Washington State Farm Bureau Federation
- Assets
- $11.6m
- Revenue
- $2.9m
- Investments
- $1.1m
- Employees
- 29
- Location
- Lacey, WA
- Founding
- 08/1932
- Data as of
- 09/2023
- EIN
- 91-0462136
Organization Overview
Washington State Farm Bureau Federation is located in Lacey, WA. The organization was established in 1932. 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, Washington State Farm Bureau Federation employed 29 individuals. This organization is an itermediate organization (such as a geographic headquarters) for a national or regional group of organizations. Washington State Farm Bureau Federation 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, Washington State Farm Bureau Federation generated $2.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $4.8m 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
VOLUNTARY ADVOCACY ORGANIZATION REPRESENTING THE SOCIAL & ECONOMIC INTERESTS OF MEMBER FARMS/RANCHES AT LOCAL, STATE, AND NATIONAL LEVELS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BUREAU RUNS AGRICULTURAL SAFETY PROGRAMS AND MANAGES THE RETROSPECTIVE RATING PROGRAM ON BEHALF OF ITS MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rosella Moseby President | OfficerTrustee | 10 | $39,312 |
Bridget Coon 1st Vice Pres Starting 11/18/2022 | OfficerTrustee | 3 | $0 |
Raul DE Leon 1st Vice Pres Ending 11/18/2022 | OfficerTrustee | 1 | $4,470 |
Anne Lawrence 2nd Vice President | OfficerTrustee | 2 | $9,363 |
Carol Paul Board Ending 11/18/2022 | Trustee | 2 | $1,200 |
Dan Bartelheimer Board | Trustee | 2 | $1,545 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $870,501 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $75,600 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $946,101 |
| Total Program Service Revenue | $1,869,602 |
| Investment income | $95,566 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $141,107 |
| Net Rental Income | -$124,805 |
| Net Gain/Loss on Asset Sales | $3,000 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,940,709 |
| 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. | $290,319 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,308,683 |
| Pension plan accruals and contributions | $253,043 |
| Other employee benefits | $374,860 |
| Payroll taxes | $138,326 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $48,473 |
| Fees for services: Accounting | $44,098 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $58,325 |
| Advertising and promotion | $7,867 |
| Office expenses | $198,040 |
| Information technology | $134,734 |
| Royalties | $0 |
| Occupancy | $150,766 |
| Travel | $181,654 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $236,194 |
| Interest | $24,956 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $139,285 |
| Insurance | $43,769 |
| All other expenses | $145,164 |
| Total functional expenses | $4,832,706 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $116,550 |
| Savings and temporary cash investments | $3,120,051 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $752,465 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $10,789 |
| Net Land, buildings, and equipment | $6,553,926 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,073,212 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $11,626,993 |
| Accounts payable and accrued expenses | $39,939 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $1,189,984 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,313,383 |
| Total liabilities | $4,543,306 |
| Net assets without donor restrictions | $6,985,126 |
| Net assets with donor restrictions | $98,561 |
| 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 | $11,626,993 |