Colorado Farm Bureau
- Assets
- $8.2m
- Revenue
- $2.0m
- Investments
- $357.4k
- Employees
- 17
- Location
- Centennial, CO
- Founding
- 07/1943
- Data as of
- 09/2023
- 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 09/2023, Colorado Farm Bureau employed 17 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 09/2023, Colorado Farm Bureau generated $2.0m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $2.6m during the year ending 09/2023. 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
2023
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 MEMBERS WITH INFORMATION & STATUS RELATING TO THE FARMING INDUSTRY & TO EXPRESS CONCERNS OF THE MEMBERS TO THE STATE & NATIONAL ELECTED OFFICERS.
MONTHLY PUBLICATIONS OF FARMING AND RANCHING ISSUES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carlyle Currier President | OfficerTrustee | 25 | $61,999 |
James Henderson Vice President | OfficerTrustee | 15 | $31,000 |
Jason Vermillion Director | Trustee | 4 | $1,400 |
Constance Hass Director | Trustee | 4 | $1,400 |
Charles Minkler Secretary | OfficerTrustee | 4 | $1,200 |
Zandon C Bray Director | Trustee | 4 | $800 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $837,730 |
| Investment income | $192,749 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$4,717 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,003,404 |
| 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. | $400,890 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $498,747 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $186,566 |
| Payroll taxes | $80,978 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $145,367 |
| Fees for services: Lobbying | $99,777 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $184,124 |
| Advertising and promotion | $118,039 |
| Office expenses | $55,771 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $39,624 |
| Travel | $307,262 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $161,441 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $53,381 |
| Insurance | $39,959 |
| All other expenses | $76,491 |
| Total functional expenses | $2,632,818 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $392,676 |
| Savings and temporary cash investments | $100,000 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $166,756 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $280,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $52,056 |
| Net Land, buildings, and equipment | $189,175 |
| Investments—publicly traded securities | $6,379,220 |
| Investments—other securities | $357,418 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $243,549 |
| Total assets | $8,160,850 |
| Accounts payable and accrued expenses | $305,656 |
| Grants payable | $0 |
| Deferred revenue | $257,275 |
| 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 | $205,077 |
| Total liabilities | $768,008 |
| Net assets without donor restrictions | $7,303,293 |
| Net assets with donor restrictions | $89,549 |
| 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 | $8,160,850 |