Farm Bureau Federation Mississippi
- Assets
- $160.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lexington, MS
- Founding
- 04/1963
- Data as of
- 10/2022
- EIN
- 64-0344594
Organization Overview
Farm Bureau Federation Mississippi is located in Lexington, MS. The organization was established in 1963. 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 10/2022, Farm Bureau Federation Mississippi generated $107.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $86.3k during the year ending 10/2022. As we would expect to see with falling revenues, expenses have declined by (3.8%) per year over the past 7 years. 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
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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George Wynn Director | 2 | $0 | |
Betsy Padgett Director | 2 | $0 | |
Bryan Killebrew Director | 2 | $0 | |
James Murtagh Jr Director | 2 | $0 | |
Larry Killebrew Director | 2 | $0 | |
Nancy Spell Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $33,618 |
| Investment income | $16,660 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $56,978 |
| Total Revenue | $107,256 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $32,647 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $17,002 |
| Printing, publications, postage, and shipping | $294 |
| Other expenses | $24,016 |
| Total expenses | $86,270 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $119,192 |
| Other assets | $0 |
| Total assets | $160,486 |
| Total liabilities | $406 |
| Net assets or fund balances | $160,080 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alabama Crop Improvement Association Inc Headland, AL | $6,364,411 | $3,074,944 |
Knox County Farm Bureau Knoxville, TN | $1,372,068 | $906,855 |
Gap Connections Inc Knoxville, TN | $584,958 | $913,467 |
Rutherford County Farm Bureau Murfreesboro, TN | $819,491 | $805,370 |
Davidson County Farm Bureau Nashville, TN | $1,712,870 | $862,870 |
Blount County Farm Bureau Maryville, TN | $1,254,814 | $713,407 |
Shelby County Farm Bureau Memphis, TN | $643,471 | $678,632 |
Sullivan Farm Bureau Blountville, TN | $1,250,644 | $605,855 |
Williamson Farm Bureau Franklin, TN | $1,863,310 | $641,408 |
Hamilton County Farm Bureau Ooltewah, TN | $901,182 | $553,888 |
Washington County Farm Bureau Jonesborough, TN | $714,351 | $532,276 |
Maury County Farm Bureau Columbia, TN | $1,698,159 | $604,224 |