Nebraska Grain And Feed Association
- Assets
- $0.0
- Revenue
- $220.1k
- Investments
- $0.0
- Employees
- 2
- Location
- Lincoln, NE
- Founding
- 12/1944
- Data as of
- 06/2021
- EIN
- 47-0249147
Organization Overview
Nebraska Grain And Feed Association is located in Lincoln, NE. The organization was established in 1944. According to its NTEE Classification (N01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Recreation & Sports and related organizations. As of 06/2021, Nebraska Grain And Feed Association employed 2 individuals. Nebraska Grain And Feed Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2021, Nebraska Grain And Feed Association generated $220.1k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $241.0k during the year ending 06/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE THE COMMON INTEREST OF THE GRAIN AND FEED INDUSTRY AND EDUCATE AND INFORM MEMBERS THROUGH SEMINARS, WORKSHOPS, MEETINGS AND PUBLICATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTE THE COMMON INTEREST OF THE GRAIN AND FEED INDUSTRY AND EDUCATE AND INFORM MEMBERS THROUGH SEMINARS, WORKSHOPS, MEETINGS AND PUBLICATIONS.
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 |
|---|---|---|---|
Nathan Brabec Director | Trustee | $0 | |
John Ely Director | Trustee | $0 | |
Kyle Jones Director | Trustee | $0 | |
Blake Mackey Vice Preside | OfficerTrustee | $0 | |
Rick Sorensen Director | Trustee | $0 | |
Scott Sorrows Director | Trustee | $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 | $28,390 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $28,390 |
| Total Program Service Revenue | $188,575 |
| Investment income | $9 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $4,020 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$882 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $220,112 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $29,146 |
| 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. | $87,500 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $27,036 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,602 |
| Fees for services: Management | $18,000 |
| Fees for services: Legal | $1,533 |
| Fees for services: Accounting | $5,595 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,693 |
| Office expenses | $11,031 |
| Information technology | $2,940 |
| Royalties | $0 |
| Occupancy | $7,620 |
| Travel | $1,016 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $86 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $240,986 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Nebraska Grain And Feed Association has awarded $29,146 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
MID-PLAINS COMMUNITY COLLEGE PURPOSE: PROGRAM SUPPORT | $10,000 |
UNIVERSITY OF NEBRASKA PURPOSE: PROGRAM SUPPORT | $19,146 |