Kankakee County Farm Bureau is located in Kankakee, IL. The organization was established in 1935. 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 09/2022, Kankakee County Farm Bureau employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kankakee 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 09/2022, Kankakee County Farm Bureau generated $259.6k 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 (5.6%) each year. All expenses for the organization totaled $258.3k during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (6.5%) 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
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
AGRICULTURE EDUCATION TO FARMERS, NON-FARMERS, CONSUMERS AND STUDENTS.
THROUGH THE YOUNG LEADERS PROGRAM THE FOCUS IS ON LEADERSHIP DEVELOPMENT, COMMUNITY PHILANTHROPY, AGRICULTURE EDUCATION, AND AGRICULTURE COMMODITY PROMOTION.
THE FARM BUREAU WORKS TO MAKE SURE AGRICULTURE'S VIEWPOINT IS EXPRESSED AND UNDERSTOOD BY LOCAL, STATE, AND NATIONAL LEADERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Greg St Aubin President | OfficerTrustee | 1 | $0 |
Jason Zimmer Secretary-Tr | OfficerTrustee | 1 | $0 |
Clay Abbott Director | Trustee | 1 | $0 |
Martin Joyce Director | Trustee | 1 | $0 |
Keith Mussman Director | Trustee | 1 | $0 |
Mark Brinkmann Director | Trustee | 1 | $0 |
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 | $7,309 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $7,309 |
Total Program Service Revenue | $93,395 |
Investment income | $94,955 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $10,068 |
Net Gain/Loss on Asset Sales | $16,100 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $259,627 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $94,230 |
Pension plan accruals and contributions | $12,093 |
Other employee benefits | $8,139 |
Payroll taxes | $7,575 |
Fees for services: Management | $750 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $4,733 |
Advertising and promotion | $3,958 |
Office expenses | $20,860 |
Information technology | $1,877 |
Royalties | $0 |
Occupancy | $10,901 |
Travel | $2,417 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $7,502 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $3,236 |
Insurance | $4,371 |
All other expenses | $0 |
Total functional expenses | $258,337 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $51,661 |
Savings and temporary cash investments | $0 |
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 | $4,383 |
Net Land, buildings, and equipment | $133,342 |
Investments—publicly traded securities | $564,553 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $753,939 |
Accounts payable and accrued expenses | $55,256 |
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 | $55,256 |
Net assets without donor restrictions | $698,683 |
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 | $753,939 |
Over the last fiscal year, we have identified 1 grants that Kankakee County Farm Bureau has recieved totaling $7,309.
Awarding Organization | Amount |
---|---|
Iaa Foundation Bloomington, IL PURPOSE: Ag Literacy | $7,309 |
Organization Name | Assets | Revenue |
---|---|---|
Iowa-Nebraska Farm Equipment Association Inc Johnston, IA | $8,633,028 | $3,095,740 |
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 |
Mississippi Valley Farm Bus Assn Fairfield, IA | $0 | $944,274 |
Farm Equipment Manufacturers Association Saint Louis, MO | $4,847,175 | $923,223 |
Central Iowa Farm Business Assn Jefferson, IA | $566,912 | $990,824 |
Fayette County Agricultural Society West Union, IA | $1,416,189 | $1,190,275 |
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 |