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Florida Foundation Seed Producers Inc

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

EIN: 590931036 ✦ Greenwood, FL ✦ Designated as a 501(c)(3)

Overview

What is Florida Foundation Seed Producers Inc?

Florida Foundation Seed Producers Inc is a nonprofit organization based in Greenwood, Florida, with a PO Box address (309, 32443). They act as an agent for the Florida Agricultural Experiment Station (FAES) and manage royalties from released and licensed cultivars. The organization provides essential services, such as office space and personnel, to handle plant variety protection, trademark, and plant patent breeders rights applications. They facilitate the licensing and marketing of FAES-released cultivars and oversee contract negotiations, execution, and management. Their mission is to ensure foundation seed and nursery stocks of the best-known varieties suited to Florida's climate and soils are available annually for farmers and producers. The organization employs a team of ten individuals.


Official website here: www.ffsp.net

Is Florida Foundation Seed Producers Inc legitimate?

Florida Foundation Seed Producers Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Florida Foundation Seed Producers 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: $171,935
Professional Fundraising Fees: $0
Other Salaries and Wages: $377,983

For more financial information, click here


Official website here: www.ffsp.net

What is the mission statement of Florida Foundation Seed Producers Inc?

The Florida Foundation Seed Producers Inc is dedicated to ensuring the availability of foundation seed and nursery stocks of the best-suited varieties for Florida farmers and producers. Acting as an agent for the Florida Agricultural Experiment Station, the organization facilitates the licensing and marketing of released cultivars, handling plant variety protection, trademark, and patent breeders' rights applications. By providing office space and personnel, the Foundation manages contracts, enabling the cultivation and distribution of varieties tailored to the local climate and soil conditions. This commitment ensures that Florida farmers and producers have access to high-quality foundation seed annually.


Official website here: www.ffsp.net

Who is the CEO of Florida Foundation Seed Producers Inc?

John Beuttenmuller is the Edsectreasurer of Florida Foundation Seed Producers Inc.


Official website here: www.ffsp.net

What is the revenue of Florida Foundation Seed Producers Inc?

Florida Foundation Seed Producers Inc's revenue in 2022 was $18,438,101.


Official website here: www.ffsp.net

Who are the executives of Florida Foundation Seed Producers Inc and what are their salaries?

The average compensation at Florida Foundation Seed Producers Inc during 2022 was $54,992. There are 10 employees and 14 volunteers at Florida Foundation Seed Producers Inc.

Here are 15 key members and their salaries:

    John Beuttenmuller (Edsectreasurer)
  • Compensation: $7,203
  • Related: $152,978
  • Other: $36,617

    • Anthony Adams (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rob Gilbert (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Sizemore (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sam Greenwood (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ricky Hartley (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nate Jameson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Miller (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin Morgan (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nick Place (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ty Strode (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wes Wood (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott Robinson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jared Forrester (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bill Bullard (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.ffsp.net

    Where can I find the form 990 for Florida Foundation Seed Producers Inc?

    The Florida Foundation Seed Producers Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.ffsp.net

    Learn more at the official website: www.ffsp.net

    Mission Statement of Florida Foundation Seed Producers Inc

    Florida Foundation Seed Producers Inc, a crucial agent for the Florida Agricultural Experiment Station (FAES), is dedicated to ensuring the availability of foundation seed and nursery stocks of the finest varieties tailored to Florida's climate and soil conditions for local farmers and producers annually. The organization serves as a vital bridge, facilitating the licensing and marketing of FAES-released cultivars, and managing the negotiation, execution, and implementation of contracts. By handling plant variety protection, trademark, and plant patent breeders rights applications, Florida Foundation Seed Producers Inc provides essential support to Florida's agricultural sector, enabling farmers and producers to access the best seed options for their crops.

    Impact

    This information is meant to be a general summary of Florida Foundation Seed Producers Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Florida Foundation Seed Producers Inc plays a crucial role in ensuring that Florida farmers and producers have access to high-quality foundation seed and nursery stocks of the best-known varieties that are well-suited to the state's unique climate and soils. By acting as an agent for the Florida Agricultural Experiment Station, the organization helps facilitate the licensing and marketing of released cultivars, as well as manages contracts and royalties. This ensures that farmers in Florida have reliable access to the latest and most suitable agricultural varieties, ultimately contributing to the state's food production and agricultural sustainability.





    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: $-29,073
  • Program Service Revenue: $18,238,347
  • Gross Receipts: $20,592,510

    • Assets and Liabilities:
  • Total Assets: $24,869,112
  • Total Liabilities: $10,385,835
  • Net Assets: $14,483,277
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Royalties Collections

    Revenue

    $18,099,289

    USDAFSA Income

    Revenue

    $132,648

    Other Income

    Revenue

    $6,410

    Organization Details

    Founding Year

    1943

    Principal Officer

    John Beuttenmuller

    Main Address

    PO Box 309, Greenwood, FL, 32443

    NTEE Category

    Code: K05 - Food

    If you are a representative of Florida Foundation Seed Producers Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.