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Nonprofit · EIN 62-0113620

AMERICAN COTTON SHIPPERS ASSOCIATION

Tax-exempt · MEMPHIS, TN 38119

Financials

$3.2M$2.7M2023$3.6M$3.7M2024$3M$3.5M2025
Revenue Expenses · by fiscal year end
Financials of AMERICAN COTTON SHIPPERS ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$2,996,240$3,490,997-$494,757$6,172,994$249,619$5,923,375
December 31, 2024990$3,599,769$3,694,547-$94,778$6,690,485$272,353$6,418,132
December 31, 2023990$3,201,135$2,727,768$473,367$6,542,304$29,394$6,512,910
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$2,377,494
Membership dues
$2,377,494
Program service revenue
$0
Investment income
$65,043
Other revenue
$553,703

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$1,345,872
Salaries, compensation and benefits (total)
$1,515,541
Professional fundraising fees
$0
Legal fees
$151,924
Occupancy
$54,650
Travel
$123,318
Depreciation
$28,412
Program services (functional)
$3,490,997

Balance sheet and other

Total assets, start of year
$6,690,485
Total assets, end of year
$6,172,994
Total liabilities, end of year
$249,619
Net assets, end of year
$5,923,375
Land, buildings and equipment
$397,769
Publicly traded securities
$5,119,597
Net assets without donor restrictions
$5,923,375
Gross receipts
$2,996,240
Employees
5
Year formed
1924
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, 2025, highest compensation first.

NameTitleHours / weekCompensation
WILLIAM H ALLENPRESIDENT AN
Key employee
–$884,346
SHEA GOULD ISHEEVICE PRESIDE
Highest-paid employee
–$294,022
ELLEN BATCHELDERDIRECTOR
Trustee or director
–$0
RAYMOND FAUSDIRECTOR
Trustee or director
–$0
WILLIAM H JONES IIITREASURER
Trustee or director
–$0
JEFF JOHNSONDIRECTOR
Trustee or director
–$0
ERNST D SCHROEDER JRDIRECTOR
Trustee or director
–$0
JOHN KINGDIRECTOR
Trustee or director
–$0
DARREN LONGCHAIRMAN
Trustee or director
–$0
KEVIN MCDERMOTTDIRECTOR
Trustee or director
–$0
JOSEPH T NICOSIADIRECTOR
Trustee or director
–$0
RIDWAAN OMARDIRECTOR
Trustee or director
–$0
NICK PEAYVICE CHAIRMA
Trustee or director
–$0
LEIGH PELLDIRECTOR
Trustee or director
–$0
BRADY RAINDLDIRECTOR
Trustee or director
–$0
5 more people on this return
NameTitleHours / weekCompensation
WESLEY RENTZDIRECTOR
Trustee or director
–$0
KRISTA RICKMANVICE CHAIRME
Trustee or director
–$0
BEAU STEPHENSONDIRECTOR
Trustee or director
–$0
AZEEZ SYEDPAST CHAIRMA
Trustee or director
–$0
NEIL WOODSDIRECTOR
Trustee or director
–$0
990 for the year ended December 31, 2024: 22 people
NameTitleHours / weekCompensation
WILLIAM H ALLENPRESIDENT AN
Key employee
–$543,769
SHEA GOULD ISHEEVICE PRESIDE
Highest-paid employee
–$296,904
CHRIS ALPHINDIRECTOR
Trustee or director
–$0
ELLEN BATCHELDERDIRECTOR
Trustee or director
–$0
RAYMOND FAUSDIRECTOR
Trustee or director
–$0
WILLIAM H JONES IIITREASURER
Trustee or director
–$0
COLIN ISLEDIRECTOR
Trustee or director
–$0
JEFF JOHNSONDIRECTOR
Trustee or director
–$0
H THOMAS HAYDEN JRDIRECTOR
Trustee or director
–$0
ERNST D SCHROEDER JRIMMED. PAST
Trustee or director
–$0
JOHN KINGDIRECTOR
Trustee or director
–$0
DARREN LONGVICE CHAIRMA
Trustee or director
–$0
KEVIN MCDERMOTTDIRECTOR
Trustee or director
–$0
NICK PEAYVICE CHAIRMA
Trustee or director
–$0
LEIGH PELLDIRECTOR
Trustee or director
–$0
BRADY RAINDLDIRECTOR
Trustee or director
–$0
WESLEY RENTZDIRECTOR
Trustee or director
–$0
KRISTA RICKMANDIRECTOR
Trustee or director
–$0
JOHN ROMINESDIRECOR
Trustee or director
–$0
BEAU STEPHENSONDIRECTOR
Trustee or director
–$0
AZEEZ SYEDCHAIRMAN
Trustee or director
–$0
NEIL WOODSDIRECTOR
Trustee or director
–$0
990 for the year ended December 31, 2023: 22 people
NameTitleHours / weekCompensation
WILLIAM H ALLENPRESIDENT AN
Key employee
–$472,846
LESLIE S GOULDVICE PRESIDE
Highest-paid employee
40$124,038
AMY BAINDIRECTOR
Trustee or director
–$0
KEITH ELZIEDIRECTOR
Trustee or director
–$0
RAYMOND FAUSDIRECTOR
Trustee or director
–$0
JEFF JOHNSONDIRECTOR
Trustee or director
–$0
ERNST D SCHROEDER JRCHAIRMAN
Trustee or director
–$0
H THOMAS HAYDEN JRPAST CHAIRMA
Trustee or director
–$0
JOHN KINGDIRECTOR
Trustee or director
–$0
DARREN LONGSECOND VICE
Trustee or director
–$0
KEVIN MCDERMOTTDIRECTOR
Trustee or director
–$0
THOMAS MCMEEKINDIRECTOR
Trustee or director
–$0
NICK PEAYDIRECTOR
Trustee or director
–$0
LEIGH PELLDIRECTOR
Trustee or director
–$0
ROBIN PIGOTDIRECTOR
Trustee or director
–$0
BRADY RAINDLDIRECTOR
Trustee or director
–$0
WESLEY RENTZDIRECTOR
Trustee or director
–$0
KRISTA RICKMANDIRECTOR
Trustee or director
–$0
JOHN ROMINESDIRECTOR
Trustee or director
–$0
BEAU STEPHENSONDIRECTOR
Trustee or director
–$0
AZEEZ SYEDVICE CHAIRMA
Trustee or director
–$0
WILLIAM JONESTREASURER
Officer
–$0

