Morrow County Farm Bureau Inc
- Assets
- $36.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mansfield, OH
- Founding
- 03/1946
- Data as of
- 11/2021
- EIN
- 31-6032359
Organization Overview
Morrow County Farm Bureau Inc is located in Mansfield, OH. The organization was established in 1946. 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. Morrow County 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 11/2021, Morrow County Farm Bureau Inc generated $54.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $53.4k during the year ending 11/2021. As we would expect to see with falling revenues, expenses have declined by (4.5%) per year over the past 6 years. 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
2021
Describe the Organization's Program Activity:
Part 3
PROMOTION OF FARMING BUSINESS NEEDS BY EDUCATION AND OTHER MEANSAND TO AID IN THE BETTERMENT & WELFARE OF THOSE ENGAGED INFARMING, 423 MEMBERS SERVED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Warren Davis Trustee | 1 | $80 | |
Eddie Lou Meimer Trustee | 1 | $80 | |
Doug Franz Trustee | 1 | $80 | |
Manny Heilman Trustee | 1 | $80 | |
Don Bloom Trustee | 1 | $80 | |
Heather Goodman Trustee | 1 | $80 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $38,687 |
| Investment income | $1,320 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $14,225 |
| Total Revenue | $54,232 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $27,525 |
| Salaries, other compensation, and employee benefits | $12,593 |
| Professional fees and other payments to independent contractors | $131 |
| Occupancy, rent, utilities, and maintenance | $3,847 |
| Printing, publications, postage, and shipping | $1,993 |
| Other expenses | $7,336 |
| Total expenses | $53,425 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $35,271 |
| Other assets | $0 |
| Total assets | $36,143 |
| Total liabilities | $3,282 |
| Net assets or fund balances | $32,861 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Allegan County Agricultural Society Allegan, MI | $6,554,669 | $2,889,339 |
Ohio Ecological Food And Farm Association Certification Columbus, OH | $723,448 | $1,998,099 |
Kentucky Corn Growers Association Eastwood, KY | $10,650,965 | $3,755,391 |
Producers Livestock Credit Assoc Columbus, OH | $13,618,291 | $3,463,725 |
Shiawassee County Agricultural Society Fairgrounds Corunna, MI | $378,234 | $1,529,003 |
Ohio Corn & Wheat Growers Assoc Delaware, OH | $2,239,785 | $1,312,659 |
Lapeer County Agricultural Society Imlay City, MI | $2,905,187 | $1,396,665 |
Saginaw County Agricultural Society Chesaning, MI | $2,433,080 | $855,880 |
Grange Acres Non Profit Housing Corporation Lansing, MI | $4,437,126 | $588,851 |
Pennsylvania Farm Bureau Camp Hill, PA | $1,861,154 | $698,058 |
Giving Tree Farm Inc Lansing, MI | $813,307 | $688,798 |
Association Of Specialty Cut Flower Growers Inc Oberlin, OH | $784,613 | $698,418 |