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Nonprofit · EIN 20-0622729

COTTON RESEARCH AND PROMOTION DEFENSE COUNCIL INC

Tax-exempt · CORDOVA, TN 38088

Financials

$196K$69K2023$369K$106K2024
Revenue Expenses · by fiscal year end
Financials of COTTON RESEARCH AND PROMOTION DEFENSE COUNCIL INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$368,912$105,804$263,108$9,427,972$0$9,427,972
December 31, 2023990$195,548$68,749$126,799$8,385,942$0$8,385,942
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$368,912
Net gain from sales of assets
$132,742
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$2,820
Travel
$44,260

Balance sheet and other

Total assets, start of year
$8,385,942
Total assets, end of year
$9,427,972
Total liabilities, end of year
$0
Net assets, end of year
$9,427,972
Publicly traded securities
$9,421,998
Net assets without donor restrictions
$9,427,972
Gross receipts
$1,940,090
Employees
0
Volunteers
0
Year formed
2004
State of legal domicile
TN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
TED SHEELYCHAIRMAN
Trustee or director, Officer
0$0
AARON BARCELLOSDIRECTOR
Trustee or director
0$0
DAHLEN HANCOCKDIRECTOR
Trustee or director
0$0
JON HARDWICKSECRETARY/TREASURER
Trustee or director, Officer
0$0
JAMES SANFORDDIRECTOR
Trustee or director
0$0
CRAIG SHOOKDIRECTOR
Trustee or director
0$0
MIKE STURDIVANT JRDIRECTOR
Trustee or director
0$0
DREW DAVISASSISTANT TREASURER
Officer
0$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
TED SHEELYCHAIRMAN
Trustee or director, Officer
0$0
AARON BARCELLOSDIRECTOR
Trustee or director
0$0
DAHLEN HANCOCKDIRECTOR
Trustee or director
0$0
JON HARDWICKSECRETARY/TREASURER
Trustee or director, Officer
0$0
JAMES SANFORDDIRECTOR
Trustee or director
0$0
CRAIG SHOOKDIRECTOR
Trustee or director
0$0
MIKE STURDIVANT JRDIRECTOR
Trustee or director
0$0
DREW DAVISASSISTANT TREASURER
Officer
0$0

Address and contacts

Address (IRS master file)
PO BOX 2995, CORDOVA, TN 38088-2995
Principal officer (990 for 2024)
TED SHEELY, 555 PHILAN CIRCLE, LEMOORE, CA 93245
Signed the 990
DREW DAVIS, ASSISTANT TREASURER
Phone
(901) 274-9030

Mission

TO ASSIST IN RESEARCH IN PROMOTION ACTIVITIES CONCERNING COTTON BY ASSISTING IN THE DEFENSE OF THE CONSTITUTIONALITY OF THE COTTON RESEARCH AND PROMOTION ACT OF 1966 AND THE RESEARCH AND PROMOTION ACTIVITIES CARRIED OUT IN ACCORDANCE WITH THAT ACT.

990 for the year ended December 31, 2024

Program accomplishments

  • ASSISTED IN RESEARCH AND PROMOTION ACTIVITIES CONCERNING COTTON BY ASSISTING IN THE DEFENSE OF THE CONSTITUTIONALITY OF THE COTTON RESEARCH AND PROMOTION ACT OF 1966 AND THE RESEARCH AND PROMOTION ACTIVITIES CARRIED OUT IN ACCORDANCE WITH THAT ACT.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
20-0622729
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2004
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$9,427,972
Income (IRS master file)
$1,940,090

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$368,912$105,804$9,427,972XML
990December 2023$195,548$68,749$8,385,942XML
990December 2022$148,923$76,643$7,323,432IRS
990December 2021–––IRS
990December 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-0622729).

Questions about COTTON RESEARCH AND PROMOTION DEFENSE COUNCIL INC

What is the EIN of COTTON RESEARCH AND PROMOTION DEFENSE COUNCIL INC?
The employer identification number (EIN) of COTTON RESEARCH AND PROMOTION DEFENSE COUNCIL INC is 20-0622729.
Is COTTON RESEARCH AND PROMOTION DEFENSE COUNCIL INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2004.
Are donations to COTTON RESEARCH AND PROMOTION DEFENSE COUNCIL INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does COTTON RESEARCH AND PROMOTION DEFENSE COUNCIL INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of COTTON RESEARCH AND PROMOTION DEFENSE COUNCIL INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did COTTON RESEARCH AND PROMOTION DEFENSE COUNCIL INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of COTTON RESEARCH AND PROMOTION DEFENSE COUNCIL INC?
The 990 for the year ended December 31, 2024 names TED SHEELY.
Who are the officers and directors of COTTON RESEARCH AND PROMOTION DEFENSE COUNCIL INC?
The 990 for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
How much revenue does COTTON RESEARCH AND PROMOTION DEFENSE COUNCIL INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $368,912, expenses of $105,804 and total assets of $9,427,972 at year end.

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