National Cotton Council Of America

Organization Overview

National Cotton Council Of America is located in Cordova, TN. The organization was established in 1957. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, National Cotton Council Of America employed 69 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Cotton Council Of America 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 12/2022, National Cotton Council Of America generated $15.4m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $14.6m during the year ending 12/2022. While expenses have increased by 3.4% per year over the past 4 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO ENSURE THE ABILITY OF ALL SEGMENTS OF THE US COTTON INDUSTRY TO COMPETE EFFECTIVELY AND PROFITABLY IN THE RAW COTTON, OILSEED AND VALUE ADDED PRODUCT MARKETS AT HOME AND ABROAD.

Describe the Organization's Program Activity:

Part 3 - Line 4a

COMMUNICATIONS SERVICES - EXPLAINS THE MAJOR ROLE COTTON PLAYED IN THE ECONOMY OF THE US IN TERMS OF EMPLOYMENT, WORLD TRADE, ENERGY CONSERVATION, PRODUCTIVITY AND FOOD VALUE OF COTTONSEED. PARTICIPATES WITH OTHER GROUPS TO HELP IMPROVE THE IMAGE OF COTTON AS A WHOLE.


TECHNICAL SERVICES - COORDINATES GOVERNMENT AND PRIVATE RESEARCH, PROVIDES INFORMATION TO REGULATORY AGENCIES ON HEALTH AND SAFETY MATTER, DEVELOPS PACKAGING STANDARDS AND COORDINATES PEST SUPPRESSION/ERADICATION EFFORTS.


FOREIGN OPERATIONS - IN COOPERATION WITH THE US DEPT. OF AGRICULTURE, WORKS TO INCREASE EXPORTS BY HELPING TO ARRANGE GOVERNMENT CREDIT FOR FOREIGN CUSTOMERS, SPONSORS VISITS BY TRADE TEAMS AND BRINGS FOREIGN MILL CUSTOMERS TO THE US.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$10,343,338
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$10,343,338
Total Program Service Revenue$613,540
Investment income $520,451
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income -$2,850
Net Gain/Loss on Asset Sales $7,714
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $15,366,296

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