Colorado Farm Bureau
- Assets
- $9.9m
- Revenue
- $2.1m
- Investments
- $358.9k
- Employees
- 12
- Location
- Centennial, CO
- Founding
- 07/1943
- Data as of
- 09/2021
- EIN
- 84-0425586
Organization Overview
Colorado Farm Bureau is located in Centennial, CO. The organization was established in 1943. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 09/2021, Colorado Farm Bureau employed 12 individuals. This organization is an itermediate organization (such as a geographic headquarters) for a national or regional group of organizations. Colorado 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 09/2021, Colorado Farm Bureau generated $2.1m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $2.2m during the year ending 09/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVANCE THE INTEREST OF THE COLORADO FARM & RANCH COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GENERAL PROGRAM IS TO PROMOTE THE POSITION OF THE FARMING &RANCHING INDUSTRY IN COLORADO & THE NATION. ALSO PROVIDE MEMBERSWITH INFORMATION & STATUS RELATING TO THE FARMING INDUSTRY & TOEXPRESS CONCERNS OF THE MEMBERS TO THE STATE & NATIONAL ELECTEDOFFICERS. TOTAL EXPENSES = $1,389,444
OTHER PROGRAMS INCLUDE:1. MONTHLY PUBLICATIONS OF FARMING & RANCHING ISSUES.TOTAL EXPENSES =$97,809
SCHOLARSHIP PROGRAMS ARE TO ASSIST COLLEGE STUDENTS WITH THE COSTOF HIGHER EDUCATION IN THE AGRICULTURE FIELD, INCLUDING FARMPROGRAMS AT MANY GRADE SCHOOLS TO INFORM CHILDREN WHERE FOOD COMESFROM & 4-H PROGRAMS. TOTAL EXPENSES = $18,000
ELECTION INFORMATION ON CANDIDATES RUNNING FOR PUBLIC OFFICE INCLUDINGTHEIR POSITIONS ON FARM ISSUES. ALSO SPONSORS MEETINGS TO MEETCANDIDATES TO ASK DIRECT QUESTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chad Vorthmann Executive Vice President | Officer | 40 | $181,474 |
Shawn Martini Vice President, Advocacy | 40 | $120,789 | |
Carlyle Currier President | OfficerTrustee | 25 | $54,496 |
James Henderson Vice President | OfficerTrustee | 15 | $24,771 |
Gary Paul District 6 - Director/secretary | OfficerTrustee | 4 | $0 |
Gary Melcher District 4 - Director/treasurer | OfficerTrustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $184,895 |
| All other contributions, gifts, grants, and similar amounts not included above | $32,005 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $216,900 |
| Total Program Service Revenue | $799,896 |
| Investment income | $191,309 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $121,149 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,127,778 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $269,632 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $677,098 |
| Pension plan accruals and contributions | $27,953 |
| Other employee benefits | $172,003 |
| Payroll taxes | $56,228 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $50,567 |
| Fees for services: Accounting | $73,487 |
| Fees for services: Lobbying | $108,885 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $27,667 |
| Advertising and promotion | $0 |
| Office expenses | $101,593 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $38,021 |
| Travel | $116,659 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $109,562 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $38,591 |
| Insurance | $29,303 |
| All other expenses | $5,906 |
| Total functional expenses | $2,160,757 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $81,739 |
| Savings and temporary cash investments | $342,248 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $126,307 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $230,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $28,281 |
| Net Land, buildings, and equipment | $239,182 |
| Investments—publicly traded securities | $8,479,665 |
| Investments—other securities | $358,918 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $9,886,340 |
| Accounts payable and accrued expenses | $335,528 |
| Grants payable | $0 |
| Deferred revenue | $268,242 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $603,770 |
| Net assets without donor restrictions | $9,180,102 |
| Net assets with donor restrictions | $102,468 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $9,886,340 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kansas Farm Bureau Manhattan, KS | $113,719,164 | $13,754,272 |
Arabian Horse Association Aurora, CO | $7,104,818 | $11,582,764 |
Nebraska Farm Bureau Federation Lincoln, NE | $6,162,256 | $5,536,938 |
Oklahoma Beef Industry Council Oklahoma City, OK | $1,793,159 | $4,382,142 |
Utah Farm Bureau Federation Sandy, UT | $9,901,276 | $4,013,704 |
Oklahoma Farm Bureau Oklahoma City, OK | $8,003,779 | $5,177,259 |
Nebraska Beef Council Kearney, NE | $3,014,074 | $3,736,619 |
Wool Trust Foundation Centennial, CO | $2,341,215 | $3,264,496 |
United Food And Commercial Workers International Union Crete, NE | $994,510 | $2,745,079 |
Pinto Horse Association Of America Bethany, OK | $2,820,535 | $3,433,110 |
Arizona Farm Bureau Federation Gilbert, AZ | $12,596,150 | $2,905,635 |
Nebraska Cattlemen Inc Lincoln, NE | $2,949,747 | $2,219,046 |