Kentucky Farm Bureau Federation
- Assets
- $394.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Shepherdsville, KY
- Founding
- 03/1964
- Data as of
- 12/2023
- EIN
- 61-6039150
Organization Overview
Kentucky Farm Bureau Federation is located in Shepherdsville, 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 12/2023, Kentucky Farm Bureau Federation generated $103.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $131.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.1%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kyle Skidmore Presidnt | 0 | $0 | |
David Obryan Vice Pres | 0 | $0 | |
Aimee Brooks Sec | 35 | $25,800 | |
Brian Bleemel Treas | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $99,626 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$394 |
| Other Revenue | $4,395 |
| Total Revenue | $103,627 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $67,018 |
| Salaries, other compensation, and employee benefits | $35,360 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $12,514 |
| Total expenses | $131,942 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $154,927 |
| Other assets | $0 |
| Total assets | $393,988 |
| Total liabilities | $0 |
| Net assets or fund balances | $393,988 |