National Bison Assoc is located in Westminster, CO. The organization was established in 1991. 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 12/2022, National Bison Assoc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Bison Assoc is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2022, National Bison Assoc generated $625.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $604.8k during the year ending 12/2022. While expenses have increased by 3.0% per year over the past 8 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO BRING TOGETHER STAKEHOLDERS TO CELEBRATE THE HERITAGE OF AMERICAN BISON/BUFFALO, TO EDUCATE, AND TO CREATE A SUSTAINABLE FUTURE FOR OUR INDUSTRY
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONVENTIONS:PROVIDE EDUCATION AND TRAINING TO BOTH MEMBERS AND NON-MEMBERS REGARDING BREEDING, RAISING, AND MARKETING BISON
NATIONAL WESTERN STOCK SHOW EXHIBITION: EXHIBIT OF BISON AND EDUCATIONAL INFORMATION TO INFORM THE PUBLIC AND MEMBERS ABOUT THE BISON INDUSTRY AND BISON GENETICS
PUBLIC EDUCATION/PROMOTIONAL MATERIAL/RESEARCH/CHECKOFF: COMPILE INFORMATION AND PROMOTIONAL MATERIAL ABOUT BISON, PROMOTE PUBLIC AWARENESS, PROVIDE BISON SOURCE VERIFICATION, AND DISSEMINATE INFORMATION
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jim Matheson Executive Dir. | Trustee | 30 | $93,261 |
Lydia Whitman | 30 | $53,000 | |
Barb Dowdy | 25 | $40,442 | |
Mimi Hillenbrand Director | Trustee | 0 | $0 |
Stuart Schrag Director | Trustee | 0 | $0 |
Ken Klemm Vice President | OfficerTrustee | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $218,319 |
Fundraising events | $0 |
Related organizations | $17,016 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $116,468 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $351,803 |
Total Program Service Revenue | $274,337 |
Investment income | $614 |
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 | -$1,050 |
Miscellaneous Revenue | $0 |
Total Revenue | $625,704 |
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. | $93,261 |
Compensation of current officers, directors, key employees. | $93,261 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $93,345 |
Pension plan accruals and contributions | $3,599 |
Other employee benefits | $34,312 |
Payroll taxes | $13,919 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $13,913 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $6,600 |
Advertising and promotion | $65,265 |
Office expenses | $13,456 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $9,600 |
Travel | $8,374 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $91,700 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,382 |
Insurance | $6,088 |
All other expenses | $30,610 |
Total functional expenses | $604,773 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $259,961 |
Savings and temporary cash investments | $442,515 |
Pledges and grants receivable | $40,985 |
Accounts receivable, net | $33,466 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $49,572 |
Prepaid expenses and deferred charges | $27,079 |
Net Land, buildings, and equipment | $2,072 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $8,914 |
Other assets | $0 |
Total assets | $864,564 |
Accounts payable and accrued expenses | $21,802 |
Grants payable | $0 |
Deferred revenue | $358,562 |
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 | $380,364 |
Net assets without donor restrictions | $443,969 |
Net assets with donor restrictions | $40,231 |
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 | $864,564 |