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Nonprofit · EIN 56-0340590

NORTH CAROLINA FARM BUREAU FEDERATION INC

Tax-exempt · RALEIGH, NC 27612

Financials

$17.7M$16.5M2023$18.6M$17.3M2024
Revenue Expenses · by fiscal year end
Financials of NORTH CAROLINA FARM BUREAU FEDERATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$18,584,974$17,322,575$1,262,399$63,356,844$19,175,069$44,181,775
December 31, 2023990$17,745,700$16,494,455$1,251,245$56,882,714$15,292,430$41,590,284
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$9,583,635
Membership dues
$9,583,635
Program service revenue
$4,682,821
Investment income
$3,675,553
Royalties
$367,517
Net rental income
$274,368
Net gain from sales of assets
$377,832
Other revenue
$642,965

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$5,846,145
Salaries, compensation and benefits (total)
$7,853,512
Professional fundraising fees
$0
Legal fees
$3,481
Accounting fees
$22,285
Travel
$786,197
Depreciation
$421,718

Balance sheet and other

Total assets, start of year
$56,882,714
Total assets, end of year
$63,356,844
Total liabilities, end of year
$19,175,069
Net assets, end of year
$44,181,775
Land, buildings and equipment
$10,142,145
Publicly traded securities
$28,719,483
Net assets without donor restrictions
$44,181,775
Gross unrelated business income
$3,406,821
Gross receipts
$29,116,743
Employees
54
Year formed
1936
State of legal domicile
NC

