Civic Intelligence

Nebraska Cattlemen

990 • Fiscal year 2017 • EIN 47-0250000

Jul 01, 2016 to Jun 30, 2017 • Filed on Feb 12, 2018

1010 Lincoln MallLincoln, NE 68508

(402) 475-2333

Siviq Scores

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

Liabilities / Assets

77th percentile

0.13x

Higher debt load relative to assets than 77% of similar nonprofits.

2017 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

73rd percentile

0.09x

Higher debt load relative to revenue than 73% of similar nonprofits.

2017 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2017

Net Margin

29th percentile

0.2%

Higher net margin than 29% of similar nonprofits.

2017 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

80th percentile

$176,604

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 7.9% of source-year revenue.

2017 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2017

Asset Growth

42nd percentile

3.6%

Faster asset growth than 42% of similar nonprofits.

2017 filings • 501(c)5 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

30th percentile

-1.2%

Faster revenue growth than 30% of similar nonprofits.

2017 filings • 501(c)5 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$1,611,718

Up $55,843 (+3.6%) from 2016

Net Assets

Up

$1,401,975

Up $39,216 (+2.9%) from 2016

Liabilities

Up

$209,743

Up $16,627 (+8.6%) from 2016

Revenue

Down

$2,248,269

Down $27,374 (-1.2%) from 2016

Expenses

Up

$2,243,813

Up $19,499 (+0.9%) from 2016

Net Income

Down

$4,456

Down $46,873 (-91%) from 2016

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: $905,042Liabilities 2011: $127,618Net Assets 2011: $777,4242011Assets 2012: $1,173,574Liabilities 2012: $195,725Net Assets 2012: $977,8492012Assets 2013: $1,293,718Liabilities 2013: $164,692Net Assets 2013: $1,129,0262013Assets 2014: $1,515,513Liabilities 2014: $204,796Net Assets 2014: $1,310,7172014Assets 2015: $1,532,157Liabilities 2015: $182,944Net Assets 2015: $1,349,2132015Assets 2016: $1,555,875Liabilities 2016: $193,116Net Assets 2016: $1,362,7592016Assets 2017: $1,611,718Liabilities 2017: $209,743Net Assets 2017: $1,401,9752017Assets 2018: $2,505,888Liabilities 2018: $569,626Net Assets 2018: $1,936,2622018Assets 2019: $3,965,170Liabilities 2019: $1,763,529Net Assets 2019: $2,201,6412019Assets 2020: $3,453,063Liabilities 2020: $1,353,999Net Assets 2020: $2,099,0642020Assets 2021: $3,419,749Liabilities 2021: $1,015,914Net Assets 2021: $2,403,8352021Assets 2022: $2,949,747Liabilities 2022: $730,282Net Assets 2022: $2,219,4652022Assets 2023: $3,003,397Liabilities 2023: $673,839Net Assets 2023: $2,329,5582023Assets 2024: $3,128,155Liabilities 2024: $645,857Net Assets 2024: $2,482,2982024

Highlighted filing

2017

Assets$1,611,718
Liabilities$209,743
Net Assets$1,401,975

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $1,691,6202011Expenses 2012: $1,740,5092012Expenses 2013: $1,874,4652013Revenue 2014: $2,189,132Expenses 2014: $2,048,765Net Income 2014: $140,3672014Revenue 2015: $2,214,493Expenses 2015: $2,154,388Net Income 2015: $60,1052015Revenue 2016: $2,275,643Expenses 2016: $2,224,314Net Income 2016: $51,3292016Revenue 2017: $2,248,269Expenses 2017: $2,243,813Net Income 2017: $4,4562017Revenue 2018: $2,753,781Expenses 2018: $2,234,073Net Income 2018: $519,7082018Revenue 2019: $2,617,399Expenses 2019: $2,349,510Net Income 2019: $267,8892019Revenue 2020: $2,134,765Expenses 2020: $2,246,793Net Income 2020: -$112,0282020Revenue 2021: $2,295,647Expenses 2021: $2,057,256Net Income 2021: $238,3912021Revenue 2022: $2,219,046Expenses 2022: $2,256,459Net Income 2022: -$37,4132022Revenue 2023: $2,328,144Expenses 2023: $2,253,608Net Income 2023: $74,5362023Revenue 2024: $2,248,667Expenses 2024: $2,179,962Net Income 2024: $68,7052024

Highlighted filing

2017

Revenue$2,248,269
Expenses$2,243,813
Net Income$4,456
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Feb 12, 2018
Return Version
2016v3.1
Gross Receipts
$2,434,486
Mission and Program Overview

