Wayne County Farm Bureau
- Assets
- $981.7k
- Revenue
- $254.4k
- Investments
- $267.0
- Employees
- 2
- Location
- Fairfield, IL
- Founding
- 11/1935
- Data as of
- 09/2023
- EIN
- 37-0664133
Organization Overview
Wayne County Farm Bureau is located in Fairfield, 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 09/2023, Wayne County Farm Bureau employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wayne 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 09/2023, Wayne County Farm Bureau generated $254.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $286.5k during the year ending 09/2023. While expenses have increased by 2.1% 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
THE MISSION OF THE WAYNE COUNTY FARM BUREAU IS TO MAINTAIN A STRONG, WELL-ORGANIZED ASSOCIATION OF FARMERS DEDICATED TO BEING A STRONG VOICE FOR AGRICULTURE, MEETING FARMERS' NEEDS, AND PRESERVING AND ENHANCING THE QUALITY OF FAMILY FARM LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERSHIP SERVICES - PROVIDING OUR MEMBERSHIP WITH INFORMATION, PROGRAMMING, AND OTHER MEMBERSHIP BENEFITS TO SUPPORT AND PROMOTE THE AGRICULTURE INDUSTRY.
PUBLICITY & PROMOTION - DEVELOP VARIOUS MODES OF PUBLICITY INCLUDING NEWS PUBLICATIONS, WEBSITE, RADIO PROGRAMMING, AND SOCIAL MEDIA TO DISSIMINATE INFORMATION ABOUT AGRICULTURE TO OUR MEMBERS AND THE GENERAL PUBLIC.
AGRICULTURAL LITERACY - DEVELOPING AGRICULTURAL LESSONS AND PRESENTING THEM TO CHILDREN THROUGHOUT THE SCHOOLS WITHIN THE COUNTY, INCLUDING TRAINING TEACHERS AND PUBLIC AWARENESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David W White President | OfficerTrustee | 0.5 | $0 |
Nathan Vaughn Director | Trustee | 0.5 | $0 |
Fred B Blessing Director | Trustee | 0.5 | $0 |
James R Rush Director | Trustee | 0.5 | $0 |
Heather Greenwalt Director | Trustee | 0.5 | $0 |
Mark A Bunnage Secretary/treasurer | OfficerTrustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $55,466 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $63,838 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $119,304 |
| Total Program Service Revenue | $70,244 |
| Investment income | $38,926 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $5,317 |
| 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 | $2,148 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $254,435 |
| 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 | $50,228 |
| Pension plan accruals and contributions | $9,550 |
| Other employee benefits | $4,931 |
| Payroll taxes | $3,984 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $455 |
| Fees for services: Other | $0 |
| Advertising and promotion | $32,125 |
| Office expenses | $2,189 |
| Information technology | $3,324 |
| Royalties | $0 |
| Occupancy | $1,184 |
| Travel | $11,596 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $19,622 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,597 |
| Insurance | $3,672 |
| All other expenses | $4,284 |
| Total functional expenses | $286,485 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,312 |
| Savings and temporary cash investments | $30 |
| Pledges and grants receivable | $26,854 |
| 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 | $15,802 |
| Net Land, buildings, and equipment | $72,954 |
| Investments—publicly traded securities | $852,528 |
| Investments—other securities | $267 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $981,747 |
| Accounts payable and accrued expenses | $25,060 |
| Grants payable | $0 |
| Deferred revenue | $1,317 |
| 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 | $26,377 |
| Net assets without donor restrictions | $955,370 |
| 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 | $981,747 |