Form 990 for tax year 2022
Filed by ARKANSAS FARM BUREAU FEDERATION.
Totals
- Total revenue
- $16,295,449
- Total expenses
- $12,678,525
- Contributions and grants received
- $59,624
- Grants paid
- $436,946
- Program service revenue
- $3,024,336
- Investment income
- $4,073,062
- Other revenue
- $9,138,427
- Total assets, end of year
- $67,671,791
- Total liabilities, end of year
- $9,617,217
- Net assets or fund balances, end of year
- $58,054,574
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
Listed in Part VII
-
RICH HILLMAN
PRESIDENT
- Total calculated
- $54,500
- From this org
- $54,500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 25 + 5 related
-
MIKE FREEZE
VICE PRESIDENT
- Total calculated
- $19,500
- From this org
- $19,500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 20 + 5 related
-
DAN WRIGHT
SECRETARY/TREASURER
- Total calculated
- $24,850
- From this org
- $24,850
- From related orgs
- $0
- Other
- $0
- Hours/week
- 10 + 3 related
-
JON CARROLL
DIRECTOR
- Total calculated
- $12,850
- From this org
- $12,850
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5 + 1 related
-
JOE CHRISTIAN
DIRECTOR
- Total calculated
- $11,600
- From this org
- $11,600
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5 + 1 related
-
TERRY DABBS
DIRECTOR
- Total calculated
- $17,100
- From this org
- $17,100
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5 + 1 related
-
JACK EVANS
DIRECTOR
- Total calculated
- $12,300
- From this org
- $12,300
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5 + 1 related
-
SHERRY FELTS
DIRECTOR
- Total calculated
- $9,600
- From this org
- $9,600
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5 + 1 related
-
CHASE GROVES
DIRECTOR
- Total calculated
- $14,550
- From this org
- $14,550
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5 + 1 related
-
JASON HENSON
DIRECTOR
- Total calculated
- $10,800
- From this org
- $10,800
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5 + 1 related
-
BOB SHOFNER
DIRECTOR
- Total calculated
- $8,700
- From this org
- $8,700
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5 + 1 related
-
TERRY LASTER
DIRECTOR
- Total calculated
- $8,550
- From this org
- $8,550
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5 + 1 related
-
CALEB PLYLER
DIRECTOR
- Total calculated
- $12,250
- From this org
- $12,250
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5 + 1 related
-
MEGAN ALLEN
DIRECTOR
- Total calculated
- $8,450
- From this org
- $8,450
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5 + 1 related
-
TOM JONES
DIRECTOR
- Total calculated
- $12,900
- From this org
- $12,900
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5 + 1 related
-
JOE THRASH
DIRECTOR
- Total calculated
- $12,600
- From this org
- $12,600
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5 + 1 related
-
GENE PHARR
DIRECTOR
- Total calculated
- $2,100
- From this org
- $2,100
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5 + 1 related
-
RUSTY SMITH
DIRECTOR
- Total calculated
- $12,850
- From this org
- $12,850
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5 + 1 related
-
KERRIGAN STILES
WOMEN'S COMMITTEE VICE CHA
- Total calculated
- $8,700
- From this org
- $8,700
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5 + 0.5 related
-
MONICA PASKEWITZ
YF&R VICE CHAIR
- Total calculated
- $6,600
- From this org
- $6,600
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5 + 0.5 related
-
REED STOREY
YF&R VICE CHAIR
- Total calculated
- $4,500
- From this org
- $4,500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5 + 0.5 related
-
STEVE EDDINGTON
VP, PUBLIC RELATIONS
- Total calculated
- $195,119
- From this org
- $175,617
- From related orgs
- $0
- Other
- $19,502
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $170,254
- Bonus
- $0
- Other
- $5,363
- Deferred
- $2,209
- Nontaxable benefits
- $17,293
- Filer's total
- $195,119
-
MIKE SOLOMON
VP, FINANCE & OPERATIONS
- Total calculated
- $159,995
- From this org
- $177,738
- From related orgs
- $0
- Other
- -$17,743
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $172,277
- Bonus
- $0
- Other
- $5,461
- Deferred
- -$31,459
- Nontaxable benefits
- $13,716
- Filer's total
- $159,995
-
STANLEY HILL
VP, PUBLIC POLICY
- Total calculated
- $260,235
- From this org
- $160,114
- From related orgs
- $0
- Other
- $100,121
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $155,383
- Bonus
- $0
- Other
- $4,731
- Deferred
- $88,997
- Nontaxable benefits
- $11,124
- Filer's total
- $260,235
-
EVAN TEAGUE
VP, COMMODITY & REGULATORY
- Total calculated
- $189,156
- From this org
- $188,983
- From related orgs
- $0
- Other
- $173
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $185,197
- Bonus
- $0
- Other
- $3,786
- Deferred
- -$6,897
- Nontaxable benefits
- $7,070
- Filer's total
- $189,156
-
JUSTIN REYNOLDS
VP, ORG, & MEMBER PROGRAMS
- Total calculated
- $226,952
- From this org
- $146,017
- From related orgs
- $0
- Other
- $80,935
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $142,683
- Bonus
- $0
- Other
- $3,334
- Deferred
- $63,127
- Nontaxable benefits
- $17,808
- Filer's total
- $226,952
-
LEIGH PRUSS
DIRECTOR OF FINANCE
