Kentucky Farm Bureau Federation-Clay County

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 616029973 ✦ Manchester, KY ✦ Designated as a 501(c)(5)

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Overview

What is Kentucky Farm Bureau Federation-Clay County?

Kentucky Farm Bureau Federation-Clay County, situated in Manchester, Kentucky, is an agriculture-focused nonprofit organization. Their primary objectives include offering insurance services and granting scholarships to individuals within their community. By providing insurance, they aim to offer financial protection and peace of mind to their members. The scholarship program, on the other hand, supports the educational growth of local residents, fostering opportunities for personal and professional development.

Is Kentucky Farm Bureau Federation-Clay County legitimate?

Kentucky Farm Bureau Federation-Clay County is a legitimate nonprofit organization registered as a 501(c)(5) entity. Kentucky Farm Bureau Federation-Clay 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $18,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Kentucky Farm Bureau Federation-Clay County?

Kentucky Farm Bureau Federation, in its mission, focuses on providing both insurance and scholarship opportunities. This nonprofit organization aims to offer insurance solutions, providing a sense of security and financial protection. Furthermore, it extends its reach by offering scholarships, contributing to the education and future prospects of individuals. By offering these two services, the organization seeks to support and empower its community in various ways.

Who is the CEO of Kentucky Farm Bureau Federation-Clay County?

Vickie Allen is the President of Kentucky Farm Bureau Federation-Clay County.

What is the revenue of Kentucky Farm Bureau Federation-Clay County?

Kentucky Farm Bureau Federation-Clay County's revenue in 2022 was $50,326.

Who are the executives of Kentucky Farm Bureau Federation-Clay County and what are their salaries?


Here are 8 key members and their salaries:


Bige Hensley (President)
  • Compensation: $1,200
  • Related: $0
  • Other: $0
Raleigh Frazier (Director)
  • Compensation: $1,200
  • Related: $0
  • Other: $0
Mike Hooker (Director)
  • Compensation: $1,200
  • Related: $0
  • Other: $0
Frank Jones (Vice President)
  • Compensation: $1,200
  • Related: $0
  • Other: $0
Ricky Smith (Director)
  • Compensation: $1,200
  • Related: $0
  • Other: $0
Vicky Allen (Secretary/Treasurer)
  • Compensation: $10,500
  • Related: $0
  • Other: $0
Margaret Hensley (Director)
  • Compensation: $1,200
  • Related: $0
  • Other: $0
Jackie Jones (Director)
  • Compensation: $900
  • Related: $0
  • Other: $0
Where can I find the form 990 for Kentucky Farm Bureau Federation-Clay County?

Kentucky Farm Bureau Federation-Clay County's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Kentucky Farm Bureau Federation-Clay County

Kentucky Farm Bureau Federation-Clay County, as an agriculture-focused nonprofit, is dedicated to fulfilling its mission. This mission primarily revolves around two key areas: providing insurance and offering scholarships. The organization serves to safeguard its community members by offering insurance services. Beyond insurance, it also extends its support to the local community through scholarship programs. These scholarships serve as a means of investing in the future, providing financial assistance to individuals, thereby empowering them to pursue their educational goals.

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Impact




October, 2024

Kentucky Farm Bureau Federation-Clay County significantly impacts the local community by offering essential insurance services and scholarships. Based in Manchester, KY, it addresses the specific needs of its agricultural community by providing reliable insurance options that protect farmers and their families. Additionally, the organization plays a crucial role in supporting education through scholarships, helping local students pursue higher education and professional development in agriculture-related fields. This dual focus on insurance and education bolsters the agricultural sector, contributes to community resilience, and fosters future generations of farmers and agricultural professionals.




This information is meant to be a general summary of Kentucky Farm Bureau Federation-Clay 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.

Revenue
$50,326 (2022)
Expenses
$73,856 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,539
  • Gross Receipts: $50,326

Assets and Liabilities:

  • Total Assets: $660,967
  • Total Liabilities: $345,966
  • Net Assets: $315,001

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Organization Details

Founding Year

1963

Principal Officer

Vickie Allen

Main Address

PO BOX 363, MANCHESTER, KY, 40962

NTEE Category

Code: K20 - Food

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