Hanover County Farm Bureau Inc
- Assets
- $380.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ashland, VA
- Founding
- 07/2001
- Data as of
- 12/2023
- EIN
- 54-0657626
Organization Overview
Hanover County Farm Bureau Inc is located in Ashland, VA. The organization was established in 2001. 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. Hanover County 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 12/2023, Hanover County Farm Bureau Inc generated $126.1k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $129.2k during the year ending 12/2023. While expenses have increased by 1.3% per year over the past 9 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 |
|---|---|---|---|
Chapman Pemberton Director | 0.5 | $0 | |
Paulette Bradshaw Chairperson Women | 0.5 | $0 | |
Joseph Jones Director | 0.5 | $0 | |
Bruce Anderson Director | 0.5 | $0 | |
Leigh Pemberton President | 1 | $0 | |
Lester Foster Treasurer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $121,197 |
| Investment income | $2,659 |
| Gain or Loss | $13 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,280 |
| Total Revenue | $126,149 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $2,046 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $7,159 |
| Printing, publications, postage, and shipping | $6,840 |
| Other expenses | $102,189 |
| Total expenses | $129,234 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $164,722 |
| Other assets | $0 |
| Total assets | $380,764 |
| Total liabilities | $40,314 |
| Net assets or fund balances | $340,450 |