Civic Intelligence

Bay County Farm Bureau Assn

EIN 38-1384085 • 501(c)5 • Bay City, MI

2450 Midland RoadBay City, MI 48706-9469

bay.michfb.com

Siviq Scores

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

Liabilities / Assets

42nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)5 • $500k-$1M nonprofits • Source year 2025

Liabilities / Revenue

43rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)5 • $500k-$1M nonprofits • Source year 2025

Net Margin

91st percentile

38%

Higher net margin than 91% of similar nonprofits.

501(c)5 • $500k-$1M nonprofits • Source year 2025

Top Officer Pay

98th percentile

$52,606

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 36.5% of source-year revenue.

501(c)5 • $500k-$1M nonprofits • Source year 2022

Asset Growth

67th percentile

8.1%

Faster asset growth than 67% of similar nonprofits.

501(c)5 • $500k-$1M nonprofits • Annualized from 2023 to 2025

Revenue Growth

41st percentile

2.3%

Faster revenue growth than 41% of similar nonprofits.

501(c)5 • $500k-$1M nonprofits • Annualized from 2023 to 2025

Assets

$631,030

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

$631,030

No earlier filing loaded for comparison.

Revenue

$156,035

No earlier filing loaded for comparison.

Expenses

$96,013

No earlier filing loaded for comparison.

Net Income

$60,022

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

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

$800K$600K$400K$200K$0-$200KAssets 2011: $257,471Liabilities 2011: -$1872011Assets 2012: $278,812Liabilities 2012: $4942012Assets 2013: $286,227Liabilities 2013: $9172013Assets 2014: $299,469Liabilities 2014: $1,4612014Assets 2015: $326,707Liabilities 2015: $3132015Assets 2016: $350,033Liabilities 2016: $3,0922016Assets 2017: $360,842Liabilities 2017: $1,7762017Assets 2018: $379,315Liabilities 2018: $3742018Assets 2019: $383,148Liabilities 2019: $1482019Assets 2020: $418,238Liabilities 2020: $1,7092020Assets 2021: $445,242Liabilities 2021: $2,606Net Assets 2021: $442,6362021Assets 2022: $483,663Liabilities 2022: $791Net Assets 2022: $482,8722022Assets 2023: $540,162Liabilities 2023: $330Net Assets 2023: $539,8322023Assets 2025: $631,030Liabilities 2025: $0Net Assets 2025: $631,0302025

Highlighted filing

2025

Assets$631,030
Liabilities$0
Net Assets$631,030

Operations Trend

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

$200K$150K$100K$50K$0Revenue 2011: $116,203Expenses 2011: $97,805Net Income 2011: $18,3982011Revenue 2012: $127,883Expenses 2012: $107,223Net Income 2012: $20,6602012Revenue 2013: $123,665Expenses 2013: $116,673Net Income 2013: $6,9922013Revenue 2014: $117,868Expenses 2014: $105,170Net Income 2014: $12,6982014Revenue 2015: $136,012Expenses 2015: $107,692Net Income 2015: $28,3202015Revenue 2016: $117,287Expenses 2016: $96,740Net Income 2016: $20,5472016Revenue 2017: $120,079Expenses 2017: $107,954Net Income 2017: $12,1252017Revenue 2018: $124,835Expenses 2018: $104,960Net Income 2018: $19,8752018Revenue 2019: $107,285Expenses 2019: $103,226Net Income 2019: $4,0592019Revenue 2020: $125,007Expenses 2020: $91,477Net Income 2020: $33,5302020Revenue 2021: $136,637Expenses 2021: $91,225Net Income 2021: $45,4122021Revenue 2022: $143,984Expenses 2022: $101,329Net Income 2022: $42,6552022Revenue 2023: $149,097Expenses 2023: $92,137Net Income 2023: $56,9602023Revenue 2025: $156,035Expenses 2025: $96,013Net Income 2025: $60,0222025

