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The Wool Trust Foundation

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

EIN: 841592464 ✦ Centennial, CO ✦ Designated as a 501(c)(5)

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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: $306,038
Professional Fundraising Fees: $0
Other Salaries and Wages: $545,019

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

Who is the CEO of The Wool Trust Foundation?

Larry Kincaid is the President of The Wool Trust Foundation.


Official website here: www.sheepusa.org

What is the revenue of The Wool Trust Foundation?

The Wool Trust Foundation's revenue in 2022 was $3,550,241.


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 2022 was $77,369. There are 11 employees and 300 volunteers at The Wool Trust Foundation.


Here are 62 key members and their salaries:


Susan Shultz (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Boner (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Lehfeldt (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Benny Cox (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Clements (Executive Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bronson Corn (Executive Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Crider (Executive Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tammy Fisher (Executive Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Harlan (Executive Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laurie Hubbard (Executive Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Noh (Executive Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Smith (Executive Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Weeks (Executive Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Anchordoguy (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Aucremanne (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Auza (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Benson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Bitner (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Blattner (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Burton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Curry Campbell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeanne Carver (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cody Chambliss (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Colyer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Craig (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Crider (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Ebert (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynn Fahrmeier (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Fiegl (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mandy Fletcher (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Fletcher (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Hasbrouck (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Hubbard (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Kinney (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Latendresse (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Larochelle (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Maneotis (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Mansfield (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Martin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Melvin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brant Miller (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Okelberry (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sam Ortmann (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elaine Palm (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jimmy Parker (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pete Paris (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denise Percival (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Taylor Riggins (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Sanville (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Schauer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Regan Smith (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Sparrow Jr (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jill Swannack (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ruth Taber (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Trojanoski (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randall Vos (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debbie Webster (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Willis (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dee Wolters (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Orwick (Executive Director)
  • Compensation: $244,038
  • Related: $0
  • Other: $0
Larry Kincaid (Cfo)
  • Compensation: $62,000
  • Related: $0
  • Other: $0
Rita Kourlis (Director Of Wool Programs)
  • Compensation: $130,320
  • Related: $0
  • Other: $0


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 2022 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.

Revenue
$3,550,241 (2022)
Expenses
$3,457,419 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $15,180
  • Gross Receipts: $3,550,241

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

$15,180

Organization Details

Founding Year

2001

Principal Officer

Larry Kincaid

Main Address

9785 MAROON CIRCLE 360, CENTENNIAL, CO, 801122692

NTEE Category

Code: K20 - Food

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