VIRGINIA FARM BUREAU FEDERATION INC: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- VIRGINIA FARM BUREAU FEDERATION INC (EIN 54-0419002)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-05-31
- IRS object ID
- 202331519349300103
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-05-31T04:50:40-05:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 540419002 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VIRGINIA FARM BUREAU FEDERATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | VIRG | BusinessNameControlTxt |
| Phone | 8042901000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O BOX 27552 | AddressLine1Txt |
| City | RICHMOND | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 232617552 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DAVID A PRIDDY | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 8042901000 | PhoneNum |
| Signature | 2023-05-31 | SignatureDt |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | DAVID | PersonFirstNm |
| Person Last | PRIDDY | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | DAVID A PRIDDY | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O BOX 27552 | AddressLine1Txt |
| City | RICHMOND | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 232617552 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $8,538,504 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.VAFB.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1926 | FormationYr |
| Legal Domicile State | VA | LegalDomicileStateCd |
| Activity Or Mission | ENHANCING THE AGRICULTURAL INTERESTS OF MEMBERS THROUGH ECONOMIC, POLITICAL & SOCIAL PROGRAMS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 18 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 17 | VotingMembersIndependentCnt |
| Total Employee | 160 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $36,310 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $2,654,475 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $2,678,682 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,311,004 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,458,263 | CYInvestmentIncomeAmt |
| PY Other Revenue | $3,975,005 | PYOtherRevenueAmt |
| CY Other Revenue | $4,372,460 | CYOtherRevenueAmt |
| PY Total Revenue | $7,940,484 | PYTotalRevenueAmt |
| CY Total Revenue | $8,509,405 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $167,116 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $157,949 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $6,395,329 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $6,053,120 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,848,550 | PYOtherExpensesAmt |
| CY Other Expenses | $3,191,724 | CYOtherExpensesAmt |
| PY Total Expenses | $9,410,995 | PYTotalExpensesAmt |
| CY Total Expenses | $9,402,793 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$1,470,511 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$893,388 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $53,446,193 | TotalAssetsBOYAmt |
