Mohair Council Of America is located in San Angelo, TX. The organization was established in 1969. 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. As of 06/2022, Mohair Council Of America employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mohair Council Of America 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 06/2022, Mohair Council Of America generated $115.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.2%) each year. All expenses for the organization totaled $126.3k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (13.8%) per year over the past 7 years. 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
THE MOHAIR COUNCIL OF AMERICA PROMOTES THE GROWTH AND DEVELOPMENT OF THE MOHAIR INDUSTRY.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carlon Stapper President | 1 | $0 | |
Bonnie Naumann VP | 1 | $0 | |
Tommy Head Sec/treas | 5 | $0 | |
Ginger Perner Director | 1 | $0 | |
Paul Perner Director | 1 | $0 | |
Scott Mitchell Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $114,834 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $24 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $115,558 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $24,000 |
| Professional fees and other payments to independent contractors | $72,554 |
| Occupancy, rent, utilities, and maintenance | $600 |
| Printing, publications, postage, and shipping | $1,053 |
| Other expenses | $28,133 |
| Total expenses | $126,340 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $50,916 |
| Other assets | $0 |
| Total assets | $199,546 |
| Total liabilities | $0 |
| Net assets or fund balances | $199,546 |