Farm Bureau Federation Mississippi
- Assets
- $342.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Indianola, MS
- Founding
- 03/1960
- Data as of
- 09/2024
- EIN
- 64-0354482
Organization Overview
Farm Bureau Federation Mississippi is located in Indianola, 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 09/2024, Farm Bureau Federation Mississippi generated $155.5k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $147.7k during the year ending 09/2024. While expenses have increased by 3.3% per year over the past 5 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
2024
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 |
|---|---|---|---|
Brandon Hanks Director | 2 | $0 | |
Cody Britt Director | 2 | $0 | |
Davis Ables Director | 2 | $0 | |
Jeremy Brown Director | 2 | $0 | |
Jimmy Chandler Director | 2 | $0 | |
Sarah Clark Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $106,170 |
| Membership dues | $46,716 |
| Investment income | $2,661 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $155,547 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $64 |
| Salaries, other compensation, and employee benefits | $78,855 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $39,565 |
| Printing, publications, postage, and shipping | $538 |
| Other expenses | $12,344 |
| Total expenses | $147,689 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $37,307 |
| Other assets | $0 |
| Total assets | $342,928 |
| Total liabilities | $145,748 |
| Net assets or fund balances | $197,180 |