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← FARM BUREAU FEDERATION MISSISSIPPI

Form 990 for tax year 2022

Filed by FARM BUREAU FEDERATION MISSISSIPPI.

Totals

Total revenue
$381,247
Total expenses
$406,452
Contributions and grants received
$140,721
Grants paid
$0
Program service revenue
$231,845
Investment income
$5,042
Other revenue
$3,639
Total assets, end of year
$470,833
Total liabilities, end of year
$1,995
Net assets or fund balances, end of year
$468,838
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $140,721

  • 2a · Program service revenue: CASUALTY SVC FEES

    total $91,230 · unrelated business $91,230

  • 2b · Program service revenue: PROPERTY SVC FEES

    total $74,895 · unrelated business $74,895

  • 2c · Program service revenue: LIFE SVC FEES

    total $44,169 · unrelated business $44,169

  • 2d · Program service revenue: BCBS SVC FEES

    total $16,109 · unrelated business $16,109

  • 2e · Program service revenue: RURAL SVC FEES AND BAN

    total $5,442 · unrelated business $5,442

  • 3 · Investment income

    total $5,042 · excluded $5,042

  • 11a · Other revenue: INSURANCE CLAIM PROCEE

    total $3,639 · excluded $3,639

  • 11e · Other revenue, total

    $3,639

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $139,237

  • 8 · Pension plan contributions

    total $4,054

  • 10 · Payroll taxes

    total $10,994

  • 12 · Advertising and promotion

    total $18,738

  • 13 · Office expenses

    total $24,536

  • 16 · Occupancy

    total $44,380

  • 21 · Payments to affiliates

    total $63,575

  • 22 · Depreciation, depletion and amortization

    total $15,102

  • 23 · Insurance

    total $4,538

  • 24a · Other expenses: PROGRAM EXPENSE

    total $63,819

  • 24b · Other expenses: INCOME TAXES

    total $17,479

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $144,558 · end of year $46,206

  • 2 · Savings and temporary cash investments

    beginning of year $227,367 · end of year $307,409

  • 9 · Prepaid expenses and deferred charges

    beginning of year $17,500 · end of year $18,000

  • 10a · Land, buildings and equipment: cost or other basis

    $513,488

  • 10b · Land, buildings and equipment: accumulated depreciation

    $415,370

  • 10c · Land, buildings and equipment, net

    beginning of year $107,098 · end of year $98,118

  • 15 · Other assets

    beginning of year $0 · end of year $1,100

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,480 · end of year $1,995

  • 27 · Net assets without donor restrictions

    beginning of year $494,043 · end of year $468,838

Mission and programs · 2022

Mission

TO UNITE THROUGH OUR MEMBERSHIP THOSE PEOPLE OR GROUPS OF PEOPLE WITH A COMMON INTEREST IN DEVELOPING AND IMPROVING THE ECONOMIC, SOCIAL AND EDUCATIONAL INTEREST OF THE FARMER.

Activities or mission (Part I)

TO UNITE THOSE PEOPLE WITH A COMMON INTEREST IN DEVELOPING/IMPROVING THE INTEREST OF THE FARMER.

  • SCHOLARSHIPS:LINCOLN COUNTY FARM BUREAU BOARD OF DIRECTORS AWARDED $6,000 IN SCHOLARSHIPS IN 2022. APPLICANTS ARE REQUIRED TO LIVE IN LINCOLN COUNTY AND THEIR FAMILIES BE A MEMBER OF LINCOLN COUNTY FARM BUREAU. PREFERENCE IS GIVEN TO STUDENTS MAJORING IN AN AGRICULTURE OR FORESTRY RELATED FIELD, ALTHOUGH ALL INTERESTED STUDENTS ARE ENCOURAGED TO APPLY. LINCOLN COUNTY FARM BUREAU FEDERATION HAS ESTABLISHED THESE SCHOLARSHIPS AS PART OF THEIR CONTINUING ENDEAVOR TO PROMOTE EDUCATION AND ASSIST WORTHY COLLEGE BOUND STUDENTS DEMONSTRATING FINANCIAL NEED.

    Revenue $231,846

  • COMMODITY MEETINGS:LINCOLN COUNTY FARM BUREAU ENCOURAGES VOLUNTEER MEMBERS TO ATTEND LEADERSHIP, COMMODITY, CONVENTIONS AND LEGISLATIVE CONFERENCES THAT HELP EDUCATE AND PROMOTE THE ORGANIZATION'S MISSION. AT THESE MEETING VOLUNTEERS DISCUSS ISSUES THAT HAVE AN IMPACT ON THE AGRICULTURAL INDUSTRY.

  • IN ORDER TO PROTECT AND PROMOTE THE AGRICULTURE INDUSTRY THE LINCOLN COUNTY FARM BUREAU THROUGH ITS STRUCTURE OF VOLUNTEER LEADERS SUPPORT PUBLIC POLICY EFFORTS AT THE LOCAL STATE AND NATIONAL LEVEL. THIS IS ACCOMPLISHED THROUGH BOTH LEGISLATIVE AND REGULATORY MONITORING COMMUNICATIONS WITH MEMBERS AND PUBLIC AWARENESS PROGRAMS ABOUT FARMING. VOLUNTEER MEMBERS PARTICIPATE IN THE SPONSORSHIP OF POLICY MEETINGS WITH THEIR LEGISLATORS TO EDUCATE THEM ABOUT AGRICULTURE ISSUES AND CONCERNS.

As filed on the 2022 return.

Listed in Part VII

  • Anna Michael Smith

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Brett Smith

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • David Calcote

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Debby Bardwell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Hamp Smith

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Jennifer Williams

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Larry Sasser

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    3
  • Michael Smith

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Pam Watts

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Patrick Hall

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Prentiss Smith

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Robert McGehee Jr

    PRESIDENT

    Total calculated
    $0
    Hours/week
    4
  • Ryan Case

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Scott Smith

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Vince Mangold

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
29 January 2024
IRS schema version
2022v5.0
Source object
202400309349301435

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