Collingsworth County Farm Bureau
- Assets
- $499.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wellington, TX
- Founding
- 10/1952
- Data as of
- 12/2022
- EIN
- 75-0940701
Organization Overview
Collingsworth County Farm Bureau is located in Wellington, TX. The organization was established in 1952. 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. Collingsworth 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 12/2022, Collingsworth County Farm Bureau generated $140.5k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $88.6k during the year ending 12/2022. While expenses have increased by 4.8% 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 |
|---|---|---|---|
Robert Watts President | 8 | $0 | |
Toby Tarver Vice President | 5 | $0 | |
Mark Fourmentin Sec Treas | 5 | $0 | |
Jeffery Camp Director | 5 | $0 | |
Brad Bawcom Director | 5 | $0 | |
Mike Williams Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $20,440 |
| Investment income | $3,625 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $116,468 |
| Total Revenue | $140,533 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $37,259 |
| Professional fees and other payments to independent contractors | $600 |
| Occupancy, rent, utilities, and maintenance | $13,136 |
| Printing, publications, postage, and shipping | $606 |
| Other expenses | $29,578 |
| Total expenses | $88,629 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $433,425 |
| Other assets | $0 |
| Total assets | $499,776 |
| Total liabilities | $799 |
| Net assets or fund balances | $498,977 |