South Carolina Cattlemens Association is located in Saluda, SC. The organization was established in 1989. According to its NTEE Classification (K26) the organization is classified as: Animal Husbandry, 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. South Carolina Cattlemens Association is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2021, South Carolina Cattlemens Association generated $61.5k 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 (5.3%) each year. All expenses for the organization totaled $55.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.5%) 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE AND IMPROVE THE BEEF INDUSTRY IN SOUTH CAROLINA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERS ANNUAL MEETING HELD TO PROMOTE GOODWILL, EDUCATE PRODUCERS ON RELEVANT INDUSTRY MATTERS AND PROMOTE TRADE SHOW.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Timmy Benton President | Officer | 0.3 | $0 |
Eric Seymour Treasurer | Officer | 0.3 | $0 |
Carol Hendrix Secretary | Officer | 0.3 | $0 |
Lee Haddon Director | Trustee | 0.3 | $0 |
William Brigman Director | Trustee | 0.3 | $0 |
Eddie Evans Director | Trustee | 0.3 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $24,350 |
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 | $24,350 |
Total Program Service Revenue | $24,572 |
Investment income | $5,042 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $5,908 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $61,491 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $33,694 |
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 | $353 |
Information technology | $2,147 |
Royalties | $0 |
Occupancy | $0 |
Travel | $668 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $11,354 |
Interest | $1 |
Payments to affiliates | $3,000 |
Depreciation, depletion, and amortization | $0 |
Insurance | $1,703 |
All other expenses | $0 |
Total functional expenses | $55,773 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $38,786 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $11,590 |
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 | $384,261 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $434,637 |
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 | $38,531 |
Total liabilities | $38,531 |
Net assets without donor restrictions | $396,106 |
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 | $434,637 |
Organization Name | Assets | Revenue |
---|---|---|
Claxton Poultry Farms Trust Claxton, GA | $1,415,506 | $8,695,488 |
Georgia Cattlemens Association Inc Macon, GA | $1,277,076 | $1,308,478 |
The Livestock Conservancy Inc Pittsboro, NC | $1,135,488 | $1,337,079 |
North Carolina Cattlemens Assn Inc FuquayVarina, NC | $739,833 | $875,134 |
North Carolina Horse Council Raleigh, NC | $418,370 | $317,170 |
North Carolina Poultry Federation Inc Raleigh, NC | $1,874,710 | $246,942 |
South Carolina Quater Horse Association Cross, SC | $87,957 | $351,968 |
National Independent Poultry & Food Distributors Association Saint Marys, GA | $865,651 | $503,189 |
North Carolina State Beekeepers Association Hurdle Mills, NC | $257,096 | $98,545 |
South Carolina Cattlemens Association Saluda, SC | $434,637 | $61,491 |
Senepol Cattle Breeders Association Inc Wilmington, NC | $36,503 | $0 |
South Carolina Thoroughbred Owners And Breeders Association Aiken, SC | $34,521 | $0 |