Kentucky Farm Bureau Federation

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

EIN: 610443949 ✦ Louisville, KY ✦ Designated as a 501(c)(5)

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 not tax deductible.

Here 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 volunteers at Kentucky Farm Bureau Federation.

Here are 40 key members and their salaries:

    Alvan D Graham (Executive Vice President)
  • Compensation: $457,633
  • Related: $0
  • Other: $40,858

    • Thomas Logue (Operations Director)
  • Compensation: $317,183
  • Related: $0
  • Other: $53,339

    • Matthew Ingram (Organization Director)
  • Compensation: $281,780
  • Related: $0
  • Other: $62,579

    • Jeff Harper (Public Affairs Director)
  • Compensation: $208,970
  • Related: $0
  • Other: $53,300

    • Lawrence J Cain (Commodity Director)
  • Compensation: $152,286
  • Related: $0
  • Other: $60,096

    • Brian Bright (Communications Director)
  • Compensation: $165,925
  • Related: $0
  • Other: $39,543

    • Mark Haney (President) [Trustee/Director]
  • Compensation: $0
  • Related: $111,869
  • Other: $25,787

    • Eddie Melton (First Vice Pres) [Trustee/Director]
  • Compensation: $0
  • Related: $94,218
  • Other: $15,864

    • Sharon Furches (Second Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $101,605
  • Other: $0

    • Joe Paul Mattingly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $34,855

    • Shane Wiseman (Director)
  • Compensation: $0
  • Related: $19,800
  • Other: $11,466

    • Tim Goodlett (Director)
  • Compensation: $0
  • Related: $21,432
  • Other: $0

    • Victor Rexroat (Director)
  • Compensation: $0
  • Related: $21,332
  • Other: $0

    • Mitchel Logsdon (Director)
  • Compensation: $0
  • Related: $21,132
  • Other: $0

    • Donald Miniard (Director)
  • Compensation: $0
  • Related: $21,132
  • Other: $0

    • Larry Thomas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $20,268

    • Mary Kate Kordes (Director)
  • Compensation: $0
  • Related: $20,232
  • Other: $0

    • Mary Jane Cannon (Director)
  • Compensation: $0
  • Related: $20,057
  • Other: $0

    • Tyler Ferguson (Director)
  • Compensation: $0
  • Related: $20,032
  • Other: $0

    • Ray Allan Mackey (Director)
  • Compensation: $0
  • Related: $19,982
  • Other: $0

    • Stewart Hughes (Director)
  • Compensation: $0
  • Related: $19,982
  • Other: $0

    • J Scott Davis (Director)
  • Compensation: $0
  • Related: $19,232
  • Other: $0

    • Scott Barnes (Director)
  • Compensation: $0
  • Related: $17,057
  • Other: $0

    • Pj Milburn (Director)
  • Compensation: $0
  • Related: $16,982
  • Other: $0

    • Heather Graham (Director)
  • Compensation: $0
  • Related: $15,682
  • Other: $0

    • Larry Clark (Director)
  • Compensation: $0
  • Related: $12,500
  • Other: $0

    • Terry Lawson (Director)
  • Compensation: $0
  • Related: $7,750
  • Other: $0

    • Glenn Howell (Director)
  • Compensation: $0
  • Related: $7,700
  • Other: $0

    • Alex Barnett (Director)
  • Compensation: $0
  • Related: $4,050
  • Other: $3,050

    • Marshall Coyle (Past President) [Trustee/Director]
  • Compensation: $0
  • Related: $2,400
  • Other: $4,385

    • Mark Kinsey (Director)
  • Compensation: $0
  • Related: $6,600
  • Other: $0

    • Cloyce Warren Hinkle (Director)
  • Compensation: $0
  • Related: $3,450
  • Other: $2,890

    • David Mcglone (Director)
  • Compensation: $0
  • Related: $5,700
  • Other: $0

    • Scott Travis (Director)
  • Compensation: $0
  • Related: $5,450
  • Other: $0

    • Brandon K Davis (Director)
  • Compensation: $0
  • Related: $5,400
  • Other: $0

    • Ricky Lee Arnett (Director)
  • Compensation: $0
  • Related: $4,850
  • Other: $0

    • Kelly Thurman (Director)
  • Compensation: $0
  • Related: $4,650
  • Other: $0

    • Roger Fannin (Director)
  • Compensation: $0
  • Related: $3,900
  • Other: $0

    • Anthony Brock (Director)
  • Compensation: $0
  • Related: $600
  • Other: $0

    • Nancy Cox (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.kyfb.com

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

    The 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.

    Impact

    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.




    Thursday, August 15, 2024

    Kentucky Farm Bureau Federation plays a significant role in advancing and improving agricultural and allied interests in Kentucky. With a membership of over 468,000 individuals, the organization serves as the voice of agriculture, working tirelessly to identify problems, develop solutions, promote economic success, and enhance the quality of life for all members and their communities. Through its grassroots efforts, the Kentucky Farm Bureau Federation has a tangible impact on the agricultural sector and the overall well-being of its members.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    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
  • 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

    Principal Officer

    Drew Graham

    Main Address

    9201 BUNSEN PARKWAY PO BOX 20700, LOUISVILLE, KY, 402500700

    NTEE Category

    Code: K20 - Food

    If you are a representative of Kentucky Farm Bureau Federation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.