| Total Assets EOY | $45,938,196 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $10,315,498 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $10,242,916 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $43,130,695 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $35,695,280 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | WE WILL ENHANCE, PRIMARILY THROUGH ADVOCACY, EDUCATION AND COMMUNICATION, THE AGRICULTURAL INTERESTS OF FARM BUREAU MEMBERS THROUGH ECONOMIC, POLITICAL AND SOCIAL PROGRAMS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | A MAGAZINE FOR PRODUCER MEMBERS, FARM BUREAU NEWS, IS PUBLISHED FOUR TIMES A YEAR. A MAGAZINE FOR ASSOCIATE MEMBERS, CULTIVATE, IS PUBLISHED FOUR TIMES A YEAR. THE PURPOSE OF THE FARM BUREAU NEWS IS TO KEEP PRODUCER MEMBERS (FARMERS) ABREAST AND AWARE OF AGRICULTURAL ISSUES AND PROVIDE THEM WITH EDUCATIONAL MATERIALS. THE PURPOSE OF CULTIVATE IS TO PROMOTE THE IMPORTANCE OF AGRICULTURE TO OUR ASSOCIATE (NON-FARMER) MEMBERS. A WEEKLY TELEVISION PROGRAM PRODUCED BY VIRGINIA FARM BUREAU, REAL VIRGINIA, IAIRS WEEKLY ON 40 LOCAL ACCESS, GOVERNMENT ACCESS, PUBLIC TELEVISION AND NETWORK AFFILIATE STATIONS, AND ON RFD-TV AND THE DISH AND DIRECTV SATELLITE NETWORKS. THE PURPOSE IS TO PROMOTE THE IMPORTANCE OF AGRICULTURE. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PROMOTIONAL SUPPORT IS PROVIDED TO COUNTY FARM BUREAUS THROUGH THE COUNTY NEWSLETTER PROGRAM, AS WELL AS THE DESIGN AND WRITING OF BROCHURES, PRINT ADS AND RADIO ADS. THE FEDERATION ALSO PROVIDES MEDIA RELATIONS TRAINING AND SUPPORT TO COUNTY FARM BUREAUS. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | A SPECIALLY TRAINED STAFF PROMOTES THE ORGANIZATION'S INTERESTS IN THE STATE AND FEDERAL LEGISLATIVE PROCESS THROUGH MEDIA RELATIONS AND PROMOTIONAL TECHNIQUES SUCH AS WEB SITES AND PUBLIC RELATIONS EVENTS. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (5 entries)
| DescDesc |
|---|
| AGRICULTURE, DEVELOPMENT AND INNOVATION |
| SPECIAL PROGRAMS |
| GROUP PURCHASING |
| PROGRAM DEVELOPMENT |
| MARKETING SERVICES |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Subject To Proxy Tax | Yes (1) | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 146 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 160 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 18 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 17 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | 0 | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | Yes (1) | LocalChaptersInd |
| Policies Reference Chapters | Yes (1) | PoliciesReferenceChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DAVID PRIDDY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8042901000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 12580 WEST CREEK PARKWAY | AddressLine1Txt |
| City | RICHMOND | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 23238 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (27 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| WAYNE F PRYOR | |||||||
| PRESIDENT | 40.00 | Yes (X) | Yes (X) | $424,781 | $0 | $37,880 | |
| SCOTT E SINK | |||||||
| VICE PRESIDENT | 2.00 | Yes (X) | Yes (X) | $19,967 | $0 | $0 | |
| EMILY F EDMONDSON | |||||||
| DIRECTOR | 2.00 | Yes (X) | $3,722 | $0 | $18,835 | ||
| MARVIN L EVERETT JR | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $26,280 | ||
| THOMAS E GRAVES JR | |||||||
| DIRECTOR | 2.00 | Yes (X) | $11,569 | $0 | $9,184 | ||
| DAVID L HICKMAN | |||||||
| DIRECTOR | 2.00 | Yes (X) | $15,541 | $0 | $4,635 | ||
| JORDAN M JENKINS JR | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $29,770 | ||
| MICHELLE FOX | |||||||
| DIRECTOR | 2.00 | Yes (X) | $3,659 | $0 | $0 | ||
| ROBERT J MILLS JR | |||||||
| DIRECTOR | 2.00 | Yes (X) | $5,991 | $0 | $14,122 | ||
| RICHARD L SUTHERLAND | |||||||
| DIRECTOR | 2.00 | Yes (X) | $15,917 | $0 | $0 | ||
| CHAPMAN LEIGH H PEMBERTON | |||||||
