The Boyd County Farm Bureau Inc

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

EIN: 616033242 ✦ Ashland, KY ✦ Designated as a 501(c)(5)

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Overview

What is The Boyd County Farm Bureau Inc?

The Boyd County Farm Bureau Inc, situated in Ashland, Kentucky, is a nonprofit organization devoted to agriculture. Their primary objective is to offer insurance coverage to its members. As an integral part of the Kentucky Farm Bureau Federation, they contribute to the agricultural community by providing this essential service. The nonprofit's mission underscores its commitment to supporting farmers and agricultural businesses in the Boyd County area.

Is The Boyd County Farm Bureau Inc legitimate?

The Boyd County Farm Bureau Inc is a legitimate nonprofit organization registered as a 501(c)(5) entity. The Boyd County Farm Bureau Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $28,125

For more financial information, click here

What is the mission statement of The Boyd County Farm Bureau Inc?

The Boyd County Farm Bureau Inc, as an agriculture-focused non-profit, is committed to offering insurance coverage for its members. Its mission is centered around providing a safety net for its members, ensuring they are protected financially in various circumstances. The organization operates with the goal of safeguarding the financial well-being of its members, thereby contributing to their peace of mind and overall stability. The Boyd County Farm Bureau Inc serves as a reliable partner for its members in managing their insurance needs.

Who is the CEO of The Boyd County Farm Bureau Inc?

Brenda Dixon is the Secretary of The Boyd County Farm Bureau Inc.

What is the revenue of The Boyd County Farm Bureau Inc?

The Boyd County Farm Bureau Inc's revenue in 2022 was $177,000.

Who are the executives of The Boyd County Farm Bureau Inc and what are their salaries?

The average compensation at The Boyd County Farm Bureau Inc during 2022 was $28,125. There is 1 employee at The Boyd County Farm Bureau Inc.


There is 1 key member and their salary:


Brenda Dixon (Secretary)
  • Compensation: $28,125
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Boyd County Farm Bureau Inc?

The Boyd County Farm Bureau Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of The Boyd County Farm Bureau Inc

The Boyd County Farm Bureau, an agriculture-focused nonprofit, is dedicated to providing insurance coverage for its members. This organization, based on its mission statement, is committed to safeguarding the financial well-being of its members within the farming community. By offering insurance coverage, The Boyd County Farm Bureau seeks to provide a sense of security and peace of mind to its members, enabling them to focus on their agricultural pursuits with confidence.

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Impact




October, 2024

The Boyd County Farm Bureau Inc positively impacts the local community by providing vital insurance coverage for its members, primarily those involved in agriculture. By ensuring that farmers and agribusinesses have access to reliable and affordable insurance options, the organization contributes to the financial stability and sustainability of the agricultural sector in Ashland, KY. This support enables local farmers to mitigate risks associated with crop production and livestock management, ultimately fostering food security and promoting economic growth within the region. Through their efforts, the Boyd County Farm Bureau plays a crucial role in strengthening the agricultural community and enhancing the quality of life for its members and the broader population.




This information is meant to be a general summary of The Boyd County Farm Bureau Inc. 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
$177,000 (2022)
Expenses
$161,569 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $207
  • Gross Receipts: $181,000

Assets and Liabilities:

  • Total Assets: $776,129
  • Total Liabilities: $1,075
  • Net Assets: $775,054

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Organization Details

Founding Year

1991

Principal Officer

Brenda Dixon

Main Address

9285 US RT 60, Ashland, KY, 41102

NTEE Category

Code: K20 - Food

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