Indiana Farm Bureau
- Assets
- $237.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Osgood, IN
- Founding
- 10/1946
- Data as of
- 08/2023
- EIN
- 35-0840772
Organization Overview
Indiana Farm Bureau is located in Osgood, 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 08/2023, Indiana Farm Bureau generated $27.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $21.5k during the year ending 08/2023. While expenses have increased by 1.3% per year over the past 8 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 Program Activity:
Part 3
IN ORDER TO SUPPORT OUR LOCAL YOUTH AND AGRICULTURAL EDUCATION, WE PROVIDE MONETARY ASSISTANCE TO THE 4-H PROGRAM FOR AWARDS AND TO THE LOCAL FFA CHAPTERS. WE ALSO AWARD COLLEGE SCHOLARSHIPS TO LOCAL HIGH SCHOOL SENIORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Anderson Director | 1 | $128 | |
Gerald Gauck Director | 1 | $122 | |
Ron Harlemert Director | 1 | $84 | |
Irvin Harmeyer Director | 1 | $140 | |
Brad Hicks Director | 1 | $84 | |
Michelle Hoffrogge Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $4,921 |
| Membership dues | $19,137 |
| Investment income | $2,804 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,079 |
| Total Revenue | $27,941 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $3,378 |
| Professional fees and other payments to independent contractors | $1,294 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,205 |
| Other expenses | $8,572 |
| Total expenses | $21,485 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $237,202 |
| Other assets | $0 |
| Total assets | $237,247 |
| Total liabilities | $0 |
| Net assets or fund balances | $237,247 |