Arizona Cotton Growers Association
- Assets
- $4.8m
- Revenue
- $257.9k
- Investments
- $0.0
- Employees
- 1
- Location
- Tempe, AZ
- Founding
- 05/1953
- Data as of
- 06/2023
- EIN
- 86-0002407
Organization Overview
Arizona Cotton Growers Association is located in Tempe, AZ. The organization was established in 1953. According to its NTEE Classification (K28) the organization is classified as: Farm Bureaus & Granges, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arizona Cotton Growers 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 06/2023, Arizona Cotton Growers Association generated $257.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $163.1k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (8.2%) per year over the past 7 years. 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
PROTECT AND IMPROVE THE ECONOMIC VIABILITY OF THE ARIZONA COTTON PRODUCER; PROMOTE SOUND ENVIRONMENTAL POLICIES; PROTECT AND ENHANCE ARIZONA AIR, WATER, AND LAND RESOURCES; ENCOURAGE PRODUCER PARTICIPATION IN IMPLEMENTING PRACTICES CONTRIBUTING TO A BETTER ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONDUCTED FOUR QUARTERLY MEETINGS TO DISCUSS VARIOUS ECONOMIC, ENVIRONMENTAL, LEGISLATIVE, AND AGRICULTURAL RESEARCH MATTERS AFFECTING THE COTTON INDUSTRY IN THE STATE OF ARIZONA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Rogers Executive Vice President | Officer | 40 | $40,000 |
Todd Rovey Director | Trustee | 2 | $0 |
Dean Rovey Director | Trustee | 2 | $0 |
Dan Thelander Director | Trustee | 2 | $0 |
Rocky Shelton Director | Trustee | 2 | $0 |
Ross Rayner Director | Trustee | 2 | $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 | $164,074 |
| Investment income | $91,080 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,751 |
| 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 | $257,905 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $19,500 |
| 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. | $33,000 |
| Compensation of current officers, directors, key employees. | $6,600 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,090 |
| Payroll taxes | $2,608 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,945 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,000 |
| Advertising and promotion | $0 |
| Office expenses | $1,738 |
| Information technology | $2,402 |
| Royalties | $0 |
| Occupancy | $14,503 |
| Travel | $10,196 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,836 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $30,665 |
| Insurance | $0 |
| All other expenses | $7,101 |
| Total functional expenses | $163,101 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,359,837 |
| 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 | $200 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,209,076 |
| Investments—publicly traded securities | $1,217,108 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,076 |
| Total assets | $4,789,297 |
| Accounts payable and accrued expenses | $3,076 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $321,216 |
| 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 | $324,292 |
| Net assets without donor restrictions | $4,465,005 |
| 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 | $4,789,297 |
Grants Awarded
Over the last fiscal year, Arizona Cotton Growers Association has awarded $18,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ARIZONA FARM AND RANCH GROUP PURPOSE: GENERAL SUPPORT | $5,500 |
AZ AGRI EDUCATIONFFA FOUNDATION PURPOSE: SCHOLARSHIPS | $13,000 |