Overview
What is Tobacco Associates Inc?
Tobacco Associates Inc is a nonprofit organization based in Raleigh, North Carolina. Their primary mission is to promote U.S. grown leaf tobacco globally by offering education, training, and information to tobacco leaf customers worldwide. They achieve this through trade servicing missions and international trade fairs. Trade servicing missions involve meeting with potential customers and industry peers to gather market insights, while international trade fairs provide an opportunity to distribute promotional materials, establish new connections, and strengthen existing ones. Tobacco Associates Inc employs a team of two individuals to carry out these activities.
Official website here: www.tobaccoassociatesinc.org
Is Tobacco Associates Inc legitimate?
Tobacco Associates Inc is a legitimate nonprofit organization registered as a 501(c)(5) entity. Tobacco Associates Inc 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: $248,915
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.tobaccoassociatesinc.org
What is the mission statement of Tobacco Associates Inc?
Tobacco Associates Inc's mission is focused on promoting U.S. grown leaf tobacco on a global scale. They achieve this by providing training, education, and informational resources about U.S. grown leaf tobacco to their tobacco leaf customer base worldwide. To expand their reach and gather relevant market information, Tobacco Associates partakes in trade servicing missions and international trade fairs. During these events, they engage in discussions about market opportunities and their capabilities, aiming to assist in the utilization of U.S. flue-cured tobacco. By participating in these events, Tobacco Associates can distribute information about their promotion programs, establish new connections, strengthen existing ones, and stay updated on the latest technologies in the tobacco industry.
Official website here: www.tobaccoassociatesinc.org
Who is the CEO of Tobacco Associates Inc?
Henry Mozingo is the Chairman of Tobacco Associates Inc.
Official website here: www.tobaccoassociatesinc.org
What is the revenue of Tobacco Associates Inc?
Tobacco Associates Inc's revenue in 2022 was $558,960.
Official website here: www.tobaccoassociatesinc.org
Who are the executives of Tobacco Associates Inc and what are their salaries?
The average compensation at Tobacco Associates Inc during 2022 was $124,458. There are 2 employees and 15 volunteers at Tobacco Associates Inc.
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- Compensation: $126,000
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Official website here: www.tobaccoassociatesinc.org
Where can I find the form 990 for Tobacco Associates Inc?
Tobacco Associates Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tobaccoassociatesinc.org
Learn more at the official website: www.tobaccoassociatesinc.org
Mission Statement of Tobacco Associates Inc
Tobacco Associates Inc, a dedicated organization, promotes the use of U.S. grown leaf tobacco on a global scale. They achieve this by providing training, education, and sharing comprehensive information about the quality and benefits of U.S. grown leaf tobacco to their international clientele. This organization's mission is to serve as a reliable source of information and support for tobacco leaf customers worldwide, enabling them to make informed decisions and maximize their use of U.S. flue-cured exports.
To effectively achieve its mission, Tobacco Associates Inc conducts trade servicing missions and participates in international trade fairs. Through these initiatives, the organization can explore new markets, engage in direct customer interactions, and gather essential market data. Trade servicing missions typically involve sending a team member to targeted regions for meetings with multiple countries, resulting in fruitful discussions about potential business opportunities and collaboration. These trips usually last between 18 to 21 days, depending on the region's location.
In addition to trade servicing missions, Tobacco Associates Inc also participates in international trade fairs. These events attract a diverse audience from the worldwide tobacco industry, including leaf suppliers, material suppliers, equipment suppliers, manufacturers, flavor companies, and more. These fairs offer an excellent platform for Tobacco Associates Inc to disseminate information about its promotional programs, establish new contacts, strengthen existing relationships, and collect valuable data about the latest technologies and potential product suppliers. The fairs typically last for three days, with anywhere from 25 to 75 companies exhibiting and attracting hundreds of industry professionals.
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Impact
October, 2024
Tobacco Associates Inc. significantly influences the promotion and viability of U.S. grown leaf tobacco in the global market. By providing targeted training, education, and essential information, it ensures that tobacco leaf customers worldwide are well-informed about the advantages of U.S. products. Through trade servicing missions, Tobacco Associates facilitates direct engagement with potential and existing customers, actively exploring market opportunities while sharing insights into the domestic market and industry objectives of various countries.
These missions, lasting typically 18-21 days, allow Tobacco Associates to build valuable relationships, offering immediate support and guidance on leveraging U.S. flue-cured tobacco, addressing questions, and fostering collaborative opportunities. Additionally, by participating in international trade fairs, the organization reaches a broader audience within the tobacco industry, establishing vital connections and staying updated on the latest technologies and market trends. This multifaceted approach not only bolsters the U.S. tobacco sector but also contributes to community improvement by ensuring the growth and sustainability of local tobacco farming and related industries.
This information is meant to be a general summary of Tobacco Associates Inc. 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: $622
- Program Service Revenue: $558,338
- Gross Receipts: $558,960
Assets and Liabilities:
- Total Assets: $895,516
- Total Liabilities: $13,610
- Net Assets: $881,906
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GROWER ASSESSMENTS
Revenue
$505,338
ALLIED GROUP ASSESSMEN
Revenue
$53,000
Organization Details
Founding Year
1947
Phone
(919) 821-7670Principal Officer
Henry Mozingo
Main Address
PO Box 10603, Raleigh, NC, 27605
Website
www.tobaccoassociatesinc.orgNTEE Category
Code: S40 - Community improvement
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