Delaware State Farm Bureau Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 510064278 ✦ Camden, DE ✦ Designated as a 501(c)(5)

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Overview

What is Delaware State Farm Bureau Inc?

Delaware State Farm Bureau Inc, situated in Camden, Delaware, is a nonprofit organization with a strong commitment to the agriculture sector. They serve both locally and nationally, leveraging dues collected and funds raised. Their primary mission is to safeguard agriculture as a vital industry and lifestyle, while also offering collective benefits to their members. To achieve this, they engage in various activities, including supporting agricultural initiatives and providing group benefits for their members. The organization, with a modest team of 7 employees, operates with a focus on preserving and promoting the agricultural community in Delaware.


Official website here: www.defb.org

Is Delaware State Farm Bureau Inc legitimate?

Delaware State Farm Bureau Inc is a legitimate nonprofit organization registered as a 501(c)(5) entity. Delaware State Farm Bureau Inc 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: $40,653
Professional Fundraising Fees: $0
Other Salaries and Wages: $117,066

For more financial information, click here


Official website here: www.defb.org

What is the mission statement of Delaware State Farm Bureau Inc?

Delaware State Farm Bureau Inc's mission is centered around preserving agriculture as an essential industry and a valuable way of life. One of their key objectives is to offer group benefits to their members. They support both local and national agricultural organizations by sharing the dues they collect and funds they raise. Their mission is not just about maintaining agriculture, but also about enhancing the lives of their members through beneficial offerings.


Official website here: www.defb.org

Who is the CEO of Delaware State Farm Bureau Inc?

William E Powers Jr is the First Vice President of Delaware State Farm Bureau Inc.


Official website here: www.defb.org

What is the revenue of Delaware State Farm Bureau Inc?

Delaware State Farm Bureau Inc's revenue in 2022 was $803,388.


Official website here: www.defb.org

Who are the executives of Delaware State Farm Bureau Inc and what are their salaries?

The average compensation at Delaware State Farm Bureau Inc during 2022 was $22,531. There are 7 employees and 52 volunteers at Delaware State Farm Bureau Inc.


Here are 22 key members and their salaries:


Laura Hill (First Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stewart Ramsey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary B Gooden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
June Unruh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Bobola (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Constance Fox (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Minner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Powers Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Patrick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Breeding (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mollie Lynch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Abel Elwell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Powers Jr (Second Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Greer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Wilkins (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Dempsey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Bailey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ted Bobola Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jordan Betts (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Lynch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Marvel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.defb.org

Where can I find the form 990 for Delaware State Farm Bureau Inc?

Delaware State Farm Bureau Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.defb.org

Learn more at the official website: www.defb.org

Mission Statement of Delaware State Farm Bureau Inc

Delaware State Farm Bureau Inc, as a nonprofit organization, is dedicated to preserving agriculture as an industry and a way of life. Beyond this, the organization aims to provide group benefits to its members. By supporting county and national organizations through the collection of dues and funds raised, Delaware State Farm Bureau Inc plays a significant role in advocating for and sustaining the agricultural sector and its community members.

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Impact




October, 2024

Delaware State Farm Bureau Inc plays a critical role in preserving agriculture as both an industry and a way of life in the region. By supporting county and national organizations through the distribution of dues and funds raised, the Bureau enhances the agricultural community's vitality and sustainability. This organization not only advocates for farmers and agricultural interests but also facilitates the provision of group benefits for its members, effectively fostering a strong network of support among those involved in agriculture.

Their commitment to agriculture significantly impacts the local economy by promoting practices that sustain farming and related industries. The Bureau's initiatives help ensure that members have access to resources, representation, and benefits that bolster their operations and livelihoods. Ultimately, Delaware State Farm Bureau Inc strengthens the agricultural framework in Delaware, supporting local food production and preserving rural heritage for future generations.




This information is meant to be a general summary of Delaware State Farm Bureau Inc. 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.

Revenue
$803,388 (2022)
Expenses
$518,862 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $271,681
  • Program Service Revenue: $253,050
  • Gross Receipts: $2,104,611

Assets and Liabilities:

  • Total Assets: $6,091,840
  • Total Liabilities: $32,870
  • Net Assets: $6,058,970

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES

Revenue

$152,975

NATIONWIDE ENDORSER FEES AND INCE

Revenue

$94,095

DELAWARE FARM BUREAU NEWS ADVERTI

Revenue

$3,596

OTHER MEMBER SERVICE REVENUE

Revenue

$2,384

Organization Details

Founding Year

1950

Principal Officer

William E Powers Jr

Main Address

3457 SOUTH DUPONT HIGHWAY, CAMDEN, DE, 19934

NTEE Category

Code: K20 - Food

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