Executive Compensation at the US Poultry and Egg Association
The US Poultry & Egg Association (US Poultry) is a tax-exempt, non-profit 501 (c) (5) – a trade association – that represents producers and slaughters of chicken, turkey, duck, breeding stock, and eggs along with allied companies that work in the industry. With affiliates in 27 states, US Poultry is one of the largest poultry trade associations in the country.
US Poultry has 26 independent voting members in its governing body, 24 (92%) of whom are male while 2 (8%) are female.
US Poultry raises $14-$15 million annually ($14.3 million for the year ending June 30, 2020), most ($13 million) of which is earned from the annual International Poultry Exposition held in Atlanta every January. Membership dues only account for about $350,000 of annual revenue.
Expenses total about $13 million annually with nearly half ($6.3 million) spent on the annual expo, travel, and other conferences in 2020. Other expenses include compensation ($3.2 million), industry support ($1.6 million), grants to universities and a related foundation ($0.7 million), and office-related expenses ($0.6 million).
30 employees received $3.2 million in compensation, which equates to an average compensation of $107,000. However, only 9 employees received more than $100,000 in compensation:
- $427,625: John Starkey, President
- $249,259: Mark N Morris, EVP
- $221,803: Matthew G Spencer, Director
- $199,854: Paul Bredwell, III, VP
- $194,746: Barbara Jenkins, VP
- $186,451: Gwen Venable, VP
- $167,703: Stephen A Herring, Controller
- $136,912: John Glisson, Research
- $130,098: Eric D Wiles, Director
As illustrated above, the 9 most highly compensated employees received $1.8 million in compensation. The remaining 21 employees received $1.4 million (an average of $67,000).
To read the IRS Form 990 (2019 for the year ending June 30, 2020), click here.
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