Nonprofit · EIN 62-6048143
COTTON FOUNDATION
Tax-exempt · CORDOVA, TN 38088
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,252,489 | $1,355,117 | -$102,628 | $5,184,625 | $125,347 | $5,059,278 |
| June 30, 2024 | 990 | $1,225,596 | $1,040,834 | $184,762 | $4,921,119 | $43,283 | $4,877,836 |
| June 30, 2023 | 990 | $1,456,883 | $877,685 | $579,198 | $4,429,040 | $35,363 | $4,393,677 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $815,635
- Program service revenue
- $0
- Investment income
- $151,854
- Net rental income
- $285,000
- Net gain from sales of assets
- $56,154
- Other revenue
- $285,000
Expenses
- Grants and similar amounts paid
- $416,414
- Compensation of officers, directors and key employees
- $30,117
- Other salaries and wages
- $59,209
- Salaries, compensation and benefits (total)
- $106,502
- Professional fundraising fees
- $0
- Accounting fees
- $10,300
- Occupancy
- $113,334
- Travel
- $305,332
- Depreciation
- $392
- Program services (functional)
- $1,131,971
- Management and general (functional)
- $223,146
Balance sheet and other
- Total assets, start of year
- $4,921,119
- Total assets, end of year
- $5,184,625
- Total liabilities, end of year
- $125,347
- Net assets, end of year
- $5,059,278
- Land, buildings and equipment
- $627,193
- Publicly traded securities
- $3,798,824
- Net assets without donor restrictions
- $3,731,168
- Net assets with donor restrictions
- $1,328,110
- Gross receipts
- $1,622,472
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1956
- State of legal domicile
- DE
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| GARY ADAMS | EXECUTIVE VICE PRESIDENT Officer | 1 | $0 | $453,943 | $74,333 |
| CHAD BREWER | EXECUTIVE DIRECTOR/SECRETA Officer | 1 | $0 | $176,343 | $49,013 |
| DREW DAVIS | ASSISTANT TREASURER Officer | 1 | $0 | $157,024 | $32,161 |
| MATT REKEWEG | TREASURER Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| HANK JONES | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| TRAVIS BECTON | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| JENNIFER CRUMPLER | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| DAVID C LIGHT | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| ERIC CASTNER | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| JEFFREY D SMITH | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| TODD ROVEY | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| DEAN CALVANI | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| ROSS RUTHERFORD | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| SAM WHITAKER | CHAIRMAN Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| ANDREW CONNER | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
4 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PHILLIP EDWARDS III | PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| MACIE O'SHAUGHNESSY | TRUSTEE Trustee or director | 0.5 | $0 |
| JACK ROYAL | TRUSTEE Trustee or director | 0.5 | $0 |
| ROGERS LEONARD | TRUSTEE Trustee or director | 0.5 | $0 |
990 for the year ended June 30, 2024: 17 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| GARY ADAMS | EXECUTIVE VICE PRESIDENT Officer | 1 | $0 | $458,958 | $71,599 |
| DREW DAVIS | ASSISTANT TREASURER Officer | 1 | $0 | $147,398 | $30,063 |
| CHAD BREWER | EXECUTIVE DIRECTOR/SECRETA Officer | 1 | $0 | $93,905 | $18,819 |
| MATT REKEWEG | TREASURER Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| JOSEPH KELLY FENNER | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| TRAVIS BECTON | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| JENNIFER CRUMPLER | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| DAVID C LIGHT | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| ERIC CASTNER | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| JEFFREY D SMITH | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| TODD ROVEY | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| DEAN CALVANI | CHAIRMAN Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| RUSSELL SUTTON | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| SAM WHITAKER | PRESIDENT Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| ANDREW CONNER | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| PHILLIP EDWARDS III | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| MACIE O'SHAUGHNESSY | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 17 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| GARY ADAMS | EXECUTIVE VICE PRESIDENT Officer | 1 | $0 | $434,654 | $38,077 |
