Overview
What is Producers Credit Corporation?
Producers Credit Corporation is a nonprofit organization situated in Columbus, Ohio, specifically at 8351 N High Street Suite 250. Its primary mission is to provide financial assistance to its members, primarily for livestock purchases, farm real estate, agricultural machinery, and operating expenses. This organization is an exempt entity, collaborating with an exempt Section 521 agricultural cooperative, to support the livestock operations of its members. They offer loans, serving as a crucial resource for their agricultural members.
Is Producers Credit Corporation legitimate?
Producers Credit Corporation is a legitimate nonprofit organization registered as a 501(c)(16) entity. Producers Credit Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $496,009
Professional Fundraising Fees: $0
Other Salaries and Wages: $373,216
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What is the mission statement of Producers Credit Corporation?
Producers Credit Corporation serves as an exempt organization, dedicated to providing financial assistance for the livestock operations of members associated with an exempt Section 521 agricultural cooperative. Its primary mission is to extend loans to its members, mainly for livestock purchases, farm real estate, farm machinery and equipment, and farm operating expenses. By offering these financial services, Producers Credit Corporation aims to support and strengthen the livestock industry within its cooperative network.
Who is the CEO of Producers Credit Corporation?
Bradley Warner is the Director of Producers Credit Corporation. The CEO's salary of Producers Credit Corporation is $0 and their total compensation is $373,716.
What is the revenue of Producers Credit Corporation?
Producers Credit Corporation's revenue in 2022 was $3,196,750.
Who are the executives of Producers Credit Corporation and what are their salaries?
Here are 10 key members and their salaries (Producers Credit Corporation's CEO's salary is $0 and their total compensation is $373,716):
- Compensation: $0
- Related: $2,750
- Other: $0
- Compensation: $0
- Related: $5,500
- Other: $0
- Compensation: $0
- Related: $3,500
- Other: $0
- Compensation: $0
- Related: $7,500
- Other: $0
- Compensation: $0
- Related: $4,500
- Other: $0
- Compensation: $0
- Related: $358,479
- Other: $15,237
- Compensation: $193,447
- Related: $0
- Other: $17,150
- Compensation: $0
- Related: $178,141
- Other: $22,042
- Compensation: $116,399
- Related: $0
- Other: $3,838
- Compensation: $131,529
- Related: $0
- Other: $29,878
Where can I find the form 990 for Producers Credit Corporation?
Producers Credit Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Producers Credit Corporation
Producers Credit Corporation, an exempt organization, is dedicated to financially supporting the livestock operations of its members who are part of an exempt Section 521 agricultural cooperative. Its mission involves providing loans primarily for livestock purchases, farm real estate, farm machinery and equipment, and farm operating expenses. In essence, this nonprofit organization serves as a financial resource, aiding its members in managing and growing their livestock operations.
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Impact
October, 2024
Producers Credit Corporation significantly impacts the agricultural sector by providing essential financing solutions tailored for livestock operations. Located in Columbus, Ohio, it extends loans to its members primarily for livestock purchases, farm real estate, farm machinery and equipment, and operational expenses associated with farming. This financial support enables farmers to invest in their businesses, thereby enhancing productivity and sustainability within the agricultural community. By facilitating access to capital, Producers Credit Corporation plays a crucial role in strengthening the livelihoods of its members and promoting the overall health of the agricultural economy.
This information is meant to be a general summary of Producers Credit Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $59,226
- Program Service Revenue: $3,137,524
- Gross Receipts: $3,196,750
Assets and Liabilities:
- Total Assets: $16,175,239
- Total Liabilities: $2,869,659
- Net Assets: $13,305,580
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICE REVENUE
Revenue
$3,137,524
Organization Details
Founding Year
1932
Phone
(614) 433-2150Principal Officer
Bradley Warner
Main Address
8351 N HIGH STREET SUITE 250, COLUMBUS, OH, 43235
NTEE Category
Code: K30 - Food
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