Hancock County Farm Bureau Inc
- Assets
- $96.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Tiffin, OH
- Founding
- 02/1948
- Data as of
- 12/2021
- EIN
- 34-6528090
Organization Overview
Hancock County Farm Bureau Inc is located in Tiffin, OH. The organization was established in 1948. 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. Hancock 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 12/2021, Hancock County Farm Bureau Inc generated $28.7k 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 (17.1%) each year. All expenses for the organization totaled $45.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (12.5%) 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
2021
Describe the Organization's Program Activity:
Part 3
PROMOTION OF FARMING BUSINESS NEEDS BY EDUCATION AND OTHER MEANS, 719 MEMBERS SERVED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Christy Secretary/treasurer | 1 | $80 | |
Randy Ross Trustee | 1 | $80 | |
Craig Vonstein Trustee | 1 | $80 | |
Michael Kryling Trustee | 1 | $80 | |
Heather Bryan Vice President | 1 | $80 | |
Kaeith Van Horn Trustee | 1 | $80 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $16,847 |
| Investment income | $2,184 |
| Gain or Loss | $9,625 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $28,656 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $9,942 |
| Salaries, other compensation, and employee benefits | $5,295 |
| Professional fees and other payments to independent contractors | $81 |
| Occupancy, rent, utilities, and maintenance | $1,714 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $28,612 |
| Total expenses | $45,644 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $95,961 |
| Other assets | $0 |
| Total assets | $96,601 |
| Total liabilities | $4,439 |
| Net assets or fund balances | $92,162 |
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 |