Nebraska Beef Council
- Assets
- $3.0m
- Revenue
- $3.7m
- Investments
- $0.0
- Employees
- 6
- Location
- Kearney, NE
- Founding
- 01/1992
- Data as of
- 09/2022
- EIN
- 47-0749350
Organization Overview
Nebraska Beef Council is located in Kearney, NE. The organization was established in 1992. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 09/2022, Nebraska Beef Council employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nebraska Beef Council is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 09/2022, Nebraska Beef Council generated $3.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $3.6m during the year ending 09/2022. While expenses have increased by 0.9% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTION OF BEEF AND BEEF PRODUCTS, EDUCATION FOR CONSUMERS AND THE BEEF INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE NEBRASKA BEEF COUNCIL CARRIES OUT SUPPORTS THE FOLLOWING ACTIVITIES AS THEY RELATE TO BEEF PROMOTION, RESEARCH, CONSUMER INFORMATION, INDUSTRY INFORMATION, PRODUCER COMMUNICATIONS, AND FOREIGN MARKETING.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George Cooksley Director | OfficerTrustee | 3 | $0 |
Ivan Rush Director | OfficerTrustee | 2 | $0 |
Jeff Rudolph Director | OfficerTrustee | 2 | $0 |
Michele Cutler Director | OfficerTrustee | 2 | $0 |
Doug Temme Director | Trustee | 2 | $0 |
Rosemary Vinton Anderson Director | Trustee | 2 | $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 | $3,723,654 |
| Investment income | $12,965 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $3,736,619 |
| 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 | $371,479 |
| Pension plan accruals and contributions | $26,418 |
| Other employee benefits | $48,901 |
| Payroll taxes | $25,395 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $790 |
| Fees for services: Accounting | $14,575 |
| 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 | $15,980 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $48,287 |
| Travel | $13,129 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,140 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $7,539 |
| All other expenses | $28,897 |
| Total functional expenses | $3,574,539 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,000 |
| Savings and temporary cash investments | $2,989,074 |
| 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 | $3,014,074 |
| Accounts payable and accrued expenses | $651,158 |
| 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 | $651,158 |
| Net assets without donor restrictions | $1,862,916 |
| Net assets with donor restrictions | $500,000 |
| 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 | $3,014,074 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Corn Growers Association Chesterfield, MO | $16,422,383 | $19,831,099 |
Kansas Farm Bureau Manhattan, KS | $113,719,164 | $13,754,272 |
Arabian Horse Association Aurora, CO | $7,104,818 | $11,582,764 |
Seed Savers Exchange Inc Decorah, IA | $8,340,832 | $6,859,116 |
Nebraska Farm Bureau Federation Lincoln, NE | $6,162,256 | $5,536,938 |
Missouri Corn Merchandising Council Jefferson City, MO | $10,685,301 | $5,612,300 |
Eat Greater Des Moines Des Moines, IA | $273,044 | $4,607,206 |
Missouri Farm Bureau Federation 1616 Missouri Blvd Jefferson City, MO | $26,099,278 | $6,710,697 |
South Dakota Beef Industry Council Inc Pierre, SD | $1,193,198 | $4,031,431 |
Missouri Soybean Assn Jefferson City, MO | $9,000,257 | $4,021,362 |
Practical Farmers Of Iowa Ames, IA | $3,629,239 | $3,884,964 |
Nebraska Beef Council Kearney, NE | $3,014,074 | $3,736,619 |