Chesterfield Farm Bureau Inc
- Assets
- $259.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chester, VA
- Founding
- 10/1968
- Data as of
- 12/2023
- EIN
- 54-0653419
Organization Overview
Chesterfield Farm Bureau Inc is located in Chester, VA. The organization was established in 1968. 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. Chesterfield 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 12/2023, Chesterfield Farm Bureau Inc generated $95.5k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $205.5k 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 |
|---|---|---|---|
Howard Nester President | 2.75 | $0 | |
John Allen Vice President | 0.31 | $0 | |
Donald Woodcock Treasurer | 0.16 | $0 | |
Aubrey Lawrence Taylor III Secretary | 1.41 | $0 | |
Lucy Nester Director | 1.07 | $0 | |
Karen Jones Director | 2.79 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $93,220 |
| Investment income | $2,300 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $95,520 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $1,548 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $150 |
| Occupancy, rent, utilities, and maintenance | $124,815 |
| Printing, publications, postage, and shipping | $3,230 |
| Other expenses | $62,858 |
| Total expenses | $205,486 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $53,867 |
| Other assets | $0 |
| Total assets | $259,080 |
| Total liabilities | $27,087 |
| Net assets or fund balances | $231,993 |