Civic Intelligence

Wisconsin Beef Council Inc

990 • Fiscal year 2016 • EIN 39-1567345

Oct 01, 2015 to Sep 30, 2016 • Filed on Nov 29, 2016

632 Grand Canyon DriveMadison, WI 53711

(608) 833-7177

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

78th percentile

0.44x

Higher debt load relative to assets than 78% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

39th percentile

0.12x

Higher debt load relative to revenue than 39% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2016

Net Margin

49th percentile

2.9%

Higher net margin than 49% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

38th percentile

$108,597

Higher top officer pay than 38% of similar nonprofits.

Top officer pay equals 5.6% of source-year revenue.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2016

Asset Growth

85th percentile

21%

Faster asset growth than 85% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

72nd percentile

10.0%

Faster revenue growth than 72% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$513,485

Up $88,486 (+21%) from 2015

Net Assets

Up

$286,714

Up $56,033 (+24%) from 2015

Liabilities

Up

$226,771

Up $32,453 (+17%) from 2015

Revenue

Up

$1,940,711

Up $175,900 (+10.0%) from 2015

Expenses

Up

$1,884,678

Up $121,369 (+6.9%) from 2015

Net Income

Up

$56,033

Up $54,531 (+3631%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0Assets 2010: $487,110Liabilities 2010: $209,447Net Assets 2010: $277,6632010Assets 2011: $494,996Liabilities 2011: $192,986Net Assets 2011: $302,0102011Assets 2012: $395,020Liabilities 2012: $189,803Net Assets 2012: $205,2172012Assets 2013: $514,552Liabilities 2013: $196,009Net Assets 2013: $318,5432013Assets 2014: $443,333Liabilities 2014: $214,154Net Assets 2014: $229,1792014Assets 2015: $424,999Liabilities 2015: $194,318Net Assets 2015: $230,6812015Assets 2016: $513,485Liabilities 2016: $226,771Net Assets 2016: $286,7142016Assets 2017: $521,200Liabilities 2017: $264,175Net Assets 2017: $257,0252017Assets 2018: $457,771Liabilities 2018: $248,935Net Assets 2018: $208,8362018Assets 2019: $582,004Liabilities 2019: $240,914Net Assets 2019: $341,0902019Assets 2020: $623,838Liabilities 2020: $240,692Net Assets 2020: $383,1462020Assets 2021: $634,617Liabilities 2021: $239,424Net Assets 2021: $395,1932021Assets 2022: $611,387Liabilities 2022: $234,837Net Assets 2022: $376,5502022Assets 2023: $763,037Liabilities 2023: $379,955Net Assets 2023: $383,0822023

Highlighted filing

2016

Assets$513,485
Liabilities$226,771
Net Assets$286,714

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,839,2622010Expenses 2011: $1,875,6722011Expenses 2012: $1,994,4842012Revenue 2013: $1,922,219Expenses 2013: $1,808,893Net Income 2013: $113,3262013Revenue 2014: $1,822,775Expenses 2014: $1,912,139Net Income 2014: -$89,3642014Revenue 2015: $1,764,811Expenses 2015: $1,763,309Net Income 2015: $1,5022015Revenue 2016: $1,940,711Expenses 2016: $1,884,678Net Income 2016: $56,0332016Revenue 2017: $1,938,746Expenses 2017: $1,968,435Net Income 2017: -$29,6892017Revenue 2018: $2,049,405Expenses 2018: $2,097,594Net Income 2018: -$48,1892018Revenue 2019: $2,087,627Expenses 2019: $1,955,373Net Income 2019: $132,2542019Revenue 2020: $1,950,453Expenses 2020: $1,908,397Net Income 2020: $42,0562020Revenue 2021: $1,887,793Expenses 2021: $1,875,746Net Income 2021: $12,0472021Revenue 2022: $1,897,284Expenses 2022: $1,915,927Net Income 2022: -$18,6432022Revenue 2023: $1,940,525Expenses 2023: $1,933,993Net Income 2023: $6,5322023

Highlighted filing

2016

Revenue$1,940,711
Expenses$1,884,678
Net Income$56,033
Jump To
Filing Snapshot
Filing Period
Oct 1, 2015 to Sep 30, 2016
Signed
Nov 29, 2016
Return Version
2015v3.0
Gross Receipts
$1,940,711
Mission and Program Overview

Mission

To function as the beef promotion entity of wisconsin. To advance the image of beef and veal production.