Mission

Working for nebraska beef producers - pasture to plate.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$843,395$889,155▲ $45,760
Cash and Non-Interest-Bearing Accounts$225,718$398,788▲ $173,070
Savings and Temporary Cash Investments$311,880$127,407▼ $184,473
Accounts Receivable$85,643$103,246▲ $17,603
Land, Buildings, and Equipment, Net$50,746$62,409▲ $11,663
Prepaid Expenses and Deferred Charges$38,493$30,713▼ $7,780
Total Assets$1,555,875$1,611,718▲ $55,843
Liabilities
Accounts Payable and Accrued Expenses$122,336$140,515▲ $18,179
Deferred Revenue$70,780$69,228▼ $1,552
Total Liabilities$193,116$209,743▲ $16,627
Net Assets / Fund Balance
Unrestricted Net Assets$1,196,661$1,274,053▲ $77,392
Temporarily Rstr Net Assets$166,098$127,922▼ $38,176
Total Net Assets Fund Balance$1,362,759$1,401,975▲ $39,216
Total Liabilities and Net Assets / Fund Balance$1,555,875$1,611,718▲ $55,843

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$34,993$247,236$282,229
Leasehold Improvements$8,816$49,957$58,773
Other Land Buildings$18,600-$18,600
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Pete McclymontExecutive VPFT$166,647$9,957$176,604

Board Members and Trustees

NameTitle
Troy StowaterPresident
Galen FrenzenPresident El
Andy ReigleDirector
Brenda MasekDirector
Chris SchluntzDirector
Clark GotschallDirector
Dean WilkenDirector
Ed KlugDirector
Gregg WiedelDirector
Jerry KuenningDirector
Jerry UnderwoodDirector
John LangeDirector
John SchroederDirector
John WiddowsonDirector
Ken HerzDirector
Larry DybdalDirector
Lin JeffresDirector
Mark GoesDirector
Nancy PetersonDirector
Richard HollmanDirector
Ron CoufalDirector
Sarah WernerDirector
Shannon PetersonDirector
Steve StroupDirector
Steven FishDirector
Terry ConeDirector
Barb CooksleyPast Preside
Mike DrinninVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$1,193,892
Program Service Revenue
$1,017,210
Investment Income
$32,864
Other Revenue
$4,303
All Other Contributions
$196,693
Change in Net Assets
$4,456

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,248,269
Revenue Not Reported on Form 990
$220,978
Total Revenue per Audited Statements
$2,469,247
Total Revenue per Form 990
$2,248,269
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,158,932
Salaries, Compensation, and Employee Benefits$1,074,881
Grants and Similar Amounts Paid$10,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$771,196
Current Officers, Directors, Trustees, and Key Employees---$166,647
Conferences and Meetings---$166,587
All Other Expenses---$151,592
Travel---$145,408
Occupancy---$105,098
Payroll Taxes---$76,652
Pension Plan Contributions---$51,419
Other Expenses---$45,244
Depreciation Depletion---$21,000
Fees for Services Accounting---$11,947
Insurance---$10,874
Grants to Domestic Orgs---$10,000
Other Employee Benefits---$8,967
Fees for Services Legal---$4,000
Advertising---$1,775
Fees for Services Lobbying---$800
Total Functional Expenses$0$0$0$2,243,813

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,430,031
Expenses per Audited Statements$2,243,813
Total Expenses per Form 990$2,243,813
Expenses Not Reported on Form 990$186,218
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Sand County FoundationMadison, WI-Award Video Project$10,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$190,520
Fundraising Direct Expenses$186,217
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Food Stand$204,520$190,520$146,216$44,304
Total Events$204,520$190,520$186,217$4,303
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$111,265
Total Nondeductible Lobbying and Political Cost$111,265
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

Active members (i.e. Individuals, partnerships, companies, corporations, etc.) are those who actively participate in the ownership or management of cattle. Active members are qualified to vote and hold elective office. Supporting members are those who do not qualify for active membership but support the goals and purpose of the association. Supporting members are not qualified to vote or hold elective office. Associate members are those within the supporting member class who wish to support the association at a higher level. Associate members are also not qualified to vote or hold elective office.

Form 990, Page 6, Part VI, Line 7A

The board of directors is the governing body of the association. It is comprised of representatives elected by the active members (officers), production segments (councils), areas of interest (committees), and geographic segments (members services vice chairmen regions).

Form 990, Page 6, Part VI, Line 7B

Resolutions and policy statements require a majority vote of the active members present at the annual meeting.

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

The form 990 will be reviewed in detail by the executive and finance committee. After resolving any questions or updates, the form will be presented to board members to approve for filing with irs.

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

This policy shall be reviewed annually and signed by each board member/key employee annually.

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

The board of directors and management use surveys provided by the national organization, ncba, to assist in reviewing and setting compensation levels for all employees.

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

The board of directors and management use surveys provided by the national organization, ncba, to assist in reviewing and setting compensation levels for all employees.

