Nonprofit · EIN 56-0498664
TOBACCO ASSOCIATES INCORPORATED
Tax-exempt · RALEIGH, NC 27605
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $584,694 | $471,634 | $113,060 | $1,099,694 | $38,787 | $1,060,907 |
| December 31, 2024 | 990 | $522,644 | $552,908 | -$30,264 | $994,820 | $46,973 | $947,847 |
| December 31, 2023 | 990 | $614,120 | $517,915 | $96,205 | $1,036,459 | $58,348 | $978,111 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $561,932
- Investment income
- $22,762
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $231,039
- Salaries, compensation and benefits (total)
- $247,561
- Professional fundraising fees
- $0
- Accounting fees
- $10,400
- Occupancy
- $20,688
- Travel
- $17,303
- Program services (functional)
- $361,325
- Management and general (functional)
- $110,309
Balance sheet and other
- Total assets, start of year
- $994,820
- Total assets, end of year
- $1,099,694
- Total liabilities, end of year
- $38,787
- Net assets, end of year
- $1,060,907
- Net assets without donor restrictions
- $1,060,907
- Gross receipts
- $584,694
- Employees
- 3
- Volunteers
- 19
- Year formed
- 1947
- State of legal domicile
- NC
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| VERONICA MARTINS | SECRETARY/BOOKKEEPER Officer | 40 | $77,500 | $13,537 |
| KIMBERLY FOLEY | EXECUTIVE DIRECTOR Officer | 40 | $78,333 | $0 |
| HENRY C MOZINGO | PRESIDENT Officer | 40 | $52,500 | $9,169 |
| DEREK DAY | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| DAVID J HINNANT | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| JAY JENNINGS | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| MARK WELLONS | NC FARM BUREAU BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JACKIE THOMPSON | NC FARM BUREAU BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JEFF TYSON | NC FARM BUREAU BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JIMMY CREWS | TOBACCO GROWERS ASSOCIATION Trustee or director | 1 | $0 | $0 |
| BILLY CARTER | TOBACCO GROWERS ASSOCIATION Trustee or director | 1 | $0 | $0 |
| TIM YARBROUGH | TOBACCO GROWERS ASSOCIATION Trustee or director | 1 | $0 | $0 |
| WAYLON BAREFOOT | NC STATE GRANGE Trustee or director | 1 | $0 | $0 |
| GLENN PREDDY | NC STATE GRANGE Trustee or director | 1 | $0 | $0 |
| ROBERT MILLS | VIRGINIA FARM ORGANIZATIONS Trustee or director | 1 | $0 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TRENTON TYLER | SC FARM ORGANIZATIONS Trustee or director | 1 | $0 |
| BEN TEAL | SC FARM ORGANIZATIONS Trustee or director | 1 | $0 |
| CHANCE CALLAWAY | GEORGIA FARM ORGANIZATIONS Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 17 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| HENRY C MOZINGO | PRESIDENT Officer | 40 | $130,000 | $33,786 |
| VERONICA MARTINS | SECRETARY/BOOKKEEPER Officer | 40 | $80,000 | $12,522 |
| DEREK DAY | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| DAVID J HINNANT | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| JAY JENNINGS | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| MARK WELLONS | NC FARM BUREAU BOARD MEMBE Trustee or director | 1 | $0 | $0 |
