UNION COUNTY FARM BUREAU INC

EIN: 560787025

MONROE, NC

Total Revenue
$296,475
Total Expenses
$373,021
Total Assets
$3,116,236
Net Assets
$1,687,361
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1963
Legal Domicile
NC
Principal Officer
JEFF BROADAWAY
Phone
7042894509
Tax Period
2025-01-01 to 2025-12-31

UNION COUNTY FARM BUREAU INC, founded in 1963, is a small nonprofit that reported $296K in total revenue in fiscal year 2025. Revenue decreased 18% compared to the prior year. Expenses of $373K exceeded revenue, resulting in a 26% operating deficit.

Mission

PRIVATE, NON-PROFIT ORGANIZATION CREATED TO DEVELOP, FOSTER, PROMOTE AND PROTECT PROGRAMS FOR THE WELFARE OF FARM PEOPLE, INCLUDING THEIR ECONOMIC, SOCIAL AND EDUCATIONAL WELL-BEING.

Program Service Accomplishments

Program 1

POLICY DEVELOPMENT- MEMBERS WORKING IN COMMITTEES INVOLVED AT THE COUNTY, DISTRICT AND STATE LEVELS TO IDENTIFY ISSUES IMPORTANT TO THE WELL BEING OF AGRICULTURE AND DEVELOPING PUBLIC POLICIES ON...

Read more

POLICY DEVELOPMENT- MEMBERS WORKING IN COMMITTEES INVOLVED AT THE COUNTY, DISTRICT AND STATE LEVELS TO IDENTIFY ISSUES IMPORTANT TO THE WELL BEING OF AGRICULTURE AND DEVELOPING PUBLIC POLICIES ON SUCH ISSUES TO PURSUE THROUGH THE LEGISLATIVE AND REGULATORY PROCESS.

Program 2

PUBLIC AWARENESS ACTIVITIES - TO INFORM THE PUBLIC OF THE IMPORTANCE OF AGRICULTURE TO THE ECONOMY OF THE COUNTY. COORDINATED AND HELPED TO SPONSER EVENTS WITH OTHER AGRICULTURE AND COMMUNITY GROUPS...

Read more

PUBLIC AWARENESS ACTIVITIES - TO INFORM THE PUBLIC OF THE IMPORTANCE OF AGRICULTURE TO THE ECONOMY OF THE COUNTY. COORDINATED AND HELPED TO SPONSER EVENTS WITH OTHER AGRICULTURE AND COMMUNITY GROUPS TO RAISE THE PUBLIC AWARENESS OF AGRICULTURAL ENTERPRISES WITHIN THE COUNTY AND TO INCREASE FARMER'S PRODUCTION KNOWLEDGE.

Program 3

AGRICULTURAL LEADERSHIP DEVELOPMENT -PLANNED, CONDUCTED AND SUPPORTED ACTIVITIES FOR YOUTH AND ADULTS INVOLVED IN AGRICULTURE THAT PROVIDED OPPORTUNITIES TO EXPLORE THE AGRICULTURAL INDUSTRY AND...

Read more

AGRICULTURAL LEADERSHIP DEVELOPMENT -PLANNED, CONDUCTED AND SUPPORTED ACTIVITIES FOR YOUTH AND ADULTS INVOLVED IN AGRICULTURE THAT PROVIDED OPPORTUNITIES TO EXPLORE THE AGRICULTURAL INDUSTRY AND DEVELOP LEADERSHIP SKILLS. THESE ACTIVITIES INCLUDED COLLEGE SCHOLARSHIPS FOR STUDENTS MAJORING IN AN AGRICULTURAL FIELD OF STUDY, INSTITUTE FOR FUTURE AGRICULTURAL LEADERSHIP AND VARIOUS LEADERSHIP CONFERENCES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $308,550
Program Service Revenue $0
Investment Income $13,971
Other Revenue $-26,046
TOTAL REVENUE $296,475

Expense Breakdown

Grants Paid $27,840
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $345,181
TOTAL EXPENSES $373,021

Year-over-Year Comparison

2025 2024 Change
Revenue $296,475 $363,031 -0.2%
Expenses $373,021 $310,583 +0.2%
Net Income $-76,546 $52,448 -2.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
18
Independent Members
18
Employees
N/A
Volunteers
720

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$0
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFF BROADAWAY PRESIDENT 0.70
Officer Director
$0 $0 $0
RON COX MEMBER-BOD 0.70
Director
$0 $0 $0
GEOFF DIETRICH V-PRESIDENT 0.70
Officer Director
$0 $0 $0
BRAD HARGETT SECRETARY 0.70
Officer Director
$0 $0 $0
ELTON BRASWELL MEMBER-BOD 0.70
Director
$0 $0 $0
KENNETH MILLS MEMBER-BOD 0.70
Director
$0 $0 $0
FRANK HOWEY MEMBER-BOD 0.70
Director
$0 $0 $0
DREW MEDLIN 2ND V-PRESID 0.70
Officer Director
$0 $0 $0
EMMETT MARSH TREASURER 0.70
Officer Director
$0 $0 $0
RAY PHILLIPS MEMBER-BOD 0.70
Director
$0 $0 $0
LOGAN WATSON MEMBER-BOD 0.70
Director
$0 $0 $0
BRYAN REDFERN MEMBER-BOD 0.70
Director
$0 $0 $0
EVERETT LITTLE MEMBER-BOD 0.70
Director
$0 $0 $0
JAMES HOWIE MEMBER-BOD 0.70
Director
$0 $0 $0
ROBERT NESBIT MEMBER-BOD 0.70
Director
$0 $0 $0
GENE PRICE MEMBER-BOD 0.70
Director
$0 $0 $0
CAMERON SIMPSON MEMBER-BOD 0.70
Director
$0 $0 $0
FRANCIS DAVIS MEMBER-BOD 0.70
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $296,475 $373,021 $3,116,236 $-76,546
2024 $363,031 $310,583 $2,825,772 $52,448
2023 $347,277 $311,051 $1,712,172 $36,226
2022 $351,261 $273,534 $1,675,615 $77,727
2021 $345,922 $267,869 $1,597,888 $78,053
2020 $348,346 $248,590 $1,519,835 $99,756
2019 $334,186 $258,504 $1,420,079 $75,682
2018 $318,278 $266,470 $1,344,397 $51,808
Explore More Nonprofits
Top 100 Nonprofits in North Carolina Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare UNION COUNTY FARM BUREAU INC with other nonprofits in North Carolina and across the country.