Illinois Agricultural Resource Council Inc
- Assets
- $39.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ottawa, IL
- Founding
- 07/2008
- Data as of
- 01/2023
- EIN
- 20-3374637
Organization Overview
Illinois Agricultural Resource Council Inc is located in Ottawa, IL. The organization was established in 2008. According to its NTEE Classification (K05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Illinois Agricultural Resource Council Inc 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 01/2023, Illinois Agricultural Resource Council Inc generated $59.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (18.6%) each year. All expenses for the organization totaled $42.2k during the year ending 01/2023. As we would expect to see with falling revenues, expenses have declined by (21.3%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Penny Lauritzen President | 5 | $0 | |
Krista Robertson Vice President | 5 | $0 | |
Sarah Michaels Secretary | 5 | $0 | |
Nathalie Schmidt Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $51,772 |
| Total Program Service Revenue | $7,699 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $392 |
| Total Revenue | $59,863 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $188 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $914 |
| Total expenses | $42,235 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $39,329 |
| Other assets | $0 |
| Total assets | $39,329 |
| Total liabilities | $0 |
| Net assets or fund balances | $39,329 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dairy Science Institute Inc Rosemont, IL | $22,817,697 | $4,318,191 |
Illinois Nutrient Research And Education Council Springfield, IL | $3,413,947 | $3,331,496 |
Chicago Food Policy Advisory Council Nfp Chicago, IL | $1,425,590 | $1,779,619 |
Reap Food Group Inc Madison, WI | $800,313 | $1,143,194 |
Protect The Harvest Brownsburg, IN | $776,682 | $96,127 |
Grassworks Inc Hillsboro, WI | $198,816 | $345,814 |
Iowa Citizens For Community Improvement Action Fund Des Moines, IA | $1,174,350 | $359,355 |
High Arctic Institute Incorporated Orion, IL | $81,507 | $0 |
Illinois Agricultural Resource Council Inc Ottawa, IL | $39,329 | $0 |
North Central Iowa Research Association Kanawha, IA | $809,509 | $79,280 |
Muscatine Island Truck Growers Association Fruitland, IA | $433,319 | $19,639 |
Southern Soybean Research Program Inc Princeton, KY | $68,464 | $0 |
Northwest Iowa Experimental Farm Association Sutherland, IA | $2,553,960 | -$24,350 |