Form 990, Page 6, Part VI, Line 19

The governing documents and financial statements are available to the public upon written request to the executive vice president.

Filing and Contact Details

Filer

Filer Name
Nebraska Cattlemen
EIN
47-0250000
Phone
4024752333
Address
1010 LINCOLN MALL, LINCOLN, NE 68508

Signing Officer

Name
Pete Mcclymont
Title
Executive VP
Phone
4024752333
Signed
2018-02-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Pete Mcclymont
Formed
1988
Legal Domicile
Ne
Voting Board Members
28
Independent Board Members
28
Employees
17
Volunteers
830

Preparer

Firm
Bmg Certified Public Accountants Llp
Address
211 S 84TH ST, LINCOLN, NE 68510-2606
Preparer
Sarah Boehle Pool
Phone
4024837781
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

The beef pit at the state fair is staffed with help from different volunteers during the 11-day run for a total of about 450 volunteers. The association has 42 affiliates across the state, each of which has at least one meeting during the year which is attended by one board member who speaks at the meetings for a total of 42 volunteers. Members travel to various national industry meetings and sit on discussion panels on behalf of the association for a total of 20 volunteers. The volunteer member services chairman and council chairmen facilitate meetings at each association convention for a total of 34 volunteers. Members volunteer to review applications and vote on leopold award winners and attend the presentation of the award on behalf of the association for a total of 6 volunteers. Board members are volunteers. They attend board meetings six times each year and testify at legislative hearings on behalf of the association for a total of 222 volunteers. Members wrote and contributed articles for the association's magazine publication for a total of 14 volunteers. Members gave live radio reports on behalf of the association for a total of 25 volunteers. The association holds a summit program with unl students each year. The volunteers that helped totaled 17.

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

Aia (ag issues academy): ffa program which association works with other ag commodity groups in teaching ag awareness and providing media training to ffa students. Other educational programs nebraska beef industry scholars (nbis) summit is a program whereby nc staff meet with senior level college students at unl and teach them how to put on a one day conference. Under nc's guidance, students learn and are responsible for planning content, finding speakers, soliciting sponsorships, setting up the agenda, registration and all the activities the day of the summit. Nc handles all cash in and out of the summit and net proceeds are given to unl to help cover the costs of the nbis students' trip to the ncba convention in february. 11 students participated and there were 140 attendees. Nc road trip - membership meetings. Staff from the nc office put on meetings across the state to members. Topics from the education meetings were: legislative and federal updates, china trade and nc membership. An open discussion time was held at each meeting for memebers to discuss and ask questions and current issues. Six staff members presented information to those attending the meetings. 215 members were impacted. Leadership--ycc programs to inspire young producers to become leaders. State affiliates nominate young producers to attend this sponsored event. 10 individuals spend 3 days learning and touring various cattle industry steps from pasture to plate, as well as attend media training and legislative sessions. These individuals then return the following year for a more in-depth look at the legislative process. These groups meet periodically throughout the year to find ways to give back to their communities. Representation - program for legislative and regulatory production practices-volunteers speak at legislative hearings. Representation - program to inform and educate members via media relations-volunteer members are interviewed for magazine articles and radio reports. Representation program for association members to attend meetings of other associations (unl, beef council, us meat export federation, usda meat animal research center, etc).

Form 990, Part XI, Line 9

Fundraising expenses 186,218 fundraising expenses -186,218

Form 990, Part XII

Part xii, line 1: the tax return of the association has been prepared on the modified accural basis of accounting which is a comprehensive basis of accounting other than generally accepted accounting principles. Under this method, dues revenue is recognized when received rather than when earned. All other transactions are recognized in accordance with the accrual basis of accounting.

Form 990, Page 12, Part XII, Line 2C

There have been no changes in procedures from the prior year.

Financial Statement Notes

Schedule D, Page 3, Part X

The association is exempt from federal income tax under section 501(c)(5) of the internal revenue code, except on net income derived from unrelated business activities. The association has advertising income, which is subject to tax as unrelated business income. At june 30, 2017 and 2016 the association recorded income tax of 14,545 and 16,590 respectively, on the unrelated business activity. The association believes that it has appropriate support for any tax positions taken, and as such does not have any uncertain tax positions that are material to the financial statements.

