Civic Intelligence

New York Farm Bureau Inc

EIN 15-0539109 • 501(c)5 • Albany, NY

Profile

"to serve and strengthen agriculture".

159 Wolf Road 300Albany, NY 12205-0330

www.nyfb.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

72nd percentile

0.16x

Higher debt load relative to assets than 72% of similar nonprofits.

501(c)5 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

94th percentile

1.60x

Higher debt load relative to revenue than 94% of similar nonprofits.

501(c)5 • $25M-$50M nonprofits • Source year 2024

Net Margin

2nd percentile

-22%

Higher net margin than 2% of similar nonprofits.

501(c)5 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

13th percentile

$169,844

Higher top officer pay than 13% of similar nonprofits.

Top officer pay equals 6.9% of source-year revenue.

501(c)5 • $25M-$50M nonprofits • Source year 2024

Asset Growth

73rd percentile

13%

Faster asset growth than 73% of similar nonprofits.

501(c)5 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

87th percentile

25%

Faster revenue growth than 87% of similar nonprofits.

501(c)5 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Up

$25,232,196

Up $2,842,903 (+13%) from 2023

Liabilities

Up

$3,941,885

Up $325,471 (+9.0%) from 2023

Net Assets

Up

$21,290,311

Up $2,517,432 (+13%) from 2023

Revenue

Up

$2,461,383

Up $488,005 (+25%) from 2023

Expenses

Down

$3,014,676

Down $525,372 (-15%) from 2023

Net Income

Up

-$553,293

Up $1,013,377 (+65%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0Assets 2011: $21,681,123Liabilities 2011: $2,403,793Net Assets 2011: $19,277,3302011Assets 2012: $22,340,022Liabilities 2012: $2,869,264Net Assets 2012: $19,470,7582012Assets 2013: $23,895,416Liabilities 2013: $3,146,033Net Assets 2013: $20,749,3832013Assets 2014: $24,451,760Liabilities 2014: $3,301,835Net Assets 2014: $21,149,9252014Assets 2015: $24,476,141Liabilities 2015: $3,638,529Net Assets 2015: $20,837,6122015Assets 2016: $23,254,080Liabilities 2016: $2,738,602Net Assets 2016: $20,515,4782016Assets 2017: $23,867,895Liabilities 2017: $2,219,813Net Assets 2017: $21,648,0822017Assets 2018: $22,822,685Liabilities 2018: $2,285,707Net Assets 2018: $20,536,9782018Assets 2019: $24,091,196Liabilities 2019: $2,670,727Net Assets 2019: $21,420,4692019Assets 2020: $23,292,139Liabilities 2020: $2,144,026Net Assets 2020: $21,148,1132020Assets 2021: $26,926,646Liabilities 2021: $2,355,873Net Assets 2021: $24,570,7732021Assets 2022: $21,413,106Liabilities 2022: $2,107,643Net Assets 2022: $19,305,4632022Assets 2023: $22,389,293Liabilities 2023: $3,616,414Net Assets 2023: $18,772,8792023Assets 2024: $25,232,196Liabilities 2024: $3,941,885Net Assets 2024: $21,290,3112024

Highlighted filing

2024

Assets$25,232,196
Liabilities$3,941,885
Net Assets$21,290,311

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2011: $3,520,103Expenses 2011: $3,655,863Net Income 2011: -$135,7602011Revenue 2012: $3,844,435Expenses 2012: $3,830,188Net Income 2012: $14,2472012Revenue 2013: $4,380,178Expenses 2013: $3,818,549Net Income 2013: $561,6292013Revenue 2014: $4,350,578Expenses 2014: $3,799,223Net Income 2014: $551,3552014Revenue 2015: $4,260,676Expenses 2015: $3,922,986Net Income 2015: $337,6902015Revenue 2016: $4,092,127Expenses 2016: $3,838,129Net Income 2016: $253,9982016Revenue 2017: $4,486,277Expenses 2017: $3,862,816Net Income 2017: $623,4612017Revenue 2018: $3,699,216Expenses 2018: $3,671,940Net Income 2018: $27,2762018Revenue 2019: $2,967,177Expenses 2019: $3,550,583Net Income 2019: -$583,4062019Revenue 2020: $3,908,395Expenses 2020: $3,430,166Net Income 2020: $478,2292020Revenue 2021: $7,770,065Expenses 2021: $3,470,626Net Income 2021: $4,299,4392021Revenue 2022: $1,125,268Expenses 2022: $3,786,449Net Income 2022: -$2,661,1812022Revenue 2023: $1,973,378Expenses 2023: $3,540,048Net Income 2023: -$1,566,6702023Revenue 2024: $2,461,383Expenses 2024: $3,014,676Net Income 2024: -$553,2932024

