National Grain And Feed Association is located in Arlington, VA. The organization was established in 1959. According to its NTEE Classification (H99) the organization is classified as: Medical Research N.E.C., under the broad grouping of Medical Research and related organizations. As of 01/2022, National Grain And Feed Association employed 15 individuals. This organization is the central organization for a national or regional group of organizations. National Grain And Feed Association 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 01/2022, National Grain And Feed Association generated $5.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $5.7m during the year ending 01/2022. While expenses have increased by 5.0% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT THE GRAIN AND FEED INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE NATIONAL GRAIN AND FEED ASSOCIATION PROVIDES EXPERTISE AND PRACTICAL EXPERIENCE IN FORMULATING POSITIONS AND TRAINING ON ISSUES CONFRONTING THE INDUSTRY, THE DIVERSITY OF INDIVIDUALS, AND THEIR RESPECTIVE BUSINESSES THAT COMPRISE THE COMMITTEES, ENSURES THAT THE POLICIES DEVELOPED ARE REPRESENTATIVE OF THE OVERALL MEMBERSHIP AND BENEFIT A BROAD CROSS SECTION OF THE INDUSTRY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael Seyfert President As Of March 2021 | Officer | 39 | $356,359 |
Charles Delacruz Senior Vp General Counsel & Board Secretary | Officer | 40 | $291,290 |
David Fairfield Sr. Vice President | Officer | 40 | $269,778 |
Jess Mccluer Vp, Safety And Regulatory Affairs | Officer | 40 | $240,254 |
Randall Gordon President Until March 2021 | Officer | 39 | $239,899 |
Robert Frederick Sr Vp Legislative Affairs & Public Policy | Officer | 40 | $227,552 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Gkg Law Pc Legal | 1/30/15 | $251,305 |
Arent Fox Llp Legal | 1/30/15 | $175,202 |
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 | $5,271,208 |
Investment income | $360,459 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$27,384 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $5,604,417 |
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. | $2,107,638 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,617,060 |
Pension plan accruals and contributions | $101,598 |
Other employee benefits | $163,577 |
Payroll taxes | $172,213 |
Fees for services: Management | $0 |
Fees for services: Legal | $53,563 |
Fees for services: Accounting | $27,983 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $39,738 |
Fees for services: Other | $6,000 |
Advertising and promotion | $0 |
Office expenses | $105,537 |
Information technology | $79,095 |
Royalties | $0 |
Occupancy | $240,553 |
Travel | $58,829 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $688,517 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $84,375 |
Insurance | $15,993 |
All other expenses | $3,917 |
Total functional expenses | $5,650,364 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $292,849 |
Savings and temporary cash investments | $358,066 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $170,032 |
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 | $123,683 |
Net Land, buildings, and equipment | $326,642 |
Investments—publicly traded securities | $9,544,318 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $10,815,590 |
Accounts payable and accrued expenses | $874,797 |
Grants payable | $0 |
Deferred revenue | $324,370 |
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 | $717,759 |
Total liabilities | $1,916,926 |
Net assets without donor restrictions | $8,898,664 |
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 | $10,815,590 |
Organization Name | Assets | Revenue |
---|---|---|
Institute For Humane Studies Arlington, VA | $19,221,469 | $20,882,389 |
Medical Device Innovation Consortium Arlington, VA | $8,765,414 | $16,908,156 |
Council Of Independent Colleges Washington, DC | $74,304,856 | $12,399,028 |
Johnston-Lee-Harnett Community Action Incorporated Smithfield, NC | $2,342,060 | $13,580,773 |
University Of Maryland Family Medicine Associates Pa Baltimore, MD | $1,189,573 | $10,954,092 |
Friedreichs Ataxia Research Alliance Fara Springfield, VA | $7,478,784 | $7,717,778 |
International Society On Thrombosis And Haemostasis Inc Carrboro, NC | $25,182,348 | $9,872,487 |
Institute For Medical Research Inc Durham, NC | $6,550,784 | $5,925,427 |
Council Of The Great City Schools Washington, DC | $15,898,076 | $7,382,134 |
National Grain And Feed Association Arlington, VA | $10,815,590 | $5,604,417 |
Copper Development Association Inc Mclean, VA | $5,141,566 | $5,540,739 |
Heineman-Robicsek Foundation Inc Charlotte, NC | $7,695,245 | $5,065,349 |