Vermilion County Farm Bureau Foundation
- Assets
- $151.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Danville, IL
- Founding
- 11/2007
- Data as of
- 09/2022
- EIN
- 41-2235367
Organization Overview
Vermilion County Farm Bureau Foundation is located in Danville, IL. The organization was established in 2007. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vermilion 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 09/2022, Vermilion County Farm Bureau Foundation generated $47.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $50.3k during the year ending 09/2022. While expenses have increased by 11.1% per year over the past 7 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Willard Chairman | 2 | $0 | |
Dean Grimes Vice Chairma | 1 | $0 | |
Jerry Askren Board Member | 1 | $0 | |
Brian Neville Board Member | 1 | $0 | |
Cole Acton Board Member | 1 | $0 | |
Mark Steinbaugh Secretary-Tr | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,798 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $679 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $22,587 |
| Other Revenue | $177 |
| Total Revenue | $47,241 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $39,221 |
| Professional fees and other payments to independent contractors | $415 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,928 |
| Total expenses | $50,269 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $144,111 |
| Other assets | $0 |
| Total assets | $151,479 |
| Total liabilities | $0 |
| Net assets or fund balances | $151,479 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Vermilion County Farm Bureau Foundation has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Iroquois Federal Foundation Inc Watseka, IL PURPOSE: FUNDING FOR AG CLASSROOM | $1,000 |
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|---|---|---|
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Racine Charter One Inc Racine, WI | $5,378,275 | $6,487,272 |
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Uw-Platteville Real Estate Foundation Inc Platteville, WI | $45,856,338 | $5,901,983 |
Iowa Western Community College Foundation Council Bluffs, IA | $36,011,501 | $4,880,435 |
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