Texas Cattle Feeders Association
- Assets
- $5.9m
- Revenue
- $4.9m
- Investments
- $0.0
- Employees
- 19
- Location
- Amarillo, TX
- Founding
- 06/1967
- Data as of
- 09/2022
- EIN
- 75-1244584
Organization Overview
Texas Cattle Feeders Association is located in Amarillo, TX. The organization was established in 1967. According to its NTEE Classification (K03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 09/2022, Texas Cattle Feeders Association employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas Cattle Feeders 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 09/2022, Texas Cattle Feeders Association generated $4.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $4.6m during the year ending 09/2022. While expenses have increased by 3.2% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SERVE AND ADVANCE THE CATTLE FEEDING INDUSTRY IN TEXAS, OKLAHOMA AND NEW MEXICO THROUGH EDUCATION, PUBLIC RELATIONS, PROMOTION OF FED BEEF PRODUCTION AND REPRESENTATION IN LEGISLATIVE AND REGULATORY ISSUES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL PROGRAMS, SEMINARS AND EVENTS PROVIDED TO MEMBERS AND PUBLICATION OF THE CATTLE FEEDERS RESOURCES GUIDE TO INFORM MEMBERS ON INDUSTRY ISSUES AND PROVIDE INFORMATION ON VARIOUS AGRICULTURAL PRODUCTS AND SERVICES.
PROMOTING CATTLE FEEDING THROUGH PUBLIC RELATIONS AND EDUCATIONAL ACTIVITIES INTENDED TO ENHANCE FED BEEF PRODUCTION AND INCREASE CONSUMER CONFIDENCE IN BEEF.
MEMBER SERVICES DESIGNED TO EDUCATE AND ASSIST MEMBERS WITH LEGISLATIVE AND REGULATORY AGENCY COMPLIANCE AND MARKET INFORMATION.
OTHER
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Benjamin Weinheimer President & | Officer | 70 | $264,163 |
Kevin H Buse Chairman | Trustee | 3 | $0 |
Jim Friemel Director | Trustee | 0.5 | $0 |
Larry Brown Director | Trustee | 0.5 | $0 |
Laphe Laroe Director | Trustee | 0.5 | $0 |
Thomas A Portillo DVM Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $3,429,357 |
| 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 | $3,429,357 |
| Total Program Service Revenue | $1,463,212 |
| Investment income | $47,649 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,940,218 |
| 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. | $264,163 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,158,261 |
| Pension plan accruals and contributions | $155,307 |
| Other employee benefits | $249,410 |
| Payroll taxes | $96,697 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,323 |
| Fees for services: Accounting | $23,023 |
| 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 | $308,802 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $95,517 |
| Travel | $95,520 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $543,400 |
| Interest | $0 |
| Payments to affiliates | $903,001 |
| Depreciation, depletion, and amortization | $118,524 |
| Insurance | $13,178 |
| All other expenses | $95,311 |
| Total functional expenses | $4,563,015 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $181,596 |
| Savings and temporary cash investments | $4,671,894 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $99,979 |
| 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 | $59,674 |
| Net Land, buildings, and equipment | $570,133 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $336,953 |
| Total assets | $5,920,229 |
| Accounts payable and accrued expenses | $112,520 |
| Grants payable | $0 |
| Deferred revenue | $658,518 |
| 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 | $447,827 |
| Total liabilities | $1,218,865 |
| 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 | $4,701,364 |
| Total liabilities and net assets/fund balances | $5,920,229 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Texas Cattle Feeders Association Amarillo, TX | $5,920,229 | $4,940,218 |
New Mexico Land Conservancy Santa Fe, NM | $3,774,909 | $4,005,954 |
Texas Association For School Nutrition Austin, TX | $973,126 | $794,515 |
Recirculating Farms Coalition New Orleans, LA | $1,618,016 | $1,507,053 |
New Mexico Winegrowers Association Inc Albuquerque, NM | $293,136 | $581,592 |
Southwest Council Of Agribusiness Inc Lubbock, TX | $481,899 | $376,612 |
Texas Grain And Feed Association Fort Worth, TX | $1,600,900 | $404,039 |
Mid-South Soybean Board Inc Little Rock, AR | $766,232 | $503,717 |
International Society Of Beverage Technologists Dallas, TX | $1,085,799 | $256,626 |
Ozark Food Processors Association Fayetteville, AR | $0 | $0 |
New Mexico Food Dealers Assn Belen, NM | $248,867 | $188,440 |
Buffalo Gap Wine & Food Summit Inc Abilene, TX | $59,425 | $0 |