Cottonwood County Agricultural Society
- Assets
- $469.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Windom, MN
- Founding
- 03/1945
- Data as of
- 10/2021
- EIN
- 41-0730873
Organization Overview
Cottonwood County Agricultural Society is located in Windom, MN. The organization was established in 1945. 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. Cottonwood County Agricultural Society is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 10/2021, Cottonwood County Agricultural Society generated $113.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $135.0k during the year ending 10/2021. While expenses have increased by 7.7% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Hanson Vice Chairman | 4 | $1,840 | |
Chris Grunewald Chairman | 4 | $1,840 | |
Kay Gross Treasurer | 4 | $1,840 | |
Holly Larson Secretary | 4 | $1,680 | |
Bailey Turner Premium Secretary | 4 | $1,380 | |
Sally Larson Premium Secretary | 4 | $1,340 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $96,480 |
| Total Program Service Revenue | $0 |
| Membership dues | $75 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $13,906 |
| Other Revenue | $3,380 |
| Total Revenue | $113,841 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $15,382 |
| Salaries, other compensation, and employee benefits | $18,992 |
| Professional fees and other payments to independent contractors | $33,869 |
| Occupancy, rent, utilities, and maintenance | $60,730 |
| Printing, publications, postage, and shipping | $1,450 |
| Other expenses | $4,537 |
| Total expenses | $134,960 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $44,196 |
| Other assets | $0 |
| Total assets | $469,547 |
| Total liabilities | $0 |
| Net assets or fund balances | $469,547 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Iowa-Nebraska Farm Equipment Association Inc Johnston, IA | $8,633,028 | $3,095,740 |
South Dakota Farm Bureau Federation Huron, SD | $2,922,262 | $2,176,457 |
North Dakota Crop Improvement & Seed Association Fargo, ND | $643,754 | $1,270,188 |
Fox Valley Cooperative Farm Management Association Appleton, WI | $1,517,902 | $1,296,929 |
Mississippi Valley Farm Bus Assn Fairfield, IA | $0 | $944,274 |
Central Iowa Farm Business Assn Jefferson, IA | $566,912 | $990,824 |
Fayette County Agricultural Society West Union, IA | $1,416,189 | $1,190,275 |
Northern Plains Potato Growers Association East Grand Forks, MN | $1,522,109 | $1,231,654 |
Wisconsin Crop Improvement Association Agronomy Building Middleton, WI | $1,498,748 | $660,442 |
Wisconsin State Cranbery Growers Association Wisconsin Rapids, WI | $202,268 | $675,448 |
Scott County Agricultural Society Inc Jordan, MN | $1,086,057 | $784,804 |
North Dakota Grain Growers Association West Fargo, ND | $770,775 | $713,248 |