Sugar Association Inc
- Assets
- $5.0m
- Revenue
- $4.3m
- Investments
- $0.0
- Employees
- 6
- Location
- Washington, DC
- Founding
- 03/1950
- Data as of
- 06/2023
- EIN
- 13-2614920
Organization Overview
Sugar Association Inc is located in Washington, DC. The organization was established in 1950. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2023, Sugar Association Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sugar Association Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2023, Sugar Association Inc generated $4.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.3%) each year. All expenses for the organization totaled $4.3m during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (5.8%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Sugar Association Inc has awarded 30 individual grants totaling $1,016,552. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
ENHANCE CONSUMER UNDERSTANDING AND CONFIDENCE OF SUGAR'S ROLE IN A BALANCED DIET.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ENGAGEMENTWE TELL THE STORY OF SUGAR, ITS PEOPLE AND THE RICH HISTORY OF OUR PROUD INDUSTRY. WE SHARE RESOURCES FOR MEMBERS TO USE IN THEIR COMMUNITIES AND PROVIDE UPDATES ABOUT THE LATEST ISSUES FACING SUGAR. WE ARE ALSO HERE TO SHARE OUR KNOWLEDGE OF SUGAR TO HELP PEOPLE UNDERSTAND THE ROLE SUGAR PLAYS IN A NUTRITIOUS, BALANCED AND ENJOYABLE DIET, BUT THAT IS NOT ALL. PROFESSIONALS IN EDUCATION, NUTRITION, HEALTH AND FOOD LOOK TO US AS A KNOWLEDGEABLE RESOURCE ON SUGAR AND RELY ON THE INTEGRITY OF OUR INFORMATION TO SHAPE DIETARY ADVICE, HEALTH PROGRAMS, RECIPE FORMULATIONS AND MORE. WE BELIEVE SUGAR IS BEST ENJOYED IN BALANCE.
SCIENCETHROUGHOUT OUR HISTORY WE HAVE EMBRACED SCIENTIFIC RESEARCH AND INNOVATION TO LEARN AS MUCH AS POSSIBLE ABOUT SUGAR, DIET AND HEALTH. WE WORK TO LEARN MORE EVERY DAY BY TRANSPARENTLY SUPPORTING NEW RESEARCH THAT HELPS US UNDERSTAND FOOD, NUTRITION AND THE ROLE SUGAR PLAYS IN OUR EVOLVING EATING HABITS. TO BE A SOURCE OF CREDIBLE, TRANSPARENT SCIENTIFIC INFORMATION AND MAKE SURE OUR MATERIALS AND COMMUNICATIONS ARE GROUNDED IN THE LATEST SCIENTIFIC RESEARCH, WE'RE ALWAYS REVIEWING NEW AND EXISTING RESEARCH, REVIEWS AND POSITION STATEMENTS.
POLICYWE WORK TO ENSURE POLICIES ARE GROUNDED IN STRONG SCIENCE, AND WE ACTIVELY SUPPORT POLICIES THAT ARE. WE PARTICIPATE IN THIS PROCESS BY PROVIDING PUBLIC COMMENTS ABOUT PROPOSED RULES AND REGULATIONS AND SHARING INFORMATION WITH FEDERAL AGENCIES ABOUT THE SCIENCE OF SUGAR AND HEALTH, AND THE MULTIFACETED ROLE OF SUGAR IN NUTRIENT-DENSE FOODS AND AN OVERALL BALANCED DIET.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
P Courtney Gaine President & CEO | OfficerTrustee | 40 | $496,025 |
Mike Gorrell Chairman | OfficerTrustee | 0.5 | $0 |
Tom Astrup Vice Chairman | OfficerTrustee | 0.5 | $0 |
John Mccreedy Secretary | OfficerTrustee | 0.5 | $0 |
Matt Hoffman Treasurer | OfficerTrustee | 0.5 | $0 |
Erik Benson Director (as Of 2/23) | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Repequity Llc Digital Marketing Services | 6/29/23 | $375,312 |
Olsson Frank Weeda Terman Bode Policy Consultants | 6/29/23 | $184,835 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $4,158,407 |
| Investment income | $44,055 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $86,096 |
| Net Gain/Loss on Asset Sales | $4,230 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,292,788 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $121,586 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $20,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $825,416 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $383,770 |
| Pension plan accruals and contributions | $28,014 |
| Other employee benefits | $28,867 |
| Payroll taxes | $61,391 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $35,934 |
| Fees for services: Accounting | $32,087 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,221,213 |
| Advertising and promotion | $405,151 |
| Office expenses | $61,394 |
| Information technology | $93,097 |
| Royalties | $0 |
| Occupancy | $297,264 |
| Travel | $74,609 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $128,632 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $103,667 |
| Insurance | $32,367 |
| All other expenses | $664 |
| Total functional expenses | $4,294,273 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $670,561 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $143,218 |
| Net Land, buildings, and equipment | $341,060 |
| Investments—publicly traded securities | $2,495,757 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,307,447 |
| Total assets | $4,958,043 |
| Accounts payable and accrued expenses | $418,662 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,785,942 |
| Total liabilities | $2,204,604 |
| Net assets without donor restrictions | $2,753,439 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,958,043 |
Grants Awarded
Over the last fiscal year, Sugar Association Inc has awarded $116,086 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN SOCIETY FOR NUTRITION PURPOSE: RESEARCH GRANT | $95,758 |
HOME BAKING ASSOCIATION PURPOSE: EDUCATIONAL PROJECTS | $7,828 |
NATIONAL CONSUMERS LEAGUE PURPOSE: TRUMPETER SPONSOR | $12,500 |