Genesee County Farm Bureau Inc
- Assets
- $467.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Swartz Creek, MI
- Founding
- 01/1945
- Data as of
- 08/2024
- EIN
- 38-1375283
Organization Overview
Genesee County Farm Bureau Inc is located in Swartz Creek, MI. The organization was established in 1945. 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. Genesee County Farm Bureau Inc is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 08/2024, Genesee County Farm Bureau Inc generated $174.4k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $139.1k during the year ending 08/2024. As we would expect to see with falling revenues, expenses have declined by (1.8%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
FARM BUREAU IS A FREE, INDEPENDENT, NON-GOVERNMENTAL, VOLUNTARY ORGANIZATION OF FARM FAMILIES.
Describe the Organization's Program Activity:
Part 3
PUBLIC POLICY - USING A GRASS ROOTS PHILOSOPHY VOLUNTEER MEMBERS SURFACE CURRENT AND EMERGING AGRICULTURAL ISSUES TO PROVIDE DIRECTION TO THE STATE ORGANIZATION IN A PLAN OF WORK ON A LOCAL, STATE AND NATIONAL LEVEL.
PROMOTION AND EDUCATION - EDUCATION TO MICHIGAN CONSUMERS ABOUT AGRICULTURE THROUGH WORKING WITH CHILDREN AND SCHOOLS AND COORDINATING PUBLIC OUTREACH PROGRAMS TO PROMOTE AND EDUCATE ABOUT AGRICULTURE. IN ADDITION, EDUCATION TO FARMS ON ISSUES IMPACTING AGRICULTURE.
YOUNG FARMERS - EDUCATION AND LEADERSHIP SKILL DEVELOPMENT PROGRAMS FOR CURRENT LOCAL AG LEADERS WITHIN THE AGES OF 18 TO 35. ALSO OFFERS SOCIAL EVENTS AND ENCOURAGES INVOLVEMENT TO DEVELOP FUTURE LEADERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Phillip Jelinek President | 0 | $0 | |
Sonja Lapak Vice Preside | 0 | $0 | |
Jennifer Zietz Secreatry/tr | 0 | $0 | |
Michael Horton Third Member | 0 | $0 | |
Chad Morey Member | 0 | $0 | |
Jeffrey Knickerbocker Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $114,836 |
| Investment income | $45,921 |
| Gain or Loss | $2,717 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $10,942 |
| Total Revenue | $174,416 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $76,610 |
| Professional fees and other payments to independent contractors | $1,576 |
| Occupancy, rent, utilities, and maintenance | $1,100 |
| Printing, publications, postage, and shipping | $997 |
| Other expenses | $58,773 |
| Total expenses | $139,056 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $467,106 |
| Other assets | $0 |
| Total assets | $467,106 |
| Total liabilities | $0 |
| Net assets or fund balances | $467,106 |