South Carolina Farm Bureau Association
- Assets
- $497.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Greenville, SC
- Founding
- 01/1973
- Data as of
- 12/2022
- EIN
- 57-0340996
Organization Overview
South Carolina Farm Bureau Association is located in Greenville, SC. The organization was established in 1973. 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 a subordinate organization within an affiliated group for tax-exemption purposes. South Carolina Farm Bureau Association is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2022, South Carolina Farm Bureau Association generated $65.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (6.4%) each year. All expenses for the organization totaled $71.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE AGRICULTURAL INTERESTS AND TO OPTIMIZE THE LIVES OF THOSE INVOLVED IN AGRICULTURE WHILE BEING RESPECTFUL TO THE NEEDS AND CONCERNS OF ALL CITIZENS IN OUR STATE.
Describe the Organization's Program Activity:
Part 3
PROVIDE A CENTRAL LOCATION FOR SERVICES, THE DISSEMINATION OF INFORMATION PROMOTING AGRICULTURAL INTERESTS AND MEETINGS.
SPONSOR COUNTY OFFICERS TO ATTEND AND REPRESENT THEIR COUNTY FARM BUREAU AT REGIONAL AND NATIONAL EVENTS.
SPONSOR COUNTY VOLUNTEERS TO REPRESENT THEIR COUNTY FARM BUREAU AT MEETINGS AND EVENTS PROMOTING AGRICULTURE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Allen Kellett Jr President | 0.3 | $0 | |
Jason Wright Vice President | 0.3 | $0 | |
Edwin Terry Secretary/treas | 0.3 | $0 | |
Chris Talley State Director | 0.3 | $0 | |
Matt Sims Legis Comm Chr | 0.3 | $0 | |
Katie Moore Yf&r Chair | 0.3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $47,466 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $17,250 |
| Gain or Loss | -$538 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,298 |
| Total Revenue | $65,476 |
| 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 | $19,930 |
| Occupancy, rent, utilities, and maintenance | $3,998 |
| Printing, publications, postage, and shipping | $2,701 |
| Other expenses | $28,001 |
| Total expenses | $71,030 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $215,206 |
| Other assets | $0 |
| Total assets | $497,930 |
| Total liabilities | $0 |
| Net assets or fund balances | $497,930 |