Mississippi Crop Improvement Association
- Assets
- $394.2k
- Revenue
- $287.8k
- Investments
- $0.0
- Employees
- 3
- Location
- Missississippi State, MS
- Founding
- 02/1942
- Data as of
- 05/2022
- EIN
- 64-0309962
Organization Overview
Mississippi Crop Improvement Association is located in Missississippi State, MS. The organization was established in 1942. 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 05/2022, Mississippi Crop Improvement Association employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mississippi Crop Improvement 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 05/2022, Mississippi Crop Improvement Association generated $287.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $259.6k during the year ending 05/2022. 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 PROVIDE INSPECTION, CERTIFICATION, AND REGULATING SERVICES FOR AGRICULTURAL PRODUCTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE INSPECTION, CERTIFICATION AND REGULATING SERVICES FOR AGRICULTURAL PRODUCTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greg Flint Executive Di | Officer | 40 | $63,532 |
Cathy Booth Vice-Preside | OfficerTrustee | $0 | |
Tim Walker President | OfficerTrustee | $0 | |
Mike Francis Director | Trustee | $0 | |
Chris Hussey Director | Trustee | $0 | |
Colby Skeen Director | Trustee | $0 |
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 | $4,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,000 |
| Total Program Service Revenue | $249,006 |
| Investment income | $58 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $34,697 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $287,761 |
| 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. | $63,532 |
| Compensation of current officers, directors, key employees. | $15,883 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $74,265 |
| Pension plan accruals and contributions | $14,942 |
| Other employee benefits | $14,400 |
| Payroll taxes | $10,763 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,895 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $751 |
| Fees for services: Other | $0 |
| Advertising and promotion | $500 |
| Office expenses | $5,491 |
| Information technology | $3,382 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,741 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,107 |
| Interest | $36 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,992 |
| Insurance | $12,059 |
| All other expenses | $2,049 |
| Total functional expenses | $259,595 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $115,042 |
| Savings and temporary cash investments | $267,482 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,279 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $494 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $9,808 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $85 |
| Other assets | $0 |
| Total assets | $394,190 |
| Accounts payable and accrued expenses | $13,008 |
| 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 | $13,008 |
| Net assets without donor restrictions | $0 |
| 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 | $381,182 |
| Total liabilities and net assets/fund balances | $394,190 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alabama Crop Improvement Association Inc Headland, AL | $6,364,411 | $3,074,944 |
Knox County Farm Bureau Knoxville, TN | $1,372,068 | $906,855 |
Gap Connections Inc Knoxville, TN | $584,958 | $913,467 |
Rutherford County Farm Bureau Murfreesboro, TN | $819,491 | $805,370 |
Davidson County Farm Bureau Nashville, TN | $1,712,870 | $862,870 |
Blount County Farm Bureau Maryville, TN | $1,254,814 | $713,407 |
Shelby County Farm Bureau Memphis, TN | $643,471 | $678,632 |
Sullivan Farm Bureau Blountville, TN | $1,250,644 | $605,855 |
Williamson Farm Bureau Franklin, TN | $1,863,310 | $641,408 |
Hamilton County Farm Bureau Ooltewah, TN | $901,182 | $553,888 |
Washington County Farm Bureau Jonesborough, TN | $714,351 | $532,276 |
Maury County Farm Bureau Columbia, TN | $1,698,159 | $604,224 |