Halifax Farm Bureau Inc
- Assets
- $438.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- South Boston, VA
- Founding
- 09/1958
- Data as of
- 11/2023
- EIN
- 54-0542923
Organization Overview
Halifax Farm Bureau Inc is located in South Boston, VA. The organization was established in 1958. 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. Halifax Farm Bureau Inc is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 11/2023, Halifax Farm Bureau Inc generated $92.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $96.9k during the year ending 11/2023. While expenses have increased by 0.3% per year over the past 8 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 |
|---|---|---|---|
Garland Comer President | 1.95 | $0 | |
Julius H Reese III Director | 0.86 | $0 | |
Adam Davis Young Farmers Chair | 0.57 | $0 | |
W Page Wilkerson Director | 1.25 | $0 | |
John Voss Secretary/treasurer | 0.96 | $0 | |
Steven Bowen Director | 0.59 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $91,684 |
| Investment income | $684 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $92,368 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $1,579 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $431 |
| Printing, publications, postage, and shipping | $3,152 |
| Other expenses | $88,380 |
| Total expenses | $96,892 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $407,391 |
| Other assets | $0 |
| Total assets | $438,801 |
| Total liabilities | $21,639 |
| Net assets or fund balances | $417,162 |