Pike-Scott Farm Bureau
- Assets
- $934.2k
- Revenue
- $283.2k
- Investments
- $186.3k
- Employees
- 2
- Location
- Pittsfield, IL
- Founding
- 06/1925
- Data as of
- 08/2023
- EIN
- 37-0664123
Organization Overview
Pike-Scott Farm Bureau is located in Pittsfield, IL. The organization was established in 1925. 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 08/2023, Pike-Scott Farm Bureau employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pike-Scott 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 08/2023, Pike-Scott Farm Bureau generated $283.2k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $239.3k during the year ending 08/2023. While expenses have increased by 0.5% per year over the past 6 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
THE PIKE COUNTY FARM BUREAU WILL LEAD OUR MEMBERS IN THEIR PURSUIT OF PROSPERITY. WE WILL ADVANCE PROGRAMS AND PUBLIC POLICIES THAT PROMOTE A STRONG AGRICULTURAL ECONOMY AND BENEFIT OUR MEMBERS AND THEIR COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GENERAL MEMBERSHIP ACTIVITIES - TO PROVIDE ADMINISTRATIVE AND FACILITY SUPPORT SERVICES FOR OUR MEMBERSHIP.
INFORMATION PUBLICATION - TO PROVIDE A MONTHLY PUBLICATION WITH AGRICULTURAL RELATED INFORMATION TO THE MEMBERSHIP. CIRCULATION OF PUBLICATION IS TO THE MEMBERSHIP OF APPROXIMATELY 1,983. PLAT BOOK SALES - TO PROVIDE COUNTY PLAT BOOKS TO RESIDENTS OF THE COUNTY.
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 |
|---|---|---|---|
Kim Curry President | OfficerTrustee | 1 | $0 |
Wayne Brown Vice-President | OfficerTrustee | 1 | $0 |
Bryan Koeller Secretary | OfficerTrustee | 1 | $0 |
Jeremy Thomas Treasurer | OfficerTrustee | 1 | $0 |
Craig Ator Director | Trustee | 1 | $0 |
Brady Borrowman Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $57,868 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $134,137 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $192,005 |
| Total Program Service Revenue | $2,649 |
| Investment income | $34,286 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $51,252 |
| Net Rental Income | -$18,479 |
| Net Gain/Loss on Asset Sales | -$5,862 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,053 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $283,167 |
| 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. | $66,317 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $17,266 |
| Pension plan accruals and contributions | $4,792 |
| Other employee benefits | $18,559 |
| Payroll taxes | $6,441 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,861 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $6,025 |
| Information technology | $3,385 |
| Royalties | $0 |
| Occupancy | $866 |
| Travel | $4,955 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $22,510 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,245 |
| Insurance | $2,870 |
| All other expenses | $13,052 |
| Total functional expenses | $239,259 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $50,268 |
| Savings and temporary cash investments | $15,389 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $40,690 |
| 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 | $5,022 |
| Net Land, buildings, and equipment | $113,589 |
| Investments—publicly traded securities | $522,971 |
| Investments—other securities | $186,281 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $934,210 |
| Accounts payable and accrued expenses | $26,818 |
| Grants payable | $0 |
| Deferred revenue | $9,160 |
| 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 | $35,978 |
| Net assets without donor restrictions | $898,232 |
| 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 | $934,210 |