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Nonprofiteer
← IOWA FARM BUREAU FEDERATION

Form 990 for tax year 2022

Filed by IOWA FARM BUREAU FEDERATION.

Totals

Total revenue
$65,263,992
Total expenses
$79,625,467
Contributions and grants received
$110,346
Grants paid
$48,145,205
Program service revenue
$6,947,641
Investment income
$50,505,669
Other revenue
$7,700,336
Total assets, end of year
$1,712,183,129
Total liabilities, end of year
$20,332,822
Net assets or fund balances, end of year
$1,691,850,307
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $110,346

  • 2a · Program service revenue: MEMBERSHIP DUES

    total $3,433,393 · related or exempt $3,433,393

  • 2b · Program service revenue: PUBLICATION REVENUE

    total $3,028,891 · related or exempt $324,493 · unrelated business $2,704,398

  • 2c · Program service revenue: PROGRAM SERVICE TRIP RECOVERIES

    total $214,965 · related or exempt $214,965

  • 2d · Program service revenue: EVENT REGISTRATIONS

    total $88,270 · related or exempt $88,270 · unrelated business $0

  • 2e · Program service revenue: RECOVERY OF EXP. OTHER ENTITIES

    total $84,057 · related or exempt $84,057

  • 2f · All other program service revenue

    total $98,065 · related or exempt $82,490 · unrelated business $15,575

  • 3 · Investment income

    total $39,714,636 · excluded $39,714,636

  • 5 · Royalties

    total $7,644,954 · unrelated business $627,836 · excluded $7,017,118

  • 7a · Gross sales of assets other than inventory

    securities $29,929,705

  • 7b · Less cost or other basis and sales expenses

    securities $19,138,672

  • 7c · Gain or loss

    securities $10,791,033

  • 7d · Net gain or loss

    total $10,791,033 · excluded $10,791,033

  • 10a · Gross sales of inventory

    $3,687

  • 10b · Cost of goods sold

    $7,890

  • 10c · Net income from sales of inventory

    total -$4,203 · related or exempt -$4,203

  • 11a · Other revenue: OTHER REVENUE

    total $59,585 · related or exempt $59,585

  • 11e · Other revenue, total

    $59,585

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $47,929,456

  • 2 · Grants to domestic individuals

    total $215,749

  • 5 · Compensation of officers, directors and key employees

    total $511,088

  • 7 · Other salaries and wages

    total $5,624,467

  • 8 · Pension plan contributions

    total $492,795

  • 9 · Other employee benefits

    total $1,012,344

  • 10 · Payroll taxes

    total $419,044

  • 11a · Fees: management

    total $935,553

  • 11b · Fees: legal

    total $597,329

  • 11c · Fees: accounting

    total $2,658,984

  • 11e · Fees: professional fundraising services

    total $47,636

  • 11f · Fees: investment management

    total $711,941

  • 11g · Fees: other

    total $1,893,502

  • 12 · Advertising and promotion

    total $2,683,917

  • 13 · Office expenses

    total $467,479

  • 14 · Information technology

    total $2,265,367

  • 15 · Royalties

    total $1,641,721

  • 16 · Occupancy

    total $998,544

  • 17 · Travel

    total $783,671

  • 19 · Conferences, conventions and meetings

    total $3,098,655

  • 21 · Payments to affiliates

    total $776,570

  • 23 · Insurance

    total $166,960

  • 24a · Other expenses: PUBLICATIONS

    total $3,224,629

  • 24b · Other expenses: DUES AND SUBSCRIPTIONS

    total $131,478

  • 24c · Other expenses: BANK CHARGES

    total $128,665

  • 24d · Other expenses: OTHER PROGRAM SERVICES

    total $108,629

  • 24e · All other expenses

    total $99,294

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $206,147 · end of year $39,858