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, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
W SHAWN B HARDINGPRESIDENT
Officer
–$344,740$93,666
JAKE PARKERSECRETARY
Officer
18$273,600$65,487
MATT CURRINTREASURER
Officer
22$243,070$80,596
PAUL SHERMANASST TO THE
Officer
40$200,080$72,187
SCOTT WHITFORDVICE PRESIDE
Trustee or director, Officer
14$0$0
ELAINE FRYARVICE PRESIDE
Trustee or director, Officer
14$0$0
JERRY WYANTVICE PRESIDE
Trustee or director, Officer
14$0$0
GREG BUNNDIRECTOR
Trustee or director
–$0$0
STEVE NELMSDIRECTOR
Trustee or director
–$0$0
STAURT PIERCEDIRECTOR
Trustee or director
–$0$0
GWEN PITTDIRECTOR
Trustee or director
–$0$0
A O ROBERTSDIRECTOR
Trustee or director
–$0$0
KELLY VANNDIRECTOR
Trustee or director
–$0$0
MIKE GAYDIRECTOR
Trustee or director
–$0$0
GLEN IPOCKDIRECTOR
Trustee or director
–$0$0
47 more people on this return
NameTitleHours / weekCompensation
ALTON ROBERSONDIRECTOR
Trustee or director
–$0
WAYNE ROSEDIRECTOR
Trustee or director
–$0
L M SIMMONSDIRECTOR
Trustee or director
–$0
KEITH BEAVERSDIRECTOR
Trustee or director
–$0
RANDY BRITTDIRECTOR
Trustee or director
–$0
TALMADGE LAYTONDIRECTOR
Trustee or director
–$0
TOMMY L HOBBSDIRECTOR
Trustee or director
–$0
HARRELL OVERMANDIRECTOR
Trustee or director
–$0
AJ STANALANDDIRECTOR
Trustee or director
–$0
EELCO H TINGA JRDIRECTOR
Trustee or director
–$0
MARK WELLONSDIRECTOR
Trustee or director
–$0
DAVID ALLREDDIRECTOR
Trustee or director
–$0
WAYNE COLLIERDIRECTOR
Trustee or director
–$0
R H BYRD JRDIRECTOR
Trustee or director
–$0
ANTHONY LOCKLEARDIRECTOR
Trustee or director
–$0
THOMAS SHAWDIRECTOR
Trustee or director
–$0
JACKIE THOMPSONDIRECTOR
Trustee or director
–$0
COLEMAN WHITFIELDDIRECTOR
Trustee or director
–$0
CHARLES LUTTERLOHDIRECTOR
Trustee or director
–$0
DOUG PATTERSONDIRECTOR
Trustee or director
–$0
MARK PENDLETONDIRECTOR
Trustee or director
–$0
RICHARD RENEGARDIRECTOR
Trustee or director
–$0
GEORGE SMITHDIRECTOR
Trustee or director
–$0
FAYLENE WHITAKERDIRECTOR
Trustee or director
–$0
VAUGHN WILLOUGHBYDIRECTOR
Trustee or director
–$0
KENNETH WRIGHTDIRECTOR
Trustee or director
–$0
CHARLES HERLOCKERDIRECTOR
Trustee or director
–$0
JIM HOWIEDIRECTOR
Trustee or director
–$0
DAN HUNSUCKERDIRECTOR
Trustee or director
–$0
DENNIS MARTINDIRECTOR
Trustee or director
–$0
KEVIN MARTINDIRECTOR
Trustee or director
–$0
EDDIE STROUPDIRECTOR
Trustee or director
–$0
LARRY TAYLORDIRECTOR
Trustee or director
–$0
JUDY BAREDIRECTOR
Trustee or director
–$0
JERRY DAVISDIRECTOR
Trustee or director
–$0
DANNY HODGESDIRECTOR
Trustee or director
–$0
KIRK MATHISDIRECTOR
Trustee or director
–$0
JAMES NATIONDIRECTOR
Trustee or director
–$0
LOUIS SHOREDIRECTOR
Trustee or director
–$0
BENITA ENGLANDDIRECTOR
Trustee or director
–$0
BRIAN GREENEDIRECTOR
Trustee or director
–$0
BILL TEAGUEDIRECTOR
Trustee or director
–$0
DONALD SMARTDIRECTOR
Trustee or director
–$0
KEVIN WILSONDIRECTOR
Trustee or director
–$0
CARL BONDDIRECTOR
Trustee or director
–$0
CINDY STROUPDIRECTOR
Trustee or director
