Civic Intelligence

Iowa Beef Cattle Producers Association DBA Iowa Beef Industry Council

990 • Fiscal year 2014 • EIN 42-0931773

Oct 01, 2013 to Sep 30, 2014 • Filed on Mar 11, 2015

PO Box 45150014-0451

(515) 296-2305

Siviq Scores

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

Liabilities / Assets

78th percentile

0.17x

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

2014 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

78th percentile

0.15x

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

2014 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2014

Net Margin

51st percentile

4.1%

Higher net margin than 51% of similar nonprofits.

2014 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

56th percentile

$114,189

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 5.7% of source-year revenue.

2014 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2014

Asset Growth

62nd percentile

7.6%

Faster asset growth than 62% of similar nonprofits.

2014 filings • 501(c)5 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

41st percentile

1.0%

Faster revenue growth than 41% of similar nonprofits.

2014 filings • 501(c)5 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Flat

$1,710,821

Flat from 2014

Net Assets

Flat

$1,414,703

Flat from 2014

Liabilities

Flat

$296,118

Flat from 2014

Revenue

Flat

$2,018,689

Flat from 2014

Expenses

Flat

$1,935,349

Flat from 2014

Net Income

Flat

$83,340

Flat from 2014

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $1,471,940Liabilities 2011: $194,583Net Assets 2011: $1,277,3572011Assets 2012: $1,463,817Liabilities 2012: $224,866Net Assets 2012: $1,238,9512012Assets 2013: $1,590,125Liabilities 2013: $258,762Net Assets 2013: $1,331,3632013Assets 2014: $1,710,821Liabilities 2014: $296,118Net Assets 2014: $1,414,7032014Assets 2014: $1,710,821Liabilities 2014: $296,118Net Assets 2014: $1,414,7032014Assets 2015: $1,747,255Liabilities 2015: $293,110Net Assets 2015: $1,454,1452015Assets 2016: $1,832,994Liabilities 2016: $298,990Net Assets 2016: $1,534,0042016Assets 2017: $2,331,735Liabilities 2017: $326,201Net Assets 2017: $2,005,5342017Assets 2018: $3,138,308Liabilities 2018: $388,943Net Assets 2018: $2,749,3652018Assets 2019: $3,203,921Liabilities 2019: $130,403Net Assets 2019: $3,073,5182019Assets 2020: $2,866,151Liabilities 2020: $64,208Net Assets 2020: $2,801,9432020Assets 2021: $3,258,589Liabilities 2021: $194,285Net Assets 2021: $3,064,3042021Assets 2022: $3,114,310Liabilities 2022: $204,023Net Assets 2022: $2,910,2872022Assets 2023: $3,555,944Liabilities 2023: $284,560Net Assets 2023: $3,271,3842023Assets 2024: $3,560,403Liabilities 2024: $266,388Net Assets 2024: $3,294,0152024Assets 2025: $3,091,953Liabilities 2025: $234,195Net Assets 2025: $2,857,7582025

