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Nonprofit · EIN 61-0705416

AGRICULTURAL & APPLIED ECONOMICS ASSOCIATION

Tax-exempt · MILWAUKEE, WI 53202

Financials

$1.7M$1.6M2023$1.7M$1.8M2024
Revenue Expenses · by fiscal year end
Financials of AGRICULTURAL & APPLIED ECONOMICS ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,708,561$1,750,701-$42,140$8,432,151$199,808$8,232,343
December 31, 2023990$1,680,699$1,642,007$38,692$7,826,612$191,846$7,634,766
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$18,107
Program service revenue
$899,679
Investment income
$327,432
Royalties
$457,128
Other revenue
$463,343

Expenses

Grants and similar amounts paid
$85,308
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$7,401
Accounting fees
$12,275
Travel
$17,928
Program services (functional)
$1,021,369
Management and general (functional)
$729,332

Balance sheet and other

Total assets, start of year
$7,826,612
Total assets, end of year
$8,432,151
Total liabilities, end of year
$199,808
Net assets, end of year
$8,232,343
Publicly traded securities
$8,098,481
Net assets without donor restrictions
$7,946,160
Net assets with donor restrictions
$286,183
Gross unrelated business income
$41,700
Gross receipts
$2,108,561
Employees
0
Volunteers
11
Year formed
1967
State of legal domicile
IA

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 / weekCompensation
TIM BEATTYPRESIDENT
Trustee or director, Officer
2$0
RODOLFO NAYGAPAST-PRESIDENT
Trustee or director, Officer
2$0
BRIAN ROEPRESIDENT-ELECT
Trustee or director, Officer
2$0
AMY ANDODIRECTOR
Trustee or director
1$0
VINCENZINA CAPUTODIRECTOR
Trustee or director
1$0
SARAH LOWDIRECTOR
Trustee or director
1$0
ASHOK MISHRADIRECTOR
Trustee or director
1$0
ANDREW MUHAMMADDIRECTOR
Trustee or director
1$0
TIMOTHY RICHARDSDIRECTOR
Trustee or director
1$0
ASLIHAN SPAULDINGDIRECTOR
Trustee or director
1$0
GLYNN TONSORDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensation
AMY ANDODIRECTOR
Trustee or director
1$5,000
RODOLFO NAYGAPRESIDENT
Trustee or director, Officer
2$1,000
NORBERT WILSONPAST-PRESIDENT
Trustee or director, Officer
2$0
CAROLA GREBITUSDIRECTOR
Trustee or director
1$0
TITUS AWOKUSEDIRECTOR
Trustee or director
1$0
ANDREW MUHAMMADDIRECTOR
Trustee or director
1$0
MADHU KHANNAPAST-PRESIDENT
Trustee or director, Officer
2$0
GLYNN TONSORDIRECTOR
Trustee or director
1$0
ASLIHAN SPAULDINGDIRECTOR
Trustee or director
1$0
TIM BEATTYPRESIDENT-ELECT
Trustee or director, Officer
2$0
VINCENZINA CAPUTODIRECTOR
Trustee or director
1$0
ASHOK MISHRADIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
555 E WELLS ST STE 1100, MILWAUKEE, WI 53202-3800
Principal officer (990 for 2024)
BRIAN ROE, 555 E WELLS STREET 1100, MILWAUKEE, WI 53202
Signed the 990
BRIAN ROE, PRESIDENT
Phone
(414) 918-3190
Return prepared by
RITZ HOLMAN LLP

Mission

THE ASSOCIATION IS A PROFESSIONAL SOCIETY COMMITTED TO FURTHERING KNOWLEDGE ABOUT THE ECONOMICS OF AGRICULTURE, RURAL COMMUNITIES, AND NATURAL RESOURCES.

990 for the year ended December 31, 2024

Program accomplishments

  • ANNUAL MEETING: THE ORGANIZATION'S ANNUAL MEETING INCLUDES VARIOUS EDUCATIONAL SESSIONS ON TOPICS IN AGRICULTURAL ECONOMICS INCLUDING INVITED PAPER SESSIONS, PRE AND POST CONFERENCE WORKSHOPS & POSTER SESSIONS. OTHER EVENTS INCLUDE THE KEYNOTE AND PRESIDENTIAL SPEECHES AS WELL AS AN EMPLOYMENT CENTER.
    Expenses $771,664 · grants $35,932 · revenue $604,538
  • PUBLICATIONS: THE AMERICAN JOURNAL OF AGRICULTURAL ECONCOMICS (AJAE) IS THE LEADING JOURNAL OF AGRICULTURAL ECONOMICS. AJAE PROVIDES A FORUM FOR CREATIVE & SCHOLARLY WORK ON ECONOMICS OF AGRICULTURE AND FOOD, NATURAL RESOURCES AND THE ENVIRONMENT. ANOTHER JOURNAL PRODUCED BY AAEA, THE APPLIED ECONOMIC PERSPECTIVE & POLICY, AIMS TO PRESENT HIGH-QUALITY RESEARCH IN A FORUM THAT IS INFORMATIVE TO A BROAD AUDIENCE, BOTH INSIDE AND OUTSIDE ACADEMIA.
    Expenses $114,250 · revenue $2,425
  • AAEA TRUST: THE TRUST IS FORMED WITHIN THE ASSOCATION FOR THE PURPOSE OF SOLICITING FUNDS AND BUILDING AN ENDOWMENT TO SUPPORT PROGRAMS BEYOND THOSE THAT CAN BE FUNDED THROUGH THE ASSOCIATION'S OPERATING BUDGET.
    Expenses $130,552 · grants $32,000
  • OTHER PROGRAM SERVICE ACTIVITY FOR THE ASSOCIATION INCLUDES THE NEWSLETTER, WEBSITE, OUTREACH, SECTION ACTIVITY, AND OTHER MEETINGS AND CONFERENCES.
    Expenses $4,903 · grants $17,375 · revenue $257,231

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
61-0705416
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1968
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$8,432,151
Income (IRS master file)
$2,108,561

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,708,561$1,750,701$8,432,151IRS
990-TDecember 2024–––IRS
990December 2023$1,680,699$1,642,007$7,826,612XML
990-TDecember 2023–––IRS
990December 2022$1,426,140$1,602,124$6,811,829IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––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 61-0705416).

Questions about AGRICULTURAL & APPLIED ECONOMICS ASSOCIATION

What is the EIN of AGRICULTURAL & APPLIED ECONOMICS ASSOCIATION?
The employer identification number (EIN) of AGRICULTURAL & APPLIED ECONOMICS ASSOCIATION is 61-0705416.
Is AGRICULTURAL & APPLIED ECONOMICS ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1968.
Are donations to AGRICULTURAL & APPLIED ECONOMICS ASSOCIATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does AGRICULTURAL & APPLIED ECONOMICS ASSOCIATION 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 AGRICULTURAL & APPLIED ECONOMICS ASSOCIATION 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 AGRICULTURAL & APPLIED ECONOMICS ASSOCIATION 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 AGRICULTURAL & APPLIED ECONOMICS ASSOCIATION?
The 990 for the year ended December 31, 2024 names BRIAN ROE.
Who are the officers and directors of AGRICULTURAL & APPLIED ECONOMICS ASSOCIATION?
The 990 for the year ended December 31, 2024 lists 11 people; 0 received compensation from the organization.
How much revenue does AGRICULTURAL & APPLIED ECONOMICS ASSOCIATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,708,561, expenses of $1,750,701 and total assets of $8,432,151 at year end.

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