2024-11-06T16:02:56-05:00 2023-12-31 453122402 FRED T NEELY & COMPANY PLLC 111 W PARK AVE GREENWOOD MS 38930 990 2023-01-01 620113620 AMERICAN COTTON SHIPPERS ASSOCIATION AMER 9015252272 88 UNION AVE STE 1204 LB38 MEMPHIS TN 38103 WILLIAM H ALLEN PRESIDENT AND CEO 9015252272 2024-11-06 true false OLLIE LANCE MOHAMED P00852643 6624537112 2024-11-06 2023 2024-10-15 13:58:12Z WILLIAM H ALLEN 942 HICKORY LANE TUNICA MS 38676 4171490 false X WWW.ACSA-COTTON.ORG X 1924 TN THE AMERICAN COTTON SHIPPERS ASSOCIATION WAS ORGANIZED ON JULY 8, 1924 TO PROVIDE A UNITED VOICE FOR THE COTTON MERCHANDISING TRADE OF THE UNITED STATES. ACSA IS COMPRISED OF MERCHANTS, PRIMARY BUYERS AND MILL SERVICE AGENTS WHO ARE MEMBERS OF FOUR FEDERATED ASSOCIATIONS LOCATED THROUGHOUT THE COTTON BELT: ATLANTIC COTTON ASSOCIATION SOUTHERN COTTON ASSOCIATION TEXAS COTTON ASSOCIATION WESTERN COTTON SHIPPERS ASSOCIATION ACSA'S MEMBER FIRMS HANDLE OVER 80% OF THE U.S. COTTON SOLD IN DOMESTIC AND FOREIGN MARKETS. THE SIGNIFICANT MARKET INVOLVEMENT OF ACSA MEMBERS REQUIRES THAT THE ASSOCIATION TAKE AN ACTIVE PART IN PROMOTING THE INCREASED USE OF COTTON IN THE U.S. AND THROUGHOUT THE WORLD; ESTABLISHING WITH OTHER COTTON TRADE ORGANIZATIONS NATIONAL AND INTERNATIONAL STANDARDS FOR TRADE; COLLABORATING WITH PRODUCER ORGANIZATIONS THROUGHOUT THE COTTON BELT IN FORMULATING FARM PROGRAMS; AND COOPERATING WITH GOVERNMENT AGENCIES IN THE ADMINISTRATION OF SUCH PROGRAMS. COTTON MERCHANTS AT EVE 18 18 4 0 1883152 1992655 0 -1059265 947069 234835 261411 1058722 3201135 0 0 697457 848496 0 0 2213318 1879272 2910775 2727768 -1852053 473367 6049279 6542304 9736 29394 6039543 6512910 X 1. ENCOURAGE THE PRODUCTION OF AN ADEQUATE AND DIVERSE SUPPLY OF COTTON AT COMPETITIVE PRICES TO MEET THE NEEDS OF OUR DOMESTIC AND FOREIGN MILL CUSTOMERS. 2. EDUCATE PRODUCER AND MILL CUSTOMERS ON THE PRUDENT AND APPROPRIATE USE OF THE AVAILABLE RISK MANAGEMENT INSTRUMENTS THAT WILL ENABLE THEM TO MAXIMIZE THEIR PROFIT POTENTIAL IN THE MARKET. 3. CONTRACT FOR THE FORWARD PURCHASE AND SALE OF COTTON TO LOCK IN A MARKET PRICE FOR EACH OF OUR CUSTOMERS. 4. FACILITATE THE PROMPT HARVESTING, PROCESSING, SHIPMENT AND DELIVERY ACSA MEMBERS ARE ENGAGED IN A GREAT ENTERPRISE, THE PURCHASING, STORING, TRANSPORTING, AND MERCHANDISING OF AMERICA'S MOST VALUABLE CASH CROP AND ITS MOST ABUNDANT NATURAL FIBER. OUR OBJECTIVES, OUR CHALLENGES, OUR VITAL MISSION REQUIRES US TO. false false THE ORGANIZATION EXISTS TO PROTECT AND ENHANCE THE COTTON MERCHANDISING INDUSTRY. THE ORGANIZATION EXISTS TO PROTECT AND ENHANCE THE COTTON MERCHANDISING INDUSTRY. false false false true false false false false false true false false false true false true false false false true false false false false false false false false true false false false false false