Farm Bureau Federation Mississippi
- Assets
- $323.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hazlehurst, MS
- Founding
- 03/1960
- Data as of
- 10/2023
- EIN
- 64-0412680
Organization Overview
Farm Bureau Federation Mississippi is located in Hazlehurst, 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 $198.7k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $172.3k during the year ending 10/2023. While expenses have increased by 4.4% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ben Berch Director | 1 | $0 | |
Danny Lowery Director | 1 | $0 | |
Garrett Gaddy Young Farmer Chairman | 1 | $0 | |
Herbert Ramsey Director | 1 | $0 | |
Melissa Morgan Women's Chairman | 1 | $0 | |
Peter Mckinley Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $115,976 |
| Membership dues | $81,427 |
| Investment income | $1,273 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $198,676 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $2,194 |
| Salaries, other compensation, and employee benefits | $69,886 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $28,871 |
| Printing, publications, postage, and shipping | $614 |
| Other expenses | $39,574 |
| Total expenses | $172,321 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $49,282 |
| Other assets | $0 |
| Total assets | $322,965 |
| Total liabilities | $45,047 |
| Net assets or fund balances | $277,918 |