Bureau County Agricultural Board is located in Princeton, IL. The organization was established in 1949. 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 09/2023, Bureau County Agricultural Board employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bureau County Agricultural Board is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 09/2023, Bureau County Agricultural Board generated $501.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $513.2k during the year ending 09/2023. While expenses have increased by 2.0% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FOR AN ANNUAL FAIR IN BUREAU COUNTY, ILLINOIS AND THE PROMOTION OF LOCAL AGRICULTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRESENTATION OF ANNUAL COUNTY FAIR AND PROMOTION OF AGRICULTURE IN BUREAU COUNTY, ILLINOIS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Pete Reviglio President | OfficerTrustee | 1 | $0 |
Gary Monier Past President | OfficerTrustee | 1 | $0 |
Kyle Burrows 1st Vice President | OfficerTrustee | 5 | $0 |
Ryan Molln 2nd Vice President | OfficerTrustee | 1 | $0 |
Roberta Fox Treasurer | OfficerTrustee | 10 | $3,600 |
Kathy Bauer Exec. Secretary, Event Mgr | OfficerTrustee | 1 | $3,600 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $525 |
Fundraising events | $0 |
Related organizations | $75,000 |
Government grants | $28,221 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $103,746 |
Total Program Service Revenue | $314,235 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $33,475 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $50,063 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $501,519 |
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. | $10,800 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $20,381 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $2,867 |
Fees for services: Management | $10,565 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $3,232 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $4,323 |
Office expenses | $12,706 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $99,407 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,683 |
Interest | $9,438 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $10,721 |
Insurance | $36,434 |
All other expenses | $6,977 |
Total functional expenses | $513,204 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $38,158 |
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 | $0 |
Net Land, buildings, and equipment | $288,018 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $326,176 |
Accounts payable and accrued expenses | $1,214 |
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 | $189,997 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $191,211 |
Net assets without donor restrictions | $0 |
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 | $134,965 |
Total liabilities and net assets/fund balances | $326,176 |