Madison County Farm Bureau
- Assets
- $40.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Norfolk, NE
- Founding
- 07/1971
- EIN
- 47-0424475
Organization Overview
Madison County Farm Bureau is located in Norfolk, NE. The organization was established in 1971. 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. Madison County Farm Bureau is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending undefined, Madison County Farm Bureau generated $97.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $102.2k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (2.2%) per year over the past 7 years. 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
Describe the Organization's Program Activity:
Part 3
PROMOTE THE SOCIAL, ECONOMIC & EDUCATIONAL WELFARE OF FARMERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roger Acklie Vice Preside | 1 | $0 | |
Bruce Grant President | 1 | $0 | |
Ron Schmidt Secretary | 1 | $0 | |
Neal Acklie Treasurer | 1 | $0 | |
Kevin Mozer Board Member | 1 | $0 | |
Robert Murphy Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $18,029 |
| Investment income | $125 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $79,340 |
| Total Revenue | $97,494 |
| Statement of Expenses | |
|---|---|
| Total expenses | $102,190 |
| Balance Sheet | |
|---|---|
| Total assets | $40,780 |
| Total liabilities | $1,884 |
| Net assets or fund balances | $38,896 |