North American Corriente Association
- Assets
- $36.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chamberlain, SD
- Founding
- 06/1983
- Data as of
- 12/2021
- EIN
- 81-0409680
Organization Overview
North American Corriente Association is located in Chamberlain, SD. The organization was established in 1983. 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 American Corriente 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 12/2021, North American Corriente Association generated $19.5k 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 (13.5%) each year. All expenses for the organization totaled $23.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (11.8%) 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
2021
Describe the Organization's Program Activity:
Part 3
TO PROMOTE THE SPECIALITY CATTLE BREEDING PROGRAMS TO PRESERVE THE CORRIENTE BREED AND INCREASE THE NUMBER OF CORRIENTE CATTLE REGISTERED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nikki Ashley Executive Se | 0 | $12,000 | |
Calvin Schwartz President | 0 | $0 | |
Douglas Dale Vice Preside | 0 | $0 | |
Russell Drury Member | 0 | $0 | |
Rick Schlutz Sec/treasure | 0 | $0 | |
David Woodham Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $19,478 |
| Membership dues | $0 |
| Investment income | $26 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $19,504 |
| 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 | $13,903 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $215 |
| Other expenses | $9,221 |
| Total expenses | $23,339 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $36,258 |
| Other assets | $0 |
| Total assets | $36,258 |
| Total liabilities | $30,943 |
| Net assets or fund balances | $5,315 |
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