Plains Cotton Growers Inc

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

EIN: 750938875 ✦ Lubbock, TX ✦ Designated as a 501(c)(5)

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Overview

What is Plains Cotton Growers Inc?

Plains Cotton Growers Inc, situated in Lubbock, Texas, serves as a nonprofit organization primarily dedicated to enhancing and promoting cotton production and utilization in the high plains region. With a team of five dedicated individuals, they offer educational and legislative support, working tirelessly to improve the industry's growth and success. Their mission and activities revolve around uplifting the cotton sector, ensuring its sustainability and continued prosperity in their specific geographical area.

Is Plains Cotton Growers Inc legitimate?

Plains Cotton Growers Inc is a legitimate nonprofit organization registered as a 501(c)(5) entity. Plains Cotton Growers 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: $125,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $382,098

For more financial information, click here

What is the mission statement of Plains Cotton Growers Inc?

Plains Cotton Growers Inc is committed to supporting and improving the cultivation and utilization of cotton in the high plains region. Their mission, as stated, is centered around providing educational and legislative assistance for cotton production on this particular terrain in Texas. They strive to advance the cotton industry by offering resources and advocacy, thereby contributing to its growth and sustainability.

Who is the CEO of Plains Cotton Growers Inc?

Kody Bessent is the Ceo of Plains Cotton Growers Inc. The CEO's salary of Plains Cotton Growers Inc is $125,000 and their total compensation is $125,000.

What is the revenue of Plains Cotton Growers Inc?

Plains Cotton Growers Inc's revenue in 2023 was $947,890.

Who are the executives of Plains Cotton Growers Inc and what are their salaries?

The average compensation at Plains Cotton Growers Inc during 2023 was $101,420. There are 5 employees at Plains Cotton Growers Inc.


Here are 6 key members and their salaries (Plains Cotton Growers Inc's CEO's salary is $125,000 and their total compensation is $125,000):


Kody Bessent (Ceo)
  • Compensation: $125,000
  • Related: $0
  • Other: $0
Martin Stoerner (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brent Nelson (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Travis Mires (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brent Coker (Secretary/Treas)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacy Smith (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Plains Cotton Growers Inc?

Plains Cotton Growers Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Plains Cotton Growers Inc

Plains Cotton Growers Inc, a notable entity, is dedicated to enhancing and promoting cotton cultivation and utilization in the high plains region of Texas. Their mission, in essence, revolves around providing educational and legislative support for the cotton industry in this specific region. By doing so, they aim to bolster the growth and sustainability of cotton production, ultimately contributing to the economic well-being of those involved in this sector.

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Impact




October, 2024

Plains Cotton Growers Inc has a significant impact on the cotton industry in the High Plains of Texas by providing essential educational and legislative support that enhances cotton production and usage. Located in Lubbock, Texas, this organization plays a crucial role in improving farming practices, advocating for farmers' interests, and promoting sustainable cotton agriculture. Their efforts not only benefit cotton producers but also contribute to the economic vitality of the region and the broader agricultural community. Through targeted initiatives and resources, Plains Cotton Growers Inc strengthens the cotton supply chain, ensuring its resilience and growth in a competitive market.




This information is meant to be a general summary of Plains Cotton Growers 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
$947,890 (2023)
Expenses
$1,447,347 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $317,850
  • Program Service Revenue: $630,040
  • Gross Receipts: $947,890

Assets and Liabilities:

  • Total Assets: $8,582,714
  • Total Liabilities: $466,545
  • Net Assets: $8,116,169

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Programs

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

Membership Dues & Assessments

Revenue

$630,040

Organization Details

Founding Year

1956

Principal Officer

Kody Bessent

Main Address

8303 ABERDEEN AVE, LUBBOCK, TX, 79424

NTEE Category

Code: K20 - Food

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