Sherman County Farm Bureau Association is located in Goodland, KS. The organization was established in 1953. 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. Sherman County Farm Bureau Association is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 06/2023, Sherman County Farm Bureau Association generated $26.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (35.6%) each year. All expenses for the organization totaled $31.9k during the year ending 06/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
ALL ACTIVITES OFFERED TO EDUCATE AND/OR IMPROVE QULITY OF LIFE FOR MEMBERS. PROGRAMS OFERED TO ALL MEMBERS INCLUDE HEALTH, SAFETY, CITIZENSHIP AND MARKETING.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Seth Ackerman President | 0 | $0 | |
Michael Leonard Secretary | 0 | $0 | |
Greg Sederstrom Board Member | 0 | $0 | |
Amy Sederstrom Board Member | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,964 |
| Total Program Service Revenue | $0 |
| Membership dues | $14,090 |
| Investment income | $4,361 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $500 |
| Total Revenue | $26,915 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $12,574 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $3,757 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $13,257 |
| Total expenses | $31,888 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $89,401 |
| Other assets | $0 |
| Total assets | $175,249 |
| Total liabilities | $0 |
| Net assets or fund balances | $175,249 |