Wheat Foods Council is located in Littleton, CO. The organization was established in 1982. According to its NTEE Classification (K99) the organization is classified as: Food, Agriculture & Nutrition N.E.C., under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 06/2022, Wheat Foods Council employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wheat Foods 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 06/2022, Wheat Foods Council generated $727.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $849.5k during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTION OF WHEAT FOODS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION FUNDS EXHIBITS,CONVENTIONS,PUBLICATIONS AND VIDEOS PROMOTING WHEAT FOODS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tim O' Connor President | Officer | 40 | $194,617 |
Kent Juliot Vice Chair | OfficerTrustee | 0 | $0 |
Hayden Wands Past Chair | OfficerTrustee | 0 | $0 |
Darby Campsey Chair | OfficerTrustee | 0 | $0 |
Ron Suppes Treasurer/secretary | OfficerTrustee | 0 | $0 |
Vance Taylor Director | Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $715,036 |
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 | $715,036 |
Total Program Service Revenue | $10,950 |
Investment income | $1,898 |
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 | $727,884 |
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. | $192,312 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $45,460 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $16,089 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $12,948 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $23,584 |
Office expenses | $2,995 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $59,688 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $2,924 |
All other expenses | $0 |
Total functional expenses | $849,500 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $323,634 |
Savings and temporary cash investments | $661,425 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $32,470 |
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 | $1,017,529 |
Accounts payable and accrued expenses | $48,331 |
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 | $48,331 |
Net assets without donor restrictions | $969,198 |
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 | $1,017,529 |
Over the last fiscal year, we have identified 1 grants that Wheat Foods Council has recieved totaling $17,800.
Awarding Organization | Amount |
---|---|
Ohio Small Grains Marketing Program Delaware, OH PURPOSE: MD&P | $17,800 |
Organization Name | Assets | Revenue |
---|---|---|
Charterchoice Collaborative Sfa Denver, CO | $2,678,957 | $8,056,334 |
Just Food Of Douglas County Inc Lawrence, KS | $2,657,319 | $3,666,503 |
Providers Network Inc Lincoln, NE | $216,671 | $1,920,685 |
Boulder County Farmers Market Longmont, CO | $1,049,781 | $2,025,906 |
Oklahoma Restaurant Association Oklahoma City, OK | $968,278 | $1,465,043 |
Rocky Mountain Farmers Union Educational And Charitable Denver, CO | $1,812,401 | $1,385,913 |
Wheat Foods Council Littleton, CO | $1,017,529 | $727,884 |
Three Sisters Kitchen Albuquerque, NM | $741,147 | $1,214,959 |
Amercian Cheese Society Inc Aurora, CO | $879,353 | $747,562 |
Slow Food Usa Inc Jackson, WY | $277,125 | $784,406 |
Utah Restaurant Association Salt Lake City, UT | $1,000,142 | $827,170 |
Kirchner Impact Foundation Glen Haven, CO | $793,810 | $530,000 |