Farm Bureau Federation Mississippi is located in Batesville, MS. The organization was established in 1960. 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. Farm Bureau Federation Mississippi is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 10/2023, Farm Bureau Federation Mississippi generated $186.5k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $156.1k during the year ending 10/2023. While expenses have increased by 2.9% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO UNITE THROUGH OUR MEMBERSHIP THOSE PEOPLE OR GROUPS OF PEOPLE WITH A COMMON INTEREST IN DEVELOPING AND IMPROVING THE ECONOMIC, SOCIAL AND EDUCATIONAL INTEREST OF THE FARMER.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Andrew Thorton Young Farmer Chairman | 2 | $0 | |
Linda Holland Women's Chairman | 2 | $0 | |
William Garner Director | 1 | $0 | |
Trina Gibson Director | 1 | $0 | |
Lent Thomas Director | 1 | $0 | |
Drew Wilson Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $109,566 |
Membership dues | $76,732 |
Investment income | $221 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $15 |
Total Revenue | $186,534 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $2,571 |
Salaries, other compensation, and employee benefits | $77,629 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $17,985 |
Printing, publications, postage, and shipping | $431 |
Other expenses | $26,732 |
Total expenses | $156,060 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $113,895 |
Other assets | $0 |
Total assets | $334,348 |
Total liabilities | $61,749 |
Net assets or fund balances | $272,599 |