Civic Intelligence

Montana Beef Council

990 • Fiscal year 2017 • EIN 81-0388133

Oct 01, 2016 to Sep 30, 2017 • Filed on Mar 06, 2018

PO Box 80865Billings, MT 59108

(406) 656-3336

Siviq Scores

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

Liabilities / Assets

68th percentile

0.07x

Higher debt load relative to assets than 68% of similar nonprofits.

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

Liabilities / Revenue

50th percentile

0.02x

Higher debt load relative to revenue than 50% of similar nonprofits.

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

Net Margin

31st percentile

0.5%

Higher net margin than 31% of similar nonprofits.

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

Top Officer Pay

36th percentile

$66,142

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 3.4% of source-year revenue.

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

Asset Growth

47th percentile

4.8%

Faster asset growth than 47% of similar nonprofits.

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

Revenue Growth

47th percentile

2.7%

Faster revenue growth than 47% of similar nonprofits.

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

Assets

Up

$657,307

Up $30,168 (+4.8%) from 2016

Net Assets

Up

$613,336

Up $41,052 (+7.2%) from 2016

Liabilities

Down

$43,971

Down $10,884 (-20%) from 2016

Revenue

Up

$1,922,112

Up $51,115 (+2.7%) from 2016

Expenses

Up

$1,911,598

Up $80,987 (+4.4%) from 2016

Net Income

Down

$10,514

Down $29,872 (-74%) from 2016

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $469,329Liabilities 2011: $24,185Net Assets 2011: $445,1442011Assets 2012: $442,727Liabilities 2012: $26,497Net Assets 2012: $416,2302012Assets 2013: $489,991Liabilities 2013: $21,217Net Assets 2013: $468,7742013Assets 2014: $541,660Liabilities 2014: $12,625Net Assets 2014: $529,0352014Assets 2015: $529,324Liabilities 2015: $22,050Net Assets 2015: $507,2742015Assets 2016: $627,139Liabilities 2016: $54,855Net Assets 2016: $572,2842016Assets 2017: $657,307Liabilities 2017: $43,971Net Assets 2017: $613,3362017Assets 2018: $691,495Liabilities 2018: $30,558Net Assets 2018: $660,9372018Assets 2019: $683,591Liabilities 2019: $267Net Assets 2019: $683,3242019Assets 2020: $1,927,368Liabilities 2020: $53Net Assets 2020: $1,927,3152020Assets 2021: $2,137,543Liabilities 2021: $178Net Assets 2021: $2,137,3652021Assets 2022: $2,054,785Liabilities 2022: $335Net Assets 2022: $2,054,4502022Assets 2023: $1,964,498Liabilities 2023: $242Net Assets 2023: $1,964,2562023Assets 2025: $1,787,465Liabilities 2025: $289Net Assets 2025: $1,787,1762025

Highlighted filing

2017

Assets$657,307
Liabilities$43,971
Net Assets$613,336

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $1,755,522Expenses 2011: $1,827,029Net Income 2011: -$71,5072011Expenses 2012: $1,849,9032012Expenses 2013: $1,792,6382013Revenue 2014: $1,790,584Expenses 2014: $1,753,026Net Income 2014: $37,5582014Revenue 2015: $1,767,062Expenses 2015: $1,770,765Net Income 2015: -$3,7032015Revenue 2016: $1,870,997Expenses 2016: $1,830,611Net Income 2016: $40,3862016Revenue 2017: $1,922,112Expenses 2017: $1,911,598Net Income 2017: $10,5142017Revenue 2018: $2,391,800Expenses 2018: $2,361,927Net Income 2018: $29,8732018Revenue 2019: $2,262,447Expenses 2019: $2,225,077Net Income 2019: $37,3702019Revenue 2020: $3,549,206Expenses 2020: $2,306,105Net Income 2020: $1,243,1012020Revenue 2021: $2,121,427Expenses 2021: $1,970,843Net Income 2021: $150,5842021Revenue 2022: $1,928,277Expenses 2022: $1,968,713Net Income 2022: -$40,4362022Revenue 2023: $1,614,310Expenses 2023: $1,777,669Net Income 2023: -$163,3592023Revenue 2025: $1,701,699Expenses 2025: $1,894,628Net Income 2025: -$192,9292025

