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New Varieties Development & Management Corp

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 203767882 ✦ Maitland, FL ✦ Designated as a 501(c)(5)

Overview

What is New Varieties Development & Management Corp?

New Varieties Development & Management Corp (NVDMC) is a nonprofit organization based in Maitland, Florida. Its primary mission is to support the research and development of new varieties of citrus fruits in the state, benefiting Florida's citrus growers by providing them with unique and high-value citrus varieties for both fresh and processed uses. NVDMC acts as the licensing agent for domestic and international public and private varieties, granting growers and nurseries access to proprietary fresh fruit varieties. Moreover, NVDMC focuses on offering financial and strategic support to Florida's in-state breeding programs. By identifying promising citrus selections for local producers, NVDMC aims to introduce new varieties that cater to the specific needs of Florida's climate and market. Additionally, NVDMC strives to make these proprietary citrus varieties accessible and affordable, ensuring that growers can gain timely access to these valuable resources.


Official website here: www.nvdmc.org

Is New Varieties Development & Management Corp legitimate?

New Varieties Development & Management Corp is a legitimate nonprofit organization registered as a 501(c)(5) entity. New Varieties Development & Management Corp 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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.nvdmc.org

What is the mission statement of New Varieties Development & Management Corp?

The New Varieties Development & Management Corporation is dedicated to providing financial and strategic support to in-state breeding programs, identifying promising citrus selections for producers, and introducing new varieties. Its mission also encompasses making these proprietary citrus varieties accessible and affordable, ensuring timely access for Florida growers for fresh and processed uses. The corporation serves as a licensing agent for domestic and international public and private varieties, granting growers and nurseries access to proprietary fresh fruit varieties, while also introducing citrus varieties for commercial growers to trial through the Fast Track program with the University of Florida and early evaluation opportunities with selections developed by the USDA Agricultural Research Service.


Official website here: www.nvdmc.org

Who is the CEO of New Varieties Development & Management Corp?

J Peter Chaires is the Director of New Varieties Development & Management Corp.


Official website here: www.nvdmc.org

What is the revenue of New Varieties Development & Management Corp?

New Varieties Development & Management Corp's revenue in 2022 was $477,553.


Official website here: www.nvdmc.org

Who are the executives of New Varieties Development & Management Corp and what are their salaries?

Here are 12 key members and their salaries:

    Rusty Banack (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • J Peter Chaires (Executive Di) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Frank M Hunt Iii (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Hammond (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • George Hamner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Koukos (Secrt/Treas) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Greg Nelson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Phil Rucks (Vice Chairma) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Quentin J Roe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joby Sherrod (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Emery Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lynn Steward (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.nvdmc.org

    Where can I find the form 990 for New Varieties Development & Management Corp?

    The New Varieties Development & Management Corp’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.nvdmc.org

    Learn more at the official website: www.nvdmc.org

    Mission Statement of New Varieties Development & Management Corp

    New Varieties Development & Management Corp, or NVDMC, is an organization dedicated to the growth and development of Florida's citrus industry. The primary mission of this corporation is threefold: providing financial and strategic support to in-state breeding programs, identifying promising citrus selections for Florida producers, and making these new varieties affordable and accessible for general use.

    By offering comprehensive support to Florida's breeding programs, NVDMC fosters the growth and innovation of unique and high-value citrus varieties, which are in high demand for both fresh and processed uses. As the licensing agent for domestic and international public and private varieties, NVDMC provides growers and nurseries with access to proprietary fresh fruit varieties, enabling them to expand their offerings and cater to diverse consumer preferences.

    Furthermore, NVDMC plays a crucial role in the introduction of new citrus varieties to the Florida market. Through collaborations with institutions such as the University of Florida, NVDMC offers growers the opportunity to trial new selections through the Fast Track Program and gain early evaluation opportunities with selections developed by the U.S. Department of Agriculture's Agricultural Research Service. This commitment to innovation and growth ensures that Florida's citrus industry remains at the forefront of the industry, continually introducing new and exciting varieties to consumers.

    Impact

    This information is meant to be a general summary of New Varieties Development & Management Corp. Please take the time to review official sources before making any decisions based upon the content provided here.




    Tuesday, June 18, 2024

    New Varieties Development & Management Corp's impact can be seen in its crucial role in supporting the development and introduction of new citrus varieties for Florida growers. By providing financial and strategic support to in-state breeding programs, the organization plays a vital role in ensuring the availability of high-value citrus selections for both fresh and processed uses. Additionally, NVDMC serves as a licensing agent for a range of public and private citrus varieties, granting growers and nurseries timely access to proprietary fruit variations.

    Through collaboration with institutions like the University of Florida and the USDA Agricultural Research Service, NVDMC facilitates the trialing and evaluation of new citrus varieties, paving the way for innovative options in commercial citrus production. By focusing on affordability and accessibility, the organization contributes to the sustainability and growth of Florida's citrus industry while also promoting environmental stewardship.

    Overall, New Varieties Development & Management Corp's efforts have a tangible impact on the citrus farming sector by enhancing crop diversity, supporting research and development, and fostering economic opportunities for growers.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $0
  • Gross Receipts: $477,553

    • Assets and Liabilities:
  • Total Assets: $126,225
  • Total Liabilities: $33,413
  • Net Assets: $92,812
  • Organization Details

    Founding Year

    2005

    Principal Officer

    J Peter Chaires

    Main Address

    800 TRAFALGAR CT STE 200, MAITLAND, FL, 32751

    NTEE Category

    Code: C42 - Environment

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