Attach to Form 990 or 990-EZ.
Information about Schedule O (Form 990 or 990-EZ) and its instructions is at| Return Reference | Explanation |
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| FORM 990, PART VI, SECTION A, LINE 4 | THE ORGANIZATION'S BYLAWS WERE AMENDED DURING THE YEAR TO MAKE THE FOLLOWING CHANGES: -MEMBERSHIP CLASSIFICATIONS WERE CHANGED FROM "VOTING," "ASSOCIATE FARMER AND "ASSOCIATE" TO "AGRICULTURAL MEMBER AND "MEMBER" -THE QUALIFICATIONS OF DELEGATES WERE CHANGED -THE METHOD OF APPORTIONING DELEGATES WAS CHANGED -STATE AND COUNTY SUPPORTER CATEGORIES WERE CREATED. |
| FORM 990, PART VI, SECTION A, LINE 6 | EACH COUNTY FARM BUREAU HOLDING A MEMBERSHIP IN THIS FEDERATION SHALL CLASSIFY EACH INDIVIDUAL MEMBERSHIP ACCORDING TO THE FOLLOWING THREE CLASSIFICATIONS: VOTING FARMER MEMBER, ASSOCIATE FARMER MEMBER, AND ASSOCIATE MEMBER. VOTING MEMBERS ARE ELIGIBLE TO VOTE ON ALL POLICIES AND OFFICIAL ACTIONS, TO HOLD OFFICE, AND TO SERVE AS VOTING DELEGATES TO OFFICIAL MEETINGS OF THE STATE ORGANIZATION. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE BOARD OF DIRECTORS ARE ELECTED ANNUALLY BY THE HOUSE OF DELEGATES AND CONSIST OF THE PRESIDENT, VICE-PRESIDENT, CHAIRMAN OF TENNESSEE FARM BUREAU WOMEN AND EIGHT (8) ADDITIONAL MEMBERS; THREE (3) TO BE ELECTED FROM THE STATE AT LARGE AND ONE (1) EACH OF THE FIVE (5) DESIGNATED DISTRICTS. THE PRESIDENT AND VICE PRESIDENT ARE ELECTED TO STAGGERED TWO-YEAR TERMS. |
| FORM 990, PART VI, SECTION B, LINE 11 | THE BOARD RETAINS THE SERVICES OF AN INDEPENDENT CPA FIRM TO PREPARE THE ORGANIZATION'S FORM 990. MANAGEMENT REVIEWS THE COMPLETED FORM 990 AND PROVIDES A FULL COPY TO ALL VOTING MEMBERS OF THE GOVERNING BODY PRIOR TO FILING. THE GOVERNING BODY IS PROVIDED A REASONABLE AMOUNT OF TIME TO REVIEW THE RETURN AND ASK ANY QUESTIONS DIRECTLY TO ORGANIZATION MANAGEMENT OR THE CONTACT AT THE INDEPENDENT CPA FIRM. |
| FORM 990, PART VI, SECTION B, LINE 12C | OFFICERS, DIRECTORS, TRUSTEES AND KEY EMPLOYEES ARE ANNUALLY REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE STATEMENT AS A PRECURSOR TO THEIR SERVICE TO THE ORGANIZATION. POTENTIAL CONFLICTS ARE LOGGED WITH AND MONITORED BY THE SECRETARY OF THE BOARD. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE PRESIDENT'S SALARY AND ANNUAL ADJUSTMENT IS ESTABLISHED AND REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS IN HIS ABSENCE. THE BOARD OF DIRECTORS ALSO APPROVES THE AVERAGE ANNUAL WAGE INCREASES FOR THE ORGANIZATION. THE CHIEF ADMINISTRATIVE OFFICER IMPLEMENTS THE BOARDS RECOMMENDATION OF ANNUAL WAGE INCREASES. THE CHIEF ADMINISTRATIVE OFFICER WITH CONSULTATION WITH THE COMPTROLLER AND TREASURER ESTABLISHES THE COMPENSATION OF ALL OTHER EMPLOYEES AND APPROVES ALL INDIVIDUAL EMPLOYEE ANNUAL WAGE ADJUSTMENTS. THE PRESIDENT APPROVES ALL COMPENSATION AND ANNUAL ADJUSTMENTS. THE COMPENSATION AND ANNUAL PERCENTAGE INCREASES OF SIMILAR ORGANIZATIONS SUCH AS UNIVERSITY OF TENNESSEE, TN DEPARTMENT OF AGRICULTURE, AND OTHERS ARE REVIEWED WHEN DEVELOPING EMPLOYEE, AND OFFICER COMPENSATION. |
| FORM 990, PART VI, SECTION C, LINE 19 | GOVERNING DOCUMENTS ARE AVAILABLE THROUGH APPLICABLE GOVERNMENT AGENCIES; THE CONFLICT OF INTEREST POLICY IS AVAILABLE UPON WRITTEN REQUEST TO THE ORGANIZATION. |
| FORM 990, PART XI, LINE 9: | EQUITY IN LOSS OF SUBSIDIARY - UNREALIZED -1,952,654. EQUITY IN EARNINGS OF AFFILIATES - UNREALIZED 6,316,158. CHANGE IN MINIMUM PENSION OBLIGATION -3,962,376. CHANGE IN MINIMUM POSTRETIREMENT HEALH BENEFITS -207,526. |
| FORM 990, PART XI, LINE 8: | THE FEDERATION ADOPTED GAAP GUIDANCE FOR ITS HEALTH AND DEFINED BENEFIT PENSION PLANS WHICH WAS APPLIED RETROSPECTIVELY, RESULTING IN A $21,518,489 DECREASE IN NET ASSETS AS OF OCTOBER 1, 2014. |
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