Richland County Farm Bureau Inc is located in Mansfield, OH. The organization was established in 1931. 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. Richland 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 05/2024, Richland County Farm Bureau Inc generated $96.2k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $95.8k during the year ending 05/2024. As we would expect to see with falling revenues, expenses have declined by (2.7%) per year over the past 9 years. 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, 837 MEMBERS SERVED.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Abra Dunn Organization Director | 10 | $0 | |
| Dale Hulit President | 1 | $111 | |
| Tim Johnson Vice President | 1 | $125 | |
| Kelly Staley Secretary | 1 | $134 | |
| Loren Hulit Treasurer | 1 | $124 | |
| Brian Alt Trustee | 1 | $140 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 | 
| Total Program Service Revenue | $0 | 
| Membership dues | $68,745 | 
| Investment income | $6,045 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $0 | 
| Other Revenue | $21,386 | 
| Total Revenue | $96,176 | 
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 | 
| Benefits paid to or for members | $56,126 | 
| Salaries, other compensation, and employee benefits | $16,397 | 
| Professional fees and other payments to independent contractors | $86 | 
| Occupancy, rent, utilities, and maintenance | $4,925 | 
| Printing, publications, postage, and shipping | $6,329 | 
| Other expenses | $11,981 | 
| Total expenses | $95,844 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $94,701 | 
| Other assets | $0 | 
| Total assets | $103,330 | 
| Total liabilities | $292 | 
| Net assets or fund balances | $103,038 |