Rural Improvement Society

Organization Overview

Rural Improvement Society is located in Sycamore, IL. The organization was established in 1937. According to its NTEE Classification (S11) the organization is classified as: Single Organization Support, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rural Improvement Society is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.

For the year ending 12/2021, Rural Improvement Society generated $2.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $917.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO IMPROVE THE ECONOMIC WELL-BEING OF AGRICULTURE AND ENRICH THE QUALITY OF FARM FAMILY LIFE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

INVESTMENT INCOME - TO MAINTAIN AN INVESTMENT PORTFOLIO PROVIDING INCOME TO DEKALB COUNTY FARM BUREAU TO SUPPORT ITS OPERATION.


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Board, Officers & Key Employees

Name (title)Compensation
Steve Drendel
Treasurer
$0
Roy Plote
Secretary
$0
Steve Bemis
President
$0
Berkely Boehne
Vice President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $569,581
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,579,171
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,148,752

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