Texas & Southwestern Cattle Raisers Association
- Assets
- $17.3m
- Revenue
- $9.9m
- Investments
- $945.0k
- Employees
- 132
- Location
- Fort Worth, TX
- Founding
- 01/1936
- Data as of
- 12/2021
- EIN
- 75-0608420
Organization Overview
Texas & Southwestern Cattle Raisers Association is located in Fort Worth, TX. The organization was established in 1936. According to its NTEE Classification (K26) the organization is classified as: Animal Husbandry, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2021, Texas & Southwestern Cattle Raisers Association employed 132 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas & Southwestern Cattle Raisers Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Texas & Southwestern Cattle Raisers Association generated $9.9m 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 (4.2%) each year. All expenses for the organization totaled $10.1m during the year ending 12/2021. 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
TO IMPROVE THE CATTLE RAISING INDUSTRY IN TEXAS AND THE SOUTHWEST THROUGH EDUCATION, MARKET INSPECTION, LAW ENFORCEMENT AND OTHER MEMBER SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLICATIONS - THE CATTLEMAN IS PUBLISHED MONTHLY TO PROVIDE INFORMATION TO IMPROVE MANAGEMENT AND PROFITABILITY OF CATTLE RAISERS. THE CATTLEMAN UPDATE IS A DAILY E-MAIL OF CURRENT EVENTS.
OTHER MEMBER SERVICES INCLUDE DAILY MONITORING OF STATE AND FEDERAL LEGISLATION AND EDUCATIONAL OPPORTUNITIES SUCH AS THE SCHOOL FOR SUCCESSFUL RANCHING, THE TEXAS BEEF QUALITY PRODUCER PROGRAM AND RANCHING 101 EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Skaggs Exec Vp/ceo | Officer | 40 | $265,282 |
Megan Wills Exec Director, Finance | 40 | $145,620 | |
Scott Williamson Exec Director, Law Enforce | 40 | $129,621 | |
Kaleb Mclaurin Exec Director, Govt Affair | 40 | $128,338 | |
Lisa Walker Exec Director, Membership | 40 | $119,822 | |
Katrina Huffstutler Exec Director, Communication | 40 | $105,206 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Texas Kp Llc Landlord | 12/30/21 | $181,580 |
1301 W 7th Llc Landlord | 12/30/21 | $139,625 |
Congress Holdings Ltd Landlord | 12/30/21 | $123,338 |
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 | $7,928,900 |
| Investment income | $124,256 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$15,729 |
| Net Gain/Loss on Asset Sales | $1,019,123 |
| Net Income from Fundraising Events | $109,035 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $20,035 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,900,679 |
| 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. | $998,517 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,542,754 |
| Pension plan accruals and contributions | $121,892 |
| Other employee benefits | $619,476 |
| Payroll taxes | $352,604 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $80,804 |
| Fees for services: Accounting | $34,417 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $47,170 |
| Fees for services: Other | $385,488 |
| Advertising and promotion | $458,272 |
| Office expenses | $429,037 |
| Information technology | $541,329 |
| Royalties | $0 |
| Occupancy | $480,563 |
| Travel | $88,528 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,183 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $302,728 |
| Insurance | $123,267 |
| All other expenses | $533,846 |
| Total functional expenses | $10,054,585 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $835,564 |
| Savings and temporary cash investments | $1,493,521 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $351,583 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $15,677 |
| Prepaid expenses and deferred charges | $338,149 |
| Net Land, buildings, and equipment | $2,398,541 |
| Investments—publicly traded securities | $10,900,932 |
| Investments—other securities | $945,035 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $17,279,002 |
| Accounts payable and accrued expenses | $669,323 |
| Grants payable | $0 |
| Deferred revenue | $201,133 |
| 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 | $870,456 |
| Net assets without donor restrictions | $15,673,482 |
| Net assets with donor restrictions | $735,064 |
| 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 | $17,279,002 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Texas & Southwestern Cattle Raisers Association has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Folsom Point Charities Fort Worth, TX PURPOSE: CHARITABLE | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Southwestern Exposition And Livestock Show Fort Worth, TX | $42,680,623 | $26,254,515 |
Texas & Southwestern Cattle Raisers Association Fort Worth, TX | $17,279,002 | $9,900,679 |
National Reining Horse Association Oklahoma City, OK | $11,899,947 | $11,137,373 |
National Livestock Credit Corporation Oklahoma City, OK | $150,624,686 | $7,595,565 |
Oklahoma Cattlemens Association Inc Oklahoma City, OK | $1,815,271 | $1,815,588 |
Ranching Heritage Association Lubbock, TX | $3,709,330 | $1,901,466 |
Texas Dairy Herd Improvement Assn Canyon, TX | $291,447 | $1,634,168 |
Bob L Herd Foundation Tyler, TX | $31,980,436 | $2,127,283 |
Pasadena Livestock Show & Rodeo Association Inc Pasadena, TX | $639,099 | $1,663,574 |
American Brahman Breeders Assn Bryan, TX | $2,272,535 | $1,609,526 |
Lee County Junior Livestock Show Incorporated Giddings, TX | $540,745 | $1,026,033 |
Navarro County Exposition Center Inc Corsicana, TX | $721,704 | $915,827 |