Asian Vegetable Research And Development Center Asveg
- Assets
- $19.2m
- Revenue
- $31.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Founding
- 10/1973
- Data as of
- 12/2023
- EIN
- 23-7320169
Organization Overview
Asian Vegetable Research And Development Center Asveg is located in null. The organization was established in 1973. According to its NTEE Classification (H99) the organization is classified as: Medical Research N.E.C., under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Asian Vegetable Research And Development Center Asveg is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Asian Vegetable Research And Development Center Asveg generated $31.3m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $30.6m during the year ending 12/2023. While expenses have increased by 6.2% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ASIAN VEGETABLE RESEARCH AND DEVELOPMENT CENTER(WORLD VEG)WAS FOUNDED IN 1971 AS AN INTERNATIONAL, AUTONOMOUS, PHILANTHROPIC, NON-PROFIT RESEARCH AND DEVELOPMENT ORGANIZATION TO PROMOTE VEGETABLE PRODUCTION AND CONSUMPTION IN ASIA, WITH ITS HEADQUARTERS IN SHANHUA TAINAN, TAIWAN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VEGETABLE DIVERSITY AND IMPROVEMENT THIS FLAGSHIP BUILDS ON WORLDVEG'S UNIQUE VEGETABLE GERMPLASM COLLECTION AND ITS USE FOR TRAIT IDENTIFICATION AND BREEDING OF SELECTED PRIORITY CROPS.
SAFE & SUSTAINABLE VALUE CHAINS THIS FLAGSHIP COMBINES IMPROVED VEGETABLE SEED WITH GOOD AGRICULTURAL PRACTICES AND GOOD POSTHARVEST PRACTICES IN A VALUE CHAIN APPROACH AIMED AT MAKING VEGETABLE PRODUCTION PROFITABLE, SAFE AND SUSTAINABLE.
HEALTY DIETS THE FLAGSHIP EXPLOITS THE POTENTIAL OF NUTRIENT DENSE VEGETABLES TO FILL DIETARY GAPS AND IMPROVE DIETARY QUALITY OF VULNERABLE POPULATIONS AT RISK OF MALNUTRITION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marco Wopereis Director General | Officer | 40 | $324,534 |
Dirk Overweg Director Of Corporate Services | Officer | 40 | $199,604 |
Rugalema Gabriel Regional Director-Eastern And Southern Africa | Officer | 40 | $180,006 |
Pepijn Schreinemachers Flagship Program Leader -Enabling Impact / Healthy Diets | Officer | 40 | $117,670 |
Delphine Larrousse Regional Director-East And Southeast Asia | Officer | 40 | $118,085 |
Roland Schafleitner Flagship Program Leader - Vegetable Diversity And Improvement | Officer | 40 | $122,726 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ding Chuang Construction Co Ltd Construction Contractor | 12/30/23 | $2,517,129 |
Icon Construction Ltd Construction Contractor | 12/30/23 | $276,309 |
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 | $29,094,989 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,094,989 |
| Total Program Service Revenue | $1,661,774 |
| Investment income | $152,773 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $31,253,212 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $5,125,375 |
| Compensation of current officers, directors, key employees. | $2,432,052 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,229,203 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,759,302 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $65,278 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $4,466,553 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,083,684 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $530,620 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,754,598 |
| Insurance | $0 |
| All other expenses | $10,581,011 |
| Total functional expenses | $30,636,504 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,579,885 |
| Savings and temporary cash investments | $5,383,523 |
| Pledges and grants receivable | $2,141,009 |
| Accounts receivable, net | $563,496 |
| 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 | $2,217,668 |
| Net Land, buildings, and equipment | $331,880 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $19,217,461 |
| Accounts payable and accrued expenses | $3,198,697 |
| Grants payable | $8,061,656 |
| 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 | $2,221,741 |
| Total liabilities | $13,482,094 |
| Net assets without donor restrictions | $5,735,367 |
| 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 | $19,217,461 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|