Oklahoma Farm Bureau is located in Arnett, 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 $28.1k 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 (5.9%) each year. All expenses for the organization totaled $20.6k during the year ending 08/2024. As we would expect to see with falling revenues, expenses have declined by (13.6%) 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 |
---|---|---|---|
Dix Roper Director | 1 | $0 | |
Ted Thimling Vice President | 1 | $0 | |
Dennie Jenkins Secretary Treasurer | 1 | $0 | |
Clint Williams Director | 1 | $0 | |
Bill Peetoom President | 1 | $0 | |
Kent Miller Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $13,434 |
Investment income | $209 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $14,443 |
Total Revenue | $28,086 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $240 |
Professional fees and other payments to independent contractors | $9,182 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $11,191 |
Total expenses | $20,613 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $15,565 |
Other assets | $0 |
Total assets | $29,563 |
Total liabilities | $26,146 |
Net assets or fund balances | $3,417 |