Highlighted filing

2024

Revenue$2,461,383
Expenses$3,014,676
Net Income-$553,293

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$25.2$3.94$21.3$2.46$3.01$0.55
2023Detailed filing. Detailed filing data is available for this year.$22.4$3.62$18.8$1.97$3.54$1.57
2022Detailed filing. Detailed filing data is available for this year.$21.4$2.11$19.3$1.13$3.79$2.66
2021Detailed filing. Detailed filing data is available for this year.$26.9$2.36$24.6$7.77$3.47$4.30
2020Detailed filing. Detailed filing data is available for this year.$23.3$2.14$21.1$3.91$3.43$0.48
2019Detailed filing. Detailed filing data is available for this year.$24.1$2.67$21.4$2.97$3.55$0.58
2018Detailed filing. Detailed filing data is available for this year.$22.8$2.29$20.5$3.70$3.67$0.03
2017Detailed filing. Detailed filing data is available for this year.$23.9$2.22$21.6$4.49$3.86$0.62
2016Summary only. Only limited summary data is available for this year.$23.3$2.74$20.5$4.09$3.84$0.25
2015Summary only. Only limited summary data is available for this year.$24.5$3.64$20.8$4.26$3.92$0.34
2014Summary only. Only limited summary data is available for this year.$24.5$3.30$21.1$4.35$3.80$0.55
2013Summary only. Only limited summary data is available for this year.$23.9$3.15$20.7$4.38$3.82$0.56
2012Summary only. Only limited summary data is available for this year.$22.3$2.87$19.5$3.84$3.83$0.01
2011Summary only. Only limited summary data is available for this year.$21.7$2.40$19.3$3.52$3.66$0.14
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Nov 1, 2023 to Oct 31, 2024
Signed
Apr 10, 2025
Return Version
2023v6.0
Gross Receipts
$2,461,383
Mission and Program Overview

Mission

"to serve and strengthen agriculture".

Supporting today's agricultural needs and creating member opportunities for tomorrow through advocacy and education

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$18,668,371$21,743,473▲ $3,075,102
Investments Other Securities$819,558$1,230,370▲ $410,812
Cash and Non-Interest-Bearing Accounts$1,139,047$803,922▼ $335,125
Prepaid Expenses and Deferred Charges$171,288$157,344▼ $13,944
Total Assets$22,389,293$25,232,196▲ $2,842,903
Other Assets Total$1,591,029$1,297,087▼ $293,942
Liabilities
Accounts Payable and Accrued Expenses$1,511,075$2,242,714▲ $731,639
Other Liabilities$1,600,231$1,313,524▼ $286,707
Deferred Revenue$505,108$385,647▼ $119,461
Total Liabilities$3,616,414$3,941,885▲ $325,471
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$18,735,436$20,885,902▲ $2,150,466
Net Assets With Donor Restrictions$37,443$50,665▲ $13,222
Total Net Assets Fund Balance$18,772,879$21,290,311▲ $2,517,432
Total Liabilities and Net Assets / Fund Balance$22,389,293$25,232,196▲ $2,842,903

