Usda Inc is located in Eden Prairie, MN. The organization was established in 1999. 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. Usda Inc 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 12/2023, Usda Inc generated $8.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (61.3%) each year. All expenses for the organization totaled $39.1k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
USDA, INC. PROVIDES OPPORTUNITIES FOR APPROXIMATELY THREE HUNDRED DISTRIBUTORS OF SAFEGUARD PRODUCTS TO MEET FOR THE PURPOSE OF DEVELOPING STRATEGIES FOR THE MORE EFFECTIVE MARKETING OF SAFEGUARD PRODUCTS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matt Mock Chairman | 2 | $0 | |
Carrie Denhardt Director | 0 | $0 | |
Peter Probst Chairman | 2 | $0 | |
Sergio Gastelum Treasurer | 2 | $0 | |
John Rath Secretary | 2 | $0 | |
Matt Dempewolf Director | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,750 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $882 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $8,632 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $32,676 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $6,387 |
| Total expenses | $39,063 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $461,570 |
| Other assets | $0 |
| Total assets | $461,570 |
| Total liabilities | $0 |
| Net assets or fund balances | $461,570 |