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Nonprofiteer
← AMERICAN PEANUT COUNCIL INC

Form 990 for tax year 2022

Filed by AMERICAN PEANUT COUNCIL INC.

Totals

Total revenue
$5,937,384
Total expenses
$5,621,702
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$5,848,063
Investment income
$24,127
Other revenue
$65,194
Total assets, end of year
$3,148,534
Total liabilities, end of year
$497,921
Net assets or fund balances, end of year
$2,650,613
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: FAS Contracts

    total $3,784,006 · related or exempt $3,784,006

  • 2b · Program service revenue: Membership Dues

    total $1,216,034 · related or exempt $1,216,034

  • 2c · Program service revenue: Conferences

    total $496,783 · related or exempt $169,923 · excluded $326,860

  • 2d · Program service revenue: IPF Income

    total $347,876 · related or exempt $347,876

  • 2e · Program service revenue: Workshop Revenue

    total $3,364 · related or exempt $3,364

  • 3 · Investment income

    total $24,127 · excluded $24,127

  • 6a · Gross rents

    real property $10,194

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $10,194

  • 6d · Net rental income or loss

    total $10,194 · excluded $10,194

  • 11a · Other revenue: Cost Reimbursements

    total $55,000 · related or exempt $55,000

  • 11e · Other revenue, total

    $55,000

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $253,595

  • 7 · Other salaries and wages

    total $607,691

  • 8 · Pension plan contributions

    total $33,371

  • 9 · Other employee benefits

    total $62,340

  • 10 · Payroll taxes

    total $64,039

  • 11b · Fees: legal

    total $15,100

  • 11c · Fees: accounting

    total $24,819

  • 11g · Fees: other

    total $21,546

  • 13 · Office expenses

    total $48,731

  • 14 · Information technology

    total $12,873

  • 16 · Occupancy

    total $43,553

  • 17 · Travel

    total $54,340

  • 19 · Conferences, conventions and meetings

    total $99,571

  • 22 · Depreciation, depletion and amortization

    total $12,366

  • 23 · Insurance

    total $8,599

  • 24a · Other expenses: International Promotion

    total $3,784,007

  • 24b · Other expenses: International Peanut Fo

    total $206,992

  • 24c · Other expenses: Sustainability

    total $147,603

  • 24d · Other expenses: Miscellaneous Expenses

    total $120,566

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $771,254 · end of year $461,175

  • 2 · Savings and temporary cash investments

    beginning of year $859,486 · end of year $1,123,613

  • 4 · Accounts receivable

    beginning of year $1,109,391 · end of year $1,344,603

  • 9 · Prepaid expenses and deferred charges

    beginning of year $72,279 · end of year $137,343

  • 10a · Land, buildings and equipment: cost or other basis

    $697,417

  • 10b · Land, buildings and equipment: accumulated depreciation

    $619,451

  • 10c · Land, buildings and equipment, net

    beginning of year $58,101 · end of year $77,966

  • 15 · Other assets

    beginning of year $5,944 · end of year $3,834

  • 17 · Accounts payable and accrued expenses

    beginning of year $530,611 · end of year $493,977

  • 19 · Deferred revenue

    beginning of year $4,941 · end of year $110

  • 25 · Other liabilities

    beginning of year $5,972 · end of year $3,834

  • 27 · Net assets without donor restrictions

    beginning of year $2,241,189 · end of year $2,479,159

  • 28 · Net assets with donor restrictions

    beginning of year $93,742 · end of year $171,454

Mission and programs · 2022

Mission

To support the long-term growth of the U.S. peanut industry by serving as a forum and unified voice for all segments of the supply chain.

Activities or mission (Part I)

The American Peanut Council offers a forum and united voice for the peanut supply chain.

  • International Promotion - promotes the use of U.S. grown peanuts abroad.

  • Lead the industry's efforts on sustainability.

  • Provide industry leadership on crisis management and communications.

  • Board of Director MeetingsFood SafetyDues and PublicationsAnnual Meeting

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Collins McNeil

    Chairman/Director

    Total calculated
    $0
    Hours/week
    3 + 0.4 related
  • Donald Chase

    Vice Chairman/Director

    Total calculated
    $0
    Hours/week
    3 + 0.4 related
  • Anne-Marie DeLorenzo

