Kentucky Farm Bureau Federation is located in Salyersville, 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 $41.1k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $13.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (11.4%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Gullett President | 12 | $0 | |
Lula Reed Vice President | 6 | $0 | |
Wayne D Collinsworth Secretarytreasurer | 8 | $0 | |
James Reed Director | 2 | $0 | |
Darrel Ketih Director | 2 | $0 | |
Maurine Arnett Director | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,998 |
| Membership dues | $28,685 |
| Investment income | $9,600 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $785 |
| Total Revenue | $41,068 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $727 |
| Salaries, other compensation, and employee benefits | $600 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $9,017 |
| Total expenses | $13,307 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $51,358 |
| Other assets | $0 |
| Total assets | $497,569 |
| Total liabilities | $183,653 |
| Net assets or fund balances | $313,916 |