Overview
What is Soutwest Iowa Farm Business Association?
The Southeast Iowa Farm Business Association is a nonprofit organization, with a clientele base of around 204 members. Their primary mission is to compile financial data from their members and conduct a thorough business financial analysis. This information is then utilized for extensive research, contributing to industry-wide studies conducted by the organization and Iowa State University. The findings are subsequently published and disseminated industry-wide, with trade publications also carrying this data. Beyond research, the association also focuses on client education, providing valuable insights and knowledge to its members.
Is Soutwest Iowa Farm Business Association legitimate?
Soutwest Iowa Farm Business Association is a legitimate nonprofit organization registered as a 501(c)(5) entity. Soutwest Iowa Farm Business Association 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: $234,673
For more financial information, click here
What is the mission statement of Soutwest Iowa Farm Business Association?
The Southeast Iowa Farm Business Association's mission revolves around educating its clientele base, which comprises around 204 farmers. The organization collects financial data from these farmers and conducts a thorough business analysis. This information is then utilized for research purposes, contributing to industry-wide studies. Furthermore, the findings are published broadly, including by this organization and Iowa State University. Additionally, trade publications also disseminate this information, thereby providing extensive exposure. The primary objective of this client education process is to enhance the agricultural community's understanding and management of their financial aspects.
Who is the CEO of Soutwest Iowa Farm Business Association?
Craig Sudmann is the Director of Soutwest Iowa Farm Business Association.
What is the revenue of Soutwest Iowa Farm Business Association?
Soutwest Iowa Farm Business Association's revenue in 2022 was $384,790.
Who are the executives of Soutwest Iowa Farm Business Association and what are their salaries?
The average compensation at Soutwest Iowa Farm Business Association during 2022 was $29,334. There are 8 employees at Soutwest Iowa Farm Business Association.
Here are 8 key members and their salaries:
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Where can I find the form 990 for Soutwest Iowa Farm Business Association?
Soutwest Iowa Farm Business Association's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Soutwest Iowa Farm Business Association
The Southeast Iowa Farm Business Association, with a clientele base of approximately 204, is committed to educating its clients through the collection and analysis of financial data. The primary objective of this organization is to conduct a comprehensive financial analysis of businesses within its scope. This information is then utilized for extensive research and published industry-wide, both by the association itself and Iowa State University. Moreover, trade publications also carry this valuable data, making it widely accessible for the agricultural sector. Alongside its research activities, the Southeast Iowa Farm Business Association prioritizes client education, ensuring that its members can leverage the insights gained from this research to enhance their business strategies and decision-making processes.
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Impact
October, 2024
The Southwest Iowa Farm Business Association plays a vital role in enhancing the financial health and sustainability of farming operations in the region. With a clientele base of approximately 204 members, the organization focuses on collecting and analyzing financial data. This critical information enables farmers to understand their financial position more clearly and make informed business decisions.
By conducting thorough business financial analyses, the association equips farmers with the tools they need to improve profitability and operational efficiency. The insights gained are not only beneficial for individual clients but also contribute to broader agricultural research, influencing industry standards. The findings are published by the organization and in collaboration with Iowa State University, ensuring that valuable knowledge is shared widely through trade publications.
Ultimately, the Southwest Iowa Farm Business Association fosters community improvement by supporting local farmers in their financial planning and development strategies. This collective effort enhances the resilience of the agricultural sector, contributing to the economic vitality of the region.
This information is meant to be a general summary of Soutwest Iowa Farm Business Association. 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: $194
- Program Service Revenue: $317,535
- Gross Receipts: $384,790
Assets and Liabilities:
- Total Assets: $88,213
- Total Liabilities: $2,666
- Net Assets: $85,547
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DUES
Revenue
$317,535
Organization Details
Founding Year
1964
Phone
(712) 487-3588Principal Officer
Craig Sudmann
Main Address
PO BOX 244, TREYNOR, IA, 51575
NTEE Category
Code: S41 - Community improvement
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