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$1,297,087--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Scott KeyesDirector of Member AdvocacPT$58,246$75,720$133,966
Debra RemyCFOPT$45,123$86,573$131,696
Steve AmmermanDirector of CommunicationsPT$55,597$75,612$131,209
John WagnerDrector of County RelationPT$55,046$74,862$129,908
Elizabeth DribuschCEO Thru June 2024PT$73,903$22,038$95,941
Jeffrey WilliamsDirector of Public PolicyFT$66,883$24,078$90,961
David FisherPresidentPT$33,052$27,043$60,095
Eric OomsVice PresidentPT$9,875-$9,875
Kim Skellie3rd Exec Committee Member-$9,675-$9,675
Paul MoleskyDirector-$4,444-$4,444
Richard De MeyerYf&r Chair-$3,852-$3,852
Lavern WarrinerDirector-$3,712-$3,712
Darleen Krisher-meehanDirector-$3,600-$3,600
Bill ZalakarPro Ed Chair-$2,925-$2,925
Adam MinerDirector-$2,646-$2,646
Karen RiveraDirector-$2,317-$2,317
Steven SmithDirector-$2,115-$2,115
Tony LapierreDirector-$2,025-$2,025
Timothy DresselDirector-$1,125-$1,125
Brad MacauleyDirector-$562-$562

Board Members and Trustees

NameTitle
Daniel PalladinoDirector
Deanna FoxCEO May - October 2024
Revenue and Support

Revenue Composition

Contributions and Grants
$81,761
Program Service Revenue
$1,383,789
Investment Income
$424,450
Other Revenue
$571,383
All Other Contributions
$81,761
Change in Net Assets
$-553,293
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,613,875
Salaries, Compensation, and Employee Benefits$1,400,801
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$854,644
Current Officers, Directors, Trustees, and Key Employees---$546,157
Travel---$330,182
Information Technology---$253,586
Office Expenses---$201,481
Occupancy---$160,835
Fees for Services Other---$107,435
Advertising---$95,149
Other Expenses---$48,925
Fees for Services Accounting---$42,885
Insurance---$42,073
Conferences and Meetings---$41,180
Fees for Services Legal---$22,571
Depreciation Depletion---$14,521
Fees for Services Lobbying---$2,860
Total Functional Expenses$0$0$0$3,014,676
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liabilities$1,313,524
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Description of membership is provided upon application to, acceptance by, and execution of membership agreement with a county farm bureau. Regular membership is open to individuals and entities actively engaged in farming or owning farming business property. Regular members have voting and representation privileges on the governing body. Other individuals or entities may be admitted as associate members. Persons who are not directly connected with farming or agriculture may be admitted as supporting members. Agriculture-related associations and cooperatives may be admitted as agricultural alliance members students of agriculture may be admitted as student members. Agriculturally related businesses of statewide and-or regional nature may be admitted as agribusiness members.

Form 990, Part VI, Section A, Line 7A

Members have the power to elect the governing body. For electing directors, new york state is divided into eleven districts. One director is elected from each district by a majority vote of the voting delegates from the district.

Form 990, Part VI, Section B, Line 11B

The 990 is reviewed by the board of directors annually prior to filing. The cfo provides complete copies of the form and a summary overview of the data it contains.

Form 990, Part VI, Section B, Line 12C

The conflict of interest policy is regularly and consistently monitored and enforced by new york farm bureau, inc. Staff as often as necessary, but at least annually. All staff and board of directors are required to complete conflict of interest disclosure forms. Any disclosures of potential conflicts are tracked and monitored by the executive department.

Form 990, Part VI, Section B, Line 15

The ceo's salary is determined by the executive committee and the full board of directors. The executive committee and board of directors are independent since they are elected by membership. Generally, the salary recommendation is reviewed and approved by the full board of directors. Any salary increase is within the salary increase percentage and guidelines (that are approved by the board of directors when they approve the budget) that are applied to all employees of new york farm bureau, inc. There are 4 additional compensated or highly compensated officers and employees that are reviewed by the ceo annually. Reviews include a written evaluation and assessment of key projects and deliverables of the past year, as well as setting new goals and deliverables for the upcoming year. All staff reviews are documented. New york farm bureau, inc. Engaged an outside hr firm to perform a total compensation analysis including salary survey to help gauge new york farm bureau's compensation versus other similar sized associations.

