American Red Brangus Association is located in Dripping Springs, TX. The organization was established in 1978. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Red Brangus 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 12/2022, American Red Brangus Association generated $80.7k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $90.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.2%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michele Hanson Manager | 20 | $32,302 | |
John Craig Secretary | 0 | $0 | |
Eddie Benoit Vice Preside | 0 | $0 | |
Ryan King Treasurer | 0 | $0 | |
John Banken President | 0 | $0 | |
Donald Gray Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $45,424 |
Membership dues | $8,205 |
Investment income | $27,076 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $80,705 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $34,843 |
Professional fees and other payments to independent contractors | $100 |
Occupancy, rent, utilities, and maintenance | $4,285 |
Printing, publications, postage, and shipping | $956 |
Other expenses | $50,546 |
Total expenses | $90,730 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $135,276 |
Other assets | $0 |
Total assets | $190,797 |
Total liabilities | $10,696 |
Net assets or fund balances | $180,101 |
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