Monroe County Farm Bureau Foundation
- Assets
- $177.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Waterloo, IL
- Founding
- 09/1995
- Data as of
- 12/2023
- EIN
- 37-1345824
Organization Overview
Monroe County Farm Bureau Foundation is located in Waterloo, IL. The organization was established in 1995. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Monroe County Farm Bureau Foundation 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, Monroe County Farm Bureau Foundation generated $62.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (12.2%) each year. All expenses for the organization totaled $50.2k during the year ending 12/2023. 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 |
|---|---|---|---|
Haley Gregson Director | 1 | $0 | |
Amanda Marquardt Director | 1 | $0 | |
George Obernagel Director | 1 | $0 | |
Ginny Rusteberg Director | 1 | $0 | |
Karen Schrader President | 1 | $0 | |
Glen Mueller Vice-President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $39,867 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $19,604 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $3,151 |
| Other Revenue | $0 |
| Total Revenue | $62,622 |
| 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 | $945 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $6,647 |
| Total expenses | $50,165 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $177,569 |
| Other assets | $0 |
| Total assets | $177,569 |
| Total liabilities | $2,500 |
| Net assets or fund balances | $175,069 |