Chicot County Farm Bureau
- Assets
- $176.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lake Village, AR
- Founding
- 01/1964
- Data as of
- 10/2021
- EIN
- 71-0259622
Organization Overview
Chicot County Farm Bureau is located in Lake Village, AR. The organization was established in 1964. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Chicot County Farm Bureau is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 10/2021, Chicot County Farm Bureau generated $152.2k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $132.0k during the year ending 10/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
COUNTY FARM BUREAU WORK IS GENERAL IN NATURE, HELPING FARM FAMILIES ACHIEVE EDUCATIONAL IMPROVEMENTS, ECONOMIC OPPORTUNITY, AND SOCIAL ADVANCEMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Gates President | 0.5 | $0 | |
Tad Keller Vice President | 0.5 | $0 | |
Bruce Baskett Member | 0.5 | $0 | |
William Chris Hatch Member | 0.5 | $0 | |
Mark Welty Member | 0.5 | $0 | |
Joe Mencer Member | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $28,543 |
| Investment income | $5,303 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $118,359 |
| Total Revenue | $152,205 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $93,003 |
| Professional fees and other payments to independent contractors | $600 |
| Occupancy, rent, utilities, and maintenance | $16,014 |
| Printing, publications, postage, and shipping | $2,359 |
| Other expenses | $19,798 |
| Total expenses | $132,025 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $69,624 |
| Other assets | $0 |
| Total assets | $176,669 |
| Total liabilities | $12,129 |
| Net assets or fund balances | $164,540 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Valley Ranch Master Association Inc Irving, TX | $4,102,300 | $4,014,751 |
Working Ranch Cowboys Association Amarillo, TX | $707,595 | $1,446,145 |
Collin County Farm Bureau Mckinney, TX | $1,723,250 | $1,357,234 |
National Assn Of Farm Broadcasters Platte City, MO | $5,376,583 | $1,403,716 |
Farm Equipment Manufacturers Association Saint Louis, MO | $4,847,175 | $923,223 |
Mclennan County Farm Bureau Waco, TX | $1,381,332 | $1,051,354 |
Knox County Farm Bureau Knoxville, TN | $1,372,068 | $906,855 |
Texas Pecan Growers Association Bryan, TX | $1,127,753 | $974,234 |
Fort Bend County Farm Bureau Rosenberg, TX | $841,412 | $932,063 |
Gap Connections Inc Knoxville, TN | $584,958 | $913,467 |
Rutherford County Farm Bureau Murfreesboro, TN | $819,491 | $805,370 |
Jefferson County Farm Bureau Beaumont, TX | $1,487,486 | $1,150,540 |