  • 2 · Savings and temporary cash investments

    beginning of year $25,411,900 · end of year $31,041,631

  • 4 · Accounts receivable

    beginning of year $11,321,877 · end of year $9,733,067

  • 8 · Inventories for sale or use

    beginning of year $131,226 · end of year $190,701

  • 9 · Prepaid expenses and deferred charges

    beginning of year $825,313 · end of year $1,129,050

  • 10a · Land, buildings and equipment: cost or other basis

    $323,593

  • 10b · Land, buildings and equipment: accumulated depreciation

    $167,647

  • 10c · Land, buildings and equipment, net

    beginning of year $155,946 · end of year $155,946

  • 11 · Investments: publicly traded securities

    beginning of year $353,990,289 · end of year $369,402,914

  • 12 · Investments: other securities

    beginning of year $1,323,932,158 · end of year $1,292,621,267

  • 15 · Other assets

    beginning of year $5,522,005 · end of year $7,868,695

  • 17 · Accounts payable and accrued expenses

    beginning of year $14,974,426 · end of year $2,653,011

  • 18 · Grants payable

    beginning of year $876,500 · end of year $3,177,500

  • 19 · Deferred revenue

    beginning of year $1,883,260 · end of year $1,912,167

  • 25 · Other liabilities

    beginning of year $159,010 · end of year $12,590,144

  • 27 · Net assets without donor restrictions

    beginning of year $1,703,603,665 · end of year $1,691,850,307

Mission and programs · 2022

Mission

TO CREATE A VIBRANT FUTURE FOR AGRICULTURE, FARM FAMILIES AND THEIR COMMUNITIES.

  • MARKETING AND COMMUNICATIONS - NEWS SERVICE ISSUES THE WEEKLY PUBLICATION, IOWA FARM BUREAU SPOKESMAN, WHICH IS THE PRIMARY COMMUNICATIONS VEHICLE BETWEEN STATE AND COUNTY LEADERS AND FARMING MEMBERS PROVIDING REPORTS ON FARM BUREAU POLICY IMPLEMENTATION AND REGULATORY ISSUES AS WELL AS STATE, NATIONAL AND INTERNATIONAL AGRICULTURE NEWS. ALSO PUBLISHED IS A BI-MONTHLY MAGAZINE, FAMILY LIVING, DISTRIBUTED TO AG-SUPPORTING MEMBERS. APPROXIMATELY 130,000 MEMBERS BENEFITED FROM BOTH PUBLICATIONS. ADDITIONALLY, A WEEKLY E-NEWSLETTER FOR MEMBER LEADERS, THE DIRT, IS ALSO PUBLISHED BY NEWS SERVICES BENEFITTING OVER 900 MEMBERS EACH WEEK. THE SPOKESMAN SPEAKS IS A FARMER-FOCUSED PODCAST THAT HAS OVER 83,272 UNIQUE DOWNLOADS ON USEFUL FARM TRENDS AND TIPS SINCE ITS INCEPTION. THE TEAM ALSO PRODUCES A SEMI-ANNUAL CONSUMER E-NEWSLETTER, THE IOWA DISH, WITH A SUBSCRIBER BASE OF MORE THAN 75,688 SUBSCRIBERS FEATURING FARM AND FOOD NEWS. MARKETING FOCUSES ON MEMBER RETENTION AND ACQUISITION THROUGH VARIOUS MEDIUMS INCLUDING VIDEO, ADVERTISING, PRINT, RADIO, MULTI-MEDIA AND WEB MARKETING. THE TEAM MARKETS FARM BUREAU BENEFITS, SERVICES, POLICY POSITIONS AND PROGRAMS TO THE MEMBERSHIP AS WELL AS THE PUBLIC AND OVERSEES THE ORGANIZATION'S BRAND. THEY ALSO MANAGE RELATIONSHIPS WITH MEMBER BENEFIT PARTNERS AND COORDINATE PARTNER PROMOTIONS. KEY EVENTS INCLUDE THE IOWA STATE FAIR, FFA, OUTREACH EFFORTS WITH THE UNIVERSITY OF IOWA THROUGH OUR ANF PARTNERSHIP AND IOWA STATE UNIVERSITY THROUGH OUR FARM STRONG PARTNERSHIP, AMONG NUMEROUS OTHER PARTNERSHIPS. COMBINED, PARTNER PROMOTIONS REACHED OVER TWO MILLION CONSUMERS WITH FARMING AND FARM BUREAU INFORMATION. PUBLIC RELATIONS STRATEGICALLY COMMUNICATES FARM BUREAU POLICY AND AGRICULTURAL ISSUES TO KEY ORGANIZATIONAL STAKEHOLDERS, INCLUDING: MEMBERS, EMPLOYEES, ELECTED LEADERS, MEMBERS OF THE NEWS MEDIA, INFLUENCERS AND THE GENERAL PUBLIC. THE TEAM CONDUCTS MESSAGE, MEDIA AND COMMUNICATIONS TRAINING FOR MEMBERS, TRAINING OVER 115 LAST YEAR. THE TEAM ALSO MANAGED MEDIA RELATION EFFORTS, COORDINATING 184 MEDIA INTERVIEWS RESULTING IN NEARLY 1,486 PLACEMENTS WITH A REACH OF OVER 8.8 MILLION. THE DIGITAL MARKETING DEPARTMENT PROVIDES STRATEGIC OUTREACH THROUGH ONLINE (WEB-BASED) AND SOCIAL MEDIA PLATFORMS (FACEBOOK, INSTAGRAM, TWITTER, SNAPCHAT, ETC.) TO ENGAGE, DEVELOP, MAINTAIN AND EXPAND RELEVANT AND IMPACTFUL DIALOGUES WITH KEY AUDIENCES. OVER 155,000 MEMBERS BENEFITED FROM THESE PROGRAMS.

