Equipment Marketing & Distribution Association
- Assets
- $490.9k
- Revenue
- $227.3k
- Investments
- $0.0
- Employees
- 1
- Location
- Iowa City, IA
- Founding
- 03/1947
- Data as of
- 11/2021
- EIN
- 41-0741733
Organization Overview
Equipment Marketing & Distribution Association is located in Iowa City, IA. The organization was established in 1947. 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. Equipment Marketing & Distribution Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 11/2021, Equipment Marketing & Distribution Association generated $227.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $239.4k during the year ending 11/2021. As we would expect to see with falling revenues, expenses have declined by (1.1%) per year over the past 6 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING INFORMATION SERVICES TO MEMBER WHOLESALER-DISTRIBUTORS AND MANUFACTURER'S REPRESENTATIVES OF SHORTLINE AGRICULTURAL AND POWER OPERATING EQUIPMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EMDA FALL CONVENTION - THE PURPOSE OF THE CONVENTION IS TO PROVIDE INFORMATION, EDUCATION AND PROGRAMS TO MEMBERS. THE 2021 CONFERENCE WAS HELD IN OKLAHOMA CITY, OK. 79 BUSINESSES REGISTERED FOR THE CONVENTION.
EMDA SPRING MANAGEMENT WORKSHOP - THE PURPOSE OF THE WORKSHOP IS TO PROVIDE EDUCATION AND PROGRAMS TO MEMBERS. THE 2021 WORKSHOP WAS HELD IN JEKYLL, GA. THE WORKSHOP WAS ATTENDED BY A TOTAL OF 12 MEN AND WOMEN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patricia Collins Executive Vice President | Officer | 40 | $94,873 |
Kent Zimmerman President | OfficerTrustee | 0 | $0 |
Mark Tibbitts First Vice President | OfficerTrustee | 0 | $0 |
Steve Prouty Treasurer | OfficerTrustee | 0 | $0 |
Trey Price Second Vice President | Trustee | 0 | $0 |
Andy Robson Associate Director | Trustee | 0 | $0 |
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 | $160,573 |
| Investment income | $6,944 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $38,596 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $227,294 |
| 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. | $104,676 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,291 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,493 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,539 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,814 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $84,656 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $447 |
| Insurance | $2,239 |
| All other expenses | $2,848 |
| Total functional expenses | $239,354 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $27,321 |
| Savings and temporary cash investments | $13,868 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $24,313 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,208 |
| Net Land, buildings, and equipment | $6 |
| Investments—publicly traded securities | $421,229 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $490,945 |
| Accounts payable and accrued expenses | $63,834 |
| Grants payable | $0 |
| Deferred revenue | $790 |
| 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 | $64,624 |
| Net assets without donor restrictions | $426,321 |
| Net assets with donor restrictions | $0 |
| 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 | $490,945 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
German Farmers Mutual Assessment Insurance Assoc Of Hall County Inc Cairo, NE | $1,959,468 | $2,974,512 |
Iowa-Nebraska Farm Equipment Association Inc Johnston, IA | $8,633,028 | $3,095,740 |
Buffalo County Agricultural Association Kearney, NE | $14,912,793 | $2,842,209 |
South Dakota Farm Bureau Federation Huron, SD | $2,922,262 | $2,176,457 |
Dekalb County Farm Bureau Sycamore, IL | $2,798,652 | $1,236,356 |
National Assn Of Farm Broadcasters Platte City, MO | $5,376,583 | $1,403,716 |
Fox Valley Cooperative Farm Management Association Appleton, WI | $1,517,902 | $1,296,929 |
Mississippi Valley Farm Bus Assn Fairfield, IA | $0 | $944,274 |
Farm Equipment Manufacturers Association Saint Louis, MO | $4,847,175 | $923,223 |
Central Iowa Farm Business Assn Jefferson, IA | $566,912 | $990,824 |
Fayette County Agricultural Society West Union, IA | $1,416,189 | $1,190,275 |
Morgan County Agricultural Fair Association Jacksonville, IL | $905,083 | $1,324,759 |