Humic Products Trade Association Inc
- Assets
- $31.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Louisville, KY
- Founding
- 02/2011
- Data as of
- 12/2022
- EIN
- 27-2685156
Organization Overview
Humic Products Trade Association Inc is located in Louisville, KY. The organization was established in 2011. According to its NTEE Classification (S46) the organization is classified as: Boards of Trade, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Humic Products Trade 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 12/2022, Humic Products Trade Association Inc generated $97.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $96.4k during the year ending 12/2022. While expenses have increased by 2.9% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PARTICIPATED IN REGULATORY FORUMS TO DEVELOP DEFINITIONS FOR HUMATES, HUMIC AND FULVIC ACIDS. GAINED EXPOSURE AND MARKETING BY ATTENDING TWO TRADE SHOWS. HELD AN ANNUAL MEETING WITH SPEAKERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Russell Taylor President | 11 | $0 | |
Dr Fernando Rosario-Ortiz Director | 2.5 | $0 | |
Cherie Harms Secretary/treas | 2.5 | $0 | |
David Chinn Treasurer | 2.5 | $0 | |
Lyndon Smith Vice President | 2.5 | $0 | |
P Mark Turner Director | 2.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $88,020 |
| Total Program Service Revenue | $9,750 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $97,770 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $40,392 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,569 |
| Other expenses | $26,418 |
| Total expenses | $96,379 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $30,952 |
| Other assets | $0 |
| Total assets | $31,829 |
| Total liabilities | $100 |
| Net assets or fund balances | $31,729 |