Overview
What is Broadwater County 4-H Livestock Committee?
The Broadwater County 4-H Livestock Committee is a nonprofit organization that relies on contributions from businesses participating in the annual 4H Fair and Livestock Market Sale. They utilize these funds to cover the cost of trophies and awards sponsored by donors, with the 4H Livestock Council managing these expenses. During the market sale, buyers, including local businesses, pay the council for each purchase, with the council subsequently remitting the sale amount to the 4H member who sold the market animal, less a 3.5% commission. This retained commission is then allocated towards financing educational and improvement projects for all 4H youth, thereby contributing to their growth and development.
Official website here: www.515 broadway
Is Broadwater County 4-H Livestock Committee legitimate?
Broadwater County 4-H Livestock Committee is a legitimate nonprofit organization registered as a 501(c)(3) entity. Broadwater County 4-H Livestock Committee 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
For more financial information, click here
Official website here: www.515 broadway
What is the mission statement of Broadwater County 4-H Livestock Committee?
The Broadwater County 4-H Livestock Committee's mission is centered around raising funds primarily from annual 4-H fair and Livestock market Sale donations, as well as sponsorships for trophies and awards. These funds are utilized to cover the cost of the trophies and awards, with the excess being channeled towards educational and improvement projects for all 4-H youth. The committee also serves as the market sale clerk, with buyers paying the council for each purchase, and the council then remitting the sale proceeds to the respective 4-H members, deducting a 3.5% commission. This retained commission is then utilized for the aforementioned educational and improvement projects.
Official website here: www.515 broadway
Who is the CEO of Broadwater County 4-H Livestock Committee?
Allison Kosto is the Principal Officer of Broadwater County 4-H Livestock Committee.
Official website here: www.515 broadway
What is the revenue of Broadwater County 4-H Livestock Committee?
Broadwater County 4-H Livestock Committee's revenue in 2022 was $345,918.
Official website here: www.515 broadway
Who are the executives of Broadwater County 4-H Livestock Committee and what are their salaries?
There 15 volunteers at Broadwater County 4-H Livestock Committee.
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
Official website here: www.515 broadway
Where can I find the form 990 for Broadwater County 4-H Livestock Committee?
Broadwater County 4-H Livestock Committee's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.515 broadway
Learn more at the official website: www.515 broadway
Mission Statement of Broadwater County 4-H Livestock Committee
The Broadwater County 4-H Livestock Committee's mission is centered around raising funds for the betterment of 4-H youth. Primarily, contributions are sourced from businesses that support the annual 4-H fair and Livestock market Sale. Additionally, donors sponsoring trophies and awards contribute financially, with the 4-H Council Livestock utilizing these funds to purchase the trophies and awards in return. The council also oversees the market sale, with buyers, both local and businesses, paying the council for each purchase. Upon completion of a sale, the council then pays the 4-H member who sold the market animal, deducting a 3.5% commission. The retained commission from these sales is then funneled into funding various educational and improvement projects for all 4-H youth in the area.
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Impact
October, 2024
The Broadwater County 4-H Livestock Committee significantly enhances youth development through its structured programs and events, particularly the annual 4-H Fair and Livestock Market Sale. By facilitating these activities, the committee not only provides a platform for young people to showcase their livestock but also teaches them valuable skills in agriculture, entrepreneurship, and responsibility.
The funding model revolves around local businesses and community donors who contribute to sponsorships for trophies and awards, encouraging participation and excellence among 4-H members. Each year, the market sale serves as a culmination of their hard work, where local buyers purchase livestock from 4-H participants. The committee’s process ensures that after the sale, members receive financial compensation for their animals, less a small commission of 3.5%. This commission is crucial, as it is reinvested into educational and improvement projects benefiting all youth involved in the 4-H program.
Through these combined efforts, the committee fosters an environment of learning and growth, equipping young individuals with the skills and confidence necessary to succeed in various aspects of life, while also strengthening community ties through local business support and engagement.
This information is meant to be a general summary of Broadwater County 4-H Livestock Committee. 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.
- Investment Income: $13
- Gross Receipts: $345,918
Assets and Liabilities:
- Total Assets: $107,553
- Total Liabilities: $0
- Net Assets: $107,553
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Organization Details
Founding Year
2010
Phone
(406) 266-9242Principal Officer
Allison Kosto
Main Address
515 Broadway, Townsend, MT, 59644
Website
www.515 broadwayNTEE Category
Code: O52 - Youth development
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