Skip to main content

Nonprofit · EIN 54-6059848

NANSEMOND COUNTY FARM BUREAU INC

Tax-exempt · SUFFOLK, VA 23434

Financials

$206K$180K2023$225K$193K2024$229K$207K2025
Revenue Expenses · by fiscal year end
Financials of NANSEMOND COUNTY FARM BUREAU INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$229,135$207,204$21,931$289,843$21,435$268,408
December 31, 2024990$224,521$192,514$32,007$268,604$22,127$246,477
December 31, 2023990$205,894$179,848$26,046$243,568$29,098$214,470
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$221,165
Investment income
$7,970
Other revenue
$0

Expenses

Grants and similar amounts paid
$2,300
Benefits paid to members
$1,125
Other salaries and wages
$89,657
Salaries, compensation and benefits (total)
$101,093
Professional fundraising fees
$0
Occupancy
$14,151
Depreciation
$979

Balance sheet and other

Total assets, start of year
$268,604
Total assets, end of year
$289,843
Total liabilities, end of year
$21,435
Net assets, end of year
$268,408
Land, buildings and equipment
$39,765
Gross receipts
$229,135
Employees
3
Volunteers
10
Year formed
1971
State of legal domicile
VA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
RICHARD BAILEYPRESIDENT
Trustee or director, Officer
2.31$0
MIKE ELLISVICE PRESIDENT
Trustee or director, Officer
0.69$0
RICHARD WILLIAMSTREASURER
Trustee or director, Officer
0.88$0
BENNY COPELANDDIRECTOR
Trustee or director
0.19$0
JASON HOLLANDDIRECTOR
Trustee or director
0.38$0
JOE BARLOWDIRECTOR
Trustee or director
1.35$0
RICHARD GWALTNEYDIRECTOR
Trustee or director
1.88$0
MONTE WALDENDIRECTOR
Trustee or director
0.12$0
WAYNE BYRUMDIRECTOR
Trustee or director
0.54$0
DAVID BOSSELMANDIRECTOR
Trustee or director
1.31$0
990 for the year ended December 31, 2024: 10 people
NameTitleHours / weekCompensation
RICHARD BAILEYPRESIDENT
Trustee or director, Officer
2.12$0
MONTE WALDENVICE PRESIDENT
Trustee or director, Officer
0.23$0
RICHARD WILLIAMSTREASURER
Trustee or director, Officer
0.52$0
RICHARD GWALTNEYDIRECTOR
Trustee or director
1.85$0
DAVID BOSSELMANDIRECTOR
Trustee or director
0.4$0
JOSEPH BARLOWDIRECTOR
Trustee or director
0.85$0
WAYNE BYRUMDIRECTOR
Trustee or director
0.46$0
JASON HOLLANDDIRECTOR
Trustee or director
0.31$0
E MICHAEL ELLISDIRECTOR
Trustee or director
0.23$0
BENNY COPELANDDIRECTOR
Trustee or director
0.17$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
RICHARD GWALTNEYPRESIDENT
Trustee or director, Officer
9.3$0
MONTE WALDENVICE PRESIDENT
Trustee or director, Officer
0.5$0
RICHARD WILLIAMSTREASURER
Trustee or director, Officer
2.2$0
BENNY COPELANDDIRECTOR
Trustee or director
0.35$0
MIKE ELLISDIRECTOR
Trustee or director
0.4$0
WAYNE BYRUMDIRECTOR
Trustee or director
0.46$0
JOE BARLOWDIRECTOR
Trustee or director
0.73$0
DAVID BOSSELMANDIRECTOR
Trustee or director
1.6$0
JASON HOLLANDDIRECTOR
Trustee or director
0.13$0
TRAVIS BAILEYDIRECTOR
Trustee or director
1.8$0

Address and contacts

Address (IRS master file)
607 W WASHINGTON ST, SUFFOLK, VA 23434-5756
In care of
% RICHARD T BAILEY
Principal officer (990 for 2025)
RICHARD BAILEY, 607 W WASHINGTON STREET, SUFFOLK, VA 23434
Signed the 990
RICHARD BAILEY, PRESIDENT
Phone
(757) 934-2321

Mission

NONE

990 for the year ended December 31, 2025

Program accomplishments

  • PUBLIC AFFAIRS - WE PROVIDE INFORMATION TO MEMBERS REGARDING COMMON PROBLEMS AFFECTED BY LOCAL, STATE AND FEDERAL LEGISLATION.
  • COMMODITIES - WORKING WITH SPECIALLY TRAINED STATE FARM BUREAU EMPLOYEES TO SOLVE COMMON PROBLEMS OF COMMODITY GROUPS WITHIN OUR MEMBERSHIP.
  • COMMUNICATIONS - DISTRIBUTION OF INFORMATION TO MEMBERS OF THE ORGANIZATION VIA NEWSLETTERS.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
54-6059848
Tax-exempt status
501(c)(5): Labor, agricultural or horticultural organization
Donations deductible
No
Exempt since
1945
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$289,843
Income (IRS master file)
$229,135

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$229,135$207,204$289,843XML
990December 2024$224,521$192,514$268,604XML
990December 2023$205,894$179,848$243,568XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2019–––IRS
990-EZDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 54-6059848).

Questions about NANSEMOND COUNTY FARM BUREAU INC

What is the EIN of NANSEMOND COUNTY FARM BUREAU INC?
The employer identification number (EIN) of NANSEMOND COUNTY FARM BUREAU INC is 54-6059848.
Is NANSEMOND COUNTY FARM BUREAU INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(5) since 1945.
Are donations to NANSEMOND COUNTY FARM BUREAU INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does NANSEMOND COUNTY FARM BUREAU INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of NANSEMOND COUNTY FARM BUREAU INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NANSEMOND COUNTY FARM BUREAU INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of NANSEMOND COUNTY FARM BUREAU INC?
The 990 for the year ended December 31, 2025 names RICHARD BAILEY.
Who are the officers and directors of NANSEMOND COUNTY FARM BUREAU INC?
The 990 for the year ended December 31, 2025 lists 10 people; 0 received compensation from the organization.
How much revenue does NANSEMOND COUNTY FARM BUREAU INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $229,135, expenses of $207,204 and total assets of $289,843 at year end.

Other nonprofits in SUFFOLK

All nonprofits in SUFFOLK · Virginia