false false false false false false false false false true 9 9 true 4 true false false false false false false false false false false false false false false X 18 18 true false false false true true false true true false false false false false true true false false X STEPHANIE VINZANT 9015252272 88 UNION AVE STE 1204 MEMPHIS TN 38103 X WILLIAM H ALLEN PRESIDENT AN X 472846 0 0 LESLIE S GOULD VICE PRESIDE 40.00 X 124038 0 0 AMY BAIN DIRECTOR X 0 0 0 KEITH ELZIE DIRECTOR X 0 0 0 RAYMOND FAUS DIRECTOR X 0 0 0 JEFF JOHNSON DIRECTOR X 0 0 0 ERNST D SCHROEDER JR CHAIRMAN X 0 0 0 H THOMAS HAYDEN JR PAST CHAIRMA X 0 0 0 JOHN KING DIRECTOR X 0 0 0 DARREN LONG SECOND VICE X 0 0 0 KEVIN MCDERMOTT DIRECTOR X 0 0 0 THOMAS MCMEEKIN DIRECTOR X 0 0 0 NICK PEAY DIRECTOR X 0 0 0 LEIGH PELL DIRECTOR X 0 0 0 ROBIN PIGOT DIRECTOR X 0 0 0 BRADY RAINDL DIRECTOR X 0 0 0 WESLEY RENTZ DIRECTOR X 0 0 0 KRISTA RICKMAN DIRECTOR X 0 0 0 JOHN ROMINES DIRECTOR X 0 0 0 BEAU STEPHENSON DIRECTOR X 0 0 0 AZEEZ SYED VICE CHAIRMA X 0 0 0 WILLIAM JONES TREASURER X 0 0 0 596884 2 false true false DELTA STRATEGY GROUP 600 PENNSYLVANIA AVE SE WASHINGTON DC 200034316 CONSULTANT 165630 THE MACON EDWARDS COMPANY 600 PENNSYLVANIA AVE SE WASHINGTON DC 200034316 CONSULTANT 132504 2 1992655 1992655 869243 869243 1048181 970355 77826 77826 77826 CONVENTION INCOME 561000 200610 200610 MISCELLANEOUS INCOME 900099 60801 60801 261411 3201135 339237 869243 722863 722863 32623 32623 59523 59523 33487 33487 50792 50792 23000 23000 280473 280473 52254 52254 50025 50025 31835 31835 82910 82910 69381 69381 88674 88674 475003 475003 16085 16085 7051 7051 NCC DUES 325000 325000 CONTRIBUTIONS 250000 250000 DUES 35704 35704 COTCO FEES 25198 25198 15887 15887 2727768 2727768 0 0 204167 64119 34680 462195 97482 76541 236445 209610 42150 26835 5511856 5666409 158944 246205 6049279 6542304 9736 29394 9736 29394 X 6039543 6512910 6039543 6512910 6049279 6542304 X 473367 X false true X false false false false false 2193265 168852 168852 168852 236445 209610 26835 26835 ACCOUNTS PAYABLE/ACCRUED EXPENSE 21826 CASH HELD FOR OTHERS (CSAB) 7568 29394 3201135 3201135 3201135 2727768 2727768 2727768 SCHEDULE D, PAGE 4, PART XI, LINE 4B LOSS ON SALE OF EQUIPMENT 0 SCHEDULE D, PAGE 4, PART XII, LINE 4B LOSS ON SALE OF EQUIPMENT 0 false EAST ASIA AND THE PACIFIC 1 PROGRAM SERVICES CONSULTANT 1 1 false false false false false false SCHEDULE F, PAGE 1, PART I, LINE 3 EAST ASIA AND THE PACIFIC 0 0 false false false WILLIAM H ALLEN PRESIDENT AND CEO 472846 472846 FORM 990 - ORGANIZATION'S MISSION 1. ENCOURAGE THE PRODUCTION OF AN ADEQUATE AND DIVERSE SUPPLY OF COTTON AT COMPETITIVE PRICES TO MEET THE NEEDS OF OUR DOMESTIC AND FOREIGN MILL CUSTOMERS. 