National Cotton Ginners Association
- Assets
- $471.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cordova, TN
- Founding
- 10/1990
- Data as of
- 02/2022
- EIN
- 75-6030070
Organization Overview
National Cotton Ginners Association is located in Cordova, TN. The organization was established in 1990. 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. National Cotton Ginners Association 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 02/2022, National Cotton Ginners Association generated $73.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.2%) each year. All expenses for the organization totaled $23.3k during the year ending 02/2022. As we would expect to see with falling revenues, expenses have declined by (15.4%) per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
GIN SCHOOLS - PROVIDES CONTINUING EDUCATION FOR THOSE INVOLVED IN THE COTTON GINNING INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Curtis H Stewart President | 1 | $0 | |
Wesley A Morgan Chairman | 1 | $0 | |
Harrison Ashley Executive Vice President | 1 | $0 | |
George G Lacour Jr First Vice President | 1 | $0 | |
Tony D Williams Presidential Advisor | 1 | $0 | |
Richard J Lindsey Third Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,173 |
| Total Program Service Revenue | $0 |
| Membership dues | $32,611 |
| Investment income | $3,769 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $15,045 |
| Total Revenue | $73,598 |
| 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 | $340 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $289 |
| Other expenses | $21,715 |
| Total expenses | $23,344 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $469,703 |
| Other assets | $0 |
| Total assets | $471,248 |
| Total liabilities | $0 |
| Net assets or fund balances | $471,248 |
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