Patrick County Farm Bureau Incorporated
- Assets
- $253.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Stuart, VA
- Founding
- 06/1975
- Data as of
- 12/2023
- EIN
- 54-6055383
Organization Overview
Patrick County Farm Bureau Incorporated is located in Stuart, VA. The organization was established in 1975. 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. Patrick County Farm Bureau Incorporated 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, Patrick County Farm Bureau Incorporated generated $96.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $94.4k 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 |
|---|---|---|---|
Jonathan Wood President | 4.9 | $0 | |
Barry Shelor Vice President | 2.8 | $0 | |
Sandra Heath Secretary/treasurer | 4.5 | $0 | |
Sandra Heath Womens Committee | 4.5 | $0 | |
Christian Taylor Young Farmers | 1.8 | $0 | |
Ronnie Pilson Director | 1.4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $31,503 |
| Investment income | $2,521 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $62,136 |
| Total Revenue | $96,160 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $612 |
| Salaries, other compensation, and employee benefits | $35,918 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $20,845 |
| Printing, publications, postage, and shipping | $5,653 |
| Other expenses | $30,779 |
| Total expenses | $94,407 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $136,116 |
| Other assets | $0 |
| Total assets | $253,071 |
| Total liabilities | $9,377 |
| Net assets or fund balances | $243,694 |