Iowa Society Of Farm Managers And Rural Appraisers
- Assets
- $55.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Iowa Falls, IA
- Founding
- 05/1973
- Data as of
- 07/2024
- EIN
- 23-7175701
Organization Overview
Iowa Society Of Farm Managers And Rural Appraisers is located in Iowa Falls, IA. The organization was established in 1973. 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. Iowa Society Of Farm Managers And Rural Appraisers is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 07/2024, Iowa Society Of Farm Managers And Rural Appraisers generated $66.2k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $89.0k during the year ending 07/2024. As we would expect to see with falling revenues, expenses have declined by (0.2%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Traci Schermerhorn Secretary | 0 | $19,400 | |
Michael Nissly Treasurer | 0 | $3,750 | |
Joel Ambrose Director | 0 | $0 | |
Grant Aschinger Past Preside | 0 | $0 | |
Jeannie Fetrow President | 0 | $0 | |
Kathy Pettinger Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,973 |
| Total Program Service Revenue | $54,303 |
| Membership dues | $0 |
| Investment income | $1,961 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $66,237 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $26,927 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $431 |
| Other expenses | $61,643 |
| Total expenses | $89,001 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $54,988 |
| Other assets | $0 |
| Total assets | $54,988 |
| Total liabilities | $0 |
| Net assets or fund balances | $54,988 |