Yates Agricultural Society
- Assets
- $211.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Penn Yan, NY
- Founding
- 07/1945
- Data as of
- 11/2021
- EIN
- 16-6002859
Organization Overview
Yates Agricultural Society is located in Penn Yan, NY. The organization was established in 1945. 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. Yates Agricultural Society is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 11/2021, Yates Agricultural Society generated $18.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (25.9%) each year. All expenses for the organization totaled $42.6k during the year ending 11/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO PROMOTE AGRICULTURE IN YATES COUNTY THROUGH TRAINING AND EDUCATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Andersen President | 0 | $0 | |
Dale Lane Vice President | 0 | $0 | |
Bernyce Maltman Treasurer | 0 | $0 | |
Karen Mickelsen Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $200 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $18,339 |
| Total Revenue | $18,539 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $660 |
| Occupancy, rent, utilities, and maintenance | $16,299 |
| Printing, publications, postage, and shipping | $243 |
| Other expenses | $25,428 |
| Total expenses | $42,630 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $58,279 |
| Other assets | $0 |
| Total assets | $211,729 |
| Total liabilities | $0 |
| Net assets or fund balances | $211,729 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Young Farmers Coalition Hudson, NY | $5,615,134 | $7,809,830 |
Western New York Crop Management Association Cooperative Inc Warsaw, NY | $2,950,896 | $3,010,693 |
Adirondack North Country Association Inc Saranac Lake, NY | $462,447 | $1,437,257 |
Albany Schenectady Green County Agricultural & Historical Society Altamont, NY | $2,520,391 | $1,370,388 |
New York Corn And Soybean Growers Association Inc Silver Springs, NY | $557,476 | $1,195,521 |
Poughkeepsie Farm Project Poughkeepsie, NY | $881,222 | $1,235,646 |
Cobleskill Agricultural Society Cobleskill, NY | $938,679 | $955,201 |
Franklin County Agricultural Society Malone, NY | $1,121,552 | $1,234,895 |
Massachusetts Farm Bureau Federation Inc Marlborough, MA | $4,822,461 | $1,090,743 |
Codman Community Farms Inc Lincoln, MA | $3,498,724 | $1,249,610 |
Delaware Valley Agricultural Society Of Walton Walton, NY | $1,345,210 | $1,026,618 |
Franklin County Agricultural Society Inc Greenfield, MA | $1,210,540 | $1,106,267 |