- Total calculated
- $136,485
- From this org
- $105,911
- From related orgs
- $0
- Other
- $30,574
- Hours/week
- 40
-
DON MICKEL
DIRECTOR, IT/SYSTEMS ENGIN
- Total calculated
- $278,132
- From this org
- $186,795
- From related orgs
- $0
- Other
- $91,337
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $182,620
- Bonus
- $0
- Other
- $4,175
- Deferred
- $77,621
- Nontaxable benefits
- $13,716
- Filer's total
- $278,132
-
JOHN BAILEY
DIRECTOR, COMMODITY & REGU
- Total calculated
- $172,564
- From this org
- $133,561
- From related orgs
- $0
- Other
- $39,003
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $131,613
- Bonus
- $0
- Other
- $1,948
- Deferred
- $30,519
- Nontaxable benefits
- $8,484
- Filer's total
- $172,564
-
JEREMY WESSON
DIRECTOR, ORG. & MEMBER PR
- Total calculated
- $171,821
- From this org
- $113,818
- From related orgs
- $0
- Other
- $58,003
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $111,613
- Bonus
- $0
- Other
- $2,205
- Deferred
- $48,655
- Nontaxable benefits
- $9,348
- Filer's total
- $171,821
-
ROB ANDERSON
DIRECTOR, PUBLICY POLICY & COMMODITY
- Total calculated
- $170,129
- From this org
- $119,621
- From related orgs
- $0
- Other
- $50,508
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $117,015
- Bonus
- $0
- Other
- $2,606
- Deferred
- $34,184
- Nontaxable benefits
- $16,324
- Filer's total
- $170,129
-
JARROD YATES
EXECUTIVE VICE PRESIDENT (INCOMING)
- Total calculated
- $181,033
- From this org
- $134,598
- From related orgs
- $0
- Other
- $46,435
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $132,006
- Bonus
- $0
- Other
- $2,592
- Deferred
- $35,311
- Nontaxable benefits
- $11,124
- Filer's total
- $181,033
-
BRANDY CARROLL
DIRECTOR, COMMODITY & MARKET
- Total calculated
- $64,011
- From this org
- $109,194
- From related orgs
- $0
- Other
- -$45,183
- Hours/week
- 40
-
JEFF PITCHFORD
PUBLIC AFFAIRS & GOV RELAT
- Total calculated
- $250,602
- From this org
- $169,707
- From related orgs
- $0
- Other
- $80,895
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $166,396
- Bonus
- $0
- Other
- $3,311
- Deferred
- $64,571
- Nontaxable benefits
- $16,324
- Filer's total
- $250,602
-
MATT KING
PUBLIC AFFAIRS & GOV RELAT
- Total calculated
- $256,684
- From this org
- $178,072
- From related orgs
- $0
- Other
- $78,612
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $172,138
- Bonus
- $0
- Other
- $5,934
- Deferred
- $60,804
- Nontaxable benefits
- $17,808
- Filer's total
- $256,684
-
WARREN CARTER
EXECUTIVE VICE PRESIDENT (OUTGOING)
- Total calculated
- $323,840
- From this org
- $194,957
- From related orgs
- $0
- Other
- $128,883
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $190,914
- Bonus
- $0
- Other
- $4,043
- Deferred
- $123,168
- Nontaxable benefits
- $5,715
- Filer's total
- $323,840
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 1a · Health or social club dues or initiation fees
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Independent compensation consultant
- 3 · Approval by the board or compensation committee
Answered no
- 1b · Written policy on the line-1a expenses
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
The filer's explanations (Part III)
- PART I, LINE 1A
- COUNTRY CLUB DUES ARE PAID BY THE ORGANZIATION FOR THE MEMBERSHIP OF WARREN CARTER, EXECUTIVE VICE PRESIDENT. THESE DUES ARE NOT INCLUDED IN REPORTABLE COMPENSATION TO HIM AS THE PURPOSE OF THE MEMBERSHIP IS TO ALLOW HIM CLUB ACCESS TO FURTHER THE PURPOSES OF THE ORGANIZATION.
- PART I, LINE 1B
- WHILE THERE IS NOT A WRITTEN POLICY REGARDING THIS PAYMENT, IT WAS SPECIFICALLY APPROVED BY THE BOARD.
- SCHEDULE J
- AMOUNTS IN PART II, COLUMN C INCLUDE BOTH BENEFITS PAID DURING THE CURRENT YEAR AS WELL AS THE INCREASE OR DECREASE IN ACTUARIAL VALUE OF DEFINED BENEFIT PLANS.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
ARKANSAS FARM BUREAU FOUNDATION
$384,637
OPERATING SUPPORT
-
$22,850
JUNIOR LIVESTOCK AUCTION
-
$10,000
OPERATING SUPPORT
-
HON. STEVE WOMACK PORTRAIT FUND
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
ARKANSAS FARM BUREAU SCHOLARSHIP FOUNDATION
501(C)(3) · AWARDING SCHOLARSHIPS · AR · controlled entity
Directly controlled by ARKANSAS FARM BUREAU FEDERATION
-
ARKANSAS FARM BUREAU FOUNDATION
501(C)(3) · SUPPORTING AGRICULTURAL EDUCATION AND RESEARCH · AR · controlled entity
Directly controlled by ARKANSAS FARM BUREAU FEDERATION
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
C · RENTAL · AR · 100% owned · share of income -$83,189 · share of assets $5,489,194 · controlled entity
Directly controlled by ARKANSAS FARM BUREAU FEDERATION
-
ARKANSAS FARM BUREAU INVESTMENT CORPORATION
C · INVESTMENTS · AR · 100% owned · share of income $642,020 · share of assets $1,631,720 · controlled entity
Directly controlled by ARKANSAS FARM BUREAU FEDERATION
-
ARKANSAS CASUALTY INVESTMENTS CORPORATION
C · INVESTMENTS · AR · 100% owned · share of income $50,270 · share of assets $3,495,436 · controlled entity
Directly controlled by ARKANSAS FARM BUREAU FEDERATION
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 23 August 2024
- IRS schema version
- 2022v5.0
- Source object
- 202432399349300343
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