New York Farm Bureau
- Assets
- $22.4m
- Revenue
- $2.0m
- Investments
- $819.6k
- Employees
- 42
- Location
- Albany, NY
- Founding
- 09/1956
- Data as of
- 10/2023
- EIN
- 15-0539109
Organization Overview
New York Farm Bureau is located in Albany, NY. The organization was established in 1956. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 10/2023, New York Farm Bureau employed 42 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. New York Farm Bureau is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 10/2023, New York Farm Bureau generated $2.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.1%) each year. All expenses for the organization totaled $3.5m during the year ending 10/2023. As we would expect to see with falling revenues, expenses have declined by (1.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORTING TODAY'S AGRICULTURAL NEEDS AND CREATING MEMBER OPPORTUNITIES FOR TOMORROW THROUGH ADVOCACY AND EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MEMBER RELATIONS AND COUNTY MANAGERS PROGRAMS PROVIDE OPPORTUNITIES FOR NEW YORK FARM BUREAU, INC.'S MEMBERS TO GATHER TOGETHER AROUND AGRICULTURAL ISSUES OF COMMON INTEREST. THE MEMBER RELATIONS AND COUNTY MANAGERS PROGRAMS EMPLOY FIELD ADVISORS THAT WORK WITH LOCAL COUNTY FARM BUREAU MEMBERS TO SUPPORT THEIR EFFORTS. ADDITIONALLY, THE MEMBER RELATIONS AND COUNTY MANAGERS PROGRAMS OPERATE SEVERAL REGIONAL OFFICES THAT PROVIDE MEETING SPACE, ACCOUNTING, AND BOOKKEEPING SERVICES TO LOCAL COUNTY FARM BUREAUS, ALLOWING MEMBERS TO COORDINATE EFFORTS REGIONALLY. THE MEMBER SERVICES AND COUNTY MANAGERS PROGRAMS ALSO COORDINATE THE NEW YORK FARM BUREAU INC. STATE ANNUAL MEETING. DELEGATES ELECTED BY COUNTY FARM BUREAUS FROM THROUGHOUT THE STATE (CONTINUED ON SCHEDULE O)(CONTINUED FROM PART III) DETERMINE AND VOTE ON THE PRIORITY ISSUES THAT NEW YORK FARM BUREAU, INC. WILL ADDRESS IN UPCOMING YEAR.
THE PROMOTION AND EDUCATION AND YOUNG FARMER PROGRAMS PROVIDE EDUCATION TO THE PUBLIC AND TO MEMBERS AROUND MATTERS AND ISSUES THAT ARE OF IMPORTANCE TO THE AGRICULTURAL INDUSTRY.
THE PUBLIC POLICY PROGRAM IS RESPONSIBLE FOR COORDINATING THE ADVOCACY, IMPLEMENTATION, AND COMMUNICATION OF PRIORITY ISSUES AS DETERMINED AT THE NEW YORK STATE FARM BUREAU, INC. STATE ANNUAL MEETING. THIS IS ACCOMPLISHED THROUGH REGULAR MEETINGS OF VOLUNTEER COMMITTEES AND THROUGH COMMUNICATION WITH MEMBERS. THE PUBLIC POLICY PROGRAM ALSO REPRESENTS THE AGRICULTURAL COMMUNITY BEFORE REGULATORY AND LEGISLATIVE AUTHORITIES AT THE STATE AND FEDERAL LEVEL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Fisher President | OfficerTrustee | 11 | $33,036 |
Eric Ooms Vice President | OfficerTrustee | 8 | $11,481 |
Lavern Warriner Director | Trustee | 4 | $5,063 |
Brad Macauley Director | Trustee | 4 | $0 |
Tony Lapierre Director | Trustee | 4 | $1,294 |
Paul Molesky Jr Director | Trustee | 4 | $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 | $36,966 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $36,966 |
| Total Program Service Revenue | $1,303,163 |
| Investment income | $396,420 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $181,575 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$373,612 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,973,378 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $394,506 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,712,358 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $109,780 |
| Advertising and promotion | $99,715 |
| Office expenses | $121,334 |
| Information technology | $265,224 |
| Royalties | $0 |
| Occupancy | $173,698 |
| Travel | $287,726 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $26,624 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,065 |
| Insurance | $40,635 |
| All other expenses | $25,000 |
| Total functional expenses | $3,540,048 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,139,047 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $171,288 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $18,668,371 |
| Investments—other securities | $819,558 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,591,029 |
| Total assets | $22,389,293 |
| Accounts payable and accrued expenses | $1,511,075 |
| Grants payable | $0 |
| Deferred revenue | $505,108 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,600,231 |
| Total liabilities | $3,616,414 |
| Net assets without donor restrictions | $18,735,436 |
| Net assets with donor restrictions | $37,443 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $22,389,293 |