Gloucester - Mathews Farm Bureau Inc New Corp
- Assets
- $368.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Dutton, VA
- Founding
- 01/1971
- Data as of
- 12/2023
- EIN
- 54-1189165
Organization Overview
Gloucester - Mathews Farm Bureau Inc New Corp is located in Dutton, VA. The organization was established in 1971. 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. Gloucester - Mathews Farm Bureau Inc New Corp 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, Gloucester - Mathews Farm Bureau Inc New Corp generated $68.6k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $59.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.4%) per year over the past 8 years. 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 |
|---|---|---|---|
James Blake Director | 1 | $0 | |
Albert Birdsall Director | 1 | $0 | |
Allen Horsley Director | 1 | $0 | |
Robert Respess Director | 1 | $0 | |
Charles Rich Director | 1 | $0 | |
Chris Pointer President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $59,160 |
| Investment income | $9,424 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $68,584 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $1,150 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $2,902 |
| Printing, publications, postage, and shipping | $1,314 |
| Other expenses | $41,168 |
| Total expenses | $59,734 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $286,016 |
| Other assets | $0 |
| Total assets | $368,577 |
| Total liabilities | $18,437 |
| Net assets or fund balances | $350,140 |