Indiana Farm Bureau
- Assets
- $181.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 4
- Location
- Wabash, IN
- Founding
- 08/1946
- Data as of
- 10/2023
- EIN
- 35-6043257
Organization Overview
Indiana Farm Bureau is located in Wabash, 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 10/2023, Indiana Farm Bureau employed 4 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 10/2023, Indiana Farm Bureau generated $66.6k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $69.7k during the year ending 10/2023. As we would expect to see with falling revenues, expenses have declined by (2.9%) 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 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
USING THE AG IN THE CLASSROOM PROGRAM, VOLUNTEERS GO INTO LOCAL 4TH GRADE CLASSROOMS TO EDUCATE THE CHILDREN ABOUT WHERE THEIR FOOD COMES FROM. OVER 400 STUDENTS PARTICPATE MORE THAN 35 VOLUNTEER HOURS ARE USED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lynn Baker Director | 1 | $200 | |
Renae Blocher Director | 1 | $125 | |
Kristen Brodt Director | 1 | $0 | |
Curt Campbell Director | 1 | $325 | |
Cody Chamberlain Director | 1 | $0 | |
Jeff Dawes Director | 1 | $250 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $265 |
| Membership dues | $19,122 |
| Investment income | $46,241 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $941 |
| Total Revenue | $66,569 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $2,200 |
| Professional fees and other payments to independent contractors | $1,274 |
| Occupancy, rent, utilities, and maintenance | $41,341 |
| Printing, publications, postage, and shipping | $941 |
| Other expenses | $18,105 |
| Total expenses | $69,739 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $129,568 |
| Other assets | $0 |
| Total assets | $181,881 |
| Total liabilities | $0 |
| Net assets or fund balances | $181,881 |