Ohio Farm Bureau Federation Inc
- Assets
- $49.5m
- Revenue
- $19.9m
- Investments
- $0.0
- Employees
- 114
- Location
- Columbus, OH
- Founding
- 09/1947
- Data as of
- 11/2023
- EIN
- 31-4369470
Organization Overview
Ohio Farm Bureau Federation Inc is located in Columbus, OH. The organization was established in 1947. 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 11/2023, Ohio Farm Bureau Federation Inc employed 114 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ohio Farm Bureau Federation 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 11/2023, Ohio Farm Bureau Federation Inc generated $19.9m in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $17.3m during the year ending 11/2023. As we would expect to see with falling revenues, expenses have declined by (6.1%) per year over the past 4 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
OUR MISSION IS WORKING TOGETHER FOR OHIO FARMERS TO ADVANCE ARGRICULTURE AND STRENGTHEN OUR COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNICATIONS DEPARTMENT IS RESPONSIBLE FOR THE DEVELOPMENT AND GENERAL SUPERVISION OF THE OFBF COMMUNICATIONS PROGRAMS AND FOR SELECTED SPECIAL PROJECTS CONDUCTED FOR OUR MEMBERS. MATERIALS ARE PREPARED FOR USE IN THE TRAINING, IMPLEMENTATION, AND DISTRIBUTION OF MEMBER COMMUNICATIONS PROGRAMS. IN ADDITION, THIS DEPARTMENT HAS CHARGE OF PUBLICATIONS, MEDIA RELATIONS, WEB SITE AND SPECIAL PUBLIC RELATIONS ACTIVITIES. IT PREPARES NEWS RELEASES, PAMPHLETS, PRODUCTION, PUBLICATION AND DISTRIBUTION OF THE BUCKEYE FARM NEWS AND OUR OHIO MAGAZINE, AND PREPARES AUDIO/VISUAL PRESENTATIONS FOR USE BY STATE AND COUNTY FARM BUREAU LEADERS. THIS DEPARTMENT ALSO ASSISTS WITH MEMBERSHIP MARKETING ACTIVITIES.
PUBLIC POLICY DEPARTMENT IS RESPONSIBLE FOR STATE AND NATIONAL PUBLIC AFFAIRS AND POLICY DEVELOPMENT PROGRAMS. IT IS ALSO RESPONSIBLE FOR WORKING WITH MEMBER FARM BUREAUS ON LOCAL PUBLIC AFFAIRS ISSUES AND POLICES. THE DEPARTMENT COORDINATES THE GOVERNMENT AFFAIRS AND POLICY DEVELOPMENT ACTIVITIES OF THE MEMBER FARM BUREAUS IN OHIO AND BETWEEN THE STATE AND AFBF; MAINTAINS LIAISON WITH CIVIC, GOVERNMENT AND PRIVATE GROUPS AND AGENCIES CONCERNED WITH LEGISLATIVE AND REGULATORY ISSUES OF INTEREST TO FEDERATION MEMBERS; ANALYZES PUBLIC OPINION, GOVERNMENT DIRECTIVES, REGULATIONS AND STATUTES; CONDUCTS RESEARCH ON ECONOMICS, SOCIALOGICAL AND ENVIRONMENTAL ISSUES; AND CONDUCTS EDUCATIONAL PROGRAMS TO DISSEMINATE INFORMATION AND SUGGEST ACTION PROGRAMS TO FARM BUREAU MEMBERS. THE DEPARTMENT IS RESPONSIBLE FOR POLITICAL ACTION AND EDUCATION AS IT RELATES TO FARM BUREAU INTERESTS AT ALL LEVELS OF GOVERNMENT. WE ALSO ENGAGE SOCIETY TO PROVIDE A BETTER UNDERSTANDING OF FOOD AND ANIMAL PRODUCTION WHILE PARTICIPATING IN DIALOGUE THAT AFFECTS HOW WE CARE FOR ANIMALS AND HOW WE PRODUCE FOOD.
EXPENSES BUDGETED FOR ORGANIZATION DEPARTMENT ARE THOSE OF AN OVERALL ADMINISTRATIVE NATURE, SUCH AS ACCOUNTING AND INFORMATION TECHNOLOGY WHICH CANNOT LOGICALLY BE ALLOCATED TO ANY OTHER OF THE AFOREMENTIONED DEPARTMENTS AND SUPPORTS THE GENERAL MISSION OF THE ORGANIZATION. THE DEPARTMENT IS ALSO RESPONSIBLE FOR SUPERVISION OF THE ORGANIZATION'S FIELD STAFF AND A VARIETY OF PROGRAMS INCLUDING MEMBERSHIP RETENTION AND AQUISITIONS, LEADERSHIP DEVELOPMENT, YOUNG FARMERS ACTIVITIES AND MEMBER BENEFITS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Weaver Treasurer | OfficerTrustee | 2 | $6,585 |
Wyatt Bates Trustee | Trustee | 2 | $3,428 |
Bill Patterson President | OfficerTrustee | 2 | $25,985 |
Nathan Brown Trustee | Trustee | 2 | $4,903 |
Matt Bell Trustee | Trustee | 2 | $2,670 |
Steve Berk Trustee | Trustee | 2 | $6,933 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $4,309,482 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $9,193,551 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,503,033 |
| Total Program Service Revenue | $3,414,381 |
| Investment income | $1,005,707 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$144,894 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $19,929,533 |
| 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. | $1,786,339 |
| Compensation of current officers, directors, key employees. | $252,231 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,273,843 |
| Pension plan accruals and contributions | $1,276,515 |
| Other employee benefits | $1,867,950 |
| Payroll taxes | $453,465 |
| 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 | $1,022,779 |
| Advertising and promotion | $37,197 |
| Office expenses | $419,965 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $484,961 |
| Travel | $237,304 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $651,599 |
| Insurance | $0 |
| All other expenses | $861,431 |
| Total functional expenses | $17,306,046 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $646,301 |
| Savings and temporary cash investments | $2,597,534 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,493,127 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $110,687 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $217,085 |
| Net Land, buildings, and equipment | $1,229,694 |
| Investments—publicly traded securities | $38,280,930 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $1,899,430 |
| Other assets | $1,000 |
| Total assets | $49,475,788 |
| Accounts payable and accrued expenses | $7,076,079 |
| Grants payable | $0 |
| Deferred revenue | $3,330,981 |
| 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 | $1,899,430 |
| Other liabilities | $0 |
| Total liabilities | $12,306,490 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $37,169,298 |
| Total liabilities and net assets/fund balances | $49,475,788 |