Grand Island Livestock Complex Authority is located in Grand Island, NE. The organization was established in 2017. According to its NTEE Classification (D60) the organization is classified as: Animal Services N.E.C., under the broad grouping of Animal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grand Island Livestock Complex Authority is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Grand Island Livestock Complex Authority generated $565.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (6.8%) each year. All expenses for the organization totaled $524.4k 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
PROMOTE THE INDUSTRIES OF AGRICULTURE AND LIVESTOCK BREEDING; HOLD AND CONDUCT EXPOSITIONS AND OTHER FORMS OF PUBLIC EVENTS FOR THE PROMOTION OF THE HORSE, CATTLE, AND OTHER LIVESTOCK BREEDING INDUSTRIES; AND ENCORAGE ECONOMIC GROWTH THROUGH TOURISM, CONVENTIONS, AND VISITORS TO GRAND ISLAND, NEBRASKA THROUGH EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CORPORATION WAS ORGANIZED TO PROMOTE THE INDUSTRIES OF AGRICULTURE AND LIVESTOCK BREEDING; HOLD AND CONDUCT EXPOSITIONS AND OTHER FORMS OF PUBLIC EVENTS FOR THE PROMOTION OF THE HORSE, CATTLE, AND OTHER LIVESTOCK BREEDING INDUSTRIES; AND ENCORAGE ECONOMIC GROWTH THROUGH TOURISM, CONVENTIONS, AND VISITORS TO GRAND ISLAND, NEBRASKA THROUGH EDUCATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Cindy Johnson Treasurer | Trustee | 2 | $0 |
Brad Mellema Secretary | Trustee | 2 | $0 |
Chris Kotulak President | Trustee | 2 | $0 |
Bill Ogg Vice Preside | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $10,000 |
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 | $10,000 |
Total Program Service Revenue | $555,711 |
Investment income | $0 |
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 | $565,711 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $2,042 |
Office expenses | $25 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $182 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $22,538 |
Insurance | $3,087 |
All other expenses | $89,196 |
Total functional expenses | $524,432 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $99,896 |
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 | $371,877 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $471,773 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Net assets without donor restrictions | $471,773 |
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 | $0 |
Total liabilities and net assets/fund balances | $471,773 |
Over the last fiscal year, we have identified 2 grants that Grand Island Livestock Complex Authority has recieved totaling $6,000.
Awarding Organization | Amount |
---|---|
Edgar Reynolds Foundation Inc Grand Island, NE PURPOSE: ARKSARBEN | $5,000 |
Fred & Amanda Glade Foundation Grand Island, NE PURPOSE: PROGRAM SUPPORT | $1,000 |
Organization Name | Assets | Revenue |
---|---|---|
American Shorthorn -Breeders- Association Platte Woods, MO | $1,422,691 | $1,659,701 |
Arabian Breeders Sweepstakes Aurora, CO | $9,308,288 | $858,297 |
Golden Retriever Club Of America Littleton, CO | $633,897 | $466,675 |
Grand Island Livestock Complex Authority Grand Island, NE | $471,773 | $565,711 |
German Shepherd Dog Club Of America Inc Saint Louis, MO | $523,555 | $495,868 |
Iowa Thoroughbred Breeders And Owners Association Altoona, IA | $1,041,000 | $379,828 |
Iowa State Aberdeen Angus Breeders Association Benton, IA | $140,586 | $435,692 |
United States Australian Shepherd Association Smithville, MO | $242,734 | $232,121 |
Loveland Longears Museum And Sculpture Park Loveland, CO | $12,638 | $219,293 |
South Dakota Reined Cow Horse Association Buffalo, SD | $114,604 | $240,443 |
Harleys Hope Foundation Colorado Springs, CO | $50,452 | $205,786 |
Dogsters Spay & Neuter Program Durango, CO | $709,506 | $835,605 |