Wise County Farm Bureau
- Assets
- $456.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wise, VA
- Founding
- 09/1985
- Data as of
- 12/2023
- EIN
- 54-1317741
Organization Overview
Wise County Farm Bureau is located in Wise, VA. The organization was established in 1985. 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. Wise 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, Wise County Farm Bureau generated $111.8k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $89.0k during the year ending 12/2023. While expenses have increased by 2.0% per year over the past 9 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 |
|---|---|---|---|
Gwen Fleming President | 8.11 | $0 | |
Hibert Tackett Vice President | 0.98 | $0 | |
Clarence Phillips Director | 0.79 | $0 | |
Kelly Dickenson Director | 0.84 | $0 | |
Cynthia Mullins Secretary/treasurer | 11.21 | $0 | |
Kenneth Mullins Director | 1.24 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $77,993 |
| Investment income | $4,829 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $28,979 |
| Total Revenue | $111,801 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $1,312 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $16,315 |
| Printing, publications, postage, and shipping | $1,521 |
| Other expenses | $60,813 |
| Total expenses | $89,011 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $248,656 |
| Other assets | $0 |
| Total assets | $456,083 |
| Total liabilities | $85,848 |
| Net assets or fund balances | $370,235 |