North Carolina Foundation Seed Producers Incorporated

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 560556193 ✦ Zebulon, NC ✦ Designated as a 501(c)(5)

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Overview

What is North Carolina Foundation Seed Producers Incorporated?

North Carolina Foundation Seed Producers Incorporated is a nonprofit organization situated in Zebulon, North Carolina. Their primary mission is to collaborate with the North Carolina Agricultural Experiment Station, the US Department of Agriculture, NC State University, and other public agencies to make foundation seeds and plant materials of new and improved varieties accessible to North Carolina farmers. By working together, they aim to provide farmers with improved crop varieties, thereby contributing to the agricultural sector in the state.


Official website here: www.ncfoundationseeds.org/

Is North Carolina Foundation Seed Producers Incorporated legitimate?

North Carolina Foundation Seed Producers Incorporated is a legitimate nonprofit organization registered as a 501(c)(5) entity. North Carolina Foundation Seed Producers Incorporated 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: $58,549
Professional Fundraising Fees: $0
Other Salaries and Wages: $65,669

For more financial information, click here


Official website here: www.ncfoundationseeds.org/

What is the mission statement of North Carolina Foundation Seed Producers Incorporated?

The North Carolina Foundation Seed Producers Incorporated aims to make foundation seeds and plant materials of new and improved varieties accessible to local farmers. They achieve this by collaborating with various public agencies such as the North Carolina Agricultural Experiment Station, the US Department of Agriculture, NC State University, and other relevant organizations. Their goal is to provide farmers in North Carolina with advanced seed varieties, thereby contributing to the agricultural sector's growth and development. This collaboration ensures the availability of high-quality seeds, ultimately benefiting the farming community and potentially leading to improved crop yields.


Official website here: www.ncfoundationseeds.org/

Who is the CEO of North Carolina Foundation Seed Producers Incorporated?

Charles Barnes is the Manager of North Carolina Foundation Seed Producers Incorporated.


Official website here: www.ncfoundationseeds.org/

What is the revenue of North Carolina Foundation Seed Producers Incorporated?

North Carolina Foundation Seed Producers Incorporated's revenue in 2023 was $430,455.


Official website here: www.ncfoundationseeds.org/

Who are the executives of North Carolina Foundation Seed Producers Incorporated and what are their salaries?


Here are 8 key members and their salaries:


Charles Barnes (Manager)
  • Compensation: $58,548
  • Related: $10,417
  • Other: $0
Billy Barrow (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronnie Clark (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walt Gerard (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Jones (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dwight Lowder (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peyton Mcdaniel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ao Roberts (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ncfoundationseeds.org/

Where can I find the form 990 for North Carolina Foundation Seed Producers Incorporated?

North Carolina Foundation Seed Producers Incorporated's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.ncfoundationseeds.org/

Learn more at the official website: www.ncfoundationseeds.org/

Mission Statement of North Carolina Foundation Seed Producers Incorporated

North Carolina Foundation Seed Producers Incorporated is dedicated to making foundation seed and plant materials of new and improved varieties accessible to farmers within North Carolina. To achieve this, the organization collaborates with various public entities such as the North Carolina Agricultural Experiment Station, the US Department of Agriculture, NC State University, and other public agencies. This collaboration allows them to provide farmers with the latest and most advanced seed varieties, thereby contributing to the agricultural industry in the state. By making these resources available, North Carolina Foundation Seed Producers Incorporated aims to enhance the productivity and success of North Carolina's farming community, ultimately benefiting the state's agricultural sector as a whole.

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Impact




October, 2024

North Carolina Foundation Seed Producers Incorporated significantly impacts the agricultural landscape in North Carolina by ensuring farmers have access to foundation seed and plant materials of new and improved varieties. Through collaborations with the North Carolina Agricultural Experiment Station, the USDA, NC State University, and other public agencies, they facilitate the availability of high-quality seeds that can enhance crop yields and promote sustainable farming practices. This initiative not only supports local farmers in increasing their productivity and profitability but also contributes to the overall food security and economic health of the region. By advancing agricultural innovation and providing essential resources, they play a crucial role in fostering a resilient agricultural system in North Carolina.




This information is meant to be a general summary of North Carolina Foundation Seed Producers Incorporated. 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.

Revenue
$430,455 (2023)
Expenses
$422,184 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: -$6,710
  • Program Service Revenue: $153,039
  • Gross Receipts: $1,838,768

Assets and Liabilities:

  • Total Assets: $2,820,835
  • Total Liabilities: $444,227
  • Net Assets: $2,376,608

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

NET ROYALTY INCOME

Revenue

$153,039

Organization Details

Founding Year

1945

Principal Officer

Charles Barnes

Main Address

8220 RILEY HILL ROAD, ZEBULON, NC, 27597

NTEE Category

Code: K20 - Food

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