Farm Bureau Federation Mississippi
- Assets
- $87.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ackerman, MS
- Founding
- 03/1960
- Data as of
- 12/2023
- EIN
- 64-0583012
Organization Overview
Farm Bureau Federation Mississippi is located in Ackerman, 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 12/2023, Farm Bureau Federation Mississippi generated $101.0k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $93.4k during the year ending 12/2023. While expenses have increased by 0.6% 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
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 |
|---|---|---|---|
Ashley Odom Director | 1 | $0 | |
Ben Turnipseed Director | 1 | $0 | |
Chris Stevenson Director | 1 | $0 | |
Cole Odom Director | 1 | $0 | |
Frances Odom Director | 1 | $0 | |
George Maddox Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $60,141 |
| Membership dues | $40,811 |
| Investment income | $38 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $100,990 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $1,489 |
| Salaries, other compensation, and employee benefits | $57,594 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $6,849 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $12,235 |
| Total expenses | $93,388 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $38,128 |
| Other assets | $0 |
| Total assets | $86,982 |
| Total liabilities | $1,417 |
| Net assets or fund balances | $85,565 |