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Oklahoma Genetics Inc

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

EIN: 731728055 ✦ Stillwater, OK ✦ Designated as a 501(c)(5)

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Overview

What is Oklahoma Genetics Inc?

Oklahoma Genetics Inc, located at 201 South Range Road, Stillwater, OK 74074, is a nonprofit organization with a mission to foster stewardship and promote the use of improved genetics, traits, and benefits of high-quality pedigreed seeds and vegetatively propagated materials. They aim to educate farmers and conduct scientific research, ultimately benefiting crop producers. Oklahoma Genetics Inc supports educational programs to enhance seed genetics and contribute to the agricultural community's growth.


Official website here: www.okgenetics.com/

Is Oklahoma Genetics Inc legitimate?

Oklahoma Genetics Inc is a legitimate nonprofit organization registered as a 501(c)(5) entity. Oklahoma Genetics 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: $1,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.okgenetics.com/

What is the mission statement of Oklahoma Genetics Inc?

Oklahoma Genetics Inc's mission is centered around promoting responsible cultivation practices and increasing awareness of the advantages of enhanced genetics, traits, and the benefits of high-quality pedigreed seeds and vegetatively propagated materials. The organization actively supports educational programs and conducts scientific research, primarily for the benefit of farmers. This endeavor aims to improve crop production and overall agricultural sustainability.


Official website here: www.okgenetics.com/

Who is the CEO of Oklahoma Genetics Inc?

Joe Shirley is the Chairman of Oklahoma Genetics Inc.


Official website here: www.okgenetics.com/

What is the revenue of Oklahoma Genetics Inc?

Oklahoma Genetics Inc's revenue in 2023 was $1,696,658.


Official website here: www.okgenetics.com/

Who are the executives of Oklahoma Genetics Inc and what are their salaries?


Here are 9 key members and their salaries:


Joe Shirley (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jb Stewart (1St Vice-Cha)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred Schmedt (2Nd Vice-Cha)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Schieber (Secretary/Tr)
  • Compensation: $1,000
  • Related: $0
  • Other: $0
Joe Caughlin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Coit (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Igo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dustin Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colvin Null (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.okgenetics.com/

Where can I find the form 990 for Oklahoma Genetics Inc?

Oklahoma Genetics Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.okgenetics.com/

Learn more at the official website: www.okgenetics.com/

Mission Statement of Oklahoma Genetics Inc

Oklahoma Genetics Inc, as a nonprofit organization, is dedicated to advancing seed genetics and educating farmers. Their mission is multifaceted, aiming to promote stewardship and increase awareness of the benefits of improved genetics, traits, and quality pedigreed seed and vegetatively propagated materials. To achieve this, they focus on marketing and publishing the advantages of these improved resources for crop producers. Additionally, Oklahoma Genetics Inc supports educational programs and scientific research, striving to enhance the knowledge and skills of farmers for the betterment of their crops and livelihoods.

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Impact




October, 2024

Oklahoma Genetics Inc significantly enhances the agricultural landscape by focusing on the improvement of seed genetics and the education of farmers. Their commitment to promoting stewardship ensures that farmers have access to the best practices and resources for cultivating quality crops. By publicizing and marketing the benefits of improved genetics, traits, and pedigreed seeds, they play a vital role in increasing crop productivity and sustainability.

Their educational programs and support for scientific research empower crop producers with knowledge and innovative techniques, ultimately leading to better farming outcomes. This impact is particularly crucial as it addresses the growing need for efficient food production practices in a changing environment. By fostering a deeper understanding of advanced agricultural methods, Oklahoma Genetics Inc contributes to the overall enhancement of the agricultural community in Oklahoma and beyond.




This information is meant to be a general summary of Oklahoma Genetics 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
$1,696,658 (2023)
Expenses
$1,738,932 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $4,845
  • Program Service Revenue: $1,659,913
  • Gross Receipts: $1,696,658

Assets and Liabilities:

  • Total Assets: $2,598,214
  • Total Liabilities: $8,485
  • Net Assets: $2,589,729

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Programs

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

ROYALTIES RECEIVED

Revenue

$1,025,060

SETTLEMENTS

Revenue

$625,143

LATE FEES

Revenue

$4,229

REFUND INCOME

Revenue

$2,324

OTHER PRIMARY REVENUE

Revenue

$1,802

Organization Details

Founding Year

2005

Principal Officer

Joe Shirley

Main Address

201 SOUTH RANGE ROAD, STILLWATER, OK, 74074

NTEE Category

Code: K05 - Food

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