Nebraska Crop Improvement Association
- Assets
- $3.8m
- Revenue
- $695.1k
- Investments
- $0.0
- Employees
- 4
- Location
- Lincoln, NE
- Founding
- 06/1972
- Data as of
- 12/2022
- EIN
- 47-0389429
Organization Overview
Nebraska Crop Improvement Association is located in Lincoln, NE. The organization was established in 1972. As of 12/2022, Nebraska Crop Improvement Association employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nebraska Crop Improvement Association is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Nebraska Crop Improvement Association generated $695.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.2%) each year. All expenses for the organization totaled $636.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.3%) 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 ORGANIZATION ENCOURAGES PRODUCTION OF HIGH QUALITY SEED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION OFFERS A SEED CERTIFICATION PROGRAM FOR APPROXIMATELY 360 MEMBERS.
THE ORGANIZATION OFFERS EDUCATION AND PROMOTION OF QUALITY CERTIFIED SEED.
THE ORGANIZATION OFFERS A SEED IMPROVEMENT CONFERENCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Emery Fox President | OfficerTrustee | 1 | $0 |
Jim Girardin Vice Preside | OfficerTrustee | 1 | $0 |
Ruben Wehnes Secretary-Tr | OfficerTrustee | 1 | $0 |
Chris Cullan Director | Trustee | 1 | $0 |
Mike Fritz Director | Trustee | 1 | $0 |
Duane Muhlbach 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 | $609,372 |
| Investment income | $49,840 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $26,228 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $5,994 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $695,065 |
| 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. | $96,415 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $168,349 |
| Pension plan accruals and contributions | $22,957 |
| Other employee benefits | $64,869 |
| Payroll taxes | $19,368 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $11,208 |
| Information technology | $878 |
| Royalties | $0 |
| Occupancy | $3,666 |
| Travel | $5,373 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,106 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $100,377 |
| Insurance | $9,767 |
| All other expenses | $41,221 |
| Total functional expenses | $636,276 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $148,571 |
| Savings and temporary cash investments | $1,226,480 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $84,606 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $33,448 |
| Prepaid expenses and deferred charges | $5,998 |
| Net Land, buildings, and equipment | $652,052 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,607,756 |
| Total assets | $3,758,911 |
| Accounts payable and accrued expenses | $10,838 |
| Grants payable | $0 |
| Deferred revenue | $7,810 |
| 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 | $147,873 |
| Total liabilities | $166,521 |
| Net assets without donor restrictions | $3,592,390 |
| 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 | $3,758,911 |