Address and contacts

Address (IRS master file)
6075 POPLAR AVE, MEMPHIS, TN 38119-4740
Principal officer (990 for 2025)
WILLIAM H ALLEN, 942 HICKORY LANE, TUNICA, MS 38676
Signed the 990
WILLIAM H ALLEN, PRESIDENT AND CEO
Phone
(901) 525-2272
Return prepared by
FRED T NEELY & COMPANY PLLC

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.

990 for the year ended December 31, 2025

Program accomplishments

  • THE ORGANIZATION EXISTS TO PROTECT AND ENHANCE THE COTTON MERCHANDISING INDUSTRY.
  • THE ORGANIZATION EXISTS TO PROTECT AND ENHANCE THE COTTON MERCHANDISING INDUSTRY.

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
62-0113620
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1931
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$6,172,994
Income (IRS master file)
$2,996,240

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$2,996,240$3,490,997$6,172,994IRS
990December 2024$3,599,769$3,694,547$6,690,485XML
990December 2023$3,201,135$2,727,768$6,542,304XML
990December 2022$1,058,722$2,910,775$6,049,279IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 62-0113620).

Questions about AMERICAN COTTON SHIPPERS ASSOCIATION

What is the EIN of AMERICAN COTTON SHIPPERS ASSOCIATION?
The employer identification number (EIN) of AMERICAN COTTON SHIPPERS ASSOCIATION is 62-0113620.
Is AMERICAN COTTON SHIPPERS ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1931.
Are donations to AMERICAN COTTON SHIPPERS ASSOCIATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does AMERICAN COTTON SHIPPERS ASSOCIATION 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 AMERICAN COTTON SHIPPERS ASSOCIATION 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 AMERICAN COTTON SHIPPERS ASSOCIATION 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 AMERICAN COTTON SHIPPERS ASSOCIATION?
The 990 for the year ended December 31, 2025 names WILLIAM H ALLEN.
Who are the officers and directors of AMERICAN COTTON SHIPPERS ASSOCIATION?
The 990 for the year ended December 31, 2025 lists 20 people; 2 received compensation from the organization, the highest $884,346 (WILLIAM H ALLEN, PRESIDENT AN).
How much revenue does AMERICAN COTTON SHIPPERS ASSOCIATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $2,996,240, expenses of $3,490,997 and total assets of $6,172,994 at year end.

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