Catfish Farmers Of Mississippi
- Assets
- $284.2k
- Revenue
- $30.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Indianola, MS
- Founding
- 09/1979
- Data as of
- 12/2022
- EIN
- 64-0628607
Organization Overview
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 12/2022, Catfish Farmers Of Mississippi generated $30.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $35.8k during the year ending 12/2022. 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
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 FARM-RAISED, CULTURED CATFISH.
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Board, Officers & Key Employees
| 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 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $29,617 |
| 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 | $29,617 |
| Total Program Service Revenue | $0 |
| Investment income | $1,049 |
| 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 | $30,666 |
| 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 | $30,150 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $670 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,928 |
| Office expenses | $2,012 |
| 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 | $35,760 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $45,279 |
| Savings and temporary cash investments | $238,970 |
| 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 | $284,249 |
| Accounts payable and accrued expenses | $126 |
| 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 | $126 |
| 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 | $284,123 |
| Total liabilities and net assets/fund balances | $284,249 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Recirculating Farms Coalition New Orleans, LA | $1,618,016 | $1,507,053 |
Alabama Restaurant & Hospitality Association Inc Montgomery, AL | $521,191 | $633,980 |
Mid-South Soybean Board Inc Little Rock, AR | $766,232 | $503,717 |
Adventist Agricultural Association Williamsport, TN | $134,372 | $262,973 |
Ozark Food Processors Association Fayetteville, AR | $0 | $0 |
Mississippi School Nutrition Association Byram, MS | $101,145 | $126,518 |
Mississippi Nursery Association Brandon, MS | $273,629 | $69,733 |
Mississippi Sweet Potato Council Vardaman, MS | $272,795 | $28,467 |
Alabama Dietetic Association Inc Montgomery, AL | $183,691 | $0 |
Catfish Farmers Of Mississippi Indianola, MS | $284,249 | $30,666 |