Plains Cotton Growers Inc

Organization Overview

Plains Cotton Growers Inc is located in Lubbock, TX. The organization was established in 1957. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 06/2024, Plains Cotton Growers Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Plains Cotton Growers Inc is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.

For the year ending 06/2024, Plains Cotton Growers Inc generated $1.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (4.0%) each year. All expenses for the organization totaled $1.5m during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2024

Describe the Organization's Mission:

Part 3 - Line 1

IMPROVEMENT & SUPPORT OF COTTON ON THE HIGH PLAINS

Describe the Organization's Program Activity:

Part 3 - Line 4a

PLAINS COTTON GROWERS PROVIDES EDUCATIONAL AND LEGISLATIVE SUPPORT FOR COTTON PRODUCTION AND USAGE ON THE HIGH PLAINS OF TEXAS.


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Board, Officers & Key Employees

Name (title)Compensation
Kody Bessent
CEO
$125,000
Martin Stoerner
Chairman
$0
Brent Nelson
Past President
$0
Travis Mires
President
$0
Brent Coker
Vice President
$0
Jon Jones
Secretary/treas
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
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$0
Total Program Service Revenue$568,820
Investment income $561,571
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 $1,268,435

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Greater Gardendale Water Supply Corporation
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Plains Cotton Growers Inc
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$1,268,435

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