Equity Livestock Credit Corporation

Organization Overview

Equity Livestock Credit Corporation is located in Baraboo, WI. The organization was established in 1992. According to its NTEE Classification (K26) the organization is classified as: Animal Husbandry, 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. Equity Livestock Credit Corporation is a 501(c)(16) and as such, is described as a "Cooperative Organization to Finance Crop Operations" by the IRS.

For the year ending 12/2021, Equity Livestock Credit Corporation generated $376.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $193.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE FINANCING FOR PRODUCERS IN FEEDER CATTLE OPERATIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION MADE PLACEMENTS TO PRODUCERS AMOUNTING TO APPROXIMATELY $488,068. THIS ENABLED PRODUCERS TO FINANCE, CONTINUE AND EXPAND THEIR OPERATIONS UNDER CODE SECTIONS 521 AND 501(C)(16).


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Board, Officers & Key Employees

Name (title)Compensation
Steve Schleis
Secretary/treasurer
$1,200
David Wilke
Vice Chairman
$1,200
Karl Merow
Assistant Secretary/treasu
$1,200
Allan Cihlar
Director
$1,200
Les Danielson
Chairman
$600
Peter Kleiman
Director
$600

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$370,317
Investment income $1,759
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 $376,576

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