Oklahoma Farm Bureau is located in Woodward, OK. 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. Oklahoma 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 08/2024, Oklahoma Farm Bureau generated $100.8k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $55.2k during the year ending 08/2024. You can explore the organizations financials more deeply in the financial statements section below.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Eldon Merklin Director | 1 | $0 | |
Ronald Swigart Secretarytreasurer | 1 | $0 | |
Wesley Crain President | 1 | $0 | |
Mervin Compton Vice President | 1 | $0 | |
Justin Bay Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $100 |
Total Program Service Revenue | $0 |
Membership dues | $13,053 |
Investment income | $12,666 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $74,954 |
Total Revenue | $100,773 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $240 |
Occupancy, rent, utilities, and maintenance | $26,480 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $28,499 |
Total expenses | $55,219 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $408,804 |
Other assets | $0 |
Total assets | $430,802 |
Total liabilities | $11,207 |
Net assets or fund balances | $419,595 |