836 |
Illinois Corn Marketing Board Bloomington, IL | $11,624,886 | $11,889,515 |
Illinois Farm Business Farm Management Association Urbana, IL | $13,036,050 | $15,163,165 |
Michigan Farm Bureau Lansing, MI | $21,991,749 | $13,489,298 |
Michigan Dairymens Market Program Novi, MI | $2,715,772 | $11,716,586 |
Minnesota Corn Growers Association Burnsville, MN | $3,976,064 | $6,629,781 |
National Snaffle Bit Association Inc Gurnee, IL | $5,863,990 | $6,575,627 |
Seed Savers Exchange Inc Decorah, IA | $8,340,832 | $6,859,116 |
Wisconsin Soybean Marketing Board Inc Madison, WI | $9,285,621 | $7,489,309 |
Agricultural Utilization Research Institute Crookston, MN | $5,866,335 | $5,389,230 |