2. EDUCATE PRODUCER AND MILL CUSTOMERS ON THE PRUDENT AND APPROPRIATE USE OF THE AVAILABLE RISK MANAGEMENT INSTRUMENTS THAT WILL ENABLE THEM TO MAXIMIZE THEIR PROFIT POTENTIAL IN THE MARKET. 3. CONTRACT FOR THE FORWARD PURCHASE AND SALE OF COTTON TO LOCK IN A MARKET PRICE FOR EACH OF OUR CUSTOMERS. 4. FACILITATE THE PROMPT HARVESTING, PROCESSING, SHIPMENT AND DELIVERY ACSA MEMBERS ARE ENGAGED IN A GREAT ENTERPRISE, THE PURCHASING, STORING, TRANSPORTING, AND MERCHANDISING OF AMERICA'S MOST VALUABLE CASH CROP AND ITS MOST ABUNDANT NATURAL FIBER. OUR OBJECTIVES, OUR CHALLENGES, OUR VITAL MISSION REQUIRES US TO. FORM 990, PAGE 2, PART III, LINE 4D THE ORGANIZATION EXISTS TO PROTECT AND ENHANCE THE COTTON MERCHANDISING INDUSTRY. FORM 990, PAGE 6, PART VI, LINE 2 ERNST D SCHROEDER JR JESS SMITH & SONS COTTON INC. CHAIRMAN MERCHANT EMPLOYEE/EMPLOYER AZEEZ SYED OLAM AGRI AMERCAS INC VICE CHAIR MERCHANT EMPLOYEE/EMPLOYER H THOMAS HAYDEN JR LOUIS DREYFUS COMPANY FORMER CHAIR MERCHANT EMPLOYEE/EMPLOYER RAYMOND FAUS OMNICOTTON DIRECTOR MERCHANT EMPLOYEE/EMPLOYER JEFF JOHNSON LOUIS DREYFUS COMPANY DIRECTOR MERCHANT EMPLOYEE/EMPLOYER JOHN KING OLAM AGRI AMERCAS INC DIRECTOR MERCHANT EMPLOYEE/EMPLOYER DARREN LONG ECOM USA LLC DIRECTOR MERCHANT EMPLOYEE/EMPLOYER KEVIN MCDERMOTT JESS SMITH & SONS COTTON INC DIRECTOR MERCHANT EMPLOYEE/EMPLOYER AMY BAIN LOUIS DREYFUS COMPANY DIRECTOR MERCHANT EMPLOYEE/EMPLOYER JOHN ROMINES OLAM AGRI AMERICAS INC DIRECTOR MERCHANT EMPLOYEE/EMPLOYER NICK PEAY LOUIS DREYFUS COMPANY DIRECTOR MERCHANT EMPLOYEE/EMPLOYER LEIGH PELL LOUIS DREYFUS COMPANY DIRECTOR MERCHANT EMPLOYEE/EMPLOYER ROBIN PIGOT CARGILL COTTON DIRECTOR MERCHANT EMPLOYEE/EMPLOYER WESLEY RENTZ OLAM AGRI AMERCAS INC DIRECTOR MERCHANT EMPLOYEE/EMPLOYER KRISTA RICKMAN CARGILL COTTON DIRECTOR MERCHANT EMPLOYEE/EMPLOYER BEAU STEPHENSON OMNICOTTON LLC DIRECTOR MERCHANT EMPLOYEE/EMPLOYER KEITH ELZIE ECOM USA LLC DIRECTOR MERCHANT EMPLOYEE/EMPLOYER THOMAS MCMEEKIN MCMEEKIN COTTON LLC DIRECTOR MERCHANT EMPLOYEE/EMPLOYER BRADY RAINDL ECOM USA LLC DIRECTOR MERCHANT EMPLOYEE/EMPLOYER WILLIAM JONES LOUIS DREYFUS COMPANY TREASURER MERCHANT EMPLOYEE/EMPLOYER FORM 990, PAGE 6, PART VI, LINE 6 ACSA HAS FOUR FEDERATED MEMBER FIRMS, AND EACH OF THOSE HAS MEMBERS. CURRENTLY THERE ARE APPROXIMATELY 96 MEMBER FIRMS FORM 990, PAGE 6, PART VI, LINE 7A AT THE NATIONAL CONVENTION THE MEMBER FIRMS VOTE TO APPROVE THE BOARD OF DIRECTORS FORM 990, PAGE 6, PART VI, LINE 11B THE 990 IS REVIEWED BY THE OFFICERSINCLUDING THE CHAIRMAN, THE PRESIDENT AND THE TREASURER. FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION OF THE PRESIDENT IS DISCUSSED, REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 19 THE BYLAWS ARE PUBLISHED ON THE ORGANIZATION'S WEBSITE. FINANCIALS AND ALL OTHER DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9 LOSS ON SALE OF EQUIPMENT 0 LOSS ON SALE OF EQUIPMENT 0