Civic Intelligence

Montana Beef Council

990 • Fiscal year 2018 • EIN 81-0388133

Oct 01, 2017 to Sep 30, 2018 • Filed on Feb 13, 2019

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

64th percentile

0.04x

Higher debt load relative to assets than 64% of similar nonprofits.

2018 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

46th percentile

0.01x

Higher debt load relative to revenue than 46% of similar nonprofits.

2018 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2018

Net Margin

35th percentile

1.2%

Higher net margin than 35% of similar nonprofits.

2018 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

37th percentile

$69,541

Higher top officer pay than 37% of similar nonprofits.

Top officer pay equals 2.9% of source-year revenue.

2018 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2018

Asset Growth

55th percentile

5.2%

Faster asset growth than 55% of similar nonprofits.

2018 filings • 501(c)5 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

89th percentile

24%

Faster revenue growth than 89% of similar nonprofits.

2018 filings • 501(c)5 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$691,495

Up $34,188 (+5.2%) from 2017

Net Assets

Up

$660,937

Up $47,601 (+7.8%) from 2017

Liabilities

Down

$30,558

Down $13,413 (-31%) from 2017

Revenue

Up

$2,391,800

Up $469,688 (+24%) from 2017

Expenses

Up

$2,361,927

Up $450,329 (+24%) from 2017

Net Income

Up

$29,873

Up $19,359 (+184%) from 2017

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

2018

Assets$691,495
Liabilities$30,558
Net Assets$660,937

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

2018

Revenue$2,391,800
Expenses$2,361,927
Net Income$29,873
Jump To
Filing Snapshot
Filing Period
Oct 1, 2017 to Sep 30, 2018
Signed
Feb 13, 2019
Return Version
2017v2.3
Gross Receipts
$2,391,800
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
Investments in Publicly Traded Securities$242,489$260,217▲ $17,728
Savings and Temporary Cash Investments$273,785$242,063▼ $31,722
Accounts Receivable$127,360$114,267▼ $13,093
Cash and Non-Interest-Bearing Accounts$0$65,762▲ $65,762
Land, Buildings, and Equipment, Net$13,673$9,186▼ $4,487
Total Assets$657,307$691,495▲ $34,188
Liabilities
Accounts Payable and Accrued Expenses$43,971$30,558▼ $13,413
Total Liabilities$43,971$30,558▼ $13,413
Net Assets / Fund Balance
Unrestricted Net Assets$613,336$660,937▲ $47,601
Total Net Assets Fund Balance$613,336$660,937▲ $47,601
Total Liabilities and Net Assets / Fund Balance$657,307$691,495▲ $34,188

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$9,186$39,549$48,735
Leasehold Improvements$0$4,576$4,576
Other Land Buildings$0$560$560
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Chaley HarneyExecutive DirectorFT$69,541$69,541
Susan BroylesBusiness ManagerPT$21,312$21,312

Board Members and Trustees

NameTitle
James TaberPresident
Kiley MartinellVice President
Andy KellomDirector
Bill CokDirector
Brett DaileyDirector
Corey SchultzDirector
Gary WoldDirector
Heather FryerDirector
Kathy Creighton-smithDirector
Richard AndersonDirector
Shane FlowersDirector
Travis ChoatDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,385,779
Investment Income
$5,920
Other Revenue
$101
Change in Net Assets
$29,873

Audited Revenue Reconciliation

Revenue per Audited Statements
$436,888
Revenue Not Reported on Financial Statements
$1,954,912
Revenue Not Reported on Form 990
$17,728
Other Revenue Adjustments
$1,954,912
Total Revenue per Audited Statements
$454,616
Total Revenue per Form 990
$2,391,800
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,193,239
Salaries, Compensation, and Employee Benefits$168,688
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees-$79,074-$79,074
Other Salaries and Wages-$56,411-$56,411
All Other Expenses$43,604$994-$44,598
Occupancy-$21,644-$21,644
Advertising$19,409--$19,409
Travel$13,878--$13,878
Pension Plan Contributions-$12,609-$12,609
Other Expenses$12,100--$12,100
Payroll Taxes-$11,905-$11,905
Office Expenses-$11,628-$11,628
Fees for Services Accounting-$9,900-$9,900
Other Employee Benefits-$8,689-$8,689
Conferences and Meetings-$8,199-$8,199
Depreciation Depletion-$5,552-$5,552
Insurance-$1,903-$1,903
Fees for Services Legal-$86-$86
Total Functional Expenses$2,133,333$228,594$0$2,361,927

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$2,361,927
Expenses Not Reported on Financial Statements$1,954,912
Other Expense Adjustments$1,954,912
Expenses per Audited Statements$407,015
Total Expenses per Audited Statements$407,015
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 1/18/2018 and is available to review per request. The annual report was available on the montana beef council website. Copies of the annual report were available at producer organization meetings. In addition, 300 reports were distributed through auction markets, college classroom presentations, individual requests and used as otherwise requested.

