Agricultural Drainage Management Coalition Inc
- Assets
- $27.6k
- Revenue
- $233.3k
- Investments
- $0.0
- Employees
- 2
- Location
- Ankeny, IA
- Founding
- 09/2005
- Data as of
- 12/2022
- EIN
- 68-0577650
Organization Overview
Agricultural Drainage Management Coalition Inc is located in Ankeny, IA. The organization was established in 2005. According to its NTEE Classification (C32) the organization is classified as: Water Resources, Wetlands Conservation & Management, under the broad grouping of Environment and related organizations. As of 12/2022, Agricultural Drainage Management Coalition Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Agricultural Drainage Management Coalition Inc is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2022, Agricultural Drainage Management Coalition Inc generated $233.3k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $229.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.7%) per year over the past 4 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
EDUCATE AND DEMONSTRATE WATER QUALITY BENEFITS OF CONSERVATION DRAINAGE PRACTICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRAINING FACILITATOR AND COURSE PREPARATION FOR DRAINAGE WATER MANAGEMENT DESIGN AND INSTALLATION. THERE WERE THREE DIFFERENT SESSIONS WITH OVER 180 ATTENDEES. THOSE ATTENDING RECEIVED CERTIFICATES OF COMPLETION FOR COURSE WORK IN DWM. THE ATTENDEES INCLUDED INDUSTRY GOVERNMENTAL AND NON GOVERNMENTAL REPRESENTATIVES.
ADMC ORGANIZED AND SPONSORED THE CONSERVATION DRAINAGE NETWORK CONFERENCE. THE CONFERENCE SPEAKERS PRESENTED WATER QUALITY RESEARCH DEMONSTRATIONS AND GOVERNMENTAL PROGRAMS RELATING TO CONSERVATION DRAINAGE PRACTICES. ATTENDEES WERE FROM THE U.S. CANADA AND EUROPE. THE AUDIENCE WAS ACADEMICS FROM MAJOR LAND GRANT UNIVERSITIES USDA EPA INDUSTRY REPRESENTATIVES ENVIRONMENTAL GROUPS AND OTHER NON GOVERNMENTAL ENTITIES. THERE WERE IN EXCESS OF 125 ATTENDEES.
ADMC PREPARED 6 LEARNING MODULES FOR CERTIFIED CROP ADVISORS TO TAKE AS CONTINUING EDUCATION TO MAINTAIN THEIR LICENSES. THE LEARNING MODULES COVERED CONSERVATION DRAINAGE PRACTICES AND ARE HOSTED BY THE AMERICAN AGRONOMY ASSOC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keegan Kult Executive Director | 40 | $111,599 | |
Deanna Centurion Director | Trustee | 1 | $0 |
Tom Christensen Director | Trustee | 1 | $0 |
John Torbert Director | Trustee | 1 | $0 |
Kim Perkins Director | Trustee | 1 | $0 |
Levi Otis Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $141,375 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $24,613 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $165,988 |
| Total Program Service Revenue | $67,312 |
| Investment income | $16 |
| 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 | $233,316 |
| 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 | $162,475 |
| Pension plan accruals and contributions | $4,874 |
| Other employee benefits | $0 |
| Payroll taxes | $12,945 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,030 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $10,112 |
| Advertising and promotion | $1,000 |
| Office expenses | $4,059 |
| Information technology | $335 |
| Royalties | $0 |
| Occupancy | $5,150 |
| Travel | $7,115 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12,778 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,002 |
| All other expenses | $4,205 |
| Total functional expenses | $229,080 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $27,628 |
| 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 | $27,628 |
| Accounts payable and accrued expenses | $4,514 |
| 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 | $4,514 |
| 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 | $23,114 |
| Total liabilities and net assets/fund balances | $27,628 |