| DIRECTOR | 2.00 | Yes (X) | $17,960 | $0 | $1,922 | ||
| PETER A TRUBAN | |||||||
| FORMER DIRECTOR | 2.00 | Yes (X) | $12,463 | $0 | $7,001 | ||
| WILLIAM F OSL JR | |||||||
| DIRECTOR | 2.00 | Yes (X) | $15,226 | $0 | $3,301 | ||
| A FAYE HUNDLEY | |||||||
| DIRECTOR | 2.00 | Yes (X) | $16,817 | $0 | $0 | ||
| BARRY BATES | |||||||
| DIRECTOR | 2.00 | Yes (X) | $16,917 | $0 | $0 | ||
| BRUCE N STANGER | |||||||
| DIRECTOR | 2.00 | Yes (X) | $8,120 | $0 | $11,818 | ||
| RUSSELL L WILLIAMS II | |||||||
| DIRECTOR | 2.00 | Yes (X) | $16,967 | $0 | $0 | ||
| JUSTIN PENCE | |||||||
| DIRECTOR | 2.00 | Yes (X) | $3,659 | $0 | $0 | ||
| JEANNIE L DUDDING | |||||||
| DIRECTOR | 2.00 | Yes (X) | $17,117 | $0 | $0 | ||
| LINDY T FIMON | |||||||
| FORMER DIRECTOR | 2.00 | Yes (X) | $12,113 | $0 | $2,273 | ||
| DAVID A PRIDDY | |||||||
| TREASURER | 4.00 | Yes (X) | $0 | $0 | $0 | ||
| MARC FOLLMER | |||||||
| ASSISTANT SECRETARY | 4.00 | Yes (X) | $0 | $0 | $0 | ||
| KATHLEEN EARLY | |||||||
| SECRETARY | 40.00 | Yes (X) | $147,144 | $0 | $14,290 | ||
| CLAY FRANCIS | |||||||
| HIGHLY COMPENSATED EMPLOYE | 40.00 | $223,255 | $0 | $22,570 | Yes (X) | ||
| MARTHA MOORE | |||||||
| HIGHLY COMPENSATED EMPLOYE | 40.00 | $193,800 | $0 | $28,544 | Yes (X) | ||
| DENNIS JONES | |||||||
| HIGHLY COMPENSATED EMPLOYE | 40.00 | $136,863 | $0 | $16,281 | Yes (X) | ||
| WILMER N STONEMAN III | |||||||
| HIGHLY COMPENSATED EMPLOYE | 40.00 | $164,748 | $0 | $20,781 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,504,316 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $269,487 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 6 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| JAMES L SANDERS | |||||
| 1983 NAYLORS BEACH ROAD | WARSAW | VA | 22572 | HAULING | $179,421 |
| IDEAL HAULING LLC | |||||
| 28 RANKIN LANE | STUARTS DRAFT | VA | 24477 | HAULING | $176,297 |
| ROBERT PATTON | |||||
| 5482 POWCAN ROAD | BRUINGTON | VA | 23023 | HAULING | $176,177 |
| ASHMAN BROTHERS FARMING LLC | |||||
| 12641 N LODORE ROAD | AMELIA | VA | 23008 | HAULING | $118,600 |
| MTN VIEW AG EXPRESS LLC | |||||
| 76 NEWPORT ROAD | STEELES TAVERN | VA | 24476 | HAULING | $106,408 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MEMBERSHIP DUES | Desc |
| Business | 110000 | BusinessCd |
| Total Revenue Column | $2,678,682 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,678,682 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $2,678,682 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,361,563 | TotalRevenueColumnAmt |
| Exclusion | $1,361,563 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,171,019 | TotalRevenueColumnAmt |
| Exclusion | $4,171,019 | ExclusionAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $29,099 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -$29,099 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$29,099 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$29,099 | RelatedOrExemptFuncIncomeAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $96,700 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $0 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $96,700 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $96,700 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $96,700 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| MISCELLANEOUS | 110000 | $194,230 | $194,230 | |
