Turfgrass Producers International
- Assets
- $1.1m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 3
- Location
- Lombard, IL
- Founding
- 08/2017
- Data as of
- 12/2022
- EIN
- 36-3598385
Organization Overview
Turfgrass Producers International is located in Lombard, IL. The organization was established in 2017. 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 12/2022, Turfgrass Producers International employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Turfgrass Producers International 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, Turfgrass Producers International generated $1.2m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $1.5m during the year ending 12/2022. 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
THE ORGANIZATION IS AN INTERNATIONAL TRADE ORGANIZATION DEDICATED TO THE ADVANCEMENT OF THE TURFGRASS INDUSTRY WORLDWIDE BY PROMOTING IMPROVED PRACTICES AND THE PROFESSIONAL DEVELOPMENT OF ITS MEMBERS THROUGH EDUCATION AND RESEARCH, WITH AN ONGOING FOCUS ON THE ENHANCEMENT OF THE ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL CONFERENCE - THE ORGANIZATION HOLDS AN INTERNATIONAL CONFERENCE AND VARIOUS PROGRAMS, MEETINGS, AND EVENTS THROUGHOUT THE YEAR THAT PROMOTE EDUCATION IN THE TURFGRASS INDUSTRY. THESE PROGRAMS INCLUDE A VARIETY OF EDUCATIONAL SESSIONS ON RELEVANT INDUSTRY TOPICS AND PROVIDE MEMBERS WITH EXHIBIT AND SPONSORSHIP OPPORTUNITIES.
PUBLICATION - THE ORGANIZATION PROVIDES A BI-MONTHLY MAGAZINE THAT FOCUSES ON THE BUSINESS OF TURGFRASS, INCLUDING INDUSTRY TRENDS, PRODUCT NEWS, TECHNICAL INFORMATION, MARKETING, RESEARCH, GOVERNMENT ISSUES, HUMAN RESOURCES, SEED AND PLANTING STOCK, EQUIPMENT/MACHINERY, FARM PROFILES, AND VITAL INDUSTRY AND ASSOCIATION NEWS.
MEMBER SERVICES - THE ORGANIZATION PROVIDES MEMBER SUPPORT SERVICES AND ACCESS TO VARIOUS RESOURCES AND BENEFITS, PROVIDING THE OPPORTUNITY TO INTERACT AND EXCHANGE IDEAS WITH FELLOW TURFGRASS PRODUCERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Keeven President | OfficerTrustee | 3 | $0 |
Bob Mccurdy Vice President | OfficerTrustee | 3 | $0 |
Diane Miscel Secretary/treasurer | OfficerTrustee | 3 | $0 |
Steven Griffen Past President | OfficerTrustee | 3 | $0 |
Lindy Murff Trustee | Trustee | 3 | $0 |
Ron Schiedel Trustee | Trustee | 3 | $0 |
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 | $1,165,466 |
| Investment income | $10,642 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$2,042 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,178,692 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,420 |
| 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. | $159,375 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $146,638 |
| Pension plan accruals and contributions | $15,170 |
| Other employee benefits | $9,000 |
| Payroll taxes | $23,813 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $228 |
| Fees for services: Accounting | $16,650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,104 |
| Fees for services: Other | $120,962 |
| Advertising and promotion | $17,616 |
| Office expenses | $26,366 |
| Information technology | $57,841 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $28,721 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $525,074 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $9,144 |
| All other expenses | $40,589 |
| Total functional expenses | $1,483,407 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $435,315 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $42,947 |
| 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 | $206,913 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $381,822 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,066,997 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $605,795 |
| 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 | $605,795 |
| Net assets without donor restrictions | $461,202 |
| 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 | $1,066,997 |