Overview
What is Illinois Farm Business Farm Management Association?
The Illinois Farm Business Farm Management Association, located at 1101 WEST PEABODY DR 165, Urbana, Illinois, is a nonprofit organization dedicated to educating farm operators in essential business analysis and accounting skills. With a team of 260 employees, they strive to enhance the financial management capabilities of farmers, ultimately contributing to the long-term success of their operations. This organization's mission is centered around delivering valuable business training to help farmers make informed decisions and navigate the complexities of managing a farm business.
Official website here: www.fbfm.org
Is Illinois Farm Business Farm Management Association legitimate?
Illinois Farm Business Farm Management Association is a legitimate nonprofit organization registered as a 501(c)(5) entity. Illinois Farm Business Farm Management Association 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 not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $1,021,992
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,406,173
For more financial information, click here
Official website here: www.fbfm.org
What is the mission statement of Illinois Farm Business Farm Management Association?
The Illinois Farm Business Farm Management Association focuses on imparting essential business analysis and accounting skills to farmers. Their mission is geared towards empowering farm operators with the necessary knowledge to effectively manage their agricultural businesses. Through various teaching methods, they aim to enhance the financial literacy and managerial abilities of farmers. By providing hands-on training and practical tools, they enable farmers to make informed decisions and ensure the sustainability and profitability of their operations.
Official website here: www.fbfm.org
Who is the CEO of Illinois Farm Business Farm Management Association?
Bob Rhea is the President of Illinois Farm Business Farm Management Association. The CEO's salary of Illinois Farm Business Farm Management Association is $220,195 and their total compensation is $245,206.
Official website here: www.fbfm.org
What is the revenue of Illinois Farm Business Farm Management Association?
Illinois Farm Business Farm Management Association's revenue in 2023 was $17,094,430.
Official website here: www.fbfm.org
Who are the executives of Illinois Farm Business Farm Management Association and what are their salaries?
The average compensation at Illinois Farm Business Farm Management Association during 2023 was $40,108. There are 260 employees at Illinois Farm Business Farm Management Association.
Here are 21 key members and their salaries (Illinois Farm Business Farm Management Association's CEO's salary is $220,195 and their total compensation is $245,206):
- James Mccabe (Vp Of Innovation)
- Bob Rhea (Ceo)
- Scott Newport (Regional Vp)
- John Hudson (Field Staff)
- David Yandell (Regional Vp)
- Roberta Boarma (Vp Region 1)
- Jeff Johnson (Field Staff)
- Tom Connors (Secretary) [Trustee/Director]
- Randy Sims (Director)
- Gary Ash (Treasurer) [Trustee/Director]
- Bryan Fesser (Director)
- Darrell Stitzel (Vice President) [Trustee/Director]
- Ron Pierson (President) [Trustee/Director]
- Chris Hausman (Past President) [Trustee/Director]
- Mike Cunningham (Director)
- Carrie Muehling Vogel (Director)
- Tom Schlatter (Past Vp) [Trustee/Director]
- Kevin Maloney (Past Director)
- Alvin Barrow (Director)
- John Robinson (Director)
- Laura Longeville (Director)
Official website here: www.fbfm.org
Where can I find the form 990 for Illinois Farm Business Farm Management Association?
The Illinois Farm Business Farm Management Association’s most recent form 990 was submitted in 2023 and can be accessed here
Official website here: www.fbfm.org
Learn more at the official website: www.fbfm.org
Mission Statement of Illinois Farm Business Farm Management Association
Illinois Farm Business Farm Management Association, with its mission, focuses on imparting essential business analysis and accounting skills to farm operators. The organization takes a proactive role in enhancing the financial literacy of farmers, enabling them to effectively manage their agricultural businesses. By providing comprehensive training, Illinois Farm Business Farm Management Association empowers farm operators to make informed decisions and navigate the complexities of agricultural finance.
The Association's role extends beyond just teaching technical skills. Through its expert guidance and resources, it encourages a culture of financial responsibility among farmers. By improving their understanding of business principles and financial management, Illinois Farm Business Farm Management Association enables farmers to build sustainable and profitable agricultural businesses.
Moreover, the Association's commitment to empowering farmers goes beyond the realm of pure business. By fostering a strong financial foundation, it helps farmers secure their livelihoods and create a stable future for their families and communities. The Association's mission is a vital step towards ensuring the long-term success of farming operations in Illinois and beyond.
Impact
This information is meant to be a general summary of Illinois Farm Business Farm Management Association. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The Illinois Farm Business Farm Management Association's impact lies in equipping farm operators with crucial business analysis and accounting skills. By providing education in these areas, the association directly contributes to the improvement of agricultural businesses in Illinois. This, in turn, helps farmers make informed decisions, enhance productivity, increase efficiency, and ultimately sustain and grow their operations. Through its focused teaching efforts, the Illinois Farm Business Farm Management Association plays a vital role in strengthening the financial health and viability of farms in the region.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER INCOME
Revenue
$435,692
Organization Details
Founding Year
1969
Phone
(217) 333-5511
Principal Officer
Bob Rhea
Main Address
1101 WEST PEABODY DR 165, URBANA, IL, 61801
Website
www.fbfm.org
NTEE Category
Code: K20 - Food
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