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← FARM BUREAU FEDERATION MISSISSIPPI

Form 990 for tax year 2023

Filed by FARM BUREAU FEDERATION MISSISSIPPI.

Totals

Total revenue
$282,524
Total expenses
$250,569
Contributions and grants received
$105,525
Grants paid
$0
Program service revenue
$149,886
Investment income
$6,778
Other revenue
$20,335
Total assets, end of year
$453,489
Total liabilities, end of year
$1,370
Net assets or fund balances, end of year
$452,119
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

    $105,525

  • 2a · Program service revenue: CASUALTY SVC FEES

    total $56,858 · unrelated business $56,858

  • 2b · Program service revenue: PROPERTY SVC FEES

    total $53,043 · unrelated business $53,043

  • 2c · Program service revenue: LIFE SVC FEES

    total $27,148 · unrelated business $27,148

  • 2d · Program service revenue: BCBS SVC FEES

    total $9,058 · unrelated business $9,058

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

    total $3,779 · unrelated business $3,779

  • 3 · Investment income

    total $7,072 · excluded $7,072

  • 7b · Less cost or other basis and sales expenses

    other assets $294

  • 7c · Gain or loss

    other assets -$294

  • 7d · Net gain or loss

    total -$294 · excluded -$294

  • 11a · Other revenue: INSURANCE CLAIM PROCEE

    total $20,048 · related or exempt $20,048

  • 11b · Other revenue: MISCELLANEOUS INCOME

    total $287 · related or exempt $287

  • 11e · Other revenue, total

    $20,335

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $114,856

  • 8 · Pension plan contributions

    total $3,048

  • 10 · Payroll taxes

    total $9,132

  • 12 · Advertising and promotion

    total $1,963

  • 13 · Office expenses

    total $8,700

  • 16 · Occupancy

    total $23,044

  • 21 · Payments to affiliates

    total $46,653

  • 22 · Depreciation, depletion and amortization

    total $4,025

  • 23 · Insurance

    total $3,709

  • 24a · Other expenses: PROGRAM EXPENSE

    total $23,797

  • 24b · Other expenses: INCOME TAXES

    total $11,642

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $42,984 · end of year $51,698

  • 2 · Savings and temporary cash investments

    beginning of year $333,399 · end of year $340,465

  • 9 · Prepaid expenses and deferred charges

    beginning of year $9,820 · end of year $12,000

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

    $329,069

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

    $279,743

  • 10c · Land, buildings and equipment, net

    beginning of year $35,994 · end of year $49,326

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,033 · end of year $1,370

  • 27 · Net assets without donor restrictions

    beginning of year $420,164 · end of year $452,119

Mission and programs · 2023

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.

  • PUBLIC POLICY PROGRAMS:IN ORDER TO PROTECT & PROMOTE THE AGRICULTURE INDUSTRY, THE MONROE COUNTY FARM BUREAU THROUGH ITS STRUCTURE OF VOLUNTEER LEADERS SUPPORTS PUBLIC POLICY EFFORTS AT THE LOCAL, STATE, AND NATIONAL LEVEL. THIS IS ACCOMPLISHED THROUGH LEGISLATIVE AND REGULATORY MONITORING, COMMUNICATION WITH MEMBERS, AND PUBLIC AWARENESS PROGRAMS. VOLUNTEER MEMBERS PARTICIPATE IN YEARLY MEETINGS WITH STATE LEGISLATURE TO EDUCATE THEM ABOUT AGRICULTURAL POLICY.

  • AGRICULTURE LEADERSHIP ACTIVITIES:MONROE COUNTY FARM BUREAU STRUCTURE OF ORGANIZATIONAL LEADERSHIP PROVIDES MANY OPPORTUNITIES FOR MEMBER LEADERS TO KEEP ABREAST OF ISSUES THAT AFFECT AGRICULTURE. LOCAL BOARD MEMBERS ATTENDED STATE CONFERENCES TO NETWORK WITH FARMERS FOR EDUCATIONAL MEETINGS AND ISSUES FACING THE AGRICULTURE INDUSTRY

  • YOUNG FARMER PROGRAMMONROE COUNTY FARM BUREAU MEMBERS ARE INVOLVED IN THE YOUNG FARMERS & RANCHERS PROGRAM. THIS PROGRAM IS DESIGNED TO DEVELOP YOUNG PEOPLE INTO THE LEADERS THAT WILL SOMEDAY GUIDE FARM BUREAU. THE PROGRAM STRIVES TO EDUCATE YOUNG FARMERS, AGES 18-35, ABOUT THE PURPOSE AND FUNCTION OF FARM BUREAU, PROVIDE THEM WITH OPPORTUNITIES TO PARTICIPATE IN THE PROGRAM STRUCTURE OF FARM BUREAU, AND ENCOURAGE THEM TO USE THEIR OWN KNOWLEDGE TO HELP FORMULATE POLICIES AND PROGRAMS THAT CAN LEAD TO SOLUTIONS TO THEIR PROBLEMS.

As filed on the 2023 return.

Listed in Part VII

  • Alan Atkins

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • Ben Harlow

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Blake Henley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Clay Atkins

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Dennis Herndon

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Dennis Jackson

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Herbert Word

    PRESIDENT

    Total calculated
    $0
    Hours/week
    4

  • Jean Harrington

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Jerry Cantrell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Joanie Word

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Lem Holman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Mark Foreman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Ryan Tucker

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Terry Beasley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • William Dean Atkins

    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
2023
Filed
25 March 2024
IRS schema version
2023v5.0
Source object
202410859349302051

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