  • FIELD SERVICE - WORK WITH 100 COUNTY FARM BUREAUS AND THEIR VOLUNTEER LEADERS AROUND THE STATE TO IMPLEMENT PROGRAMS, ACTIVITIES, AND POLICIES THAT BENEFIT MEMBERS AND THE ORGANIZATION IN GENERAL. THIS IS ACCOMPLISHED BY DEVELOPMENT AND DELIVERY OF TRAINING PROGRAMS FOR COUNTY BOARDS OF DIRECTORS AND THEIR EXECUTIVE BOARDS AS WELL AS KEY COUNTY COMMITTEE MEMBERS. THESE PROGRAMS ENHANCE LEADERSHIP SKILLS AND STIMULATE DEVELOPMENT OF FUTURE LEADERS FOR FARM BUREAU, AGRICULTURE, AND RURAL IOWA. THE MEMBER EDUCATION PROGRAMS SUCH AS REGULARLY SCHEDULED WEBINARS AND IN-PERSON CONFERENCES, HELP MEMBERS ACROSS THE STATE WITH THEIR BUSINESS SUCCESSION AND TRANSITION CHALLENGES, RISK MANAGEMENT STRATEGIES AND BUSINESS DEVELOPMENT DECISIONS. THE EDUCATIONAL PROGRAMS ALSO ASSIST FARMERS AND YOUNG FARMERS TO BEGIN NEW FARM BUSINESSES, ASSISTS FARMERS TO IMPROVE THEIR EXISTING FARM AND BUSINESS MANAGEMENT SKILLS AND IMPROVE NET FARM INCOME.

  • GOVERNMENT RELATIONS - WORK WITH VOLUNTEER AGRICULTURAL LEADERS TO INFLUENCE PUBLIC POLICY DECISIONS AT THE COUNTY, STATE AND NATIONAL LEVELS. PROVIDES INFORMATION, EDUCATION, AND ADVOCACY ABOUT ISSUES AFFECTING FARMERS AND OTHER RURAL IOWANS. OVER 156,000 MEMBERS BENEFITED.