| DON PARKER | EXECUTIVE DIRECTOR/SECRETA Officer | 1 | $0 | $171,642 | $12,119 |
| DREW DAVIS | ASSISTANT TREASURER Officer | 1 | $0 | $141,559 | $12,673 |
| MATT REKEWEG | TREASURER Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| JOSEPH KELLY FENNER | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| TRAVIS BECTON | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| JENNIFER CRUMPLER | TRUSTEE Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| DAVID C LIGHT | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| ERIC CASTNER | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| JEFFREY D SMITH | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| JON R WHATLEY | CHAIRMAN Trustee or director | 0.5 | $0 | $0 | $0 |
| DEAN CALVANI | PRESIDENT Trustee or director | 0.5 | $0 | $0 | $0 |
| RUSSELL SUTTON | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| SAM WHITAKER | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| ANDREW CONNER | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| PHILLIP EDWARDS III | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| MACIE O'SHAUGHNESSY | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 783, CORDOVA, TN 38088-0783
- Principal officer (990 for 2024)
- CHAD BREWER, PO BOX 783, CORDOVA, TN 38088
- Signed the 990
- DREW DAVIS, ASSISTANT TREASURER
- Phone
- (901) 274-9030
- Website
- WWW.COTTON.ORG/FOUNDATION
Mission
TO ENCOUAGE AND AID EDUCATION, SCIENTIFIC EXPERIMENTATION, AND RESEARCH RELATING TO COTTON.
Program accomplishments
- PRODUCER INFORMATION EXCHANGEExpenses $113,029 · revenue $250,000
- PLASTIC CONTAMINATION EDUCATION & PREVENTIONExpenses $102,650
- MULIT COMMODITY EDUCATION PROGRAMExpenses $71,337 · revenue $60,000
- GRANTS - 416,414OTHER EXPENSES ( SALARIES, BENEFITS, AND MISC CHARGES TO PROGRAMS) - 97,288RESEARCH AND EDUCATION PROJECTS - 90,697BOOK SERIES - 301TECHNICAL/EDUCATION EXHIBITS - 50,000CONGRESSIONAL STAFF EDUCATION - 577POLICY EDUCATION PROGRAM - 16COTTON GENOME INITIATIVE WORKSHOP - 9,795EDUCATIONAL OUTREACH - 35,071EMERGING LEADERS - 66,629IPM RESEARCH & EDUCATION - 59,945COTTON INDUSTRY ADVOCATES PROGRAM - 18,222Expenses $844,955 · grants $416,414 · revenue $217,500
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 62-6048143
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1956
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Food, agriculture and nutrition (K052)
- Assets (IRS master file)
- $5,184,625
- Income (IRS master file)
- $1,622,472
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,252,489 | $1,355,117 | $5,184,625 | IRS |
| 990 | June 2024 | $1,225,596 | $1,040,834 | $4,921,119 | IRS |
| 990 | June 2023 | $1,456,883 | $877,685 | $4,429,040 | XML |
| 990 | June 2022 | $980,959 | $650,349 | $3,669,566 | IRS |
| 990 | June 2021 | – | – | – | 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 62-6048143).
Questions about COTTON FOUNDATION
- What is the EIN of COTTON FOUNDATION?
- The employer identification number (EIN) of COTTON FOUNDATION is 62-6048143.
- Is COTTON FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1956.
- Are donations to COTTON FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does COTTON FOUNDATION 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 FOUNDATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did COTTON FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of COTTON FOUNDATION?
- The 990 for the year ended June 30, 2025 names CHAD BREWER.
- Who are the officers and directors of COTTON FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 19 people; 0 received compensation from the organization.
- How much revenue does COTTON FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,252,489, expenses of $1,355,117 and total assets of $5,184,625 at year end.
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All nonprofits in CORDOVA · Tennessee · Food, agriculture and nutrition