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New Mexico Peanut Research Board

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

EIN: 850455179 ✦ Portales, NM ✦ Designated as a 501(c)(5)

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Overview

What is New Mexico Peanut Research Board?

The New Mexico Peanut Research Board is an agricultural nonprofit organization situated in Portales, New Mexico. Their primary focus is on conducting research and development programs for the Valencia peanut crop. This organization's mission is to foster advancement within the industry, aiming to enhance the growth and productivity of Valencia peanuts. By facilitating research and development, they contribute to the betterment of the peanut sector in New Mexico.

Is New Mexico Peanut Research Board legitimate?

New Mexico Peanut Research Board is a legitimate nonprofit organization registered as a 501(c)(5) entity. New Mexico Peanut Research Board submitted a form 990EZ, 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.

What is the mission statement of New Mexico Peanut Research Board?

The New Mexico Peanut Research Board is dedicated to conducting research and development programs for the Valencia peanut. As an agricultural organization, its primary focus is on advancing this specific crop within the industry. The board's mission is to facilitate research and development within the field, aiming to contribute to the overall growth and improvement of the Valencia peanut industry. Located in Portales, NM, the New Mexico Peanut Research Board plays a significant role in driving innovation and progress in the Valencia peanut sector.

Who is the CEO of New Mexico Peanut Research Board?

Leonard Stanton is the President of New Mexico Peanut Research Board.

What is the revenue of New Mexico Peanut Research Board?

New Mexico Peanut Research Board's revenue in 2023 was $577.

Who are the executives of New Mexico Peanut Research Board and what are their salaries?


Here are 5 key members and their salaries:


Leonard Stanton (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leonard Stanton (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leonard Stanton (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leonard Stanton (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leonard Stanton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for New Mexico Peanut Research Board?

New Mexico Peanut Research Board's most recent form 990EZ was submitted in 2023 and can be accessed here.

Mission Statement of New Mexico Peanut Research Board

The New Mexico Peanut Research Board is dedicated to conducting research and development programs for the Valencia peanut. As an agricultural organization, its primary focus is on advancing this specific crop within the industry. The board's mission is to facilitate research and development within the Valencia peanut sector, aiming to drive progress and innovation in the field.

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Impact




October, 2024

The New Mexico Peanut Research Board significantly impacts the agricultural landscape by focusing on the research and development of Valencia peanuts. By facilitating innovative practices and advancements within the industry, it enhances the productivity and viability of this vital crop. Located in Portales, NM, the board's initiatives support local farmers, promote sustainable practices, and contribute to the overall growth of the peanut sector. Through its dedicated research programs, the organization also plays a crucial role in improving the quality and marketability of Valencia peanuts, ultimately benefiting the economy and food supply in the region.




This information is meant to be a general summary of New Mexico Peanut Research Board. 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
$577 (2023)
Expenses
$7,277 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $10
  • Program Service Revenue: $567
  • Gross Receipts: $577

Assets and Liabilities:

  • Total Assets: $83,403
  • Total Liabilities: $0
  • Net Assets: $83,403

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Organization Details

Principal Officer

Leonard Stanton

Main Address

PO Box 1018, Portales, NM, 88130

NTEE Category

Code: K20 - Food

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