Germania Farmer Verein
- Assets
- $234.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Spring Branch, TX
- Founding
- 12/1940
- Data as of
- 12/2021
- EIN
- 74-6059871
Organization Overview
Germania Farmer Verein is located in Spring Branch, TX. The organization was established in 1940. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Germania Farmer Verein is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Germania Farmer Verein generated $67.0k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $61.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.7%) per year over the past 6 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
2021
Describe the Organization's Program Activity:
Part 3
PROVIDE VARIOUS BENEFITS TO MEMBERS' FAMILIES UPON DEATHS AND MAINTAIN BUILDING AND GROUNDS FOR MEMBERS USE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bill Wetz President | 2 | $0 | |
Hampton Pratka Vice Preside | 2 | $0 | |
Doug Klabunde Secretary | 0.5 | $0 | |
James Schmidt Director | 0.5 | $0 | |
Art Brinkkoeter Director | 0.5 | $0 | |
David Davenport Treasurer | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $7,457 |
| Investment income | $70 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $17,431 |
| Other Revenue | $42,091 |
| Total Revenue | $67,049 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $4,400 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,994 |
| Occupancy, rent, utilities, and maintenance | $21,607 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $33,170 |
| Total expenses | $61,171 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $91,765 |
| Other assets | $0 |
| Total assets | $234,182 |
| Total liabilities | $16,000 |
| Net assets or fund balances | $218,182 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Germania Farmer Verein has recieved totaling $2,000.
| Awarding Organization | Amount |
|---|---|
Organization Name not Listed PURPOSE: CHARITABLE | | $1,000 |
Organization Name not Listed PURPOSE: CHARITABLE | | $1,000 |
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