New Jersey Farm Bureau

Organization Overview

New Jersey Farm Bureau is located in Trenton, NJ. The organization was established in 1942. 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 10/2020, New Jersey Farm Bureau employed 19 individuals. This organization is an itermediate organization (such as a geographic headquarters) for a national or regional group of organizations. New Jersey 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 10/2020, New Jersey Farm Bureau generated $1.7m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $2.1m during the year ending 10/2020. As we would expect to see with falling revenues, expenses have declined by (3.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

PROTECTING AND ADVANCING THE INTERESTS OF FARM PEOPLE THROUGH THE DEVELOPMENT AND IMPLEMENTATION OF SOUND POLICICES ON PUBLIC ISSUES RELATED TO AGRICULTURE

Describe the Organization's Program Activity:

Part 3 - Line 4a

SERVICES PROVIDED TO GENERAL MEMBERSHIP FOR THE PURPOSE OF PROTECTION & ADVANCING THE INTERESTS OF FARM PEOPLE THROUGH THE DEVELOPMENT & IMPLEMENTATION OF SOUND POLICIES ON PUBLIC ISSUES RELATED TO AGRICULTURE.


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Board, Officers & Key Employees

Name (title)Compensation
Peter Furey
Executive Director
$126,330
Ryck Suydam
President
$76,627
Allen Carter Jr
1st Vice President
$10,000
Jim Etsch
Treasurer
$10,000
Steven Jany
2nd Vice President
$7,500
Roger Kumpel
Director
$0

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$0
Investment income $505,550
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $55,450
Net Gain/Loss on Asset Sales $231,331
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,660,862

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