Mason County Livestock Improvement Association Inc
- Assets
- $25.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Maysville, KY
- Founding
- 07/1995
- Data as of
- 12/2021
- EIN
- 61-1067868
Organization Overview
Mason County Livestock Improvement Association Inc is located in Maysville, KY. The organization was established in 1995. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mason County Livestock Improvement Association Inc 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 12/2021, Mason County Livestock Improvement Association Inc generated $63.2k 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 (12.1%) each year. All expenses for the organization totaled $68.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (11.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelli Rouse Trustee | 1 | $0 | |
Lee Dotson Vice President | 5 | $0 | |
Zach Sutton 2nd Vice President | 5 | $0 | |
Brooke Perkins Secretary | 3 | $0 | |
Stephen Clary Pres | 5 | $0 | |
Dick Clary Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $58,613 |
| Membership dues | $565 |
| Investment income | $38 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,824 |
| Other Revenue | $2,120 |
| Total Revenue | $63,160 |
| 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 | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $67,970 |
| Total expenses | $67,970 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $22,590 |
| Other assets | $0 |
| Total assets | $25,252 |
| Total liabilities | $0 |
| Net assets or fund balances | $25,252 |
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