Kentucky Farm Bureau Federation
- Assets
- $271.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hawesville, KY
- Founding
- 08/1963
- Data as of
- 06/2023
- EIN
- 61-0604188
Organization Overview
Kentucky Farm Bureau Federation is located in Hawesville, KY. The organization was established in 1963. 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 06/2023, Kentucky Farm Bureau Federation generated $54.3k in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $39.4k during the year ending 06/2023. 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
PROVIDE SERVICES FOR MEMBERS, CONTRIBUTIONS AND SCHOLARSHIPS TO LOCAL NON-PROFIT CENTERS AND LOCAL SCHOOLS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Justin Obenchain President | 2 | $0 | |
Joey Powers Vice-President | 1 | $0 | |
James V Hagman Secretary - Treasurer | 1 | $0 | |
Joseph M Hagman Director | 0 | $0 | |
Kristina Wheatley Director | 0 | $0 | |
Tim Cecil Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $24,048 |
| Membership dues | $19,479 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $10,800 |
| Total Revenue | $54,327 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $7,958 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $31,454 |
| Total expenses | $39,412 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $154,022 |
| Other assets | $0 |
| Total assets | $271,029 |
| Total liabilities | $0 |
| Net assets or fund balances | $271,029 |