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
James Taber
Title
President
Phone
4066563336
Signed
2019-02-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Taber
Formed
1957
Legal Domicile
Mt
Voting Board Members
12
Independent Board Members
12
Employees
4
Volunteers
12

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 IX, Line 24E

Payment of levy of other states: program service expenses 10,508. Management and general expenses 0. Fundraising expenses 0. Total expenses 10,508. Beef safety & issues management: program service expenses 9,500. Management and general expenses 0. Fundraising expenses 0. Total expenses 9,500. National organizations - us mef: program service expenses 6,483. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,483. Deptartment of livestock fees: program service expenses 6,298. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,298. Equipment repairs: program service expenses 4,939. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,939. Research: program service expenses 4,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,000. Information-health professionals: program service expenses 1,279. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,279. Miscellaneous: program service expenses 0. Management and general expenses 994. Fundraising expenses 0. Total expenses 994. Dues: program service expenses 397. Management and general expenses 0. Fundraising expenses 0. Total expenses 397. Food service: program service expenses 200. Management and general expenses 0. Fundraising expenses 0. Total expenses 200.

Financial Statement Notes

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Payments to other states-beef levy 10,508. Payments to cattlemen's beef board 1,944,404.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Payments to other states-beef levy 10,508. Payments to cattlemen's beef board 1,944,404.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
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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/GrossReceiptsAmt02391800
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/ExclusionAmt05920
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt05920
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0242489
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0260217
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt044685
IRS990/LandBldgEquipBasisNetGrp/BOYAmt013673
IRS990/LandBldgEquipBasisNetGrp/EOYAmt09186
IRS990/LandBldgEquipCostOrOtherBssAmt053871
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/NetAssetsOrFundBalancesBOYAmt0613336
IRS990/NetAssetsOrFundBalancesEOYAmt0660937
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt017728
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt021644
IRS990/OccupancyGrp/TotalAmt021644
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt011628
IRS990/OfficeExpensesGrp/TotalAmt011628
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt08689
IRS990/OtherEmployeeBenefitsGrp/TotalAmt08689
IRS990/OtherExpensesGrp/Desc0CATTLEMEN'S BEEF BOARD
IRS990/OtherExpensesGrp/Desc1LEVY COLLECTION EXPENSE
IRS990/OtherExpensesGrp/Desc2PRODUCER COMMUNICATIONS
IRS990/OtherExpensesGrp/Desc3EDUCATIONAL PROGRAMS
IRS990/OtherExpensesGrp/ProgramServicesAmt01944404
IRS990/OtherExpensesGrp/ProgramServicesAmt183818
IRS990/OtherExpensesGrp/ProgramServicesAmt216120
IRS990/OtherExpensesGrp/ProgramServicesAmt312100
IRS990/OtherExpensesGrp/TotalAmt01944404
IRS990/OtherExpensesGrp/TotalAmt183818
IRS990/OtherExpensesGrp/TotalAmt216120
IRS990/OtherExpensesGrp/TotalAmt312100
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0101
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0101
IRS990/OtherRevenueTotalAmt0101
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt056411
IRS990/OtherSalariesAndWagesGrp/TotalAmt056411
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt011905
IRS990/PayrollTaxesGrp/TotalAmt011905
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt012609
IRS990/PensionPlanContributionsGrp/TotalAmt012609
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JAMES TABER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0GROSS ASSESSMENTS - BE
IRS990/ProgramServiceRevenueGrp/Desc1COLLECTIONS EXPENSE RE
IRS990/ProgramServiceRevenueGrp/Desc2CONSENTED ASSESSMENTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01871736
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1276447
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2237596
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01871736
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1276447
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2237596
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.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProgSrvcAccomActy3Grp/Desc0TO HELP PROMOTE THE BEEF INDUSTRIES THE COUNCIL FUNDS PROJECTS THAT FOLLOWS THE COUNCIL'S MISSION.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt036996
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt041376
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/ExpenseAmt0141425
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt0158167
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt06901
