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Nonprofit · EIN 75-0938875

PLAINS COTTON GROWERS INC

Tax-exempt · LUBBOCK, TX 79424

Financials

$1.3M$1.5M2023$1.4M$1.5M2024
Revenue Expenses · by fiscal year end
Financials of PLAINS COTTON GROWERS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$1,403,284$1,479,850-$76,566$8,292,465$511,510$7,780,955
June 30, 2024990$1,268,435$1,527,083-$258,648$8,348,031$490,510$7,857,521
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$727,730
Investment income
$636,195
Net gain from sales of assets
-$8,948
Other revenue
$39,359

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$162,000
Other salaries and wages
$384,796
Salaries, compensation and benefits (total)
$581,729
Professional fundraising fees
$0
Accounting fees
$13,107
Travel
$78,619
Depreciation
$84,146
Program services (functional)
$580,429
Management and general (functional)
$899,421

Balance sheet and other

Total assets, start of year
$8,348,031
Total assets, end of year
$8,292,465
Total liabilities, end of year
$511,510
Net assets, end of year
$7,780,955
Land, buildings and equipment
$942,570
Publicly traded securities
$3,539,231
Net assets without donor restrictions
$3,998,028
Net assets with donor restrictions
$3,782,927
Gross receipts
$1,435,232
Employees
5
Year formed
1956
State of legal domicile
TX

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.

NameTitleHours / weekCompensation
KODY BESSENTCEO
Officer
40$162,000
MARTIN STOERNERChairman
Officer
0$0
BRENT NELSONPAST PRESIDENT
Officer
0$0
TRAVIS MIRESPresident
Officer
0$0
BRENT COKERVice President
Officer
0$0
JON JONESSECRETARY/TREAS
Officer
0$0
990 for the year ended June 30, 2024: 6 people
NameTitleHours / weekCompensation
KODY BESSENTCEO
Officer
40$125,000
MARTIN STOERNERChairman
Officer
0$0
BRENT NELSONPAST PRESIDENT
Officer
0$0
TRAVIS MIRESPresident
Officer
0$0
BRENT COKERVice President
Officer
0$0
JON JONESSECRETARY/TREAS
Officer
0$0

Address and contacts

Address (IRS master file)
8303 ABERDEEN AVE, LUBBOCK, TX 79424-3453
In care of
% PLAINS COTTON GROWERS
Principal officer (990 for 2024)
KODY BESSENT, 8303 ABERDEEN AVE, LUBBOCK, TX 79424
Signed the 990
KODY BESSENT, CEO
Phone
(806) 792-4904
Return prepared by
D Williams & Co Inc

Mission

Improvement & Support of Cotton on the High Plains

990 for the year ended June 30, 2025

Program accomplishments

  • PLAINS COTTON GROWERS PROVIDES EDUCATIONAL AND LEGISLATIVE SUPPORT FOR COTTON PRODUCTION AND USAGE ON THE HIGH PLAINS OF TEXAS.
    Expenses $580,429 · grants $405,000 · revenue $1,403,284

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
75-0938875
Tax-exempt status
501(c)(5): Labor, agricultural or horticultural organization
Donations deductible
No
Exempt since
1957
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$8,292,465
Income (IRS master file)
$1,435,232

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$1,403,284$1,479,850$8,292,465XML
990June 2024$1,268,435$1,527,083$8,348,031XML
990June 2023$947,890$1,447,347$8,582,714IRS
990June 2022–––IRS
990June 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 75-0938875).

Questions about PLAINS COTTON GROWERS INC

What is the EIN of PLAINS COTTON GROWERS INC?
The employer identification number (EIN) of PLAINS COTTON GROWERS INC is 75-0938875.
Is PLAINS COTTON GROWERS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(5) since 1957.
Are donations to PLAINS COTTON GROWERS INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does PLAINS COTTON GROWERS 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 PLAINS COTTON GROWERS INC 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 PLAINS COTTON GROWERS INC 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 PLAINS COTTON GROWERS INC?
The 990 for the year ended June 30, 2025 names KODY BESSENT.
Who are the officers and directors of PLAINS COTTON GROWERS INC?
The 990 for the year ended June 30, 2025 lists 6 people; 1 received compensation from the organization, the highest $162,000 (KODY BESSENT, CEO).
How much revenue does PLAINS COTTON GROWERS INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $1,403,284, expenses of $1,479,850 and total assets of $8,292,465 at year end.

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