| JACKIE THOMPSON | NC FARM BUREAU BOARD MEMBE Trustee or director | 1 | $0 | $0 |
| JEFF TYSON | NC FARM BUREAU BOARD MEMBE Trustee or director | 1 | $0 | $0 |
| JIMMY CREWS | TOBACCO GROWERS ASSOCIATIO Trustee or director | 1 | $0 | $0 |
| BRENT LEGGETT | TOBACCO GROWERS ASSOCIATIO Trustee or director | 1 | $0 | $0 |
| TIM YARBROUGH | TOBACCO GROWERS ASSOCIATIO Trustee or director | 1 | $0 | $0 |
| JOHN ISLEY | NC STATE GRANGE Trustee or director | 1 | $0 | $0 |
| GLENN PREDDY | NC STATE GRANGE Trustee or director | 1 | $0 | $0 |
| ROBERT MILLS | VIRGINIA FARM ORGANIZATION Trustee or director | 1 | $0 | $0 |
| TRENTON TYLER | SC FARM ORGANIZATIONS Trustee or director | 1 | $0 | $0 |
| BEN TEAL | SC FARM ORGANIZATIONS Trustee or director | 1 | $0 | $0 |
| CHANCE CALLAWAY | GEORGIA FARM ORGANIZATIONS Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 17 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| HENRY C MOZINGO | PRESIDENT Officer | 40 | $125,000 | $32,093 |
| VERONICA MARTINS | SECRETARY/BOOKKEEPER Officer | 40 | $75,000 | $11,821 |
| DEREK DAY | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| DAVID J HINNANT | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| JAY JENNINGS | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| MARK WELLONS | NC FARM BUREAU BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JACKIE THOMPSON | NC FARM BUREAU BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JEFF TYSON | NC FARM BUREAU BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JIMMY CREWS | TOBACCO GROWERS ASSOCIATION Trustee or director | 1 | $0 | $0 |
| BRENT LEGGETT | TOBACCO GROWERS ASSOCIATION Trustee or director | 1 | $0 | $0 |
| TIM YARBROUGH | TOBACCO GROWERS ASSOCIATION Trustee or director | 1 | $0 | $0 |
| JOHN ISLEY | NC STATE GRANGE Trustee or director | 1 | $0 | $0 |
| GLENN PREDDY | NC STATE GRANGE Trustee or director | 1 | $0 | $0 |
| ROBERT MILLS | VIRGINIA FARM ORGANIZATION Trustee or director | 1 | $0 | $0 |
| JOSH BAXLEY | SC FARM ORGANIZATIONS Trustee or director | 1 | $0 | $0 |
| BEN TEAL | SC FARM ORGANIZATIONS Trustee or director | 1 | $0 | $0 |
| CHANCE CALLAWAY | GEORGIA FARM ORGANIZATIONS Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 10603, RALEIGH, NC 27605-0603
- Principal officer (990 for 2025)
- KIMBERLY FOLEY, PO Box 10603, Raleigh, NC 27605
- Signed the 990
- KIMBERLY FOLEY, EXECUTIVE DIRECTOR
- Phone
- (919) 821-7670
- Website
- www.tobaccoassociatesinc.org
- Return prepared by
- Stancil PC
Mission
TOBACCO ASSOCIATES PROMOTES U.S. GROWN LEAF TOBACCO BY PROVIDING TRAINING, EDUCATION, AND INFORMATION ABOUT U.S. GROWN LEAF TOBACCO TO TOBACCO LEAF CUSTOMERS AROUND THE WORLD.
Program accomplishments
