Colorado Wool Growers Association is located in Delta, CO. The organization was established in 1964. According to its NTEE Classification (K28) the organization is classified as: Farm Bureaus & Granges, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Colorado Wool Growers 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 12/2023, Colorado Wool Growers Association generated $67.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $59.6k during the year ending 12/2023. While expenses have increased by 2.8% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE ASSOCIATION PROMOTES AND EDUCATES THE PUBLIC CONCERNING LAMB AND WOOL PRODUCTS; AND REPRESENTS THE INDUSTRY IN THE LEGISLATIVE PROCESS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Field President | 0 | $0 | |
Julie Hansmire Treasurer | 0 | $0 | |
Bonnie Borwn-Eddy Executive Director | 0 | $0 | |
Brady Springer Region 1 VP | 0 | $0 | |
Terri Lamers Region 2 VP | 0 | $0 | |
J Paul Brown Region 3 VP | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $32,819 |
| Total Program Service Revenue | $0 |
| Membership dues | $12,937 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $9,255 |
| Other Revenue | $12,375 |
| Total Revenue | $67,386 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $3,349 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $8,204 |
| Occupancy, rent, utilities, and maintenance | $12,235 |
| Printing, publications, postage, and shipping | $7,629 |
| Other expenses | $28,222 |
| Total expenses | $59,639 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $122,126 |
| Other assets | $0 |
| Total assets | $123,622 |
| Total liabilities | $78 |
| Net assets or fund balances | $123,544 |