Indiana Farm Bureau
- Assets
- $124.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 4
- Location
- Kokomo, IN
- Founding
- 10/1946
- Data as of
- 09/2022
- EIN
- 35-0397630
Organization Overview
Indiana Farm Bureau is located in Kokomo, IN. The organization was established in 1946. 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. As of 09/2022, Indiana Farm Bureau employed 4 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Indiana 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 09/2022, Indiana Farm Bureau generated $69.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (17.1%) each year. All expenses for the organization totaled $60.6k during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (18.8%) per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
REPRESENT THE FARMERS VOICE ON ISSUES RELATED TO AGRICULTURE, EDUCATE THE CONSUMER AND PROMOTE FARM PRODUCTS, KEEP MEMBERS ABREAST OF POLICIES AND NEW DEVELOPMENTS.
Describe the Organization's Program Activity:
Part 3
IN SUPPORT OF LOCAL 4-H PROGRAM, WE PURCHASE COMPLETION PINS FOR THE 4-H MEMBERS, SPONSOR THE ACHIEVEMENT DINNER TENURE AWARD, BUY LIVESTOCK AT THE FAIR AUCTION. 3 VOLUNTEERS HELPED WITH THESE ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Iris Eller Education And Outreach Coordinator And Director | 4 | $783 | |
Joshua Boxell President And Director | 5 | $675 | |
Kent Chism Vice President And Director | 3 | $450 | |
Sheryl Hartman Secretary/treasurer And Director | 4 | $450 | |
Carmen Carter Director | 1 | $0 | |
Elizabeth Boxell Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $18,989 |
| Investment income | $50,314 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $576 |
| Total Revenue | $69,879 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $3,261 |
| Professional fees and other payments to independent contractors | $1,337 |
| Occupancy, rent, utilities, and maintenance | $30,098 |
| Printing, publications, postage, and shipping | $1,299 |
| Other expenses | $21,705 |
| Total expenses | $60,562 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $112,900 |
| Other assets | $0 |
| Total assets | $124,566 |
| Total liabilities | $0 |
| Net assets or fund balances | $124,566 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kentucky Corn Growers Association Eastwood, KY | $10,650,965 | $3,755,391 |
Dekalb County Farm Bureau Sycamore, IL | $2,798,652 | $1,236,356 |
National Assn Of Farm Broadcasters Platte City, MO | $5,376,583 | $1,403,716 |
Fox Valley Cooperative Farm Management Association Appleton, WI | $1,517,902 | $1,296,929 |
Farm Equipment Manufacturers Association Saint Louis, MO | $4,847,175 | $923,223 |
Morgan County Agricultural Fair Association Jacksonville, IL | $905,083 | $1,324,759 |
Wisconsin Crop Improvement Association Agronomy Building Middleton, WI | $1,498,748 | $660,442 |
Missouri Corn Growers Association Jefferson City, MO | $1,688,934 | $807,916 |
Wisconsin State Cranbery Growers Association Wisconsin Rapids, WI | $202,268 | $675,448 |
Kane County Farm Bureau St Charles, IL | $5,091,621 | $899,004 |
Dupage County Farm Bureau Carol Stream, IL | $3,084,283 | $736,519 |
Will County Farm Bureau Joliet, IL | $1,420,268 | $601,887 |