- TRADE SERVICING MISSIONS/INTERNATIONAL TRADE FAIRS: TOBACCO ASSOCIATES TRADE SERVICING MISSIONS PROVIDE AN OPPORTUNITY FOR MARKET EXPLORATION, CUSTOMER SERVICING, AND INFORMATION GATHERING. PERSONAL MEETINGS WITH CUSTOMERS AND POTENTIAL CUSTOMERS ALLOW TA TO OBTAIN RELEVANT INFORMATION REQUIRED TO ADEQUATELY ACCESS MARKET OPPORTUNITIES FOR U.S. FLUE-CURED EXPORTS. FRANK DISCUSSIONS ARE HELD ON A COUNTRY'S DOMESTIC MARKET SITUATION AND ITS SHORT AND LONG-TERM INDUSTRY OBJECTIVES. IN RETURN, TA HAS THE OPPORTUNITY TO EXPLAIN ITS MISSION AND CAPABILITIES AS WELL AS DISCUSS AREAS WHERE TA MAY BE OF ASSISTANCE IN THE UTILIZATION OF U.S. FLUE-CURED. TYPICALLY, ONE TA STAFF MEMBER MAKES A TRIP TO A TARGETED REGION WHERE MULTIPLE MEETINGS ARE HELD IN MULTIPLE COUNTRIES. THE DURATION OF THE TRIPS ARE USUALLY 18-21 DAYS, DEPENDING ON THE REGION VISITED.TO REACH A MUCH BROADER AND DIVERSE AUDIENCE, TA TYPICALLY COMBINES ITS TRADE SERVICING MISSIONS WITH PARTICIPATION IN INTERNATIONAL TRADE FAIRS. THE TRADE FAIRS ARE ATTENDED BY MUCH OF THE WORLDWIDE TOBACCO INDUSTRY, INCLUDING: LEAF SUPPLIERS, MATERIAL SUPPLIERS, EQUIPMENT SUPPLIERS, MANUFACTURERS, FLAVOR COMPANIES, ETC. THE FAIRS PROVIDE AN EXCELLENT OPPORTUNITY FOR TA TO DISTRIBUTE INFORMATION REGARDING ITS PROMOTION PROGRAMS, ESTABLISH NEW CONTACTS, STRENGTHEN EXISTING CONTACTS AND OBTAIN USEFUL INFORMATION. IT ALSO ALLOWS TA TO KEEP ABREAST OF THE LATEST TECHNOLOGIES AND TO MEET WITH PRODUCT SUPPLIERS WHOSE ASSISTANCE IS ESSENTIAL IN IMPLEMENTING ITS TECHNICAL PROMOTION PROGRAMS. TRADE FAIRS USUALLY LAST 3 DAYS WITH ANYWHERE FROM 25-75 COMPANIES EXHIBITING AND ARE ATTENDED BY HUNDREDS OF COMPANY OFFICIALS.Expenses $83,104
- PRODUCT DEVELOPMENT: PRODUCT DEVELOPMENT ENCOMPASSES THE TECHNICAL ASPECTS OF PROMOTION PROGRAMS AND ACCOMPLISH THE FOLLOWING: 1) FURTHER THE UNDERSTANDING OF THE UNIQUE QUALITY CHARACTERISTICS OF U.S. FLUE-CURED, 2) DEMONSTRATE HOW U.S. FLUE-CURED GRADES CAN BE UTILIZED TO IMPROVE THE SMOKING CHARACTERISTICS OF A BLEND, 3) DEMONSTRATE HOW CERTAIN BLENDING TECHNIQUES ARE USED TO MAXIMIZE THE POSITIVE CHARACTERISTICS AND MINIMIZE THE LESS DESIRABLE CHARACTERISTICS OF EACH GRADE IN A BLEND, 4) PROVIDE ADDITIONAL TRAINING AND INFORMATION IN THE USE OF CASING AND FLAVORING ADDITIVES TO ENHANCE THE CHARACTERISTICS OF TOBACCOS AND 5) PROVIDE AN OPPORTUNITY TO JOINTLY DEVELOP NEW BLENDS FOR OUR CUSTOMERS OR POTENTIAL CUSTOMERS.TA RELIES ON THE TECHNICAL EXPERIENCE OF ITS INDEPENDENT CONSULTANTS TO PROVIDE ON-SITE TRAINING AND DEVELOPMENT ASSISTANCE. TYPICALLY, FOUR TO SIX OFFICIALS ARE TRAINED DURING A 7-10 DAY PERIOD.Expenses $7,227
- U.S. TRADE STUDY MISSION/LEAF SEMINARS: TOBACCO ASSOCIATES TRADE STUDY MISSION AND LEAF SEMINAR EXPENSE CATEGORY BLENDS TWO OF OUR PROVEN PROGRAMS INTO ONE.LETTERS ARE EXTENDED TO THE MANAGEMENT OF KEY OVERSEAS CIGARETTE MANUFACTURERS INVITING THEM TO SEND TWO TO THREE REPRESENTATIVES FROM THEIR LEAF AND/OR BLEND DEVELOPMENT DEPARTMENT TO THE USA TO PARTICIPATE IN TOBACCO ASSOCIATES TWO WEEK TRAINING AND STUDY MISSION.PARTICIPANTS ARE PROVIDED AN INTENSE LEAF GRADING SCHOOL FOR U.S. FLUE-CURED LEAF. BLENDED INTO THE SCHOOL ARE IN-THE-FIELD OBSERVATION AND TRAINING VISITS TO FARMS, MARKETING CENTERS, PROCESSING PLANTS, AND MANUFACTURING.TYPICALLY, WE MAY HAVE 15-20 PARTICIPANTS FROM 8-12 COUNTRIES. OUR OBJECTIVE IS TO PROVIDE IN-DEPTH TRAINING ABOUT THE U.S. TOBACCO INDUSTRY AND SPECIFICALLY ABOUT THE VARIOUS GRADES OF U.S. GROWN LEAF. THE HOPE IS THAT THE GREATER KNOWLEDGE THE CUSTOMERS HAVE ABOUT U.S. LEAF THE MORE LIKELY THEY ARE TO PURCHASE U.S. LEAF. THE HANDS-ON DIRECT CONTACT WITH OUR FARMERS AND SUPPLIERS HAS PROVEN TO BE SUCCESSFUL. PARTICIPANTS ARE ASKED TO PROVIDE THEIR INTERNATIONAL TRANSPORTATION TO RALEIGH, NC AND TOBACCO ASSOCIATES PROVIDES LODGING, TRAINING, MATERIALS, INSTRUCTION, AND DOMESTIC TRANSPORTATION.Expenses $7,227
