Wood County Farm Bureau Inc is located in Woodville, 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. Wood 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 11/2023, Wood County Farm Bureau Inc generated $117.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.0%) each year. All expenses for the organization totaled $117.0k during the year ending 11/2023. As we would expect to see with falling revenues, expenses have declined by (5.6%) per year over the past 8 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 EDUCATIONAL AND OTHER MEANSAND TO AID IN THE BETTERMENT AND WELFARE OF THOSE IN FARMING.921 MEMBERS SERVED.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kayla Richards Organization Director | 10 | $0 | |
Amanda Barndt Trustee | 1 | $48 | |
Jeff Bockbrader Trustee | 1 | $111 | |
Brent Bodey Trustee | 1 | $63 | |
Jeff Dierksheide Trustee | 1 | $52 | |
Tammy Feehan Trustee | 1 | $53 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $93,508 |
Investment income | $120 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $24,289 |
Total Revenue | $117,917 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $74,520 |
Salaries, other compensation, and employee benefits | $6,824 |
Professional fees and other payments to independent contractors | $576 |
Occupancy, rent, utilities, and maintenance | $4,923 |
Printing, publications, postage, and shipping | $91 |
Other expenses | $30,058 |
Total expenses | $116,992 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $120,760 |
Other assets | $0 |
Total assets | $126,478 |
Total liabilities | $15,529 |
Net assets or fund balances | $110,949 |