Monroe County Farm Bureau Foundation
- Assets
- $192.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Waterloo, IL
- Founding
- 09/1995
- Data as of
- 12/2021
- EIN
- 37-1345824
Organization Overview
Monroe County Farm Bureau Foundation is located in Waterloo, IL. The organization was established in 1995. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Monroe 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 12/2021, Monroe County Farm Bureau Foundation generated $46.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (21.6%) each year. All expenses for the organization totaled $59.3k during the year ending 12/2021. 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 |
|---|---|---|---|
Haley Gregson Director | 1 | $0 | |
George Obernagel Director | 1 | $0 | |
Karen Schrader President | 1 | $0 | |
Glen Mueller Vice-President | 1 | $0 | |
Amanda Marquardt Director | 1 | $0 | |
Ginny Rusteberg Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $34,645 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $5,928 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $5,389 |
| Other Revenue | $235 |
| Total Revenue | $46,197 |
| 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 | $788 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $10,015 |
| Total expenses | $59,280 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $192,048 |
| Other assets | $0 |
| Total assets | $192,048 |
| Total liabilities | $0 |
| Net assets or fund balances | $192,048 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Monroe County Farm Bureau Foundation has recieved totaling $8,122.
| Awarding Organization | Amount |
|---|---|
Iaa Foundation Bloomington, IL PURPOSE: Ag Literacy | $8,122 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Iowa-Nebraska Farm Equipment Association Inc Johnston, IA | $8,633,028 | $3,095,740 |
Kentucky Corn Growers Association Eastwood, KY | $10,650,965 | $3,755,391 |
Dekalb County Farm Bureau Sycamore, IL | $2,798,652 | $1,236,356 |
National Assn Of Farm Broadcasters Platte City, MO | $5,376,583 | $1,403,716 |
Fox Valley Cooperative Farm Management Association Appleton, WI | $1,517,902 | $1,296,929 |
Mississippi Valley Farm Bus Assn Fairfield, IA | $0 | $944,274 |
Farm Equipment Manufacturers Association Saint Louis, MO | $4,847,175 | $923,223 |
Central Iowa Farm Business Assn Jefferson, IA | $566,912 | $990,824 |
Fayette County Agricultural Society West Union, IA | $1,416,189 | $1,190,275 |
Morgan County Agricultural Fair Association Jacksonville, IL | $905,083 | $1,324,759 |
Wisconsin Crop Improvement Association Agronomy Building Middleton, WI | $1,498,748 | $660,442 |
Missouri Corn Growers Association Jefferson City, MO | $1,688,934 | $807,916 |