Highlighted filing

2017

Revenue$1,922,112
Expenses$1,911,598
Net Income$10,514
Jump To
Filing Snapshot
Filing Period
Oct 1, 2016 to Sep 30, 2017
Signed
Mar 6, 2018
Return Version
2016v3.0
Gross Receipts
$1,922,112
Mission and Program Overview

Mission

The montana beef council is organized to enhance profit opportunities for montana cattle and beef producers by increasing demand for beef and beef products.

To unify all segments of the Montana Livestock Industry

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$318,270$273,785▼ $44,485
Investments in Publicly Traded Securities$256,172$242,489▼ $13,683
Accounts Receivable$32,076$127,360▲ $95,284
Land, Buildings, and Equipment, Net$19,360$13,673▼ $5,687
Prepaid Expenses and Deferred Charges$1,261$0▼ $1,261
Total Assets$627,139$657,307▲ $30,168
Liabilities
Accounts Payable and Accrued Expenses$54,855$43,971▼ $10,884
Total Liabilities$54,855$43,971▼ $10,884
Net Assets / Fund Balance
Unrestricted Net Assets$572,284$613,336▲ $41,052
Total Net Assets Fund Balance$572,284$613,336▲ $41,052
Total Liabilities and Net Assets / Fund Balance$627,139$657,307▲ $30,168

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$13,673$35,379$49,052
Leasehold Improvements$0$4,576$4,576
Other Land Buildings$0$560$560
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Chaley HarneyEXECutive DIRECTORFT$66,142$66,142
Susan BroylesBusiness ManagerPT$21,011$21,011

Board Members and Trustees

NameTitle
KrisTIN LARSONPresident
James TaberVice President
Andy KellomDirECTOR
Bill CokDirector
Brett DaileyDirECTOR
Bruce LEEDirector
Jan ALLENDiRECTOR
Kathy Creighton-SmithDirector
Kiley MartinellDirector
Linda SWANZDirector
Richard AndersonDiRECTOR
Shane FlowersDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,911,040
Investment Income
$6,901
Other Revenue
$4,171
Change in Net Assets
$10,514

Audited Revenue Reconciliation

Revenue per Audited Statements
$910,680
Revenue Not Reported on Financial Statements
$1,011,432
Revenue Not Reported on Form 990
$30,538
Other Revenue Adjustments
$1,011,432
Total Revenue per Audited Statements
$941,218
Total Revenue per Form 990
$1,922,112
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,747,974
Salaries, Compensation, and Employee Benefits$163,624
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$134,331$2,013-$136,344
Current Officers, Directors, Trustees, and Key Employees-$83,768-$83,768
Other Expenses$82,838--$82,838
Office Expenses-$51,582-$51,582
Other Salaries and Wages-$47,477-$47,477
Advertising$35,587--$35,587
Occupancy-$21,330-$21,330
Travel$18,562--$18,562
Conferences and Meetings-$14,024-$14,024
Pension Plan Contributions-$11,854-$11,854
Payroll Taxes-$11,238-$11,238
Fees for Services Accounting-$9,900-$9,900
Other Employee Benefits-$9,287-$9,287
Depreciation Depletion-$5,687-$5,687
Fees for Services Legal-$5,544-$5,544
Insurance-$1,903-$1,903
Total Functional Expenses$1,635,991$275,607$0$1,911,598

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,911,598
Expenses Not Reported on Financial Statements$1,011,432
Other Expense Adjustments$1,011,432
Expenses per Audited Statements$900,166
Total Expenses per Audited Statements$900,166
Expenses Not Reported on Form 990$0
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
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 B, line 11B

A copy of the 990 is presented to the Board of Directors at the first meeting following the completion of the 990. It could be presented before it is filed, but the scheduled meeting dates usually do not allow viewing it before it is filed.

