Indiana Farm Bureau
- Assets
- $130.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 4
- Location
- Kokomo, IN
- Founding
- 10/1946
- Data as of
- 09/2023
- 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 09/2023, 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 09/2023, Indiana Farm Bureau generated $67.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (15.5%) each year. All expenses for the organization totaled $61.5k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (16.5%) per year over the past 8 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
2023
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 |
|---|---|---|---|
Kerrigan Bartrum Director | 1 | $0 | |
Elizabeth Boxell Director | 1 | $0 | |
Howard Eller Director | 1 | $0 | |
Jerry Hartman Director | 1 | $0 | |
Jeremy Kelly Director | 1 | $0 | |
Cheryl Maple Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $150 |
| Total Program Service Revenue | $0 |
| Membership dues | $17,510 |
| Investment income | $49,242 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $600 |
| Total Revenue | $67,502 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $4,659 |
| Professional fees and other payments to independent contractors | $1,223 |
| Occupancy, rent, utilities, and maintenance | $28,397 |
| Printing, publications, postage, and shipping | $1,580 |
| Other expenses | $21,893 |
| Total expenses | $61,473 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $120,425 |
| Other assets | $0 |
| Total assets | $130,597 |
| Total liabilities | $0 |
| Net assets or fund balances | $130,597 |