Oklahoma Farm Bureau Tulsa County

“The organization does not have stockholders but it does have members. There are two types of membeers, associate & voting. A voting member must derive a substantial portion of their income from agricultural, a retired person who previously derived a substantial portion of their income from agriculture, or a partnership or corporation that derives a substantial portion of its income from agriculture. All other members are associate members.”

“All members are initially associate members. With board approval, an associate member that meets the above criteria can be changed to voting member.”

“The board reviewed the financials at its regular board meeting and approved the preparation of the tax return by the agrecords dept of the ofb. The return was signed by the president after final review. No review has been conducted or will be conducted. No review has been conducted or will be conducted.”

“The governing documents of the organization are maintained at the home office location. The office is open the to the general public monday - friday 8am - 5pm. Records may be requested in person at that location or via mail to the agrecords dept of the ofb, 2501 n stiles, oklahoma city, ok 73105.”

“A checking account the organization used for exempt purposes only carried over a balance between years, thus causing a mis-statement on the original 990. Funds allocated to this account were normally expended in the year and thus expensed when funded. The changes to line items are as follows:Cash increased by 6,974Office Expenses increased by 77Meeting Expenses decreased by 1,830Additionally, the initial balance in the account was recorded as a prior period adjustment of 5,219”