Scotland County Farm Bureau
- Assets
- $133.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Laurinburg, NC
- Founding
- 06/1966
- Data as of
- 12/2023
- EIN
- 56-0950760
Organization Overview
Scotland County Farm Bureau is located in Laurinburg, NC. The organization was established in 1966. 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. Scotland 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, Scotland County Farm Bureau generated $65.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $62.5k during the year ending 12/2023. While expenses have increased by 1.0% 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 |
|---|---|---|---|
Aaron Stack Vice Presid | 0.05 | $0 | |
William Carmichael Member-Bod | 0.05 | $0 | |
Edward Carmichael Member-Bod | 0.05 | $0 | |
Melissa Strickland President | 0.05 | $0 | |
April Snead Secretary | 0.05 | $0 | |
David Breeden Member-Bod | 0.05 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $41,575 |
| Investment income | $23,578 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $65,153 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $550 |
| Occupancy, rent, utilities, and maintenance | $881 |
| Printing, publications, postage, and shipping | $284 |
| Other expenses | $58,160 |
| Total expenses | $62,475 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $46,402 |
| Other assets | $0 |
| Total assets | $133,362 |
| Total liabilities | $0 |
| Net assets or fund balances | $133,362 |