Caroline County Farm Bureau Inc
- Assets
- $213.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Milford, VA
- Founding
- 04/1965
- Data as of
- 12/2023
- EIN
- 54-6056561
Organization Overview
Caroline County Farm Bureau Inc is located in Milford, 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. Caroline County Farm Bureau Inc 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, Caroline County Farm Bureau Inc generated $61.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $55.4k during the year ending 12/2023. While expenses have increased by 1.2% 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 |
|---|---|---|---|
Lynwood Broaddus President | 7.76 | $0 | |
C Bates Broaddus Vice President | 0.13 | $0 | |
Wickham Coleman Director | 0 | $0 | |
Patrick Newchok Director | 0.05 | $0 | |
Joseph Stepp III Director | 0.04 | $0 | |
Hunter Gravatt Director | 0.13 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $58,464 |
| Investment income | $2,783 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $61,247 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $1,039 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $1,180 |
| Printing, publications, postage, and shipping | $3,822 |
| Other expenses | $43,152 |
| Total expenses | $55,393 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $181,494 |
| Other assets | $0 |
| Total assets | $213,255 |
| Total liabilities | $16,492 |
| Net assets or fund balances | $196,763 |