Wyoming Farm Bureau Federation

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

EIN: 830175474 ✦ Laramie, WY ✦ Designated as a 501(c)(5)

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Overview

What is Wyoming Farm Bureau Federation?

The Wyoming Farm Bureau Federation is a nonprofit organization based in Laramie, Wyoming, specifically at 931 Boulder Drive. Its primary focus is on advocating for policies related to agriculture, which are established by county delegates during annual meetings and documented in the organization's policy book. The organization actively engages in legislation at a state level that aligns with these policies. Additionally, they keep their members informed about any rules and regulations that could impact their agricultural operations. Wyoming Farm Bureau Federation's mission is to improve and stabilize the agricultural industry for its members by enhancing efficiency in production, distribution, and marketing of agricultural products. They also collaborate with county Farm Bureaus and similar organizations in Wyoming to coordinate activities and advocate for favorable legislation and public relations. The organization currently employs 7 individuals.


Official website here: www.wyfb.org

Is Wyoming Farm Bureau Federation legitimate?

Wyoming Farm Bureau Federation is a legitimate nonprofit organization registered as a 501(c)(5) entity. Wyoming 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: $126,165
Professional Fundraising Fees: $0
Other Salaries and Wages: $287,065

For more financial information, click here


Official website here: www.wyfb.org

What is the mission statement of Wyoming Farm Bureau Federation?

The Wyoming Farm Bureau Federation's mission is to enhance the agricultural industry for its members by improving efficiency in production, distribution, and marketing of agricultural products. The organization aims to strengthen state-level Farm Bureaus and similar organizations, coordinating their activities to advocate for favorable legislation and maintain satisfactory public relations and services. Their goal is to adopt and administer effective national and state legislation, ultimately benefiting the agricultural sector.


Official website here: www.wyfb.org

What is the revenue of Wyoming Farm Bureau Federation?

Wyoming Farm Bureau Federation's revenue in 2023 was $1,785,065.


Official website here: www.wyfb.org

Who are the executives of Wyoming Farm Bureau Federation and what are their salaries?

The average compensation at Wyoming Farm Bureau Federation during 2023 was $50,563. There 10 volunteers at Wyoming Farm Bureau Federation.

Here are 10 key members and their salaries:


Ken Hamilton (Exectutive V)
  • Compensation: $118,965
  • Related: $0
  • Other: $0
Cole Coxbill (Vice Preside)
  • Compensation: $1,900
  • Related: $0
  • Other: $0
Thad Dockery (Board Direct)
  • Compensation: $1,600
  • Related: $0
  • Other: $0
Justin Ellis (Board Direct)
  • Compensation: $1,150
  • Related: $0
  • Other: $0
Kevin Baars (Board Direct)
  • Compensation: $1,050
  • Related: $0
  • Other: $0
Tim Pexton (Board Direct)
  • Compensation: $900
  • Related: $0
  • Other: $0
Raenell Taylor (Board Direct)
  • Compensation: $600
  • Related: $0
  • Other: $0
Todd Fornstrom (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lane Hageman (Board Direct)
  • Compensation: $0
  • Related: $0
  • Other: $0
Quade Palm (Board Direct)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.wyfb.org

Where can I find the form 990 for Wyoming Farm Bureau Federation?

Wyoming Farm Bureau Federation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.wyfb.org

Learn more at the official website: www.wyfb.org

Mission Statement of Wyoming Farm Bureau Federation

The Wyoming Farm Bureau Federation, as a nonprofit organization, is committed to promoting, improving, and stabilizing the agricultural industry in which its members are engaged. Their mission is twofold: firstly, they aim to enhance the efficiency in the production, distribution, and marketing of agricultural products. This involves working towards optimizing farming practices and ensuring a seamless flow of agricultural goods from the farm to the market.

Secondly, the Wyoming Farm Bureau Federation seeks to strengthen and coordinate the activities of county farm bureaus and similar organizations within Wyoming. This collaboration is crucial in fostering a unified front, enabling the adoption and effective implementation of national and state legislation that benefits the agricultural sector. The organization's ultimate goal is to develop and sustain positive public relations and services for the agricultural industry, ensuring its continued growth and success.

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Impact




October, 2024

The Wyoming Farm Bureau Federation plays a pivotal role in shaping the agricultural landscape of the state. By focusing on agriculture education and advocacy, it ensures that the voices of farmers and ranchers are heard in legislative matters. The organization actively engages its members in establishing policy positions through annual meetings, where county farm bureau delegates gather to discuss and determine key issues affecting the agricultural community.

One of the Federation's primary functions is to monitor and inform its members about legislative developments at the state level that align with these established policies. This proactive approach not only keeps members informed about rules and regulations but also empowers them to adapt their operations accordingly. The organization consistently communicates developments in natural and environmental resources, general agricultural issues, transportation, telecommunications, governmental affairs, and taxation—areas that significantly impact farming practices and profitability.

Furthermore, the Wyoming Farm Bureau Federation acts as a bridge to strengthen county farm bureaus and similar organizations throughout the state. By coordinating the efforts of local leadership, it fosters collaboration and ensures that collective goals can be championed effectively. This collaboration enhances public relations and services related to agriculture, ultimately promoting a more robust and stable agricultural industry in Wyoming.

Through its comprehensive advocacy efforts and educational initiatives, the Wyoming Farm Bureau Federation significantly contributes to the efficiency and sustainability of agricultural operations, allowing its members to thrive in a complex and dynamic environment.




This information is meant to be a general summary of Wyoming 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.

Revenue
$1,785,065 (2023)
Expenses
$1,209,999 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $98,576
  • Program Service Revenue: $60,031
  • Gross Receipts: $1,785,065

Assets and Liabilities:

  • Total Assets: $3,819,230
  • Total Liabilities: $790,105
  • Net Assets: $3,029,125

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

FARM BUREAU QUARTERLY

Revenue

$60,031

Organization Details

Founding Year

1946

Principal Officer

Ken Hamilton

NTEE Category

Code: K20 - Food

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