| ADVERTISING INCOME | 541800 | $36,310 | $36,310 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $230,540 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $8,509,405 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,746,283 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $36,310 | UnrelatedBusinessRevenueAmt |
| Exclusion | $5,726,812 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $157,949 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,028,679 | TotalAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,810,420 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | -$79,736 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $293,757 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,762 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,199 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $198,637 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $381,489 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $261,510 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $539,881 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $525,850 | TotalAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,380 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $521,582 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,307 | TotalAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $666,885 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,502 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $36,402 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| RADIO AND RECORDING | $54,429 |
| DUES AND SUBSCRIPTIONS | $39,157 |
| PROPERTY & OTHER TAXES | $34,299 |
| OTHER | -$106,547 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,402,793 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,433,968 | BOYAmt |
| EOY | $3,134,793 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,513,174 | BOYAmt |
| EOY | $6,444,100 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $297,040 | BOYAmt |
| EOY | $489,847 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $126,053 | BOYAmt |
| EOY | $110,686 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $2,032,558 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,726,048 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $337,111 | BOYAmt |
| EOY | $306,510 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $31,376,021 | BOYAmt |
| EOY | $24,845,968 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $347,519 | BOYAmt |
| EOY | $242,992 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,015,307 | BOYAmt |
| EOY | $10,363,300 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $53,446,193 | BOYAmt |
| EOY | $45,938,196 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,386,137 | BOYAmt |
| EOY | $4,285,726 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $970,035 | BOYAmt |
| EOY | $1,155,580 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $583,333 | BOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,375,993 | BOYAmt |
| EOY | $4,801,610 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,315,498 | BOYAmt |
| EOY | $10,242,916 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,511,458 | BOYAmt |
| EOY | $15,195,677 | EOYAmt |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,586,843 | BOYAmt |
| EOY | $20,467,040 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,394 | BOYAmt |
| EOY | $32,563 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $43,130,695 | BOYAmt |
| EOY | $35,695,280 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $53,446,193 | BOYAmt |
