Kentucky Farm Bureau Federation is located in Mt Sterling, KY. The organization was established in 1964. According to its NTEE Classification (K28) the organization is classified as: Farm Bureaus & Granges, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Kentucky Farm Bureau Federation is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2022, Kentucky Farm Bureau Federation generated $49.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (12.5%) each year. All expenses for the organization totaled $79.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
MCFB COLLECTS STATE AND LOCAL DUES FOR APP 3450 MEMBERS. SERVICES PROVIDED BY THE LOCAL DUES: INSURANCE PROGRAM, SCHOLARSHIP PROGRAM, FRUIT PROGRAM, ESTATE PLANNING, SAFETY PROGRAM, YOUNG FARMER PROGRAM AND MEMBER DISCOUNT PROGRAM
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Byron Amburgey President | 1 | $0 | |
Berk Mark Vice President | 1 | $0 | |
George Pawley Secretary And Treasurer | 5 | $0 | |
Robert Amburgey Director | 1 | $0 | |
O H Caudill Director | 1 | $0 | |
William Reffitt Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $8,767 |
Total Program Service Revenue | $2,408 |
Membership dues | $35,800 |
Investment income | $2,513 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $49,488 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $66,559 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $9,479 |
Printing, publications, postage, and shipping | $3,411 |
Other expenses | $0 |
Total expenses | $79,449 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $96,835 |
Other assets | $0 |
Total assets | $96,835 |
Total liabilities | $0 |
Net assets or fund balances | $96,835 |