Dekalb County Farm Bureau
- Assets
- $2.6m
- Revenue
- $1.4m
- Investments
- $286.0
- Employees
- 7
- Location
- Sycamore, IL
- Founding
- 12/1943
- Data as of
- 12/2023
- EIN
- 36-0981690
Organization Overview
Dekalb County Farm Bureau is located in Sycamore, IL. The organization was established in 1943. 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 12/2023, Dekalb County Farm Bureau employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dekalb County 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 12/2023, Dekalb County Farm Bureau generated $1.4m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $1.5m during the year ending 12/2023. While expenses have increased by 1.5% per year over the past 9 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE ECONOMIC WELL-BEING OF AGRICULTURE AND ENRICH THE QUALITY OF FARM FAMILY LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GENERAL MEMBERSHIP ACTIVITIES - TO PROVIDE ADMINISTRATIVE AND FACILITY SUPPORT SERVICES FOR APPROXIMATE MEMBERSHIP OF 5,709.
INFORMATION PUBLICATION - TO PROVIDE A MONTHLY PUBLICATION WITH AGRICULTURAL RELATED INFORMATION TO THE MEMBERSHIP. CIRCULATION OF PUBLICATION IS TO THE MEMBERSHIP OF APPROXIMATELY 5,709.
PROMOTION AND SUPPORT OF AGRICULTURAL RELATED ACTIVITIES - ACTIVITIES AND PROMOTIONS ARE CONDUCTED PRIMARILY FOR THE GENERAL MEMBERSHIP WITH SPECIFIC ACTIVITY INTEREST.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Berkeley Boehne President | OfficerTrustee | 1 | $1,200 |
Mike Schweitzer Vice President | OfficerTrustee | 1 | $0 |
Roy Plote Secretary | OfficerTrustee | 1 | $0 |
Steve Drendel Treasurer | OfficerTrustee | 1 | $0 |
Steve Bemis Director | Trustee | 1 | $400 |
Grant Bend Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $9,305 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,305 |
| Total Program Service Revenue | $589,052 |
| Investment income | $430,693 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $103,150 |
| Net Rental Income | $213,463 |
| Net Gain/Loss on Asset Sales | -$8,128 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,387,115 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $152,170 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $391,245 |
| Pension plan accruals and contributions | $40,363 |
| Other employee benefits | $126,648 |
| Payroll taxes | $45,399 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $23,205 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $154,800 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $3,968 |
| Information technology | $13,014 |
| Royalties | $0 |
| Occupancy | $76,229 |
| Travel | $18,600 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,571 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $125,192 |
| Insurance | $18,082 |
| All other expenses | $104,761 |
| Total functional expenses | $1,463,010 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,754 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $16,822 |
| 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 | $8,977 |
| Net Land, buildings, and equipment | $2,519,748 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $286 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $16,231 |
| Total assets | $2,575,818 |
| Accounts payable and accrued expenses | $10,345 |
| Grants payable | $5,000 |
| Deferred revenue | $1,433 |
| 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 | $86,711 |
| Total liabilities | $103,489 |
| Net assets without donor restrictions | $2,472,329 |
| 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 | $2,575,818 |