IRS990/PYOtherExpensesAmt01747974
IRS990/PYOtherRevenueAmt04171
IRS990/PYProgramServiceRevenueAmt01911040
IRS990/PYRevenuesLessExpensesAmt010514
IRS990/PYSalariesCompEmpBnftPaidAmt0163624
IRS990/PYTotalExpensesAmt01911598
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01922112
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt029873
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02186338
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0273785
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0242063
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt09186
IRS990ScheduleD/EquipmentGrp/DepreciationAmt039549
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt048735
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt01954912
IRS990ScheduleD/ExpensesSubtotalAmt0407015
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt04576
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt04576
IRS990ScheduleD/NetUnrealizedGainsInvstAmt017728
IRS990ScheduleD/OtherExpensesNotIncludedAmt01954912
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0560
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0560
IRS990ScheduleD/OtherRevenuesNotIncludedAmt01954912
IRS990ScheduleD/RevenueNotReportedAmt017728
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt01954912
IRS990ScheduleD/RevenueSubtotalAmt0436888
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PAYMENTS TO OTHER STATES-BEEF LEVY 10,508. PAYMENTS TO CATTLEMEN'S BEEF BOARD 1,944,404.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1PAYMENTS TO OTHER STATES-BEEF LEVY 10,508. PAYMENTS TO CATTLEMEN'S BEEF BOARD 1,944,404.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt09186
IRS990ScheduleD/TotalExpensesPerForm990Amt02361927
IRS990ScheduleD/TotalRevenuePerForm990Amt02391800
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0454616
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0407015
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A 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/ExplanationTxt1THE 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/ExplanationTxt2THE 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/ExplanationTxt3THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY IS INCLUDED IN THE POLICY AND PROCEDURES MANUAL WHICH WAS UPDATED ON 1/18/2018 AND IS AVAILABLE TO REVIEW PER REQUEST. THE ANNUAL REPORT WAS AVAILABLE ON THE MONTANA BEEF COUNCIL WEBSITE. COPIES OF THE ANNUAL REPORT WERE AVAILABLE AT PRODUCER ORGANIZATION MEETINGS. IN ADDITION, 300 REPORTS WERE DISTRIBUTED THROUGH AUCTION MARKETS, COLLEGE CLASSROOM PRESENTATIONS, INDIVIDUAL REQUESTS AND USED AS OTHERWISE REQUESTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PAYMENT OF LEVY OF OTHER STATES: PROGRAM SERVICE EXPENSES 10,508. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,508. BEEF SAFETY & ISSUES MANAGEMENT: PROGRAM SERVICE EXPENSES 9,500. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,500. NATIONAL ORGANIZATIONS - US MEF: PROGRAM SERVICE EXPENSES 6,483. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,483. DEPTARTMENT OF LIVESTOCK FEES: PROGRAM SERVICE EXPENSES 6,298. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,298. EQUIPMENT REPAIRS: PROGRAM SERVICE EXPENSES 4,939. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,939. RESEARCH: PROGRAM SERVICE EXPENSES 4,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,000. INFORMATION-HEALTH PROFESSIONALS: PROGRAM SERVICE EXPENSES 1,279. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,279. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 994. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 994. DUES: PROGRAM SERVICE EXPENSES 397. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 397. FOOD SERVICE: PROGRAM SERVICE EXPENSES 200. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 200.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 24E
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0657307
IRS990/TotalAssetsEOYAmt0691495
IRS990/TotalAssetsGrp/BOYAmt0657307
IRS990/TotalAssetsGrp/EOYAmt0691495
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0228594
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02133333
IRS990/TotalFunctionalExpensesGrp/TotalAmt02361927
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt043971
IRS990/TotalLiabilitiesEOYAmt030558
IRS990/TotalLiabilitiesGrp/BOYAmt043971
IRS990/TotalLiabilitiesGrp/EOYAmt030558
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0613336
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0660937
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt0141425
IRS990/TotalOtherProgSrvcRevenueAmt0158167
IRS990/TotalProgramServiceExpensesAmt02133333
IRS990/TotalProgramServiceRevenueAmt02385779
IRS990/TotalReportableCompFromOrgAmt090853
IRS990/TotalRevenueGrp/ExclusionAmt05920
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02385880

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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
2018Detailed filing. Detailed filing data is available for this year.$0.69$0.03$0.66$2.39$2.36$0.03
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$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