Spotsylvania County Farm Bureau
- Assets
- $492.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Spotsylvania, VA
- Founding
- 02/1945
- Data as of
- 12/2023
- EIN
- 54-0786291
Organization Overview
Spotsylvania County Farm Bureau is located in Spotsylvania, VA. The organization was established in 1945. 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. Spotsylvania 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, Spotsylvania County Farm Bureau generated $59.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $58.3k during the year ending 12/2023. While expenses have increased by 4.7% per year over the past 8 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
AN ORGANIZATION OF PERSONS INTERESTED IN AGRICULTURE AND THE BETTERMENT OF AGRICULTURAL EDUCATION, ECONOMIC OPPORTUNITY AND SOCIAL ADVANCEMENT.
Describe the Organization's Program Activity:
Part 3
PUBLIC AFFAIRS- WE PROVIDE INFORMATION TO MEMBERS REGARDING COMMON PROBLEMS AFFECTED BY LOCAL, STATE AND FEDERAL LEGISLATION.
COMMODITIES-WORKING WITH SPECIALLY TRAINED VIRGINIA FARM BUREAU EMPLOYEES TO SOLVE COMMON PROBLEMS OF COMMODITY GROUPS WITHIN OUR MEMBERSHIP.
COMMUNICATIONS-DISTRIBUTION OF INFORMATION TO MEMBERS OF THE ORGANIZATION VIA NEWSLETTERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nancy Biscoe Secretary/treasurer | 0.54 | $0 | |
Robert Massey President | 0.48 | $0 | |
Ray Simms Vice President | 0.42 | $0 | |
Ann Heidig Past President | 0.09 | $0 | |
James Rumsey Director | 0.28 | $0 | |
Greg Benton Director | 0.11 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $46,507 |
| Investment income | $13,321 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $59,828 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $857 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,206 |
| Other expenses | $46,742 |
| Total expenses | $58,297 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $169,235 |
| Other assets | $0 |
| Total assets | $492,788 |
| Total liabilities | $69,073 |
| Net assets or fund balances | $423,715 |