Overview
What is Livestock Marketing Association?
The Livestock Marketing Association is a nonprofit organization situated in Overland Park, Kansas. Their primary commitment is to safeguard and promote local livestock auction markets, which play a crucial role in the livestock industry by offering producers a fair and competitive price for their livestock through the auction method. Acting as an advocate for auction markets, the association engages in legislative and regulatory issues, ensuring a favorable environment for successful and viable marketing businesses. By providing member services, they aim to enhance the overall experience for livestock producers who sell at auction. The organization employs a team of 43 individuals, working towards their mission.
Official website here: www.lmaweb.com
Is Livestock Marketing Association legitimate?
Livestock Marketing Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Livestock Marketing 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: $5,335,966
For more financial information, click here
Official website here: www.lmaweb.com
What is the mission statement of Livestock Marketing Association?
The Livestock Marketing Association is dedicated to supporting and protecting local livestock auction markets. Auctions play a crucial role in the livestock industry, providing a fair and competitive pricing system for producers. The association serves as the voice for these markets on legislative and regulatory issues, advocating for their interests. Additionally, it provides member services to ensure the success and viability of marketing businesses, thereby offering better service to livestock producers selling at auctions.
Official website here: www.lmaweb.com
Who is the CEO of Livestock Marketing Association?
Mark Mackey is the Secretary An of Livestock Marketing Association.
Official website here: www.lmaweb.com
What is the revenue of Livestock Marketing Association?
Livestock Marketing Association's revenue in 2022 was $11,083,328.
Official website here: www.lmaweb.com
Who are the executives of Livestock Marketing Association and what are their salaries?
The average compensation at Livestock Marketing Association during 2022 was $124,092. There are 43 employees at Livestock Marketing Association.
Here are 10 key members and their salaries:
- Compensation: $1,511,223
- Related: $0
- Other: $27,013
- Compensation: $561,680
- Related: $0
- Other: $27,502
- Compensation: $348,201
- Related: $0
- Other: $27,502
- Compensation: $320,980
- Related: $0
- Other: $25,756
- Compensation: $299,691
- Related: $0
- Other: $27,076
- Compensation: $286,970
- Related: $0
- Other: $23,622
- Compensation: $252,903
- Related: $0
- Other: $23,616
- Compensation: $241,398
- Related: $0
- Other: $22,885
- Compensation: $6,000
- Related: $0
- Other: $0
- Compensation: $6,000
- Related: $0
- Other: $0
Official website here: www.lmaweb.com
Where can I find the form 990 for Livestock Marketing Association?
Livestock Marketing Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lmaweb.com
Learn more at the official website: www.lmaweb.com
Mission Statement of Livestock Marketing Association
Livestock Marketing Association, abbreviated as LMA, is dedicated to upholding and safeguarding the local livestock auction markets. These markets play a crucial role in the livestock industry, serving producers and ensuring a fair and competitive price for their livestock through the auction method of selling. LMA acts as a powerful advocate for the auction markets, engaging in legislative and regulatory issues on their behalf. Furthermore, the association offers member services to maintain successful and viable marketing businesses, ultimately improving the service provided to all livestock producers who sell at auction. In essence, Livestock Marketing Association is committed to supporting and protecting the local livestock auction markets to ensure a thriving livestock industry for producers across the board.
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Impact
October, 2024
The Livestock Marketing Association (LMA) plays a crucial role in supporting local livestock auction markets, which are essential for the livestock industry. By facilitating fair and competitive pricing through the auction method of selling, LMA helps ensure that producers can receive a justified return for their livestock. This organization acts as the primary advocate for auction markets, engaging in legislative and regulatory discussions to protect the interests of these vital marketplaces.
Additionally, LMA provides valuable member services that enable auction markets to operate successfully and sustainably. Through its efforts, LMA enhances the functionality of these markets, which not only benefits auctioneers but also improves outcomes for all livestock producers participating in these sales. By fostering a competitive environment, LMA enhances the overall health and viability of the livestock sector, thus supporting the broader agricultural economy.
This information is meant to be a general summary of Livestock Marketing 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: $2,803,131
- Program Service Revenue: $1,093,758
- Gross Receipts: $11,359,385
Assets and Liabilities:
- Total Assets: $42,410,243
- Total Liabilities: $1,740,007
- Net Assets: $40,670,236
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICE CHARGES
Revenue
$1,093,758
Organization Details
Founding Year
1947
Phone
(816) 891-0502Principal Officer
Mark Mackey
Main Address
11501 OUTLOOK ST STE 250, OVERLAND PARK, KS, 662111811
Website
www.lmaweb.comNTEE Category
Code: K20 - Food
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