Westmoreland County Farm Bureau
- Assets
- $341.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Montross, VA
- Founding
- 06/1958
- Data as of
- 12/2023
- EIN
- 54-0758800
Organization Overview
Westmoreland County Farm Bureau is located in Montross, VA. The organization was established in 1958. 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. Westmoreland 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, Westmoreland County Farm Bureau generated $48.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $54.6k during the year ending 12/2023. While expenses have increased by 0.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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 |
|---|---|---|---|
Marion James Packett President | 0.26 | $0 | |
Bea Sanders Womens Committee Chair | 1.64 | $0 | |
Bruce Beahm Treasurer | 0.92 | $0 | |
Dana Boyle Secretary | 0 | $0 | |
John Jenkins Vice President | 0.31 | $0 | |
Woodrow Hynson Director | 0.19 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $46,403 |
| Investment income | $3,486 |
| Gain or Loss | -$1,050 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $48,839 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $837 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $6,030 |
| Printing, publications, postage, and shipping | $2,611 |
| Other expenses | $39,082 |
| Total expenses | $54,585 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $219,272 |
| Other assets | $0 |
| Total assets | $341,004 |
| Total liabilities | $13,350 |
| Net assets or fund balances | $327,654 |