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

The policy is outlined on pages 17, 52-57 of the MBC Policy & Procedures Manual, updated annually. All board members and employees are required to complete the "Annual Conflict of Interest Disclosure Statement for Directors" form. Questions or concerns are to be directed to the Executive Director or the Chairman of the board of directors. Affidavits and other information is reviewed and the executive director and chairman take appropriate action depending upon the seriousness of the conflict of interest, which may include meeting with the individual, immediate discharge or asking the individual to remove himself from the conflict of interest situation. The procedure is outlined in full detail in the MBC Policy and Procedures Manual.

Form 990, Part VI, Section B, line 15

The Executive Director does research on salaries and reports to the budget committee members on key employee performance. The budget committee then goes into a closed session and decides on a total salary package for all employees. The package is presented to the board of directors for a vote of approval.

Form 990, Part VI, Section C, line 19

The governing documents and conflict of interest policy is included in the Policy and Procedures Manual which was updated on 1/19/2017 and is available to review per request. 10,150 Annual Reports were distributed to producers through 4 major cattle producer organization newsletters, magazines or at member meetings. In addition, 600 reports were distributed through auction markets, college classroom presentations, individual requests and used as otherwise requested. The Annual Report is also available on our website: montanabeefcouncil.org.

Filing and Contact Details

Filer

Filer Name
Montana Beef Council
EIN
81-0388133
Phone
4066563336
Address
PO BOX 80865, BILLINGS, MT 59108

Signing Officer

Name
Kristin Larson
Title
President
Phone
4066563336
Signed
2018-03-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kristin Larson
Formed
1957
Legal Domicile
Mt
Voting Board Members
12
Independent Board Members
12
Employees
4
Volunteers
0

Preparer

Firm
Wipfli LLP
Address
303 N 28th Street Suite 503, Billings, MT 59101
Preparer
Amy Iverson
Phone
4062481681
Supplemental Narrative

Additional Explanations

Form 990, Part III, line 3

The Montana Beef Council per the Beef Promotion and Research Act of 1985 remits $.50 of every $1 Check-off collected to the Cattlemen's Beef Board and may retain up to $.50 of every dollar collected. The Cattlemen's Beef Board is the national organization established by the Beef Promotion and Research Act of 1985 for the promotion of the beef industry. Due to a court ordered preliminary injunction on June 21, 2017, one hundred percent of the Beef Checkoff Collections that were received in the Montana Beef Council office were sent to the Cattlemen's Beef Board. Promotion, education and research programs were suspended until a process could be established allowing producers to consent for Montana Beef Council to retain up to $.50 of their Beef Checkoff collection.

Form 990, Part IX, line 24E

PRODUCER COMMUNICATIONS: Program service expenses 34,300. Management and general expenses 0. Fundraising expenses 0. Total expenses 34,300. EDUCATIONAL PROGRAMS: Program service expenses 26,644. Management and general expenses 0. Fundraising expenses 0. Total expenses 26,644. BEEF SAFETY & ISSUES MANAGEMENT: Program service expenses 17,677. Management and general expenses 0. Fundraising expenses 0. Total expenses 17,677. PAYMENT OF LEVY OF OTHER STATES: Program service expenses 12,539. Management and general expenses 0. Fundraising expenses 0. Total expenses 12,539. RETAIL PROGRAMS & MERCHANDISING: Program service expenses 6,882. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,882. EQUIPMENT REPAIRS: Program service expenses 6,564. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,564. Deptartment of Livestock Fees: Program service expenses 6,298. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,298. INFORMATION-HEALTH PROFESSIONALS: Program service expenses 5,811. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,811. Research: Program service expenses 5,500. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,500. TELEPHONE: Program service expenses 4,800. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,800. FOOD SERVICE: Program service expenses 4,325. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,325. POSTAGE: Program service expenses 2,991. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,991. MISCELLANEOUS: Program service expenses 0. Management and general expenses 1,638. Fundraising expenses 0. Total expenses 1,638. DUES: Program service expenses 0. Management and general expenses 375. Fundraising expenses 0. Total expenses 375.

