Hansford County Farm Bureau Inc
- Assets
- $142.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Spearman, TX
- Founding
- 02/1951
- Data as of
- 10/2023
- EIN
- 75-0873892
Organization Overview
Hansford County Farm Bureau Inc is located in Spearman, 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hansford County Farm Bureau Inc 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, Hansford County Farm Bureau Inc generated $97.3k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $86.7k during the year ending 10/2023. As we would expect to see with falling revenues, expenses have declined by (1.3%) 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 |
|---|---|---|---|
James Connelly President | 2 | $0 | |
J P Tebeest Vice President | 1 | $0 | |
Mike Pearson Sec Treas | 1 | $0 | |
Dean Greene Director | 1 | $0 | |
Danny Womble Director | 1 | $0 | |
Aaron Boyd Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $33,345 |
| Investment income | $4,058 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $59,872 |
| Total Revenue | $97,275 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $41,389 |
| Professional fees and other payments to independent contractors | $600 |
| Occupancy, rent, utilities, and maintenance | $18,552 |
| Printing, publications, postage, and shipping | $517 |
| Other expenses | $22,599 |
| Total expenses | $86,657 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $68,373 |
| Other assets | $0 |
| Total assets | $142,677 |
| Total liabilities | $497 |
| Net assets or fund balances | $142,180 |