Overview
What is Kentucky Farm Bureau Federation?
The Kentucky Farm Bureau Federation is a nonprofit organization based in Louisville, Kentucky, established in 1921. This grassroots organization serves its membership family and their communities as the voice of agriculture in the state. With over 468,000 paid memberships, it is supported by dues from county units and generates additional income from investments, office rentals, royalties, licensing agreements, and other sources. The Federation holds the power to acquire and own property, accept gifts and bequests, and allocate funds for farming and related interests. As a dynamic entity, it identifies problems, develops solutions, promotes economic success, and enhances the quality of life for all Kentuckians.
Official website here: www.kyfb.com
Is Kentucky Farm Bureau Federation legitimate?
Kentucky Farm Bureau Federation is a legitimate nonprofit organization registered as a 501(c)(5) entity. Kentucky Farm Bureau Federation 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $498,491
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,003,658
For more financial information, click here
Official website here: www.kyfb.com
What is the mission statement of Kentucky Farm Bureau Federation?
The Kentucky Farm Bureau Federation is a grassroots organization committed to serving its membership and their communities. Acting as the voice of agriculture, they identify issues, develop solutions, promote economic success, and enhance the quality of life for all. Incorporated in 1921, the Federation represents various county Farm Bureaus and their members, relying on membership dues and additional income for its operations. Empowered by the laws of Kentucky, the Federation has the capacity to acquire property, accept donations, and expend funds to advance farming and its related interests. With over 468,000 paid memberships, the Kentucky Farm Bureau Federation provides programs that cater to the agricultural and allied interests of farmers across the state.
Official website here: www.kyfb.com
Who is the CEO of Kentucky Farm Bureau Federation?
Drew Graham is the Second Vice President of Kentucky Farm Bureau Federation.
Official website here: www.kyfb.com
What is the revenue of Kentucky Farm Bureau Federation?
Kentucky Farm Bureau Federation's revenue in 2022 was $14,857,330.
Official website here: www.kyfb.com
Who are the executives of Kentucky Farm Bureau Federation and what are their salaries?
The average compensation at Kentucky Farm Bureau Federation during 2022 was $114,628. There are 48 employees and 1 volunteer at Kentucky Farm Bureau Federation.
Here are 40 key members and their salaries:
- Compensation: $0
- Related: $101,605
- Other: $0
- Compensation: $0
- Related: $111,869
- Other: $25,787
- Compensation: $0
- Related: $2,400
- Other: $4,385
- Compensation: $0
- Related: $94,218
- Other: $15,864
- Compensation: $0
- Related: $19,982
- Other: $0
- Compensation: $0
- Related: $19,982
- Other: $0
- Compensation: $0
- Related: $19,800
- Other: $11,466
- Compensation: $0
- Related: $5,450
- Other: $0
- Compensation: $0
- Related: $17,057
- Other: $0
- Compensation: $0
- Related: $3,900
- Other: $0
- Compensation: $0
- Related: $21,132
- Other: $0
- Compensation: $0
- Related: $16,982
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $21,432
- Other: $0
- Compensation: $0
- Related: $20,232
- Other: $0
- Compensation: $0
- Related: $20,057
- Other: $0
- Compensation: $0
- Related: $4,050
- Other: $3,050
- Compensation: $0
- Related: $7,750
- Other: $0
- Compensation: $0
- Related: $6,600
- Other: $0
- Compensation: $0
- Related: $4,850
- Other: $0
- Compensation: $0
- Related: $20,032
- Other: $0
- Compensation: $0
- Related: $0
- Other: $20,268
- Compensation: $0
- Related: $12,500
- Other: $0
- Compensation: $0
- Related: $4,650
- Other: $0
- Compensation: $0
- Related: $0
- Other: $34,855
- Compensation: $0
- Related: $21,332
- Other: $0
- Compensation: $0
- Related: $19,232
- Other: $0
- Compensation: $0
- Related: $15,682
- Other: $0
- Compensation: $0
- Related: $21,132
- Other: $0
- Compensation: $0
- Related: $5,700
- Other: $0
- Compensation: $0
- Related: $3,450
- Other: $2,890
- Compensation: $0
- Related: $5,400
- Other: $0
- Compensation: $0
- Related: $7,700
- Other: $0
- Compensation: $0
- Related: $600
- Other: $0
- Compensation: $457,633
- Related: $0
- Other: $40,858
- Compensation: $208,970
- Related: $0
- Other: $53,300
- Compensation: $281,780
- Related: $0
- Other: $62,579
- Compensation: $317,183
- Related: $0
- Other: $53,339
- Compensation: $165,925
- Related: $0
- Other: $39,543
- Compensation: $152,286
- Related: $0
- Other: $60,096
Official website here: www.kyfb.com
Where can I find the form 990 for Kentucky Farm Bureau Federation?
