California Farm Bureau Federation

“The organization's governing body delegated authority to act on its behalf to an executive committee. The executive committee is president, 1st and 2nd vice presidents, administrator & secretary/treasurer. Only president and vice presidents are on the governing body. Committee monitors day-to-day operations.”

“County farm bureaus appoint delegates to the annual meeting of members.”

“County farm bureaus appoint delegates to the annual meeting of members.”

“The house of delegates elects the officers on the governing body (president and 2 vice presidents). The delegates within each district also elect their district directors, confirmed by the entire house of delegates.”

“The executive committee will ensure that the irs forms 990 and 990-t are accurate by reviewing a complete copy of the forms 990 and 990-t. The treasurer shall sign and certify that the forms are accurate and complete. Consistent with the requirements of irc sec. 6104(d) and the regulations hereunder, copies of cfbf's forms 990 and 990-t shall be made available, upon request, in a timely manner to any individual who makes a request.”

“Persons covered include all board members, officers, key employees and managers. The policy is discussed annually with all board members and each is required to update their agreement to comply with the policy. Employees also sign a new agreement each year. Conflicts are reviewed by the executive committee.”

“For the president: compensation committee (a subset of the finance committee including the finance committee chair)uses historical comparison data to review and approve compensation for president. This process was last done in fiscal year 2024. For the other officers/key employees: the president reviews and approves of the compensation for the administrator, treasurer, secretary, and general counsel. However, the president uses guidance from other current officers, human resources manager, outside data comparable compensation for similarly qualified persons, and members of the executive team, compensation committee, and finance committee as needed. The president reviews and approves the compensation of these officers on an annual basis or as needed.”

“The organization's governing documents, conflict of interest policy, and financial statements are available upon request.”

“Equity in gain of unconsolidated subsidiary 107,946.”

“Neither the process for oversight of the financial statement audit nor the process for selection of an independent accountant has changed from the prior year.”