Mohair Council Of America
- Assets
- $210.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- San Angelo, TX
- Founding
- 06/1969
- Data as of
- 06/2021
- EIN
- 75-1246306
Organization Overview
Mohair Council Of America is located in San Angelo, TX. The organization was established in 1969. 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. As of 06/2021, Mohair Council Of America employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mohair Council Of America 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 06/2021, Mohair Council Of America generated $108.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (12.6%) each year. All expenses for the organization totaled $116.1k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (17.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE MOHAIR COUNCIL OF AMERICA PROMOTES THE GROWTH AND DEVELOPMENT OF THE MOHAIR INDUSTRY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Hartgrove Executive Director | 40 | $24,000 | |
Bryan Bierschwale Director | 1 | $0 | |
Allen Belk Director | 1 | $0 | |
Larry Deike Director | 1 | $0 | |
Virginia Epps Director | 1 | $0 | |
Ginger Perner Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $100,255 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $24 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $108,757 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $24,000 |
| Professional fees and other payments to independent contractors | $17,140 |
| Occupancy, rent, utilities, and maintenance | $5,400 |
| Printing, publications, postage, and shipping | $1,384 |
| Other expenses | $68,157 |
| Total expenses | $116,081 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $74,242 |
| Other assets | $0 |
| Total assets | $210,328 |
| Total liabilities | $0 |
| Net assets or fund balances | $210,328 |
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