Farm Credit Council

Organization Overview

Farm Credit Council is located in Washington, DC. The organization was established in 1984. According to its NTEE Classification (K03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2022, Farm Credit Council employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Farm Credit Council is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 12/2022, Farm Credit Council generated $13.3m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $10.3m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.9%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

REPRESENT THE LEGISLATIVE AND REGULATORY INTERESTS OF COOPERATIVE FARM LENDERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

MONITORING AND INFORMING MEMBERS OF PROPOSED LEGISLATION BEFORE FEDERAL OR STATE LEGISLATIVE BODIES OF PROPOSED ACTIONS, POLICIES, RULINGS, OR REGULATIONS OF ANY FEDERAL OR STATE AGENCY OR ADMINISTRATIVE BODY, AND OF ANY OTHER MATTERS, WHICH MAY AFFECT THE SYSTEM.


PRESENTING THE VIEWS OF ITS MEMBERS TO FEDERAL OR STATE LEGISLATORS, REGULATORY OFFICIALS, OTHER GOVERNMENT OFFICIALS, AND THE PUBLIC ON MATTERS WHICH MAY AFFECT THE SYSTEM.


PROVIDING IMPROVED COMMUNICATION AMONG ITS MEMBERS AND BETWEEN ITS MEMBERS AND THE PUBLIC, INCLUDING THE COLLECTION OF INFORMATION FROM AND THE DISTRIBUTION OF INFORMATION TO ITS MEMBERS AND THE PUBLIC.


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Board, Officers & Key Employees

Name (title)Compensation
Jon E Marthedal
Chair
$34,980
Michael Stone
Vice Chair
$33,390
Jenny Black
Director
$31,800
Laura Braun
Director
$33,390
Dan Childs
Director
$31,800
Stan Claussen
Director
$33,390

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Penzance Dc Real Estate Fd Reit
Rent
$273,126
William J Shipp
Legislative Services
$260,952
Majority Strategies Llc
Digital Web Branding
$147,000
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
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$0
Total Program Service Revenue$12,776,090
Investment income $31,881
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$147,662
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $13,302,347

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