Ag Lenders Society of California

Overview

The Ag Lenders Society of California is a nonprofit organization designated as a 501(c)(6) business league. It focuses on providing education and networking opportunities for professionals involved in agricultural lending across California.

History

The organization was initially formed as the Fresno-Madera Ag Lenders Society in 1988. Over time, it expanded its reach and changed its name to the San Joaquin Valley Ag Lenders Society in 1992. By 2002, it had grown to represent the entire state and was renamed the Ag Lenders Society of California.

Mission and Purpose

The society's primary mission is to serve as a premier provider of education and information for individuals engaged in agricultural lending. It achieves this by organizing regular chapter meetings, seminars, facility tours, and workshops on topics relevant to the agricultural industry. These events are open to the public and offer insights into the latest trends and issues affecting agriculture and lending.

Structure

The organization operates with a board of directors and is governed by a set of bylaws. It has multiple chapters throughout California, facilitating a diverse network for agri-business professionals.

Financial Overview

As a 501(c)(6) organization, donations to Ag Lenders Society of California are not tax-deductible. The society relies on revenue from program services, investment income, and fundraising events. In the fiscal year ending 2023, its total revenue was approximately $30,995, with significant contributions from program services, fundraising, and investment income.

Contribution to the Community

The Ag Lenders Society of California contributes to the agricultural community through educational programs and networking opportunities. By providing timely information and engaging events, it supports the ongoing education and development of professionals in the agricultural lending sector.