Randolph County Farm Bureau Inc
- Assets
- $163.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wedowee, AL
- Founding
- 08/1970
- Data as of
- 06/2022
- EIN
- 63-0580243
Organization Overview
Randolph County Farm Bureau Inc is located in Wedowee, AL. The organization was established in 1970. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Randolph 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 06/2022, Randolph County Farm Bureau Inc generated $51.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $48.1k during the year ending 06/2022. While expenses have increased by 4.0% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
AGRICULTURAL PROMOTION AND APPRECIATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richie Traylor President | 1 | $0 | |
David Johnson Vice President | 1 | $0 | |
Larry Bowen Vice President | 1 | $0 | |
Dean Wysner Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $33,111 |
| Investment income | $18,252 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $51,363 |
| 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 | $1,105 |
| Occupancy, rent, utilities, and maintenance | $5,511 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $41,527 |
| Total expenses | $48,143 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $85,448 |
| Other assets | $0 |
| Total assets | $163,246 |
| Total liabilities | $0 |
| Net assets or fund balances | $163,246 |