Sherman County Farm Bureau Association
- Assets
- $174.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Goodland, KS
- Founding
- 01/1953
- Data as of
- 06/2022
- EIN
- 48-0559559
Organization Overview
Sherman County Farm Bureau Association is located in Goodland, KS. The organization was established in 1953. 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. Sherman 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, Sherman County Farm Bureau Association generated $24.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (50.8%) each year. All expenses for the organization totaled $23.9k 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
ALL ACTIVITES OFFERED TO EDUCATE AND/OR IMPROVE QULITY OF LIFE FOR MEMBERS. PROGRAMS OFERED TO ALL MEMBERS INCLUDE HEALTH, SAFETY, CITIZENSHIP AND MARKETING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffery Deeds President | 0 | $0 | |
Adam Duell Vice-President | 0 | $0 | |
Amy Sederstrom Board Member | 0 | $0 | |
Greg Sederstrom Board Member | 0 | $0 | |
Seth Ackerman Treasurer | 0 | $0 | |
Aubrea Winter Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,455 |
| Total Program Service Revenue | $0 |
| Membership dues | $13,662 |
| Investment income | $3,204 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $90 |
| Total Revenue | $24,411 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $8,572 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $3,277 |
| Printing, publications, postage, and shipping | $64 |
| Other expenses | $8,282 |
| Total expenses | $23,945 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $95,131 |
| Other assets | $0 |
| Total assets | $174,505 |
| Total liabilities | $0 |
| Net assets or fund balances | $174,505 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Livestock Marketing Association Overland Park, KS | $41,945,453 | $11,175,778 |
German Farmers Mutual Assessment Insurance Assoc Of Hall County Inc Cairo, NE | $1,959,468 | $2,974,512 |
American Society Of Farm Managers & Rural Appraisers Glendale, CO | $4,224,649 | $2,977,415 |
Buffalo County Agricultural Association Kearney, NE | $14,912,793 | $2,842,209 |
National Assn Of Farm Broadcasters Platte City, MO | $5,376,583 | $1,403,716 |
Farm Equipment Manufacturers Association Saint Louis, MO | $4,847,175 | $923,223 |
Missouri Corn Growers Association Jefferson City, MO | $1,688,934 | $807,916 |
Kansas Farm Management Association S E El Dorado, KS | $456,057 | $739,524 |
Kansas Crop Improvement Association Kansas State University Manhattan, KS | $1,606,710 | $691,139 |
Saunders County Agricultural Society Wahoo, NE | $1,008,034 | $577,571 |
Nebraska Corn Growers Association Lincoln, NE | $515,195 | $544,564 |
Kansas Farm Management Association N W Colby, KS | $398,009 | $473,890 |