- INTERNATIONAL LEAF STANDARDS SEMINARS: INTERNATIONAL LEAF STANDARDS SEMINARS ARE CONDUCTED IN THE OVERSEAS MARKET AND DESIGNED TO PROVIDE THE FOUNDATION FOR UNDERSTANDING AND APPRECIATING THE QUALITY ASPECTS OF U.S. TOBACCO AND HOW TOBACCO IS GRADED BASED ON USDA OFFICIAL GRADE STANDARDS. THE SEMINARS PROVIDE AN OPPORTUNITY FOR TA TO PHYSICALLY DEMONSTRATE TO A LARGE NUMBER OF COMPANY OFFICIALS HOW STALK POSITION, COLOR, AND ELEMENTS OF QUALITY COMBINE TO DETERMINE A U.S. TOBACCO GRADE. THE HANDS-ON TRAINING ALLOWS PARTICIPANTS TO LEARN SPECIFIC GRADE ATTRIBUTES AND HOW THOSE ATTRIBUTES WERE DERIVED FROM PRODUCTION AND CURING PRACTICES. FOR THOSE OFFICIALS DIRECTLY INVOLVED IN LEAF UTILIZATION OR PURCHASING, IT GIVES THEM A BETTER UNDERSTANDING OF WHICH GRADES ARE MORE DESIRABLE AND SUITABLE FOR THEIR BLEND NEEDS.Expenses $263,767
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 56-0498664
- Tax-exempt status
- 501(c)(5): Labor, agricultural or horticultural organization
- Donations deductible
- No
- Exempt since
- 1953
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,099,694
- Income (IRS master file)
- $584,694
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $584,694 | $471,634 | $1,099,694 | XML |
| 990 | December 2024 | $522,644 | $552,908 | $994,820 | XML |
| 990 | December 2023 | $614,120 | $517,915 | $1,036,459 | XML |
| 990 | December 2022 | $558,960 | $507,742 | $895,516 | IRS |
| 990 | December 2021 | $542,847 | $432,398 | $835,111 | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 56-0498664).
Questions about TOBACCO ASSOCIATES INCORPORATED
- What is the EIN of TOBACCO ASSOCIATES INCORPORATED?
- The employer identification number (EIN) of TOBACCO ASSOCIATES INCORPORATED is 56-0498664.
- Is TOBACCO ASSOCIATES INCORPORATED tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(5) since 1953.
- Are donations to TOBACCO ASSOCIATES INCORPORATED tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does TOBACCO ASSOCIATES INCORPORATED 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 TOBACCO ASSOCIATES INCORPORATED due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did TOBACCO ASSOCIATES INCORPORATED last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of TOBACCO ASSOCIATES INCORPORATED?
- The 990 for the year ended December 31, 2025 names KIMBERLY FOLEY.
- Who are the officers and directors of TOBACCO ASSOCIATES INCORPORATED?
- The 990 for the year ended December 31, 2025 lists 18 people; 3 received compensation from the organization, the highest $77,500 (VERONICA MARTINS, SECRETARY/BOOKKEEPER).
- How much revenue does TOBACCO ASSOCIATES INCORPORATED have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $584,694, expenses of $471,634 and total assets of $1,099,694 at year end.
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