Indiana Farm Bureau
- Assets
- $468.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- La Porte, IN
- Founding
- 10/1946
- Data as of
- 08/2023
- EIN
- 35-0785323
Organization Overview
Indiana Farm Bureau is located in La Porte, IN. 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. As of 08/2023, Indiana Farm Bureau employed 2 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Indiana Farm Bureau is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 08/2023, Indiana Farm Bureau generated $139.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.0% each year . All expenses for the organization totaled $129.9k during the year ending 08/2023. While expenses have increased by 12.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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 Mission:
Part 3 - Line 1
REPRESENT THE FARMERS VOICE ON ISSUES RELATED TO AGRICULTURE, EDUCATE THE CONSUMER AND PROMOTE FARM PRODUCTS, KEEP MEMBERS ABREAST OF POLICIES AND NEW DEVELOPMENTS.
Describe the Organization's Program Activity:
Part 3
WE PROMOTE YOUTH INVOLVEMENT IN AGRICULTURE THROUGH SPONSORSHIPS AND ACTIVITIES AT THE 7-DAY COUNTY 4-H FAIR. OUR ORGANIZATION SETS UP MANS A MILK CABIN DURING THE FAIR WHERE MILK IS SOLD TO THE PUBLIC AT COST INFORMATION ABOUT AGRICULTURE IS GIVEN OUT. WE ALSO PURCHASE ANIMALS IN SUPPORT OF 4-H MEMBERS AT THE 4-H LIVESTOCK AUCTION, PROVIDE 4-H CAMP SCHOLARSHIPS, PROVIDE MONETARY SUPPORT FOR 4-H 10-YEAR MEMBER PINS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Baker Keith Director | 1 | $0 | |
Eggert Raymond Director | 1 | $0 | |
Fischer Scott Director | 1 | $0 | |
Koontz Adam Director | 1 | $0 | |
Lestinsky James Director | 1 | $0 | |
Meyers Ron Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $693 |
| Total Program Service Revenue | $2,275 |
| Membership dues | $38,440 |
| Investment income | $89,951 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $7,944 |
| Total Revenue | $139,303 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $6 |
| Professional fees and other payments to independent contractors | $3,005 |
| Occupancy, rent, utilities, and maintenance | $24,424 |
| Printing, publications, postage, and shipping | $8,007 |
| Other expenses | $88,994 |
| Total expenses | $129,857 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $162,926 |
| Other assets | $0 |
| Total assets | $468,530 |
| Total liabilities | $191,983 |
| Net assets or fund balances | $276,547 |