Lapeer County Agricultural Society

Organization Overview

Lapeer County Agricultural Society is located in Imlay City, MI. The organization was established in 1922. 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 10/2023, Lapeer County Agricultural Society employed 47 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lapeer County Agricultural Society is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.

For the year ending 10/2023, Lapeer County Agricultural Society generated $1.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $1.1m during the year ending 10/2023. While expenses have increased by 7.2% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE COMMUNITY AWARENESS OF AGRICULTURAL EDUCATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE AGRICULTURAL SOCIETY CREATES ADDITIONAL COMMUNITY SUPPORT FOR BOTH THE AGRICULUTRAL FAIR AND AGRICULTURAL EDUCATION.


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Board, Officers & Key Employees

Name (title)Compensation
Jeff Schluessler
Secretary
$0
Alan Woodworth
Vice President
$0
Coy Hansen
Director
$0
Jim Slack
Director
$0
John Whitaker
Director
$0
Bill Seidell
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$725
Fundraising events$0
Related organizations$0
Government grants $71,503
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$72,228
Total Program Service Revenue$1,064,952
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $45,836
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 $0
Miscellaneous Revenue$0
Total Revenue $1,183,016

Peer Organizations

Organization NameAssets
Allegan County Agricultural Society
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$3,196,750
Lapeer County Agricultural Society
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$1,183,016
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Wisconsin State Cranbery Growers Association
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Saginaw County Agricultural Society
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Marathon County Agricultural Society
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Giving Tree Farm Inc
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Mecosta County Agricultural Fair Assn
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Sauk County Agricultural Society
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$617,042
Harrison County Agricultural Society
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$480,882
Wisconsin Farm Bureau Foundation Inc
Madison, WI
$359,793
Barry County Agriculture Society
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$685,085
Eaton County Agricultural Society
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$677,170
Kent County Farm Bureau
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$224,657
Oceana County Agricultural Society
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$376,600
Trustees Of Purdue University
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$383,307
Michigan Corn Growers Association
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$222,952

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