| EOY | $45,938,196 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$893,388 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$6,542,027 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantially All Dues Nonded | Yes (1) | SubstantiallyAllDuesNondedInd |
| Only In House Lobbying | Yes (1) | OnlyInHouseLobbyingInd |
| Agree Carryover Prior Year | 0 | AgreeCarryoverPriorYearInd |
Schedule D IRS990ScheduleD
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $581,976 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $1,450,582 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,726,048 | DepreciationAmt |
| Book Value | $306,510 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $306,510 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (3 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| NET INVESTMENT IN DIRECT FINANCING LEASE | $6,989,132 |
| DUE FROM AFFILIATES | $3,299,682 |
| WORK IN PROGRESS | $74,486 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $10,363,300 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| ACCRUED POST RETIREMENT BENEFITS | $2,211,446 |
| DEFERRED COMPENSATION PAYABLE | $2,028,289 |
| DUES PAYABLE | $281,310 |
| MISC OTHER LIABILITIES | $280,565 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $4,801,610 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE COMPANY ADOPTED THE FINANCIAL ACCOUNTING STANDARDS BOARD'S (FASB) AUTHORITATIVE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES AS OF JANUARY 1, 2009. THE COMPANY ANALYZED FILING POSITIONS IN ALL OF THE FEDERAL AND STATE JURISDICTIONS WHERE IT IS REQUIRED TO FILE INCOME TAX RETURNS, AS WELL AS ALL OPEN TAX YEARS IN THESE JURISDICTIONS. THE PERIODS SUBJECT TO EXAMINATION FOR THE COMPANY'S FEDERAL AND STATE RETURNS ARE THE 2017, 2018, 2019 AND 2020 TAX YEARS. THE COMPANY DID NOT HAVE ANY UNCERTAIN TAX BENEFITS AND THERE WAS NO EFFECT ON THE COMPANY'S FINANCIAL CONDITION OR RESULTS OF OPERATIONS AS A RESULT OF IMPLEMENTING THE AUTHORITATIVE GUIDANCE. IT IS THE COMPANY'S POLICY TO RECOGNIZE INTEREST AND PENALTIES ACCRUED ON ANY UNCERTAIN TAX BENEFITS AS A COMPONENT OF INCOME TAX EXPENSE. AS OF THE DATE OF ADOPTION OF THE FASB'S AUTHORITATIVE GUIDANCE ON ACCOUNTING FOR UNCERTAIN TAX POSITIONS AND AS OF DECEMBER 31, 2018. THE COMPANY DID NOT HAVE ACCRUED INTEREST OR PENALTIES ASSOCIATED WITH ANY UNCERTAIN TAX BENEFITS, NOR WAS ANY INTEREST EXPENSE RECOGNIZED DURING THE YEAR ENDED DECEMBER 31, 2018. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VIRGINIA FFA FOUNDATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 40 | AddressLine1Txt |
| City | WEYERS CAVE | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 24486 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 541291124 | RecipientEIN |
| Cash Grant | $10,000 | CashGrantAmt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
| Purpose Of Grant | DONATION TO GENERAL OPERATING FUND | PurposeOfGrantTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (6 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| WAYNE F PRYOR | ||||||||||||||
| PRESIDENT | $289,722 | $0 | $126,010 | $0 | $9,049 | $0 | $26,180 | $0 | $11,700 | $0 | $462,661 | $0 | $0 | $0 |
| CLAY FRANCIS | ||||||||||||||
| HIGHLY COMPENSATED EMPLOYE | $182,948 | $0 | $40,307 | $0 | $0 | $0 | $10,870 | $0 | $11,700 | $0 | $245,825 | $0 | $0 | $0 |
| MARTHA MOORE | ||||||||||||||
| HIGHLY COMPENSATED EMPLOYE | $158,811 | $0 | $34,989 | $0 | $0 | $0 | $15,308 | $0 | $13,236 | $0 | $222,344 | $0 | $0 | $0 |
| WILMER N STONEMAN III | ||||||||||||||
