Carolina Feed Industry Association
- Assets
- $282.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Raleigh, NC
- Founding
- 10/2003
- Data as of
- 12/2018
- EIN
- 56-1373032
Organization Overview
Carolina Feed Industry Association is located in Raleigh, NC. The organization was established in 2003. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carolina Feed Industry Association is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2018, Carolina Feed Industry Association generated $37.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (8.7%) each year. All expenses for the organization totaled $49.7k during the year ending 12/2018. As we would expect to see with falling revenues, expenses have declined by (3.9%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2018
Describe the Organization's Program Activity:
Part 3
CONVENTIONS ALLOW MEMBERS TO LEARN MORE ABOUT RESEARCH, TECHNOLOGY, AND MARKETING PROGRAMS AFFECTING THE FEED INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bonnie Holloman Exec Directo | 15 | $15,300 | |
Danny Sanders President | 0 | $0 | |
Connie Smith Past Preside | 0 | $0 | |
Chandler Adams Board Member | 0 | $0 | |
Sherry Rector Board Member | 0 | $0 | |
Jackie Bunch Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $29,715 |
| Membership dues | $8,200 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $37,918 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $16,956 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $884 |
| Other expenses | $31,898 |
| Total expenses | $49,738 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $282 |
| Other assets | $0 |
| Total assets | $282 |
| Total liabilities | $0 |
| Net assets or fund balances | $282 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Southeast United Dairy Industry Association Inc Atlanta, GA | $6,295,010 | $10,099,008 |
Fertilizer Institute Arlington, VA | $18,942,460 | $8,038,493 |
Snac International Arlington, VA | $7,767,502 | $4,045,674 |
Feeding The Carolinas Raleigh, NC | $945,910 | $2,848,131 |
Peanut Institute Inc Albany, GA | $1,417,192 | $1,550,329 |
Georgia Poultry Federation Inc Gainesville, GA | $828,999 | $612,081 |
Blue Ridge Women In Agriculture Boone, NC | $327,063 | $1,118,952 |
North Carolina Peanut Growers Assn Inc Nashville, NC | $2,408,453 | $1,016,159 |
International Flight Services Association Inc Atlanta, GA | $781,889 | $478,787 |
North Carolina Brewers Guild Inc Raleigh, NC | $316,923 | $663,818 |
Refrigerated Foods Association Inc Marietta, GA | $910,597 | $498,552 |
Southern Cotton Growers Incorporated Dawsonville, GA | $1,662,910 | $432,894 |