Upshur County Farm Bureau
- Assets
- $387.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 4
- Location
- Gilmer, TX
- Founding
- 06/1965
- Data as of
- 10/2023
- EIN
- 74-2011911
Organization Overview
Upshur County Farm Bureau is located in Gilmer, TX. The organization was established in 1965. 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 10/2023, Upshur County Farm Bureau employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Upshur 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, Upshur County Farm Bureau generated $174.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (4.7%) each year. All expenses for the organization totaled $125.5k during the year ending 10/2023. As we would expect to see with falling revenues, expenses have declined by (8.0%) per year over the past 4 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
2023
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
YOUTH LIVESTOCK SHOW 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.
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.
NATIONAL AFFAIRS MEETINGS COUNTY FARM BUREAU DIRECTORS ATTENDED MEETINGS WITH NATIONAL LEGISLATORS AS WELL AS STATE LEGISLATORS TO EXPLAIN HOW LAWS AND REGULATIONS IMPACT AGRICULTURE AND RURAL AREAS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Travis Senn President | 2 | $0 | |
Mary Gipson Vice President | 1 | $0 | |
Alan Senn Sec Treas | 3 | $0 | |
Cody Darby Director | 3 | $0 | |
William Robertson Director | 1 | $0 | |
Jimmy Shipp Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $101,160 |
| Investment income | $29,952 |
| Gain or Loss | -$195 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $33,537 |
| Total Revenue | $174,454 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $21,180 |
| Professional fees and other payments to independent contractors | $1,140 |
| Occupancy, rent, utilities, and maintenance | $18,765 |
| Printing, publications, postage, and shipping | $803 |
| Other expenses | $66,068 |
| Total expenses | $125,514 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $308,463 |
| Other assets | $0 |
| Total assets | $387,771 |
| Total liabilities | $1,533 |
| Net assets or fund balances | $386,238 |