Feild Co-Operative Association Incorporated
- Assets
- $35.5m
- Revenue
- $2.2m
- Investments
- $32.2m
- Employees
- 0
- Location
- Ridgeland, MS
- Founding
- 08/1926
- Data as of
- 12/2021
- EIN
- 64-0155700
Organization Overview
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 12/2021, Feild Co-Operative Association Incorporated generated $2.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $1.5m during the year ending 12/2021. While expenses have increased by 2.8% 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 2014, Feild Co-Operative Association Incorporated has awarded 389 individual grants totaling $7,741,662. 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
2021
Describe the Organization's Program Activity:
CONTRIBUTIONS TO CHARITABLE ORGANIZATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susie Culipher Secretary/treasurer | 40 | $49,500 | |
B Bryan Jones III President | 4 | $24,300 | |
Hobson C Mcgehee III First Vice President | 2 | $5,300 | |
William M Link Jr Chairman | 0.25 | $300 | |
Amanda Link Greenlee Director | 0.25 | $300 | |
Cynthia J Thompson Second Vice President | 0.25 | $300 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $46 |
| Dividends & Interest | $349,209 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,608,878 |
| Capital Gain Net Income | $1,629,353 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $199,318 |
| Total Revenue | $2,157,451 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $80,750 |
| Other employee salaries and wages | $41,000 |
| Pension plans, employee benefits | $24,547 |
| Interest | $0 |
| Taxes | $73,805 |
| Depreciation | $13,572 |
| Occupancy | $59,235 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $106,384 |
| Total operating and administrative expenses | $595,953 |
| Contributions, gifts, grants paid | $928,000 |
| Total expenses and disbursements | $1,523,953 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $100 |
| Savings and temporary cash investments | $563,351 |
| 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 | $79,172 |
| Other assets | $2,625,467 |
| Total assets | $35,498,194 |
| 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 | $257,248 |
| Total liabilities | $257,248 |
Grants Awarded
Over the last fiscal year, Feild Co-Operative Association Incorporated has awarded $928,000 in support to 51 organizations.
| Grant Recipient | Amount |
|---|---|
MAGNOLIA SPEECH SCHOOL PURPOSE: GENERAL SUPPORT | $100,000 |
Madison, MS PURPOSE: GENERAL SUPPORT | $100,000 |
Jackson, MS PURPOSE: GENERAL SUPPORT | $50,000 |
Columbus, MS PURPOSE: GENERAL SUPPORT | $40,000 |
CENTER FOR VIOLENCE PREVENTION PURPOSE: GENERAL SUPPORT | $35,000 |
JACKSON PREPARATORY SCHOOL FOUNDATION PURPOSE: GENERAL SUPPORT | $35,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Penner Family Foundation Bentonville, AR | $146,107,822 | $15,983,833 |
J R Hyde Iii Foundation Memphis, TN | $230,354,058 | $26,306,779 |
First Horizon Foundation Memphis, TN | $37,840,936 | $11,265,846 |
The William B Wiener Jr Foundation Shreveport, LA | $23,196,478 | $3,677,470 |
Bashinsky Foundation Inc Birmingham, AL | $2,626,965 | $3,568,518 |
Ergon Foundation Inc Jackson, MS | $213,824,095 | $11,919,127 |
Winthrop Rockefeller Foundation Little Rock, AR | $169,499,273 | $12,187,719 |
Joe C Davis Foundation Nashville, TN | $101,782,891 | $6,182,733 |
Day Foundation Memphis, TN | $0 | $13,711,953 |
Clayton Family Foundation Knoxville, TN | $90,913,195 | $17,391,150 |
Irene W And C B Pennington Foundation Baton Rouge, LA | $0 | $6,041,681 |
G Harbaugh Foundation Franklin, TN | $61,708,468 | $12,393,056 |