Us Rice Producers Association is located in Katy, TX. The organization was established in 1998. 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 07/2023, Us Rice Producers Association employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Us Rice Producers Association 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 07/2023, Us Rice Producers Association generated $1.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $1.7m during the year ending 07/2023. While expenses have increased by 2.4% per year over the past 6 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
TO IMPROVE THE COMMON INTERESTS OF RICE PRODUCERS AND THEIR COLLECTIVE ECONOMIC WELL-BEING BY FOCUSING ON MARKET DEVELOPMENT, MARKET MAINTENANCE, LEGISLATION, GOVERNMENTAL AFFAIRS, INFORMATION, EDUCATION, AND RESEARCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NOT REQUIRED FOR 501(C)(6)
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John B Alter Board Member | Trustee | $0 | |
Chris Berry Board Member | Trustee | $0 | |
Jim Jim Butler Board Member | Trustee | $0 | |
Alex Clark Chairman | OfficerTrustee | $0 | |
Dennis Delaughter Board Member | Trustee | $0 | |
Ross Dickard Board Member | Trustee | $0 |
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 | $1,557,439 |
Investment income | $19,731 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$7,004 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,570,166 |
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 | $359,854 |
Pension plan accruals and contributions | $47,365 |
Other employee benefits | $0 |
Payroll taxes | $29,319 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $26 |
Office expenses | $2,529 |
Information technology | $5,825 |
Royalties | $0 |
Occupancy | $33,248 |
Travel | $113,557 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $275,414 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $57,014 |
All other expenses | $25,732 |
Total functional expenses | $1,650,802 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $655,186 |
Savings and temporary cash investments | $668,116 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $124,041 |
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 | $2,407 |
Total assets | $1,449,750 |
Accounts payable and accrued expenses | $53,930 |
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 | $3,398 |
Total liabilities | $57,328 |
Net assets without donor restrictions | $1,392,422 |
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 | $1,449,750 |