Taylor County Farm Bureau
- Assets
- $312.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Abilene, TX
- Founding
- 08/1955
- Data as of
- 10/2023
- EIN
- 75-0855485
Organization Overview
Taylor County Farm Bureau is located in Abilene, TX. The organization was established in 1955. 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. Taylor 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, Taylor County Farm Bureau generated $141.8k 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 (5.9%) each year. All expenses for the organization totaled $119.7k during the year ending 10/2023. As we would expect to see with falling revenues, expenses have declined by (7.0%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Hohhertz President | 4 | $0 | |
Ken Hogan Sec Treas | 3 | $0 | |
Glenn Sansom Director | 3 | $0 | |
James Hudson Director | 3 | $0 | |
Paul Holloway Director | 3 | $0 | |
Waylan Jackson Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $107,775 |
| Investment income | $23,841 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $215 |
| Total Revenue | $141,831 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $84 |
| Professional fees and other payments to independent contractors | $1,140 |
| Occupancy, rent, utilities, and maintenance | $36,331 |
| Printing, publications, postage, and shipping | $378 |
| Other expenses | $69,471 |
| Total expenses | $119,720 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $158,149 |
| Other assets | $0 |
| Total assets | $312,595 |
| Total liabilities | $50 |
| Net assets or fund balances | $312,545 |