Overview
What is Farmers Educational & Cooperative Union?
The Farmers Educational & Cooperative Union, also known as South Dakota Farmers Union, is a nonprofit organization based in Huron, South Dakota. With a team of 18 individuals, their primary mission is to support programs and initiatives that foster economic prosperity and cultural vitality in rural South Dakota. They accomplish this by providing educational programs and resources to the youth of the state. During the year, they organized 30 youth camps and attended by approximately 600 youth, sponsored a safety quiz bowl for over 80 high schoolers during the FFA convention, and granted 500 scholarships to local youth. Their activities are geared towards uplifting rural communities and nurturing the next generation.
Official website here: www.sdfu.org
Is Farmers Educational & Cooperative Union legitimate?
Farmers Educational & Cooperative Union is a legitimate nonprofit organization registered as a 501(c)(5) entity. Farmers Educational & Cooperative Union submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $321,280
Professional Fundraising Fees: $0
Other Salaries and Wages: $286,578
For more financial information, click here
Official website here: www.sdfu.org
What is the mission statement of Farmers Educational & Cooperative Union?
The Farmers Educational & Cooperative Union aims to support programs and advance efforts that contribute to economic prosperity and cultural vitality in rural South Dakota. They achieve this objective by providing educational programs and disseminating information to the youth of the state. The union hosts numerous youth camps across South Dakota, with around 600 young individuals attending annually. They also sponsor safety quiz bowl competitions for over 80 high schoolers during the state's FFA convention. Furthermore, the union grants scholarships worth 500 dollars to several area youths to aid their education.
Official website here: www.sdfu.org
Who is the CEO of Farmers Educational & Cooperative Union?
Doug Sombke is the President of Farmers Educational & Cooperative Union.
Official website here: www.sdfu.org
What is the revenue of Farmers Educational & Cooperative Union?
Farmers Educational & Cooperative Union's revenue in 2022 was $2,683,652.
Official website here: www.sdfu.org
Who are the executives of Farmers Educational & Cooperative Union and what are their salaries?
The average compensation at Farmers Educational & Cooperative Union during 2022 was $33,770. There are 18 employees at Farmers Educational & Cooperative Union.
Here are 11 key members and their salaries:
- Compensation: $193,850
- Related: $0
- Other: $36,753
- Compensation: $108,430
- Related: $0
- Other: $0
- Compensation: $2,800
- Related: $0
- Other: $0
- Compensation: $2,700
- Related: $0
- Other: $0
- Compensation: $2,700
- Related: $0
- Other: $0
- Compensation: $2,500
- Related: $0
- Other: $0
- Compensation: $2,300
- Related: $0
- Other: $0
- Compensation: $2,100
- Related: $0
- Other: $0
- Compensation: $2,000
- Related: $0
- Other: $0
- Compensation: $1,900
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.sdfu.org
Where can I find the form 990 for Farmers Educational & Cooperative Union?
Farmers Educational & Cooperative Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sdfu.org
Learn more at the official website: www.sdfu.org
Mission Statement of Farmers Educational & Cooperative Union
The Farmers Educational & Cooperative Union is dedicated to supporting initiatives and programs that foster economic growth and cultural vitality in rural South Dakota. In line with this mission, the organization engages in various activities, such as providing educational programs and distributing relevant information to the youth of the region. During the recent period, the Union hosted approximately 30 youth camps across South Dakota, attracting around 600 participants. Additionally, the Union sponsored a Safety Quiz Bowl for over 80 high schoolers during the state's FFA convention. Furthermore, the Union extended financial aid to five deserving area youth through scholarships. By engaging in these activities, the Farmers Educational & Cooperative Union contributes to the overall development of rural South Dakota, promoting both economic prosperity and cultural enrichment.
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Impact
October, 2024
Farmers Educational & Cooperative Union plays a significant role in enhancing the economic prosperity and cultural vitality of rural South Dakota. By providing educational programs, the organization directly impacts the youth of the region.
Through initiatives such as hosting 30 youth camps with approximately 600 attendees, it fosters knowledge and engagement among the younger generation. The union also emphasizes safety and skill development by sponsoring a safety quiz bowl for over 80 high schoolers at the state's FFA convention. Additionally, the provision of five $500 scholarships demonstrates a commitment to supporting educational advancement for area youth.
These efforts not only enrich individual lives but also strengthen the community, fostering a more informed and engaged citizenry that can contribute positively to rural South Dakota's economic and cultural landscape.
This information is meant to be a general summary of Farmers Educational & Cooperative Union. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,201,351
- Program Service Revenue: $226,179
- Gross Receipts: $2,940,983
Assets and Liabilities:
- Total Assets: $38,274,413
- Total Liabilities: $3,062,670
- Net Assets: $35,211,743
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EDUCATIONAL CAMPS/CONFERENCES
Revenue
$123,145
STATE FAIR/SHOWS/CONVENTION
Revenue
$75,000
CONVENTION SPONSORSHIPS
Revenue
$15,000
NEWSLETTER ADVERTISING
Revenue
$12,000
RURAL DEVELOPMENT PROGRAMS
Revenue
$1,034
Organization Details
Founding Year
1915
Phone
(605) 352-6761Principal Officer
Doug Sombke
Main Address
1410 DAKOTA AVENUE S, HURON, SD, 57350
Website
www.sdfu.orgNTEE Category
Code: K20 - Food
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