Red River Valley Sugarbeet Growers Association Inc

Organization Overview

Red River Valley Sugarbeet Growers Association Inc is located in Fargo, ND. The organization was established in 1979. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 10/2022, Red River Valley Sugarbeet Growers Association Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Red River Valley Sugarbeet Growers Association Inc is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.

For the year ending 10/2022, Red River Valley Sugarbeet Growers Association Inc generated $2.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $1.8m during the year ending 10/2022. While expenses have increased by 2.1% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE SUGARBEET GROWERS' TRADE ASSOCIATION MISSION IS TO GROW STRONG RELATIONSHIPS AND EFFECTIVELY COMMUNICATE WITH PRODUCERS AND MEMBERS OF THE INDUSTRY; CULTIVATE INDIVIDUALS TO SERVE IN LEADERSHIP POSITIONS ACROSS THE SUGAR INDUSTRY AND IN OUR RURAL COMMUNITIES; AND PRODUCE, SUPPORT, AND ADVANCE INITIATIVES TO MAINTAIN A STRONG U.S. SUGAR PROGRAM AND CROP INSURANCE PROTECTIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ASSOCIATION CONTRIBUTES TO RESEARCH TO IMPROVE SUGARBEET VARIETIES AND EFFICIENCIES AND TO PROMOTE THE SUGAR INDUSTRY.


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Board, Officers & Key Employees

Name (title)Compensation
Harrison Weber
Executive Di
$100,000
Brent Baldwin
Vice Presidn
$0
Neil Rockstad
President
$0
Jason Schatzke
Treasurer
$0
Mark Demars
North Dakota
$0
Eric Erdman
Research & E
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$2,089,792
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$2,089,792
Total Program Service Revenue$0
Investment income $5,090
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 $2,094,882

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