North Carolina Cotton Producers Association Inc

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

EIN: 560661805 ✦ Nashville, NC ✦ Designated as a 501(c)(5)

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Overview

What is North Carolina Cotton Producers Association Inc?

North Carolina Cotton Producers Association Inc is a nonprofit organization situated in Nashville, North Carolina. With a single employee, their primary mission is to promote, educate, and conduct research related to cotton cultivation and the utilization of cotton products. A portion of the 1.00 per bale assessment collected is allocated to the National Cotton Council, which in turn, supports and advertises the cotton industry nationwide. By advocating for cotton growth and product usage, this association plays a significant role in the cotton sector of North Carolina.


Official website here: www.nccotton.org

Is North Carolina Cotton Producers Association Inc legitimate?

North Carolina Cotton Producers Association Inc is a legitimate nonprofit organization registered as a 501(c)(5) entity. North Carolina Cotton Producers Association 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: $66,273
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.nccotton.org

What is the mission statement of North Carolina Cotton Producers Association Inc?

The North Carolina Cotton Producers Association Inc has a mission to promote, educate, and conduct research related to the growth of cotton and the utilization of cotton products. This mission is carried out with the collection of a 1.00 per bale assessment, a portion of which is contributed to the National Cotton Council, which in turn advocates for cotton and its products on a national scale. The association's objectives include fostering the growth and development of the cotton industry, enhancing public understanding of cotton and its uses, and advancing research in the field to improve cotton cultivation and production methods.


Official website here: www.nccotton.org

Who is the CEO of North Carolina Cotton Producers Association Inc?

David Parrish is the Ceo of North Carolina Cotton Producers Association Inc. The CEO's salary of North Carolina Cotton Producers Association Inc is $73,450 and their total compensation is $90,441.


Official website here: www.nccotton.org

What is the revenue of North Carolina Cotton Producers Association Inc?

North Carolina Cotton Producers Association Inc's revenue in 2022 was $917,943.


Official website here: www.nccotton.org

Who are the executives of North Carolina Cotton Producers Association Inc and what are their salaries?

The average compensation at North Carolina Cotton Producers Association Inc during 2022 was $66,273. There is 1 employee and 25 volunteers at North Carolina Cotton Producers Association Inc.


Here are 8 key members and their salaries (North Carolina Cotton Producers Association Inc's CEO's salary is $73,450 and their total compensation is $90,441):


David Parrish (Ceo)
  • Compensation: $73,450
  • Related: $0
  • Other: $16,991
Kent Smith (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Sawyer (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Underwood (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Warren (Past Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Fleming (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Burleson (Executive Co)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Grant (Executive Co)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nccotton.org

Where can I find the form 990 for North Carolina Cotton Producers Association Inc?

North Carolina Cotton Producers Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nccotton.org

Learn more at the official website: www.nccotton.org

Mission Statement of North Carolina Cotton Producers Association Inc

The North Carolina Cotton Producers Association Inc is dedicated to advancing the cultivation of cotton and the utilization of cotton products. This nonprofit organization undertakes promotional efforts, educational initiatives, and conducts research related to cotton growth. The Association's goal is to enhance the industry's understanding and appreciation of cotton, ultimately leading to increased use of cotton products. A significant portion of the 1-cent assessment collected per bale of cotton goes towards the National Cotton Council, an organization that promotes cotton and cotton products on a national scale. The North Carolina Cotton Producers Association Inc plays a crucial role in fostering the growth and utilization of cotton within the industry.

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Impact




October, 2024

The North Carolina Cotton Producers Association Inc plays a vital role in strengthening the cotton industry within the state. By promoting the growth of cotton and educating growers about best practices, the organization enhances agricultural productivity and sustainability. Its commitment to research ensures that local farmers are equipped with the latest information and technologies to optimize crop yields and manage resources efficiently.

Furthermore, through the collection of a $1.00 assessment per bale, the Association funds initiatives that support not only state-level goals but also national efforts by contributing 55 cents to the National Cotton Council. This collaboration amplifies the impact of cotton promotion and increases awareness of cotton products across the country.

The Association's work fosters a thriving cotton sector that benefits local economies, enhances market access for growers, and supports related industries, contributing to the broader agricultural landscape in North Carolina.




This information is meant to be a general summary of North Carolina Cotton Producers Association 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.

Revenue
$917,943 (2022)
Expenses
$755,660 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $121,041
  • Program Service Revenue: $796,902
  • Gross Receipts: $1,883,893

Assets and Liabilities:

  • Total Assets: $1,103,969
  • Total Liabilities: $7,509
  • Net Assets: $1,096,460

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Programs

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

ASSESSMENT INCOME

Revenue

$740,246

CONTRACT LABOR INCOME

Revenue

$38,156

ON FARM VARIETY TRIAL PROGRAM

Revenue

$12,000

COMMODITY CONFERENCE SPONSORS

Revenue

$5,000

COTTON FIELD DAY SPONSORS

Revenue

$1,500

Organization Details

Principal Officer

David Parrish

Main Address

PO BOX 656, NASHVILLE, NC, 27856

NTEE Category

Code: K20 - Food

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