The Rice Millers' Association

EIN: 720299580

Arlington, VA

Total Revenue
$1,396,560
Total Expenses
$1,286,908
Total Assets
$1,522,732
Net Assets
$1,520,155
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Financial Trends

Organization Details

Formation Year
1899
Legal Domicile
LA
Principal Officer
Peter Bachmann
Phone
7032362300
Tax Period
2024-08-01 to 2025-07-31

The Rice Millers' Association, founded in 1899, is a community nonprofit that reported $1.0M in total revenue in fiscal year 2017. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $950K left a modest 6% surplus.

Mission

Founded in 1899, the USA Rice Millers' Association (RMA) is one of the oldest agribusiness trade organizations in the United States. It promotes the interests of the U.S. rice milling industry by advocating for sound legislative, regulatory, and trade policy as well as supporting activities to increase domestic and international sales for all types and forms of U.S.-grown rice. RMA membership encompasses virtually all the rice milling capacity in the United States, including, farmer-owned cooperatives and privately-owned mills. Associate members consist of U.S. and foreign-based companies with an interest in issues that impact the rice milling industry.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,363,516
Investment Income $33,044
Other Revenue $0
TOTAL REVENUE $1,396,560

Expense Breakdown

Grants Paid $20,000
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $1,266,908
TOTAL EXPENSES $1,286,908

Year-over-Year Comparison

2024 2023 Change
Revenue $1,396,560 $1,363,890 +0.0%
Expenses $1,286,908 $1,308,860 0.0%
Net Income $109,652 $55,030 +1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
31
Independent Members
31
Employees
N/A
Volunteers
31

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$624,445
Total Directors
31
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Rick Rhody Chair 1.00
Officer Director
$0 $0 $0
Meryl Kennedy Farr Immediate Past Chair 1.00
Officer Director
$0 $0 $0
Todd Burich Vice Chair 1.00
Officer Director
$0 $0 $0
Matt Alonso Member 1.00
Director
$0 $0 $0
Kurt Barrett Member 1.00
Director
$0 $0 $0
Christian Brenckmann Member 1.00
Director
$0 $0 $0
Ryan Carwell Member 1.00
Director
$0 $0 $0
Chris Crutchfield Member 1.00
Director
$0 $0 $0
Greg Devillier Member 1.00
Director
$0 $0 $0
Matt Doyle Member 1.00
Director
$0 $0 $0
Jay Errecarte Member 1.00
Director
$0 $0 $0
Roger Gilmore Member 1.00
Director
$0 $0 $0
Keith Glover Member 1.00
Director
$0 $0 $0
Duane Hall Member 1.00
Director
$0 $0 $0
Shari Hanauer Member 1.00
Director
$0 $0 $0
Bobby Hanks Member 1.00
Director
$0 $0 $0
PJ Haynie Member 1.00
Director
$0 $0 $0
Matthew Hendricks Member 1.00
Director
$0 $0 $0
Stephen Hilsdon Member 1.00
Director
$0 $0 $0
Mark Holt Member 1.00
Director
$0 $0 $0
Greg Johnson Member 1.00
Director
$0 $0 $0
Kenneth LaGrande Member 1.00
Director
$0 $0 $0
Mike Martin Member 1.00
Director
$0 $0 $0
David Myers Member 1.00
Director
$0 $0 $0
Ben Noble Member 1.00
Director
$0 $0 $0
Maria Reyes Castillo Member 1.00
Director
$0 $0 $0
Sam Schneider Member 1.00
Director
$0 $0 $0
Blaine Stewart Member 1.00
Director
$0 $0 $0
Mark Suiter Member 1.00
Director
$0 $0 $0
Robert Trahan Member 1.00
Director
$0 $0 $0
Steven Westfall Member 1.00
Director
$0 $0 $0
Peter Bachmann President/CEO 2.00
Officer
$0 $33,604 $352,683
Sarah Moran Chief Operating Officer 2.00
Officer
$0 $44,062 $271,762
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $1,396,560 $1,286,908 $1,522,732 $109,652
2024 $1,363,890 $1,308,860 $1,413,573 $55,030
2023 $1,173,490 $1,096,880 $1,369,863 $76,610
2022 $1,249,799 $1,020,700 $1,428,531 $229,099
2021 $1,353,655 $1,033,883 $1,058,764 $319,772
2020 $891,754 $796,202 $762,992 $95,552
2019 $1,086,905 $1,289,780 $661,635 $-202,875
2018 $1,006,811 $950,234 $838,631 $56,577
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