Coleman County Farm Bureau
- Assets
- $80.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Coleman, TX
- Founding
- 02/1952
- Data as of
- 10/2023
- EIN
- 75-0817594
Organization Overview
Coleman County Farm Bureau is located in Coleman, TX. The organization was established in 1952. 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. Coleman 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 10/2023, Coleman County Farm Bureau generated $90.2k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $88.5k during the year ending 10/2023. While expenses have increased by 6.1% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keith Phillips President | 1 | $0 | |
Steve Evans Vice President | 1 | $0 | |
Andrew Young Secretary | 1 | $0 | |
Chris Jamison Treasurer | 1 | $0 | |
Thomas Rutherford Director | 1 | $0 | |
Ben Taylor Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,410 |
| Total Program Service Revenue | $0 |
| Membership dues | $38,640 |
| Investment income | $52 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $50,070 |
| Total Revenue | $90,172 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $38,927 |
| Professional fees and other payments to independent contractors | $600 |
| Occupancy, rent, utilities, and maintenance | $8,774 |
| Printing, publications, postage, and shipping | $372 |
| Other expenses | $35,854 |
| Total expenses | $88,457 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $54,481 |
| Other assets | $0 |
| Total assets | $80,941 |
| Total liabilities | $707 |
| Net assets or fund balances | $80,234 |