To build beef demand that is sustainable for future generation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$216,515$296,482▲ $79,967
Accounts Receivable$144,445$153,946▲ $9,501
Land, Buildings, and Equipment, Net$40,355$32,298▼ $8,057
Inventories for Sale or Use$17,055$22,793▲ $5,738
Prepaid Expenses and Deferred Charges$8,416$19,631▲ $11,215
Cash and Non-Interest-Bearing Accounts$-1,787$-11,665▼ $9,878
Total Assets$424,999$513,485▲ $88,486
Liabilities
Accounts Payable and Accrued Expenses$194,318$226,771▲ $32,453
Total Liabilities$194,318$226,771▲ $32,453
Net Assets / Fund Balance
Unrestricted Net Assets$230,681$286,714▲ $56,033
Total Net Assets Fund Balance$230,681$286,714▲ $56,033
Total Liabilities and Net Assets / Fund Balance$424,999$513,485▲ $88,486

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$32,298$42,114$74,412
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
John FreitagExecutive DiFT$74,344$34,253$108,597

Board Members and Trustees

NameTitle
Matt BayerPresident
Arin CrooksPresident-el
Allan CihlarDirector
Austin ArndtDirector
Chuck AdamiDirector
Chuck BornDirector
Craig StatzDirector
Dave KoningDirector
David Lee SchneiderDirector
Debbi CalawayDirector
Dwight TruttmannDirector
Forrest JohnsonDirector
J Scott HoffmanDirector
Jay HeegDirector
Jeff JonesDirector
Jim RychtikDirector
Justin DiefenbachDirector
Mike BourkeDirector
Rosie LisoweDirector
Tina HinchleyDirector
Tod FlemingDirector
Val GaffneyDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,917,897
Investment Income
$1,078
Other Revenue
$21,736
Change in Net Assets
$56,033

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,940,711
Total Revenue per Audited Statements
$1,940,711
Total Revenue per Form 990
$1,940,711
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,576,793
Salaries, Compensation, and Employee Benefits$287,790
Grants and Similar Amounts Paid$20,095
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Payments to Affiliates---$1,216,769
Other Salaries and Wages---$123,750
Current Officers, Directors, Trustees, and Key Employees---$108,597
Advertising---$95,911
Travel---$38,364
Occupancy---$38,244
Office Expenses---$33,604
Fees for Services Accounting---$31,163
Other Employee Benefits---$27,194
Fees for Services Other---$26,088
All Other Expenses---$23,748
Grants to Domestic Orgs---$20,095
Payroll Taxes---$15,938
Conferences and Meetings---$13,133
Pension Plan Contributions---$12,311
Depreciation Depletion---$9,681
Other Expenses---$7,113
Insurance---$5,959
Information Technology---$4,456
Total Functional Expenses$0$0$0$1,884,678

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,884,678
Total Expenses per Audited Statements$1,884,678
Total Expenses per Form 990$1,884,678
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Wi Veterinary Medical AssociationMadision, WI6What Matters Project$10,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

A draft of the form 990 is reviewed by the executive director, chief financial officer and the board president prior to filing.

Form 990, Page 6, Part VI, Line 12C

At the time of employment, and annually thereafter, all employees of the wisconsin beef council are required to execute a conflict of interest disclosure affidavit. Each wisconsin beef council board director, at the time of appointment and annually thereafter, executes a conflict of interest disclosure affidavit. The affidavits require disclosure of any relationships that might create a conflict of interest and further require the individual to declare that he/she will not: 1) associated with representatives of related organizations in a manner that would impair the organization's independence or integrity; 2) disclose unauthorized information; or 3) accept gifts or discounts from related organizations. The executive director reviews all staff affidavits and determines whether a conflict of interest exists for any employee. The chairman of the board reviews the executive director's affidavit and determines whether a conflict of interest exists. The chairperson of the executive committee reviews all affidavits of the board directors and dtermines whether a conflict of interest exists.

Form 990, Page 6, Part VI, Line 15A

The executive committee determines the administrative budget for the wisconsin beef council. Staff salaries are part of the administrative budget. After the yearly budget is set, the executive director's salary is approved by the whole board of directors.

Form 990, Page 6, Part VI, Line 19

All information is available for inspection at the wisconsin beef council's office. We publish an annual report that is handed out at producer meetings and is posted on our website.

