Willacy County Farm Bureau
- Assets
- $122.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Raymondville, TX
- Founding
- 06/1961
- Data as of
- 10/2023
- EIN
- 74-1252211
Organization Overview
Willacy County Farm Bureau is located in Raymondville, TX. The organization was established in 1961. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Willacy 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 10/2023, Willacy County Farm Bureau generated $64.7k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $52.0k during the year ending 10/2023. As we would expect to see with falling revenues, expenses have declined by (5.6%) per year over the past 4 years. 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 |
|---|---|---|---|
Chad Busse President | 5 | $0 | |
Hunter Wilde Vice President | 5 | $0 | |
Jerry Chappell Sec/treas | 3 | $0 | |
Matt Klostermann Director | 2 | $0 | |
Freddy Nieto Director | 2 | $0 | |
Terry Galle Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,590 |
| Total Program Service Revenue | $0 |
| Membership dues | $26,215 |
| Investment income | $4,057 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $21,861 |
| Total Revenue | $64,723 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $14,878 |
| Professional fees and other payments to independent contractors | $600 |
| Occupancy, rent, utilities, and maintenance | $15,927 |
| Printing, publications, postage, and shipping | $108 |
| Other expenses | $15,245 |
| Total expenses | $52,048 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $44,045 |
| Other assets | $0 |
| Total assets | $122,455 |
| Total liabilities | $31,519 |
| Net assets or fund balances | $90,936 |