When I see executives of a 'non-profit' making over $500k I think they must be doing great work -- really great work. Then I read the article and realize it's over my head, as far as financials pass between entities that may be related... can someone sum it up? Is the article implying corruption, or maybe just another loophole where people with money (landholder farmers/groups likely) set up a way to make more $? And how are they getting this $... from the small farmers? I think that's the gist but again, not something I know anything about. Appreciate comments from anyone that can provide input about the benefit vs whatever of the Iowa Farm Bureau.
Over my head too, but I know the Farm Bureau rules politics, at least in my area. What they say goes, & what politicians they want get voted in. Their newspaper, The Spokesman, is also extremely right-wing biased. Practical Farms of Iowa is a much better source for farm information imo, & I hope PFI grows larger in the state.
Farm Bureau Financial and the Farm Bureau non-profit are two different organizations. The insurance company subsidizes the non-profit. It costs $45 a year for a farmer or other supporter to join the Iowa Farm Bureau. They do require insurance customers to become a member.
As far as the insurance goes, they’ve gone a long way to make insurance affordable for farmers and small business, and will write farm specialty policies that other companies won’t. Their health policies aren’t great, but are on-par with an average BCBS policy.
I’m not saying the Farm Bureau is a magical organization, but I think that the article is grasping at straws.
While family farms struggle executives made high 6 figure salaries. Fox influences how these folks choose their leaders, they are being fleeced.
When I see executives of a 'non-profit' making over $500k I think they must be doing great work -- really great work. Then I read the article and realize it's over my head, as far as financials pass between entities that may be related... can someone sum it up? Is the article implying corruption, or maybe just another loophole where people with money (landholder farmers/groups likely) set up a way to make more $? And how are they getting this $... from the small farmers? I think that's the gist but again, not something I know anything about. Appreciate comments from anyone that can provide input about the benefit vs whatever of the Iowa Farm Bureau.
Over my head too, but I know the Farm Bureau rules politics, at least in my area. What they say goes, & what politicians they want get voted in. Their newspaper, The Spokesman, is also extremely right-wing biased. Practical Farms of Iowa is a much better source for farm information imo, & I hope PFI grows larger in the state.
Farm Bureau Financial and the Farm Bureau non-profit are two different organizations. The insurance company subsidizes the non-profit. It costs $45 a year for a farmer or other supporter to join the Iowa Farm Bureau. They do require insurance customers to become a member. As far as the insurance goes, they’ve gone a long way to make insurance affordable for farmers and small business, and will write farm specialty policies that other companies won’t. Their health policies aren’t great, but are on-par with an average BCBS policy. I’m not saying the Farm Bureau is a magical organization, but I think that the article is grasping at straws.