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Randy Brincks

    DISTRICT 1 DIRECTOR

    Total calculated
    $48,723
    From this org
    $48,723
    From related orgs
    $0
    Other
    $0
    Hours/week
    18

  • Andy Hill

    DISTRICT 2 DIRECTOR

    Total calculated
    $48,760
    From this org
    $48,760
    From related orgs
    $0
    Other
    $0
    Hours/week
    18

  • Matt Schuiteman

    DISTRICT 3 DIRECTOR

    Total calculated
    $47,217
    From this org
    $47,217
    From related orgs
    $0
    Other
    $0
    Hours/week
    18

  • Brent Johnson

    PRESIDENT

    Total calculated
    $281,647
    From this org
    $0
    From related orgs
    $234,502
    Other
    $47,145
    Hours/week
    20 + 30 related

    Schedule J breakdown matched by us

    Base
    $0 + $186,092 related
    Bonus
    $0 + $4,486 related
    Other
    $0 + $43,924 related
    Deferred
    $0 + $22,953 related
    Nontaxable benefits
    $0 + $24,192 related
    Filer's total
    $0 + $281,647 related

  • Joe Dierickx

    DISTRICT 6 DIRECTOR

    Total calculated
    $47,488
    From this org
    $47,488
    From related orgs
    $0
    Other
    $0
    Hours/week
    18

  • Rick Plowman

    DISTRICT 7 DIRECTOR

    Total calculated
    $46,023
    From this org
    $46,023
    From related orgs
    $0
    Other
    $0
    Hours/week
    18

  • Tim Kaldenberg

    DISTRICT 8 DIRECTOR

    Total calculated
    $47,897
    From this org
    $47,897
    From related orgs
    $0
    Other
    $0
    Hours/week
    18

  • William Frazee

    DISTRICT 9 DIRECTOR

    Total calculated
    $51,406
    From this org
    $51,406
    From related orgs
    $0
    Other
    $0
    Hours/week
    18

  • Marty Schwager

    EXECUTIVE DIRECTOR/SECRETA

    Total calculated
    $789,729
    From this org
    $0
    From related orgs
    $594,854
    Other
    $194,875
    Hours/week
    20 + 30 related

    Schedule J breakdown matched by us

    Base
    $0 + $447,587 related
    Bonus
    $0 + $93,603 related
    Other
    $0 + $53,664 related
    Deferred
    $0 + $169,340 related
    Nontaxable benefits
    $0 + $25,535 related
    Filer's total
    $0 + $789,729 related

  • Greg Jochum

    FORMER DISTRICT 4 DIRECTOR

    Total calculated
    $46,578
    From this org
    $46,578
    From related orgs
    $0
    Other
    $0
    Hours/week
    18

  • Brian Feldpausch

    VICE PRESIDENT

    Total calculated
    $47,181
    From this org
    $47,181
    From related orgs
    $0
    Other
    $0
    Hours/week
    18

  • Sharyl Bruning

    DISTRICT 4 DIRECTOR

    Total calculated
    $5,406
    From this org
    $5,406
    From related orgs
    $0
    Other
    $0
    Hours/week
    18

  • Allen Burt

    DISTRICT 5 DIRECTOR

    Total calculated
    $660
    From this org
    $660
    From related orgs
    $0
    Other
    $0
    Hours/week
    18

  • Joe Heinrich

    FORMER VICE PRESIDENT

    Total calculated
    $73,673
    From this org
    $73,673
    From related orgs
    $0
    Other
    $0
    Hours/week
    18

  • James Gardner

    CHIEF FINANCIAL OFFICER

    Total calculated
    $120,858
    From this org
    $0
    From related orgs
    $447,787
    Other
    -$326,929
    Hours/week
    30 + 20 related

    Schedule J breakdown matched by us

    Base
    $0 + $315,252 related
    Bonus
    $0 + $85,555 related
    Other
    $0 + $46,980 related
    Deferred
    $0 + -$354,362 related
    Nontaxable benefits
    $0 + $27,433 related
    Filer's total
    $0 + $120,858 related

