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Nonprofit · EIN 56-6065267

FARM BUREAU INC-STANLY COUNTY

Tax-exempt · LOCUST, NC 28097

Financials

$181K$152K2023$186K$153K2024$113K$153K2025
Revenue Expenses · by fiscal year end
Financials of FARM BUREAU INC-STANLY COUNTY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$113,218$153,336-$40,118$2,159,510$1,107,663$1,051,847
December 31, 2024990$185,803$152,591$33,212$1,069,121$7,474$1,061,647
December 31, 2023990$180,756$152,189$28,567$1,027,946$0$1,027,946
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$137,250
Membership dues
$137,250
Program service revenue
$0
Investment income
$1,586
Net rental income
-$25,618
Net gain from sales of assets
-$14,803
Other revenue
-$25,618

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$875
Occupancy
$14,156

Balance sheet and other

Total assets, start of year
$1,069,121
Total assets, end of year
$2,159,510
Total liabilities, end of year
$1,107,663
Net assets, end of year
$1,051,847
Land, buildings and equipment
$1,665,674
Publicly traded securities
$304,762
Net assets without donor restrictions
$1,051,847
Gross unrelated business income
-$57,772
Gross receipts
$407,132
Employees
0
Volunteers
356
Year formed
1963
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, 2025, highest compensation first.

NameTitleHours / weekCompensation
CHARLES HERLOCKERMEMBER-BOD
Trustee or director
0.15$0
LAURA HATLEYMEMBER-BOD
Trustee or director
0.15$0
RONNIE BURLESONMEMBER-BOD
Trustee or director
0.15$0
JAMIE CARRICKMEMBER-BOD
Trustee or director
0.15$0
GARY HATLEYPRESIDENT
Trustee or director, Officer
0.15$0
FRANK LEESECRETARY
Trustee or director, Officer
0.15$0
ANDREW BURLESONTREASURER
Trustee or director, Officer
0.15$0
CURTIS FURRV-PRESIDENT
Trustee or director, Officer
0.15$0
BUTCH BROOKSMEMBER-BOD
Trustee or director
0.15$0
HAZEL EFIRDMEMBER-BOD
Trustee or director
0.15$0
JEREMY MCSWAINMEMBER-BOD
Trustee or director
0.15$0
TED HATLEYMEMBER-BOD
Trustee or director
0.15$0
JARRETT SMITHMEMBER-BOD
Trustee or director
0.15$0
DAVID UNDERWOODMEMBER-BOD
Trustee or director
0.15$0
STACEY MARTINMEMBER-BOD
Trustee or director
0.15$0
1 more people on this return
NameTitleHours / weekCompensation
TANNER CARRICKMEMBER-BOD
Trustee or director
0.15$0
990 for the year ended December 31, 2024: 16 people
NameTitleHours / weekCompensation
BUTCH BROOKSMEMBER-BOD
Trustee or director
0.25$0
CHARLES HERLOCKERMEMBER-BOD
Trustee or director
0.25$0
TED HATLEYMEMBER-BOD
Trustee or director
0.25$0
TANNER CARRICKMEMBER-BOD
Trustee or director
0.25$0
STACEY MARTINMEMBER-BOD
Trustee or director
0.25$0
GARY HATLEYPRESIDENT
Trustee or director, Officer
0.25$0
HAZEL EFIRDMEMBER-BOD
Trustee or director
0.25$0
LAURA HATLEYMEMBER-BOD
Trustee or director
0.25$0
DAVID UNDERWOODMEMBER-BOD
Trustee or director
0.25$0
FRANK LEESECRETARY
Trustee or director, Officer
0.25$0
ANDREW BURLESONTREASURER
Trustee or director, Officer
0.25$0
CURTIS FURRV-PRESIDENT
Trustee or director, Officer
0.25$0
RONNIE BURLESONMEMBER-BOD
Trustee or director
0.25$0
JEREMY MCSWAINMEMBER-BOD
Trustee or director
0.25$0
JAMIE CARRICKMEMBER-BOD
Trustee or director
0.25$0
JARRETT SMITHMEMBER-BOD
Trustee or director
0.25$0
990 for the year ended December 31, 2023: 16 people
NameTitleHours / weekCompensation
CHARLES HERLOCKERMEMBER-BOD
Trustee or director
0.25$0
LAURA HATLEYMEMBER-BOD
Trustee or director
0.25$0
RONNIE BURLESONMEMBER-BOD
Trustee or director
0.25$0
JAMIE CARRICKMEMBER-BOD
Trustee or director
0.25$0
GARY HATLEYPRESIDENT
Trustee or director, Officer
0.25$0
FRANK LEESECRETARY
Trustee or director, Officer
0.25$0
DWIGHT LOWDERMEMBER-BOD
Trustee or director
0.25$0
ANDREW BURLESONTREASURER
Trustee or director, Officer
0.25$0
CURTIS FURRV-PRESIDENT
Trustee or director, Officer
0.25$0
BUTCH BROOKSMEMBER-BOD
Trustee or director
0.25$0
HAZEL EFIRDMEMBER-BOD
Trustee or director
0.25$0
JEREMY MCSWAINMEMBER-BOD
Trustee or director
0.25$0
TED HATLEYMEMBER-BOD
Trustee or director
0.25$0
JARRETT SMITHMEMBER-BOD
Trustee or director
0.25$0
DAVID UNDERWOODMEMBER-BOD
Trustee or director
0.25$0
STACEY MARTINMEMBER-BOD
Trustee or director
0.25$0

Address and contacts

Address (IRS master file)
226 N CENTRAL AVE, LOCUST, NC 28097-7122
Principal officer (990 for 2025)
GARY HATLEY, 20146-A NC HWY 73, ALBEMARLE, NC 28001
Signed the 990
GARY HATLEY, PRESIDENT
Phone
(704) 982-0113
Return prepared by
A T ALLEN & COMPANY LLP CPAS

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.

990 for the year ended December 31, 2025

Program accomplishments

  • 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.
  • 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.
  • 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.

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
56-6065267
Tax-exempt status
501(c)(5): Labor, agricultural or horticultural organization
Donations deductible
No
Exempt since
1964
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,159,510
Income (IRS master file)
$407,132

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$113,218$153,336$2,159,510IRS
990December 2024$185,803$152,591$1,069,121XML
990December 2023$180,756$152,189$1,027,946XML
990December 2022$157,250$156,400$990,007IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 56-6065267).

Questions about FARM BUREAU INC-STANLY COUNTY

What is the EIN of FARM BUREAU INC-STANLY COUNTY?
The employer identification number (EIN) of FARM BUREAU INC-STANLY COUNTY is 56-6065267.
Is FARM BUREAU INC-STANLY COUNTY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(5) since 1964.
Are donations to FARM BUREAU INC-STANLY COUNTY tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does FARM BUREAU INC-STANLY COUNTY 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 FARM BUREAU INC-STANLY COUNTY 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 FARM BUREAU INC-STANLY COUNTY 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 FARM BUREAU INC-STANLY COUNTY?
The 990 for the year ended December 31, 2025 names GARY HATLEY.
Who are the officers and directors of FARM BUREAU INC-STANLY COUNTY?
The 990 for the year ended December 31, 2025 lists 16 people; 0 received compensation from the organization.
How much revenue does FARM BUREAU INC-STANLY COUNTY have?
On its 990 for the year ended December 31, 2025 it reported revenue of $113,218, expenses of $153,336 and total assets of $2,159,510 at year end.

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