Agricultural Council Of Arkansas

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

EIN: 710001057 ✦ Little rock, AR ✦ Designated as a 501(c)(6)

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Overview

What is Agricultural Council Of Arkansas?

The Agricultural Council of Arkansas is a nonprofit organization established in 1941. Its primary function began with the introduction of the Copywrite bale tag program, aimed at guaranteeing textile mills that cotton bales marked with ACA tags were grown in Arkansas's delta (alluvial) plains. The organization sells these tags to cotton gins. In addition to this, the Agricultural Council of Arkansas serves as a fiscal agent for a self-insurer fund, specifically for agricultural-related businesses. This fund provides workers' compensation coverage at more affordable rates. By doing so, the council supports the competitive growth and safety of businesses within the agricultural sector in Arkansas.


Official website here: www.agcouncil.net

Is Agricultural Council Of Arkansas legitimate?

Agricultural Council Of Arkansas is a legitimate nonprofit organization registered as a 501(c)(6) entity. Agricultural Council Of Arkansas 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: $129,850
Professional Fundraising Fees: $0
Other Salaries and Wages: $23,793

For more financial information, click here


Official website here: www.agcouncil.net

What is the mission statement of Agricultural Council Of Arkansas?

The Agricultural Council of Arkansas is a nonprofit organization with a mission to ensure the authenticity of cotton bales grown in its delta plains. Established in 1941, it introduced the Copywrite bale tag program, which assures textile mills that the cotton bales bearing its tags are of Arkansas origin. Additionally, the council serves as a fiscal agent for a self-insurer fund, offering workers' compensation coverage to agricultural-related businesses at more competitive rates.


Official website here: www.agcouncil.net

Who is the CEO of Agricultural Council Of Arkansas?

John King Iii is the Exec Vice Pr of Agricultural Council Of Arkansas.


Official website here: www.agcouncil.net

What is the revenue of Agricultural Council Of Arkansas?

Agricultural Council Of Arkansas's revenue in 2022 was $364,031.


Official website here: www.agcouncil.net

Who are the executives of Agricultural Council Of Arkansas and what are their salaries?

The average compensation at Agricultural Council Of Arkansas during 2022 was $76,822. There are 2 employees at Agricultural Council Of Arkansas.


Here are 6 key members and their salaries:


Andrew Grobmyer (Exec Vice Pr)
  • Compensation: $117,928
  • Related: $0
  • Other: $11,922
Rick Bransford (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dow Brantley (1St Vice-Pre)
  • Compensation: $0
  • Related: $0
  • Other: $0
Board Of Directors (See Atta)
  • Compensation: $0
  • Related: $0
  • Other: $0
John King Iii (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nathan Reed (2Nd Vice-Pre)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.agcouncil.net

Where can I find the form 990 for Agricultural Council Of Arkansas?

Agricultural Council Of Arkansas's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.agcouncil.net

Learn more at the official website: www.agcouncil.net

Mission Statement of Agricultural Council Of Arkansas

The Agricultural Council of Arkansas, established as a nonprofit organization, has a notable mission. Initiated in 1941, the council introduced the Copywrite bale tag program, which was designed to ensure textile mills that cotton bales bearing the ACA tags were sourced from the delta (alluvial) plains of Arkansas. This initiative served as a guarantee of the quality and origin of the cotton. Furthermore, the Agricultural Council of Arkansas acts as a fiscal agent for a self-insurer fund, catering to agricultural-related businesses. By doing so, it provides workers' compensation coverage at more competitive rates, thereby benefiting these businesses financially.

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Impact




October, 2024

The Agricultural Council of Arkansas has significantly impacted the state's agricultural sector by enhancing the integrity of cotton production and providing essential support services. By initiating the Copywrite bale tag program in 1941, the Council assured textile mills that bales identified with ACA tags were sourced from the alluvial plains of Arkansas. This program not only strengthened the credibility of Arkansas cotton in the marketplace but also promoted transparency and quality assurance in cotton production.

Additionally, the Council acts as a fiscal agent for a self-insurer fund tailored for agricultural-related businesses, offering access to workers' compensation coverage at more competitive rates. This service improves the overall financial viability of agricultural enterprises, ensuring that businesses can protect their workers while managing costs effectively.

Overall, the Agricultural Council of Arkansas plays a pivotal role in driving community improvement, fostering economic growth, and ensuring the sustainability of agricultural practices in the region.




This information is meant to be a general summary of Agricultural Council Of Arkansas. 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
$364,031 (2022)
Expenses
$328,670 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $632
  • Program Service Revenue: $363,399
  • Gross Receipts: $364,031

Assets and Liabilities:

  • Total Assets: $993,908
  • Total Liabilities: $258,849
  • Net Assets: $735,059

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Programs

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

MEMBERS DUES

Revenue

$168,394

FISCAL AGENT

Revenue

$102,588

SALE OF BALE TAGS

Revenue

$61,787

RENT

Revenue

$30,630

Organization Details

Founding Year

1967

Principal Officer

John King Iii

Main Address

PO BOX 250909, LITTLE ROCK, AR, 72225

NTEE Category

Code: S40 - Community improvement

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