South Carolina Farm Bureau Association
- Assets
- $333.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Seneca, SC
- Founding
- 01/1973
- Data as of
- 12/2022
- EIN
- 57-0631185
Organization Overview
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.
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Board, Officers & Key Employees
| 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 |
Financial Statements
| 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 |