Overview
What is Midsouth Grain Inspection Services?
Midsouth Grain Inspection Services, based in Memphis, Tennessee, is a nonprofit organization dedicated to providing inspection services for the grain commodity market in the MidSouth region. Designated by the United States Department of Agriculture, their mission is to ensure the quality and safety of the grain market in this specific region, thereby contributing to its overall integrity. With a staff of 94 individuals, they work tirelessly to uphold industry standards and maintain transparency in the grain commodity trade.
Is Midsouth Grain Inspection Services legitimate?
Midsouth Grain Inspection Services is a legitimate nonprofit organization registered as a 501(c)(6) entity. Midsouth Grain Inspection Services 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: $430,927
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,120,939
For more financial information, click here
What is the mission statement of Midsouth Grain Inspection Services?
Midsouth Grain Inspection Services is assigned a role by the United States Department of Agriculture, with the mission to provide inspection services for the grain commodity market in the MidSouth region. This organization's primary function is to ensure the quality and integrity of the grain commodities being traded in this region. By providing these inspection services, Midsouth Grain Inspection Services contributes to maintaining consumer confidence and fair trade practices within the grain commodity market. The organization's activities are guided by its designation from the United States Department of Agriculture, thereby ensuring adherence to national standards and regulations.
Who is the CEO of Midsouth Grain Inspection Services?
James Rossetti is the Director of Midsouth Grain Inspection Services.
What is the revenue of Midsouth Grain Inspection Services?
Midsouth Grain Inspection Services's revenue in 2022 was $4,138,755.
Who are the executives of Midsouth Grain Inspection Services and what are their salaries?
The average compensation at Midsouth Grain Inspection Services during 2022 was $27,148. There are 94 employees at Midsouth Grain Inspection Services.
Here are 10 key members and their salaries:
- Compensation: $69,550
- Related: $0
- Other: $0
- Compensation: $92,400
- Related: $0
- Other: $0
- Compensation: $92,400
- Related: $0
- Other: $0
- Compensation: $92,400
- Related: $0
- Other: $0
- Compensation: $92,400
- Related: $0
- Other: $0
- Compensation: $88,000
- Related: $0
- Other: $0
- Compensation: $104,500
- Related: $0
- Other: $0
- Compensation: $176,400
- Related: $0
- Other: $0
- Compensation: $89,527
- Related: $0
- Other: $0
- Compensation: $165,000
- Related: $0
- Other: $0
Where can I find the form 990 for Midsouth Grain Inspection Services?
Midsouth Grain Inspection Services's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Midsouth Grain Inspection Services
Midsouth Grain Inspection Services, designated by the United States Department of Agriculture, is committed to providing inspection services for the grain commodity market in the Mid south region. The organization's mission is centered around ensuring the quality and integrity of the grain commodity market in this specific region, upholding the standards set by the Department of Agriculture. By offering these inspection services, Midsouth Grain Inspection Services plays a crucial role in maintaining confidence and trust within the grain commodity market, benefiting both buyers and sellers alike.
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Impact
October, 2024
Midsouth Grain Inspection Services plays a crucial role in the grain commodity market within the Midsouth region by delivering essential inspection services. Designated by the United States Department of Agriculture, the organization ensures that the quality and safety standards of grain are upheld, which is vital for maintaining consumer trust and market integrity.
Operating from Memphis, TN, Midsouth Grain Inspection Services facilitates fair trading practices by providing reliable assessments of grain quality. These inspections not only protect buyers and sellers but also contribute to the overall efficiency of the agricultural supply chain. By guaranteeing that grain meets specific regulations and standards, the organization supports local farmers, traders, and the food industry as a whole.
The impact of Midsouth Grain Inspection Services extends beyond immediate economic concerns; it plays a significant role in promoting food safety and public health. Through its diligent work, the organization helps ensure that grain products are safe for consumption, thus safeguarding the health of communities in the region.
This information is meant to be a general summary of Midsouth Grain Inspection Services. 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: $512,399
- Program Service Revenue: $3,618,356
- Gross Receipts: $6,520,510
Assets and Liabilities:
- Total Assets: $3,614,327
- Total Liabilities: $643,489
- Net Assets: $2,970,838
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INSPECTION FEES
Revenue
$3,603,033
GRAIN SALES
Revenue
$15,323
Organization Details
Founding Year
1905
Phone
(901) 942-3216Principal Officer
James Rossetti
Main Address
PO BOX 13302, MEMPHIS, TN, 38113
NTEE Category
Code: K20 - Food
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