Indiana Farm Bureau
- Assets
- $139.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lafayette, IN
- Founding
- 10/1946
- Data as of
- 08/2023
- EIN
- 35-0891506
Organization Overview
Indiana Farm Bureau is located in Lafayette, 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. 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 08/2023, Indiana Farm Bureau generated $36.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $20.4k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (7.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Zachariah Beasley Director | 1 | $0 | |
Bonnie Best Director | 1 | $0 | |
Charles Best Director | 1 | $0 | |
Bryan Brant Director | 1 | $0 | |
Jason Buck Director | 1 | $0 | |
Dave Byers Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $33,430 |
| Investment income | $565 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,283 |
| Total Revenue | $36,278 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $2,780 |
| Professional fees and other payments to independent contractors | $2,580 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,283 |
| Other expenses | $7,942 |
| Total expenses | $20,446 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $139,804 |
| Other assets | $0 |
| Total assets | $139,804 |
| Total liabilities | $0 |
| Net assets or fund balances | $139,804 |