Overview
What is The Wool Trust Foundation?
The Wool Trust Foundation is a nonprofit organization that champions the welfare of the sheep industry in the United States. Its primary objective is to enhance the quality of domestic wool production, offering guidance and resources to local producers. The foundation also plays a crucial role in disseminating pertinent information to these producers and works diligently to foster and boost the wool market. In essence, The Wool Trust Foundation exists to support and strengthen the US wool industry.
Official website here: www.sheepusa.org
Is The Wool Trust Foundation legitimate?
The Wool Trust Foundation is a legitimate nonprofit organization registered as a 501(c)(5) entity. The Wool Trust Foundation 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: $310,038
Professional Fundraising Fees: $0
Other Salaries and Wages: $568,483
For more financial information, click here
Official website here: www.sheepusa.org
What is the mission statement of The Wool Trust Foundation?
The Wool Trust Foundation's mission is centered around promoting the welfare of the sheep industry and related sectors. They actively assist American wool producers in enhancing the quality of their domestic wool production. Additionally, the foundation plays a crucial role in disseminating relevant information to these producers. Furthermore, they are committed to developing and boosting the wool market, contributing to its overall growth and success.
Official website here: www.sheepusa.org
What is the revenue of The Wool Trust Foundation?
The Wool Trust Foundation's revenue in 2023 was $3,641,148.
Official website here: www.sheepusa.org
Who are the executives of The Wool Trust Foundation and what are their salaries?
The average compensation at The Wool Trust Foundation during 2023 was $73,210. There are 12 employees and 300 volunteers at The Wool Trust Foundation.
Here are 62 key members and their salaries:
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Official website here: www.sheepusa.org
Where can I find the form 990 for The Wool Trust Foundation?
The Wool Trust Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.sheepusa.org
Learn more at the official website: www.sheepusa.org
Mission Statement of The Wool Trust Foundation
The Wool Trust Foundation is dedicated to advancing the cause of sheep and related industries. This nonprofit organization works towards improving the quality of wool produced in the United States, offering assistance to domestic wool producers. The Wool Trust Foundation also plays a significant role in disseminating relevant information to producers, aiming to boost their knowledge and capabilities. Furthermore, the organization actively works on developing and promoting the wool market, contributing to the growth and success of the wool industry as a whole.
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Impact
October, 2024
The Wool Trust Foundation significantly impacts the sheep and related industries by enhancing the quality of wool produced in the United States. By providing essential resources and information to wool producers, it fosters improvements in production practices. This focus on quality not only benefits producers but also contributes to a more robust market for wool. Through its initiatives, the foundation plays a crucial role in promoting the wool market, ensuring that the interests of US wool producers are well represented and supported. This leads to a stronger connection between producers and consumers, ultimately enriching the wool industry as a whole.
This information is meant to be a general summary of The Wool Trust Foundation. 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 2023.
- Program Service Revenue: $18,570
- Gross Receipts: $3,641,148
Assets and Liabilities:
- Total Assets: $2,406,179
- Total Liabilities: $91,133
- Net Assets: $2,315,046
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONVENTIONS
Revenue
$18,570
Organization Details
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