    Treasurer/Director

    Total calculated
    $0
    Hours/week
    3
  • Ashley Collins

    Director

    Total calculated
    $0
    Hours/week
    3
  • Blair Hillen

    Director

    Total calculated
    $0
    Hours/week
    3
  • Bob Sauer

    Director

    Total calculated
    $0
    Hours/week
    3
  • Brandon Underwood

    Director

    Total calculated
    $0
    Hours/week
    3
  • Brian Reed

    Director

    Total calculated
    $0
    Hours/week
    3
  • Byron Warnken

    Director

    Total calculated
    $0
    Hours/week
    3
  • Carl Sanders

    Director

    Total calculated
    $0
    Hours/week
    3
  • Casey Cox

    Director

    Total calculated
    $0
    Hours/week
    3
  • Charles Birdsong

    Director

    Total calculated
    $0
    Hours/week
    3
  • Clay Garnto

    Director

    Total calculated
    $0
    Hours/week
    3
  • Clint Piper

    Director

    Total calculated
    $0
    Hours/week
    3
  • Darlene Cowart

    Director

    Total calculated
    $0
    Hours/week
    3 + 0.4 related
  • Dell Cotton

    Director

    Total calculated
    $0
    Hours/week
    3
  • Dirk Lindsey

    Director

    Total calculated
    $0
    Hours/week
    3
  • Don Koehler

    Director

    Total calculated
    $0
    Hours/week
    3
  • Greg Baltz

    Director

    Total calculated
    $0
    Hours/week
    3
  • Greg Harnish

    Director

    Total calculated
    $0
    Hours/week
    3
  • Hugh Nall

    Director

    Total calculated
    $0
    Hours/week
    3
  • Jack Davis

    Director

    Total calculated
    $0
    Hours/week
    3 + 0.4 related
  • Jack Pattengale

    Director

    Total calculated
    $0
    Hours/week
    3
  • James Brown

    Director

    Total calculated
    $0
    Hours/week
    3
  • Jeff Roper

    Director

    Total calculated
    $0
    Hours/week
    3
  • Joe Boddiford

    Director

    Total calculated
    $0
    Hours/week
    3
  • Joel Sirmon

    Director

    Total calculated
    $0
    Hours/week
    3
  • John Gray

    Director

    Total calculated
    $0
    Hours/week
    3 + 0.4 related
  • John Powell

    Director

    Total calculated
    $0
    Hours/week
    3
  • Katherine Helms

    Director

    Total calculated
    $0
    Hours/week
    3
  • Ken Barton

    Director

    Total calculated
    $0
    Hours/week
    3
  • Kimmi Wernli

    Director

    Total calculated
    $0
    Hours/week
    3
  • Larry Don Womack

    Director

    Total calculated
    $0
    Hours/week
    3
  • Larry Ford

    Director

    Total calculated
    $0
    Hours/week
    3
  • Lee Zalben

    Director

    Total calculated
    $0
    Hours/week
    3
  • Les Crall

    Director

    Total calculated
    $0
    Hours/week
    3
  • Lonnie Fortner

    Director

    Total calculated
    $0
    Hours/week
    3
  • Lupe de Lira

    Director

    Total calculated
    $0
    Hours/week
    3
  • Michael Campagna

    Director

    Total calculated
    $0
    Hours/week
    3
  • Mike Davis

    Director

    Total calculated
    $0
    Hours/week
    3
  • Miriam Crosby

    Director

    Total calculated
    $0
    Hours/week
    3
  • Otis Johnson

    Director

    Total calculated
    $0
    Hours/week
    3
  • Patricia Moody

    Director

    Total calculated
    $0
    Hours/week
    3
  • Paul Rogers

    Director

    Total calculated
    $0
    Hours/week
    3
  • Rachel Santos

    Director

    Total calculated
    $0
    Hours/week
    3 + 0.4 related
  • Robert Crumpler

    Director

    Total calculated
    $0
    Hours/week
    3
  • Rodney Dawson

    Director

    Total calculated
    $0
    Hours/week
    3
  • Ross Kendrick

    Director

    Total calculated
    $0
    Hours/week
    3
  • Stuart Franklin

    Director

    Total calculated
    $0
    Hours/week
    3
  • Tim Burch

    Director

    Total calculated
    $0
    Hours/week
    3
  • Tom Corcoran

    Director

    Total calculated
    $0
    Hours/week
    3
  • Tyron Spearman

    Director

    Total calculated
    $0
    Hours/week
    3
  • Richard T Owen

    President/CEO

    Total calculated
    $259,965
    From this org
    $217,265
    From related orgs
    $0
    Other
    $42,700
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $217,265
    Bonus
    $0
    Other
    $0
    Deferred
    $10,840
    Nontaxable benefits
    $31,860
    Filer's total
    $259,965
  • Renee W Deuell

    Director of Finance

    Total calculated
    $157,123
    From this org
    $136,541
    From related orgs
    $0
    Other
    $20,582
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $136,541
    Bonus
    $0
    Other
    $0
    Deferred
    $6,813
    Nontaxable benefits
    $13,769
    Filer's total
    $157,123
  • Stephanie C Grunenfelder

    Senior Vice President

    Total calculated
    $142,540
    From this org
    $134,060
    From related orgs
    $0
    Other
    $8,480
    Hours/week
    37.5
  • Peter C Vlazakis

    Senior Director International Programs

    Total calculated
    $135,234
    From this org
    $114,045
    From related orgs
    $0
    Other
    $21,189
    Hours/week
    37.5
  • Eric G Coronel

    Director of Sustainability

    Total calculated
    $141,803
    From this org
    $113,033
    From related orgs
    $0
    Other
    $28,770
    Hours/week
    37.5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
28 May 2024
IRS schema version
2022v5.0
Source object
202401629349300900

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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