Overview
What is National Industrial Hemp Council?
The National Industrial Hemp Council (NIHC) is a prominent nonprofit organization based in Washington, D.C. Its primary objective is to advocate for and promote the production and utilization of hemp, not just in North America but globally. The organization serves as a bridge between the North American industrial hemp industry and its domestic market, while also acting as a global champion for its long-term growth and profitability. The NIHC offers resources and assistance to individuals looking to enter the industry, while educating consumers about the benefits and applications of industrial hemp. Furthermore, the council encourages networking and knowledge sharing within its community, which includes professionals from various sectors such as agriculture, business, and government. The council's operations are backed by the US Government, with a small team of experienced professionals leading the way.
Official website here: www.nihcoa.com
What do the Facebook reviews say about National Industrial Hemp Council?
100% of 6 reviewers on Facebook recommend the National Industrial Hemp Council. Here’s a summary of their reviews:
Supporters express strong enthusiasm for the nonprofit's mission to promote hemp as a significant agricultural crop. They appreciate the Council's efforts in advocating for hemp-based initiatives, highlighting its potential benefits for both the economy and the environment.
Overall, the sentiment is overwhelmingly positive, with users feeling optimistic about the Council's role in advancing the hemp industry and supporting farmers. Many see this organization as a key player in bringing hemp into mainstream agriculture and championing its diverse applications.
This AI summary has been generated from reviews found on Facebook.
Is National Industrial Hemp Council legitimate?
National Industrial Hemp Council is a legitimate nonprofit organization registered as a 501(c)(6) entity. National Industrial Hemp Council 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: $83,625
Professional Fundraising Fees: $0
Other Salaries and Wages: $225,107
For more financial information, click here
Official website here: www.nihcoa.com
What is the mission statement of National Industrial Hemp Council?
The National Industrial Hemp Council's mission is centered around promoting and advocating for the production and utilization of hemp, both domestically and internationally. They serve as representatives for the North American industrial hemp industry, fostering its growth and profitability in a sustainable manner. The council assists newcomers to the industry, educates consumers about the benefits and applications of hemp, and provides a platform for networking and resource sharing. Their senior team consists of experts from various sectors, including agriculture, business, federal, state, and private industries. The council is backed by the U.S. Government and works towards the long-term growth and success of the industrial hemp industry.
Official website here: www.nihcoa.com
Who is the CEO of National Industrial Hemp Council?
Curtis Anderson is the Chief Financial Officer of National Industrial Hemp Council. The CEO's salary of National Industrial Hemp Council is $17,497 and their total compensation is $17,497.
Official website here: www.nihcoa.com
What is the revenue of National Industrial Hemp Council?
National Industrial Hemp Council's revenue in 2022 was $646,524.
Official website here: www.nihcoa.com
Who are the executives of National Industrial Hemp Council and what are their salaries?
The average compensation at National Industrial Hemp Council during 2022 was $308,732. There is 1 employee and 2 volunteers at National Industrial Hemp Council.
Here are 13 key members and their salaries (National Industrial Hemp Council's CEO's salary is $17,497 and their total compensation is $17,497):
- Compensation: $50,499
- Related: $0
- Other: $0
- Compensation: $30,000
- Related: $0
- Other: $0
- Compensation: $17,497
- Related: $0
- Other: $0
- Compensation: $3,176
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.nihcoa.com
Where can I find the form 990 for National Industrial Hemp Council?
National Industrial Hemp Council's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nihcoa.com
Learn more at the official website: www.nihcoa.com
Mission Statement of National Industrial Hemp Council
The National Industrial Hemp Council, a renowned organization, is committed to advancing the cultivation and utilization of hemp, not just in North America but globally. Acting as a representative for the North American industrial hemp industry within its domestic market, the council also serves as a global advocate for the sustainable and profitable growth of this industry. The council's mission is multifaceted, including assisting newcomers to enter the industry, educating consumers about the numerous applications and benefits of hemp, and fostering a collaborative environment for the sharing of resources among its members. Comprising a diverse team of international, federal, state, private industry, and government professionals, the council is backed by the US Government, demonstrating its credibility and commitment to promoting the hemp industry's long-term success.
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Impact
October, 2024
The National Industrial Hemp Council (NIHC) significantly impacts the industrial hemp sector by promoting its production and utilization both in North America and globally. Through its initiatives, NIHC assists members in entering the industry, thereby broadening the participation of various stakeholders in hemp cultivation and processing.
One of the key contributions of NIHC is its annual business summit, which gathers industry leaders, legal experts, and regulatory figures to discuss crucial developments in the hemp market. This summit not only facilitates pivotal conversations but also provides educational resources and networking opportunities that are essential for both seasoned professionals and newcomers to the industry.
By advocating for sustainable growth and profitability, the NIHC helps create a more robust market environment for industrial hemp. It educates consumers about the diverse applications and benefits of hemp, fostering a better understanding of its potential in various sectors, including food, textiles, and biofuels. This strategic focus ensures that hemp emerges as a vital part of sustainable agriculture and contributes to the wider economy.
Furthermore, NIHC’s backing by the U.S. government enhances its credibility and effectiveness in representing the North American industrial hemp industry, aligning it with governmental agricultural goals and public policy efforts. Overall, the NIHC plays a crucial role in the advancement of the industrial hemp industry, driving innovation and collaboration across multiple sectors.
This information is meant to be a general summary of National Industrial Hemp Council. 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.
- Program Service Revenue: $502,025
- Gross Receipts: $646,524
Assets and Liabilities:
- Total Assets: $134,055
- Total Liabilities: $599,264
- Net Assets: -$465,209
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Market Access Program
Revenue
$174,439
Technical Assistance for Specialty Crops 05
Revenue
$170,902
Technical Assistance for Specialty Crops 06
Revenue
$142,900
Annual Membership Meeting
Revenue
$13,784
Organization Details
Founding Year
2019
Phone
(832) 714-1806Principal Officer
Curtis Anderson
Main Address
1775 I ST NW STE 1150, Washington, DC, 20005
Website
www.nihcoa.comNTEE Category
Code: K03 - Food
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