–$0
RUSSELL WATERSDIRECTOR
Trustee or director
–$0
990 for the year ended December 31, 2023: 63 people
NameTitleHours / weekCompensation
W SHAWN B HARDINGPRESIDENT
Officer
14$0
SCOTT WHITFORDVICE PRESIDE
Trustee or director, Officer
14$0
ELAINE FRYARVICE PRESIDE
Trustee or director, Officer
14$0
JERRY WYANTVICE PRESIDE
Trustee or director, Officer
14$0
JAKE PARKERSECRETARY
Officer
18$0
MATT CURRINTREASURER
Officer
22$0
PAUL SHERMANASST TO THE
Officer
40$0
GREG BUNNDIRECTOR
Trustee or director
0$0
STEVE NELMSDIRECTOR
Trustee or director
0$0
STAURT PIERCEDIRECTOR
Trustee or director
0$0
GWEN PITTDIRECTOR
Trustee or director
0$0
A O ROBERTSDIRECTOR
Trustee or director
0$0
KELLY VANNDIRECTOR
Trustee or director
0$0
EDDIE STROUPDIRECTOR
Trustee or director
0$0
DENNIS MARTINDIRECTOR
Trustee or director
0$0
KEVIN MARTINDIRECTOR
Trustee or director
0$0
JAMES NATIONDIRECTOR
Trustee or director
0$0
KIRK MATHISDIRECTOR
Trustee or director
0$0
LARRY TAYLORDIRECTOR
Trustee or director
0$0
DAN HUNSUCKERDIRECTOR
Trustee or director
0$0
RICHARD RENEGARDIRECTOR
Trustee or director
0$0
GEORGE SMITHDIRECTOR
Trustee or director
0$0
JIM HOWIEDIRECTOR
Trustee or director
0$0
CHARLES LUTTERLOHDIRECTOR
Trustee or director
0$0
KENNETH WRIGHTDIRECTOR
Trustee or director
0$0
VAUGHN WILLOUGHBYDIRECTOR
Trustee or director
0$0
RICHARD WHITAKERDIRECTOR
Trustee or director
0$0
MATTHEW TAYLORDIRECTOR
Trustee or director
0$0
DANNY HODGESDIRECTOR
Trustee or director
0$0
CARL BONDDIRECTOR
Trustee or director
0$0
KEVIN WILSONDIRECTOR
Trustee or director
0$0
CHARLES HERLOCKERDIRECTOR
Trustee or director
0$0
RENEE MCPHERSONDIRECTOR
Trustee or director
0$0
DONALD SMARTDIRECTOR
Trustee or director
0$0
JUDY BAREDIRECTOR
Trustee or director
0$0
JERRY DAVISDIRECTOR
Trustee or director
0$0
JUSTIN SOMERSDIRECTOR
Trustee or director
0$0
BILL TEAGUEDIRECTOR
Trustee or director
0$0
BENITA ENGLANDDIRECTOR
Trustee or director
0$0
BRIAN GREENEDIRECTOR
Trustee or director
0$0
L M SIMMONSDIRECTOR
Trustee or director
0$0
ALTON ROBERSONDIRECTOR
Trustee or director
0$0
WAYNE ROSEDIRECTOR
Trustee or director
0$0
GLEN IPOCKDIRECTOR
Trustee or director
0$0
MARK WELLONSDIRECTOR
Trustee or director
0$0
KEITH BEAVERSDIRECTOR
Trustee or director
0$0
CINDY STROUPDIRECTOR
Trustee or director
0$0
EELCO H TINGA JRDIRECTOR
Trustee or director
0$0
MIKE GAYDIRECTOR
Trustee or director
0$0
RANDY BRITTDIRECTOR
Trustee or director
0$0
TALMADGE LAYTONDIRECTOR
Trustee or director
0$0
JACKIE THOMPSONDIRECTOR
Trustee or director
0$0
MARK PENDLETONDIRECTOR
Trustee or director
0$0
DOUG PATTERSONDIRECTOR
Trustee or director
0$0
TOMMY L HOBBSDIRECTOR
Trustee or director
0$0
HARRELL OVERMANDIRECTOR
Trustee or director
0$0
JODY CLEMMONSDIRECTOR
Trustee or director
0$0
COLEMAN WHITFIELDDIRECTOR
Trustee or director
0$0
DAVID ALLREDDIRECTOR
Trustee or director
0$0
WAYNE COLLIERDIRECTOR
Trustee or director
0$0
R H BYRD JRDIRECTOR
Trustee or director
0$0
ANTHONY LOCKLEARDIRECTOR
Trustee or director
0$0
THOMAS SHAWDIRECTOR
Trustee or director
0$0