| HIGHLY COMPENSATED EMPLOYE | $134,771 | $0 | $29,977 | $0 | $0 | $0 | $9,980 | $0 | $10,801 | $0 | $185,529 | $0 | $0 | $0 |
| KATHLEEN EARLY | ||||||||||||||
| SECRETARY | $122,860 | $0 | $23,763 | $0 | $521 | $0 | $7,382 | $0 | $6,908 | $0 | $161,434 | $0 | $0 | $0 |
| DENNIS JONES | ||||||||||||||
| HIGHLY COMPENSATED EMPLOYE | $116,011 | $0 | $20,852 | $0 | $0 | $0 | $8,205 | $0 | $8,076 | $0 | $153,144 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 3 | THE OFFICE OF PRESIDENT OF THE VIRGINIA FARM BUREAU FEDERATION IS AN ELECTED POSITION. PERIODICALLY, HUMAN RESOURCES SENDS THE COMPENSATION COMMITTEE THE PRESIDENT'S CURRENT SALARY, THE SALARY RANGE OF THE POSITION, AND THE AVERAGE SUGGESTED INCREASE PERCENTAGE FOR EXECUTIVES BASED ON SALARY SURVEY DATA. THE SALARY IS REVIEWED AND THE INCREASE IS RECOMMENDED BY THE COMPANY'S COMPENSATION COMMITTEE WHICH IS MADE UP OF FIVE OF THE EIGHTEEN BOARD OF DIRECTORS. THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE RECOMMENDATION OF THE COMPENSATION COMMITTEE. THIS PROCESS IS REVIEWED DURING THE EXECUTIVE SESSION OF THE BOARD OF DIRECTORS. THE SECRETARY OF THE COMPANY HAS RECORDED MINUTES OF THE SALARY APPROVAL. THIS IS AN ANNUAL PROCESS WHICH OCCURS DURING THE FIRST QUARTER OF THE YEAR FOLLOWING AND THE SALARY IS EFFECTIVE JANUARY 1 OF THE FOLLOWING YEAR. |
| PART I, LINE 4B | WAYNE F PRYOR $20,500 EMILY F EDMONDSON $12,895 MARVIN L EVERETT, JR $16,917 LINDY FIMON, $1,346 THOMAS E GRAVES, JR $5,698 DAVID L HICKMAN $1,726 JORDAN M JENKINS, JR $17,217 ROBERT MILLS, JR $11,126 WILLIAM F OSL, JR $1,692 LEIGH H PEMBERTON $807 BRUCE STANGER $8,797 PETER TRUBAN $796 MARTHA MOORE $13,000 KATHLEEN EARLY $2,990 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | THE VIRGINIA FARM BUREAU FEDERATION HAS 88 MEMBERS. THIS IS A FEDERATION OF THE COUNTY FARM BUREAUS IN VIRGINIA. EACH COUNTY FARM BUREAU IS AN AUTONOMOUS BODY RUN BY ITS OWN MEMBERS AND BOARDS OF DIRECTORS. EACH COUNTY FARM BUREAU HAS APPROVED JOINING WITH THE VIRGINIA FARM BUREAU FEDERATION AND THE OTHER COUNTY FARM BUREAUS IN VIRGINIA TO FORM THIS FEDERATION TO BETTER SERVE THE MEMBERS OF ALL FARM BUREAUS IN VIRGINIA. |
| FORM 990, PART VI, SECTION A, LINE 7A | MEMBERS OF THE GOVERNING BODY ARE ELECTED BY THE MEMBERS OF THE ORGANIZATION. VOTING STRENGTH OF THE MEMBERS IS DETERMINED BY THE NUMBER OF PRODUCER MEMBERS WITHIN EACH COUNTY FARM BUREAU. THE MEMBERS OF THE VIRGINIA FARM BUREAU FEDERATION (88 COUNTY FARM BUREAUS) HAVE THE AUTHORITY TO, AND DO, ELECT ALL THE MEMBERS OF THE BOARD OF DIRECTORS. EACH COUNTY FARM BUREAU SENDS THEIR VOTING REPRESENTATIVES TO A MEETING OF THE FEDERATION. REPRESENTATIVES FROM EACH COUNTY FARM BUREAU IN A DISTRICT NOMINATE A PERSON TO SIT ON THE BOARD BUT THE ELECTION IS DECIDED BY ALL REPRESENTATIVES OF THE COUNTY FARM BUREAUS VOTING IN ONE PLACE, AT ONE TIME TO ELECT ALL MEMBERS OF THE GOVERNING BODY (THE BOARD OF DIRECTORS). |
| FORM 990, PART VI, SECTION A, LINE 7B | THE ONLY DECISIONS OF THE GOVERNING BODY (BOARD OF DIRECTORS) WHICH ARE SUBJECT TO THE APPROVAL OF THE MEMBERS ARE THOSE TO CHANGE THE BYLAWS OF THE FEDERATION. THE BOARD OF DIRECTORS CAN AMEND THE BYLAWS BUT ANY AMENDMENT IS SUBJECT TO RATIFICATION BY THE MEMBERS. |
