Oklahoma Farm Bureau is located in Perry, 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 $52.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (7.7%) each year. All expenses for the organization totaled $44.9k during the year ending 08/2024. As we would expect to see with falling revenues, expenses have declined by (14.3%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John Pfeiffer President | 1 | $0 | |
Mike Gorrell Vice President | 1 | $0 | |
Paul Fruendt Secretary Treasurer | 1 | $0 | |
Tim Bartram Director | 1 | $0 | |
Wheeler Coburn Director | 1 | $0 | |
James Freudenberger Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $40 |
Total Program Service Revenue | $0 |
Membership dues | $18,640 |
Investment income | $1,314 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $32,018 |
Total Revenue | $52,012 |
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 | $25,006 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $19,692 |
Total expenses | $44,938 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $70,486 |
Other assets | $0 |
Total assets | $112,915 |
Total liabilities | $26,690 |
Net assets or fund balances | $86,225 |