Portage County Farm Bureau Inc
- Assets
- $174.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- North Royalton, OH
- Founding
- 03/1931
- Data as of
- 10/2023
- EIN
- 34-6527235
Organization Overview
Portage County Farm Bureau Inc is located in North Royalton, OH. The organization was established in 1931. 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. Portage 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 10/2023, Portage County Farm Bureau Inc generated $117.5k 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 (7.0%) each year. All expenses for the organization totaled $117.4k during the year ending 10/2023. As we would expect to see with falling revenues, expenses have declined by (6.9%) per year over the past 7 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
2023
Describe the Organization's Program Activity:
Part 3
PROMOTION OF FARMING BUSINESS NEEDS BY EDUCATION AND OTHERMEANS AND TO AID IN THE BETTERMENT AND WELFARE OF THOSEENGAGED IN FARMING, MORE THAN 1760 MEMBERS SERVED
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 |
|---|---|---|---|
Nick Kennedy Organizational Director | 10 | $0 | |
Jason Krause President | 1 | $0 | |
Bill Padisak Vice President | 1 | $0 | |
Lisa Zavara Secretary/treasurer | 1 | $110 | |
Chris Anderson Trustee | 1 | $110 | |
Nancy Bredemeier Trustee | 1 | $110 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $4,534 |
| Membership dues | $84,568 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $28,349 |
| Total Revenue | $117,451 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $61,024 |
| Salaries, other compensation, and employee benefits | $7,038 |
| Professional fees and other payments to independent contractors | $1,008 |
| Occupancy, rent, utilities, and maintenance | $284 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $48,063 |
| Total expenses | $117,417 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $171,788 |
| Other assets | $0 |
| Total assets | $174,673 |
| Total liabilities | $14,602 |
| Net assets or fund balances | $160,071 |