Cooperative Network FY2022 filing

Madison, WI · Business league / trade association

! Not tax-deductible Latest data FY2022
Revenue
$1.1M
▲ +3% vs prior year
Spent
$870K
Net assets
$1.1M
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Form 990 for the fiscal year ending August 2022 (IRS tax year 2021).

Status and standing

Tax-deductible?
No
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Foundation funders?
1 funder — National Rural Utilities Cooperative Finance Corp
$27K in the latest grant year.
Spent on programs?
Not on file
Size and trend
$100K–1M
↑ +3% vs prior year
Legal name (IRS)Hdr · item CCooperative Network
EINHdr · item D39-1128018
Exempt statusHdr · item I501(c)(6) · active
Ruling yearIRS BMFJun 1970
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CMadison, WI
NTEE classificationIRS BMFNonprofit
WebsiteHdr · item Jwww.cooperativenetwork.coop

Financial health

Revenue & expenses by yearFY2020–FY2025
Revenue
$1.1M
FY2022▲ +3%
Expenses
$870K
FY2022▼ -8%
Operating surplus
+21%
revenue over expenses
Earned revenue
83%
of revenue from program services & dues
Payroll share
78%
of spending is salaries & benefits

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Total assets
$1.6M
FY2022▼ -10%
Total liabilities
$447K
FY2022▼ -47%
Revenue less expensesPt I · Ln 19$226K
Total assetsPt X · Ln 16$1.6M
Program-expense ratioPt IX · col B—
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49

Balance Sheet

Part X · end of year
CashLn 1$1.2M
Total assetsLn 16$1.6M
Total liabilitiesLn 26$447K
Total net assetsLn 32$1.1M
Months of cash on handcomputed16.6

Statement of Revenue

Part VIII
Program service revenue$908K · 83%
Contributions & grants$171K · 16%
Investment income$15K · 1%
Program service revenue83%$908K
Contributions & grants16%$171K
Investment income1%$15K
Other revenue$2K
— government grantsLn 1e$171K
Total revenueLn 12$1.1M

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.4M · Operating expenses/yr $870K
19.3 months
Where the money goes
Program services
Program services — · Total expenses $870K
—
Management & General
Management & general — · Total expenses $870K
—
Fundraising
Fundraising — · Total expenses $870K
—
Cost to raise $1
Fundraising expense — · Solicited contributions —
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $171K · Total revenue $1.1M
16%
Government reliance
Government grants $171K · Total revenue $1.1M
16%
Earned-income share
Program service revenue $908K · Total revenue $1.1M
83%
Investment reliance
Investment income $15K · Total revenue $1.1M
+1%
Program self-sufficiency
Program service revenue $908K · Total expenses $870K
104%
Growth & trend
Revenue growth (YoY)
This year $1.1M · Prior year $1.1M
+3%
Net-asset trend (YoY)
End of year $1.1M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.1M · Expenses $870K
+21%
Liabilities-to-Assets
Total liabilities — · Total assets $1.6M
—
Net-asset ratio
Net assets $1.1M · Total assets $1.6M
72%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $163K · Other securities (Pt X, ln 12) $36K · Total assets (Pt X, ln 16) $1.6M
13%
People & payroll
Highest Reported Total Compensation
Individual Daniel Smith · Reported title PRESIDENT AND CEO · Highest reported compensation $149K · Total expenses $870K
17%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $677K · Total expenses $870K
78%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Fundraising cost ratio 0%——
Revenue growth 3%——
Legal fee ratio 0.1%——
Accounting fee ratio 5%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
President and CEO
$149,165Pt VII · Sec A
VP of Administration
$100,369Pt VII · Sec A
Treasurer/Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$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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Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Mission and programs

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

Provided by the organization

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Mission & Programs · Part III

Where the work happens

1 program service, described in the organization's own filed words · FY2021.
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

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

Filing history

YearRevenueExpensesChangeFiling
FY2025 Latest $507K$560K-70% 990 PDF
FY2024 $1.7M$693K+92% 990 PDF
FY2023 $886K$826K-19% 990 PDF
FY2022 Viewing $1.1M$870K+3% 990 PDF
FY2021 $1.1M$944K-16% 990 PDF
FY2020 $1.3M$1.3M 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

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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