Farmers Educational & Cooperative Union Of America
- Assets
- $31.2m
- Revenue
- $5.3m
- Investments
- $5.5m
- Employees
- 25
- Location
- Washington, DC
- Founding
- 03/1966
- Data as of
- 12/2022
- EIN
- 84-0200555
Organization Overview
Farmers Educational & Cooperative Union Of America, operating under the name National Farmers Union, is located in Washington, DC. The organization was established in 1966. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 12/2022, National Farmers Union employed 25 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. National Farmers Union 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, National Farmers Union generated $5.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $4.4m during the year ending 12/2022. While expenses have increased by 1.8% per year over the past 8 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.
Since 2015, National Farmers Union has awarded 29 individual grants totaling $994,114. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROTECT & ENHANCE THE ECONOMIC WELL-BEING & QUALITY OF LIFE FOR FAMILY FARMERS AND RANCHERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GOVERNMENT RELATIONS: THE NATIONAL FARMERS UNION (NFU) GOVERNMENT RELATIONS TEAM SERVES AS THEIR MEMBER'S DIRECT LINK TO CONGRESS, THE U.S. DEPARTMENT OF AGRICULTURE, AND OTHER KEY ADMINISTRATION AGENCIES. THE TEAM ADVOCATES POLICY POSITIONS, PROMOTES LEGISLATION, RESPONDS TO PROPOSED RULES AND REGULATIONS THROUGH MEETINGS, LETTERS, ISSUE BRIEFINGS AND OTHER MEANS.
MEMBER SERVICES: NATIONAL FARMERS UNION GREW BY MORE THAN 7,000 MEMBERS IN 2022, TOTALING OVER 220,000 MEMBERS. THIRTEEN STATES SAW YEAR-OVER-YEAR GROWTH INCLUDING NEARLY 41% GROWTH IN MISSOURI, AND AN OVER 9,000 MEMBER INCREASE IN NORTH DAKOTA. 2022 WAS NFU'S FIFTH CONSECUTIVE YEAR GROWING BY MORE THAN 4,000 MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Larew President | OfficerTrustee | 38 | $356,622 |
Jeffery Kippley Vice President (from 3/22) | OfficerTrustee | 28 | $37,625 |
Patty Edelburg Vice President (until 3/22) | OfficerTrustee | 29 | $10,056 |
Darin Von Ruden Secretary | OfficerTrustee | 2 | $0 |
Doug Sombke Treasurer | OfficerTrustee | 2 | $0 |
Aaron Lehman Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,096,735 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,096,735 |
| Total Program Service Revenue | $2,135,199 |
| Investment income | $1,199,469 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $837,650 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,269,053 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $95,758 |
| 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. | $776,987 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $750,798 |
| Pension plan accruals and contributions | $42,804 |
| Other employee benefits | $105,558 |
| Payroll taxes | $100,756 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,766 |
| Fees for services: Accounting | $50,788 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $100,208 |
| Fees for services: Other | $446,891 |
| Advertising and promotion | $98,333 |
| Office expenses | $150,286 |
| Information technology | $102,888 |
| Royalties | $0 |
| Occupancy | $286,709 |
| Travel | $329,629 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $410,859 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,641 |
| Insurance | $26,833 |
| All other expenses | $1,007 |
| Total functional expenses | $4,390,140 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $498,397 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $435,296 |
| Accounts receivable, net | $742,934 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $295,769 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $174,891 |
| Net Land, buildings, and equipment | $25,162 |
| Investments—publicly traded securities | $20,453,765 |
| Investments—other securities | $5,472,108 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,143,447 |
| Total assets | $31,241,769 |
| Accounts payable and accrued expenses | $466,366 |
| Grants payable | $0 |
| Deferred revenue | $8,428 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $388,490 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,800,052 |
| Total liabilities | $3,663,336 |
| Net assets without donor restrictions | $27,199,149 |
| Net assets with donor restrictions | $379,284 |
| 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 | $31,241,769 |
Grants Awarded
Over the last fiscal year, Farmers Educational & Cooperative Union Of America has awarded $51,737 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
IOWA FARMERS UNION PURPOSE: SMALL STATES ASSISTANCE PROGRAM | $14,122 |
HAWAII FARMERS UNION UNITED PURPOSE: SMALL STATES ASSISTANCE PROGRAM | $5,677 |
ALASKA FARMERS UNION PURPOSE: SMALL STATES ASSISTANCE PROGRAM | $5,826 |
PENNSYLVANIA FARMERS UNION PURPOSE: SMALL STATES ASSISTANCE PROGRAM | $11,418 |
MISSOURI FARMERS UNION PURPOSE: SMALL STATES ASSISTANCE PROGRAM | $14,694 |