Highlighted filing

2014

Assets$1,710,821
Liabilities$296,118
Net Assets$1,414,703

Operations Trend

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

$4.0M$2.0M$0-$2.0MRevenue 2011: $1,976,772Expenses 2011: $2,091,371Net Income 2011: -$114,5992011Revenue 2012: $1,925,173Expenses 2012: $1,963,579Net Income 2012: -$38,4062012Revenue 2013: $1,998,367Expenses 2013: $1,905,955Net Income 2013: $92,4122013Revenue 2014: $2,018,689Expenses 2014: $1,935,349Net Income 2014: $83,3402014Revenue 2014: $2,018,689Expenses 2014: $1,935,349Net Income 2014: $83,3402014Revenue 2015: $1,938,890Expenses 2015: $1,899,448Net Income 2015: $39,4422015Revenue 2016: $1,949,441Expenses 2016: $1,869,582Net Income 2016: $79,8592016Revenue 2017: $2,756,482Expenses 2017: $2,284,952Net Income 2017: $471,5302017Revenue 2018: $3,450,117Expenses 2018: $2,706,286Net Income 2018: $743,8312018Revenue 2019: $3,458,656Expenses 2019: $3,134,503Net Income 2019: $324,1532019Revenue 2020: $3,145,327Expenses 2020: $3,416,902Net Income 2020: -$271,5752020Revenue 2021: $3,401,716Expenses 2021: $3,131,239Net Income 2021: $270,4772021Revenue 2022: $3,344,676Expenses 2022: $3,457,247Net Income 2022: -$112,5712022Revenue 2023: $3,534,952Expenses 2023: $3,197,756Net Income 2023: $337,1962023Revenue 2024: $3,513,436Expenses 2024: $3,537,401Net Income 2024: -$23,9652024Revenue 2025: $3,355,903Expenses 2025: $3,820,919Net Income 2025: -$465,0162025

Highlighted filing

2014

Revenue$2,018,689
Expenses$1,935,349
Net Income$83,340
Jump To
Filing Snapshot
Filing Period
Oct 1, 2013 to Sep 30, 2014
Signed
Mar 11, 2015
Return Version
2013v4.0
Gross Receipts
$2,018,689
Mission and Program Overview

Mission

The organization is dedicated to expanding consumer demand for beef, strengthening beef's position in the global marketplace, and improving producer profitability.

Iowa beef industry council is dedicated to expanding consumer demand for beef, (see schedule o)strenghtening beef's position in the global marketplace and improving producer profitability.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$815,051$815,051→ $0
Cash and Non-Interest-Bearing Accounts$692,956$806,110▲ $113,154
Prepaid Expenses and Deferred Charges$7,819$32,621▲ $24,802
Accounts Receivable$36,616$30,776▼ $5,840
Land, Buildings, and Equipment, Net$35,948$24,974▼ $10,974
Total Assets$1,590,125$1,710,821▲ $120,696
Other Assets Total$1,735$1,289▼ $446
Liabilities
Accounts Payable and Accrued Expenses$223,364$258,296▲ $34,932
Other Liabilities$35,398$37,822▲ $2,424
Total Liabilities$258,762$296,118▲ $37,356
Net Assets / Fund Balance
Unrestricted Net Assets$1,331,363$1,414,703▲ $83,340
Total Net Assets Fund Balance$1,331,363$1,414,703▲ $83,340
Total Liabilities and Net Assets / Fund Balance$1,590,125$1,710,821▲ $120,696

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$3,031$64,723$67,754
Equipment$21,943$32,372$54,315
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Nancy DegnerExecutive DirectorFT$104,081$10,108$114,189

Board Members and Trustees

NameTitle
Roger BrummettChair
Scott HeaterVice-chair
Bill NortheyDirector
Connie RichardsDirector
Dan CookDirector
Dan SchmittDirector
Dr Wendy WintersteenDirector
Gn NeumeyerDirector
Helen WieseDirector
Joe WrightDirector
Phil ReemtsmaDirector
Scott McgregorDirector
Scott NiessDirector
Terri CarstensenDirector
Tom ShipleyElected Director
Steve RehderSecretary
Daryl StrohbehnTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,013,760
Investment Income
$4,929
Other Revenue
$0
Change in Net Assets
$83,340

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,018,689
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,018,689
Total Revenue per Form 990
$2,018,689
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$850,810
Other Expenses$698,519
Salaries, Compensation, and Employee Benefits$386,020
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs---$850,810
Advertising---$301,198
Other Salaries and Wages---$227,694
Current Officers, Directors, Trustees, and Key Employees---$117,470
Occupancy---$65,215
All Other Expenses---$56,588
Travel---$47,147
Payroll Taxes---$25,987
Other Expenses---$18,154
Depreciation Depletion---$10,974
Insurance---$9,718
Fees for Services Other---$9,452
Fees for Services Accounting---$8,642
Other Employee Benefits---$8,309
Pension Plan Contributions---$6,560
Office Expenses---$5,665
Conferences and Meetings---$150
Information Technology---$45
Total Functional Expenses$0$0$0$1,935,349

