Catfish Farmers Of Mississippi is located in Indianola, MS. The organization was established in 1979. 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. Catfish Farmers Of Mississippi is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2023, Catfish Farmers Of Mississippi generated $35.3k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $31.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (4.8%) per year over the past 5 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THIS NONPROFIT MISSISSIPPI CORPORATION WAS FORMED FOR THE PURPOSE OF ASSIMILATING AND DISSEMINATING INFORMATION TO ITS MEMBERS PERTAINING TO SPAWNING, RAISING, PRODUCING, HARVESTING, PROCESSING, STORING, TRANSPORTING, AND MARKETING OF FARM-RAISED, CULTURED CATFISH AND TO ASSIMILATE AND DISSEMINATE INFORMATION PERTIANING TO ANYTHING INCIDENTAL THERETO; TO ASSOCIATE ITS MEMBERS TOGETHER AS A BUSINESS LEAGUE FOR THE MUTUAL EXCHANGE OF IDEAS; TO PROMOTE EDUCATIONAL AND VOCATIONAL PROGRAMS PERTAINING TO FARM-RAISED, CULTURED CATFISH PRODUCTION AND RELATED MATTERS; TO ENCOURAGE AND PROMOTE THE ESTABLISHMENT OF SOUND FARM-RAISED, CULTURED CATFISH PRODUCTION AND MARKETING OPRATIONS; TO PROMOTE THE DEVELOPMENT OF FARM-RAISED, CULTURED CATFISH PRODUCTION AS A THRIVING COMMERCIAL DEVELOPMENT FOR THE BENEFIT OF THE INDIVIDUAL MEMBERS AND FOR THE ECONOMIC BENEFIT OF THE CITIZENS AND PEOPLE OF THIS STATE; AND, DO ANY AND ALL ACTS AND DEEDS NECESSARY AND/OR INCIDENTAL TO THE ACCOMPLISHMENT OF THE ABO
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTINUE TO ASSIMILATE AND DISSEMINATE INFORMATION REGARDING ALL ACTIVITIES RELATED TO FARM-RAISED, CULTURED CATFISH.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Andy Jones Chairman | OfficerTrustee | $0 | |
Chris Mcglawn President | OfficerTrustee | $0 | |
Ed Pentecost Officer | OfficerTrustee | $0 | |
Houston Battle Officer | Officer | $0 | |
Dan Bradshaw Officer | Officer | $0 | |
Bobby Jones Officer | Officer | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $33,892 |
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 | $33,892 |
Total Program Service Revenue | $0 |
Investment income | $1,410 |
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 | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $35,302 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $20,650 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $391 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $9,073 |
Office expenses | $1,725 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
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 | $0 |
All other expenses | $0 |
Total functional expenses | $31,839 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $47,206 |
Savings and temporary cash investments | $240,380 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $0 |
Total assets | $287,586 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
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 | $287,586 |
Total liabilities and net assets/fund balances | $287,586 |
Organization Name | Assets | Revenue |
---|---|---|
Recirculating Farms Coalition New Orleans, LA | $1,664,843 | $1,151,513 |
Alabama Restaurant & Hospitality Association Inc Montgomery, AL | $686,273 | $685,881 |
Mid-South Soybean Board Inc Little Rock, AR | $907,971 | $543,001 |
Adventist Agricultural Association Williamsport, TN | $57,103 | $337,450 |
Ozark Food Processors Association Fayetteville, AR | $0 | $0 |
Vermilion Parish Cattlemensassociation Abbeville, LA | $7,323 | $156,961 |
Mississippi Sweet Potato Council Vardaman, MS | $263,035 | $96,328 |
Mississippi School Nutrition Association Byram, MS | $101,145 | $126,518 |
Teche Growers Association Jeanerette, LA | $360,685 | $0 |
Alabama Dietetic Association Inc Montgomery, AL | $167,154 | $0 |
Arkansas Green Industry Association Little Rock, AR | $54,130 | $0 |
Mississippi Nursery Association Brandon, MS | $306,864 | $78,767 |
Catfish Farmers Of Mississippi Indianola, MS | $287,586 | $35,302 |
Southeastern Red Angus Association Inc Columbia, AL | $49,711 | $0 |