Financial Statement Notes

Part XI, Line 4B - Other Adjustments:

Payments to other states-beef levy 12,539. Payments to cattlemen's beef board 998,893.

Part XII, Line 4B - Other Adjustments:

Payments to other states-beef levy 12,539. Payments to cattlemen's beef board 998,893.

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IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DiRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DirECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11DirECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12Business Manager
IRS990/Form990PartVIISectionAGrp/TitleTxt13EXECutive DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01957
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01922112
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt01903
IRS990/InsuranceGrp/TotalAmt01903
IRS990/InvestmentIncomeGrp/ExclusionAmt06901
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt06901
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0256172
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0242489
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt040515
IRS990/LandBldgEquipBasisNetGrp/BOYAmt019360
IRS990/LandBldgEquipBasisNetGrp/EOYAmt013673
IRS990/LandBldgEquipCostOrOtherBssAmt054188
IRS990/LegalDomicileStateCd0MT
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MONTANA BEEF COUNCIL IS ORGANIZED TO PROTECT AND INCREASE DEMAND FOR BEEF AND BEEF PRODUCTS THROUGH STATE, NATIONAL AND INTERNATIONAL PROMOTION, RESEARCH AND EDUCATION; THEREBY ENHANCING PROFIT OPPORTUNITIES FOR MONTANA BEEF PRODUCERS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0572284
IRS990/NetAssetsOrFundBalancesEOYAmt0613336
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt030538
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt021330
IRS990/OccupancyGrp/TotalAmt021330
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt051582
IRS990/OfficeExpensesGrp/TotalAmt051582
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt09287
IRS990/OtherEmployeeBenefitsGrp/TotalAmt09287
IRS990/OtherExpensesGrp/Desc0CATTLEMEN'S BEEF BOARD
IRS990/OtherExpensesGrp/Desc1National Organizations
IRS990/OtherExpensesGrp/Desc2NATIONAL ORGANIZATIONS
IRS990/OtherExpensesGrp/Desc3LEVY COLLECTION EXPENSE
IRS990/OtherExpensesGrp/ProgramServicesAmt0998893
IRS990/OtherExpensesGrp/ProgramServicesAmt1255000
IRS990/OtherExpensesGrp/ProgramServicesAmt2110780
IRS990/OtherExpensesGrp/ProgramServicesAmt382838
IRS990/OtherExpensesGrp/TotalAmt0998893
IRS990/OtherExpensesGrp/TotalAmt1255000
IRS990/OtherExpensesGrp/TotalAmt2110780
IRS990/OtherExpensesGrp/TotalAmt382838
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt04171
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt04171
IRS990/OtherRevenueTotalAmt04171
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt047477
IRS990/OtherSalariesAndWagesGrp/TotalAmt047477
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt011238
IRS990/PayrollTaxesGrp/TotalAmt011238
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt011854
IRS990/PensionPlanContributionsGrp/TotalAmt011854
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01261
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Kristin Larson
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0BEEF INDUSTRY LEVY
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01911040
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01911040
IRS990/ProgSrvcAccomActy2Grp/Desc0THE COUNCIL SUPPORTS THE U.S. MEAT EXPORT FEDERATION WHOSE MISSION IS TO INCREASE THE VALUE AND PROFITABILITY OF THE U.S. BEEF, PORK AND LAMB INDUSTRIES BY ENHANCING DEMAND FOR THEIR PRODUCTS. IN ADDITION, THE COUNCIL EXPENSES MONEY TO THE FEDERATION OF STATE BEEF COUNCILS FOR ADDITIONAL BEEF MARKETING PROGRAMS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0384342
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0449939
IRS990/ProgSrvcAccomActy3Grp/Desc0To help promote the beef industries the Council funds projects that follows the Council's mission.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt046794
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt054780
IRS990/ProgSrvcAccomActyOtherGrp/Desc0The checkoff program was designed to stimulate others to sell more beef and stimulate consumers to buy more beef. This is accomplished through initiatives such as consumer advertising, marketing partnerships, public relations, education, research and new-product development.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0193423
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt0226435