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,935,349
Total Expenses per Audited Statements$1,935,349
Total Expenses per Form 990$1,935,349
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
84-0738973-501(c)(6)Promotion of Beef$609,992
42-1189783-501(c)(3)Support for Programs$73,821
42-1117423-501(c)(3)Support for Programs$73,820
42-1369988-501(c)(3)Support for Programs$73,820
42-6004224-GovernmentResearch$19,357
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Compensated Absences$37,822
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
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, Part VI, Section A, Line 2

Dan cook, director and daryl strohbehn, treasurer have a business relationship. Both are associates in the angus seedstock business, which means they manage and market their breeding stock under one banner. Each owns their own cows individually while sharing herd bulls under joint ownership.

Form 990, Part VI, Section A, Line 6

Association membership is open to any person breeding, producing, or feeding cattle in iowa. Members may vote for one nominee for each position on the board for which an election is held. Five members of the board are elected.

Form 990, Part VI, Section A, Line 7A

Any person owning cattle is eligible to vote at the ibcpa annual meeting. The vote is for an elected director on the board.

Form 990, Part VI, Section A, Line 8B

There are no committees with authority to act on behalf of the governing body.

Form 990, Part VI, Section B, Line 11

A draft copy of the form 990 is made available to management and the board for review. The form 990 was reviewed at the march 10, 2015 meeting of the board of directors which was held prior to filing the form 990.

FORM 990, PART VIII, LINE 2A - NATIONAL BEEF CHECKOFF FEES:

The association is a qualified state beef council. The association collects national beef checkoff fees under the beef checkoff program, which was established as part of the 1985 farm bill. National beef checkoff fees are assessed at $1 per head on the sale of cattle, with half the proceeds retained by the state councils. Checkoff fees are paid by the producers. The checkoff assessment is mandatory.

Form 990, Part VI, Section B, Line 12C

Officers, directors and staff are required to disclose any conflicts of interest on an annual basis. If it is brought to the organization's attention that there is a conflict, the organization investigates the conflict. Board members are asked to refrain from voting on any motions that could be a personal conflict of interest.

Form 990, Part VI, Section B, Line 15

Pay increases are discretionary and are not guaranteed. Recommendations for pay changes will be made by the executive director and must be approved by the officer team and approved by the officer team as part of the budgeting process. Salary adjustments for the executive director will be approved by the officer team; comparative salaries will be used. The organization does not compensate any other officers and has no employees that meet the definition of a key employee.

Form 990, Part VI, Section C, Line 19

Governing documents, policies, and financial statements are available upon request.

Filing and Contact Details

Filer

EIN
42-0931773
Phone
5152962305

Signing Officer

Name
Nancy Degner
Title
Executive Director
Phone
5152962305
Signed
2015-03-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nancy Degner
Formed
1951
Legal Domicile
Ia
Voting Board Members
17
Independent Board Members
17
Employees
6
Volunteers
0

Preparer

Preparer
Stephen L Koehn
Phone
5152230002
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The association annually evaluates the impact of uncertain tax positions taken or expected to be taken in a tax return, which may require recognition of a liability related to those tax positions. At september 30, 2014 and 2013, the association had no uncertain tax positions requiring recognition in the financial statements. The association is no longer subject to federal and state income tax examinations by tax authorities for years ending before september 30, 2011.

