Virginia Peanut Growers Assn Inc

Organization Overview

Virginia Peanut Growers Assn Inc is located in Franklin, VA. The organization was established in 1949. According to its NTEE Classification (K28) the organization is classified as: Farm Bureaus & Granges, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 06/2021, Virginia Peanut Growers Assn Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Virginia Peanut Growers Assn 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 06/2021, Virginia Peanut Growers Assn Inc generated $360.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $274.4k during the year ending 06/2021. While expenses have increased by 6.3% 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

PEANUT PROMOTION

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROMOTION OF PEANUT PRODUCTS AND PEANUT INDUSTRY


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Board, Officers & Key Employees

Name (title)Compensation
Thomas R Cotton Jr
Exec Secreta
$32,566
Wesley Barnes
Vice Preside
$0
Rich Williams
President
$0
Charles Archer
Director
$0
Eric Bailey
Director
$0
Travis Bailey
Director
$0

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$350,735
Investment income $9,292
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$1,025
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $360,498

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