Southern Forest Products Assoc
- Assets
- $4.2m
- Revenue
- $3.3m
- Investments
- $0.0
- Employees
- 5
- Location
- Metairie, LA
- Founding
- 11/1935
- Data as of
- 12/2023
- EIN
- 72-0322750
Organization Overview
Southern Forest Products Assoc is located in Metairie, LA. The organization was established in 1935. According to its NTEE Classification (C01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Environment and related organizations. As of 12/2023, Southern Forest Products Assoc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southern Forest Products Assoc 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 12/2023, Southern Forest Products Assoc generated $3.3m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $2.6m during the year ending 12/2023. While expenses have increased by 1.0% per year over the past 9 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
DISTRIBUTION OF EDUCATIONAL MATERIAL, ADVANCING THE SOUTHERN PINE LUMBER INDUSTRY, PROMOTES THE USE OF MEMBER PRODUCTS IN DOMESTIC AND INTERNATIONAL MARKETS, AND ALSO ORGANIZES A MACHINERY AND EQUIPMENT EXPOSITION ONCE EVERY TWO YEARS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASSOCIATION PRODUCES AND DISTRIBUTES EDUCATION MATERIAL; ADVANCES THE SOUTHERN PINE LUMBER INDUSTRY; PROMOTES THE USE OF MEMBER PRODUCTS IN DOMESTIC AND INTERNATIONAL MARKETS; FACILITATES THE EXCHANGES OF INFORMATION AND IDEAS; AND ORGANIZES A MACHINERY AND EQUIPMENT EXPOSITION APPLICABLE TO THE FOREST INDUSTRY ONCE EVERY TWO YEARS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rich Mills Board Member | Trustee | 0.3 | $0 |
Steven Anthony Board Member | Trustee | 0.3 | $0 |
Patrick Harrigan Board Member | Trustee | 0.3 | $0 |
Tyler Mcshan Board Member | Trustee | 0.3 | $0 |
Scott Vande Linde Board Member | Trustee | 0.3 | $0 |
Donny White Board Member | Trustee | 0.3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $855,399 |
| All other contributions, gifts, grants, and similar amounts not included above | $71,888 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $927,287 |
| Total Program Service Revenue | $2,017,811 |
| Investment income | $138,584 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $221,836 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,305,518 |
| 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. | $156,100 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $408,222 |
| Pension plan accruals and contributions | $24,833 |
| Other employee benefits | $69,462 |
| Payroll taxes | $42,842 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $37,956 |
| Fees for services: Accounting | $9,434 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $34,000 |
| Advertising and promotion | $916,612 |
| Office expenses | $70,770 |
| Information technology | $73,940 |
| Royalties | $0 |
| Occupancy | $51,973 |
| Travel | $58,016 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $31,169 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,187 |
| Insurance | $29,184 |
| All other expenses | $192,337 |
| Total functional expenses | $2,606,859 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $359,891 |
| Savings and temporary cash investments | $3,224,704 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $373,163 |
| 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 | $141,553 |
| Net Land, buildings, and equipment | $3,478 |
| Investments—publicly traded securities | $20,627 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $76,738 |
| Total assets | $4,200,154 |
| Accounts payable and accrued expenses | $80,172 |
| Grants payable | $0 |
| Deferred revenue | $111,000 |
| 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 | $76,738 |
| Total liabilities | $267,910 |
| Net assets without donor restrictions | $3,932,244 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $4,200,154 |