Ramsey County Farm Bureau
- Assets
- $160.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Devils Lake, ND
- Founding
- 01/1969
- Data as of
- 09/2024
- EIN
- 45-0234949
Organization Overview
Ramsey County Farm Bureau is located in Devils Lake, ND. The organization was established in 1969. 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. Ramsey County Farm Bureau is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 09/2024, Ramsey County Farm Bureau generated $36.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (22.8%) each year. All expenses for the organization totaled $29.6k during the year ending 09/2024. 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 Program Activity:
Part 3
PROMOTION OF AGRICULTURE IN GENERAL AND EDUCATION OF YOUTH ABOUT AGRICULTURE. INFORM FARMERS, AGTRIBUSINESS AND THE GENERAL PUBLIC ABOUT AGRICULTURE AND TO PROMOTE FARMING AND ITS IMPORTANT PLACE IN SOCIETY AND IN NORTH DAKOTA. THERE WERE APPROXIMATELY 700 MEMBERS OF WHICH APPROXIMATELY 200 ARE VOTING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Taylor Aasmundstad Board Member | 0.5 | $0 | |
Pam Brekke Treasurer | 0.5 | $0 | |
Chris Berg President | 0.5 | $0 | |
Chad Hofstad Board Member | 0.5 | $0 | |
Darren Paulson Board Member | 0.5 | $0 | |
Dan Plemel Board Member | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,687 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $25,301 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $380 |
| Total Revenue | $36,368 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $7,810 |
| Professional fees and other payments to independent contractors | $2,348 |
| Occupancy, rent, utilities, and maintenance | $450 |
| Printing, publications, postage, and shipping | $167 |
| Other expenses | $3,604 |
| Total expenses | $29,629 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $160,292 |
| Other assets | $0 |
| Total assets | $160,292 |
| Total liabilities | $87 |
| Net assets or fund balances | $160,205 |