Newberry County Farm Bureau
- Assets
- $437.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newberry, SC
- Founding
- 01/1973
- Data as of
- 12/2023
- EIN
- 57-0342376
Organization Overview
Newberry County Farm Bureau is located in Newberry, SC. The organization was established in 1973. 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 a subordinate organization within an affiliated group for tax-exemption purposes. Newberry 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, Newberry County Farm Bureau generated $108.6k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $107.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.2%) per year over the past 5 years. 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 |
|---|---|---|---|
Wilson Felker Director | 0.3 | $0 | |
Mike Meetze President | 0.3 | $0 | |
Garrett Setzler Secretary/treas | 0.3 | $0 | |
Larry Cromer Director | 0.3 | $0 | |
Jimmie Lee Shaw Director | 0.3 | $0 | |
Boyd Parr Leg. Comm. Chr | 0.3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $38,565 |
| Total Program Service Revenue | $2,180 |
| Membership dues | $0 |
| Investment income | $4,165 |
| Gain or Loss | -$105 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $63,791 |
| Total Revenue | $108,596 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $58,355 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $14,666 |
| Printing, publications, postage, and shipping | $2,237 |
| Other expenses | $29,629 |
| Total expenses | $107,237 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $21,698 |
| Other assets | $0 |
| Total assets | $437,365 |
| Total liabilities | $0 |
| Net assets or fund balances | $437,365 |