Nonprofit · EIN 54-6059848
NANSEMOND COUNTY FARM BUREAU INC
Tax-exempt · SUFFOLK, VA 23434
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $229,135 | $207,204 | $21,931 | $289,843 | $21,435 | $268,408 |
| December 31, 2024 | 990 | $224,521 | $192,514 | $32,007 | $268,604 | $22,127 | $246,477 |
| December 31, 2023 | 990 | $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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICHARD BAILEY | PRESIDENT Trustee or director, Officer | 2.31 | $0 |
| MIKE ELLIS | VICE PRESIDENT Trustee or director, Officer | 0.69 | $0 |
| RICHARD WILLIAMS | TREASURER Trustee or director, Officer | 0.88 | $0 |
| BENNY COPELAND | DIRECTOR Trustee or director | 0.19 | $0 |
| JASON HOLLAND | DIRECTOR Trustee or director | 0.38 | $0 |
| JOE BARLOW | DIRECTOR Trustee or director | 1.35 | $0 |
| RICHARD GWALTNEY | DIRECTOR Trustee or director | 1.88 | $0 |
| MONTE WALDEN | DIRECTOR Trustee or director | 0.12 | $0 |
| WAYNE BYRUM | DIRECTOR Trustee or director | 0.54 | $0 |
| DAVID BOSSELMAN | DIRECTOR Trustee or director | 1.31 | $0 |
990 for the year ended December 31, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICHARD BAILEY | PRESIDENT Trustee or director, Officer | 2.12 | $0 |
| MONTE WALDEN | VICE PRESIDENT Trustee or director, Officer | 0.23 | $0 |
| RICHARD WILLIAMS | TREASURER Trustee or director, Officer | 0.52 | $0 |
| RICHARD GWALTNEY | DIRECTOR Trustee or director | 1.85 | $0 |
| DAVID BOSSELMAN | DIRECTOR Trustee or director | 0.4 | $0 |
| JOSEPH BARLOW | DIRECTOR Trustee or director | 0.85 | $0 |
| WAYNE BYRUM | DIRECTOR Trustee or director | 0.46 | $0 |
| JASON HOLLAND | DIRECTOR Trustee or director | 0.31 | $0 |
| E MICHAEL ELLIS | DIRECTOR Trustee or director | 0.23 | $0 |
| BENNY COPELAND | DIRECTOR Trustee or director | 0.17 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICHARD GWALTNEY | PRESIDENT Trustee or director, Officer | 9.3 | $0 |
| MONTE WALDEN | VICE PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| RICHARD WILLIAMS | TREASURER Trustee or director, Officer | 2.2 | $0 |
| BENNY COPELAND | DIRECTOR Trustee or director | 0.35 | $0 |
| MIKE ELLIS | DIRECTOR Trustee or director | 0.4 | $0 |
| WAYNE BYRUM | DIRECTOR Trustee or director | 0.46 | $0 |
| JOE BARLOW | DIRECTOR Trustee or director | 0.73 | $0 |
| DAVID BOSSELMAN | DIRECTOR Trustee or director | 1.6 | $0 |
| JASON HOLLAND | DIRECTOR Trustee or director | 0.13 | $0 |
| TRAVIS BAILEY | DIRECTOR 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
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 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
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $229,135 | $207,204 | $289,843 | XML |
| 990 | December 2024 | $224,521 | $192,514 | $268,604 | XML |
| 990 | December 2023 | $205,894 | $179,848 | $243,568 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-EZ | December 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.
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