Form 990, Part VI, Section C, Line 19

The 990 is reviewed by the board of directors annually prior to filing. The cfo provides complete copies of the form and a summary overview of the data it contains.

Filing and Contact Details

Filer

Filer Name
New York Farm Bureau Inc
EIN
15-0539109
Phone
5184368495
Address
159 WOLF ROAD 300, ALBANY, NY 12205-0330

Signing Officer

Name
Debra Remy
Title
CFO
Phone
5184368495
Signed
2025-04-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Debra Remy
Formed
1953
Legal Domicile
Ny
Voting Board Members
15
Independent Board Members
14
Employees
44
Volunteers
650

Preparer

Firm
Bonadio & Co Llp
Address
6 WEMBLEY CT, ALBANY, NY 12205
Preparer
Kevin Testo
Phone
5184644080
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IRS990/Form990PartVIISectionAGrp/PersonNm5LAVERN WARRINER
IRS990/Form990PartVIISectionAGrp/PersonNm6ADAM MINER
IRS990/Form990PartVIISectionAGrp/PersonNm7BRAD MACAULEY
IRS990/Form990PartVIISectionAGrp/PersonNm8DARLEEN KRISHER-MEEHAN
IRS990/Form990PartVIISectionAGrp/PersonNm9DEANNA FOX
IRS990/Form990PartVIISectionAGrp/PersonNm10DAVID FISHER
IRS990/Form990PartVIISectionAGrp/PersonNm11KIM SKELLIE
IRS990/Form990PartVIISectionAGrp/PersonNm12ERIC OOMS
IRS990/Form990PartVIISectionAGrp/PersonNm13TONY LAPIERRE
IRS990/Form990PartVIISectionAGrp/PersonNm14PAUL MOLESKY
IRS990/Form990PartVIISectionAGrp/PersonNm15KAREN RIVERA
IRS990/Form990PartVIISectionAGrp/PersonNm16ELIZABETH DRIBUSCH
IRS990/Form990PartVIISectionAGrp/PersonNm17DEBRA REMY
IRS990/Form990PartVIISectionAGrp/PersonNm18JEFFREY WILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm19SCOTT KEYES
IRS990/Form990PartVIISectionAGrp/PersonNm20STEVE AMMERMAN
IRS990/Form990PartVIISectionAGrp/PersonNm21JOHN WAGNER
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IRS990/Form990PartVIISectionAGrp/TitleTxt0YF&R CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRO ED CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9CEO MAY - OCTOBER 2024
IRS990/Form990PartVIISectionAGrp/TitleTxt10PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt113RD EXEC COMMITTEE MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16CEO THRU JUNE 2024
IRS990/Form990PartVIISectionAGrp/TitleTxt17CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR OF PUBLIC POLICY
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR OF MEMBER ADVOCAC
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR OF COMMUNICATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt21DRECTOR OF COUNTY RELATION
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IRS990/ProgSrvcAccomActy2Grp/Desc0THE PROMOTION AND EDUCATION AND YOUNG FARMER PROGRAMS PROVIDE EDUCATION TO THE PUBLIC AND TO MEMBERS AROUND MATTERS AND ISSUES THAT ARE OF IMPORTANCE TO THE AGRICULTURAL INDUSTRY.
IRS990/ProgSrvcAccomActy3Grp/Desc0THE PUBLIC POLICY PROGRAM IS RESPONSIBLE FOR COORDINATING THE ADVOCACY, IMPLEMENTATION, AND COMMUNICATION OF PRIORITY ISSUES AS DETERMINED AT THE NEW YORK STATE FARM BUREAU, INC. STATE ANNUAL MEETING. THIS IS ACCOMPLISHED THROUGH REGULAR MEETINGS OF VOLUNTEER COMMITTEES AND THROUGH COMMUNICATION WITH MEMBERS. THE PUBLIC POLICY PROGRAM ALSO REPRESENTS THE AGRICULTURAL COMMUNITY BEFORE REGULATORY AND LEGISLATIVE AUTHORITIES AT THE STATE AND FEDERAL LEVEL.
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