Cumberland Farmers Club

Organization Overview

Cumberland Farmers Club is located in Cumberland, ME. The organization was established in 2013. According to its NTEE Classification (N52) the organization is classified as: Fairs, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Cumberland Farmers Club employed 129 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cumberland Farmers Club is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Cumberland Farmers Club generated $1.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $1.4m during the year ending 12/2021. While expenses have increased by 3.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

ANNUAL COUNTY FAIR REVENUES NEEDED FOR PAYMENT OF AGRICULTURAL PREMIUMS AND OTHER PROMOTION FOR PURPOSE OF AGRICULTURE

Describe the Organization's Program Activity:

Part 3 - Line 4a

ANNUAL COUNTY FAIR EXPENSES/FAIR GROUNDS


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Board, Officers & Key Employees

Name (title)Compensation
Jeffrey Steinman
Treasurer
$0
Lyle Merrifield
President
$0
Elizabeth Tarantino
Secretary
$0
Bill Webster
Director
$0
Dan Fossett
Director
$0
Ted Googins
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$12,770
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$12,770
Total Program Service Revenue$1,335,037
Investment income $86
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,350,925

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Cumberland Farmers Club has recieved totaling $1,875.

Awarding OrganizationAmount
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: OPERATIONAL SUPPORT

$1,000
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: OPERATIONAL SUPPORT

$500
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: OPERATIONAL SUPPORT

$350
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: OPERATIONAL SUPPORT

$25
View Grant Recipient Profile

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