Washington County Farm Bureau Cooperative
- Assets
- $167.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Madison, WI
- Founding
- 05/1945
- Data as of
- 08/2023
- EIN
- 39-1088612
Organization Overview
Washington County Farm Bureau Cooperative is located in Madison, WI. The organization was established in 1945. 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. Washington County Farm Bureau Cooperative 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, Washington County Farm Bureau Cooperative generated $49.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.1%) each year. All expenses for the organization totaled $41.7k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (6.3%) per year over the past 8 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 |
|---|---|---|---|
Ken Falk Vice Preside | 8 | $105 | |
Peter Muth Treasurer, S | 5 | $175 | |
Mark Schaefer Yfa Chair | 3 | $48 | |
Randall Thull Promo, Educ | 3 | $90 | |
Tyler Hetebrueg Director | 3 | $72 | |
Mike Kannenberg President | 10 | $72 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $165 |
| Total Program Service Revenue | $0 |
| Membership dues | $8,321 |
| Investment income | $20,269 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $21,071 |
| Other Revenue | $0 |
| Total Revenue | $49,826 |
| 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 | $1,250 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $34,448 |
| Total expenses | $41,689 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $136,881 |
| Other assets | $0 |
| Total assets | $167,716 |
| Total liabilities | $1,986 |
| Net assets or fund balances | $165,730 |