Kentucky Farm Bureau Federation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.kyfb.com
Learn more at the official website: www.kyfb.com
Mission Statement of Kentucky Farm Bureau Federation
The Kentucky Farm Bureau Federation, a grassroots organization established in 1921, is dedicated to serving its membership family and their communities. Acting as the voice of agriculture, this non-profit identifies problems, develops solutions, promotes economic success, and enhances the quality of life for all. With a membership base of 468,016 as of October 2022, Kentucky Farm Bureau Federation operates under the laws of the Commonwealth of Kentucky, primarily supported by membership dues from county units. In addition to dues, the organization also generates income from investments, rental of office space, royalties and licensing agreements, and various other sources.
Empowered by the Kentucky Legislature, the Federation holds the authority to acquire and hold property, accept gifts and bequests, appropriate and expend funds for the advancement of farming and its allied interests, and perform all acts necessary to carry out its purpose. The mission of Kentucky Farm Bureau Federation is multi-faceted. It is an organization that strives to address the needs of farmers in Kentucky by providing a platform for advocacy and support. By identifying issues and developing solutions, the Federation promotes the economic success of its members and enhances the overall quality of life for agricultural communities. Through its various programs, Kentucky Farm Bureau Federation aims to make a significant impact on the farming industry in the state.
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Impact
October, 2024
The Kentucky Farm Bureau Federation plays a pivotal role in supporting the agricultural community and enhancing the quality of life across the state. With a strong grassroots presence, the organization serves as the collective voice for Kentucky's farmers, addressing challenges and advocating for solutions that promote economic success.
Through its programs, the Federation identifies key issues facing the agricultural sector and collaborates with its members—over 468,000 strong—to develop effective strategies. Their initiatives are designed not only to advance agricultural interests but also to foster community development, ensuring that the benefits of agriculture extend beyond the farm gates.
Furthermore, the Kentucky Farm Bureau Federation is dedicated to promoting sustainability and economic viability in farming, helping farmers navigate complex challenges, and advocating for policies that support the agriculture industry. As a result, they significantly contribute to the overall economic prosperity of Kentucky, reinforcing the importance of agriculture as a cornerstone of the state's economy.
The Federation's commitment to its mission enhances the quality of life for farmers and their communities, making it a vital institution in Kentucky's agricultural landscape.
This information is meant to be a general summary of Kentucky Farm Bureau Federation. 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 2022.
- Investment Income: $1,827,282
- Program Service Revenue: $7,851,002
- Gross Receipts: $17,148,071
Assets and Liabilities:
- Total Assets: $26,451,843
- Total Liabilities: $10,441,192
- Net Assets: $16,010,651
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES - STATE PORTION
Revenue
$2,567,033
DUES RECEIVED-AFBF PORTION
Revenue
$2,341,930
CONSULTING SERVICES
Revenue
$1,025,315
MEMBER PROGRAM REVENUE
Revenue
$861,925
MEMBERSHIP BILLING SERVICE
Revenue
$496,126
Organization Details
Founding Year
1921
Phone
(502) 495-5000Principal Officer
Drew Graham
Main Address
9201 BUNSEN PARKWAY PO BOX 20700, LOUISVILLE, KY, 402500700
Website
www.kyfb.comNTEE Category
Code: K20 - Food
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