Highlighted filing

2025

Revenue$156,035
Expenses$96,013
Net Income$60,022

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.31$0.00$6.31$1.56$0.96$0.60
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.40$0.00$5.40$1.49$0.92$0.57
2022Detailed filing. Detailed filing data is available for this year.$4.84$0.01$4.83$1.44$1.01$0.43
2021Detailed filing. Detailed filing data is available for this year.$4.45$0.03$4.43$1.37$0.91$0.45
2020Summary only. Only limited summary data is available for this year.$4.18$0.02$1.25$0.91$0.34
2019Summary only. Only limited summary data is available for this year.$3.83$0.00$1.07$1.03$0.04
2018Summary only. Only limited summary data is available for this year.$3.79$0.00$1.25$1.05$0.20
2017Summary only. Only limited summary data is available for this year.$3.61$0.02$1.20$1.08$0.12
2016Summary only. Only limited summary data is available for this year.$3.50$0.03$1.17$0.97$0.21
2015Summary only. Only limited summary data is available for this year.$3.27$0.00$1.36$1.08$0.28
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.99$0.01$1.18$1.05$0.13
2013Summary only. Only limited summary data is available for this year.$2.86$0.01$1.24$1.17$0.07
2012Summary only. Only limited summary data is available for this year.$2.79$0.00$1.28$1.07$0.21
2011Summary only. Only limited summary data is available for this year.$2.57$0.00$1.16$0.98$0.18
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2024 to Aug 31, 2025
Signed
Feb 10, 2026
Return Version
2024v5.2
Gross Receipts
$156,035
Mission and Program Overview

Mission

See Schedule O

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$481,978$512,888▲ $30,910
Cash and Non-Interest-Bearing Accounts$53,041$90,421▲ $37,380
Total Assets$571,467$631,030▲ $59,563
Other Assets Total$36,448$27,721▼ $8,727
Liabilities
Accounts Payable and Accrued Expenses$459--
Total Liabilities$459$0▼ $459
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$571,008$631,030▲ $60,022
Total Net Assets Fund Balance$571,008$631,030▲ $60,022
Total Liabilities and Net Assets / Fund Balance$571,467$631,030▲ $59,563
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Emily CramerSecretaryTreasurerFT$34,374$34,374
Terrence HistedPresident-$1,000$1,000
Erica VallendarDirector-$800$800
Joshua SchlickerThird Member-$780$780
Robert KernstockVice President-$360$360
Halie SchultzDirector-$280$280
Neil FrenchDirector-$280$280
Benjamin RitterDirector-$240$240
Michael SchwabDirector-$240$240
Eric RosenbrockDirector-$200$200
Ray VanDriesscheDirector-$200$200
Wayne Wackerle JrDirector-$200$200
Nathan SchultzDirector-$40$40
Revenue and Support

Revenue Composition

Contributions and Grants
$95,179
Program Service Revenue
$0
Investment Income
$30,909
Other Revenue
$29,947
Change in Net Assets
$60,022
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$57,019
Salaries, Compensation, and Employee Benefits$38,994
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$38,994--$38,994
All Other Expenses$6,115--$6,115
Other Expenses$5,049--$5,049
Fees for Services Accounting$3,700--$3,700
Insurance$648--$648
Occupancy$375--$375
Office Expenses$212--$212
Total Functional Expenses$96,013$0$0$96,013
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Members or stockholder classes and rights Part VI line 6

The Organization has members.

Member election for additional members Part VI line 7A

The Organization has members who annually elect a volunteer board of directors from their regular member base.

Governing body decisions Part VI line 7B

Amendments to the Organizations By-Laws are written by the board of directors and must be approved by the voting members of the Organization at the County Annual Meeting.

Form 990 governing body review Part VI line 11

At the Organizations monthly board of directors meeting, a copy of the Form 990 is presented, and action is taken by the board to approve the return.

Conflict of interest policy compliance Part VI line 12C

The Organizations written conflict of interest policy is reviewed annually by the board of directors and a motion of acknowledgement and action is taken by the board to approve the policy. At this time, all officers, board members, and key employees must annually provide a signed written statement listing all potential conflicts of interest while acting in their respective positions.

CEO executive director top management comp Part VI line 15A

Compensation for the County Administrative Manager, who is an officer of the board, is based on: 1) what other county Farm Bureaus of a similar size compensate; 2) what the county Farm Bureau can afford; and 3) what the salary range is in the state Farm Bureau organization for a similar position description of duties and responsibilities. The state organization analyzes its salary range and structure annually on a comparative basis to assure that compensation remains competitive with the market in which we do business. After these reviews are completed, action is taken by the county Farm Bureau Board to approve the meeting compensation and county administrative manager compensation for the upcoming 12-month period.

Other officer or key employee compensation Part VI line 15B

Compensation is determined by the Organizations board of directors. Compensation for each meeting attended by a director is reviewed annually. It is based on: 1) the amount per meeting that the other non-profits in the state of Michigan, or a similar size, reimburse; and 2) on what the county Farm Bureau can afford.

Governing documents etc available to public Part VI line 19

Governing documents, conflict of interest policy, Form 990, Form 990-T, By-Laws, and the Articles of Incorporation are made available to the public via a public disclosure file. A notice that governing documents are available is displayed within the front office (public area). Form 990 is also available to the public on another providers website: www.guidestar.org.