| FORM 990, PART VI, SECTION A, LINE 8B | THERE ARE NO COMMITTEES OF THE BOARD WITH AUTHORITY TO ACT IN THE PLACE OF THE BOARD. ALL STANDING COMMITTEES ARE ADVISORY TO THE BOARD AND ARE NOT CHARGED WITH AUTHORITY TO ACT. MINUTES OF MEETINGS OF ADVISORY COMMITTEES OF THE BOARD OF DIRECTORS ARE RECORDED CONTEMPORANEOUSLY AND PRESENTED TO THE NEXT COMMITTEE MEETING WITH ANY COMMITTEE RECOMMENDATIONS REPORTED TO THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION B, LINE 11B | A COPY OF THE FORM 990 IS PROVIDED TO THE MEMBERS OF THE BOARD OF DIRECTORS' BUDGET AND AUDIT COMMITTEE BEFORE IT IS FILED. THEY ARE PROVIDED A REVIEW BY MANAGEMENT STAFF AND GIVEN AN OPPORTUNITY TO ASK ANY QUESTIONS. BEFORE COMPLETING THE FORM 990, ALL OFFICERS OF THE ORGANIZATION WITH SPECIAL KNOWLEDGE IN THE VARIOUS AREAS COVERED BY THE FORM 990 QUESTIONS ARE ASKED FOR THEIR REVIEW AND CONFIRMATION OF ACCURACY IN THE REPORT. A COPY OF THE FORM 990 IS MAINTAINED BY THE CORPORATE SECRETARY FOR THE REVIEW OF ANY MEMBERS OF THE BOARD OF DIRECTORS WHO WISHES TO REVIEW THE FORM. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE VIRGINIA FARM BUREAU'S BOARD-APPROVED WRITTEN CONFLICT OF INTEREST POLICY IS READ AND SIGNED BY EACH MEMBER OF THE BOARD OF DIRECTORS, EACH OFFICER, AND EACH KEY STAFF AT LEAST ONCE EACH CALENDAR YEAR. COPIES ARE KEPT ON FILE BY THE CORPORATE SECRETARY. ANY FORMS THAT ARE SIGNED WITH THE NOTATION OF "WITH EXCEPTION" ARE PRESENTED TO THE CHIEF EXECUTIVE OFFICER FOR HIS REVIEW AND INITIALS. IF A MANAGEMENT DECISION IS NEEDED IN AN AREA WHERE A KEY EMPLOYEE HAS SIGNED THEIR FORM AS "WITH EXCEPTION" THAT EMPLOYEE IS EXPECTED TO REPORT THAT SITUATION TO THEIR IMMEDIATE SUPERVISOR, FROM THERE IT IS TO BE RECORDED AND THEN REPORTED TO THE HUMAN RESOURCES SENIOR VICE PRESIDENT OR SENIOR MANAGEMENT IF CONSIDERED MATERIAL BY THE HUMAN RESOURCES SENIOR VICE PRESIDENT. THE CHIEF EXECUTIVE OFFICER ALSO CHAIRS ALL OF THE BOARD MEETINGS AND HAS KNOWLEDGE OF EACH DIRECTOR'S "EXCEPTIONS" FOR SIGNED/REPORTED CONFLICTS. THE CHIEF EXECUTIVE OFFICER WILL ASK A DIRECTOR TO REPORT THAT CONFLICT OR POSSIBLE CONFLICT TO THE BOARD BEFORE VOTING, OR BE ASKED TO RECUSE THEMSELVES FROM A VOTE INVOLVING A POSSIBLE CONFLICT. EITHER ACTION WOULD BE RECORDED IN THE MINUTES OF THE MEETING. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE OFFICE OF PRESIDENT OF VIRGINIA FARM BUREAU FEDERATION IS AN ELECTED POSITION. PERIODICALLY, HUMAN RESOURCES SENDS THE COMPENSATION COMMITTEE THE PRESIDENT'S CURRENT SALARY, THE SALARY RANGE OF THE POSITION, AND THE AVERAGE SUGGESTED INCREASE PERCENTAGE FOR EXECUTIVES BASED ON SALARY SURVEY DATA. THE SALARY IS REVIEWED AND THE INCREASE IS RECOMMENDED BY THE COMPANY'S COMPENSATION COMMITTEE WHICH IS MADE UP OF THREE OF THE EIGHTEEN BOARD OF DIRECTORS. THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE RECOMMENDATION OF THE COMPENSATION COMMITTEE. THIS PROCESS IS REVIEWED DURING THE EXECUTIVE SESSION OF THE BOARD OF DIRECTORS. THE SECRETARY OF THE COMPANY HAS RECORDED MINUTES OF THE SALARY APPROVAL. THIS IS AN ANNUAL PROCESS WHICH OCCURS DURING THE FIRST QUARTER OF THE YEAR FOLLOWING AND THE SALARY IS EFFECTIVE JANUARY 1 OF THE FOLLOWING YEAR. THE OFFICE OF THE CORPORATE SECRETARY OF THE VIRGINIA FARM BUREAU FEDERATION IS AN APPOINTED POSITION. A MARKET STUDY USING SALARY SURVEY DATA IS COMPLETED BY HUMAN RESOURCES TO DETERMINE THE APPROPRIATE SALARY RANGE FOR THE POSITION. THIS WAS MOST RECENTLY COMPLETED IN 2012. AN ANNUAL PERFORMANCE REVIEW PROCESS (PPR) IS DONE AND THE MERIT INCREASE IS DETERMINED BASED ON THE PPR SCORE. THE PRESIDENT WILL THEN SUBMIT THE REQUESTED SALARY INCREASE TO HUMAN RESOURCES FOR PROCESSING. DOCUMENTATION OF THE PPR RATING AND REQUESTED SALARY INCREASE IS MAINTAINED IN HUMAN RESOURCES. THIS IS AN ANNUAL PROCESS WHICH TAKES PLACE IN THE FIRST QUARTER OF THE FOLLOWING YEAR WITH SALARY INCREASES EFFECTIVE APRIL 1. