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Nonprofiteer
← IOWA FARM BUREAU FEDERATION

Form 990 for tax year 2022

Filed by IOWA FARM BUREAU FEDERATION.

Totals

Total revenue
$1,066,659
Total expenses
$68,946
Contributions and grants received
$997,276
Grants paid
$3,700
Program service revenue
$34,785
Investment income
$27,619
Other revenue
$6,979
Total assets, end of year
$1,217,534
Total liabilities, end of year
$7,168
Net assets or fund balances, end of year
$1,210,366
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.

  • 1d · Related organizations

    $996,526

  • 1f · All other contributions, gifts and grants

    $750

  • 1g · Noncash contributions included above

    $995,176

  • 2a · Program service revenue: MEMBERSHIP DUES

    total $34,785 · related or exempt $34,785

  • 3 · Investment income

    total $27,619 · excluded $27,619

  • 5 · Royalties

    total $6,919 · excluded $6,919

  • 6a · Gross rents

    real property $60

  • 6c · Rental income or loss

    real property $60

  • 6d · Net rental income or loss

    total $60

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $2,200

  • 2 · Grants to domestic individuals

    total $1,500

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $3,455

  • 5 · Compensation of officers, directors and key employees

    total $690

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $17,041

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $127

  • 10 · Payroll taxes

    total $1,346

  • 11a · Fees: management

    total $773

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $770

  • 11d · Fees: lobbying

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $0

  • 12 · Advertising and promotion

    total $1,068

  • 13 · Office expenses

    total $6,677

  • 14 · Information technology

    total $0

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $4,469

  • 17 · Travel

    total $32

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $6,124

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $17,006

  • 22 · Depreciation, depletion and amortization

    total $282

  • 23 · Insurance

    total $1,279

  • 24a · Other expenses: SPOKESMAN, DUES SUBSCRIPTIONS

    total $1,840

  • 24b · Other expenses: AG COMMUNITY PROMOTION

    total $1,729

  • 24c · Other expenses: MEMBERSHIP ACQUISITION

    total $538

  • 24e · All other expenses

    total $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $25 · end of year $25

  • 2 · Savings and temporary cash investments

    beginning of year $51,400 · end of year $49,394

  • 4 · Accounts receivable

    beginning of year $557 · end of year $1,112

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

    $67,517

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

    $54,689

  • 10c · Land, buildings and equipment, net

    beginning of year $13,109 · end of year $12,828

  • 11 · Investments: publicly traded securities

    beginning of year $87,386 · end of year $81,786

  • 15 · Other assets

    beginning of year $76,214 · end of year $1,072,389

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,431 · end of year $1,528

  • 19 · Deferred revenue

    beginning of year $6,390 · end of year $5,640

  • 27 · Net assets without donor restrictions

    beginning of year $220,870 · end of year $215,190

  • 28 · Net assets with donor restrictions

    end of year $995,176

Mission and programs · 2022

Mission

To create a vibrant future for agriculture, farm families their communities.

  • Public Policy The Company is very active in their Policy Development and Policy Implementation activities. An opinionnaire is sent to approximately 164 members each year regarding local, state, and national issues. Proposed resolutions are formulated and presented at a board meeting and thoroughly debated and amended. Adopted resolutions are then supported by the voting delegate at the state policy conference. The Companys board and members then support local and state policy by contacting the representatives and lawmakers. The Company hosts Legislative forum meetings 2-3 times a year to stay in touch with lawmakers. The Company board members attend meetings held at the capitol to support Farm Bureau policy. The Company meets National representatives to discuss national issues at a regional board meeting.

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

Listed in Part VII

  • Marshal Schlutz

    PRESIDENT

    Total calculated
    $170
    From this org
    $0
    From related orgs
    $0
    Other
    $170
    Hours/week
    2
  • Matt Evans

    DIRECTOR

    Total calculated
    $95
    From this org
    $0
    From related orgs
    $0
    Other
    $95
    Hours/week
    1
  • Brent Hall

    DIRECTOR

    Total calculated
    $55
    From this org
    $0
    From related orgs
    $0
    Other
    $55
    Hours/week
    1
  • Richard Warren

    DIRECTOR

    Total calculated
    $55
    From this org
    $0
    From related orgs
    $0
    Other
    $55
    Hours/week
    1
  • Luke Willis

    VICE PRESIDENT

    Total calculated
    $45
    From this org
    $0
    From related orgs
    $0
    Other
    $45
    Hours/week
    2
  • Justin Brown

    SECRETARY

    Total calculated
    $45
    From this org
    $0
    From related orgs
    $0
    Other
    $45
    Hours/week
    2
  • Earl Comstock

    VOTING DELEGATE

    Total calculated
    $45
    From this org
    $0
    From related orgs
    $0
    Other
    $45
    Hours/week
    2
  • Kelli Eggerman

    DIRECTOR

    Total calculated
    $45
    From this org
    $0
    From related orgs
    $0
    Other
    $45
    Hours/week
    1
  • Chase Altenhofen

    DIRECTOR

    Total calculated
    $45
    From this org
    $0
    From related orgs
    $0
    Other
    $45
    Hours/week
    1
  • Joe Miller

    DIRECTOR

    Total calculated
    $45
    From this org
    $0
    From related orgs
    $0
    Other
    $45
    Hours/week
    1
  • Rod Bortz

    DIRECTOR

    Total calculated
    $45
    From this org
    $0
    From related orgs
    $0
    Other
    $45
    Hours/week
    1
  • Johnathan Etter

    TREASURER

    Total calculated
    $0
    Hours/week
    2
  • Sara Curran

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
9 August 2023
IRS schema version
2022v5.0
Source object
202322339349301062

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