Form 990 for tax year 2023
Filed by CORN GROWERS ASSOCIATION OF NORTH CAROLINA INC.
Totals
- Total revenue
- $1,686,746
- Total expenses
- $1,501,970
- Contributions and grants received
- $0
- Grants paid
- $1,226,619
- Program service revenue
- $1,672,550
- Investment income
- $14,196
- Other revenue
- $0
- Total assets, end of year
- $2,515,371
- Total liabilities, end of year
- $11,384
- Net assets or fund balances, end of year
- $2,503,987
- Program services expenses (Part IX)
- $1,451,401
- Management and general expenses
- $50,569
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,451,401
Program services were 96.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
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: CORN ASSESSMENT REVENU
total $1,672,550 · related or exempt $1,672,550
-
3 · Investment income
total $14,196 · related or exempt $14,196
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,226,619 · program services $1,226,619
-
7 · Other salaries and wages
total $103,132 · program services $83,132 · management and general $20,000
-
10 · Payroll taxes
total $7,944 · program services $6,414 · management and general $1,530
-
11c · Fees: accounting
total $5,455 · program services $3,800 · management and general $1,655
-
11g · Fees: other
total $2,221 · program services $2,221
-
12 · Advertising and promotion
total $1,593 · program services $797 · management and general $796
-
13 · Office expenses
total $15,843 · program services $7,449 · management and general $8,394
-
17 · Travel
total $20,053 · program services $10,880 · management and general $9,173
-
19 · Conferences, conventions and meetings
total $97,899 · program services $97,899
-
24a · Other expenses: RENT
total $13,326 · program services $10,476 · management and general $2,850
-
24b · Other expenses: OTHER ADMIN EXP
total $5,769 · management and general $5,769
-
24c · Other expenses: TELEPHONE AND INTERNET
total $2,116 · program services $1,714 · management and general $402
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,684,691 · end of year $1,287,579
-
2 · Savings and temporary cash investments
beginning of year $589,091 · end of year $1,169,885
-
9 · Prepaid expenses and deferred charges
beginning of year $55,003 · end of year $57,907
-
10a · Land, buildings and equipment: cost or other basis
$15,405
-
10b · Land, buildings and equipment: accumulated depreciation
$15,405
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $9,574 · end of year $11,384
-
27 · Net assets without donor restrictions
beginning of year $2,319,211 · end of year $2,503,987
Mission and programs · 2023
Mission
NONE
Activities or mission (Part I)
RESEARCH & DEVELOPMENT OF CORN AND CORN PRODUCTS
-
RESEARCH & DEVELOPMENT OF CORN AND CORN PRODUCTS
Expenses $1,451,401 · Grants $1,226,619 · Revenue $1,686,746
As filed on the 2023 return.
Listed in Part VII
-
John PicklerJOHN PICKLER
PRESIDENT
- Total calculated
- $0
- Hours/week
- 4
-
Alex JordanALEX JORDAN
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 4
-
Roy GorenaROY GORENA
SECRETARY
- Total calculated
- $0
- Hours/week
- 4
-
Fred TateFRED TATE
TREASURER
- Total calculated
- $20,000
- From this org
- $0
- From related orgs
- $20,000
- Other
- $0
- Hours/week
- 8
-
Darren ArmstrongDARREN ARMSTRONG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Brent BarnesBRENT BARNES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Garrett BoydGARRETT BOYD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Josh BrownJOSH BROWN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Wade ByrdWADE BYRD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Hardy DixonHARDY DIXON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Chris JonesCHRIS JONES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Craig Buddy King JrCRAIG BUDDY KING JR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Robert KnightROBERT KNIGHT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Franklin LeeFRANKLIN LEE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Donovan LocklearDONOVAN LOCKLEAR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Talmadge MathisTALMADGE MATHIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Rick MorganRICK MORGAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Michael PatramMICHAEL PATRAM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Maurice SmithermanMAURICE SMITHERMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Jeff SparksJEFF SPARKS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Jay SullivanJAY SULLIVAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Dennis WallerDENNIS WALLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Ed WheelerED WHEELER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
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.
Grants on this return
-
NCSU ENDOWMENT FUND
$500,000
SCHOLARSHIPS
-
NC STATE UNIVERSITY
$343,619
CORN RESEARCH
-
NATIONAL CORN GROWERS ASSOCIATION
$162,175
CORN RESEARCH
-
$134,969
CORN RESEARCH
-
NC DEPT OF AGRICULTURE
$25,478
CORN RESEARCH
-
$13,603
CORN RESEARCH
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 20 January 2025
- IRS schema version
- 2023v6.0
- Source object
- 202510879349301401
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