Minnesota Grain and Feed Association


Minnesota Grain and Feed Association

Formerly (1907) as Farmers Elevator Association of Minnesota, merged with Northwest Agri-Dealers Association in 2004. MGFA works to serve the agribusiness industry with integrity, respect and innovation in its programs and services. Membership Fee: $435-$895 (dues based on bushel storage capacity); $525 (Non elevator).

Organization Type:
State or Regional Association
Acronym:
MGFA
Tax Exempt Status:
501(c)(6)
Industry:
Agriculture/Agronomy, Governments (Local/State/Federal/Foreign), Agriculture, Feed & Grain, State
Year Founded:
1907
Address:
1407 1st St NE
New Prague, MN 56071-2220
Telephone:
Fax:
Website:
Staff:
8
Members:
400 companies


Other Addresses

Address:
3470 Washington Dr.
Suite 200, Eagan MN 55122
Telephone:
Fax:
Website:


Financial Snapshot

 

Total revenues: $464,791


Year - 2024
1st-yr growth
4.43%
 
 
 
 
 
Year by Year
Revenue
 
MEMBERSHIP FEES
 
INSURANCE PROGRAMS
 
Net gain or (loss)
 
Other

Total expenses: $436,723


Year - 2024
1st-yr growth
0.67%
 
 
 
 
 
Year by Year
Expenses
 
Compensation of current officers, directors, etc
 
Other expenses
 
Compensation for non-officers/directors
 
Other

Total assets: $717,448


Year - 2024
1st-yr growth
-0.51%
 
 
 
 
 
Year by Year
Assets
 
Investments in publicly traded securities
 
Cash -- non-interest bearing
 
Savings and temporary cash investments
 
Other

Total Liabilities: $126,084


Year - 2024
1st-yr growth
-81.31%
 
 
 
 
 
Year by Year
Liabilities
 
Unsecured mortgages and notes payable
 
Deferred revenue
 
Accounts payable and accrued expenses
 
Other


 
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