Floyd County Farm Bureau
- Assets
- $398.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Floyd, VA
- Founding
- 11/1965
- Data as of
- 12/2023
- EIN
- 54-0789154
Organization Overview
Floyd County Farm Bureau is located in Floyd, VA. The organization was established in 1965. 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. Floyd 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, Floyd County Farm Bureau generated $94.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $77.8k 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 |
|---|---|---|---|
W Grey Lineberry Jr President | 3.81 | $0 | |
Jerry Boothe Vice President | 0.29 | $0 | |
Mickey Smith Director | 0.15 | $0 | |
Betty Blackwell Women's Committee Chair | 0.29 | $0 | |
Vickie Spangler Director | 0.27 | $0 | |
Kenneth Philips Director | 0.15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $84,017 |
| Investment income | $6,558 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $4,024 |
| Total Revenue | $94,599 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $1,451 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $2,641 |
| Printing, publications, postage, and shipping | $3,108 |
| Other expenses | $62,102 |
| Total expenses | $77,816 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $372,776 |
| Other assets | $0 |
| Total assets | $398,572 |
| Total liabilities | $26,318 |
| Net assets or fund balances | $372,254 |