Producers Livestock Credit Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 361523920 ✦ Omaha, NE ✦ Designated as a 501(c)(16)

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Overview

What is Producers Livestock Credit Corporation?

Producers Livestock Credit Corporation is a nonprofit organization located in Omaha, Nebraska. Their primary mission is to support and foster profitability in the American agriculture sector, particularly in livestock operations. They specialize in offering alternative financing solutions, catering to businesses that may not have access to such services through traditional financial markets. This organization aims to provide opportunities for the growth and success of livestock entrepreneurs, thereby contributing to the overall strength of the agriculture industry in the United States.


Official website here: www.plmcoop.com

Is Producers Livestock Credit Corporation legitimate?

Producers Livestock Credit Corporation is a legitimate nonprofit organization registered as a 501(c)(16) entity. Producers Livestock Credit Corporation 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: $490,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $500,759

For more financial information, click here


Official website here: www.plmcoop.com

What is the mission statement of Producers Livestock Credit Corporation?

Producers Livestock Credit Corporation aims to foster profitability and opportunities within the American agriculture sector. The corporation is structured to offer alternative financing options for livestock operations that are often unavailable through traditional financing markets. By providing financing for various livestock feeding operations, the company aims to encourage growth and prosperity in the agriculture industry.


Official website here: www.plmcoop.com

Who is the CEO of Producers Livestock Credit Corporation?

Roderick Keith is the President of Producers Livestock Credit Corporation.


Official website here: www.plmcoop.com

What is the revenue of Producers Livestock Credit Corporation?

Producers Livestock Credit Corporation's revenue in 2022 was $8,023,454.


Official website here: www.plmcoop.com

Who are the executives of Producers Livestock Credit Corporation and what are their salaries?


Here are 4 key members and their salaries:


Roderick Keith (President)
  • Compensation: $0
  • Related: $273,247
  • Other: $16,395
David Nickelson (Treasurer)
  • Compensation: $0
  • Related: $187,823
  • Other: $11,269
Deb Engler (Secretary)
  • Compensation: $0
  • Related: $164,285
  • Other: $9,857
Tim Meyer (Vice President)
  • Compensation: $0
  • Related: $240,058
  • Other: $14,403


Official website here: www.plmcoop.com

Where can I find the form 990 for Producers Livestock Credit Corporation?

Producers Livestock Credit Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.plmcoop.com

Learn more at the official website: www.plmcoop.com

Mission Statement of Producers Livestock Credit Corporation

Producers Livestock Credit Corporation, as an organization, is dedicated to encouraging profit and opportunities in the realm of American agriculture. It aims to accomplish this mission by offering alternative financing solutions for livestock operations that are not readily available through traditional financing markets. By providing financing for various livestock feeding operations, the corporation strives to augment the success and prospects of the agricultural sector in the United States.

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Impact




October, 2024

Producers Livestock Credit Corporation plays a vital role in bolstering American agriculture by providing alternative financing options tailored for livestock operations that often face challenges accessing traditional financial markets. By encouraging profit and opportunity, the organization supports various types of livestock feeding operations, enabling farmers and ranchers to invest in their businesses, enhance productivity, and contribute to the overall food supply. This focus on alternative financing not only aids individual livestock producers but also strengthens the agricultural economy, fostering growth and sustainability in the farming sector. Based in Omaha, Nebraska, Producers Livestock Credit Corporation's mission underscores its commitment to empowering agricultural stakeholders and promoting the viability of American livestock operations.




This information is meant to be a general summary of Producers Livestock Credit Corporation. 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.

Revenue
$8,023,454 (2022)
Expenses
$4,247,873 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,836,814
  • Gross Receipts: $8,023,454

Assets and Liabilities:

  • Total Assets: $188,745,900
  • Total Liabilities: $134,829,619
  • Net Assets: $53,916,281

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Organization Details

Founding Year

1924

Principal Officer

Roderick Keith

Main Address

4809 SOUTH 114TH STREET, OMAHA, NE, 681372308

NTEE Category

Code: K20 - Food

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