Mississippi Cattlemens Association
- Assets
- $594.5k
- Revenue
- $512.4k
- Investments
- $79.9k
- Employees
- 7
- Location
- Jackson, MS
- Founding
- 08/1950
- Data as of
- 12/2022
- EIN
- 64-0296477
Organization Overview
Mississippi Cattlemens Association is located in Jackson, MS. The organization was established in 1950. According to its NTEE Classification (K26) the organization is classified as: Animal Husbandry, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2022, Mississippi Cattlemens Association employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mississippi Cattlemens 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 12/2022, Mississippi Cattlemens Association generated $512.4k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $521.0k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
CATTLE OPERATIONS INFORMATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
INFORMATION TO MEMBERS AND INTERESTED PERSONS TO EXPAND KNOWLEDGE OF AND INCREASE THE IMPORTANCE OF THE RAISING OF CATTLE AS AN AGRICULTURAL INDUSTRY IN MISSISSIPPI.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andy Berry Executive VP | OfficerTrustee | 40 | $42,579 |
Pat Baker Area 1 VP | OfficerTrustee | $0 | |
Hollis Blackwell Area 6 VP | OfficerTrustee | $0 | |
Nick Contestabile Area 9 VP | OfficerTrustee | $0 | |
John Corley Area 10 VP | OfficerTrustee | $0 | |
Joe Hancock Board Member | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $54,529 |
| 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 | $54,529 |
| Total Program Service Revenue | $213,157 |
| Investment income | $4,341 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,710 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $512,415 |
| 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. | $42,579 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $93,000 |
| Pension plan accruals and contributions | $8,740 |
| Other employee benefits | $0 |
| Payroll taxes | $20,694 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,915 |
| 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 | $197,218 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $14,808 |
| Travel | $4,339 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $126,144 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $508 |
| Insurance | $0 |
| All other expenses | -$121,296 |
| Total functional expenses | $521,016 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $241,734 |
| Savings and temporary cash investments | $37,316 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $40,475 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $6,061 |
| Prepaid expenses and deferred charges | $961 |
| Net Land, buildings, and equipment | $6,143 |
| Investments—publicly traded securities | $176,917 |
| Investments—other securities | $79,859 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,026 |
| Total assets | $594,492 |
| Accounts payable and accrued expenses | $3,977 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $97,318 |
| Total liabilities | $101,295 |
| Net assets without donor restrictions | $0 |
| 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 | $493,197 |
| Total liabilities and net assets/fund balances | $594,492 |