Overview
What is Florida Cattlemen's County Association Inc?
Florida Cattlemen's County Association Inc is a nonprofit organization based in Kissimmee, Florida. Its primary mission is to support and aid affiliated associations in educating the public about the cattle industry within the state. They help these associations comply with group exemption requirements. Since 2010, 39 county cattle associations have affiliated with them, receiving assistance in various aspects of incorporation and operation. They also collect and pay for Director & Officer Liability Insurance annually for these affiliated members. The association ensures timely filing of annual tax forms and updates related to the group exemption.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
The Florida Cattlemen's County Association Inc has achieved an impressive score of 94%, reflecting a high level of accountability and financial health. This rating is based solely on its performance in the Accountability & Finance beacon, indicating that the organization prioritizes transparency and effective financial management. The assessment for the most recent fiscal year, FY2023, shows strong governance practices, including a fully independent board and no material diversion of assets.
Strengths noted in the evaluation include a complete set of governance policies, such as conflict of interest, whistleblower, and document retention policies, which all received maximum ratings. The board's independence and size further bolster the organization's credibility, as it ensures that decisions are made in the best interests of the nonprofit's mission without undue influence. Additionally, the organization maintains an excellent liabilities to assets ratio, demonstrating sound financial health.
While the data presents a positive overview, there are no specific limitations mentioned in the feedback. The exceptionally high program expense ratio of 98.72% indicates that nearly all expenses are directed towards program activities, which can be a sign of effective resource allocation towards fulfilling its mission. Overall, the Florida Cattlemen's County Association Inc exemplifies strong financial stewardship and governance.
This AI summary has been generated from information found on Charity Navigator.
Is Florida Cattlemen's County Association Inc legitimate?
Florida Cattlemen's County Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Florida Cattlemen's County Association Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Florida Cattlemen's County Association Inc?
The Florida Cattlemen's County Association Inc is committed to providing support and assistance to its affiliated associations, with the primary goal of educating the public about the cattle industry in Florida. The association aids in ensuring that affiliated associations comply with the Group Exemption Requirements. Through presentations and guidance, they assist in adopting necessary documents and purchasing Director & Officer Liability Insurance. The Association files the annual Group 990 and updates the Group Exemption Letter annually, ensuring compliance. The Florida Cattlemen's County Association also collects and pays for Director & Officer Liability Insurance annually for its members who opt for it.
Who is the CEO of Florida Cattlemen's County Association Inc?
Thomas J Bryant is the Chairman/Dir of Florida Cattlemen's County Association Inc.
What is the revenue of Florida Cattlemen's County Association Inc?
Florida Cattlemen's County Association Inc's revenue in 2022 was $1,400.
Who are the executives of Florida Cattlemen's County Association Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Florida Cattlemen's County Association Inc?
Florida Cattlemen's County Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Florida Cattlemen's County Association Inc
Florida Cattlemen's County Association, in its mission, provides support and assistance to affiliated county associations in educating the public about the cattle industry within the state of Florida. The primary objective is to help these affiliated associations comply with the group exemption requirements. The association accomplishes this by conducting presentations throughout the state, explaining the importance and benefits of becoming a not-for-profit corporation. Since 2010, 39 county associations have affiliated with Florida Cattlemen's County Association, receiving various levels of assistance in adopting their articles of incorporation, bylaws, organizational structure, and incorporation, as well as purchasing director and officer liability insurance. The association also ensures timely filing of annual group 990 forms and group exemption letter annual subordinate information updates. Furthermore, Florida Cattlemen's County Association collects and pays for director and officer liability insurance annually for all subordinate county cattle members who elect to be insured. In essence, the association plays a crucial role in supporting and guiding affiliated county associations, helping them navigate the not-for-profit landscape and comply with necessary regulations.
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Impact
October, 2024
The Florida Cattlemen's County Association Inc plays a pivotal role in enhancing the cattle industry in Florida through education and support. By focusing on educating the public about the significance of the cattle industry, the association fosters a greater understanding of its economic and cultural impact within the state.
Since 2010, 39 county cattle associations have aligned with the Florida Cattlemen's County Association, benefiting from tailored assistance that includes the development of articles of incorporation, bylaws, and organizational structures. This support ensures that affiliated associations operate efficiently and comply with necessary regulations.
Additionally, the association assists with the procurement of director and officer liability insurance, enhancing financial security for local leaders and encouraging participation in the industry. By managing the timely filing of annual tax documents and maintaining the group exemption status, the Florida Cattlemen's County Association minimizes administrative burdens, allowing county associations to focus on their core activities.
Through these initiatives, the association not only strengthens individual county organizations but also boosts the overall viability and sustainability of Florida's cattle industry, contributing to its resilience and growth.
This information is meant to be a general summary of Florida Cattlemen's County Association Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $800
- Gross Receipts: $1,400
Assets and Liabilities:
- Total Assets: $1,234
- Total Liabilities: $0
- Net Assets: $1,234
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COLLECT D&O LIABILITY INSURA
Revenue
$800
Organization Details
Founding Year
2009
Phone
(863) 646-1373Principal Officer
Thomas J Bryant
Main Address
800 SHAKERAG RD, KISSIMMEE, FL, 347444445
NTEE Category
Code: K20 - Food
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