Traverse County Farm Bureau Association
- Assets
- $21.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wheaton, MN
- Founding
- 06/1945
- Data as of
- 06/2022
- EIN
- 41-0740027
Organization Overview
Traverse County Farm Bureau Association is located in Wheaton, MN. 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. Traverse County Farm Bureau Association is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 06/2022, Traverse County Farm Bureau Association generated $12.5k in total revenue. The organization has seen a slow decline revenue. Over the past 2 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $12.0k during the year ending 06/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
TO INCREASE THE QUALITY OF LIFE FOR RANCHERS AND FARMERS IN MN. TO PROVIDE EDUCATION AND ASSISTANCE TO INCREASE THE KNOWLEDGE LEVEL OF ISSUES FACING FARMERS AND RANCHERS IN MINNESOTA AND ELSEWHERE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Keller Vice President | 0 | $0 | |
Philip Brink Director | 0 | $0 | |
Larry Raguse President | 0 | $0 | |
Craig Lichtsinn Director | 0 | $0 | |
Darlene Beyer Secretary | 0 | $0 | |
Rodd Beyer Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,952 |
| Total Program Service Revenue | $1,850 |
| Membership dues | $0 |
| Investment income | $4,661 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $12,463 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $6,676 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,344 |
| Total expenses | $12,020 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,116 |
| Other assets | $0 |
| Total assets | $21,605 |
| Total liabilities | $0 |
| Net assets or fund balances | $21,605 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Iowa-Nebraska Farm Equipment Association Inc Johnston, IA | $8,633,028 | $3,095,740 |
South Dakota Farm Bureau Federation Huron, SD | $2,922,262 | $2,176,457 |
North Dakota Crop Improvement & Seed Association Fargo, ND | $643,754 | $1,270,188 |
Fox Valley Cooperative Farm Management Association Appleton, WI | $1,517,902 | $1,296,929 |
Mississippi Valley Farm Bus Assn Fairfield, IA | $0 | $944,274 |
Central Iowa Farm Business Assn Jefferson, IA | $566,912 | $990,824 |
Fayette County Agricultural Society West Union, IA | $1,416,189 | $1,190,275 |
Northern Plains Potato Growers Association East Grand Forks, MN | $1,522,109 | $1,231,654 |
Wisconsin Crop Improvement Association Agronomy Building Middleton, WI | $1,498,748 | $660,442 |
Wisconsin State Cranbery Growers Association Wisconsin Rapids, WI | $202,268 | $675,448 |
Scott County Agricultural Society Inc Jordan, MN | $1,086,057 | $784,804 |
North Dakota Grain Growers Association West Fargo, ND | $770,775 | $713,248 |