Assumption Parish Farm Bureau Inc
- Assets
- $230.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Baton Rouge, LA
- Founding
- 09/1969
- Data as of
- 05/2024
- EIN
- 23-7037337
Organization Overview
Assumption Parish Farm Bureau Inc is located in Baton Rouge, LA. The organization was established in 1969. According to its NTEE Classification (K28) the organization is classified as: Farm Bureaus & Granges, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Assumption Parish Farm Bureau Inc is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 05/2024, Assumption Parish Farm Bureau Inc generated $156.7k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $164.2k during the year ending 05/2024. While expenses have increased by 2.9% per year over the past 5 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
A MEMBERSHIP ORGANIZATION FORMED FOR THE PROMOTION AND PROTECTION OF AGRICULTURE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bobby Simoneaux Board Member | 0.35 | $0 | |
Lance Gaudet President | 0.52 | $0 | |
Craig Naquin Treasurer | 0.35 | $0 | |
Gene Adolph Secretary | 0.35 | $0 | |
Rodney Simoneaux Board Member | 0.35 | $0 | |
Stephen Simoneaux Vice President | 0.35 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $59,505 |
| Investment income | $4,909 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $92,297 |
| Total Revenue | $156,711 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $751 |
| Salaries, other compensation, and employee benefits | $100,222 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $13,780 |
| Printing, publications, postage, and shipping | $1,069 |
| Other expenses | $48,347 |
| Total expenses | $164,169 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $155,700 |
| Other assets | $0 |
| Total assets | $229,969 |
| Total liabilities | $527 |
| Net assets or fund balances | $229,442 |