Carolina Feed Industry Association is located in Raleigh, NC. The organization was established in 2003. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carolina Feed Industry 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 12/2018, Carolina Feed Industry Association generated $37.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (8.7%) each year. All expenses for the organization totaled $49.7k during the year ending 12/2018. As we would expect to see with falling revenues, expenses have declined by (3.9%) per year over the past 4 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
2018
Describe the Organization's Program Activity:
Part 3
CONVENTIONS ALLOW MEMBERS TO LEARN MORE ABOUT RESEARCH, TECHNOLOGY, AND MARKETING PROGRAMS AFFECTING THE FEED INDUSTRY.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bonnie Holloman Exec Directo | 15 | $15,300 | |
Cathy Price Horton Convention C | 0 | $0 | |
Connie Smith Past Preside | 0 | $0 | |
Danny Sanders President | 0 | $0 | |
Nicole Bass Board Member | 0 | $0 | |
Sherry Rector Board Member | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $29,715 |
| Membership dues | $8,200 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $37,918 |
| 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 | $16,956 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $884 |
| Other expenses | $31,898 |
| Total expenses | $49,738 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $282 |
| Other assets | $0 |
| Total assets | $282 |
| Total liabilities | $0 |
| Net assets or fund balances | $282 |