International Sugarbeet Institute is located in Fargo, ND. The organization was established in 1995. According to its NTEE Classification (Q99) the organization is classified as: International, Foreign Affairs & National Security N.E.C., under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Sugarbeet Institute is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 10/2022, International Sugarbeet Institute generated $68.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $73.1k during the year ending 10/2022. As we would expect to see with falling revenues, expenses have declined by (1.0%) 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
2022
Describe the Organization's Program Activity:
Part 3
THE INSTITUTE CONDUCTS AN ANNUAL TRADE SHOW THAT PROMOTES THE SUGARBEET INDUSTRY AND PROVIDES EDUCATION AND DEMONSTRATIONS REGARDING NEW TECHNOLOGY AND RESEARCH ADVANCES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mohamed Khan Chairman | 2 | $0 | |
Brad Meyer Member | 2 | $0 | |
Jenny Schlecht Secretary | 2 | $0 | |
Jason Schatzke Treasurer | 2 | $0 | |
Kyle Aasand Member | 2 | $0 | |
Cody Bakker Member | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $68,454 |
Membership dues | $0 |
Investment income | $6 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $68,460 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $44,293 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $28,856 |
Total expenses | $73,149 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $22,916 |
Other assets | $0 |
Total assets | $22,916 |
Total liabilities | $0 |
Net assets or fund balances | $22,916 |
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