  • Mark Wickham

    GENERAL COUNSEL

    Total calculated
    $371,981
    From this org
    $0
    From related orgs
    $371,950
    Other
    $31
    Hours/week
    30 + 30 related

    Schedule J breakdown matched by us

    Base
    $0 + $314,062 related
    Bonus
    $0 + $29,713 related
    Other
    $0 + $28,175 related
    Deferred
    $0 + -$21,277 related
    Nontaxable benefits
    $0 + $21,308 related
    Filer's total
    $0 + $371,981 related

  • Chad Bishop

    DIRECTOR, INFORMATION RESO

    Total calculated
    $213,025
    From this org
    $0
    From related orgs
    $269,750
    Other
    -$56,725
    Hours/week
    25 + 25 related

    Schedule J breakdown matched by us

    Base
    $0 + $210,702 related
    Bonus
    $0 + $27,511 related
    Other
    $0 + $31,537 related
    Deferred
    $0 + -$77,358 related
    Nontaxable benefits
    $0 + $20,633 related
    Filer's total
    $0 + $213,025 related

  • Sara Payne

    CHIEF MKTG & COMMUNICATION

    Total calculated
    $165,921
    From this org
    $0
    From related orgs
    $407,107
    Other
    -$241,186
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $287,455 related
    Bonus
    $0 + $80,117 related
    Other
    $0 + $39,535 related
    Deferred
    $0 + -$267,572 related
    Nontaxable benefits
    $0 + $26,386 related
    Filer's total
    $0 + $165,921 related

  • Ryan Steinfeldt

    DIRECTOR, FIELD SERVICE

    Total calculated
    $201,055
    From this org
    $0
    From related orgs
    $191,007
    Other
    $10,048
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $157,497 related
    Bonus
    $0 + $15,835 related
    Other
    $0 + $17,675 related
    Deferred
    $0 + -$17,428 related
    Nontaxable benefits
    $0 + $27,476 related
    Filer's total
    $0 + $201,055 related

  • Karl Olson

    ASSISTANT GENERAL COUNSEL

    Total calculated
    $308,009
    From this org
    $0
    From related orgs
    $295,994
    Other
    $12,015
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $230,561 related
    Bonus
    $0 + $29,906 related
    Other
    $0 + $35,527 related
    Deferred
    $0 + -$3,288 related
    Nontaxable benefits
    $0 + $15,303 related
    Filer's total
    $0 + $308,009 related

  • Sam Funk

    DIRECTOR, RESEARCH & COMMO

    Total calculated
    $177,340
    From this org
    $0
    From related orgs
    $212,686
    Other
    -$35,346
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $175,594 related
    Bonus
    $0 + $25,419 related
    Other
    $0 + $11,673 related
    Deferred
    $0 + -$68,454 related
    Nontaxable benefits
    $0 + $33,108 related
    Filer's total
    $0 + $177,340 related

  • Dana Ardary

    MARKETING MANAGER

    Total calculated
    $99,198
    From this org
    $183,628
    From related orgs
    $0
    Other
    -$84,430
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $168,191
    Bonus
    $14,597
    Other
    $840
    Deferred
    -$108,592
    Nontaxable benefits
    $24,162
    Filer's total
    $99,198

  • Tim Bigley

    CONTROLLER

    Total calculated
    $204,551
    From this org
    $0
    From related orgs
    $185,526
    Other
    $19,025
    Hours/week
    25 + 25 related

    Schedule J breakdown matched by us

    Base
    $0 + $165,083 related
    Bonus
    $0 + $14,499 related
    Other
    $0 + $5,944 related
    Deferred
    $0 + -$3,004 related
    Nontaxable benefits
    $0 + $22,029 related
    Filer's total
    $0 + $204,551 related

