Oklahoma Farm Bureau is located in Wagoner, 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 08/2022, Oklahoma Farm Bureau generated $67.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.9%) each year. All expenses for the organization totaled $71.0k during the year ending 08/2022. As we would expect to see with falling revenues, expenses have declined by (6.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Wade Rousselot President | 1 | $0 | |
Calvin Keel Vice President | 1 | $0 | |
Kent Livesay Secretary | 1 | $0 | |
Charotte Smith Treasurer | 1 | $0 | |
Jw Edwards Director | 1 | $0 | |
David Hogan Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $130 |
Total Program Service Revenue | $0 |
Membership dues | $14,998 |
Investment income | $508 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $52,126 |
Total Revenue | $67,762 |
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 | $300 |
Occupancy, rent, utilities, and maintenance | $40,428 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $30,224 |
Total expenses | $70,952 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $63,798 |
Other assets | $0 |
Total assets | $253,176 |
Total liabilities | $73,124 |
Net assets or fund balances | $180,052 |
Organization Name | Assets | Revenue |
---|---|---|
Livestock Marketing Association Overland Park, KS | $41,945,453 | $11,175,778 |
Valley Ranch Master Association Inc Irving, TX | $4,102,300 | $4,014,751 |
American Society Of Farm Managers & Rural Appraisers Glendale, CO | $4,224,649 | $2,977,415 |
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 |
Texas Pecan Growers Association Bryan, TX | $1,127,753 | $974,234 |
Fort Bend County Farm Bureau Rosenberg, TX | $841,412 | $932,063 |
Jefferson County Farm Bureau Beaumont, TX | $1,487,486 | $1,150,540 |
Harris County Farm Bureau Houston, TX | $2,894,437 | $818,882 |