Form 990 for tax year 2023
Filed by IOWA BEEF CATTLE PRODUCERS ASSOCIATION.
Totals
- Total revenue
- $3,513,436
- Total expenses
- $3,537,401
- Contributions and grants received
- $0
- Grants paid
- $1,667,703
- Program service revenue
- $3,391,813
- Investment income
- $121,623
- Other revenue
- $0
- Total assets, end of year
- $3,560,403
- Total liabilities, end of year
- $266,388
- Net assets or fund balances, end of year
- $3,294,015
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: NATIONAL BEEF CHECKOFF FEES
total $1,708,169 · related or exempt $1,708,169
-
2b · Program service revenue: IOWA BEEF CHECKOFF FEES
total $1,621,234 · related or exempt $1,621,234
-
2c · Program service revenue: BEEF CERTIFICATE EXPIRED
total $62,385 · related or exempt $62,385
-
2d · Program service revenue: RESALE ITEMS
total $25 · related or exempt $25
-
3 · Investment income
total $121,623 · excluded $121,623
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,667,703
-
5 · Compensation of officers, directors and key employees
total $131,517
-
7 · Other salaries and wages
total $338,907
-
8 · Pension plan contributions
total $9,076
-
9 · Other employee benefits
total $36,817
-
10 · Payroll taxes
total $38,184
-
11b · Fees: legal
total $539
-
11c · Fees: accounting
total $16,100
-
12 · Advertising and promotion
total $414,722
-
13 · Office expenses
total $1,099
-
14 · Information technology
total $6,372
-
16 · Occupancy
total $53,849
-
17 · Travel
total $93,917
-
19 · Conferences, conventions and meetings
total $1,384
-
22 · Depreciation, depletion and amortization
total $21,572
-
23 · Insurance
total $12,532
-
24a · Other expenses: RESEARCH
total $290,750
-
24b · Other expenses: PRODUCER COMMUNICATION
total $141,386
-
24c · Other expenses: CONSUMER INFORMATION
total $58,604
-
24d · Other expenses: BEEF QUALITY ASSURANCE
total $55,296
-
24e · All other expenses
total $147,075
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,535,689 · end of year $1,896,105
-
2 · Savings and temporary cash investments
beginning of year $547,529 · end of year $1,042,891
-
4 · Accounts receivable
beginning of year $1,071 · end of year $3,450
-
9 · Prepaid expenses and deferred charges
beginning of year $3,824 · end of year $3,833
-
10a · Land, buildings and equipment: cost or other basis
$206,779
-
10b · Land, buildings and equipment: accumulated depreciation
$142,320
-
10c · Land, buildings and equipment, net
beginning of year $86,031 · end of year $64,459
-
11 · Investments: publicly traded securities
beginning of year $178,650 · end of year $225,238
-
12 · Investments: other securities
beginning of year $104,722 · end of year $258,561
-
15 · Other assets
beginning of year $98,428 · end of year $65,866
-
17 · Accounts payable and accrued expenses
beginning of year $6,607 · end of year $19,322
-
25 · Other liabilities
beginning of year $277,953 · end of year $247,066
-
27 · Net assets without donor restrictions
beginning of year $3,271,384 · end of year $3,294,015
Mission and programs · 2023
Mission
THE ORGANIZATION IS DEDICATED TO EXPANDING CONSUMER DEMAND FOR BEEF, STRENGTHENING BEEF'S POSITION IN THE GLOBAL MARKETPLACE, AND IMPROVING PRODUCER PROFITABILITY.
Activities or mission (Part I)
EXPANDING CONSUMER DEMAND FOR BEEF, STRENGTHENING ITS POSITION IN THE GLOBAL MARKETPLACE (SCH O)AND IMPROVING PRODUCER PROFITABILITY.
-
BEEF PROMOTION - NATIONAL. HELPS FUND NATIONAL BEEF PROMOTIONAL ACTIVITIES, BOTH DOMESTICALLY AND INTERNATIONALLY, THROUGH ORGANIZATIONS SUCH AS THE U.S. MEAT EXPORT FEDERATION, THE FEDERATION OF STATE BEEF COUNCILS, AND OTHERS.
-
BEEF PROMOTION - STATE. HELPS PROMOTE DEMAND FOR BEEF IN IOWA, DOMESTICALLY, AND INTERNATIONALLY THROUGH CONSUMER ADVERTISING, RETAIL AND FOOD SERVICE PROMOTIONS, EDUCATIONAL AND OTHER PROGRAMS.
-
PRODUCER COMMUNICATION. COMMUNICATES CHECKOFF-RELATED INFORMATION TO BEEF PRODUCERS AND HELPS KEEP THEM INFORMED ABOUT RELATED PROGRAMS AND ACTIVITIES OF THE INVESTMENT.
As filed on the 2023 return.
Listed in Part VII
-
Dan HanrahanDAN HANRAHAN
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Jenni BirkerJENNI BIRKER
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Kent MusfeldtKENT MUSFELDT
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Corrine RoweCORRINE ROWE
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Scott CherneSCOTT CHERNE
AT LARGE DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Grant PotadleGRANT POTADLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Michael NaigMICHAEL NAIG
SECRETARY OF AG - DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Shayne WieseSHAYNE WIESE
ICA APPOINTED REP
- Total calculated
- $0
- Hours/week
- 2
-
Jim ChristensenJIM CHRISTENSEN
ICA APPOINTED REP
- Total calculated
- $0
- Hours/week
- 2
-
Maggie MullerMAGGIE MULLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Daniel RobisonDANIEL ROBISON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Janine MooreJANINE MOORE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Kent PruismannKENT PRUISMANN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Dean BlackDEAN BLACK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Scott McGregorSCOTT MCGREGOR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Don SwansonDON SWANSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Garret EnglinGARRET ENGLIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Ann WhitakerANN WHITAKER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Rebecca DostalREBECCA DOSTAL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Emily FoxEMILY FOX
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Amy GlickAMY GLICK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Lydia GrantLYDIA GRANT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Mike AndersonMIKE ANDERSON
EXECUTIVE DIRECTOR
- Total calculated
- $131,517
- From this org
- $121,106
- From related orgs
- $0
- Other
- $10,411
- Hours/week
- 50
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
PROMOTION OF BEEF
-
SUPPORT FOR PROGRAMS
-
SUPPORT FOR PROGRAMS
-
BEEF RETAIL PROMOTIONS CONDUCTED INTERNATIONALLY
-
SUPPORT FOR PROGRAMS
-
SUPPORT FOR PROGRAMS
-
SUPPORT FOR PROGRAMS
-
$0
SUPPORT FOR PROGRAMS
-
SUPPORT FOR PROGRAMS/PROMOTE BEEF
-
PROMOTE BEEF
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 25 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202413309349300761
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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