Monroe County Farm Bureau Inc
- Assets
- $348.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Forsyth, GA
- Founding
- 02/1972
- Data as of
- 11/2023
- EIN
- 58-1050199
Organization Overview
Monroe County Farm Bureau Inc is located in Forsyth, GA. The organization was established in 1972. 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. Monroe 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 11/2023, Monroe County Farm Bureau Inc generated $125.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $115.4k during the year ending 11/2023. While expenses have increased by 1.8% per year over the past 8 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 |
|---|---|---|---|
Clete Sanders President | 2 | $0 | |
Barry Peters Vice Preside | 2 | $0 | |
Melissa Mathis Sect/treasur | 0 | $0 | |
James E Copelan Director | 0 | $0 | |
Wesley Ham Director | 0 | $0 | |
Ray Bowden Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $42,385 |
| Investment income | $9,782 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $73,583 |
| Total Revenue | $125,750 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $40,576 |
| Professional fees and other payments to independent contractors | $3,340 |
| Occupancy, rent, utilities, and maintenance | $14,657 |
| Printing, publications, postage, and shipping | $1,403 |
| Other expenses | $55,445 |
| Total expenses | $115,421 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $203,284 |
| Other assets | $0 |
| Total assets | $348,314 |
| Total liabilities | $0 |
| Net assets or fund balances | $348,314 |