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Nonprofit · EIN 84-1026558

NATIONAL BISON ASSOC

Also known as JIM MATHESON

Tax-exempt · RAPID CITY, SD 57703

Financials

$985K$905K2023$1.3M$1.2M2024$1.2M$1.3M2025
Revenue Expenses · by fiscal year end
Financials of NATIONAL BISON ASSOC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$1,173,399$1,283,673-$110,274$836,985$347,597$489,388
December 31, 2024990$1,271,609$1,230,474$41,135$4,419,256$3,827,181$592,075
December 31, 2023990$984,868$904,637$80,231$4,650,389$4,084,885$565,504
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$720,408
of which government grants
$180,542
Membership dues
$164,610
Program service revenue
$393,977
Investment income
$25,157
Net income from fundraising events
$22,873
Net income from gaming
$7,618
Net income from sales of inventory
$2,431
Other revenue
$33,857

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$176
Compensation of officers, directors and key employees
$153,654
Other salaries and wages
$222,027
Salaries, compensation and benefits (total)
$440,766
Professional fundraising fees
$0
Accounting fees
$35,100
Occupancy
$9,235
Travel
$10,270

Balance sheet and other

Total assets, start of year
$4,419,256
Total assets, end of year
$836,985
Total liabilities, end of year
$347,597
Net assets, end of year
$489,388
Net assets without donor restrictions
$475,689
Net assets with donor restrictions
$13,699
Gross receipts
$1,209,548
Employees
5
Volunteers
12
Year formed
1986
State of legal domicile
CO

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, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
JIM MATHESONEXECUTIVE DI
Officer
40$117,191$25,962
KEN KLEMMPRESIDENT
Trustee or director, Officer
5$2,500$0
JESSI DEARDORFVICE PRESIDE
Trustee or director, Officer
5$1,000$0
CHAD KREMERPAST PRESIDE
Trustee or director, Officer
5$1,000$0
ACE WARDSECRETARY/TR
Trustee or director, Officer
5$1,000$0
SEAN GRAESEDIRECTOR
Trustee or director
5$1,000$0
GARRETT BROWNREGION DIREC
Trustee or director
5$500$0
MELINDA ANAKALEAREGION DIREC
Trustee or director
5$500$0
STUART SCHRAGREGION DIREC
Trustee or director
5$500$0
RON MISKINREGION DIREC
Trustee or director
5$500$0
ELIZABETH RIFFLEREGION DIREC
Trustee or director
5$500$0
DR SUSAN GOLEMBESKIREGION DIREC
Trustee or director
5$500$0
JOHN BOWRON DVMREGION DIREC
Trustee or director
5$500$0
SHAWN BENNETTREGION DIREC
Trustee or director
5$500$0
JUSTIN DOREYINT'L DIRECT
Trustee or director
5$0$0
990 for the year ended December 31, 2024: 16 people
NameTitleHours / weekCompensationOther / benefits
JIM MATHESONEXECUTIVE DI
Officer
40$108,245$23,115
KEN KLEMMPRESIDENT
Trustee or director, Officer
5$3,500$0
JOE GRAHAMVICE PRESIDE
Trustee or director, Officer
5$2,000$0
CHAD KREMERPRESIDENT TO
Trustee or director, Officer
5$2,000$0
JESSI DEARDORFSECRETARY/TR
Trustee or director, Officer
5$1,000$0
SEAN GRAESEDIRECTOR AT
Trustee or director
5$1,000$0
MIMI HILLENBRANDDIRECTOR TO
Trustee or director
5$1,000$0
JUSTIN DOREYINT'L DIRECT
Trustee or director
5$500$0
MARY ADAMSREGION DIREC
Trustee or director
5$500$0
ACE WARDREGION DIREC
Trustee or director
5$500$0
MORITZ ESPYREGION DIREC
Trustee or director
5$500$0
STUART SCHRAGREGION DIREC
Trustee or director
5$500$0
RON MISKINREGION DIREC
Trustee or director
5$500$0
ELIZABETH RIFFLEREGION DIREC
Trustee or director
5$500$0
CARIE STARRREGION DIREC
Trustee or director
5$500$0
ADAM ULBRICHTDIRECTOR TO
Trustee or director
5$500$0
990 for the year ended December 31, 2023: 18 people
NameTitleHours / weekCompensation
Jim MathesonExecutive Dir.
Trustee or director
40$106,989
lydia whitman–30$57,789
Barb Dowdy–25$44,397
Karen Conley–25$26,083
Mimi HillenbrandDirector
Trustee or director
5$0
Stuart SchragDirector
Trustee or director
5$0
Ken KlemmVice President
Trustee or director, Officer
20$0
Boyd MeyerDirector
Trustee or director
5$0
Chad KremerPresident
Trustee or director, Officer
30$0
Elizabeth RiffleDirector
Trustee or director
5$0
Mortiz EpsyDirector
Trustee or director
5$0
Adam UlbrichtDirector
Trustee or director
5$0
Robert JohnsonDirector
Trustee or director
5$0
Mary AdamsDirector
Trustee or director
5$0
Campbell BurgessDirector
Trustee or director
5$0
Carrie StarrDirector
Trustee or director
5$0
Donnis BaggettPast President
Officer
20$0
Joe GrahamSecretary
Officer
20$0

