Hop Research Council
- Assets
- $686.7k
- Revenue
- $740.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Hubbard, OR
- Founding
- 05/1988
- Data as of
- 12/2021
- EIN
- 36-3032383
Organization Overview
Hop Research Council is located in Hubbard, OR. The organization was established in 1988. According to its NTEE Classification (T03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hop Research Council 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 12/2021, Hop Research Council generated $740.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $617.3k during the year ending 12/2021. While expenses have increased by 10.8% 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.
Since 2015, Hop Research Council has awarded 27 individual grants totaling $2,714,148. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SOLICIT & PROVIDE FUNDS FOR AGRICULTURAL RESEARCH RELATED TO PRODUCTION OF HOPS IN THE US.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED RESEARCH GRANTS TO VARIOUS NON-PROFITS OR EDUCATIONAL INSTITUTIONS FOR STUDIES RELATING TO THE PRODUCTION AND QUALITY OF HOPS IN THE UNITED STATES OF AMERICA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bryan Thoet Executive Director | Officer | 40 | $45,516 |
Thomas Nielsen President | OfficerTrustee | 5 | $0 |
Mark Yocum Vice President | OfficerTrustee | 5 | $0 |
Diane Gooding Treasurer | OfficerTrustee | 5 | $0 |
Graham Ollard Secretary | OfficerTrustee | 5 | $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 | $9,512 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,512 |
| Total Program Service Revenue | $730,597 |
| Investment income | $65 |
| 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 | $740,174 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $386,534 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $91,032 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $20,135 |
| Advertising and promotion | $0 |
| Office expenses | $271 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,439 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12,003 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $617,339 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $379,345 |
| Savings and temporary cash investments | $114,745 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $192,644 |
| 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 | $0 |
| Total assets | $686,734 |
| Accounts payable and accrued expenses | $49 |
| 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 | $0 |
| Total liabilities | $49 |
| Net assets without donor restrictions | $686,685 |
| 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 | $686,734 |
Grants Awarded
Over the last fiscal year, Hop Research Council has awarded $386,534 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
OSU - AGRICULTURAL RESEARCH FOUNDATION PURPOSE: HOP RELATED RESEARCH | $231,988 |
PURPOSE: HOP RELATED RESEARCH AND INTEGRATED MANAGMENT OF PEST | $97,028 |
AGRIMANAGEMENT INC PURPOSE: DRIP CONFIGURATION AND CROP COEFFICIENT STUDY | $38,792 |
COLORADO STATE UNIVERSITY PURPOSE: RESEARCH - UNDERSTANDING RELATIONSHIPS BETWEEN ENVIRONMENT AND HOP VOLATILE CHEMISTRY | $10,526 |
Moscow, ID PURPOSE: HOP RELATED RESEARCH | $8,200 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wescoms Wecare Foundation -Wecare- Pasadena, CA | $259,838 | $843,427 |
Hop Research Council Hubbard, OR | $686,734 | $740,174 |
Grants Pass Lodge No 2454 Loyal Order Of Moose Merlin, OR | $285,890 | $424,094 |
Grants Pass Rotary Club Foundation Grants Pass, OR | $122,272 | $128,256 |
Association Of Fundraising Professionals Las Vegas, NV | $85,470 | $0 |
Association Of Fundraising Professionals San Diego, CA | $365,279 | $174,061 |
Association Of Fundraising Professionals Fountain Valley, CA | $286,933 | $123,519 |
Rocky Mountain Section Pga Foundation Inc Star, ID | $459,404 | $166,957 |
Send Me On Vacation Inc Las Vegas, NV | $39,353 | $0 |
Britt Society Medford, OR | $156,184 | $0 |
National Association Of Charitable Gift Planners Pasadena, CA | $218,118 | $0 |
Womans Club Of Lincoln Lincoln, CA | $346,483 | $0 |