Schedule D, Page 4, Part XI, Line 2D

Fundraising expenses 186,218

Schedule D, Page 4, Part XII, Line 2D

Fundraising expenses 186,218

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IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT EL
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDE
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IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27DIRECTOR
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0AIA (AG ISSUES ACADEMY): FFA PROGRAM WHICH ASSOCIATION WORKS WITH OTHER AG COMMODITY GROUPS IN TEACHING AG AWARENESS AND PROVIDING MEDIA TRAINING TO FFA STUDENTS. OTHER EDUCATIONAL PROGRAMS NEBRASKA BEEF INDUSTRY SCHOLARS (NBIS) SUMMIT IS A PROGRAM WHEREBY NC STAFF MEET WITH SENIOR LEVEL COLLEGE STUDENTS AT UNL AND TEACH THEM HOW TO PUT ON A ONE DAY CONFERENCE. UNDER NC'S GUIDANCE, STUDENTS LEARN AND ARE RESPONSIBLE FOR PLANNING CONTENT, FINDING SPEAKERS, SOLICITING SPONSORSHIPS, SETTING UP THE AGENDA, REGISTRATION AND ALL THE ACTIVITIES THE DAY OF THE SUMMIT. NC HANDLES ALL CASH IN AND OUT OF THE SUMMIT AND NET PROCEEDS ARE GIVEN TO UNL TO HELP COVER THE COSTS OF THE NBIS STUDENTS' TRIP TO THE NCBA CONVENTION IN FEBRUARY. 11 STUDENTS PARTICIPATED AND THERE WERE 140 ATTENDEES. NC ROAD TRIP - MEMBERSHIP MEETINGS. STAFF FROM THE NC OFFICE PUT ON MEETINGS ACROSS THE STATE TO MEMBERS. TOPICS FROM THE EDUCATION MEETINGS WERE: LEGISLATIVE AND FEDERAL UPDATES, CHINA TRADE AND NC MEMBERSHIP. AN OPEN DISCUSSION TIME WAS HELD AT EACH MEETING FOR MEMEBERS TO DISCUSS AND ASK QUESTIONS AND CURRENT ISSUES. SIX STAFF MEMBERS PRESENTED INFORMATION TO THOSE ATTENDING THE MEETINGS. 215 MEMBERS WERE IMPACTED. LEADERSHIP--YCC PROGRAMS TO INSPIRE YOUNG PRODUCERS TO BECOME LEADERS. STATE AFFILIATES NOMINATE YOUNG PRODUCERS TO ATTEND THIS SPONSORED EVENT. 10 INDIVIDUALS SPEND 3 DAYS LEARNING AND TOURING VARIOUS CATTLE INDUSTRY STEPS FROM PASTURE TO PLATE, AS WELL AS ATTEND MEDIA TRAINING AND LEGISLATIVE SESSIONS. THESE INDIVIDUALS THEN RETURN THE FOLLOWING YEAR FOR A MORE IN-DEPTH LOOK AT THE LEGISLATIVE PROCESS. THESE GROUPS MEET PERIODICALLY THROUGHOUT THE YEAR TO FIND WAYS TO GIVE BACK TO THEIR COMMUNITIES. REPRESENTATION - PROGRAM FOR LEGISLATIVE AND REGULATORY PRODUCTION PRACTICES-VOLUNTEERS SPEAK AT LEGISLATIVE HEARINGS. REPRESENTATION - PROGRAM TO INFORM AND EDUCATE MEMBERS VIA MEDIA RELATIONS-VOLUNTEER MEMBERS ARE INTERVIEWED FOR MAGAZINE ARTICLES AND RADIO REPORTS. REPRESENTATION PROGRAM FOR ASSOCIATION MEMBERS TO ATTEND MEETINGS OF OTHER ASSOCIATIONS (UNL, BEEF COUNCIL, US MEAT EXPORT FEDERATION, USDA MEAT ANIMAL RESEARCH CENTER, ETC).
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.13$0.65$2.48$2.25$2.18$0.07
2023Detailed filing. Detailed filing data is available for this year.$3.00$0.67$2.33$2.33$2.25$0.07
2022Detailed filing. Detailed filing data is available for this year.$2.95$0.73$2.22$2.22$2.26$0.04
2021Detailed filing. Detailed filing data is available for this year.$3.42$1.02$2.40$2.30$2.06$0.24
2020Detailed filing. Detailed filing data is available for this year.$3.45$1.35$2.10$2.13$2.25$0.11
2019Detailed filing. Detailed filing data is available for this year.$3.97$1.76$2.20$2.62$2.35$0.27
2018Detailed filing. Detailed filing data is available for this year.$2.51$0.57$1.94$2.75$2.23$0.52
2017Detailed filing. Detailed filing data is available for this year.$1.61$0.21$1.40$2.25$2.24$0.00
2016Detailed filing. Detailed filing data is available for this year.$1.56$0.19$1.36$2.28$2.22$0.05
2015Detailed filing. Detailed filing data is available for this year.$1.53$0.18$1.35$2.21$2.15$0.06
2014Detailed filing. Detailed filing data is available for this year.$1.52$0.20$1.31$2.19$2.05$0.14
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.29$0.16$1.13$1.87
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.17$0.20$0.98$1.74
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.91$0.13$0.78$1.69