Hop Growers Of Washington Inc
- Assets
- $325.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Yakima, WA
- Founding
- 10/1956
- Data as of
- 12/2023
- EIN
- 91-0753488
Organization Overview
Hop Growers Of Washington Inc is located in Yakima, WA. The organization was established in 1956. According to its NTEE Classification (C42) the organization is classified as: Garden Clubs, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hop Growers Of Washington 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 12/2023, Hop Growers Of Washington Inc generated $92.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (29.0%) each year. All expenses for the organization totaled $107.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (23.7%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
HOP GROWERS OF WASHINGTON HOSTS THE WASHINGTON HOP INDUSTRY ANNUAL MEETING EACH YEAR. THIS EVENT INCLUDED CHEMICAL MARKET AND HOP RESEARCH UPDATES, HOP STATISTICS BY USDA-NASS, AG TECHNOLOGY UPDATES, AND MRL/EUROPEAN UNION UPDATES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andy Roy Board Director | 1 | $0 | |
Jeff Perrault President | 1 | $0 | |
Cherie Steinmetz Sect/treas | 1 | $0 | |
Paul Merritt Board Director | 1 | $0 | |
Leon Loza Jr Board Director | 1 | $0 | |
Kirby Redman Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $7,965 |
| Membership dues | $0 |
| Investment income | $84,824 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $92,789 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $920 |
| Occupancy, rent, utilities, and maintenance | $45,343 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $61,365 |
| Total expenses | $107,628 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $250,123 |
| Other assets | $0 |
| Total assets | $325,317 |
| Total liabilities | $34,823 |
| Net assets or fund balances | $290,494 |