North Central Bean Dealers Association is located in Thompson, ND. The organization was established in 1992. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North Central Bean Dealers 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 12/2022, North Central Bean Dealers Association generated $120.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $102.5k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
PROVIDING A FORUM FOR MEMBERS TO DISCUSS MATTERS OF IMPORTANCE AND TO PROVIDE EDUCATIONAL COURSES RELATIVE TO EDIBLE BEANS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dean Nelson President | 1 | $0 | |
Rick Harpestad Vice President | 1 | $0 | |
Dylan Karley Director | 1 | $0 | |
David Scholand Director | 1 | $0 | |
Keaton Flanagan Director | 1 | $0 | |
Nate Van Wechel Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,300 |
| Total Program Service Revenue | $57,570 |
| Membership dues | $38,600 |
| Investment income | $542 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $6,650 |
| Total Revenue | $120,662 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $13,800 |
| Professional fees and other payments to independent contractors | $790 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,574 |
| Other expenses | $78,301 |
| Total expenses | $102,465 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $268,220 |
| Other assets | $0 |
| Total assets | $268,220 |
| Total liabilities | $0 |
| Net assets or fund balances | $268,220 |