Boone Nance Cattlemen is located in Albion, NE. The organization was established in 2008. 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. Boone Nance Cattlemen 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 12/2019, Boone Nance Cattlemen generated $47.2k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 16.6% each year . All expenses for the organization totaled $118.7k during the year ending 12/2019. 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
2019
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION PROMOTED BEEF & AGRICULTURE BY DONATING MONEY TO THE NEBRASKA CATTLEMAN'S ASSOCIATION AND NANCE COUNTY 4-H COUNCIL. IN ADDITION, THE ORGANIZATION PROVIDED SCHOLARSHIPS FOR STUDENTS ATTENDING POST- SECONDARDY SCHOOLS FOR AG PROGRAMS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Raymond Bennett President | 5 | $0 | |
Jay Beierman Vice Preside | 5 | $0 | |
John Kennedy Jr Secretary | 1 | $0 | |
Justin Frey Tresurer | 1 | $0 | |
Mark Niewohner Director | 1 | $0 | |
Ted Jensen Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $32,380 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $7,134 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $7,685 |
| Other Revenue | $0 |
| Total Revenue | $47,199 |
| 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 | $2,999 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $300 |
| Other expenses | $5,572 |
| Total expenses | $118,671 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $72,115 |
| Other assets | $0 |
| Total assets | $72,115 |
| Total liabilities | $771 |
| Net assets or fund balances | $71,344 |