Montague County Farm Bureau
- Assets
- $461.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bowie, TX
- Founding
- 08/1955
- Data as of
- 10/2023
- EIN
- 75-0889031
Organization Overview
Montague County Farm Bureau is located in Bowie, TX. The organization was established in 1955. 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. Montague 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, Montague County Farm Bureau generated $193.7k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $187.8k during the year ending 10/2023. While expenses have increased by 5.9% per year over the past 4 years. They've been increasing with an increasing level of total revenue. 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 |
|---|---|---|---|
Dennis Mcbroom President | 2 | $0 | |
Danny Russell Vice President | 5 | $0 | |
Kim Haralson Secretary | 1 | $0 | |
Carolann Corado Treasurer | 3 | $0 | |
Logan Mccarty Director | 1 | $0 | |
Bryan Roth Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $91,890 |
| Investment income | $3,363 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $98,495 |
| Total Revenue | $193,748 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $64,074 |
| Professional fees and other payments to independent contractors | $960 |
| Occupancy, rent, utilities, and maintenance | $42,369 |
| Printing, publications, postage, and shipping | $1,508 |
| Other expenses | $67,791 |
| Total expenses | $187,762 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $36,698 |
| Other assets | $0 |
| Total assets | $461,082 |
| Total liabilities | $150,831 |
| Net assets or fund balances | $310,251 |