  • Matt Steinfeldt

    DIRECTOR, GOVERNMENT RELATIONS

    Total calculated
    $177,975
    From this org
    $0
    From related orgs
    $200,619
    Other
    -$22,644
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $167,400 related
    Bonus
    $0 + $13,199 related
    Other
    $0 + $20,020 related
    Deferred
    $0 + -$50,217 related
    Nontaxable benefits
    $0 + $27,573 related
    Filer's total
    $0 + $177,975 related

  • Craig D Hill

    FORMER PRESIDENT

    Total calculated
    $198,756
    From this org
    $0
    From related orgs
    $198,693
    Other
    $63
    Hours/week
    20 + 30 related

    Schedule J breakdown matched by us

    Base
    $0 + $107,114 related
    Bonus
    $0 + $90,614 related
    Other
    $0 + $965 related
    Deferred
    $0 + $63 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $198,756 related

  • Duane Johnson

    FORMER EXECUTIVE DIRECTOR/

    Total calculated
    $89,359
    From this org
    $0
    From related orgs
    $77,184
    Other
    $12,175
    Hours/week
    20 + 30 related

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0 + $77,184 related
    Other
    $0
    Deferred
    $0 + $12,175 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $89,359 related

  • Edward Parker

    FORMER GENERAL COUNSEL

    Total calculated
    $2,515,622
    From this org
    $0
    From related orgs
    $2,225,073
    Other
    $290,549
    Hours/week
    30 + 30 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,799,164 related
    Bonus
    $0 + $171,355 related
    Other
    $0 + $254,554 related
    Deferred
    $0 + $272,288 related
    Nontaxable benefits
    $0 + $18,261 related
    Filer's total
    $0 + $2,515,622 related

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 · Travel for companions
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement

The filer's explanations (Part III)

PART I, LINE 1A
THE COMPANY ALLOWS BOARD MEMBERS' SPOUSES TO ATTEND THE AFBF ANNUAL MEETING, COUNTY PRESIDENTS' INCENTIVE TRIP, AND THE NATIONAL AFFAIRS TRIP. THE EXPENSES OF THE SPOUSE ARE TAXED TO THE BOARD MEMBER AND INCLUDED IN THEIR FORM 1099 NEC, BOX 1.
PART I, LINE 4B
ITEM 4B - THE COMPANY, THROUGH A WHOLLY-OWNED SUBSIDIARY, PROVIDES A NONQUALIFIED, DEFINED CONTRIBUTION PLAN TO THE ORGANIZATION'S PRESIDENT. DUE TO HISTORICALLY SHORTER TENURE PERIODS FOR THIS POSITION, THE PRESIDENT TYPICALLY DOES NOT BENEFIT FROM THE DEFINED BENEFIT PLAN AVAILABLE TO ALL EMPLOYEES. ADDITIONALLY, THE COMPANY'S FORMER GENERAL COUNSEL WAS OFFERED A NONQUALIFIED, DEFINED CONTRIBUTION PLAN DUE TO LOSS OF RETIREMENT BENEFITS FROM THEIR PREVIOUS EMPLOYER, ALSO AN AFFILIATE. INCOME INCLUDED IN PART II, COLUMN B(III) AMOUNTED TO $29,153 FOR BRENT JOHNSON AND $90,000 FOR ED PARKER. ITEM 3 - THE ORGANIZATION DOES NOT PROVIDE ANY COMPENSATION TO THE ORGANIZATION'S CEO/EXECUTIVE DIRECTOR. THE ORGANIZATION'S CEO/EXECUTIVE DIRECTOR DOES RECEIVE COMPENSATION FROM A RELATED ORGANIZATION. THE RELATED ORGANIZATION USES THE FOLLOWING ITEMS/METHODS TO ESTABLISH COMPENSATION: COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, FORM 990 OF OTHER ORGANIZATIONS, COMPENSATION SURVEY OR STUDY AND APPROVAL BY THE BOARD AND COMPENSATION COMMITTEE.

