Texas Cotton Ginners Association Inc

Organization Overview

Texas Cotton Ginners Association Inc is located in Round Rock, TX. The organization was established in 1930. 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 04/2022, Texas Cotton Ginners Association Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas Cotton Ginners Association Inc 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 04/2022, Texas Cotton Ginners Association Inc generated $1.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $1.3m during the year ending 04/2022. While expenses have increased by 4.4% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO FOSTER THE TRADE, COMMERCIAL AND BUSINESS INTERESTS OF ITS MEMBERS AND COTTON INDUSTRY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

AT THE COTTON GINNERS' ASSOCIATION ANNUAL CONVENTION ALL FACETS OF THE GINNING INDUSTRY ARE BROUGHT TOGETHER TO REVIEW CURRENT TECHNOLOGY AND OVERALL CHANGES WITHIN THE COTTON GINNING INDUSTRY. APPROXIMATELY 2,200 ATTENDED.


"RED BOOK" PUBLICATION - DIRECTORY OF COTTON GINS AND STATISTICAL INFORMATION RELATED TO THE INDUSTRY.


SPECIAL RESEARCH PROJECTS ASSOCIATED WITH ISSUES CONFRONTING THE INDUSTRY AS A WHOLE.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $77,552
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$77,552
Total Program Service Revenue$1,300,349
Investment income $83,214
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $21,200
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,497,315

Grants Awarded

Over the last fiscal year, Texas Cotton Ginners Association Inc has awarded $13,625 in support to 2 organizations.

Grant RecipientAmount

TEXAS A&M FOUNDATION

Org PageRecipient Profile

College Station, TX

PURPOSE: TO PROVIDE SCHOLARSHIPS FOR STUDENTS PURSUING DEGREES IN AGRICULTURE.

$7,410

TEXAS TECH FOUNDATION INC

Org PageRecipient Profile

Lubbock, TX

PURPOSE: TO PROVIDE SCHOLARSHIPS FOR STUDENTS PURSUING DEGREES IN AGRICULTURE.

$6,215
View Grant Profile

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