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IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8ELECTED DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13VICE-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01951
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt017
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0850810
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt02018689
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt017
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt045
IRS990/InsuranceGrp/TotalAmt09718
IRS990/InvestmentIncomeGrp/ExclusionAmt04929
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt04929
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt097095
IRS990/LandBldgEquipBasisNetGrp/BOYAmt035948
IRS990/LandBldgEquipBasisNetGrp/EOYAmt024974
IRS990/LandBldgEquipCostOrOtherBssAmt0122069
IRS990/LegalDomicileStateCd0IA
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE ORGANIZATION IS DEDICATED TO EXPANDING CONSUMER DEMAND FOR BEEF, STRENGTHENING BEEF'S POSITION IN THE GLOBAL MARKETPLACE, AND IMPROVING PRODUCER PROFITABILITY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01331363
IRS990/NetAssetsOrFundBalancesEOYAmt01414703
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt065215
IRS990/OfficeExpensesGrp/TotalAmt05665
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01735
IRS990/OtherAssetsTotalGrp/EOYAmt01289
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt08309
IRS990/OtherExpensesGrp/Desc0PRODUCER COMMUNICATION
IRS990/OtherExpensesGrp/Desc1CONSUMER INFORMATION
IRS990/OtherExpensesGrp/Desc2BEEF QUALITY ASSURANCE
IRS990/OtherExpensesGrp/Desc3INDUSTRY INFORMATION
IRS990/OtherExpensesGrp/TotalAmt083237
IRS990/OtherExpensesGrp/TotalAmt160959
IRS990/OtherExpensesGrp/TotalAmt221375
IRS990/OtherExpensesGrp/TotalAmt318154
IRS990/OtherLiabilitiesGrp/BOYAmt035398
IRS990/OtherLiabilitiesGrp/EOYAmt037822
IRS990/OtherSalariesAndWagesGrp/TotalAmt0227694
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt025987
IRS990/PensionPlanContributionsGrp/TotalAmt06560
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt07819
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt032621
IRS990/PrincipalOfficerNm0NANCY DEGNER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/BusinessCd4900099
IRS990/ProgramServiceRevenueGrp/Desc0NATIONAL BEEF CHECKOFF
IRS990/ProgramServiceRevenueGrp/Desc1GOV CHARITY STEER SHOW
IRS990/ProgramServiceRevenueGrp/Desc2BEEF CERTIFICATE EXPIR
IRS990/ProgramServiceRevenueGrp/Desc3CONTRACT INCOME
IRS990/ProgramServiceRevenueGrp/Desc4RESALE ITEMS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01689914
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1229241
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt254032
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt323239
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt417334
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01689914
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1229241
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt254032
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt323239
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt417334
IRS990/ProgSrvcAccomActy2Grp/Desc0BEEF PROMOTION IN IOWA. HELPS PROMOTE DEMAND FOR BEEF IN IOWA THROUGH CONSUMER ADVERTISING, RETAIL AND FOOD SERVICE PROMOTIONS, AND EDUCATIONAL AND OTHER PROGRAMS.
IRS990/ProgSrvcAccomActy3Grp/Desc0PRODUCER COMMUNICATION. COMMUNICATES CHECKOFF-RELATED INFORMATION TO BEEF PRODUCERS AND HELPS KEEP THEM INFORMED ABOUT RELATED PROGRAMS AND ACTIVITIES.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt0886008
IRS990/PYInvestmentIncomeAmt05513
IRS990/PYOtherExpensesAmt0646383
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01992854
IRS990/PYRevenuesLessExpensesAmt092412
IRS990/PYSalariesCompEmpBnftPaidAmt0373564
IRS990/PYTotalExpensesAmt01905955
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01998367
IRS990/ReconcilationRevenueExpnssAmt083340
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0815051
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0815051
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt021943
IRS990ScheduleD/EquipmentGrp/DepreciationAmt032372
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt054315
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01935349
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt03031
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt064723
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt067754
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt037822
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0COMPENSATED ABSENCES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02018689
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ASSOCIATION ANNUALLY EVALUATES THE IMPACT OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, WHICH MAY REQUIRE RECOGNITION OF A LIABILITY RELATED TO THOSE TAX POSITIONS. AT SEPTEMBER 30, 2014 AND 2013, THE ASSOCIATION HAD NO UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION IN THE FINANCIAL STATEMENTS. THE ASSOCIATION IS NO LONGER SUBJECT TO FEDERAL AND STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS ENDING BEFORE SEPTEMBER 30, 2011.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt024974
