Farmers Educational & Cooperative Union Of America North Dakota Div
- Assets
- $106.1m
- Revenue
- $2.8m
- Investments
- $92.3m
- Employees
- 70
- Location
- Jamestown, ND
- Founding
- 11/1966
- Data as of
- 09/2023
- EIN
- 45-0130613
Organization Overview
Farmers Educational & Cooperative Union Of America North Dakota Div is located in Jamestown, ND. The organization was established in 1966. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 09/2023, Farmers Educational & Cooperative Union Of America North Dakota Div employed 70 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Farmers Educational & Cooperative Union Of America North Dakota Div is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 09/2023, Farmers Educational & Cooperative Union Of America North Dakota Div generated $2.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $5.4m during the year ending 09/2023. While expenses have increased by 1.7% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
GUIDED BY THE PRINCIPLES OF COOPERATION, LEGISLATIVE AND EDUCATIONAL GOALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL PROGRAMS - THESE PROGRAMS INCLUDE THE SPONSORING OF VARIOUS SEMINARS AND YOUTH EDUCATIONAL PROGRAMS INCLUDING CLASSES AND EDUCATIONAL CAMP PROGRAMS.
COOPERATIVE PROGRAMS - RURAL AREAS ARE ASSISTED IN PROMOTING AND DEVELOPING LOCAL COOPERATIVES TO INCREASE THE FINANCIAL BARGAINING POWER OF AGRICULTURAL AND RURAL PEOPLE.
LEGISLATION - WORKING WITH ELECTED OFFICIALS TO VOICE THE OPINIONS OF RURAL PEOPLE ON AGRICULTURAL ISSUES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ronda Throener Treasurer | OfficerTrustee | 5 | $26,081 |
Shane Sickler Director | Trustee | 5 | $20,004 |
Robert Kuylen Vice President | OfficerTrustee | 5 | $38,500 |
Wesley Niederman Jr Secretary | OfficerTrustee | 5 | $21,475 |
Jon Iverson Director | Trustee | 5 | $14,625 |
Tyler Stafslien Director | Trustee | 5 | $18,200 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $723,091 |
| Fundraising events | $0 |
| Related organizations | $125,000 |
| 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 | $848,091 |
| Total Program Service Revenue | $1,262,047 |
| Investment income | $119,845 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$71,493 |
| 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 | $2,773,538 |
| 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 | $1,809,175 |
| Pension plan accruals and contributions | $391,238 |
| Other employee benefits | $0 |
| Payroll taxes | $132,998 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $597 |
| Fees for services: Accounting | $29,141 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $114,555 |
| Office expenses | $160,844 |
| Information technology | $18,288 |
| Royalties | $0 |
| Occupancy | $124,020 |
| Travel | $235,358 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $178,475 |
| Interest | $874 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $569,224 |
| Insurance | $118,471 |
| All other expenses | $379,753 |
| Total functional expenses | $5,366,521 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,294,397 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $822,858 |
| 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 | $390,502 |
| Net Land, buildings, and equipment | $8,068,175 |
| Investments—publicly traded securities | $3,089,390 |
| Investments—other securities | $92,344,027 |
| Investments—program-related | $0 |
| Intangible assets | $59,500 |
| Other assets | $69,006 |
| Total assets | $106,137,855 |
| Accounts payable and accrued expenses | $512,775 |
| Grants payable | $0 |
| Deferred revenue | $43,383 |
| 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 | $55,534 |
| Total liabilities | $611,692 |
| Net assets without donor restrictions | $105,526,163 |
| 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 | $106,137,855 |