2019-11-11T09:14:00-08:00 2018-12-31 390919055 Ritz Holman LLP 330 E Kilbourn Ste 550 Milwaukee WI 532023144 990 2018-01-01 610705416 AGRICULTURAL & APPLIED ECONOMICS ASSOCIATION AGRI 4149183190 555 E WELLS STREET MILWAUKEE WI 53202 DAVID ZILBERMAN President 2019-11-11 true KATY L SOMMER P00273273 4142711451 2018 2020-03-31 21:24:44Z DAVID ZILBERMAN 555 E WELLS STREET STE 1100 MILWAUKEE WI 53202 1451991 false false X WWW.AAEA.ORG X 1967 IA The Association is a professional society committed to furthering knowledge about the economics of agriculture, rural communities, and natural resources. 9 9 0 42700 35439 142877 11126 1148924 1196051 278623 244814 0 1570424 1451991 65150 111326 0 0 0 0 1359388 1272466 1424538 1383792 145886 68199 6216008 5747412 228197 248402 5987811 5499010 X The Association is a professional society committed to furthering knowledge about the economics of agriculture, rural communities, and natural resources. false false 564334 7500 565155 ANNUAL MEETING: THE ORGANIZATIONS ANNUAL MEETING INCLUDES VARIOUS EDUCATIONALSESSIONS ON TOPICS IN AGRICULTURAL ECONOMICS INCLUDING INVITED PAPER SESSIONS, PREAND POST CONFERENCE WORKSHOPS & POSTER SESSIONS. OTHER EVENTS INCLUDE THE KEYNOTEAND PRESIDENTIAL SPEECHES AS WELL AS AN EMPLOYMENT CENTER. 432423 16452 369607 OTHER PROGRAM SERVICE ACTIVITY FOR THE ASSOCIATION INCLUDES THE NEWSLETTER, WEBSITE, OUTREACH, SECTION ACTIVITY, AND OTHER MEETINGS AND CONFERENCES. 125947 87374 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. 51330 102814 1174034 true false false false false false false false false true false false false false true true true false false false false false true false false false false true true false false false false false false false false false false false false false false false false false false false false false true 26 0 true 0 false true true false false false false false false 0 false false false false false false false false false false false false X 9 9 false true false false true true true true true false false true true true true true true true true false WI X Executive Director Inc 4142766445 555 E WELLS ST STE 1100 MILWAUKEE WI 53202 X DAVID ZILBERMAN President 2.00 0.00 X X 0 0 0 Madhu Khanna Director 1.00 0.00 X 0 0 0 Jeffrey H Dorfman Director 1.00 0.00 X 0 0 0 KEITH COBLE President Elect 2.00 0.00 X X 0 0 0 SCOTT M SWINTON Past President 2.00 0.00 X X 0 0 0 Kathy Baylis Director 1.00 0.00 X 0 0 0 MARC BELLEMARE Director 1.00 0.00 X 0 0 0 Norber Wilson Director 1.00 0.00 X 0 0 0 RODOLFO NAYGA Director 1.00 0.00 X 0 0 0 0 false false false Executive Director Inc 555 E WELLS ST STE 1100 Milwaukee WI 53202 Management 583379 1 11126 11126 annual meeting 900099 565155 565155 Membership Dues & Etc. 900099 158475 158475 OUP Royalties 900099 275000 275000 publications 900099 102814 102814 sections income 900099 49710 49710 44897 2197 42700 1196051 244814 244814 0 0 0 0 0 0 0 0 1451991 1153351 42700 244814 67000 67000 26112 26112 18214 18214 0 0 0 0 0 0 0 583379 497872 85507 4107 4107 9750 9750 0 0 18425 18425 9309 9309 0 43131 20418 22713 33947 32893 1054 0 0 12119 9933 2186 0 293135 282035 11100 0 0 0 16722 1416 15306 JOURNAL EXPENSES 74269 74269 Government Relations 61950 61950 SECTIONS EXPENSE 35235 35235 communication 26505 71 26434 50483 37307 13176 1383792 1174034 209758 0 39164 33155 260890 127746 0 7044 6048 0 0 0 0 27780 30812 0 5881130 5549651 0 0 0 0 6216008 5747412 6226 34749 81730 83245 140241 130408 228197 248402 X 5748414 5273352 239397 225658 5987811 5499010 6216008 5747412 68199 -557000 X false true X true false X 256931 206576 171944 191323 169601 996375 943064 934101 1014078 953077 994876 4839196 0 0 0 1199995 1140677 1186022 1144400 1164477 5835571 50756 50756 0 50756 50756 5784815 188939 183910 146939 250922 244814 1015524 0 188939 183910 146939 250922 244814 1015524 39646 35366 37246 43400 42700 198358 513 1131 477 2121 1429093 1361084 1370684 1438722 1451991 7051574 0.82040 0.80800 0.14400 0.13410 X 194664 -29006 165658 161715 32949 194664 128981 7000 25734 161715 131474 -2493 128981 115532 15942 131474 1.00000 false false false Deferred USDA ERS Grant 123786 Due To WAEA 250 dues collected for other associations 4630 Tax Liabilities 1742 130408 X 876566 -557000 -557000 1433566 18425 18425 1451991 1365367 1365367 18425 18425 1383792 Part X : FIN48 Footnote The Association is exempt from income tax under Section 501(c)(3) of the Internal Revenue Code and is classified as other than a private foundation. However, income from certain activities, primarily employment service income, is not directly related to the Associations tax-exempt purpose and is subject to taxation as unrelated business income. As of December 31, 2018, the Association had a tax liability of $1,742 for estimated payments in excess of actual unrelated business income tax (UBIT). Estimated tax payments and prior year overpayments applied to 2018 tax totaled $8,740. The total unrelated business income tax expense for the year ended was $10,482.Management has reviewed all tax positions recognized in previously filed tax returns in the U.S. federal and state jurisdictions and those expected to be taken in future tax returns. As of December 31, 2018, the Association had no amounts related to unrecognized income tax benefits and no amounts related to accrued interest and penalties. The Association does not anticipate any significant changes to unrecognized income tax benefits over the next year. The Association is currently not under audit by any federal or state taxing authority. true AARES EXCHANGE PROGRAM EAST ASIA & PACIFIC 1 1500 WIRE FMV AFRICA INTEREST SECTION AWARD SOUTH ASIA 1 2714 WIRE FMV ANNUAL MEETING AWARD EUROPE 1 1000 WIRE FMV GRADUATE STUDENT TRAVEL AWARD EAST ASIA & PACIFIC 3 3000 WIRE FMV GRADUATE STUDENT TRAVEL AWARD EUROPE 1 1000 WIRE FMV GRADUATE STUDENT TRAVEL AWARD SOUTH ASIA 3 3000 WIRE FMV GRADUATE STUDENT TRAVEL AWARD SUB-SAHARAN AFRICA 1 1000 WIRE FMV UMA LELE MENTORSHIP AWARD SOUTH ASIA 1 5000 WIRE FMV false false false false false false true Council on Food Agr & Resource Econ 555 E Wells Street Suite 1100 Milwaukee WI 53202 363929032 501(c)(3) 40000 0 FMV Annual Support Internation Asso of Agri Econ 555 E Wells St 1100 Milwaukee WI 53202 461363452 501(c)(3) 20000 0 FMV Conference Support UNIVERSITY OF MN FOUND 83 MAGRATH LIBRARY ST PAUL MN 55108 416007513 501(c)(3) 7000 0 FMV AgEcon Search Support 3 0 McCorkle Scholarship 1 2000 FMV Sylvia Lane Mentorship 1 2500 FMV GRANO FELLOWSHIP AWARD 2 2500 FMV AARES Exchange Program 1 1160 FMV Graduate Student Travel Awards 21 9852 FMV Annual Meeting Award 2 1500 FMV Interest Sections Award 27 6600 FMV Additional Supplemental Information AAEA has an Awards Committee that is responsible for encouraging award nominations, choosing the winners of all AAEA awards except the AAEA Fellows, and for managing the awards program. The chair and the subcommittee chairs also are responsible for making policy recommendations to the Executive Board concerning AAEA awards. Recommendation topics include the number and delineation of award categories, development of appropriate evaluation criteria, methods to encourage nominations, appropriate recognition of award recipients, and the awards program format. Form 990, Part III, Line 4d: Other Program Services Description OTHER PROGRAM SERVICES 4: OTHER PROGRAM SERVICE ACTIVITY FOR THE ASSOCIATION INCLUDES THE NEWSLETTER, WEBSITE, OUTREACH, SECTION ACTIVITY, AND OTHER MEETINGS AND CONFERENCES. Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company AAEA contracts with Executive Director Inc. (A for-profit Management Company) to provide office facilities, management, record keeping, accounting, storage, other significant services, plus related overhead costs. Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder The organization has members. Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body Members elect the board of directors. Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders All bylaw changes have to be approved by the membership. Form 990, Part VI, Line 11b: Form 990 Review Process After the Form 990 is completed, it is made available to the entire Board of Directors and reviewed in depth by the Finance/Audit Committee of the Organization. After a recommendation to the Board by this committee, an Officer of the Organization signs the 990 before it is filed. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts AAEA's officers, board members, & committee members are required annually to disclose any potential conflicts of interest. AAEA's governing board has final say as to determining corrective measures for such conflicts. Corrective measures at the very minimum include disclosure to the governing body, but also may include recusal or resignation from assigned duties. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management AAEA is managed by Executive Director Inc. (a for-profit management company). AAEA has no official employees, because all staff assigned to AAEA are employees of the management company. AAEA also does not compensate Directors or other top officials. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees AAEA is managed by Executive Director Inc. (a for-profit management company). AAEA has no official employees, because all staff assigned to AAEA are employees of the management company. AAEA also does not compensate Directors or other top officials. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available AAEA's 990 & 990-T are available to the public upon request. AAEA's policies are either posted on the website and those that are not posted are available upon request.