Committee For Cotton Research Inc

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

EIN: 752270680 ✦ Brownfield, TX ✦ Designated as a 501(c)(6)

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Overview

What is Committee For Cotton Research Inc?

Committee for Cotton Research Inc is a nonprofit organization situated in Brownfield, Texas. Their primary mission is dedicated to enhancing the cotton industry by conducting research. This involves examining various pricing factors, implementing grading tests, and analyzing discounts to empower cotton farmers to receive a more advantageous price for their produce. The organization serves as a vital resource for the cotton industry, helping to optimize its operations and profitability.

Is Committee For Cotton Research Inc legitimate?

Committee For Cotton Research Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Committee For Cotton Research 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: $5,483
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Committee For Cotton Research Inc?

The Committee for Cotton Research Inc is an organization dedicated to enhancing the cotton industry. Their primary mission is to conduct research, focusing on aspects such as pricing variables, grading tests, and discount analysis. The aim is to assist cotton farmers in securing better prices for their produce. By conducting these investigations, the Committee for Cotton Research Inc aims to contribute positively to the cotton industry as a whole.

What is the revenue of Committee For Cotton Research Inc?

Committee For Cotton Research Inc's revenue in 2024 was $326,550.

Who are the executives of Committee For Cotton Research Inc and what are their salaries?

Here are 7 key members and their salaries:


Jay Hardwick (Director)
  • Compensation: $1,864
  • Related: $0
  • Other: $0
John Willis (Director)
  • Compensation: $1,369
  • Related: $0
  • Other: $0
Pete Laney (Director)
  • Compensation: $750
  • Related: $0
  • Other: $0
Sherry Proctor (Director)
  • Compensation: $750
  • Related: $0
  • Other: $0
Randy Simpson (Director)
  • Compensation: $750
  • Related: $0
  • Other: $0
Shane Isbell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Committee For Cotton Research Inc?

Committee For Cotton Research Inc's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Committee For Cotton Research Inc

The Committee for Cotton Research Inc is a dedicated organization committed to enhancing the cotton industry. Their mission lies in conducting research, specifically focusing on price variations, grading tests, and discount analysis. By delving into these aspects, they strive to assist cotton farmers in securing a more favorable market price for their product. This nonprofit organization operates with the ultimate goal of improving the overall profitability and competitiveness of the cotton industry.

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Impact




October, 2024

Committee For Cotton Research Inc significantly enhances the cotton industry through targeted research initiatives. By investigating pricing variables, grading tests, and discount analysis, the organization provides critical insights that empower farmers to secure better prices for their cotton products. Based in Brownfield, Texas, their efforts promote greater economic stability and competitiveness for cotton growers, ultimately improving the overall market dynamics of the cotton industry. Through their research, they contribute to informed decision-making, helping farmers navigate pricing challenges and ensuring a more profitable outcome for their agricultural endeavors.




This information is meant to be a general summary of Committee For Cotton Research 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
$326,550 (2024)
Expenses
$337,466 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $550
  • Gross Receipts: $326,550

Assets and Liabilities:

  • Total Assets: $1,545,412
  • Total Liabilities: $0
  • Net Assets: $1,545,412

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Organization Details

Founding Year

1989

Principal Officer

Randy Simpson

NTEE Category

Code: K05 - Food

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