South Carolina Farm Bureau Association
- Assets
- $142.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Gaffney, SC
- Founding
- 01/1973
- Data as of
- 12/2022
- EIN
- 57-0734851
Organization Overview
South Carolina Farm Bureau Association is located in Gaffney, 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. South Carolina Farm Bureau Association is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2022, South Carolina Farm Bureau Association generated $29.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (4.8%) each year. All expenses for the organization totaled $30.4k during the year ending 12/2022. 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 |
|---|---|---|---|
Loye Mayfield Jr President | 0.3 | $0 | |
Gwen C Clary Vice President | 0.3 | $0 | |
Brandon Swofford Secretary/treas | 0.3 | $0 | |
Joey Lemmons Jr State Director | 0.3 | $0 | |
Bessie Mayfield Womens Comm Chr | 0.3 | $0 | |
William Haddon Director | 0.3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,534 |
| Total Program Service Revenue | $225 |
| Membership dues | $0 |
| Investment income | $1,200 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $28,959 |
| 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 | $4,990 |
| Occupancy, rent, utilities, and maintenance | $4,610 |
| Printing, publications, postage, and shipping | $977 |
| Other expenses | $14,923 |
| Total expenses | $30,400 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $33,628 |
| Other assets | $0 |
| Total assets | $142,254 |
| Total liabilities | $0 |
| Net assets or fund balances | $142,254 |