Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $360,000

• 1e · Government grants (contributions)

  $533,615

• 1f · All other contributions, gifts and grants

  $324,464

• 1g · Noncash contributions included above

  $69,945

• 3 · Investment income

  total -$119,193 · related or exempt $1,359 · excluded -$120,552

• 8a · Fundraising events: gross income

  $69,238

• 8b · Fundraising events: direct expenses

  $79,421

• 8c · Net income from fundraising events

  total -$10,183 · excluded -$10,183

• 11a · Other revenue: FISCAL SPONSORSHIP FEES

  total $2,929 · excluded $2,929

• 11b · Other revenue: ENDOWMENT CONTRIBUTIONS

  total $1,500 · excluded $1,500

• 11e · Other revenue, total

  $4,429

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $68,425 · management and general $68,425

• 7 · Other salaries and wages

  total $501,961 · program services $427,754 · management and general $74,207

• 8 · Pension plan contributions

  total $38,721 · program services $29,366 · management and general $9,355

• 9 · Other employee benefits

  total $57,669 · program services $36,408 · management and general $21,261

• 10 · Payroll taxes

  total $44,790 · program services $33,958 · management and general $10,832

• 11a · Fees: management

  total $1,385 · management and general $1,385

• 11b · Fees: legal

  total $9,974 · program services $9,927 · management and general $47

• 11c · Fees: accounting

  total $10,716 · program services $2,929 · management and general $7,787

• 12 · Advertising and promotion

  total $6,527 · program services $5,027 · management and general $1,500

• 13 · Office expenses

  total $32,036 · program services $23,281 · management and general $8,755

• 14 · Information technology

  total $18,819 · program services $9,066 · management and general $9,753

• 16 · Occupancy

  total $47,576 · program services $25,824 · management and general $21,752

• 17 · Travel

  total $72,405 · program services $71,997 · management and general $408

• 19 · Conferences, conventions and meetings

  total $17,697 · program services $10,889 · management and general $6,808

• 23 · Insurance

  total $8,946 · program services $2,201 · management and general $6,745

• 24a · Other expenses: CONTRACTED SERVICES

  total $327,690 · program services $327,690

• 24b · Other expenses: IN-KIND EXPENSE

  total $69,946 · program services $69,946

• 24c · Other expenses: RURAL ECON DEVELOPMENT

  total $20,452 · program services $20,452

• 24d · Other expenses: CO-OP LITERACY

  total $12,080 · program services $12,080

• 24e · All other expenses

  total $13,266 · program services $145,484 · management and general -$132,218

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $297,935 · end of year $122,181

• 2 · Savings and temporary cash investments

  beginning of year $150,013 · end of year $151,372

• 4 · Accounts receivable

  beginning of year $171,968 · end of year $171,010

• 9 · Prepaid expenses and deferred charges

  beginning of year $4,322 · end of year $7,259

• 11 · Investments: publicly traded securities

  beginning of year $705,590 · end of year $594,169

• 12 · Investments: other securities

  beginning of year $179,564 · end of year $168,767

• 15 · Other assets

  beginning of year $303,009 · end of year $304,303

• 17 · Accounts payable and accrued expenses

  beginning of year $181,547 · end of year $115,792

• 19 · Deferred revenue

  beginning of year $7,340

• 25 · Other liabilities

  beginning of year $21,239 · end of year $88,943

• 27 · Net assets without donor restrictions

  beginning of year $1,039,094 · end of year $881,908

• 28 · Net assets with donor restrictions

  beginning of year $563,181 · end of year $432,418

The filer's explanations (Part III)

SCHEDULE J, PAGE 1, PART I, LINE 5B

EMPLOYEES OF FARMERS UNION SERVICE ASSOCIATION, A RELATED ORGANIZATION THAT IS TAXED AS A C CORPORATION, PAID BONUSES TO EIGHT EMPLOYEES BASED UPON THE REVENUE OF FARMERS UNION SERVICE ASSOCIATION AS FOLLOWS: KYLE BRADLEY 108,110, JEFF MCGIMSEY 21,114, TIM BROWN 30,319, VIDKIE PARK 28,746, BEN RAINBOLT 14,750, CHRISTOPHER YOUNG 7,666, SHELLEY WESTPHAL 22,125, AND LELA LADD 19,136.

SCHEDULE J, PAGE 1, PART I, LINE 6A

THE ORGANIZATION PAID BONUSES TO TWO EMPLOYEES BASED UPON THE NET EARNINGS OF THE ORGANIZATION AS FOLLOWS: BEN RAINBOLT 7,375, AND SHELLEY WESTPHAL 4,425.

SCHEDULE J, PAGE 1, PART I, LINE 6B

EMPLOYEES OF THE FARMERS EDUCATIONAL AND COOPERATIVE UNION OF AMERICA-ROCKY MOUNTAIN DIVISION, A RELATED NON-PROFIT ORGANIZATION, PAID BONUSES TO TWO EMPLOYEES BASED UPON THE NET FARMERS EDUCATIONAL AND COOPERATIVE UNION OF AMERICA-ROCKY MOUNTAIN DIVISION AS FOLLOWS: BEN RAINBOLT 7,375, AND SHELLEY WESTPHAL 2,950.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• FARMERS UNION SERVICE ASSOCIATION

  INSURANCE · CO