Cooperative Network FY2021 filing

Not tax-deductible

Madison, WI501(c)(6)EIN 39-1128018

The largest statewide association of its kind, cooperative network is committed to building wisconsin's and minnesota's cooperative businesses. Cooperative network serves more than 400 member-cooperatives by providing government relations, education, marketing, and technical services for a wide variety of cooperatives including farm supply, health, dairy marketing, consumer, financial, livestock marketing, telecommunications, housing, insurance, worker-owned cooperatives, and more.

$231K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $226K a year · 21% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Pay to officers and key staff
$231K
to officers and key staff · 24% of spending
Worth a look: pay to officers and key staff is 24% of spending; over 20%.
Pt VII · Sec A
Cash reserves
15 mo
of spending, in cash
Looks good: 15.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $27K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$846K
48% of total assets
Looks good: liabilities are 48% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.1M
-16% vs prior year
Spent
$944K
Net assets
$923K
By yearFY2020–FY2025
Revenue
$1.1M
FY2021▼ -16%
Revenue by fiscal year
FY2020$1.3M
FY2021$1.1M
FY2022$1.1M
FY2023$886K
FY2024$1.7M
FY2025$507K
Expenses
$944K
FY2021▼ -26%
Expenses by fiscal year
FY2020$1.3M
FY2021$944K
FY2022$870K
FY2023$826K
FY2024$693K
FY2025$560K
Net assets
$923K
FY2021▲ +16%
Net assets by fiscal year
FY2020$793K
FY2021$923K
FY2022$1.1M
FY2023$1.2M
FY2024$2.3M
FY2025$2.2M

From the FY2021 Form 990 (year ending August 2021) · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 1970.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

11 people listed on the 990; $231K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
President and CEO
$137,610Pt VII · Sec A
VP of Administration
$93,112Pt VII · Sec A
Treasurer/Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Daniel Smith$149,161$167,589$158,644$149,165$137,610$146,103
Dawn Bausch$112,896$109,417$105,208$100,369$93,112$98,160
James Kinzie—————$350
William Zuhlke—————$300
Brent Imker—————$300
Sadie Frericks—————$300
Michele Steien—————$200
Richard Nesvold—————$200

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Builds and supports cooperative businesses through government relations, education, marketing, and technical services.

Provided by the organization

This section is blank until Cooperative Network claims this page.

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1 program service, described in the organization's own filed words · FY2020.
01

Cooperative network served as the voice of cooperatives from multiple business sectors throughout wisconsin and minnesota via government affairs, education and development, and public advocacy.

