Indiana Farm Bureau is located in Fort Wayne, 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. 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 08/2022, Indiana Farm Bureau generated $120.3k 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 (3.8%) each year. All expenses for the organization totaled $103.6k during the year ending 08/2022. As we would expect to see with falling revenues, expenses have declined by (7.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
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 - Line 4a
WE SPONSOR LOCAL FFA CHAPTERS AS WELL AS THE INDIANA STATE FFA FOUNDATION. EACH LOCAL FFA CHAPTER HAS OVER 75 MEMBERS. THERE ARE MORE THAN 10,000 STATE FFA MEMBERS. OUR ORGANIZATIONS SUPPORT OF FFA PROGRAMS HAS BEEN ONGOING FOR MORE THAN 10 YEARS. WE PROVIDE FUNDS FOR TRAVEL, PROGRAMS, AND LEADERSHIP FOR EACH OF THE LOCAL FFA CHAPTERS OF ALLEN COUNTY. FUNDS ARE ALSO PROVIDED IN SUPPORT OF THE LEADERSHIP DEVELOPMENT PROGRAM OF THE STATE FFA FOUNDATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Miller Tom President And Director | OfficerTrustee | 5 | $0 |
Wyss Gerard Secretary/treasurer And Director | OfficerTrustee | 4 | $0 |
Berning Cindy Education And Outreach Coordinator And Director | OfficerTrustee | 4 | $0 |
Busick-Howell Sharon Director | Trustee | 1 | $0 |
Hadley Roger Director | Trustee | 1 | $0 |
Hockemeyer Brian Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $50,234 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $50,234 |
Total Program Service Revenue | $0 |
Investment income | $17,441 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $50,458 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $120,280 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $13,863 |
Grants and other assistance to domestic individuals. | $14,000 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $4,089 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $27,689 |
Travel | $4,802 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $4,060 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $9,622 |
Insurance | $0 |
All other expenses | $3,831 |
Total functional expenses | $103,576 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $83,530 |
Savings and temporary cash investments | $227,579 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $144,823 |
Investments—publicly traded securities | $136,548 |
Investments—other securities | $8,766 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $601,246 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $601,246 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $601,246 |
Organization Name | Assets | Revenue |
---|---|---|
Kentucky Corn Growers Association Eastwood, KY | $10,650,965 | $3,755,391 |
Dekalb County Farm Bureau Sycamore, IL | $2,798,652 | $1,236,356 |
National Assn Of Farm Broadcasters Platte City, MO | $5,376,583 | $1,403,716 |
Fox Valley Cooperative Farm Management Association Appleton, WI | $1,517,902 | $1,296,929 |
Farm Equipment Manufacturers Association Saint Louis, MO | $4,847,175 | $923,223 |
Morgan County Agricultural Fair Association Jacksonville, IL | $905,083 | $1,324,759 |
Wisconsin Crop Improvement Association Agronomy Building Middleton, WI | $1,498,748 | $660,442 |
Missouri Corn Growers Association Jefferson City, MO | $1,688,934 | $807,916 |
Wisconsin State Cranbery Growers Association Wisconsin Rapids, WI | $202,268 | $675,448 |
Kane County Farm Bureau St Charles, IL | $5,091,621 | $899,004 |
Dupage County Farm Bureau Carol Stream, IL | $3,084,283 | $736,519 |
Will County Farm Bureau Joliet, IL | $1,420,268 | $601,887 |