Wyoming Farm Bureau Federation Inc
- Assets
- $114.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Laramie, WY
- Founding
- 05/1946
- Data as of
- 10/2022
- EIN
- 83-0178801
Organization Overview
Wyoming Farm Bureau Federation Inc is located in Laramie, WY. The organization was established in 1946. 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. Wyoming Farm Bureau Federation Inc is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 10/2022, Wyoming Farm Bureau Federation Inc generated $53.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (6.5%) each year. All expenses for the organization totaled $40.4k during the year ending 10/2022. As we would expect to see with falling revenues, expenses have declined by (13.1%) per year over the past 5 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
MEMBERSHIP DUES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lex Geer President | 5 | $0 | |
Mary Jo Joslyn Vice President | 5 | $0 | |
Kevin Collins Treasurer | 5 | $0 | |
Toni Swartz Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $22,603 |
| Investment income | $13,369 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $17,193 |
| Total Revenue | $53,165 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $14,080 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $4,800 |
| Occupancy, rent, utilities, and maintenance | $6,740 |
| Printing, publications, postage, and shipping | $159 |
| Other expenses | $14,571 |
| Total expenses | $40,350 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $58,986 |
| Other assets | $0 |
| Total assets | $114,443 |
| Total liabilities | $0 |
| Net assets or fund balances | $114,443 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
German Farmers Mutual Assessment Insurance Assoc Of Hall County Inc Cairo, NE | $1,959,468 | $2,974,512 |
American Society Of Farm Managers & Rural Appraisers Glendale, CO | $4,224,649 | $2,977,415 |
Buffalo County Agricultural Association Kearney, NE | $14,912,793 | $2,842,209 |
South Dakota Farm Bureau Federation Huron, SD | $2,922,262 | $2,176,457 |
Wyoming Farm Bureau Federation Laramie, WY | $2,675,847 | $935,677 |
Minidoka County Beet Growers Association Incorporated Paul, ID | $469,109 | $856,289 |
Silver Tip Ranch Association Inc Livingston, MT | -$15,331 | $567,913 |
Montana Grain Growers Association Great Falls, MT | $792,605 | $687,110 |
Saunders County Agricultural Society Wahoo, NE | $1,008,034 | $577,571 |
Idaho Sugar Beet Growers Association Inc Boise, ID | $188,462 | $606,999 |
Nebraska Corn Growers Association Lincoln, NE | $515,195 | $544,564 |
Wyoming Stock Growers Association Cheyenne, WY | $78,575 | $547,030 |