Minnesota Livestock Breeders Association
- Assets
- $241.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Marine On Saint Croix, MN
- Founding
- 04/1963
- Data as of
- 06/2024
- EIN
- 41-0636593
Organization Overview
Minnesota Livestock Breeders Association is located in Marine On Saint Croix, MN. The organization was established in 1963. According to its NTEE Classification (K28) the organization is classified as: Farm Bureaus & Granges, 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. Minnesota Livestock Breeders Association is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 06/2024, Minnesota Livestock Breeders Association generated $31.2k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $24.9k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (2.6%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
SCHOLARSHIPS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jake Grass President | 1 | $0 | |
Mike Schutz 1st Vice President | 1 | $0 | |
Robert Sheehan 2nd Vice President | 1 | $0 | |
Steve Pooch Secretarytreasurer | 1 | $13,000 | |
Paul Krueger Director | 1 | $0 | |
Melissa Czeck Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,093 |
| Total Program Service Revenue | $0 |
| Membership dues | $1,436 |
| Investment income | $8,413 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3,230 |
| Total Revenue | $31,172 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $13,000 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $10,618 |
| Total expenses | $24,868 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $241,743 |
| Other assets | $0 |
| Total assets | $241,743 |
| Total liabilities | $0 |
| Net assets or fund balances | $241,743 |