Monroe County Farm Bureau Inc
- Assets
- $366.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Ida, MI
- Founding
- 03/1948
- Data as of
- 08/2023
- EIN
- 38-1388257
Organization Overview
Monroe County Farm Bureau Inc is located in Ida, MI. The organization was established in 1948. 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, Monroe County Farm Bureau Inc employed 2 individuals. This organization is the central organization for a national or regional group of organizations. Monroe 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 08/2023, Monroe County Farm Bureau Inc generated $171.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $172.3k during the year ending 08/2023. While expenses have increased by 1.8% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
FARM BUREAU IS A FREE INDEPENDENT, NON-GOVERNMENTAL, VOLUNTARY ORGANIZATION OF FARM FAMILIES UNITED FOR THE PURPOSE OF ANALYZING THEIR PROBLEMS & FORMULATING ACTION TO ACHIEVE EDUCATIONAL IMPROVEMENT, ECONOMIC OPPORTUNITY, & SOCIAL ADVANCEMENT & THEREBY PROMOTE NATIONAL WELFARE.
Describe the Organization's Program Activity:
Part 3
PUBLIC POLICY - USING A GRASS ROOTS PHILOSPHY, VOLUNTEER MEMBERS FORMULATE CURRENT AND EMERGING AGRICULTURE ISSUES INTO AREAS OF INTEREST. MEMBERSHIP, WITH A UNIFIED VOICE, PROVIDES DIRECTION TO THE STATE ORGANIZATION. THE STATE-WIDE ORGANIZATION THEN DEVELOPS A LOCAL, STATE, AND NATIONAL LEVEL STRATEGY.PROMOTION & EDUCATION-EDUCATION ABOUT THE AGRICULTURAL INDUSTRY ARE OFFERED TO HUNDREDS IN THE GENERAL PUBLIC WITH EVENTS SUCH AS 4-H CLUBS,FFA CHAPTERS,& SCHOOLS AND CIVIC GROUPS.YOUNG FARMERS-EDUCATION & LEADERSHIP SKILL DEVELOPMENT PROGRAMS FOR CURRENT LOCAL AG LEADERS WITHIN THE AGES OF 18 TO 35 & OFFERS SOCIAL EVENTS TO DEVELOP FUTURE LEADERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anna Sahloff Secretarytreasurer | 40 | $51,169 | |
Roger Bezek President | 3 | $870 | |
Caleb Matthes Vice President | 2 | $0 | |
Andrew Woelmer Third Member | 2 | $480 | |
Jennie Stanger Director | 1 | $0 | |
Dayton Darling Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,792 |
| Total Program Service Revenue | $44,484 |
| Membership dues | $106,172 |
| Investment income | $7,142 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $11,788 |
| Total Revenue | $171,378 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $67,689 |
| Professional fees and other payments to independent contractors | $425 |
| Occupancy, rent, utilities, and maintenance | $17,688 |
| Printing, publications, postage, and shipping | $957 |
| Other expenses | $85,561 |
| Total expenses | $172,320 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $290,737 |
| Other assets | $0 |
| Total assets | $366,351 |
| Total liabilities | $1,254 |
| Net assets or fund balances | $365,097 |