U S Grains Council
- Assets
- $34.4m
- Revenue
- $33.3m
- Investments
- $0.0
- Employees
- 53
- Location
- Washington, DC
- Founding
- 10/1961
- Data as of
- 09/2023
- EIN
- 53-0260714
Organization Overview
U S Grains Council is located in Washington, DC. The organization was established in 1961. According to its NTEE Classification (K03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 09/2023, U S Grains Council employed 53 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. U S Grains 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 09/2023, U S Grains Council generated $33.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $32.3m during the year ending 09/2023. While expenses have increased by 5.5% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
DEVELOPING MARKETS, ENABLING TRADE, IMPROVING LIVES. THE U.S. GRAINS COUNCIL SERVES AS A GLOBAL AMBASSADOR FOR AMERICAN PRODUCERS AND AGRIBUSINESS ORGANIZATIONS. AS A MEMBERSHIP-DRIVEN ORGANIZATION, WE ARE COMMITTED TO PROMOTING FREE AND FAIR TRADE, CONDUCTING BUSINESS ETHICALLY, AND RESPECTING THE CULTURAL AND ECONOMIC NEEDS OF OUR INTERNATIONAL CUSTOMERS. WE ACTIVELY PURSUE AND SUPPORT ALLIANCES WITH LIKE-MINDED ORGANIZATIONS WORLDWIDE AND ADMINISTER MARKET DEVELOPMENT PROGRAMS IN PARTNERSHIP WITH THE FOREIGN AGRICULTURAL SERVICE (FAS). OUR COMMITMENT TO PROFESSIONALISM, COLLABORATION, AND FORWARD-THINKING ENABLES US TO EMPOWER OUR TEAM AND SUPPORT THE MISSION OF THE U.S. GRAINS COUNCIL. WE TAKE PRIDE IN IMPROVING LIVES BY ADVANCING AGRICULTURE, FEEDING COMMUNITIES, AND FOSTERING GLOBAL TRADE. OUR ENGAGEMENT IN TRADE POLICY ISSUES ALLOWS US TO EFFECTIVELY ENGAGE WITH INFLUENTIAL DECISION-MAKERS AROUND THE WORLD. WE TREAT OUR EMPLOYEES WITH RESPECT IN A FAIR AND EQUITABLE MANNER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOREIGN MARKET DEVELOPMENT - ACTIVITIES PERFORMED THROUGHOUT THE WORLD IN ORDER TO CREATE, DEVELOP, FOSTER AND PROMOTE MARKETS AND UTILIZATION OF FEED GRAINS AND THEIR CO-PRODUCTS PRODUCED IN THE UNITED STATES.
MARKET ACCESS PROGRAM - DEVELOP, MAINTAIN AND EXPAND EXPORT MARKETS FOR FEED GRAINS AND THEIR CO-PRODUCTS IN SPECIFIED COUNTRIES, ACTIVITIES FUNDED BY THE COMMODITY CREDIT CORPORATION.
COMMUNICATIONS - DISSEMINATION OF INFORMATION OF THE U.S. FEED GRAINS AND THEIR CO-PRODUCTS INDUSTRY, COUNCIL AND COUNCIL ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ryan Legrand President And CEO | OfficerTrustee | 40 | $421,105 |
Brent Boydston Chairman | OfficerTrustee | 2 | $0 |
Verity Ulibarri Vice Chairwoman | OfficerTrustee | 2 | $0 |
Mark Wilson Secretary/treasurer | OfficerTrustee | 2 | $0 |
Joshua Miller Past Chairman | OfficerTrustee | 2 | $0 |
Chad Willis Past Chairman (until 7/31/23) | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Hogan Lovells Us Llp Legal Services | 9/29/23 | $427,539 |
Centrec Consulting Group Management Consulting | 9/29/23 | $288,903 |
Green Orange Llc Management Consulting | 9/29/23 | $198,880 |
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 | $32,821,109 |
| Investment income | $5,782 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $467,364 |
| 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 | $33,297,981 |
| 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. | $2,163,717 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,839,867 |
| Pension plan accruals and contributions | $326,562 |
| Other employee benefits | $1,358,856 |
| Payroll taxes | $315,747 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $294,895 |
| Fees for services: Accounting | $40,925 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $487,566 |
| Advertising and promotion | $717,448 |
| Office expenses | $71,409 |
| Information technology | $112,002 |
| Royalties | $0 |
| Occupancy | $1,271,273 |
| Travel | $499,674 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $188,158 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $180,232 |
| Insurance | $64,766 |
| All other expenses | $451,163 |
| Total functional expenses | $32,343,833 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,597,172 |
| Savings and temporary cash investments | $493,228 |
| Pledges and grants receivable | $5,130,557 |
| Accounts receivable, net | $10,731,935 |
| 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 | $812,333 |
| Net Land, buildings, and equipment | $1,556,718 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,051,008 |
| Total assets | $34,372,951 |
| Accounts payable and accrued expenses | $3,005,589 |
| Grants payable | $0 |
| Deferred revenue | $5,736,432 |
| 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 | $9,897,542 |
| Total liabilities | $18,639,563 |
| Net assets without donor restrictions | $15,733,388 |
| 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 | $34,372,951 |