Filing and Contact Details

Filer

Filer Name
Bay County Farm Bureau
EIN
38-1384085
In Care Of
% Terrence Histed
Phone
9896842772
Address
2450 Midland Road, Bay City, MI 48706-9469

Signing Officer

Name
Terrence Histed
Title
President
Phone
9896842772
Signed
2026-02-10
Discuss with paid preparer
Yes

Organization Details

Formed
1934
Legal Domicile
Mi
Voting Board Members
12
Independent Board Members
12
Employees
0

Preparer

Firm
David Offord CPA PLC
Address
422 State Street, Saint Joseph, MI 49085
Preparer
David H Offord CPA
Phone
2699835566
Supplemental Narrative

Additional Explanations

Part III response or note to any other line in Part III

Form 990, Part III, Line 1 Organizations MissionFarm Bureau is a free independent, non-governmental, voluntary organization of farm families united for the purpose of analyzing their problems and formulating action to achieve educational improvement, economic opportunity, and social advancement and thereby promote national welfare. Farm Bureau is local, statewide, national and international in its scope and influence and is non-partisan, non-sectarian, and non-secret in character.

General explanation attachment

Form 990, Part I, Line 1 Organizations MissionFarm Bureau is a free independent, non-governmental, voluntary organization of farm families united for the purpose of analyzing their problems and formulating action to achieve educational improvement, economic opportunity, and social advancement and thereby promote national welfare. Farm Bureau is local, statewide, national and international in its scope and influence and is non-partisan, non-sectarian, and non-secret in character.

Raw XML Appendix380 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ProgSrvcAccomActy2Grp/Desc0Young Farmers - Education and leadership skill development programs for current local agricultural leaders within the ages of 18 to 35; and offers social events and encourages involvement to develop future leaders.
IRS990/ProgSrvcAccomActy3Grp/Desc0Promotion and Education - Education about the agricultural industry are offered to hundreds in the general public with events such as Breakfast on the Farm and to 4-H clubs, FFA chapters, schools and civic groups.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Organization has members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Organization has members who annually elect a volunteer board of directors from their regular member base.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Amendments to the Organizations By-Laws are written by the board of directors and must be approved by the voting members of the Organization at the County Annual Meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3At the Organizations monthly board of directors meeting, a copy of the Form 990 is presented, and action is taken by the board to approve the return.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Organizations written conflict of interest policy is reviewed annually by the board of directors and a motion of acknowledgement and action is taken by the board to approve the policy. At this time, all officers, board members, and key employees must annually provide a signed written statement listing all potential conflicts of interest while acting in their respective positions.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Compensation for the County Administrative Manager, who is an officer of the board, is based on: 1) what other county Farm Bureaus of a similar size compensate; 2) what the county Farm Bureau can afford; and 3) what the salary range is in the state Farm Bureau organization for a similar position description of duties and responsibilities. The state organization analyzes its salary range and structure annually on a comparative basis to assure that compensation remains competitive with the market in which we do business. After these reviews are completed, action is taken by the county Farm Bureau Board to approve the meeting compensation and county administrative manager compensation for the upcoming 12-month period.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Compensation is determined by the Organizations board of directors. Compensation for each meeting attended by a director is reviewed annually. It is based on: 1) the amount per meeting that the other non-profits in the state of Michigan, or a similar size, reimburse; and 2) on what the county Farm Bureau can afford.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Governing documents, conflict of interest policy, Form 990, Form 990-T, By-Laws, and the Articles of Incorporation are made available to the public via a public disclosure file. A notice that governing documents are available is displayed within the front office (public area). Form 990 is also available to the public on another providers website: www.guidestar.org.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Form 990, Part III, Line 1 Organizations MissionFarm Bureau is a free independent, non-governmental, voluntary organization of farm families united for the purpose of analyzing their problems and formulating action to achieve educational improvement, economic opportunity, and social advancement and thereby promote national welfare. Farm Bureau is local, statewide, national and international in its scope and influence and is non-partisan, non-sectarian, and non-secret in character.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Form 990, Part I, Line 1 Organizations MissionFarm Bureau is a free independent, non-governmental, voluntary organization of farm families united for the purpose of analyzing their problems and formulating action to achieve educational improvement, economic opportunity, and social advancement and thereby promote national welfare. Farm Bureau is local, statewide, national and international in its scope and influence and is non-partisan, non-sectarian, and non-secret in character.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Member election for additional members Part VI line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing body decisions Part VI line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Part III response or note to any other line in Part III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9General explanation attachment
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0David Offord CPA PLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0422 State Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Saint Joseph
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd049085
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ReturnHeader/PreparerPersonGrp/PreparationDt02026-02-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID H OFFORD CPA
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ReturnHeader/ReturnTs02026-02-11T09:31:05-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-09-01
ReturnHeader/TaxPeriodEndDt02025-08-31
ReturnHeader/TaxYr02024

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