Filing and Contact Details

Filer

Filer Name
Wisconsin Beef Council Inc
EIN
39-1567345
Phone
6088337177
Address
632 GRAND CANYON DRIVE, MADISON, WI 53711

Signing Officer

Name
John Freitag
Title
Executive Director
Phone
6088337177
Signed
2016-11-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Freitag
Formed
1992
Legal Domicile
Wi
Voting Board Members
22
Independent Board Members
22
Employees
4
Volunteers
2

Preparer

Firm
Johnson Block & Co Inc
Address
2500 BUSINESS PARK ROAD, MINERAL POINT, WI 53565
Preparer
Brent Nelson
Phone
6089872206
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Research grant awarded for various reserch projects invovling beef and veal. Provide industry information on beef and veal. Provide producer communication on beef and veal industry information.

Financial Statement Notes

Schedule D, Page 3, Part X

Wisconsin beef council, inc. Is exempt from income taxes under section 501 (c)(6) of the internal revenue service code. Only unrelated business income, as defined by section 512(a)(1) of the code, is subject to federal income taxes. Wisconsin beef council, inc. Is also exempt from state income taxes. The corporation has adopted accounting guidance for recognizing and measuring uncertain tax positions. The corporation follows statutory requirements for income tax accounting and generally avoids risks associated with potentially problematic tax positions that may be challenged upon examination. Management believes any liability resulting from taxing authorities imposing income taxes from activities deemed to be unrelated to the corporation's tax-exempt status would not be material to the financial statements. The corporation's federal exempt organization returns are subject to examination by the internal revenue service, generally for three years after they are filed. With few exceptions, the corporation is no longer subject to such examinations for tax years before 2012.

