U S Wheat Associates Inc

Organization Overview

U S Wheat Associates Inc is located in Arlington, VA. The organization was established in 1977. According to its NTEE Classification (K03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 06/2022, U S Wheat Associates Inc employed 30 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. U S Wheat Associates Inc 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 06/2022, U S Wheat Associates Inc generated $16.5m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $16.6m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (0.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

FOREIGN MARKET DEVELOPMENT ORGANIZATION SERVICING THE U.S. WHEAT INDUSTRY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

U.S. WHEAT ASSOCIATES ("USW") HELPS MAINTAIN STRONG DEMAND FOR U.S. WHEAT AND REGULARLY REPORTS TO ITS STAKEHOLDERS ON MARKET DEVELOPMENT ACTIVITIES THAT HELP SUPPORT THE WHEAT EXPORT INDUSTRY. AS THE INDUSTRY'S EXPORT MARKET DEVELOPMENT ORGANIZATION, USW PROMOTES THE SPECIFIC BENEFITS OF ALL SIX CLASSES OF U.S. WHEAT IN COMPETITIVE MARKETS AND WORKS TO DEMONSTRATE THE RELIABILITY AND QUALITY OF U.S. WHEAT.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Jeff Coey
Mgmt And Carry Out Market Program
$196,350
Peter Lloyd
Mgmt Global Tech Outreach
$203,500
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $10,862,521
All other contributions, gifts, grants, and similar amounts not included above$30,000
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$10,892,521
Total Program Service Revenue$5,421,698
Investment income $46,757
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $169,583
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $16,530,559

Grants Recieved

Over the last fiscal year, we have identified 2 grants that U S Wheat Associates Inc has recieved totaling $167,683.

Awarding OrganizationAmount
Ohio Small Grains Marketing Program

Delaware, OH

PURPOSE: MD&P

$121,933
Maryland Grain Producers Utilization Board Inc

Queenstown, MD

PURPOSE: MARKET DEVELOPMENT

$45,750
View Grant Recipient Profile

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