Miami County Farm Bureau Inc is located in Troy, OH. The organization was established in 1954. 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. Miami County Farm Bureau Inc is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 03/2024, Miami County Farm Bureau Inc generated $113.1k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $98.4k during the year ending 03/2024. 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
2024
Describe the Organization's Program Activity:
Part 3
PROMOTION OF FARMING BUSINESS NEEDS BY EDUCATIONAL AND OTHER MEANSAND TO AID IN THE BETTERMENT AND WELFARE OF THOSE IN FARMING, 786 MEMBERS SERVED.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kreig Smail President | 1 | $200 | |
Jenny Hodge Vice President | 1 | $175 | |
Craig Lichtenberg Secretary | 1 | $200 | |
Brent Raines Trustee | 1 | $125 | |
Bill Wilkins Trustee | 1 | $75 | |
Taylor Watkins Organization Director | 10 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $71,867 |
| Investment income | $7,208 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $34,016 |
| Total Revenue | $113,091 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $44,982 |
| Salaries, other compensation, and employee benefits | $11,124 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $3,241 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $39,084 |
| Total expenses | $98,431 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $208,447 |
| Other assets | $0 |
| Total assets | $216,802 |
| Total liabilities | $570 |
| Net assets or fund balances | $216,232 |