Monroe County Farm Bureau Inc
- Assets
- $338.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Forsyth, GA
- Founding
- 02/1972
- Data as of
- 11/2022
- 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 11/2022, Monroe County Farm Bureau Inc generated $121.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $105.7k during the year ending 11/2022. While expenses have increased by 0.8% 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 |
|---|---|---|---|
Clete Sanders President | 2 | $0 | |
Barry Peters Vice Preside | 2 | $0 | |
Melissa Mathis Sect/treasur | 0 | $0 | |
James E Copelan Director | 0 | $0 | |
Wesley Hamm 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 | $41,685 |
| Investment income | $1,018 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $78,532 |
| Total Revenue | $121,190 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $37,449 |
| Professional fees and other payments to independent contractors | $2,665 |
| Occupancy, rent, utilities, and maintenance | $14,866 |
| Printing, publications, postage, and shipping | $1,376 |
| Other expenses | $49,384 |
| Total expenses | $105,740 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $184,405 |
| Other assets | $0 |
| Total assets | $337,984 |
| Total liabilities | $0 |
| Net assets or fund balances | $337,984 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lagrange Academy Incorporated Lagrange, GA | $3,990,523 | $3,388,962 |
Alabama Crop Improvement Association Inc Headland, AL | $6,364,411 | $3,074,944 |
Carolina Farm Stewardship Association Pittsboro, NC | $1,471,333 | $921,560 |
Florida Nursery Growers & Landscape Association Inc Orlando, FL | $4,051,633 | $1,495,171 |
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 |
Orange Avenue Citrus Growers Association Inc Vero Beach, FL | $5,804,202 | $1,061,071 |
North Carolina State Grange Statesville, NC | $23,258,233 | $1,556,538 |
Florida Strawberry Growers Association Dover, FL | $4,770,706 | $1,630,969 |
Corn Growers Association Of North Carolina Inc Elizabethtown, NC | $2,684,449 | $1,670,852 |
Knox County Farm Bureau Knoxville, TN | $1,372,068 | $906,855 |