Winnebago Boone Farm Bureau is located in Rockford, 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 12/2022, Winnebago Boone Farm Bureau employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Winnebago Boone 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 12/2022, Winnebago Boone Farm Bureau generated $395.6k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $501.7k during the year ending 12/2022. 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
BE THE VOICE, RESOURCE, AND ADVOCATE FOR FARM FAMILIES AND AGRICULTURE, WHILE PROMOTING STEWARDSHIP FOR TODAY AND FUTURE GENERATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AGRICULTURE IN THE CLASSROOM/CONSUMER EDUCATION (INCLUDING: FAIRS, FFA, AND 4H).
PROGRAMS AND ACTIVITIES (INCLUDING YOUNG LEADERS, PRIME TIMERS, MEMBERSHIP PICNIC AND SPECIAL EVENTS).
MEMBERSHIP PUBLICATION - 16 TIMES A YEAR.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ann Marie Cain Manager | Officer | 40 | $57,135 |
Brent Pollard President | OfficerTrustee | 1 | $1,930 |
Sidney Moate Treasurer | OfficerTrustee | 1 | $0 |
John Mitchell Vice President | OfficerTrustee | 1 | $0 |
Jessica Bubert Secretary | OfficerTrustee | 1 | $0 |
Curt Greenlee Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $97,930 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $43,600 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $141,530 |
Total Program Service Revenue | $2,867 |
Investment income | $50,869 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $171,099 |
Net Rental Income | $9,852 |
Net Gain/Loss on Asset Sales | -$49,688 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $1,512 |
Miscellaneous Revenue | $0 |
Total Revenue | $395,598 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $14,700 |
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. | $5,330 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $195,690 |
Pension plan accruals and contributions | $31,471 |
Other employee benefits | $61,209 |
Payroll taxes | $15,429 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $7,820 |
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 | $9,605 |
Royalties | $0 |
Occupancy | $8,130 |
Travel | $16,513 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $2,237 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $7,204 |
Insurance | $3,627 |
All other expenses | $40,565 |
Total functional expenses | $501,726 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $14,746 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $21,843 |
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 | $10,488 |
Net Land, buildings, and equipment | $160,933 |
Investments—publicly traded securities | $1,726,526 |
Investments—other securities | $340 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,934,876 |
Accounts payable and accrued expenses | $4,593 |
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 | $8,352 |
Total liabilities | $12,945 |
Net assets without donor restrictions | $1,921,931 |
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 | $1,934,876 |
Over the last fiscal year, we have identified 1 grants that Winnebago Boone Farm Bureau has recieved totaling $9,343.
Awarding Organization | Amount |
---|---|
Iaa Foundation Bloomington, IL PURPOSE: Ag Literacy | $9,343 |
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 |