Hop Research Council
- Assets
- $1.1m
- Revenue
- $890.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Hubbard, OR
- Founding
- 05/1988
- Data as of
- 12/2023
- EIN
- 36-3032383
Organization Overview
Hop Research Council is located in Hubbard, OR. The organization was established in 1988. According to its NTEE Classification (T03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hop Research Council 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 12/2023, Hop Research Council generated $890.0k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 9.3% each year. All expenses for the organization totaled $931.6k during the year ending 12/2023. While expenses have increased by 13.3% per year over the past 9 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.
Since 2015, Hop Research Council has awarded 44 individual grants totaling $4,164,614. 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
SOLICIT & PROVIDE FUNDS FOR AGRICULTURAL RESEARCH RELATED TO PRODUCTION OF HOPS IN THE US.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED RESEARCH GRANTS TO VARIOUS NON-PROFITS OR EDUCATIONAL INSTITUTIONS FOR STUDIES RELATING TO THE PRODUCTION AND QUALITY OF HOPS IN THE UNITED STATES OF AMERICA.
HOP BREEDING AND GENOMICS - BREEDING PROGRAM TRIALS IN THE FORM OF FUNDING GROW OUTS, PROCESSING, AND PLANT COSTS IS ONE OF THE SIX CORE RESEARCH PRIORITIES OF THE COUNCIL AND BENEFITS THE ENTIRE INDUSTRY BY CONTRIBUTING TOWARD THE DEVELOPMENT OF NEW PUBLIC VARIETIES, WHICH ARE AVAILABLE TO ALL GROWERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Yocum President | Trustee | 10 | $0 |
Diane Gooding Vice President | Trustee | 5 | $0 |
Graham Ollard Treasurer | Trustee | 5 | $0 |
Pattie Aron Secretary | Trustee | 5 | $0 |
Alicia Adler Executive Dir. | Trustee | 25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $171,563 |
| All other contributions, gifts, grants, and similar amounts not included above | $34,314 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $205,877 |
| Total Program Service Revenue | $680,116 |
| Investment income | $869 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $3,149 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $890,011 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $659,258 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $126,250 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,665 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $340 |
| Advertising and promotion | $3,424 |
| Office expenses | $3,220 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $10,281 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $32,289 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $931,615 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $745,396 |
| Savings and temporary cash investments | $114,948 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $274,991 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,135,335 |
| Accounts payable and accrued expenses | $418,935 |
| 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 | $0 |
| Total liabilities | $418,935 |
| Net assets without donor restrictions | $716,400 |
| 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 | $1,135,335 |
Grants Awarded
Over the last fiscal year, Hop Research Council has awarded $645,476 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
AGRICULTURAL RESEARCH FOUNDAT PURPOSE: Best Practices | $328,940 |
AGRICULTURE DEVELOPMENT GROUP PURPOSE: Hop Chlorate Trial | $55,957 |
AGRIMANAGEMENT INC PURPOSE: Drip configuration and crop study | $37,946 |
CH2O PURPOSE: TASC Grant | $37,800 |
SYNERGISTIC PESTICIDE LAB PURPOSE: Organochlorine Screening | $67,560 |
EUROFINS QTA INC PURPOSE: Validation | $8,345 |