Texas Hereford Association

Organization Overview

Texas Hereford Association is located in Ft Worth, TX. The organization was established in 1942. 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 Hereford Association employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas Hereford 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, Texas Hereford Association generated $260.1k 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 (3.1%) each year. All expenses for the organization totaled $250.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE LEADERSHIP TO UNITE, FOSTER AND PROTECT THE INTEREST OF THE HEREFORD BREED; AND TO PROMOTE FAIRLY THE PRODUCTION AND CONSUMPTION OF HEREFORD BEEF UNIVERSALLY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

HEREFORD CATTLE SHOWS, SALES, EXHIBITS AND MEETINGS OCCURRING THROUGHOUT THE YEAR AT VARIOUS TEXAS LOCATIONS


MONTHLY PUBLICATION OF "TEXAS HEREFORD" MAGAZINE TO PROMOTE, MARKET AND EDUCATE READERS REGARDING HEREFORD CATTLE AND RELATED RANCHING INFORMATION


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Board, Officers & Key Employees

Name (title)Compensation
Jack Chastain
Secretary/tr
$48,688
Jimmy Atlas
Vice Preside
$0
Terri Barber
President
$0
Pete Case
Vice Preside
$0
Larry Johnson
President-El
$0
Ec Rosson
Vice Preside
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$36,350
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$10,600
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$46,950
Total Program Service Revenue$211,994
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $1,137
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 $260,081

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