Cattle Marketing Information Service Inc
- Assets
- $10.2m
- Revenue
- $5.8m
- Investments
- $9.2m
- Employees
- 16
- Location
- Centennial, CO
- Founding
- 10/1968
- Data as of
- 07/2021
- EIN
- 84-0583095
Organization Overview
Cattle Marketing Information Service Inc, operating under the name Cattlefax, is located in Centennial, CO. The organization was established in 1968. 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 07/2021, Cattlefax employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cattlefax 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 07/2021, Cattlefax generated $5.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $4.9m during the year ending 07/2021. While expenses have increased by 1.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Cattlefax has awarded 30 individual grants totaling $201,650. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
COLLECT/ANALYZE DATA REGARDING THE CATTLE INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MARKET RESEARCH AND ANALYSIS: COLLECT, RESEARCH, AND ANALYZE DATA WITH RESPECT TO RAISING AND/OR FEEDING OF CATTLE IN ORDER TO PROMOTE COMMON BUSINESS INTERESTS AND ECONOMIC STABILITY OF THE CATTLE INDUSTRY; CONDUCT EDUCATIONAL SEMINARS AND RESEARCH PROJECTS RELATED TO THE CATTLE INDUSTRY. ATTENDANCE AT VARIOUS PROGRAMS IS ESTIMATED AT 5,000 PEOPLE; DATA PUBLISHED IN VARIOUS REPORTS WERE SENT TO APPROXIMATELY 4,500 PEOPLE.
CONSULTING FEES: PROVIDE EXPERTISE AND ASSISTANCE TO SUBSIDIARY FOR COLLECTING AND ANALYZING DATA IN CONNECTION WITH THE CATTLE INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Randy Blach Chief Executive Officer | OfficerTrustee | 40 | $718,290 |
Michael Murphy Market Analyst/risk Manage | Officer | 40 | $267,550 |
Duane Lenz General Manager | Officer | 40 | $249,538 |
Kevin Good Senior Analyst | 40 | $249,077 | |
Alan D Smith Director Of Protein | Officer | 40 | $170,269 |
William J Stuhlsatz Analyst | 40 | $150,252 |
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 | $4,273,879 |
| Investment income | $376,687 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,155,167 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,839,323 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $56,450 |
| 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. | $1,544,552 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,482,328 |
| Pension plan accruals and contributions | $127,897 |
| Other employee benefits | $301,641 |
| Payroll taxes | $149,126 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $60,646 |
| Fees for services: Accounting | $108,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $34,057 |
| Fees for services: Other | $79,939 |
| Advertising and promotion | $146,114 |
| Office expenses | $226,295 |
| Information technology | $101,338 |
| Royalties | $0 |
| Occupancy | $149,918 |
| Travel | $7,006 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $24,716 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $66,034 |
| Insurance | $35,800 |
| All other expenses | $0 |
| Total functional expenses | $4,873,879 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $650,957 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $69,764 |
| 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 | $157,219 |
| Net Land, buildings, and equipment | $102,012 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $9,249,085 |
| Investments—program-related | $0 |
| Intangible assets | $3,152 |
| Other assets | $0 |
| Total assets | $10,232,189 |
| Accounts payable and accrued expenses | $801,369 |
| Grants payable | $0 |
| Deferred revenue | $647,065 |
| 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 | $1,448,434 |
| Net assets without donor restrictions | $8,783,755 |
| 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 | $10,232,189 |
Grants Awarded
Over the last fiscal year, Cattle Marketing Information Service Inc has awarded $55,800 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
COLORADO STATE UNIVERSITY FOUNDATION PURPOSE: TO PROVIDE SUPPORT FOR THE FURTHERANCE OF AGRICULTURE AND EDUCATION. | $43,300 |
Denver, CO PURPOSE: LIVESTOCK PRODUCTION EDUCATION, EDUCATIONAL DEVELOPMENT OF YOUTH, EDUCATING THE GENERAL PUBLIC. | $12,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hall County Livestock Improvement Assn Inc Grand Island, NE | $7,356,944 | $18,700,644 |
Colorado State University Research Foundation Fort Collins, CO | $76,363,616 | $17,101,425 |
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 |
Cattle Marketing Information Service Inc Centennial, CO | $10,232,189 | $5,839,323 |
Oklahoma Cattlemens Association Inc Oklahoma City, OK | $1,815,271 | $1,815,588 |
Arizona National Livestock Show Inc Phoenix, AZ | $1,001,991 | $1,594,039 |
Colorado Cattlemens Association Arvada, CO | $3,242,404 | $2,014,038 |
Us Roundtable For Sustainable Beef Inc Centennial, CO | $493,946 | $884,885 |
Global Roundtable For Sustainable Beef Colorado Springs, CO | $422,575 | $590,262 |
Ottawa Craig Counties Cattlemens Association Incorporated Welch, OK | $26,489 | $646,288 |
Colorado Cattle Feeders Association Greeley, CO | $3,835,241 | $966,628 |