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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Rio Farms Inc.

Rio Farms Inc.

Fiscal year ending 2024. Filed on January 30, 2025.

25601 Fm 88
Edcouch, Texas 78538

Rio Farms Inc. (EIN: 74-1002714) has filed an IRS Form 990 since fiscal year 2019. In its fiscal year 2024 IRS Form 990 filing, Rio Farms Inc., a 501(c)(5) labor, agricultural, or horticultural organization, reported compensation for 4 out of 15 total employees. Among the employees shown here, the average compensation is $66,250. The highest compensated employee at Rio Farms Inc. is Matthew Klostermann with fiscal year 2024 compensation of $205,000.

Revenue, expenses, and employee compensation

Revenue

$2,767,176

Expenses

$2,819,457

Employee compensation

$685,165
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Matthew Klostermann
President and Chief Executive Officer
$205,000
$205,000 No related compNo other comp
Jack Harbison
Secretary
$20,000
$20,000 No related compNo other comp
Bob Stewart
Vice Chair
$20,000
$20,000 No related compNo other comp
Lance Neuhaus
Chair
$20,000
$20,000 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Barry Dickerson
Director
$20,000
$20,000 No related compNo other comp
Glenn Wilde
Director
$20,000
$20,000 No related compNo other comp

Mission Statement

THE BETTERMENT OF THE CONDITION OF PURSUITS, IMPROVING THE GRADE OF AGRI PRODUCTS, AND DEVELOPMENT OF A HIGHER DEGREE OF EFFICIENCY IN THE AGRICULTURAL COMMUNITY.

Revisions to this organization profile

January 30, 2025:
2024 Rio Farms Inc. 990 filed
July 15, 2024:
2023 Rio Farms Inc. 990 filed
August 10, 2023:
2022 Rio Farms Inc. 990 filed

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