Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1b · Membership dues

  $6,640,143

• 2a · Program service revenue: BPOC CONTRACTS

  total $26,251,886 · related or exempt $26,251,886

• 2b · Program service revenue: STATE BEEF COUNCILS

  total $8,307,909 · related or exempt $8,307,909

• 2c · Program service revenue: SPONSORSHIPS/MEETINGS

  total $7,286,204 · related or exempt $7,286,204

• 2d · Program service revenue: ALLIED INDUSTRY/PRODUCT COUNCIL I

  total $2,380,472 · related or exempt $2,380,472

• 2e · Program service revenue: ADVERTISING

  total $903,693 · unrelated business $903,693

• 2f · All other program service revenue

  total $2,312,482 · related or exempt $2,312,482

• 3 · Investment income

  total $1,095,935 · excluded $1,095,935

• 6a · Gross rents

  real property $156,175

• 6b · Less rental expenses

  real property $156,175

• 6c · Rental income or loss

  real property $0

• 10a · Gross sales of inventory

  $806,169

• 10b · Cost of goods sold

  $500,805

• 10c · Net income from sales of inventory

  total $305,364 · related or exempt $305,364

• 11a · Other revenue: REIMBURSEMENTS

  total $276,305 · related or exempt $276,305

• 11b · Other revenue: ADMINSTRATIVE REVENUE

  total $114,400 · related or exempt $114,400

• 11e · Other revenue, total

  $390,705

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $1,905,059

• 7 · Other salaries and wages

  total $16,505,623

• 9 · Other employee benefits

  total $3,081,937

• 11b · Fees: legal

  total $572,558

• 11c · Fees: accounting

  total $146,145

• 11g · Fees: other

  total $21,652,911

• 13 · Office expenses

  total $642,147

• 14 · Information technology

  total $368,123

• 16 · Occupancy

  total $1,522,847

• 17 · Travel

  total $2,222,634

• 19 · Conferences, conventions and meetings

  total $4,509,460

• 22 · Depreciation, depletion and amortization

  total $291,950

• 23 · Insurance

  total $162,828

• 24a · Other expenses: PROGRAM MATERIALS

  total $1,206,108

• 24b · Other expenses: CREDIT CARD PROCESSING

  total $273,127

• 24c · Other expenses: MISCELLANEOUS EXPENSE

  total $185,501

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $7,621,923 · end of year $5,761,424

• 2 · Savings and temporary cash investments

  beginning of year $19,266,480 · end of year $22,160,281

• 4 · Accounts receivable

  beginning of year $6,020,798 · end of year $6,233,446

• 9 · Prepaid expenses and deferred charges

  beginning of year $658,568 · end of year $669,362

• 10a · Land, buildings and equipment: cost or other basis

  $7,241,154

• 10b · Land, buildings and equipment: accumulated depreciation

  $6,699,063

• 10c · Land, buildings and equipment, net

  beginning of year $740,113 · end of year $542,091

• 15 · Other assets

  beginning of year $3,006,819 · end of year $1,921,291

• 17 · Accounts payable and accrued expenses

  beginning of year $6,010,082 · end of year $5,907,390

• 19 · Deferred revenue

  beginning of year $5,531,812 · end of year $6,304,087

• 25 · Other liabilities

  beginning of year $3,785,062 · end of year $2,393,323

• 27 · Net assets without donor restrictions

  beginning of year $21,987,745 · end of year $22,683,095

The filer's explanations (Part III)

SCHEDULE J, PART II:

IN ACCORDANCE WITH THE INSTRUCTIONS FOR FORM 990, SCHEDULE J, THE ORGANIZATION HAS REPORTED COMPENSATION AND BENEFIT INFORMATION AS REQUIRED. THIS INCLUDES: - THE INCLUSION OF FORM W-2, BOX 5 REPORTED COMPENSATION IN COLUMN (B) - RETIREMENT AND DEFERRED COMPENSATION IN COLUMN (C) - CONTRIBUTIONS TO FRINGE BENEFITS (HEALTH AND OTHER BENEFIT PROGRAMS) IN COLUMN (D) - TOTAL OF THESE COLUMNS IS INCLUDED IN COLUMN (E). IN ORDER TO PROVIDE THE READER WITH ADDITIONAL INFORMATION REGARDING THE "NET CASH" RECEIVED BY THE INDIVIDUAL, THE ORGANIZATION HAS PROVIDED THE CHART BELOW TO ILLUSTRATE THE AMOUNT RECEIVED BY THE INDIVIDUAL AFTER PAYROLL DEDUCTIONS. THIS INFORMATION IS NOT REQUIRED BY THE IRS AND IS PROVIDED FOR INFORMATIONAL PURPOSES. NATIONAL CATTLEMEN'S BEEF ASSOCIATION SUPPLEMENTAL COMPENSATION DISCLOSURE (A) (B) (C) NAME TOTAL GROSS COMP LESS: DEDUCTIONS NET CASH COMP COLIN WOODALL 465,715 (203,320) 262,395 DOUG EVANS 477,748 (194,949) 282,799 JENNIFER NEALSON 331,444 (149,451) 181,993 TODD JOHNSON 307,614 (129,685) 177,929 ETHAN LANE 320,971 (155,105) 165,866 JOHN ROBINSON 293,936 (115,565) 178,371 MANDY CARR 262,436 (114,269) 148,167 MICHAEL PETERSEN 262,204 (116,546) 145,658 ELISEO TAPIA 237,233 (113,102) 124,131 SHALENE MCNEILL 243,175 (102,865) 140,310 (A) PER FORM 990 SCHEDULE J COLUMN E. (B) DEDUCTIONS INCLUDE ANY REDUCTION TO GROSS PAY TO ARRIVE AT AN EMPLOYEE'S NET PAYCHECK (IE. TAXES, 401K, INSURANCE, ETC). (C) NET CASH COMPENSATION IS THE NET PAYMENT RECEIVED BY THE EMPLOYEE ON THEIR PAYCHECK.