Overview
What is Grand Island Livestock Complex Auth?
The Grand Island Livestock Complex Auth is a Nebraska-based nonprofit corporation with a mission to foster the agricultural and livestock breeding industries. They accomplish this by organizing expositions, public events, and other initiatives that promote horse, cattle, and other livestock breeding industries. Additionally, they contribute to economic growth in Grand Island through tourism, conventions, and attracting visitors by providing educational opportunities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating
The Grand Island Livestock Complex Authority has received a Two-Star rating due to its overall score of 73%. The organization demonstrates strengths in governance and financial accountability, particularly with independent board membership and a strong program expense ratio. These aspects indicate a commitment to proper oversight and the effective use of resources for its programs.
However, there are notable limitations that contribute to the lower rating. The absence of key policies, such as conflict of interest, whistleblower, and document retention policies, raises concerns about governance practices. Additionally, the failure to make tax forms available on the nonprofit's website further diminishes transparency, which is critical for donor trust and accountability.
Overall, while the Grand Island Livestock Complex Authority shows solid commitment in certain areas, the gaps in policy documentation and transparency could undermine its credibility and effectiveness in the eyes of stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Grand Island Livestock Complex Auth legitimate?
Grand Island Livestock Complex Auth is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grand Island Livestock Complex Auth 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
What is the mission statement of Grand Island Livestock Complex Auth?
The Grand Island Livestock Complex Auth is dedicated to the promotion of agriculture and livestock breeding industries. Through holding and conducting expositions and public events, they aim to boost the horse, cattle, and other livestock breeding sectors. Additionally, they encourage economic growth by attracting tourism, conventions, and visitors through educational initiatives. The organization was established to serve the purpose of advocating for and advancing these industries, as well as fostering growth through various means.
Who is the CEO of Grand Island Livestock Complex Auth?
Chris Kotulak is the Treasurer of Grand Island Livestock Complex Auth.
What is the revenue of Grand Island Livestock Complex Auth?
Grand Island Livestock Complex Auth's revenue in 2022 was $320,857.
Who are the executives of Grand Island Livestock Complex Auth and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Grand Island Livestock Complex Auth?
Grand Island Livestock Complex Auth's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Grand Island Livestock Complex Auth
Grand Island Livestock Complex Auth, a prominent organization, is committed to advancing the industries of agriculture and livestock breeding. The corporation takes a multifaceted approach, holding and organizing public events to showcase the horse, cattle, and other livestock breeding industries. These events aim to promote growth and development within these industries.
In addition to industry promotion, Grand Island Livestock Complex Auth also focuses on stimulating economic growth. By attracting tourism, conventions, and visitors, the organization creates opportunities for expansion beyond the realms of agriculture and livestock breeding. Through education, this nonprofit plays a pivotal role in fostering an environment conducive to learning and development within its community.
By hosting expositions and various public events, Grand Island Livestock Complex Auth provides a platform for the horse, cattle, and other livestock breeding industries to thrive. This platform allows for increased exposure, fostering connections and collaborations within the industry. Moreover, by encouraging economic growth through tourism and conventions, the organization helps create a vibrant and prosperous community.
In essence, Grand Island Livestock Complex Auth serves as a catalyst, driving the growth and progress of the agriculture and livestock breeding industries while simultaneously boosting the local economy through education, tourism, and public events.
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Impact
October, 2024
The Grand Island Livestock Complex Authority significantly impacts the agricultural and livestock breeding industries in Grand Island, Nebraska, by promoting these vital sectors through various initiatives and events. By organizing expos and public gatherings focused on horses, cattle, and other livestock, the Complex serves as a central hub for education, networking, and showcasing agricultural innovations.
This focus not only uplifts local farmers and breeders by providing them a platform to connect with potential buyers and collaborators but also fosters a sense of community among those involved in agriculture. Furthermore, the Complex encourages economic growth by attracting tourists and visitors to the region, effectively boosting local businesses and the broader economy. Through its dedication to educational outreach, the Complex ensures that the importance of livestock and agricultural industries is understood and appreciated by a wider audience, thus securing their future viability. Overall, the Grand Island Livestock Complex Authority plays a crucial role in sustaining and enhancing the agricultural landscape in Nebraska.
This information is meant to be a general summary of Grand Island Livestock Complex Auth. 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.
- Program Service Revenue: $297,357
- Gross Receipts: $320,857
Assets and Liabilities:
- Total Assets: $408,586
- Total Liabilities: $0
- Net Assets: $408,586
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT INCOME
Revenue
$297,357
Organization Details
Founding Year
2015
Phone
(308) 382-1685Principal Officer
Chris Kotulak
Main Address
501 E FONNER PARK ROAD, GRAND ISLAND, NE, 68801
NTEE Category
Code: D60 - Animals
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