Lake County Farm Bureau
- Assets
- $68.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Tiptonville, TN
- Founding
- 01/1971
- Data as of
- 12/2022
- EIN
- 62-0575829
Organization Overview
Lake County Farm Bureau is located in Tiptonville, TN. The organization was established in 1971. 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. Lake 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 12/2022, Lake County Farm Bureau generated $45.5k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $32.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.3%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
IDENITY THEFT BENEFITS, PROPERTY PROTECTION SERVICE ANDOTHER PROGRAMS DESIGNED TO IMPROVE THE QUALITY OF FARM LIFE IN GENERAL SERVING 1,016 FARM FAMILY MEMBERS IN 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Keiser President | 2 | $0 | |
Peter Keiser Vice President | 1.5 | $0 | |
Tolar Flowers Secretary/treasurer | 2 | $0 | |
Jon Dickey Director | 1 | $0 | |
Jackie Flowers Director | 1 | $0 | |
Jeremy Hopper Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $38,108 |
| Investment income | $15 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $7,344 |
| Total Revenue | $45,467 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $305 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $3,839 |
| Occupancy, rent, utilities, and maintenance | $3,966 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $24,526 |
| Total expenses | $32,636 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $50,548 |
| Other assets | $0 |
| Total assets | $68,773 |
| Total liabilities | $0 |
| Net assets or fund balances | $68,773 |