Indian River Citrus League
- Assets
- $435.0k
- Revenue
- $141.6k
- Investments
- $0.0
- Employees
- 2
- Location
- Fort Pierce, FL
- Founding
- 08/1952
- Data as of
- 08/2022
- EIN
- 59-0594030
Organization Overview
Indian River Citrus League is located in Fort Pierce, FL. The organization was established in 1952. 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 08/2022, Indian River Citrus League employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indian River Citrus League 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 08/2022, Indian River Citrus League generated $141.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.0%) each year. All expenses for the organization totaled $179.6k during the year ending 08/2022. As we would expect to see with falling revenues, expenses have declined by (8.1%) per year over the past 7 years. 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 PROMOTE THE MARKETING OF CITRUS PRODUCTS FOR ITS MEMBERS AND PATRON GROWERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE THE MARKETING OF CITRUS PRODUCTS FOR ITS MEMBERS AND PATRON GROWERS. ACTIVITIES ALSO INCLUDE CITRUS DISEASE RESEARCH, WATER MANAGEMENT AND LAND DEVELOPEMENT ISSUES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Douglas C Bournique Exec VP | Officer | $100,000 | |
David Howard Sec./treas/d | OfficerTrustee | $0 | |
Daniel Scott Chairman/pre | OfficerTrustee | $0 | |
Rusty Banack Director | Trustee | $0 | |
Cody Estes Director | Trustee | $0 | |
Al Brown Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $90,050 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $18,128 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,592 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $111,770 |
| Total Program Service Revenue | $0 |
| Investment income | $6 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $23,599 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $141,648 |
| 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. | $100,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $48,538 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $17,635 |
| Payroll taxes | $11,183 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $5,453 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $8,446 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $695 |
| All other expenses | $0 |
| Total functional expenses | $179,629 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $41,715 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,000 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $390,260 |
| Total assets | $434,975 |
| Accounts payable and accrued expenses | $435 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $435 |
| Net assets without donor restrictions | $274,540 |
| Net assets with donor restrictions | $160,000 |
| 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 | $434,975 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Usa Poultry & Egg Export Council Inc Tucker, GA | $13,308,225 | $13,857,439 |
Southeast United Dairy Industry Association Inc Atlanta, GA | $6,295,010 | $10,099,008 |
Peanut Institute Inc Albany, GA | $1,417,192 | $1,550,329 |
Georgia Poultry Federation Inc Gainesville, GA | $828,999 | $612,081 |
International Flight Services Association Inc Atlanta, GA | $781,889 | $478,787 |
Refrigerated Foods Association Inc Marietta, GA | $910,597 | $498,552 |
Alabama Restaurant & Hospitality Association Inc Montgomery, AL | $521,191 | $633,980 |
Southern Cotton Growers Incorporated Dawsonville, GA | $1,662,910 | $432,894 |
Florida Independent Spirits Association Tallahassee, FL | $45,147 | $203,592 |
Indian River Citrus League Fort Pierce, FL | $434,975 | $141,648 |
Georgia Academy Of Nutrition And Dietetics Inc Atlanta, GA | $106,558 | $0 |
Georgia Citrus Association Inc Valdosta, GA | $30,737 | $0 |