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt06816
IRS990/PYOtherExpensesAmt01675393
IRS990/PYOtherRevenueAmt04313
IRS990/PYProgramServiceRevenueAmt01859868
IRS990/PYRevenuesLessExpensesAmt040386
IRS990/PYSalariesCompEmpBnftPaidAmt0155218
IRS990/PYTotalExpensesAmt01830611
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01870997
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt010514
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01184056
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0318270
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0273785
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt013673
IRS990ScheduleD/EquipmentGrp/DepreciationAmt035379
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt049052
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt01011432
IRS990ScheduleD/ExpensesSubtotalAmt0900166
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt04576
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt04576
IRS990ScheduleD/NetUnrealizedGainsInvstAmt030538
IRS990ScheduleD/OtherExpensesNotIncludedAmt01011432
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0560
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0560
IRS990ScheduleD/OtherRevenuesNotIncludedAmt01011432
IRS990ScheduleD/RevenueNotReportedAmt030538
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt01011432
IRS990ScheduleD/RevenueSubtotalAmt0910680
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PAYMENTS TO OTHER STATES-BEEF LEVY 12,539. PAYMENTS TO CATTLEMEN'S BEEF BOARD 998,893.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1PAYMENTS TO OTHER STATES-BEEF LEVY 12,539. PAYMENTS TO CATTLEMEN'S BEEF BOARD 998,893.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part XI, Line 4b - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XII, Line 4b - Other Adjustments:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt013673
IRS990ScheduleD/TotalExpensesPerForm990Amt01911598
IRS990ScheduleD/TotalRevenuePerForm990Amt01922112
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0941218
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0900166
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Montana Beef Council per the Beef Promotion and Research Act of 1985 remits $.50 of every $1 Check-off collected to the Cattlemen's Beef Board and may retain up to $.50 of every dollar collected. The Cattlemen's Beef Board is the national organization established by the Beef Promotion and Research Act of 1985 for the promotion of the beef industry. Due to a court ordered preliminary injunction on June 21, 2017, one hundred percent of the Beef Checkoff Collections that were received in the Montana Beef Council office were sent to the Cattlemen's Beef Board. Promotion, education and research programs were suspended until a process could be established allowing producers to consent for Montana Beef Council to retain up to $.50 of their Beef Checkoff collection.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A copy of the 990 is presented to the Board of Directors at the first meeting following the completion of the 990. It could be presented before it is filed, but the scheduled meeting dates usually do not allow viewing it before it is filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The policy is outlined on pages 17, 52-57 of the MBC Policy & Procedures Manual, updated annually. All board members and employees are required to complete the "Annual Conflict of Interest Disclosure Statement for Directors" form. Questions or concerns are to be directed to the Executive Director or the Chairman of the board of directors. Affidavits and other information is reviewed and the executive director and chairman take appropriate action depending upon the seriousness of the conflict of interest, which may include meeting with the individual, immediate discharge or asking the individual to remove himself from the conflict of interest situation. The procedure is outlined in full detail in the MBC Policy and Procedures Manual.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Executive Director does research on salaries and reports to the budget committee members on key employee performance. The budget committee then goes into a closed session and decides on a total salary package for all employees. The package is presented to the board of directors for a vote of approval.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The governing documents and conflict of interest policy is included in the Policy and Procedures Manual which was updated on 1/19/2017 and is available to review per request. 