Alexander County Farm Bureau Inc
- Assets
- $227.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Taylorsville, NC
- Founding
- 05/1967
- Data as of
- 12/2021
- EIN
- 56-6083700
Organization Overview
Alexander County Farm Bureau Inc is located in Taylorsville, NC. The organization was established in 1967. 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. Alexander 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 12/2021, Alexander County Farm Bureau Inc generated $90.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $92.7k during the year ending 12/2021. While expenses have increased by 3.7% per year over the past 7 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 |
|---|---|---|---|
Lee Herman President | 0.2 | $0 | |
Donald Payne Secretary | 0.2 | $0 | |
Bill Chapman V-President | 0.2 | $0 | |
Gary Chapman Member-Bod | 0.2 | $0 | |
Myles Payne Member-Bod | 0.2 | $0 | |
Wayne Bryant Member-Bod | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $58,250 |
| Investment income | $31,947 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $90,197 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $500 |
| Occupancy, rent, utilities, and maintenance | $3,158 |
| Printing, publications, postage, and shipping | $271 |
| Other expenses | $73,251 |
| Total expenses | $92,680 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $162,282 |
| Other assets | $0 |
| Total assets | $227,690 |
| Total liabilities | $0 |
| Net assets or fund balances | $227,690 |
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|---|---|---|
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Carolina Farm Stewardship Association Pittsboro, NC | $1,471,333 | $921,560 |
Georgia Crop Improvement Association Inc Athens, GA | $2,567,153 | $1,565,826 |
North Carolina Farmworkers Project Inc Benson, NC | $510,721 | $1,216,468 |
Forest Farmers Association Inc Carrollton, GA | $208,453 | $1,112,650 |
North Carolina State Grange Statesville, NC | $23,258,233 | $1,556,538 |
Corn Growers Association Of North Carolina Inc Elizabethtown, NC | $2,684,449 | $1,670,852 |
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