Farm Bureau Federation Mississippi is located in Charleston, MS. The organization was established in 1960. 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. Farm Bureau Federation Mississippi is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 10/2023, Farm Bureau Federation Mississippi generated $161.6k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $140.7k during the year ending 10/2023. While expenses have increased by 1.5% per year over the past 4 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO UNITE THROUGH OUR MEMBERSHIP THOSE PEOPLE OR GROUPS OF PEOPLE WITH A COMMON INTEREST IN DEVELOPING AND IMPROVING THE ECONOMIC, SOCIAL AND EDUCATIONAL INTEREST OF THE FARMER.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ben Brasher Director | 2 | $0 | |
Beth Bell Director | 2 | $0 | |
Brent Brasher Director | 2 | $0 | |
David Groner Director | 2 | $0 | |
Derek Beardain Director | 2 | $0 | |
George C Trout IV Director | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $108,474 |
| Membership dues | $52,850 |
| Investment income | $244 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $161,568 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $69,560 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $16,685 |
| Printing, publications, postage, and shipping | $177 |
| Other expenses | $33,615 |
| Total expenses | $140,658 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $185,984 |
| Other assets | $0 |
| Total assets | $349,191 |
| Total liabilities | $1,089 |
| Net assets or fund balances | $348,102 |