Orange County Farm Bureau
- Assets
- $441.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Orange, VA
- Founding
- 10/1957
- Data as of
- 12/2023
- EIN
- 54-0679907
Organization Overview
Orange County Farm Bureau is located in Orange, VA. The organization was established in 1957. 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. Orange 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 12/2023, Orange County Farm Bureau generated $74.4k 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 (8.2%) each year. All expenses for the organization totaled $64.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (7.7%) 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 |
|---|---|---|---|
Wesley Roberts Vice President | 1.12 | $0 | |
Coty Goodwin Secretary | 1.03 | $0 | |
Katelyn Burner Chair Women | 1.15 | $0 | |
Lexie Chambers Chair Women | 1.65 | $0 | |
Jacob Gilley President | 1.92 | $0 | |
William W Koontz Director | 0.42 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $61,753 |
| Investment income | $16,634 |
| Gain or Loss | -$3,998 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $74,389 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $1,121 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $7,432 |
| Printing, publications, postage, and shipping | $2,140 |
| Other expenses | $45,838 |
| Total expenses | $64,031 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $278,573 |
| Other assets | $0 |
| Total assets | $441,766 |
| Total liabilities | $18,106 |
| Net assets or fund balances | $423,660 |