North Dakota Hereford Association Inc
- Assets
- $31.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New Salem, ND
- Founding
- 02/1978
- Data as of
- 08/2023
- EIN
- 45-0343680
Organization Overview
North Dakota Hereford Association Inc is located in New Salem, ND. The organization was established in 1978. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, 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 Dakota Hereford Association 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 08/2023, North Dakota Hereford Association Inc generated $33.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (10.9%) each year. All expenses for the organization totaled $33.9k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (10.0%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dan Donnelly President | 0.5 | $0 | |
Walter Jones Vice President | 0.5 | $0 | |
Joana Friesz Secretary Treasurer | 2 | $1,726 | |
Bill Smith Director | 0 | $0 | |
Lillie Basaraba Director | 0 | $0 | |
Don Nesham Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $33,620 |
| Membership dues | $280 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $33,900 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $26,218 |
| Salaries, other compensation, and employee benefits | $1,726 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $5,956 |
| Other expenses | $0 |
| Total expenses | $33,900 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $30,985 |
| Other assets | $0 |
| Total assets | $30,985 |
| Total liabilities | $0 |
| Net assets or fund balances | $30,985 |