IRS990ScheduleD/TotalExpensesPerForm990Amt01935349
IRS990ScheduleD/TotalLiabilityAmt037822
IRS990ScheduleD/TotalRevenuePerForm990Amt02018689
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02018689
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01935349
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0609992
IRS990ScheduleI/RecipientTable/CashGrantAmt173820
IRS990ScheduleI/RecipientTable/CashGrantAmt273820
IRS990ScheduleI/RecipientTable/CashGrantAmt373821
IRS990ScheduleI/RecipientTable/CashGrantAmt419357
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(6)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc3501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc4GOVERNMENT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0PROMOTION OF BEEF
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1SUPPORT FOR PROGRAMS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2SUPPORT FOR PROGRAMS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3SUPPORT FOR PROGRAMS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4RESEARCH
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine10NATIONAL CATTLEMEN'S BEEF ASSOCIATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine11RONALD MCDONALD HOUSE CHAR OF CENT IA
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine12RONALD MCDONALD HOUSE CHAR OF SIOUXLAND
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine13RONALD MCDONALD HOUSE CHAR OF E IOWA
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine14IOWA STATE UNIVERSITY
IRS990ScheduleI/RecipientTable/RecipientEIN0840738973
IRS990ScheduleI/RecipientTable/RecipientEIN1421117423
IRS990ScheduleI/RecipientTable/RecipientEIN2421369988
IRS990ScheduleI/RecipientTable/RecipientEIN3421189783
IRS990ScheduleI/RecipientTable/RecipientEIN4426004224
IRS990ScheduleI/RecipientTable/USAddress/AddressLine109110 E NICHOLS AVENUE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine111411 PLEASANT ST
IRS990ScheduleI/RecipientTable/USAddress/AddressLine122500 NEBRASKA STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine13730 HAWKINS DRIVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine141220 BEARDSHEAR HALL
IRS990ScheduleI/RecipientTable/USAddress/City0CENTENNIAL
IRS990ScheduleI/RecipientTable/USAddress/City1DES MOINES
IRS990ScheduleI/RecipientTable/USAddress/City2SIOUX CITY
IRS990ScheduleI/RecipientTable/USAddress/City3IOWA CITY
IRS990ScheduleI/RecipientTable/USAddress/City4AMES
IRS990ScheduleI/RecipientTable/USAddress/State0CO
IRS990ScheduleI/RecipientTable/USAddress/State1IA
IRS990ScheduleI/RecipientTable/USAddress/State2IA
IRS990ScheduleI/RecipientTable/USAddress/State3IA
IRS990ScheduleI/RecipientTable/USAddress/State4IA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCode080112
IRS990ScheduleI/RecipientTable/USAddress/ZIPCode150314
IRS990ScheduleI/RecipientTable/USAddress/ZIPCode251104
IRS990ScheduleI/RecipientTable/USAddress/ZIPCode352246
IRS990ScheduleI/RecipientTable/USAddress/ZIPCode450011
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION PROVIDES FUNDS TO THE FEDERATION DIVISION OF THE NATIONAL CATTLEMEN'S BEEF ASSOCIATION FOR THE PROMOTION OF BEEF DOMESTICALLY AND INTERNATIONALLY. THE ORGANIZATION'S PROCEDURES FOR MONITORING THE USE OF GRANTS AND OTHER ASSISTANCE BY THE FEDERATION DIVISION OF THE NATIONAL CATTLEMEN'S BEEF ASSOCIATION INCLUDE REVIEWING WRITTEN REPORTS ABOUT ACTIVITIES CONDUCTED BY THE NCBA FEDERATION BOARD AND FUNDED OR PARTIALLY FUNDED BY THE ASSOCIATION. IN ADDITION, THE ASSOCIATION IS REPRESENTED ON THE NCBA FEDERATION BOARD AND ALSO HOLDS SEVERAL SEATS ON VARIOUS COMMITTEES OF THE NCBA FEDERATION BOARD. THIS REPRESENTATION ON THE BOARD AND THE COMMITTEES HELPS THE ORGANIZATION MONITOR THE USE OF ITS GRANTS AND OTHER ASSISTANCE BY THE NCBA FEDERATION BOARD. THE ORGANIZATION SPONSORS THE GOVERNOR'S CHARITY STEER SHOW. THE NET PROCEEDS FROM THIS EVENT ARE DISTRIBUTED TO THE THREE RONALD MCDONALD HOUSE CHARITIES IN IOWA AS GENERAL SUPPORT FOR THOSE PUBLIC CHARITIES' PROGRAMS. THE ORGANIZATION PROVIDES FUNDING TO IOWA STATE UNIVERSITY FOR RESEARCH PROJECTS. THE ORGANIZATION RECEIVES REGULAR REPORTS FROM THE RESEARCHER. FINAL PAYMENT IS WITHHELD UNTIL A COMPLETE REPORT IS GIVEN.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt04
IRS990ScheduleI/TotalOtherOrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DAN COOK, DIRECTOR AND DARYL STROHBEHN, TREASURER HAVE A BUSINESS RELATIONSHIP. BOTH ARE ASSOCIATES IN THE ANGUS SEEDSTOCK BUSINESS, WHICH MEANS THEY MANAGE AND MARKET THEIR BREEDING STOCK UNDER ONE BANNER. EACH OWNS THEIR OWN COWS INDIVIDUALLY WHILE SHARING HERD BULLS UNDER JOINT OWNERSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ASSOCIATION MEMBERSHIP IS OPEN TO ANY PERSON BREEDING, PRODUCING, OR FEEDING CATTLE IN IOWA. MEMBERS MAY VOTE FOR ONE NOMINEE FOR EACH POSITION ON THE BOARD FOR WHICH AN ELECTION IS HELD. FIVE MEMBERS OF THE BOARD ARE ELECTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANY PERSON OWNING CATTLE IS ELIGIBLE TO VOTE AT THE IBCPA ANNUAL MEETING. THE VOTE IS FOR AN ELECTED DIRECTOR ON THE BOARD.

