Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 31-4440318

PRODUCERS LIVESTOCK CREDIT ASSOC

Tax-exempt · COLUMBUS, OH 43235

Financials

$3.3M$1.7M2023$4.1M$1.9M2024
Revenue Expenses · by fiscal year end
Financials of PRODUCERS LIVESTOCK CREDIT ASSOC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$4,055,209$1,883,403$2,171,806$20,619,013$3,611,795$17,007,218
December 31, 2023990$3,272,285$1,742,453$1,529,832$17,702,488$2,867,076$14,835,412
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$3,795,406
Investment income
$259,803
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$534,111
Other salaries and wages
$450,856
Salaries, compensation and benefits (total)
$1,136,039
Professional fundraising fees
$0
Legal fees
$1,053
Travel
$51,346
Depreciation
$7,417

Balance sheet and other

Total assets, start of year
$17,702,488
Total assets, end of year
$20,619,013
Total liabilities, end of year
$3,611,795
Net assets, end of year
$17,007,218
Land, buildings and equipment
$7,035
Publicly traded securities
$21,988
Gross receipts
$4,055,209
Employees
0
Volunteers
0
Year formed
1932
State of legal domicile
OH

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
MICHAEL BUMGARNERPRESIDENT & CEO
Officer
6$0$436,800$27,425
BRAD WARNERCFO
Officer
3$0$218,261$27,794
ROBERT SIEGELVP CREDIT SERVICES (PART-YEAR)
Officer
40$199,814$0$16,702
BRIAN FRACKEREMPLOYEE
Highest-paid employee
40$128,169$0$29,336
JOHN KINGEMPLOYEE
Highest-paid employee
40$123,276$0$5,165
HOLLIE BUNNVP CREDIT SERVICES (PART-YEAR)
Officer
40$29,626$0$2,023
GROVER CRAWFORDVICE CHAIRMAN
Trustee or director
1$0$13,250$0
TIM RUGGLESCHAIRMAN
Trustee or director
1$0$7,000$0
DENNIS CORCORANDIRECTOR
Trustee or director
1$0$5,750$0
TIM LENZDIRECTOR
Trustee or director
1$0$5,500$0
FRED BERGEDIRECTOR
Trustee or director
1$0$4,500$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
MICHAEL BUMGARNERPRESIDENT & CEO
Officer
6$0$419,319$26,908
ROBERT SIEGELVP CREDIT SERVICES
Officer
40$218,941$0$20,447
BRAD WARNERVP FINANCE & ACCTG
Officer
3$0$205,233$25,842
BRIAN FRACKEREMPLOYEE
Highest-paid employee
40$129,083$0$26,982
JOHN KINGEMPLOYEE
Highest-paid employee
40$121,581$0$5,095
GROVER CRAWFORDDIRECTOR
Trustee or director
1$0$10,250$0
TIM RUGGLESDIRECTOR
Trustee or director
1$0$7,500$0
DENNIS CORCORANDIRECTOR
Trustee or director
1$0$7,250$0
FRED BERGEDIRECTOR
Trustee or director
1$0$4,500$0
PHILIP TORRENSDIRECTOR (PART-YEAR)
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
8351 N HIGH ST STE 250, COLUMBUS, OH 43235-1440
In care of
% JOE WERSTAK
Principal officer (990 for 2024)
BRADLEY WARNER, 8351 N HIGH STREET SUITE 250, COLUMBUS, OH 43235
Signed the 990
BRADLEY WARNER, CFO
Phone
(614) 433-2150
Return prepared by
BLUE & CO LLC

Mission

EXEMPT ORGANIZATION TO FINANCE THE LIVESTOCK OPERATIONS OF MEMBERS OF AN EXEMPT SECTION 521 AGRICULTURAL COOPERATIVE.

990 for the year ended December 31, 2024

Program accomplishments

  • LOANS TO MEMBERS TO FINANCE PRINCIPALLY LIVESTOCK PURCHASES, FARM REAL ESTATE, FARM MACHINERY AND EQUIPMENT, AND FARM OPERATING EXPENSES.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
31-4440318
Tax-exempt status
501(c)(16): Crop financing corporation
Donations deductible
No
Exempt since
1950
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$20,619,013
Income (IRS master file)
$4,055,209

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$4,055,209$1,883,403$20,619,013IRS
990December 2023$3,272,285$1,742,453$17,702,488XML
990December 2022$3,196,750$1,614,468$16,175,239IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 31-4440318).

Questions about PRODUCERS LIVESTOCK CREDIT ASSOC

What is the EIN of PRODUCERS LIVESTOCK CREDIT ASSOC?
The employer identification number (EIN) of PRODUCERS LIVESTOCK CREDIT ASSOC is 31-4440318.
Is PRODUCERS LIVESTOCK CREDIT ASSOC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(16) since 1950.
Are donations to PRODUCERS LIVESTOCK CREDIT ASSOC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does PRODUCERS LIVESTOCK CREDIT ASSOC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of PRODUCERS LIVESTOCK CREDIT ASSOC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PRODUCERS LIVESTOCK CREDIT ASSOC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of PRODUCERS LIVESTOCK CREDIT ASSOC?
The 990 for the year ended December 31, 2024 names BRADLEY WARNER.
Who are the officers and directors of PRODUCERS LIVESTOCK CREDIT ASSOC?
The 990 for the year ended December 31, 2024 lists 11 people; 4 received compensation from the organization.
How much revenue does PRODUCERS LIVESTOCK CREDIT ASSOC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $4,055,209, expenses of $1,883,403 and total assets of $20,619,013 at year end.

Other nonprofits in COLUMBUS

All nonprofits in COLUMBUS · Ohio