Address and contacts

Address (IRS master file)
711 N CREEK DR, RAPID CITY, SD 57703-2220
Principal officer (990 for 2025)
JIM MATHESON, 711 N CREEK DRIVE, RAPID CITY, SD 57703
Signed the 990
JIM MATHESON, EXECUTIVE DIRECTOR
Phone
(303) 292-2833
Return prepared by
KETEL THORSTENSON LLP

Mission

TO BRING TOGETHER STAKEHOLDERS TO CELEBRATE THE HERITAGE OF AMERICAN BISON/BUFFALO, TO EDUCATE, AND TO CREATE A SUSTAINABLE FUTURE FOR OUR INDUSTRY.

990 for the year ended December 31, 2025

Program accomplishments

  • CONVENTIONS: PROVIDE EDUCATION AND TRAINING TO BOTH MEMBERS AND NON-MEMBERS REGARDING BREEDING, RAISING, AND MARKETING BISON.
  • NATIONAL WESTERN STOCK SHOW EXHIBITION: EXHIBIT OF BISON AND EDUCATIONAL INFORMATION TO INFORM THE PUBLIC AND MEMBERS ABOUT THE BISON INDUSTRY AND BISON GENETICS.
  • PUBLIC EDUCATION/PROMOTIONAL MATERIAL/RESEARCH/CHECKOFF: COMPILE INFORMATION AND PROMOTIONAL MATERIAL ABOUT BISON, PROMOTE PUBLIC AWARENESS, PROVIDE BISON SOURCE VERIFICATION, AND DISSEMINATE INFORMATION.

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
84-1026558
Tax-exempt status
501(c)(5): Labor, agricultural or horticultural organization
Donations deductible
No
Exempt since
1991
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$836,985
Income (IRS master file)
$1,209,548

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$1,173,399$1,283,673$836,985IRS
990December 2024$1,271,609$1,230,474$4,419,256IRS
990December 2023$984,868$904,637$4,650,389XML
990December 2022$625,704$604,773$864,564IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––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 84-1026558).

Questions about NATIONAL BISON ASSOC

What is the EIN of NATIONAL BISON ASSOC?
The employer identification number (EIN) of NATIONAL BISON ASSOC is 84-1026558.
Is NATIONAL BISON ASSOC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(5) since 1991.
Are donations to NATIONAL BISON ASSOC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does NATIONAL BISON 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 NATIONAL BISON ASSOC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NATIONAL BISON ASSOC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of NATIONAL BISON ASSOC?
The 990 for the year ended December 31, 2025 names JIM MATHESON.
Who are the officers and directors of NATIONAL BISON ASSOC?
The 990 for the year ended December 31, 2025 lists 15 people; 14 received compensation from the organization, the highest $117,191 (JIM MATHESON, EXECUTIVE DI).
How much revenue does NATIONAL BISON ASSOC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $1,173,399, expenses of $1,283,673 and total assets of $836,985 at year end.

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