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE VIRGINIA FARM BUREAU FEDERATION IS NOT REQUIRED TO PROVIDE THE GENERAL PUBLIC WITH ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS. AS A MEMBERSHIP ORGANIZATION WITH 88 MEMBERS OF THE FEDERATION (MEMBERS ARE THE COUNTY FARM BUREAUS BASED IN COUNTIES IN VIRGINIA) AND THROUGH THE COUNTY FARM BUREAUS SERVING OVER 133,000 FAMILY MEMBERSHIPS, WE WILL PROVIDE TO A MEMBER ACCESS TO THE GOVERNING DOCUMENTS, LISTS OF MEMBERS, FINANCIAL INFORMATION AND MINUTES. A MEMBER MUST SUBMIT THEIR REQUEST TO THE CORPORATE SECRETARY IN WRITING ALLOWING UP TO 10 DAYS FOR ACCESS. A REASON MUST BE GIVEN FOR THE REQUEST AND THE DOCUMENTS REQUESTED MUST HAVE RELEVANCE TO THE REASON. AT THE ANNUAL MEETING OF THE VIRGINIA FARM BUREAU FEDERATION FINANCIAL STATEMENTS ARE PROVIDED TO ALL MEMBERS AS WELL AS COPIES OF THE GOVERNING DOCUMENTS. |
| FORM 990, PART XII, LINE 2C | THE AUDIT COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS AND RECOMMENDS THE SELECTED AUDITOR TO THE FULL BOARD OF DIRECTORS FOR APPROVAL AND APPOINTMENT. |
Schedule R IRS990ScheduleR
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (7 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Entity TypeEntityTypeTxt | OwnershipOwnershipPct | Controlled OrganizationControlledOrganizationInd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|---|
| VIRGINIA FARM BUREAU HOLDING CORPORATION | ||||||||||
| 12580 WEST CREEK PARKWAY | RICHMOND | VA | 23238 | 540929947 | HOLDING COMPANY | VA | C | 1.00000 | 0 | |
| VIRGINIA FARM BUREAU SERVICE CORPORATION | ||||||||||
| 12580 WEST CREEK PARKWAY | RICHMOND | VA | 23238 | 540796340 | INSURANCE BROKER | VA | C | 0 | VIRGINIA FARM BUREAU HOLDING CORPORATION | |
| VIRGINIA FARM BUREAU INSURANCE AGENCY INC | ||||||||||
| 12580 WEST CREEK PARKWAY | RICHMOND | VA | 23238 | 540929948 | INSURANCE BROKER | VA | C | 0 | VIRGINIA FARM BUREAU HOLDING CORPORATION | |
| EMPLOYEE BENEFIT CORPORATION OF AMERICA | ||||||||||
| 12580 WEST CREEK PARKWAY | RICHMOND | VA | 23238 | 542015926 | INSURANCE BROKER | VA | C | 0 | VIRGINIA FARM BUREAU HOLDING CORPORATION | |
| CUSTOM HEALTH CARE INC | ||||||||||
| 12580 WEST CREEK PARKWAY | RICHMOND | VA | 23238 | 030382095 | INSURANCE BROKER | VA | C | 0 | VIRGINIA FARM BUREAU HOLDING CORPORATION | |
| ORGANIZATIONAL MANAGEMENT INC | ||||||||||
| 12580 WEST CREEK PARKWAY | RICHMOND | VA | 23238 | 412071427 | MARKETING SERVICE | VA | C | 0 | VIRGINIA FARM BUREAU HOLDING CORPORATION | |
| BENEFIT DESIGN GROUP INC | ||||||||||
| 12580 WEST CREEK PARKWAY | RICHMOND | VA | 23238 | 371694672 | INSURANCE BROKER | MD | C | 0 | VIRGINIA FARM BUREAU HOLDING CORPORATION | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | Yes (1) | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (7 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt |
|---|---|
| VIRGINIA FARM BUREAU HOLDING CORPORATION | |
| A | $141,355 |
| VIRGINIA FARM BUREAU SERVICE CORPORATION | |
| A | -$63,096 |
| VIRGINIA FARM BUREAU INSURANCE AGENCY INC | |
| A | $33,213 |
| EMPLOYEE BENEFITS CORPORATION OF AMERICA | |
| A | |
| CUSTOM HEALTH CARE INC | |
| A | -$26,562 |
| ORGANIZATIONAL MANAGEMENT INC | |
| A | |
| BENEFIT DESIGN GROUP INC | |
| A | |
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