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

The 10 largest by cash amount. The API serves every itemized grant.

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.

  • IFBF PROPERTY MANAGEMENT INC

    501(C)(2) · TITLE HOLDING COMPANY · IA · controlled entity

    Directly controlled by IOWA FARM BUREAU FEDERATION

  • IOWA FARM BUREAU FOUNDATION

    501(C)(3) · PUBLIC CHARITY · IA · controlled entity

    Directly controlled by IOWA FARM BUREAU FEDERATION

  • IOWA WETLAND MITIGATION BANK INC

    501(C)(3) · ENVIRONMENTAL QUALITY PROTECTION, BEAUTIFICATION · IA · controlled entity

    Directly controlled by IOWA FARM BUREAU FEDERATION

  • IOWANS FOR AGRICULTURE

    527 · POLITICAL ORGANIZATION · IA · controlled entity

    Directly controlled by IOWA FARM BUREAU FEDERATION

  • IOWA FARM BUREAU FEDERATION POLITICAL ACTION COMMITTEE

    527 · POLITICAL ACTION COMMITTEE · IA · controlled entity

    Directly controlled by IOWA 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.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • RVF LLC

    INVESTMENT MANAGEMENT · IA · income -$3,914,297 · assets $23,054,755

    Directly controlled by IOWA FARM BUREAU FEDERATION

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • RURAL VITALITY FUND LP

    INVESTMENT - SEC 512 · INVESTMENT FUND · IA · 30.68% owned · share of income $25,378 · share of assets $740,347 · general or managing partner

    Directly controlled by RVF LLC

  • RURAL VITALITY FUND LP

    INVESTMENT - SEC 512 · INVESTMENT FUND - PORTION OWNED BY PART I ABOVE · IA · 20.89% owned · share of income $17,280 · share of assets -$1,646,697 · general or managing partner

    Directly controlled by RVF LLC

  • RURAL VITALITY FUND II LP

    INVESTMENT - SEC 512 · INVESTMENT FUND - PORTION OWNED BY PART I ABOVE · IA · 20.83% owned · share of income -$146,563 · share of assets -$894,718 · general or managing partner

    Directly controlled by RVF LLC

  • RURAL VITALITY FUND II LP

    INVESTMENT - SEC 512 · INVESTMENT FUND · IA · 39.58% owned · share of income -$278,491 · share of assets $1,514,623 · general or managing partner

    Directly controlled by RVF LLC

  • FB PROPERTY HOLDINGS

    INVESTMENT - SEC 512 · REAL ESTATE HOLDING COMPANY · IA · 65% owned · share of income $342,789 · share of assets $11,412,960 · general or managing partner

    Directly controlled by IOWA FARM BUREAU FEDERATION

Related corporations and trusts

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

  • FARM BUREAU MANAGEMENT CORPORATION

    C · MANAGEMENT SERVICES COMPANY · IA · 100% owned · share of income -$1,083,288 · share of assets -$16,593,779 · controlled entity

    Directly controlled by IA FARM BUREAU FEDERATION

  • FBL FINANCIAL GROUP INC

    C · INSURANCE SERVICES HOLDING COMPANY · IA · 72% owned · share of income $63,384,480 · share of assets $7,095,867,120 · controlled entity

    Directly controlled by IA FARM BUREAU FEDERATION

  • CFB SERVICE COMPANY

    C · ACCOUNTING SERVICES COMPANY · IA · 100% owned · share of assets $111,558 · controlled entity

    Directly controlled by IA FARM BUREAU FEDERATION

  • FARM BUREAU HEALTH BENEFIT PLAN LLC

    C · HEALTH BENEFIT PLAN · IA · 100% owned · share of income $1,594,182 · share of assets $10,154,224 · controlled entity

    Directly controlled by IA FARM BUREAU FEDERATION

Provenance

Return type
form_990
Tax year
2022
Filed
11 September 2024
IRS schema version
2022v5.0
Source object
202422579349301017

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