10,150 Annual Reports were distributed to producers through 4 major cattle producer organization newsletters, magazines or at member meetings. In addition, 600 reports were distributed through auction markets, college classroom presentations, individual requests and used as otherwise requested. The Annual Report is also available on our website: montanabeefcouncil.org.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PRODUCER COMMUNICATIONS: Program service expenses 34,300. Management and general expenses 0. Fundraising expenses 0. Total expenses 34,300. EDUCATIONAL PROGRAMS: Program service expenses 26,644. Management and general expenses 0. Fundraising expenses 0. Total expenses 26,644. BEEF SAFETY & ISSUES MANAGEMENT: Program service expenses 17,677. Management and general expenses 0. Fundraising expenses 0. Total expenses 17,677. PAYMENT OF LEVY OF OTHER STATES: Program service expenses 12,539. Management and general expenses 0. Fundraising expenses 0. Total expenses 12,539. RETAIL PROGRAMS & MERCHANDISING: Program service expenses 6,882. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,882. EQUIPMENT REPAIRS: Program service expenses 6,564. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,564. Deptartment of Livestock Fees: Program service expenses 6,298. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,298. INFORMATION-HEALTH PROFESSIONALS: Program service expenses 5,811. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,811. Research: Program service expenses 5,500. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,500. TELEPHONE: Program service expenses 4,800. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,800. FOOD SERVICE: Program service expenses 4,325. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,325. POSTAGE: Program service expenses 2,991. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,991. MISCELLANEOUS: Program service expenses 0. Management and general expenses 1,638. Fundraising expenses 0. Total expenses 1,638. DUES: Program service expenses 0. Management and general expenses 375. Fundraising expenses 0. Total expenses 375.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, line 24e
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd01
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0627139
IRS990/TotalAssetsEOYAmt0657307
IRS990/TotalAssetsGrp/BOYAmt0627139
IRS990/TotalAssetsGrp/EOYAmt0657307
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0275607
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01635991
IRS990/TotalFunctionalExpensesGrp/TotalAmt01911598
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt054855
IRS990/TotalLiabilitiesEOYAmt043971
IRS990/TotalLiabilitiesGrp/BOYAmt054855
IRS990/TotalLiabilitiesGrp/EOYAmt043971
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0572284
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0613336
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt0193423
IRS990/TotalOtherProgSrvcRevenueAmt0226435
IRS990/TotalProgramServiceExpensesAmt01635991
IRS990/TotalProgramServiceRevenueAmt01911040
IRS990/TotalReportableCompFromOrgAmt087153
IRS990/TotalRevenueGrp/ExclusionAmt06901
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01915211
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01922112
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0627139
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0657307
IRS990/TotReportableCompRltdOrgAmt00

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.79$0.00$1.79$1.70$1.89$0.19
2023Summary only. Only limited summary data is available for this year.$1.96$0.00$1.96$1.61$1.78$0.16
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.05$0.00$2.05$1.93$1.97$0.04
2021Summary only. Only limited summary data is available for this year.$2.14$0.00$2.14$2.12$1.97$0.15
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.93$0.00$1.93$3.55$2.31$1.24
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.68$0.00$0.68$2.26$2.23$0.04
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.69$0.03$0.66$2.39$2.36$0.03
2017Detailed filing. Detailed filing data is available for this year.$0.66$0.04$0.61$1.92$1.91$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.63$0.05$0.57$1.87$1.83$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.53$0.02$0.51$1.77$1.77$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.54$0.01$0.53$1.79$1.75$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.49$0.02$0.47$1.79
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.44$0.03$0.42$1.85
2011Summary only. Only limited summary data is available for this year.$0.47$0.02$0.45$1.76$1.83$0.07