Overview
What is Grain Elevator And Processing Society?
The Grain Elevator and Processing Society, based in Golden Valley, Minnesota, is a nonprofit organization dedicated to fostering education and networking opportunities within the grain-related industry. Despite the cancellation of their 2020 conference, they managed to organize two conferences in FY22, albeit with attendance not quite reaching pre-pandemic levels. However, they have decided to host future conferences in Kansas City, which they believe will increase attendance and awareness of the event. The society also introduced a group membership model, resulting in high retention rates, and launched a new subsidiary, GEAPS Media Group, aiming to expand its reach through a new media arm. The society's mission is to advance knowledge and information sharing within the global agriculture sector by connecting professionals in the grain industry.
Official website here: www.geaps.com
Is Grain Elevator And Processing Society legitimate?
Grain Elevator And Processing Society is a legitimate nonprofit organization registered as a 501(c)(6) entity. Grain Elevator And Processing Society 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: $422,250
Professional Fundraising Fees: $0
Other Salaries and Wages: $983,792
For more financial information, click here
Official website here: www.geaps.com
What is the mission statement of Grain Elevator And Processing Society?
The Grain Elevator and Processing Society's mission is to advance knowledge and promote information sharing within the global grain industry. They achieve this objective by fostering a network of agriculture professionals through educational programs and networking opportunities. Despite the cancellation of their 2020 conference, they managed to organize two conferences in the 2022 financial year, with plans to continue hosting events in Kansas City to increase attendance and awareness. Additionally, the society introduced a group membership model that resulted in high retention rates, and launched a new subsidiary, GEAPS Media Group, to expand its reach. Furthermore, they are developing an industry podcast channel to engage a wider audience in grain industry discussions.
Official website here: www.geaps.com
Who is the CEO of Grain Elevator And Processing Society?
Steve Records is the Chairman of Grain Elevator And Processing Society.
Official website here: www.geaps.com
What is the revenue of Grain Elevator And Processing Society?
Grain Elevator And Processing Society's revenue in 2022 was $5,479,710.
Official website here: www.geaps.com
Who are the executives of Grain Elevator And Processing Society and what are their salaries?
The average compensation at Grain Elevator And Processing Society during 2022 was $100,432. There are 14 employees and 170 volunteers at Grain Elevator And Processing Society.
Here are 23 key members and their salaries:
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- Other: $2,893
Official website here: www.geaps.com
Where can I find the form 990 for Grain Elevator And Processing Society?
Grain Elevator And Processing Society's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.geaps.com
Learn more at the official website: www.geaps.com
Mission Statement of Grain Elevator And Processing Society
The Grain Elevator and Processing Society, a global organization, is dedicated to advancing knowledge and information sharing within the grain industry. It seeks to accomplish this mission by fostering a network of agriculture professionals worldwide. The society achieves this goal through the provision of educational programs and networking opportunities for professionals working in the grain-related sector. Despite the cancellation of its annual conference in 2020, the society continued its mission with renewed vigor, hosting two conferences in FY22. Although attendance did not reach pre-pandemic levels, the decision to hold future conferences in Kansas City should help increase attendance and awareness of the event.
To further expand its reach, the Grain Elevator and Processing Society established a new subsidiary, GEAPS Media Group. This new media arm aims to increase the society's influence and impact within the industry. Additionally, the society has seen high retention rates for its group membership model, with over 90% of members renewing their memberships. Moreover, individual members have shown a strong commitment to the society, with about 80% returning to GEAPS events. To continue its mission of knowledge and information sharing, the Grain Elevator and Processing Society has also launched plans for an industry podcast channel, which should further engage and educate professionals in the grain industry.
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Impact
October, 2024
The Grain Elevator and Processing Society (GEAPS) significantly impacts the grain industry by fostering knowledge exchange and enhancing professional development among agriculture professionals worldwide. Through educational programs and networking opportunities, GEAPS facilitates the sharing of best practices, innovative technologies, and essential industry information, which cultivates a more informed workforce.
Following the disruptions of the COVID-19 pandemic, GEAPS adapted by organizing two successful conferences in FY22, establishing a consistent venue in Kansas City that aims to boost attendance and visibility for future events. Their introduction of a group membership model has proved effective, achieving over 90% retention rates, demonstrating a strong commitment to community building within the grain industry.
Additionally, GEAPS' launch of the GEAPS Media Group and plans for an industry podcast channel signify a strategic move to expand their outreach and communication. These initiatives not only enhance members' access to valuable resources but also position GEAPS as a crucial hub for industry knowledge sharing and collaboration, ultimately contributing to community improvement and the advancement of the agricultural sector.
This information is meant to be a general summary of Grain Elevator And Processing Society. 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: $329,112
- Program Service Revenue: $4,507,893
- Gross Receipts: $6,590,340
Assets and Liabilities:
- Total Assets: $3,501,132
- Total Liabilities: $558,211
- Net Assets: $2,942,921
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONFERENCES
Revenue
$3,599,327
MEMBERSHIP DUES
Revenue
$596,784
REGISTRATIONS
Revenue
$139,079
PUBLICATION ADVERTISING
Revenue
$122,295
SAFETY AWARDS PROGRAM
Revenue
$40,485
Organization Details
Founding Year
1974
Phone
(763) 999-4300Principal Officer
Steve Records
Main Address
4800 OLSON MEMORIAL HIGHWAY 150, GOLDEN VALLEY, MN, 55422
Website
www.geaps.comNTEE Category
Code: S41 - Community improvement
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