Logan County Farm Bureau Inc is located in Wapakoneta, OH. The organization was established in 1959. 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. Logan 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 09/2023, Logan County Farm Bureau Inc generated $97.4k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $97.6k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (0.2%) 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, 661 MEMBERS SERVED.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jill Smith Organization Director | 10 | $0 | |
Tucker Berg President | 1 | $0 | |
Matt Smith Vice President | 1 | $0 | |
Christina Mabry Secretary | 1 | $0 | |
Korie Slemmons Treasurer | 1 | $0 | |
Kevin Henry Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $581 |
Membership dues | $57,459 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $39,347 |
Total Revenue | $97,387 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $39,841 |
Salaries, other compensation, and employee benefits | $7,923 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $2,042 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $47,829 |
Total expenses | $97,635 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $18,851 |
Other assets | $0 |
Total assets | $22,572 |
Total liabilities | $9,871 |
Net assets or fund balances | $12,701 |