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IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7PRESIDENT-EL
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22EXECUTIVE DI
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01992
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IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt022
IRS990/GrantsToDomesticOrgsGrp/TotalAmt020095
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01940711
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt022
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt04456
IRS990/InsuranceGrp/TotalAmt05959
IRS990/InventoriesForSaleOrUseGrp/BOYAmt017055
IRS990/InventoriesForSaleOrUseGrp/EOYAmt022793
IRS990/InvestmentIncomeGrp/ExclusionAmt01078
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01078
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IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt042114
IRS990/LandBldgEquipBasisNetGrp/BOYAmt040355
IRS990/LandBldgEquipBasisNetGrp/EOYAmt032298
IRS990/LandBldgEquipCostOrOtherBssAmt074412
IRS990/LegalDomicileStateCd0WI
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO BUILD BEEF DEMAND THAT IS SUSTAINABLE FOR FUTURE GENERATION.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0230681
IRS990/NetAssetsOrFundBalancesEOYAmt0286714
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt038244
IRS990/OfficeExpensesGrp/TotalAmt033604
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherEmployeeBenefitsGrp/TotalAmt027194
IRS990/OtherExpensesGrp/Desc0CI/CONSUMER EDUCATION
IRS990/OtherExpensesGrp/Desc1CI/HEALTH PROFESSIONAL PR
IRS990/OtherExpensesGrp/Desc2CI/CONS. NUT. EDUC. PROGR
IRS990/OtherExpensesGrp/Desc3II/WCA QUALITY ASSURANCE
IRS990/OtherExpensesGrp/TotalAmt012127
IRS990/OtherExpensesGrp/TotalAmt110516
IRS990/OtherExpensesGrp/TotalAmt29917
IRS990/OtherExpensesGrp/TotalAmt37113
IRS990/OtherRevenueMiscGrp/BusinessCd0561000
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0ADMINISTRATIVE SERVICES
IRS990/OtherRevenueMiscGrp/Desc1OTHER INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt0775
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt020961
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt020961
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1775
IRS990/OtherRevenueTotalAmt021736
IRS990/OtherSalariesAndWagesGrp/TotalAmt0123750
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt01216769
IRS990/PayrollTaxesGrp/TotalAmt015938
IRS990/PensionPlanContributionsGrp/TotalAmt012311
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt08416
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt019631
IRS990/PrincipalOfficerNm0JOHN FREITAG
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0WI CHECKOFF DEPOSITS
IRS990/ProgramServiceRevenueGrp/Desc1BEEF QUALITY ASSURANCE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01916832
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11065
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01916832
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11065
IRS990/ProgSrvcAccomActy2Grp/Desc0PAYMENTS TO AFFILIATES. INCLUDES ASSESSMENT REVENUES REMITTED TO OTHER STATES, BEEF BOARD, AND SUPPORT FOR NATIONAL PROGRAMS TO THE CATTLEMEN'S BEEF ASSOCIATION AND U.S. MEAT EXPORT FEDERATION.
IRS990/ProgSrvcAccomActy3Grp/Desc0PROVIDE CONSUMER INFORMATION ON BEEF AND VEAL
IRS990/ProgSrvcAccomActyOtherGrp/Desc0RESEARCH GRANT AWARDED FOR VARIOUS RESERCH PROJECTS INVOVLING BEEF AND VEAL. PROVIDE INDUSTRY INFORMATION ON BEEF AND VEAL. PROVIDE PRODUCER COMMUNICATION ON BEEF AND VEAL INDUSTRY INFORMATION.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt015000
IRS990/PYInvestmentIncomeAmt02473
IRS990/PYOtherExpensesAmt01477213
IRS990/PYOtherRevenueAmt0207
IRS990/PYProgramServiceRevenueAmt01762131
IRS990/PYRevenuesLessExpensesAmt01502
IRS990/PYSalariesCompEmpBnftPaidAmt0271096
IRS990/PYTotalExpensesAmt01763309
IRS990/PYTotalRevenueAmt01764811
IRS990/ReconcilationRevenueExpnssAmt056033
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0216515
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0296482
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt032298
IRS990ScheduleD/EquipmentGrp/DepreciationAmt042114
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt074412
IRS990ScheduleD/ExpensesSubtotalAmt01884678
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueSubtotalAmt01940711
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0WISCONSIN BEEF COUNCIL, INC. IS EXEMPT FROM INCOME TAXES UNDER SECTION 501 (C)(6) OF THE INTERNAL REVENUE SERVICE CODE. ONLY UNRELATED BUSINESS INCOME, AS DEFINED BY SECTION 512(A)(1) OF THE CODE, IS SUBJECT TO FEDERAL INCOME TAXES. WISCONSIN BEEF COUNCIL, INC. IS ALSO EXEMPT FROM STATE INCOME TAXES. THE CORPORATION HAS ADOPTED ACCOUNTING GUIDANCE FOR RECOGNIZING AND MEASURING UNCERTAIN TAX POSITIONS. THE CORPORATION FOLLOWS STATUTORY REQUIREMENTS FOR INCOME TAX ACCOUNTING AND GENERALLY AVOIDS RISKS ASSOCIATED WITH POTENTIALLY PROBLEMATIC TAX POSITIONS THAT MAY BE CHALLENGED UPON EXAMINATION. MANAGEMENT BELIEVES ANY LIABILITY RESULTING FROM TAXING AUTHORITIES IMPOSING INCOME TAXES FROM ACTIVITIES DEEMED TO BE UNRELATED TO THE CORPORATION'S TAX-EXEMPT STATUS WOULD NOT BE MATERIAL TO THE FINANCIAL STATEMENTS. THE CORPORATION'S FEDERAL EXEMPT ORGANIZATION RETURNS ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, GENERALLY FOR THREE YEARS AFTER THEY ARE FILED. WITH FEW EXCEPTIONS, THE CORPORATION IS NO LONGER SUBJECT TO SUCH EXAMINATIONS FOR TAX YEARS BEFORE 2012.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt032298
