Texas Pork Producers Association
- Assets
- $1.0m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 4
- Location
- Lubbock, TX
- Founding
- 07/1968
- Data as of
- 12/2023
- EIN
- 74-6105631
Organization Overview
Texas Pork Producers Association is located in Lubbock, TX. The organization was established in 1968. 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 12/2023, Texas Pork Producers Association employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas Pork Producers 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 12/2023, Texas Pork Producers Association generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.7% each year . All expenses for the organization totaled $842.6k during the year ending 12/2023. While expenses have increased by 7.6% per year over the past 8 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
DEVELOP, PROMOTE, AND IMPLEMENT EDUCATIONAL PROGRAMS FOR THE IMPROVEMENT AND PROMOTION OF PORK PRODUCTION AND PORK PRODUCERS WITHIN TEXAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESOURCE DEVELOPMENT - DEVELOP AND RECOGNIZE PRODUCER LEADERSHIP, ENCOURAGE YOUTH INVOLVEMENT, COMMUNICATE WITH PRODUCERS AND PROVIDE ACCOUNTABILITY FOR EFFECTIVE USE OF FUNDS AND ASSETS.
PUBLIC POLICY- BE INVOLVED IN THE DEVELOPMENT AND COMMUNICATION OF PUBLIC POLICIES THAT IMPACT THE PORK INDUSTRY IN PARTICULAR AND AGRICULTURE IN GENERAL.CONSUMER INFORMATION/PROMOTION- INCREASE CONSUMPTION OF PORK, PROVIDE FACTUAL INFORMATION TO CONSUMERS AND ENCOURAGE BETTER PORK MARKETING BY RETAILERS.
PRODUCTION TECHNOLOGY AND EDUCATION - PROVIDE EDUCATIONAL OPPORTUNITIES FOR PRODUCERS IN ORDER TO PROVIDE OPPORTUNITIES TO OPERATE EFFICIENTLY AND PRODUCE BETTER PRODUCT.
THROUGH A VARIETY OF PROGRAMS, OUR ORGANIZATION IS ABLE TO EDUCATE ON THE PORK INDUSTRY AS A WHOLE, RANGING FROM PRODUCTION PRACTICES IN THE AREAS OF NUTRITION, BREEDING, REPRODUCTION, MANAGEMENT, FACILITIES, ETC. TO PROMOTING A POSITIVE IMAGE THROUGH EDUCATION OF ANIMAL/HUMAN HEALTH, FOOD SAFETY AND ANIMAL CARE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Krohn Josh President | OfficerTrustee | 0.4 | $0 |
Baumert Peter President Elect | OfficerTrustee | 0.4 | $0 |
Rains Cory Vice President | OfficerTrustee | 0.3 | $0 |
Alderson Doug Director | Trustee | 0.3 | $0 |
Schaefer Doug Past President | Trustee | 0.3 | $0 |
Berger Coby Director | Trustee | 0.3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $17,618 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $485,426 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $503,044 |
| Total Program Service Revenue | $525,787 |
| Investment income | $17,166 |
| 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 | $9,185 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,086,867 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $21,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $70,797 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $59,380 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,915 |
| Payroll taxes | $10,027 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,187 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $61,017 |
| Office expenses | $5,179 |
| Information technology | $31,520 |
| Royalties | $0 |
| Occupancy | $27,323 |
| Travel | $14,816 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $44,481 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,975 |
| Insurance | $5,762 |
| All other expenses | $3,742 |
| Total functional expenses | $842,631 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $458,261 |
| Savings and temporary cash investments | $534,676 |
| 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 | $5,391 |
| Net Land, buildings, and equipment | $37,525 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,035,853 |
| 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 | $430,851 |
| Net assets with donor restrictions | $605,002 |
| 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 | $1,035,853 |