Overview
What is Michigan Crop Improvement Association?
The Michigan Crop Improvement Association is a nonprofit organization, with a base in Lansing, Michigan. It boasts a membership of 98 entities. Their primary focus is on purchasing and certifying foundation seed, as evidenced by the 873,071 bushels certified in 2022. This activity aligns with their mission, which is to support the Michigan seed industry by providing genetic, disease, agronomic, and marketing information. They achieve this through foundation seed production, field inspection, and lab testing, thereby facilitating the smooth movement of seed or plant products in local, national, and international markets. The organization employs 62 individuals in its mission to promote seed stock production.
Official website here: www.michcrop.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement)
The Michigan Crop Improvement Association has received a rating of two stars, indicating that it needs improvement. With an overall score of 66%, the organization demonstrates strengths in program expense efficiency, allocating 90.68% of its budget directly to its programs. Additionally, it has a strong financial health indicator, with a liabilities to assets ratio of 6.98%, showcasing its solid financial footing.
However, the organization faces significant challenges in governance and transparency. Only 22% of its board members are independent, which raises potential concerns about oversight and accountability. The financial statements available are classified as a review or compilation, which limits the level of assurance regarding financial accuracy. Furthermore, the Michigan Crop Improvement Association has not posted its tax form on its website, detracting from its transparency efforts.
On a positive note, the organization has established various policies such as conflict of interest, whistleblower protections, and document retention, all of which are crucial for maintaining ethical governance. Despite these positives, the overall rating indicates that further improvements in board independence and financial transparency are necessary for building greater trust with stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Michigan Crop Improvement Association legitimate?
Michigan Crop Improvement Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Michigan Crop Improvement Association 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: $159,367
Professional Fundraising Fees: $0
Other Salaries and Wages: $722,957
For more financial information, click here
Official website here: www.michcrop.com
What is the mission statement of Michigan Crop Improvement Association?
The Michigan Crop Improvement Association's mission is to aid the local seed industry by offering genetic, disease, agronomic, and marketing information. This is achieved through foundation seed production, field inspections, and lab testing. The association's goal is to facilitate the movement of seed or plant products in both local and international markets. By doing so, they assist their 98 member seed producers in ensuring the quality of their seed stock. In 2022, they certified 873,071 bushels of foundation seed for their members.
Official website here: www.michcrop.com
Who is the CEO of Michigan Crop Improvement Association?
Chris Schmidt is the Manager of Michigan Crop Improvement Association.
Official website here: www.michcrop.com
What is the revenue of Michigan Crop Improvement Association?
Michigan Crop Improvement Association's revenue in 2022 was $1,689,809.
Official website here: www.michcrop.com
Who are the executives of Michigan Crop Improvement Association and what are their salaries?
The average compensation at Michigan Crop Improvement Association during 2022 was $14,231. There are 62 employees and 3 volunteers at Michigan Crop Improvement Association.
Here are 14 key members and their salaries:
- Compensation: $143,608
- Related: $0
- Other: $12,884
- Compensation: $111,027
- Related: $0
- Other: $22,462
- Compensation: $106,050
- Related: $0
- Other: $7,543
- Compensation: $500
- Related: $0
- Other: $0
- Compensation: $500
- Related: $0
- Other: $0
- Compensation: $500
- Related: $0
- Other: $0
- Compensation: $375
- Related: $0
- Other: $0
- Compensation: $375
- Related: $0
- Other: $0
- Compensation: $375
- Related: $0
- Other: $0
- Compensation: $125
- Related: $0
- Other: $0
- Compensation: $125
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.michcrop.com
Where can I find the form 990 for Michigan Crop Improvement Association?
Michigan Crop Improvement Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.michcrop.com
Learn more at the official website: www.michcrop.com
Mission Statement of Michigan Crop Improvement Association
Michigan Crop Improvement Association, a renowned organization, is dedicated to advancing the seed industry through research, development, testing, and certification. Its mission is to support the production of high-quality seed stock by providing valuable genetic, disease, agronomic, and market information. This is achieved through foundation seed production, field inspection, and lab testing, which facilitates the movement of seed or plant products in local, national, and international markets.
By purchasing and certifying foundation seeds for its members, the Michigan Crop Improvement Association plays a crucial role in promoting the integrity and reliability of the seed industry. In 2022, an impressive 873,071 bushels were certified, a testament to the organization's commitment to quality and its impact on the seed industry. The Michigan Crop Improvement Association serves as a vital resource for its 98 members, helping them navigate the complex world of seed production and distribution.
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Impact
July, 2024
The Michigan Crop Improvement Association's impact lies in its pivotal role in the seed industry. By conducting seed research, development, testing, and certification, the association promotes the production of high-quality seed stock. Through the purchase and certification of foundation seed for its members, which currently number 98, the organization facilitated the certification of 873,071 bushels in 2022. In doing so, the Michigan Crop Improvement Association supports the Michigan seed industry by providing essential genetic, disease, agronomic, and marketing information. Its activities, including foundation seed production, field inspection, and lab testing, contribute to facilitating the movement of seed and plant products in local, national, and international markets.
This information is meant to be a general summary of Michigan Crop Improvement Association. 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: $12,273
- Program Service Revenue: $1,162,324
- Gross Receipts: $2,944,507
Assets and Liabilities:
- Total Assets: $3,334,993
- Total Liabilities: $337,991
- Net Assets: $2,997,002
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INSPECTION/TAG REVENUE
Revenue
$842,498
OTHER SEED REVENUE
Revenue
$213,566
TESTING REVENUE
Revenue
$98,478
MISC. PROGRAM REVENUE
Revenue
$5,208
MEMBERSHIP DUES
Revenue
$2,574
Organization Details
Founding Year
1927
Phone
(517) 332-3546Principal Officer
Chris Schmidt
Main Address
PO BOX 21008, LANSING, MI, 48909
Website
www.michcrop.comNTEE Category
Code: K24Z - Food
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