South Carolina Farm Bureau Association is located in Seneca, 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 $62.8k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $57.9k during the year ending 12/2022. While expenses have increased by 5.0% per year over the past 4 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tim Donald Piedmont VP | 0.3 | $0 | |
David Mcmahan Director | 0.3 | $0 | |
James Stone II Secretary/treas | 0.3 | $0 | |
Charles Whiten Director | 0.3 | $0 | |
Lee Keese Director | 0.3 | $0 | |
Jerry Fowler Director | 0.3 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $43,588 |
Total Program Service Revenue | $2,033 |
Membership dues | $0 |
Investment income | $17,863 |
Gain or Loss | -$645 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $62,839 |
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 | $9,464 |
Occupancy, rent, utilities, and maintenance | $5,326 |
Printing, publications, postage, and shipping | $1,567 |
Other expenses | $32,518 |
Total expenses | $57,850 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $70,350 |
Other assets | $0 |
Total assets | $333,670 |
Total liabilities | $0 |
Net assets or fund balances | $333,670 |