Overview
What is Potato Variety Management Institute Inc?
The Potato Variety Management Institute Inc, located in Eagle, Idaho, serves as a catalyst for the successful growth and dissemination of new potato varieties. By gathering and disseminating information on the distinctive characteristics and management techniques of these varieties to farmers, the Institute stimulates innovation in the potato industry. Additionally, the Institute collects license fees and royalties, which are then distributed back to their partners to support the research and breeding program in Idaho, Oregon, and Washington, expanding its reach beyond these states. The Institute employs a dedicated team of one individual, working tirelessly to promote and advance the cultivation of new potato varieties.
Official website here: www.pvmi.org
Is Potato Variety Management Institute Inc legitimate?
Potato Variety Management Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Potato Variety Management Institute Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $116,592
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.pvmi.org
What is the mission statement of Potato Variety Management Institute Inc?
The Potato Variety Management Institute Inc's mission is centered around promoting new varieties of potatoes. This organization strives to achieve this goal by providing growers with information about the features and management of these new varieties. Additionally, they collect license fees and royalties and distribute the funds back to their partners to support research and breeding programs. By doing so, they aim to maximize the potential success of these new potato varieties. The institute's efforts are not limited to a specific region, extending beyond Idaho, Oregon, and Washington.
Official website here: www.pvmi.org
Who is the CEO of Potato Variety Management Institute Inc?
Randy Bauscher is the President of Potato Variety Management Institute Inc.
Official website here: www.pvmi.org
What is the revenue of Potato Variety Management Institute Inc?
Potato Variety Management Institute Inc's revenue in 2023 was $1,476,521.
Official website here: www.pvmi.org
Who are the executives of Potato Variety Management Institute Inc and what are their salaries?
The average compensation at Potato Variety Management Institute Inc during 2023 was $116,592. There are 1 employees at Potato Variety Management Institute Inc.
Here are 10 key members and their salaries:
- Randy Bauscher (President) [Trustee/Director]
- Matthew Blua (Secretary) [Trustee/Director]
- Ellie Charvet (Director)
- Jeff Harper (Director)
- Greg Harris (Director)
- Mike Madsen (Director)
- Gary Roth (Treasurer) [Trustee/Director]
- Ritchey Toevs (Vice President) [Trustee/Director]
- Mark Ward (Director)
- Jenny Gentry (Executive Dir.) [Trustee/Director]
Official website here: www.pvmi.org
Where can I find the form 990 for Potato Variety Management Institute Inc?
The Potato Variety Management Institute Inc’s most recent form 990 was submitted in 2023 and can be accessed here
Official website here: www.pvmi.org
Learn more at the official website: www.pvmi.org
Mission Statement of Potato Variety Management Institute Inc
Potato Variety Management Institute Inc, in its mission, aims to foster the growth and success of new varieties of potatoes beyond the borders of Idaho, Oregon, and Washington. The organization plays a crucial role in this endeavor by disseminating information about the distinctive features and management techniques of these new potato varieties to farmers. Moreover, Potato Variety Management Institute Inc collects license fees and royalties and subsequently distributes these revenues to its partners to bolster the tri-state research and breeding program. In essence, the institute serves as a bridge between potato growers and researchers, facilitating the dissemination of valuable knowledge and supporting the development of innovative potato varieties.
Impact
This information is meant to be a general summary of Potato Variety Management Institute Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Potato Variety Management Institute Inc's impact is evident in its dedicated efforts to promote new varieties of potatoes in Idaho, Oregon, Washington, and beyond. By providing essential information on variety features and management practices to growers, as well as facilitating feedback to researchers, PVMI contributes significantly to maximizing the success potential of these new potato varieties. Additionally, the institute's collection of license fees and royalties plays a crucial role in supporting the Tri-State research and breeding program, ensuring ongoing advancements in potato cultivation. PVMI's activities not only benefit agricultural stakeholders but also facilitate innovation and progress in the field of potato cultivation.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER INCOME
Revenue
$106
ROYALTY FEES
Revenue
$1,434,746
VARIETAL LICENSING FEES
Revenue
$33,185
Organization Details
Founding Year
2005
Phone
(208) 242-2644
Principal Officer
Randy Bauscher
Main Address
661 SOUTH RIVERSHORE LANE, EAGLE, ID, 83616
Website
www.pvmi.org
NTEE Category
Code: V02 - Social research
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