Overview
What is Kentucky Farm Bureau Graves County?
Kentucky Farm Bureau Graves County is a membership cooperative based in Mayfield, Kentucky, with a postal code of 42066. It serves a membership of approximately 4700 individuals, providing them with cooperative purchasing opportunities, including insurance services, through its affiliation with Farm Bureau Federation. The primary focus of this nonprofit organization is to support its members by offering beneficial purchasing options, thereby contributing to their well-being in various aspects of their lives.
Is Kentucky Farm Bureau Graves County legitimate?
Kentucky Farm Bureau Graves County is a legitimate nonprofit organization registered as a 501(c)(5) entity. Kentucky Farm Bureau Graves County submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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What is the mission statement of Kentucky Farm Bureau Graves County?
Kentucky Farm Bureau Graves County's mission primarily revolves around membership cooperation for the benefit of its members. They facilitate purchasing, specifically including insurance, through Farm Bureau Federation. This collective purchasing approach serves over 4700 members, providing them with potential cost savings and insurance coverage. By doing so, the organization aims to support its members in various aspects of their agricultural and personal lives.
Who is the CEO of Kentucky Farm Bureau Graves County?
Michael Cartwright is the Treasurer of Kentucky Farm Bureau Graves County.
What is the revenue of Kentucky Farm Bureau Graves County?
Kentucky Farm Bureau Graves County's revenue in 2023 was $95,126.
Who are the executives of Kentucky Farm Bureau Graves County and what are their salaries?
Here are 21 key members and their salaries:
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Where can I find the form 990 for Kentucky Farm Bureau Graves County?
Kentucky Farm Bureau Graves County's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Kentucky Farm Bureau Graves County
Kentucky Farm Bureau Graves County's mission revolves around cooperative purchasing, specifically in the provision of insurance services. This nonprofit organization serves a membership of approximately 4716 individuals, ensuring they have access to insurance solutions through the Farm Bureau Federation. By pooling resources and leveraging collective buying power, Kentucky Farm Bureau Graves County aims to provide its members with competitive insurance options, thereby enhancing their financial security and peace of mind. This mission aligns with the larger ethos of cooperative purchasing, which empowers groups to negotiate better deals and access resources that may be out of reach for individuals acting alone.
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Impact
October, 2024
Kentucky Farm Bureau Graves County significantly impacts its community by providing essential cooperative purchasing options and insurance services to its 4,716 members. Located in Mayfield, KY, the organization leverages collective buying power to offer its members access to cost-effective insurance through the Farm Bureau Federation. This not only enhances the financial security of local families and businesses but also fosters a sense of community among members.
By facilitating cooperative purchasing, Kentucky Farm Bureau Graves County supports local economic development, enabling members to acquire necessary resources at reduced rates. The organization also plays a vital role in educating members about agricultural practices, market trends, and financial management, contributing to the overall growth and sustainability of the agricultural sector in the region. Through its comprehensive service offerings, Kentucky Farm Bureau Graves County strengthens the fabric of the local community while promoting agricultural prosperity and resilience.
This information is meant to be a general summary of Kentucky Farm Bureau Graves County. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $231
- Program Service Revenue: $94,969
- Gross Receipts: $95,387
Assets and Liabilities:
- Total Assets: $1,068,558
- Total Liabilities: $28,994
- Net Assets: $1,039,564
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES & ASSESSMENTS
Revenue
$50,858
INCENTIVE LOSS RATIO BONUS
Revenue
$44,111
Organization Details
Founding Year
1937
Phone
(270) 247-4436Principal Officer
Michael Cartwright
Main Address
1300 DICK CASTLEMAN BYPASS, MAYFIELD, KY, 42066
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