Oklahoma Farm Bureau is located in Ada, OK. 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. Oklahoma 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 08/2023, Oklahoma Farm Bureau generated $102.2k 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 (5.2%) each year. All expenses for the organization totaled $79.3k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (6.6%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Casady President | 1 | $0 | |
Randy Bryant Vice President | 1 | $0 | |
Charles Morrow Treasurer | 1 | $0 | |
Charles Roberts Director | 1 | $0 | |
Greg Pierce Director | 1 | $0 | |
Charles Rohla Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $200 |
| Total Program Service Revenue | $0 |
| Membership dues | $53,493 |
| Investment income | $5,657 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $42,878 |
| Total Revenue | $102,228 |
| 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 | $420 |
| Occupancy, rent, utilities, and maintenance | $26,795 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $52,071 |
| Total expenses | $79,286 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $239,623 |
| Other assets | $0 |
| Total assets | $289,801 |
| Total liabilities | $932 |
| Net assets or fund balances | $288,869 |