Address and contacts

Address (IRS master file)
5301 GLENWOOD AVE, RALEIGH, NC 27612-3244
Principal officer (990 for 2024)
W SHAWN B HARDING, PO BOX 27766, RALEIGH, NC 27611
Signed the 990
MATT CURRIN, TREASURER
Phone
(919) 782-1705
Website
NCFB.ORG
Return prepared by
A T ALLEN & COMPANY LLP CPAS

Mission

NORTH CAROLINA FARM BUREAU WAS ORGANIZED AS A GENERAL FARM ORGANIZATION TO ADVANCE, IMPROVE AND PROMOTE THE AGRICULTURAL INTEREST AND ECONOMIC WELL- BEING OF FARMERS.

990 for the year ended December 31, 2024

Program accomplishments

  • ADMINISTRATIVE AND MANAGEMENT EXPENSES TO SUPPORT THE PROGRAM ACHIEVEMENTS.
    Expenses $10,566,771
  • FIELD SERVICE AND AG IN THE CLASSROOM-NCFB FIELD SERVICES PROMOTES AND COORDINATES PROGRAM ACTIVITIES WITH 100 COUNTY FARM BUREAUS. FIELD SERVICES WORKS WITH PROGRAMS TO FOSTER THE FARM BUREAU MISSION. THE FOLLOWING ARE PROGRAMS FIELD SERVICES WORKS WITH. SAFETY PROGRAM IS EXECUTED BY COUNTY VOLUNTEERS. INSTITUITE FOR FUTURE AGRICULTURE LEADERS, HAD HIGH SCHOOL RISING SENIORS ATTEND THE ACADEMY. STUDENTS VISITED NCSU AND NCA&T UNIVERSITIES TO EXPERIENCE AG RELATED EDUCATION OPPORTUNITIES. OTHER INVOLVEMENTS INCLUDE THE NORTH CAROLINA ANIMAL AG COALITION,FARM CITY WEEK, FOOD CHECK OUT WEEK, FARM HERITAGE DAYS, AG HAULING HANDBOOK JUST TO MENTION A FEW. ASSIST THE AG IN THE CLASSROOM (AITC) STAFF WITH ITS PROGRAMS-AITC SPONSORED EVENTS. OVER 1,400 EDUCATORS WERE TRAINED AND OVER 50,000 STUDENTS WERE TAUGHT AITC CURRICULM. AITC SPONSORED PROFESSIONAL DEVELOPMENT TO 1,000 STUDENT TEACHERS AT 3 UNIVERSITIES. SUPPORTED THE LEAD AND WOMEN LEADERSHIP COMMITTEES.
    Expenses $2,425,161
  • PUBLIC POLICY AND LEGISLATIVE-NC FARM BUREAU IS A TRUE GRASSROOTS ORGANIZATION, HIGHLY STRESSING MEMBER INVOLVEMENT IN POLICY DEVELOPMENT AND IMPLEMENTATION. ALL NCFB POLICY POSITIONS BEGIN WITH RECOMMENDATIONS FROM THE 100 COUNTY ANNUAL MEETINGS, WHICH ARE REVIEWED BY ABOUT 120 MEMBERS AT THE STATE RESOLUTIONS COMMITTEE MEETING. THE RESOLUTIONS ARE VOTED ON BY 600 VOTING DELEGATES REPRESENTING THE ENTIRE STATE AT OUR ANNUAL MEETING. NCFB HAS APPROXIMATELY 585 MEMBERS SERVING ON 21 STATE ADVISORY COMMITTEES. THESE COMMITTEES MEET AT LEAST TWICE A YEAR. ONE OF THESE MEETINGS IS OUR POLICY REVIEW DAY WHEN OVER 400 PEOPLE ATTEND. NCFB HAD 10 MEMBERS SERVE ON AMERICAN FARM BUREAU COMMODITY COMMITTEES. NCFB DISTRIBUTED THE CAPITAL ROUNDUP (LEGISLATIVE NEWSLETTER) TO OVER 1,500 MEMBERS WEEKLY DURING THE LEGISLATIVE SEASON.
    Expenses $2,338,547
  • PUBLICATIONS-FARM BUREAU MAGAZINE IS PUBLISHED QUARTERLY AND MAILED TO APPROXIMATELY 600,000 MEMBERS. THE LEADER REACHES 3,500 MEMBERS MONTHLY. WEBSITE AND INTERNET TECHNOLOGY AND SOCIAL MEDIA ARE UTILIZED TO PROVIDE MEMBERS BETTER ACCESS TO PROGRAMS. WEB PORTALS ARE ESTABLISHED FOR SOME PROGRAMS. NCFB POST "DAILY BRIEFING" ON ITS WEBSITE FOCUSING ON CURRENT ISSUES RELEVANT TO OUR MEMBERSHIP. NCFB MAINTAINS ACTIVE FACEBOOK, GOOGLE +, TWITTER, YOUTUBE AND FLICKER PAGES. THESE MEDIUM ARE FREQUENTLY USED TO PUBLICIZE NCFB AND COUNTY LEGISLATIVE EVENTS AND PROMOTE ACTION ALERTS. NCFB'S YOUTUBE HAS MOER THAN 600 VIDEOS.
    Expenses $1,992,096

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
56-0340590
Tax-exempt status
501(c)(5): Labor, agricultural or horticultural organization
Donations deductible
No
Exempt since
1949
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$63,356,844
Income (IRS master file)
$29,116,743

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$18,584,974$17,322,575$63,356,844XML
990December 2023$17,745,700$16,494,455$56,882,714XML
990December 2022$16,377,743$16,635,073$51,412,817IRS
990December 2021–––IRS
990December 2020–––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 56-0340590).

Questions about NORTH CAROLINA FARM BUREAU FEDERATION INC

What is the EIN of NORTH CAROLINA FARM BUREAU FEDERATION INC?
The employer identification number (EIN) of NORTH CAROLINA FARM BUREAU FEDERATION INC is 56-0340590.
Is NORTH CAROLINA FARM BUREAU FEDERATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(5) since 1949.
Are donations to NORTH CAROLINA FARM BUREAU FEDERATION INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does NORTH CAROLINA FARM BUREAU FEDERATION 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 NORTH CAROLINA FARM BUREAU FEDERATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NORTH CAROLINA FARM BUREAU FEDERATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of NORTH CAROLINA FARM BUREAU FEDERATION INC?
The 990 for the year ended December 31, 2024 names W SHAWN B HARDING.
Who are the officers and directors of NORTH CAROLINA FARM BUREAU FEDERATION INC?
The 990 for the year ended December 31, 2024 lists 62 people; 4 received compensation from the organization, the highest $344,740 (W SHAWN B HARDING, PRESIDENT).
How much revenue does NORTH CAROLINA FARM BUREAU FEDERATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $18,584,974, expenses of $17,322,575 and total assets of $63,356,844 at year end.

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