Lampasas County Farm Bureau
- Assets
- $256.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 3
- Location
- Lampasas, TX
- Founding
- 09/1951
- Data as of
- 12/2022
- EIN
- 74-1242013
Organization Overview
Lampasas County Farm Bureau is located in Lampasas, TX. The organization was established in 1951. 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. As of 12/2022, Lampasas County Farm Bureau employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lampasas County 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 12/2022, Lampasas County Farm Bureau generated $152.3k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $132.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.6%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO BETTER THE CONDITIONS AND EFFICIENCY OF AGRICULTURAL PRODUCERS AND PROMOTE A WHOLESOME AND DESIRABLE RURAL LIFE THROUGH EDUCATION, INFORMATION, AND OTHER SUCH PROGRAMS.
Describe the Organization's Program Activity:
Part 3
STATE MEETINGS VOLUNTEER DIRECTORS OF THE COUNTY FARM BUREAU ATTENDED MEETINGS SPONSORED BY TEXAS FARM BUREAU, INCLUDING ITS ANNUAL STATE CONVENTION. AT THESE MEETINGS, VARIOUS AGRICULTURAL ISSUES ARE DISCUSSED WITH SIMILAR LOCAL VOLUNTEERS FROM OTHER COUNTY FARM BUREAUS ACROSS THE STATE. AT THE TEXAS FARM BUREAU ANNUAL CONVENTION, LOCAL COUNTY FARM BUREAU LEADERS FROM ALL OVER TEXAS VOTED ON AGRICULTURAL ISSUES THAT THESE VOLUNTEERS WOULD LIKE TEXAS FARM BUREAU AND THE VOLUNTEERS TO PURSUE ON A STATEWIDE LEVEL IN THE UPCOMING YEAR.
YOUTH LIVESTOCK SHOW/FAIR CONTRIBUTED TO LOCAL YOUTH LIVESTOCK SHOW/FAIR. PURPOSES OF THE SHOW ARE TO PROMOTE RESPONSIBILITY, LEADERSHIP SKILLS AND INTEREST IN RAISING FARM ANIMALS FOR AREA YOUTH. THE COUNTY FARM BUREAU VOLUNTEERS AS WELL AS THE LOCAL 4-H CLUBS AND FFA CHAPTERS PARTICIPATE IN THIS IMPORTANT EVENT.
ANNUAL MEETING HELD AN ANNUAL MEETING IN WHICH ALL MEMBERS ARE INVITED. PURPOSE WAS TO DISCUSS RELATIVE LOCAL, STATEWIDE, AND NATIONAL AGRICULTURAL ISSUES, THE IMPORTANCE OF AGRICULTURE EDUCATION, THE BUSINESS OF THE ORGANIZATION AND CURRENT LEGISLATIVE ISSUES AS THEY RELATE TO AGRICULTURE. MEMBERS OF THE COUNTY FARM BUREAU, COUNTY FARM BUREAU STAFF, COUNTY FARM BUREAU VOLUNTARY LEADERS, TEXAS FARM BUREAU STAFF AND INVITED GUESTS PARTICIPATED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Hail President | 10 | $0 | |
Heston Mcbride Vice President | 1 | $0 | |
Donnis Self Sec Treas | 1 | $0 | |
Paul Cline Director | 1 | $0 | |
Patsy Stoneham Director | 1 | $0 | |
Stephen Ruzicka Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $21 |
| Total Program Service Revenue | $0 |
| Membership dues | $129,285 |
| Investment income | $21,080 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,946 |
| Total Revenue | $152,332 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $142 |
| Professional fees and other payments to independent contractors | $1,200 |
| Occupancy, rent, utilities, and maintenance | $24,769 |
| Printing, publications, postage, and shipping | $875 |
| Other expenses | $90,035 |
| Total expenses | $132,759 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $110,934 |
| Other assets | $0 |
| Total assets | $256,113 |
| Total liabilities | $3,534 |
| Net assets or fund balances | $252,579 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Valley Ranch Master Association Inc Irving, TX | $4,102,300 | $4,014,751 |
Working Ranch Cowboys Association Amarillo, TX | $707,595 | $1,446,145 |
Collin County Farm Bureau Mckinney, TX | $1,723,250 | $1,357,234 |
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 |
Brazoria-Galveston County Farm Bureau Angleton, TX | $2,080,896 | $694,316 |
Johnson County Farm Bureau Cleburne, TX | $1,378,732 | $699,606 |
Bexar County Farm Bureau San Antonio, TX | $962,946 | $647,460 |
Kaufman County Farm Bureau Kaufman, TX | $1,093,199 | $647,775 |