Kentucky Farm Bureau Federation
- Assets
- $125.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Brooksville, KY
- Founding
- 03/1964
- Data as of
- 09/2023
- EIN
- 61-0527233
Organization Overview
Kentucky Farm Bureau Federation is located in Brooksville, 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 09/2023, Kentucky Farm Bureau Federation generated $52.5k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 12.7% each year . All expenses for the organization totaled $42.9k during the year ending 09/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
FARM BUREAU INSURANCE FEDERATION DUES COLLECTED AT LOCAL LEVEL, PORTION OF DUES IS PAID TO DISTRICT ASSOCIATION MEMBERSHIP MEETING - 1,995 MEMBERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alex Hyrcza President | 2 | $0 | |
Betty Newman Vice Pres/womens Chair | 2 | $0 | |
Cary Carl Sec/treasurer | 2 | $0 | |
Louise Monyhon Director/womens Chair | 2 | $0 | |
Drew Hyrcza Director | 2 | $0 | |
Marie Courts Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $20,782 |
| Investment income | $185 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$1 |
| Other Revenue | $31,512 |
| Total Revenue | $52,478 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $8,768 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $6,168 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $27,920 |
| Total expenses | $42,856 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $125,331 |
| Other assets | $0 |
| Total assets | $125,331 |
| Total liabilities | $0 |
| Net assets or fund balances | $125,331 |