Huron County Farm Bureau Inc
- Assets
- $385.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bad Axe, MI
- Founding
- 11/1944
- Data as of
- 08/2022
- EIN
- 38-1379197
Organization Overview
Huron County Farm Bureau Inc is located in Bad Axe, MI. The organization was established in 1944. 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. Huron County Farm Bureau Inc is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 08/2022, Huron County Farm Bureau Inc generated $139.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $136.1k during the year ending 08/2022. While expenses have increased by 6.2% per year over the past 7 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura Lynch Secretarytreasurer | 40 | $71,473 | |
Jeremy Polega President | 2 | $687 | |
Jill Wildman Third Member | 1 | $467 | |
Rita Herford Promotion & Education Chair | 1 | $406 | |
Michael Eskau Director | 1 | $317 | |
Ashley Kennedy Vice President | 1 | $292 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $4,750 |
| Membership dues | $56,900 |
| Investment income | $17,111 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $60,981 |
| Total Revenue | $139,742 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $74,344 |
| Professional fees and other payments to independent contractors | $425 |
| Occupancy, rent, utilities, and maintenance | $7,572 |
| Printing, publications, postage, and shipping | $417 |
| Other expenses | $53,298 |
| Total expenses | $136,056 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $325,270 |
| Other assets | $0 |
| Total assets | $385,415 |
| Total liabilities | $36,096 |
| Net assets or fund balances | $349,319 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Huron County Farm Bureau Inc has recieved totaling $6,557.
| Awarding Organization | Amount |
|---|---|
Michigan Farm Bureau Lansing, MI PURPOSE: COUNTY GRANT PROGRAM | $6,557 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Allegan County Agricultural Society Allegan, MI | $6,554,669 | $2,889,339 |
Ohio Ecological Food And Farm Association Certification Columbus, OH | $723,448 | $1,998,099 |
Producers Livestock Credit Assoc Columbus, OH | $13,618,291 | $3,463,725 |
Shiawassee County Agricultural Society Fairgrounds Corunna, MI | $378,234 | $1,529,003 |
Ohio Corn & Wheat Growers Assoc Delaware, OH | $2,239,785 | $1,312,659 |
Fox Valley Cooperative Farm Management Association Appleton, WI | $1,517,902 | $1,296,929 |
Lapeer County Agricultural Society Imlay City, MI | $2,905,187 | $1,396,665 |
Saginaw County Agricultural Society Chesaning, MI | $2,433,080 | $855,880 |
Wisconsin Crop Improvement Association Agronomy Building Middleton, WI | $1,498,748 | $660,442 |
Grange Acres Non Profit Housing Corporation Lansing, MI | $4,437,126 | $588,851 |
Wisconsin State Cranbery Growers Association Wisconsin Rapids, WI | $202,268 | $675,448 |
Marathon County Agricultural Society Wausau, WI | $468,968 | $619,466 |