Feild Co-Operative Association Incorporated is located in Ridgeland, MS. The organization was established in 1926. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, 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. Feild Co-Operative Association Incorporated is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Feild Co-Operative Association Incorporated generated $1.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $1.5m during the year ending 12/2022. While expenses have increased by 1.9% per year over the past 8 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 2014, Feild Co-Operative Association Incorporated has awarded 441 individual grants totaling $8,741,662. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
CONTRIBUTIONS TO CHARITABLE ORGANIZATIONS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William M Link Jr Chairman | 0.25 | $350 | |
B Bryan Jones III President | 4 | $12,350 | |
Hobson C Mcgehee III First Vice President | 2 | $5,350 | |
Cynthia J Thompson Second Vice President | 0.25 | $350 | |
Susie Culipher Secretary/treasurer | 40 | $49,175 | |
Amanda Link Greenlee Director | 0.25 | $350 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $32 |
| Dividends & Interest | $382,434 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,050,434 |
| Capital Gain Net Income | $1,069,076 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $335,940 |
| Total Revenue | $1,768,840 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $73,800 |
| Other employee salaries and wages | $40,500 |
| Pension plans, employee benefits | $24,547 |
| Interest | $0 |
| Taxes | $13,613 |
| Depreciation | $13,572 |
| Occupancy | $59,220 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $72,872 |
| Total operating and administrative expenses | $459,488 |
| Contributions, gifts, grants paid | $1,000,000 |
| Total expenses and disbursements | $1,459,488 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $100 |
| Savings and temporary cash investments | $631,069 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $37,033 |
| Net Land, buildings, and equipment | $65,599 |
| Other assets | $2,872,426 |
| Total assets | $26,595,166 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $394,485 |
| Total liabilities | $394,485 |
Over the last fiscal year, Feild Co-Operative Association Incorporated has awarded $1,000,000 in support to 52 organizations.
| Grant Recipient | Amount |
|---|---|
BB KING MUSEUM AND DELTA INTERPRETIVE CENTER PURPOSE: GENERAL SUPPORT | $5,000 |
AFRICAN BIBLE COLLEGE PURPOSE: GENERAL SUPPORT | $20,000 |
BOY SCOUTS OF AMERICA ANDREW JACKSON COUNCIL PURPOSE: GENERAL SUPPORT | $10,000 |
BAPTIST HEALTH FOUNDATION PURPOSE: GENERAL SUPPORT | $71,500 |
BELHAVEN COLLEGE SCHOLARSHIP PURPOSE: GENERAL SUPPORT | $25,000 |
CENTER FOR PREGNANCY CHOICES PURPOSE: GENERAL SUPPORT | $10,000 |