National Cattlemens Beef Association Inc
- Assets
- $34.9m
- Revenue
- $54.2m
- Investments
- $0.0
- Employees
- 180
- Location
- Centennial, CO
- Founding
- 04/2001
- Data as of
- 09/2021
- EIN
- 84-0738973
Organization Overview
National Cattlemens Beef Association Inc is located in Centennial, CO. The organization was established in 2001. 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 09/2021, National Cattlemens Beef Association Inc employed 180 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Cattlemens Beef Association 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 09/2021, National Cattlemens Beef Association Inc generated $54.2m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $53.9m during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (1.9%) per year over the past 6 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SERVE THE BEEF INDUSTRY BY IMPROVING THE BUSINESS CLIMATE AND GROWING GLOBAL BEEF DEMAND.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO WORK TO INCREASE PROFIT OPPORTUNITIES FOR CATTLE AND BEEF PRODUCERS BY ENHANCING THE BUSINESS CLIMATE AND BUILDING CONSUMER DEMAND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Colin Woodall CEO | Officer | 39 | $423,394 |
Doug Evans CFO | Officer | 39 | $373,029 |
Richard Husted Thru 0920 Vp, Mkt Res/strategic Planning | 40 | $265,815 | |
Alisa Harrison Thru 0321 Sr Vp, Global Mktg & Research | Officer | 40 | $259,723 |
Marvin L Kokes Thru 1020 Sr Vp, Corp Relations & Events | Officer | 40 | $247,263 |
Todd Johnson Sr Vp, Federation Services | Officer | 40 | $239,336 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Google Inc Advertising | 9/29/21 | $2,213,895 |
Fishbait Solutions Llc Advertising | 9/29/21 | $705,000 |
Vml Inc Advertising | 9/29/21 | $5,278,728 |
Us Meat Export Federation Export | 9/29/21 | $4,390,450 |
Facebook Inc Advertising | 9/29/21 | $784,697 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $6,358,142 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $953,118 |
| 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 | $7,311,260 |
| Total Program Service Revenue | $46,257,725 |
| Investment income | $12,233 |
| 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 | $275,023 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $54,202,215 |
| 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. | $1,866,563 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $12,231,701 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,376,087 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $562,443 |
| Fees for services: Accounting | $103,013 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $26,153,507 |
| Advertising and promotion | $0 |
| Office expenses | $438,390 |
| Information technology | $375,782 |
| Royalties | $0 |
| Occupancy | $1,579,141 |
| Travel | $882,727 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,570,284 |
| Interest | $426 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $579,655 |
| Insurance | $142,242 |
| All other expenses | $0 |
| Total functional expenses | $53,927,313 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,520,333 |
| Savings and temporary cash investments | $11,475,484 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,299,294 |
| 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 | $274,307 |
| Net Land, buildings, and equipment | $1,191,779 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $131,057 |
| Total assets | $34,892,254 |
| Accounts payable and accrued expenses | $8,779,242 |
| Grants payable | $0 |
| Deferred revenue | $3,691,731 |
| 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 | $0 |
| Total liabilities | $12,470,973 |
| Net assets without donor restrictions | $22,421,281 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $34,892,254 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that National Cattlemens Beef Association Inc has recieved totaling $551,000.
| Awarding Organization | Amount |
|---|---|
Iowa Beef Cattle Producers Association Ames, IA PURPOSE: PROMOTION OF BEEF | $551,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Thunderbirds Phoenix, AZ | $33,696,955 | $84,390,943 |
Dairy Promotion Inc Kansas City, KS | $585,537 | $75,669,129 |
National Cattlemens Beef Association Inc Centennial, CO | $34,892,254 | $54,202,215 |
United States Meat Export Federation Inc Denver, CO | $20,783,822 | $49,870,327 |
Mgma-Acmpe Englewood, CO | $54,755,762 | $36,087,217 |
Mountain States Employers Council Inc Denver, CO | $41,916,661 | $36,504,782 |
Vail Valley Foundation Inc Avon, CO | $22,993,237 | $18,789,291 |
Scrum Alliance Inc Westminster, CO | $46,979,666 | $21,000,085 |
Investment Management Consultants Assn Inc Greenwood Village, CO | $30,192,603 | $13,414,601 |
National Council For Prescription Drug Programs Inc Scottsdale, AZ | $21,339,680 | $12,526,720 |
International Association Of Certified Home Inspectors Boulder, CO | $7,671,295 | $15,005,233 |
International Association For The Study Of Lung Cancer Denver, CO | $23,299,078 | $13,685,313 |