Iowa-Nebraska Farm Equipment Association Inc

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

EIN: 420332550 ✦ Johnston, IA ✦ Designated as a 501(c)(6)

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Overview

What is Iowa-Nebraska Farm Equipment Association Inc?

The Iowa-Nebraska Farm Equipment Association Inc is a nonprofit organization, primarily serving farmers and industrial equipment dealers in Iowa and Nebraska. Established in Johnston, Iowa, the association promotes knowledge and information exchange among its members, fostering a collaborative network within the farm, industrial, and outdoor power equipment industry. Their annual convention and show provide a platform for suppliers to present new developments and products, ensuring members stay updated with industry trends. The association's mission is to improve the general welfare of its members by advocating for favorable legislation and offering various programs and services at reasonable costs.


Official website here: www.ineda.com

Is Iowa-Nebraska Farm Equipment Association Inc legitimate?

Iowa-Nebraska Farm Equipment Association Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Iowa-Nebraska Farm Equipment 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

For more financial information, click here


Official website here: www.ineda.com

What is the mission statement of Iowa-Nebraska Farm Equipment Association Inc?

The Iowa-Nebraska Farm Equipment Association Inc, as a nonprofit organization, aims to bring together various farm, industrial, and outdoor power equipment dealers in Iowa and Nebraska. Their primary mission is to support the well-being of their dealer members by advocating for favorable legislation and offering various programs and services at affordable prices. The association promotes knowledge and information sharing within the farm implement and equipment dealer industry through events like their annual convention and show, where suppliers provide dealers with updates on new developments and products.


Official website here: www.ineda.com

Who is the CEO of Iowa-Nebraska Farm Equipment Association Inc?

Mark Hennessey is the Ceo of Iowa-Nebraska Farm Equipment Association Inc. The CEO's salary of Iowa-Nebraska Farm Equipment Association Inc is $0 and their total compensation is $254,287.


Official website here: www.ineda.com

What is the revenue of Iowa-Nebraska Farm Equipment Association Inc?

Iowa-Nebraska Farm Equipment Association Inc's revenue in 2023 was $3,573,450.


Official website here: www.ineda.com

Who are the executives of Iowa-Nebraska Farm Equipment Association Inc and what are their salaries?

There 2 volunteers at Iowa-Nebraska Farm Equipment Association Inc.


Here are 16 key members and their salaries (Iowa-Nebraska Farm Equipment Association Inc's CEO's salary is $0 and their total compensation is $254,287):


Mark Hennessey (Ceo)
  • Compensation: $0
  • Related: $208,787
  • Other: $45,500
Tom Junge (Ia Field Dir)
  • Compensation: $0
  • Related: $149,180
  • Other: $48,692
Mark Othmer (Ne Field Dir)
  • Compensation: $0
  • Related: $124,256
  • Other: $27,675
Cindy Feldman (Marketing Di)
  • Compensation: $0
  • Related: $118,158
  • Other: $27,506
Donna Miller (Operations M)
  • Compensation: $0
  • Related: $124,278
  • Other: $18,952
Will Rogers (Dir Of Gov'T)
  • Compensation: $0
  • Related: $114,840
  • Other: $27,074
Kent Grosshans (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Koonce (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Mccarthy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Placek (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Vande Hoef (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ivan Dorhout Left July 2023 (Ed Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Funke (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Clark (Vice Chairma)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Kayton (Past Chairma)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Beach Left March 2023 (Past Chairma)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ineda.com

Where can I find the form 990 for Iowa-Nebraska Farm Equipment Association Inc?

Iowa-Nebraska Farm Equipment Association Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.ineda.com

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

Mission Statement of Iowa-Nebraska Farm Equipment Association Inc

Iowa-Nebraska Farm Equipment Association Inc, a nonprofit corporation, is committed to fostering a sense of unity among various farm, industrial, and outdoor power equipment dealers in Iowa and Nebraska. Their primary mission is to enhance the well-being of their dealer/member base by advocating for favorable legislation and offering a variety of programs and services at reasonable costs. The association serves as a platform for dealing with the latest developments and products in the farm implement, construction, and industrial equipment industry, ensuring that its members stay informed and competitive in the market. Through their annual convention and show, suppliers provide valuable insights, enabling the dealers/members to adapt and grow in their respective industries.

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Impact




October, 2024

The Iowa-Nebraska Farm Equipment Association Inc fosters collaboration among farm, industrial, and outdoor power equipment dealers in Iowa and Nebraska, enhancing the overall quality and sustainability of the agricultural equipment industry. By bringing dealers together, the association promotes the sharing of knowledge and information about farm implements and equipment, ensuring that members stay informed about the latest developments and products in the field.

Through its annual convention and show, the association provides a platform for members and their associates to connect with suppliers and gain insights into emerging technologies and innovations. This event not only enhances professional development but also strengthens business relationships within the agricultural community.

Additionally, the association advocates for favorable legislation that supports its members, helping to shape policies that benefit the equipment industry at large. By offering various programs and services at reasonable costs, the Iowa-Nebraska Farm Equipment Association Inc serves as a valuable resource for its dealer members, contributing to their success and the overall improvement of the farming community in the region.




This information is meant to be a general summary of Iowa-Nebraska Farm Equipment 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.

Revenue
$3,573,450 (2023)
Expenses
$3,069,664 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $230,152
  • Program Service Revenue: $3,338,605
  • Gross Receipts: $3,598,443

Assets and Liabilities:

  • Total Assets: $9,522,882
  • Total Liabilities: $2,858,955
  • Net Assets: $6,663,927

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CONVENTION & SHOWS

Revenue

$3,100,325

MEMBERSHIP

Revenue

$177,050

DEALER MEETING

Revenue

$61,230

Organization Details

Founding Year

1927

Principal Officer

Mark Hennessey

Main Address

8330 NW 54TH AVENUE, JOHNSTON, IA, 50131

NTEE Category

Code: S41 - Community improvement

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