Overview
What is The Farm Credit Council?
The Farm Credit Council, based in Washington D.C., serves as a representative body for the legislative and regulatory interests of cooperative farm lenders. This nonprofit organization operates as a network of privately-owned banks and associations providing credit and related services to farmers, ranchers, fishermen, and farm-related businesses. The system is cooperatively owned by its customers, with a total workforce of 18 individuals. The Farm Credit Council monitors and informs its members about proposed legislation or actions that could potentially impact the Farm Credit System, ensuring the system's interests are well-represented.
Official website here: www.fcccouncil.com
Is The Farm Credit Council legitimate?
The Farm Credit Council is a legitimate nonprofit organization registered as a 501(c)(6) entity. The Farm Credit Council 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: $3,742,233
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,167,808
For more financial information, click here
Official website here: www.fcccouncil.com
What is the mission statement of The Farm Credit Council?
The Farm Credit Council serves as the representative voice for cooperative farm lenders across the United States. Their mission is to safeguard the legislative and regulatory interests of the institutions constituting the Farm Credit System. The Farm Credit System is a nationwide network of privately-owned banks and associations that offer credit and associated services to farmers, ranchers, fishermen, and farm-related businesses. The banks, associations, and service organizations within the system are all customer-owned and cooperatively operated.
Official website here: www.fcccouncil.com
Who is the CEO of The Farm Credit Council?
Larry Todd Van Hoose is the CEO of The Farm Credit Council The CEO's salary of The Farm Credit Council is $935,475 and their total compensation is $1,015,489.
Official website here: www.fcccouncil.com
What is the revenue of The Farm Credit Council?
The Farm Credit Council's revenue in 2023 was $13,330,987.
Official website here: www.fcccouncil.com
Who are the executives of The Farm Credit Council and what are their salaries?
The average compensation at The Farm Credit Council during 2023 was $272,780. There are 18 employees at The Farm Credit Council.
Here are 38 key members and their salaries (The Farm Credit Council's CEO's salary is $935,475 and their total compensation is $1,015,489):
- Compensation: $35,060
- Related: $0
- Other: $0
- Compensation: $37,567
- Related: $0
- Other: $0
- Compensation: $34,665
- Related: $0
- Other: $0
- Compensation: $35,800
- Related: $0
- Other: $0
- Compensation: $33,390
- Related: $0
- Other: $0
- Compensation: $35,060
- Related: $0
- Other: $0
- Compensation: $35,060
- Related: $0
- Other: $0
- Compensation: $34,075
- Related: $0
- Other: $0
- Compensation: $34,464
- Related: $0
- Other: $0
- Compensation: $33,390
- Related: $0
- Other: $0
- Compensation: $33,390
- Related: $0
- Other: $0
- Compensation: $33,390
- Related: $0
- Other: $0
- Compensation: $33,390
- Related: $0
- Other: $0
- Compensation: $34,170
- Related: $0
- Other: $0
- Compensation: $33,390
- Related: $0
- Other: $0
- Compensation: $33,390
- Related: $0
- Other: $0
- Compensation: $33,390
- Related: $0
- Other: $0
- Compensation: $33,390
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $33,390
- Related: $0
- Other: $0
- Compensation: $26,643
- Related: $0
- Other: $0
- Compensation: $34,314
- Related: $0
- Other: $0
- Compensation: $33,390
- Related: $0
- Other: $0
- Compensation: $935,475
- Related: $0
- Other: $80,014
- Compensation: $260,892
- Related: $0
- Other: $0
- Compensation: $416,116
- Related: $0
- Other: $53,560
- Compensation: $0
- Related: $280,849
- Other: $48,929
- Compensation: $414,364
- Related: $0
- Other: $100,506
- Compensation: $320,295
- Related: $0
- Other: $90,380
- Compensation: $274,830
- Related: $0
- Other: $47,311
- Compensation: $212,041
- Related: $0
- Other: $18,872
- Compensation: $217,192
- Related: $0
- Other: $27,257
- Compensation: $237,477
- Related: $0
- Other: $35,651
- Compensation: $161,022
- Related: $0
- Other: $41,217
- Compensation: $135,539
- Related: $0
- Other: $37,502
- Compensation: $157,406
- Related: $0
- Other: $26,552
- Compensation: $115,178
- Related: $0
- Other: $18,156
- Compensation: $128,569
- Related: $0
- Other: $13,127
Official website here: www.fcccouncil.com
Where can I find the form 990 for The Farm Credit Council?
The Farm Credit Council's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.fcccouncil.com
Learn more at the official website: www.fcccouncil.com
Mission Statement of The Farm Credit Council
The Farm Credit Council, a prominent organization, champions the legislative and regulatory interests of cooperative farm lenders. This council represents the institutions constituting the Farm Credit System, a nationwide network of privately-owned banks and associations. These financial institutions provide credit and related services to farmers, ranchers, fishermen, and farm-related businesses across the country. The unique characteristic of this system is that the banks, associations, and service organizations are all owned directly or indirectly by their customers and operated on a cooperative basis. By advocating on their behalf, The Farm Credit Council ensures the continued success and growth of these vital institutions. The council's efforts contribute significantly to the agricultural sector by ensuring access to essential credit services for farmers and rural businesses. This, in turn, supports the economic stability and growth of rural communities. The Farm Credit Council's unwavering commitment to its mission strengthens the agricultural industry and helps maintain the viability of rural businesses, ensuring that they continue to thrive in an ever-changing economic landscape.
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Impact
October, 2024
The Farm Credit Council plays a pivotal role in representing the legislative and regulatory interests of cooperative farm lenders. By actively monitoring and informing its members about proposed legislation, policies, rulings, and regulations at both federal and state levels, the Council ensures that the voices of its members are heard in critical discussions that can impact the Farm Credit System. This system comprises a nationwide network of privately-owned banks and associations dedicated to providing credit and related services to farmers, ranchers, fishermen, and farm-related businesses.
By advocating for favorable policies and regulations, the Farm Credit Council enhances the operational environment for these lenders, promoting stability and growth within the agricultural sector. Their efforts not only help strengthen the financial foundation of agricultural businesses but also contribute to community improvement by ensuring that rural economies can thrive through accessible financial resources. In summary, the Farm Credit Council’s impact extends beyond advocacy; it fosters a cooperative ecosystem that supports the diverse needs of those involved in agriculture and related industries.
This information is meant to be a general summary of The Farm Credit Council. 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 2023.
- Investment Income: $99,385
- Program Service Revenue: $13,248,012
- Gross Receipts: $29,604,191
Assets and Liabilities:
- Total Assets: $32,813,320
- Total Liabilities: $9,578,518
- Net Assets: $23,234,802
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$10,240,743
REGISTRATION INCOME
Revenue
$2,989,969
SPONSORSHIP REVENUE
Revenue
$17,300
Organization Details
Founding Year
1989
Principal Officer
Brad Langan
Website
www.fcccouncil.comNTEE Category
Code: S41 - Community improvement
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