Montana Farm Bureau Federation
- Assets
- $2.4m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 11
- Location
- Bozeman, MT
- Founding
- 08/1989
- Data as of
- 09/2021
- EIN
- 81-0246740
Organization Overview
Montana Farm Bureau Federation is located in Bozeman, MT. The organization was established in 1989. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 09/2021, Montana Farm Bureau Federation employed 11 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Montana Farm Bureau Federation is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 09/2021, Montana Farm Bureau Federation generated $2.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $2.1m during the year ending 09/2021. While expenses have increased by 1.1% per year over the past 6 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
MONTANA FARM BUREAU IS A GRASSROOTS ORGANIZATION DEDICATED TO PRESERVING AND IMPROVING THE AGRICULTURE AND NATURAL RESOURCE INDUSTRIES THROUGH MEMBER INVOLVEMENT IN EDUCATION, POLITICAL ACTIVITIES, PROGRAMS AND SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE INFORMATION AND EDUCATION ON ISSUES AND PRACTICES AFFECTING THE AGRICULTURE INDUSTRY TO APPROXIMATELY 20,300 MEMBERS THROUGHOUT THE STATE OF MONTANA.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Youngberg Exec Vice President | Officer | 40 | $138,428 |
Diana Bailey Exec Secretary/cfo | Officer | 40 | $109,581 |
Craig Blevins Director | OfficerTrustee | 1 | $0 |
Cyndi Johnson Vice President | OfficerTrustee | 5 | $0 |
Hans Mcpherson President | OfficerTrustee | 5 | $0 |
Wes Jensen Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $923,077 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $85,115 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,008,192 |
| Total Program Service Revenue | $87,304 |
| Investment income | $29,654 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $1,107,115 |
| Net Rental Income | -$8,295 |
| Net Gain/Loss on Asset Sales | $383,576 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,645,568 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $274,942 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $418,884 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $265,545 |
| Payroll taxes | $67,581 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,273 |
| Fees for services: Accounting | $30,915 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $40,343 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $85,946 |
| Travel | $89,898 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $74,560 |
| Interest | $1,243 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $45,844 |
| Insurance | $4,531 |
| All other expenses | $165,688 |
| Total functional expenses | $2,116,756 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $608,232 |
| Savings and temporary cash investments | $917,547 |
| Pledges and grants receivable | $23,775 |
| Accounts receivable, net | $22,115 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $21,708 |
| Prepaid expenses and deferred charges | $13,355 |
| Net Land, buildings, and equipment | $138,297 |
| Investments—publicly traded securities | $700,156 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $1,460 |
| Other assets | $0 |
| Total assets | $2,446,645 |
| Accounts payable and accrued expenses | $160,740 |
| Grants payable | $0 |
| Deferred revenue | $388,745 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $34,605 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,626 |
| Total liabilities | $586,716 |
| Net assets without donor restrictions | $1,850,687 |
| Net assets with donor restrictions | $9,242 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,446,645 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Idaho Farm Bureau Federation Inc Pocatello, ID | $16,974,633 | $6,412,454 |
Intertribal Agriculture Council Inc Billings, MT | $5,876,337 | $3,661,085 |
South Dakota Beef Industry Council Inc Pierre, SD | $1,193,198 | $4,031,431 |
North Dakota Farm Bureau Fargo, ND | $8,633,559 | $2,542,029 |
National Sunflower Association Mandan, ND | $2,977,784 | $2,123,598 |
Montana Farm Bureau Federation Bozeman, MT | $2,446,645 | $2,645,568 |
Red River Valley Sugarbeet Growers Association Inc Fargo, ND | $1,202,125 | $2,094,882 |
Northarvest Bean Growers Association Fargo, ND | $1,408,022 | $1,674,188 |
Garden City Harvest Inc Missoula, MT | $3,615,760 | $1,320,211 |
Northern Pulse Growers Association Inc Bismarck, ND | $1,525,022 | $974,438 |
Wyoming Agriculture In The Classroom Cheyenne, WY | $6,276,890 | $2,132,719 |
North Dakota Winter Show Inc Valley City, ND | $1,521,357 | $871,613 |