Illinois Society Of Professional Farm Managers & Rural Appraisers is located in Urbana, IL. The organization was established in 1997. According to its NTEE Classification (K03) the organization is classified as: Professional Societies & Associations, 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. Illinois Society Of Professional Farm Managers & Rural Appraisers is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 09/2023, Illinois Society Of Professional Farm Managers & Rural Appraisers generated $163.5k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $156.7k during the year ending 09/2023. While expenses have increased by 1.6% 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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Russ Hiatt President | 4 | $0 | |
Elizabeth Strom President Elect | 3 | $0 | |
Michael Lauher Vice President | 2 | $0 | |
Maria Boerngen Academic Vice President | 2 | $0 | |
Gary Schnitkey Secretary-Treasurer | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $36,414 |
| Total Program Service Revenue | $111,306 |
| Membership dues | $900 |
| Investment income | $14,864 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $163,484 |
| 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 | $31,753 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $42,602 |
| Other expenses | $82,300 |
| Total expenses | $156,655 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $149,589 |
| Other assets | $0 |
| Total assets | $149,589 |
| Total liabilities | $0 |
| Net assets or fund balances | $149,589 |