IRS990ScheduleD/TotalExpensesPerForm990Amt01884678
IRS990ScheduleD/TotalRevenuePerForm990Amt01940711
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01940711
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01884678
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt010000
IRS990ScheduleI/RecipientTable/IRCSectionDesc06
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0WHAT MATTERS PROJECT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0WI VETERINARY MEDICAL ASSOCIATION
IRS990ScheduleI/RecipientTable/RecipientEIN0390815822
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt04610 S BILTMORE LANE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0MADISION
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0WI
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd053718
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0REQUESTS FOR ASSISTANCE ARE REVIEWED AND APPROVED BY THE RELEVANT BOARD COMMITTEE. ASSISTANCE TO OTHER ORGANIZATIONS IS A PART OF EACH COMMITTEE'S BUDGET. WISCONSIN BEEF COUNCIL'S COMMITTEE BUDGETS ARE APPROVED BY THE FULL BOARD OF DIRECTORS. AFTER THE ASSISTANCE IS PROVIDED, WISCONSIN BEEF COUNCIL PERSONNEL WORK CLOSELY WITH THE ASSISTED ORGANIZATIONS AND MONITORS THE RESULTS OF THE PROJECTS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0RESEARCH GRANT AWARDED FOR VARIOUS RESERCH PROJECTS INVOVLING BEEF AND VEAL. PROVIDE INDUSTRY INFORMATION ON BEEF AND VEAL. PROVIDE PRODUCER COMMUNICATION ON BEEF AND VEAL INDUSTRY INFORMATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A DRAFT OF THE FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR, CHIEF FINANCIAL OFFICER AND THE BOARD PRESIDENT PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AT THE TIME OF EMPLOYMENT, AND ANNUALLY THEREAFTER, ALL EMPLOYEES OF THE WISCONSIN BEEF COUNCIL ARE REQUIRED TO EXECUTE A CONFLICT OF INTEREST DISCLOSURE AFFIDAVIT. EACH WISCONSIN BEEF COUNCIL BOARD DIRECTOR, AT THE TIME OF APPOINTMENT AND ANNUALLY THEREAFTER, EXECUTES A CONFLICT OF INTEREST DISCLOSURE AFFIDAVIT. THE AFFIDAVITS REQUIRE DISCLOSURE OF ANY RELATIONSHIPS THAT MIGHT CREATE A CONFLICT OF INTEREST AND FURTHER REQUIRE THE INDIVIDUAL TO DECLARE THAT HE/SHE WILL NOT: 1) ASSOCIATED WITH REPRESENTATIVES OF RELATED ORGANIZATIONS IN A MANNER THAT WOULD IMPAIR THE ORGANIZATION'S INDEPENDENCE OR INTEGRITY; 2) DISCLOSE UNAUTHORIZED INFORMATION; OR 3) ACCEPT GIFTS OR DISCOUNTS FROM RELATED ORGANIZATIONS. THE EXECUTIVE DIRECTOR REVIEWS ALL STAFF AFFIDAVITS AND DETERMINES WHETHER A CONFLICT OF INTEREST EXISTS FOR ANY EMPLOYEE. THE CHAIRMAN OF THE BOARD REVIEWS THE EXECUTIVE DIRECTOR'S AFFIDAVIT AND DETERMINES WHETHER A CONFLICT OF INTEREST EXISTS. THE CHAIRPERSON OF THE EXECUTIVE COMMITTEE REVIEWS ALL AFFIDAVITS OF THE BOARD DIRECTORS AND DTERMINES WHETHER A CONFLICT OF INTEREST EXISTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE EXECUTIVE COMMITTEE DETERMINES THE ADMINISTRATIVE BUDGET FOR THE WISCONSIN BEEF COUNCIL. STAFF SALARIES ARE PART OF THE ADMINISTRATIVE BUDGET. AFTER THE YEARLY BUDGET IS SET, THE EXECUTIVE DIRECTOR'S SALARY IS APPROVED BY THE WHOLE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL INFORMATION IS AVAILABLE FOR INSPECTION AT THE WISCONSIN BEEF COUNCIL'S OFFICE. WE PUBLISH AN ANNUAL REPORT THAT IS HANDED OUT AT PRODUCER MEETINGS AND IS POSTED ON OUR WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0424999
IRS990/TotalAssetsEOYAmt0513485
IRS990/TotalAssetsGrp/BOYAmt0424999
IRS990/TotalAssetsGrp/EOYAmt0513485
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt01884678
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0194318

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.76$0.38$0.38$1.94$1.93$0.01
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.61$0.23$0.38$1.90$1.92$0.02
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.63$0.24$0.40$1.89$1.88$0.01
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.62$0.24$0.38$1.95$1.91$0.04
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.58$0.24$0.34$2.09$1.96$0.13
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.46$0.25$0.21$2.05$2.10$0.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.52$0.26$0.26$1.94$1.97$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.51$0.23$0.29$1.94$1.88$0.06
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.42$0.19$0.23$1.76$1.76$0.00
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.44$0.21$0.23$1.82$1.91$0.09
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.51$0.20$0.32$1.92$1.81$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.40$0.19$0.21$1.99
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.49$0.19$0.30$1.88
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.49$0.21$0.28$1.84