Macon County Farm Bureau Foundation
- Assets
- $316.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Decatur, IL
- Founding
- 11/1995
- Data as of
- 05/2022
- EIN
- 37-1288321
Organization Overview
Macon County Farm Bureau Foundation is located in Decatur, IL. The organization was established in 1995. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Macon County Farm Bureau Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 05/2022, Macon County Farm Bureau Foundation generated $54.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $44.3k during the year ending 05/2022. While expenses have increased by 4.3% per year over the past 7 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bill Brown Trustee | 1 | $0 | |
Dave Carr Chairman | 1 | $0 | |
Dennis Hughes Trustee | 1 | $0 | |
Mike Kernaghan Trustee | 1 | $0 | |
Mat Muirheid Trustee | 1 | $0 | |
Corey Zelhart Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $41,848 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $10,494 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,909 |
| Other Revenue | $0 |
| Total Revenue | $54,251 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $3,146 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $17,148 |
| Total expenses | $44,294 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $316,096 |
| Other assets | $0 |
| Total assets | $316,846 |
| Total liabilities | $27,845 |
| Net assets or fund balances | $289,001 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Indiana Farm Bureau Indianapolis, IN | $22,690,251 | $11,074,675 |
National Swine Registry West Lafayette, IN | $2,564,738 | $7,027,546 |
National Snaffle Bit Association Inc Gurnee, IL | $5,863,990 | $6,575,627 |
Seed Savers Exchange Inc Decorah, IA | $8,340,832 | $6,859,116 |
Wisconsin Soybean Marketing Board Inc Madison, WI | $9,285,621 | $7,489,309 |
Indiana Corn Marketing Council Indianapolis, IN | $5,137,582 | $5,167,221 |
Missouri Corn Merchandising Council Jefferson City, MO | $10,685,301 | $5,612,300 |
Eat Greater Des Moines Des Moines, IA | $273,044 | $4,607,206 |
Missouri Farm Bureau Federation 1616 Missouri Blvd Jefferson City, MO | $26,099,278 | $6,710,697 |
Illinois Crop Improvement Assn Champaign, IL | $3,787,819 | $4,780,035 |
Indiana Crop Improvement Assn Inc Lafayette, IN | $5,728,593 | $3,567,413 |
Wisconsin Farm Bureau Federation Cooperative Madison, WI | $4,550,092 | $4,122,654 |