Greene County Farm Bureau
- Assets
- $619.0k
- Revenue
- $191.3k
- Investments
- $312.2k
- Employees
- 3
- Location
- Carrollton, IL
- Founding
- 04/1928
- Data as of
- 11/2023
- EIN
- 37-0303465
Organization Overview
Greene County Farm Bureau is located in Carrollton, IL. The organization was established in 1928. 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 11/2023, Greene County Farm Bureau employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greene 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 11/2023, Greene County Farm Bureau generated $191.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $168.3k during the year ending 11/2023. While expenses have increased by 1.4% 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
PROVIDING INFORMATION, REPRESENTATION, AND SERVICES TO IMPROVE THE QUALITY OF LIFE THAT REFLECTS OUR AGRICULTURAL HERITAGE IN GREENE COUNTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GENERAL MEMBERSHIP ACTIVITIES - TO PROVIDE ADMINISTRATIVE AND FACILITY SUPPORT SERVICES FOR APPROXIMATE MEMBERSHIP OF 1,313.
INFORMATION PUBLICATION - TO PROVIDE A MONTHLY PUBLICATION WITH AGRICULTURAL RELATED INFORMATION TO THE MEMBERSHIP. CIRCULATION OF PUBLICATION IS TO THE MEMBERSHIP OF APPROXIMATELY 1,313.
PROMOTION AND SUPPORT OF AGRICULTURAL RELATED ACTIVITIES - ACTIVITIES AND PROMOTIONS ARE CONDUCTED PRIMARILY FOR THE GENERAL MEMBERSHIP WITH SPECIFIC ACTIVITY INTEREST.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brock Schutz President | OfficerTrustee | 1 | $0 |
Wesley Rynders Director | Trustee | 1 | $0 |
Gage Giberson Young Leader | Trustee | 1 | $0 |
Kevin Bland Treasurer | OfficerTrustee | 1 | $0 |
Lisa Schnettgoecke Director | Trustee | 1 | $0 |
Nathan Schnettgoecke Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $36,267 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $81,817 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $118,084 |
| Total Program Service Revenue | $4,769 |
| Investment income | $20,817 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $33,156 |
| Net Rental Income | -$1,400 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $722 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $191,345 |
| 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. | $1,320 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $37,274 |
| Pension plan accruals and contributions | $3,484 |
| Other employee benefits | $13,807 |
| Payroll taxes | $3,062 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,620 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $6,512 |
| Office expenses | $6,915 |
| Information technology | $3,893 |
| Royalties | $0 |
| Occupancy | $4,121 |
| Travel | $2,976 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $15,464 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,149 |
| Insurance | $2,970 |
| All other expenses | $8,595 |
| Total functional expenses | $168,291 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,060 |
| Savings and temporary cash investments | $151,859 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $426 |
| 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 | $10,906 |
| Net Land, buildings, and equipment | $128,558 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $312,178 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $618,987 |
| Accounts payable and accrued expenses | $9,080 |
| 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 | $9,080 |
| Net assets without donor restrictions | $609,907 |
| 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 | $618,987 |