Virginia Grain Producers Association Inc
- Assets
- $346.6k
- Revenue
- $224.5k
- Investments
- $227.2k
- Employees
- 0
- Location
- Tappahannhock, VA
- Founding
- 09/2016
- Data as of
- 06/2022
- EIN
- 52-1356959
Organization Overview
Virginia Grain Producers Association Inc is located in Tappahannhock, VA. The organization was established in 2016. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Virginia Grain Producers Association 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, Virginia Grain Producers Association Inc generated $224.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $210.3k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (2.3%) 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE VIRGINIA GRAIN PRODUCERS ASSOCIATION (VGPA) IS A NONPROFIT FARMER RUN ASSOCIATION REPRESENTING THE CORN AND SMALL GRAIN PRODUCERS ON A VARIETY OF ISSUES. VGPA PROMOTES AND PROTECTS VIRGINIA CORN AND SMALL GRAIN PRODUCERS, AND PROVIDES VALUE TO THE SURROUNDING INDUSTRY THROUGH OUR ROLE AS AN INFORMATION SOURCE, PRODUCER ADVOCATE, AND PROVIDER OF END-USER RELATIONS AND PUBLIC OUTREACH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AGRICULTURAL EVENTS AND EDUCATION 2021 AG EXPO: VGPA PARTNERED WITH OTHER COMMODITY GROUPS TO HOST THE 2021 VIRGINIA AGRICULTURAL EXPO AUGUST 5, 2021 AT THE HISTORIC CORBIN HALL FARM IN MIDDLESEX COUNTY. MORE THAN 2,000 FARMERS, AGRICULTURAL PROFESSIONALS AND INTERESTED PARTIES EXPERIENCED FIELD PLOT AND SOIL PIT TOURS AS WELL AS OTHER INDUSTRY RELATED EVENTS. THE EVENT PROVIDES AN OPPORTUNITY FOR FARMERS TO LEARN MORE ABOUT THE UP-TO-DATE FARM EQUIPMENT AND TECHNOLOGY FOR TODAY'S PRECISION AGRICULTURE OPERATIONS. 2022 ANNUAL CONFERENCE: PRODUCERS AND AGRICULTURAL INDUSTRY PROFESSIONALS PARTICIPATED IN THE ANNUAL CONFERENCE HELD FEBRUARY 10, 2022 AT MEADOW EVENT PARK IN DOSWELL, VA. THE PROGRAM INCLUDED KEYNOTE SPEAKERS AND CONCURRENT BREAKOUT SESSIONS COVERING A WIDE RANGE OF TOPICS FACING THE AGRICULTURE INDUSTRY.
PROMOTION AND EDUCATION IN SCHOOLS AND INDUSTRY EVENTS VGPA SERVES AS AN INFORMATION RESOURCE TO PROVIDE A VOICE FOR VA GRAIN PRODUCERS AND ASSOCIATED INDUSTRIES, TO PROMOTE THE INDUSTRY. VGPA PROVIDES GRAIN-BASED PRODUCTS AND PROMOTIONAL MATERIALS TO SCHOOL AND INDUSTRY PARTNERS DURING EDUCATIONAL, TRADE, AND OTHER EVENTS ACROSS THE COMMONWEALTH, INCLUDING THE 2021 VIRGINIA STATE FAIR. VGPA PROVIDES EDUCATIONAL MATERIALS TO CLASSROOMS, FIELD DAYS AND LOCAL ACTIVITIES ACROSS THE COMMONWEALTH. VGPA WORKS TO PROMOTE POSITIVE TRADE OPPORTUNITIES FOR ALL VIRGINIA GRAINS IN NATIONAL AND INTERNATIONAL MARKETS.
PROMOTIONS AND COMMUNCIATIONS VGPA WORKS UNILATERALLY AND IN CONJUNCTION WITH OTHER ORGANIZATIONS TO PROMOTE CORN AND SMALL GRAINS. SPECIFICALLY, VGPA: 1) MAINTAINS A WEBSITE AND ENGAGES VIA SOCIAL MEDIA TOOLS TO SERVE AS A RESOURCE FOR PRODUCERS, INDUSTRY, END USERS, MEDIA CONSUMERS AND ELECTED AND GOVERNMENT OFFICIALS; 2) PUBLISHES AND DISTRIBUTES "VGPA NEWS AND UPDATES- AND 3) SUPPORTS INITIATIVES TO EDUCATE CONSUMERS ON CORN AND SMALL GRAIN PRODUCERS AND VIRGINIA'S AGRICULTURE INDUSTRY AS A WHOLE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Barlow III President | OfficerTrustee | 2 | $0 |
Candice Wilson Secretary | OfficerTrustee | 2 | $0 |
Ronnie Gill Treasurer | OfficerTrustee | 2 | $0 |
Bill Henley First Vice P | OfficerTrustee | 2 | $0 |
Don Horsley Immediate Pa | OfficerTrustee | 2 | $0 |
Ginny Barnes Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $9,926 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $170,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,075 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $181,001 |
| Total Program Service Revenue | $15,709 |
| Investment income | $8,876 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $18,697 |
| Net Income from Fundraising Events | $241 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $224,524 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,000 |
| 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 | $87,369 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,240 |
| Fees for services: Lobbying | $9,216 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,576 |
| Fees for services: Other | $3,385 |
| Advertising and promotion | $24,338 |
| Office expenses | $2,689 |
| Information technology | $5,276 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $32,750 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $22,956 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $210,308 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $109,915 |
| Savings and temporary cash investments | $9,435 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $227,239 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $346,589 |
| Accounts payable and accrued expenses | $25,282 |
| Grants payable | $0 |
| Deferred revenue | $8,345 |
| 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 | $33,627 |
| Net assets without donor restrictions | $311,445 |
| Net assets with donor restrictions | $1,517 |
| 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 | $346,589 |