Indiana Farm Bureau
- Assets
- $424.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 6
- Location
- Evansville, IN
- Founding
- 10/1946
- Data as of
- 11/2023
- EIN
- 35-0837702
Organization Overview
Indiana Farm Bureau is located in Evansville, 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 11/2023, Indiana Farm Bureau employed 6 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 11/2023, Indiana Farm Bureau generated $48.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $53.4k during the year ending 11/2023. While expenses have increased by 3.1% per year over the past 8 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.
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
WE SPONSOR A WEEKLY FARMERS MARKET WHERE LOCAL FARMERS SELL THEIR PRODUCTS DIRECTLY TO CONSUMERS IN ORDER TO PROMOTE LOCAL AGRICULTURE. WE ALSO HAVE A BOOTH TO EDUCATE ATTENDEES ABOUT FARM BUREAU FARMING. 40 VOLUNTEERS HELPED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jack Brown Director | 1 | $135 | |
Harold Dillworth Director | 1 | $15 | |
Kimberly Gries Director | 1 | $120 | |
James Kaiser Director | 1 | $0 | |
Eldon Maasberg Director | 1 | $165 | |
Larry Mesker Director | 1 | $120 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $250 |
| Total Program Service Revenue | $110 |
| Membership dues | $42,005 |
| Investment income | $4,192 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,880 |
| Total Revenue | $48,437 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $5,349 |
| Professional fees and other payments to independent contractors | $3,409 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,492 |
| Other expenses | $35,513 |
| Total expenses | $53,440 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $424,328 |
| Other assets | $0 |
| Total assets | $424,328 |
| Total liabilities | $0 |
| Net assets or fund balances | $424,328 |