Prince Edward County Farm Bureau
- Assets
- $265.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Farmville, VA
- Founding
- 08/1959
- Data as of
- 12/2023
- EIN
- 54-0657793
Organization Overview
Prince Edward County Farm Bureau is located in Farmville, VA. The organization was established in 1959. 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. Prince Edward 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 12/2023, Prince Edward County Farm Bureau generated $58.1k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $49.1k during the year ending 12/2023. While expenses have increased by 5.5% per year over the past 3 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 |
|---|---|---|---|
David Emert President | 2 | $0 | |
Terry Seal Vice President | 1 | $0 | |
David Carson Secretary | 1 | $0 | |
David Carson Treasurer | 1 | $0 | |
Betsy Jenkins Director | 1 | $0 | |
Danny Glenn Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $54,803 |
| Investment income | $3,846 |
| Gain or Loss | -$529 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $58,120 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $926 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $613 |
| Printing, publications, postage, and shipping | $3,056 |
| Other expenses | $43,673 |
| Total expenses | $49,093 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $247,985 |
| Other assets | $0 |
| Total assets | $265,790 |
| Total liabilities | $14,755 |
| Net assets or fund balances | $251,035 |