Pt IX · col B

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$27K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$1.1M
Ln 12
Fees for servicesLn 2g$945K
Gifts and grantsLn 1h$105K
Investment incomeLn 3$18K
Money outPt IX
$944K
Ln 25
Owns and owesPt X
$923K
net assets · Ln 32
Cash and savingsLn 1–2$1.2M
Total assetsLn 16$1.8M
LiabilitiesLn 26$846K
PeoplePt VI, VII
11
listed · VII A
PaidVII A2
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$105K
Government grantsLn 1e$105K
Fees for servicesLn 2g$945K
Investment incomeLn 3$18K
Other incomeLn 4–11$615
Total revenueLn 12$1.1M
Assets in detailPt X, end of year
CashLn 1$202K
SavingsLn 2$994K
Cash and savings togetherLn 1–2$1.2M
InvestmentsLn 11–13$214K
Land, buildings, equipmentLn 10c$30K
Other assetsLn 15$134K
Total assetsLn 16$1.8M
LiabilitiesLn 26$846K
Net assetsLn 32$923K
OperationsPt I, VI
EmployeesI 58
VolunteersI 617
Fiscal year endsHeaderAugust
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$1.1M$1.2M
InvestmentsLn 11–13$209K$214K
Land, buildings, equipmentLn 10c$23K$30K
Total assetsLn 16$1.8M$1.8M
LiabilitiesLn 26$965K$846K
Net assetsLn 32$793K$923K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$253K
Other salaries and wagesLn 7$240K
Pension plan contributionsLn 8$101K
Other employee benefitsLn 9$53K
Payroll taxesLn 10$37K
Legal feesLn 11b$7K
Accounting feesLn 11c$48K
Other fees for servicesLn 11g$152
Advertising and promotionLn 12$2K
Office expensesLn 13$28K
Information technologyLn 14$20K
OccupancyLn 16$94K
TravelLn 17$3K
Conferences, conventions and meetingsLn 19$6K
InterestLn 20$11K
Depreciation, depletion and amortizationLn 22$8K
InsuranceLn 23$20K
Other expenses (24a–d)Ln 24$15K
Total functional expensesLn 25$944K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $507K$560K−$53K$2.2M 990 PDF
FY2024 $1.7M$693K$1.0M$2.3M 990 PDF
FY2023 $886K$826K$60K$1.2M 990 PDF
FY2022 $1.1M$870K$226K$1.1M 990 PDF
FY2021 Viewing $1.1M$944K$125K$923K 990 PDF
FY2020 $1.3M$1.3M−$12K$793K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (4 parts)
Part VIII · Statement of revenue $1,068,466 across 5 lines filed
Lines not itemized here account for $615 of total revenue; see the IRS return.
VIII-1e Government grants$105,000
VIII-1h Total contributions, gifts and grants$105,000
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $944,523$944,523
VIII-3 Investment incomeExcluded from tax $18,328$18,328
VIII-12 Total revenueRelated to mission $944,523 · Unrelated business $0 · Excluded from tax $18,943$1,068,466
Part IX · Statement of functional expenses $943,865 across 18 lines filed
IX-5 Pay of current officers, directors and key staff$252,535
IX-7 Other salaries and wages$239,781
IX-8 Pension plan contributions$100,571
IX-9 Other employee benefits$52,787
IX-10 Payroll taxes$36,947
IX-11b Legal fees$6,568
IX-11c Accounting fees$47,659
IX-11g Other fees for services$152
IX-12 Advertising and promotion$2,026
IX-13 Office expenses$27,881
IX-14 Information technology$20,028
IX-16 Occupancy$93,563
IX-17 Travel$3,043
IX-19 Conferences, conventions and meetings$5,749
IX-20 Interest$10,705
IX-22 Depreciation, depletion and amortization$8,023
IX-23 Insurance$20,488
IX-24 Other expenses (24a–d)$15,359
IX-25 Total functional expenses$943,865
Part X · Balance sheet $1,768,643 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $487,001$201,721
X-2 Savings and temporary cash investmentsStart of year $637,684$993,778
X-4 Accounts receivableStart of year $140,911$184,825
X-9 Prepaid expenses and deferred chargesStart of year $28,426$10,170
X-10c Land, buildings and equipment, netStart of year $22,624$30,105
X-11 Publicly traded securitiesStart of year $157,365$162,745
X-12 Other securitiesStart of year $36,000$36,000
X-13 Program-related investmentsStart of year $15,267$15,514
X-15 Other assetsStart of year $233,037$133,785
X-16 Total assetsStart of year $1,758,315$1,768,643
X-17 Accounts payable and accrued expensesStart of year $94,521$23,662
X-19 Deferred revenueStart of year $609,631$425,006
X-25 Other liabilitiesStart of year $0$135,831
X-26 Total liabilitiesStart of year $965,360$845,707
X-27 Net assets without donor restrictionsStart of year $792,955$922,936
X-32 Total net assets or fund balancesStart of year $792,955$922,936
X-33 Total liabilities and net assetsStart of year $1,758,315$1,768,643
Part XI · Reconciliation of net assets $922,936 net assets at year end
XI-1 Total revenue$1,068,466
XI-2 Total expenses$943,865
XI-3 Revenue less expenses$124,601
XI-4 Net assets at start of year$792,955
XI-5 Net unrealized gains (losses) on investments$5,380
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$922,936

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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