Oklahoma Farm Bureau
- Assets
- $369.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wilburton, OK
- Founding
- 01/1967
- Data as of
- 08/2024
- EIN
- 73-1071914
Organization Overview
Oklahoma Farm Bureau is located in Wilburton, OK. The organization was established in 1967. 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 $75.9k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $91.1k during the year ending 08/2024. While expenses have increased by 14.6% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joe Mcalester President | 1 | $0 | |
Latt Jeffrey Vice President | 1 | $0 | |
Jim Grego Director | 1 | $0 | |
Troy Walker Secretarytreasurer | 1 | $0 | |
Mike Guazdausky Director | 1 | $0 | |
Tony Johnson Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $15,546 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $60,321 |
| Total Revenue | $75,867 |
| 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 | $29,228 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $61,568 |
| Total expenses | $91,096 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $83,199 |
| Other assets | $0 |
| Total assets | $369,499 |
| Total liabilities | $256,769 |
| Net assets or fund balances | $112,730 |