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.09$0.23$2.86$3.36$3.82$0.47
2024Summary only. Only limited summary data is available for this year.$3.56$0.27$3.29$3.51$3.54$0.02
2023Summary only. Only limited summary data is available for this year.$3.56$0.28$3.27$3.53$3.20$0.34
2022Summary only. Only limited summary data is available for this year.$3.11$0.20$2.91$3.34$3.46$0.11
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.26$0.19$3.06$3.40$3.13$0.27
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.87$0.06$2.80$3.15$3.42$0.27
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.20$0.13$3.07$3.46$3.13$0.32
2018Summary only. Only limited summary data is available for this year.$3.14$0.39$2.75$3.45$2.71$0.74
2017Summary only. Only limited summary data is available for this year.$2.33$0.33$2.01$2.76$2.28$0.47
2016Detailed filing. Detailed filing data is available for this year.$1.83$0.30$1.53$1.95$1.87$0.08
2015Detailed filing. Detailed filing data is available for this year.$1.75$0.29$1.45$1.94$1.90$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.71$0.30$1.41$2.02$1.94$0.08
2014Summary only. Only limited summary data is available for this year.$1.71$0.30$1.41$2.02$1.94$0.08
2013Summary only. Only limited summary data is available for this year.$1.59$0.26$1.33$2.00$1.91$0.09
2012Summary only. Only limited summary data is available for this year.$1.46$0.22$1.24$1.93$1.96$0.04
2011Summary only. Only limited summary data is available for this year.$1.47$0.19$1.28$1.98$2.09$0.11