Farm-City Hub Club Inc
- Assets
- $55.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New Ulm, MN
- Founding
- 03/1984
- Data as of
- 12/2023
- EIN
- 36-3255871
Organization Overview
Farm-City Hub Club Inc is located in New Ulm, MN. The organization was established in 1984. According to its NTEE Classification (N52) the organization is classified as: Fairs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Farm-City Hub Club Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Farm-City Hub Club Inc generated $23.0k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $22.2k during the year ending 12/2023. 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 Program Activity:
Part 3
PROMOTE POSITIVE RELATIONSHIPS BETWEEN AGRICULTURE AND BUSINESS COMMUNITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marie Guggisberg President | 1 | $0 | |
Jason Schroeder 1st Vice President | 1 | $0 | |
Ken Reckard 2nd Vice President | 1 | $0 | |
Ruth Klossner Secretary | 1 | $0 | |
Shannon Hillesheim Treasurer | 1 | $0 | |
Kelsey Brandt Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $600 |
| Total Program Service Revenue | $0 |
| Membership dues | $2,525 |
| Investment income | $298 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $19,604 |
| Other Revenue | $0 |
| Total Revenue | $23,027 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $683 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $4,196 |
| Other expenses | $6,964 |
| Total expenses | $22,193 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $55,085 |
| Other assets | $0 |
| Total assets | $55,135 |
| Total liabilities | $4,451 |
| Net assets or fund balances | $50,684 |