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← FARM BUREAU FEDERATION MISSISSIPPI

Form 990 for tax year 2024

Filed by FARM BUREAU FEDERATION MISSISSIPPI.

Totals

Total revenue
$361,524
Total expenses
$371,573
Contributions and grants received
$128,298
Grants paid
$0
Program service revenue
$219,894
Investment income
$3,432
Other revenue
$9,900
Total assets, end of year
$763,153
Total liabilities, end of year
$199,388
Net assets or fund balances, end of year
$563,765
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

    $128,298

  • 2a · Program service revenue: PROPERTY SVC FEES

    total $167,018 · unrelated business $167,018

  • 2b · Program service revenue: LIFE SVC FEES

    total $37,594 · unrelated business $37,594

  • 2c · Program service revenue: BCBS SVC FEES

    total $11,425 · unrelated business $11,425

  • 2d · Program service revenue: RURAL SVC FEES

    total $3,769 · unrelated business $3,769

  • 2e · Program service revenue: FARM BUREAU BANK SVC F

    total $88 · unrelated business $88

  • 3 · Investment income

    total $3,432 · excluded $3,432

  • 6a · Gross rents

    real property $9,900

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $9,900

  • 6d · Net rental income or loss

    total $9,900 · excluded $9,900

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $200,762

  • 10 · Payroll taxes

    total $1,986

  • 12 · Advertising and promotion

    total $1,050

  • 13 · Office expenses

    total $8,866

  • 16 · Occupancy

    total $44,909

  • 20 · Interest

    total $8,565

  • 21 · Payments to affiliates

    total $57,283

  • 22 · Depreciation, depletion and amortization

    total $21,817

  • 23 · Insurance

    total $5,146

  • 24a · Other expenses: PROGRAM EXPENSE

    total $10,905

  • 24b · Other expenses: INCOME TAXES

    total $10,284

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $86,011 · end of year $25,039

  • 2 · Savings and temporary cash investments

    beginning of year $34,309 · end of year $36,022

  • 9 · Prepaid expenses and deferred charges

    beginning of year $14,800 · end of year $10,400

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

    $979,789

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

    $288,297

  • 10c · Land, buildings and equipment, net

    beginning of year $706,254 · end of year $691,492

  • 15 · Other assets

    beginning of year $200 · end of year $200

  • 17 · Accounts payable and accrued expenses

    beginning of year $359 · end of year $133

  • 23 · Secured mortgages and notes payable

    beginning of year $267,401 · end of year $199,255

  • 27 · Net assets without donor restrictions

    beginning of year $573,814 · end of year $563,765

Mission and programs · 2024

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.

  • POLICY DEVELOPMENT:IN ORDER TO PROTECT & PROMOTE THE AGRICULTURE INDUSTRY THE RANKIN 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 HOSTED A LEGISLATIVE RECEPTION TO EDUCATE AND VOICE CONCERNS WITH LEGISLATURES ABOUT AGRICULTURAL POLICIES. ALSO VOLUNTEERS ATTENDED AG DAY AT THE CAPITAL AND MEET WITH NATIONAL LEADERS.

  • YOUNG FARMER PROGRAM:THE YOUNG FARMERS & RANCHERS 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. IN DECEMBER RANKIN COUNTY BOARD MEMBER BRIAN RHODES WON THE ACHIEVEMENT AWARD CONTEST.

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

As filed on the 2024 return.

Listed in Part VII

  • Alvin Wiley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Ashley Rhodes

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Brian Rhodes

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Cody Parker

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • David Boyd

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Davis Edwards

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Jason Jones

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • John Martin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Kevin Rhodes

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    3
  • Kurt Rhodes

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Kyle Rhodes

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Matt McGowan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Matthew Boyd

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Matthew Edwards

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Michael Bilbro

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Phillip Jones

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Randy Martin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Tyler Irby

    PRESIDENT

    Total calculated
    $0
    Hours/week
    3
  • Willie Rivers

    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
2024
Filed
17 February 2025
IRS schema version
2024v5.0
Source object
202500489349300010

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