Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $47,294

• 2a · Program service revenue: MEMBERSHIP DUES

  total $2,772,898 · related or exempt $2,772,898

• 2b · Program service revenue: SPONSORSHIPS

  total $206,700 · excluded $206,700

• 3 · Investment income

  total $1,277,352 · unrelated business $49,027 · excluded $1,228,325

• 5 · Royalties

  total $4,008,185 · excluded $4,008,185

• 6a · Gross rents

  real property $497,118

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $497,118

• 6d · Net rental income or loss

  total $497,118 · excluded $497,118

• 7a · Gross sales of assets other than inventory

  securities $17,042,980

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

  securities $14,792,212

• 7c · Gain or loss

  securities $2,250,768

• 7d · Net gain or loss

  total $2,250,768 · excluded $2,250,768

• 11a · Other revenue: ADVERTISING

  total $1,558,988 · unrelated business $1,558,988

• 11b · Other revenue: MANAGEMENT FEES

  total $175,000 · related or exempt $175,000

• 11c · Other revenue: MISCELLANEOUS INCOME

  total $124,482 · related or exempt $124,482

• 11e · Other revenue, total

  $1,858,470

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $51,000

• 5 · Compensation of officers, directors and key employees

  total $957,031

• 7 · Other salaries and wages

  total $5,759,129

• 8 · Pension plan contributions

  total $348,060

• 9 · Other employee benefits

  total $587,603

• 10 · Payroll taxes

  total $479,410

• 11b · Fees: legal

  total $194,152

• 11c · Fees: accounting

  total $120,946

• 11d · Fees: lobbying

  total $1,158

• 11e · Fees: professional fundraising services

  total $20,394

• 11f · Fees: investment management

  total $143,197

• 11g · Fees: other

  total $436,620

• 12 · Advertising and promotion

  total $158,047

• 13 · Office expenses

  total $2,406,356

• 14 · Information technology

  total $351,361

• 16 · Occupancy

  total $743,080

• 17 · Travel

  total $659,533

• 19 · Conferences, conventions and meetings

  total $1,021,174

• 22 · Depreciation, depletion and amortization

  total $735,145

• 23 · Insurance

  total $222,586

• 24a · Other expenses: PUBLIC TV EXPENSE

  total $357,422

• 24b · Other expenses: NARD COMMITTEES

  total $183,713

• 24c · Other expenses: INCOME TAXES

  total $135,412

• 24d · Other expenses: GROWING FB PROGRAM

  total $95,544

• 24e · All other expenses

  total $126,732

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $905,384 · end of year $798,705

• 2 · Savings and temporary cash investments

  beginning of year $1,230,539 · end of year $427,531

• 4 · Accounts receivable

  beginning of year $432,690 · end of year $447,290

• 9 · Prepaid expenses and deferred charges

  beginning of year $327,265 · end of year $338,371

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

  $21,960,218

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

  $3,280,774

• 10c · Land, buildings and equipment, net

  beginning of year $19,339,267 · end of year $18,679,444

• 11 · Investments: publicly traded securities

  beginning of year $48,998,373 · end of year $44,245,729

• 12 · Investments: other securities

  beginning of year $5,422,996 · end of year $8,193,946

• 15 · Other assets

  beginning of year $0 · end of year $352,256

• 17 · Accounts payable and accrued expenses

  beginning of year $1,895,254 · end of year $1,632,084

• 19 · Deferred revenue

  beginning of year $1,889,182 · end of year $1,707,315

• 25 · Other liabilities

  beginning of year $0 · end of year $354,047

• 27 · Net assets without donor restrictions

  beginning of year $72,872,078 · end of year $69,789,826

The filer's explanations (Part III)

PART I, LINE 1A

1) SMALL CHARTER PLANE MAY BE USED TO TRANSPORT STAFF TO A MEETING IF LOCATION IS REMOTE AND/OR SCHEDULING COMMERCIAL FLIGHT IS DIFFICULT AND CHARTER PLANE IS THE ONLY WAY TO ACCOMMODATE ATTENDANCE. 2) SPOUSES ARE EXPECTED TO PARTICIPATE AND THE COMPANY PAYS FOR TRAVEL TO CERTAIN EVENTS IN VERY LIMITED SITUATIONS. THESE ARE PARTICIPATION IN THE CFBF ANNUAL MEETING AS WELL AS AFBF ANNUAL MEETING. THIS APPLIES TO SPOUSES OF OFFICERS ONLY. SINCE A FARM BUREAU MEMBERSHIP IS FOR OFFICER AND SPOUSE, ATTENDANCE AT THESE EVENTS IS PART OF THE FARM BUREAU CULTURE NATIONWIDE AND IS AN EXPECTATION, IF NOT A REQUIREMENT, FOR THOSE HOLDING OFFICE AND THEIR SPOUSES. NOT TAXABLE COMPENSATION. 3) HEALTH CLUB DUES ARE TAXABLE COMPENSATION.

PART I, LINE 1B

A CONSISTENTLY-FOLLOWED PRACTICE HAS BEEN IN PLACE FOR SEVERAL YEARS.

Disregarded entities

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

• RIVER PLAZA PROPERTIES LLC

  REAL ESTATE INVESTMENT · CA · income $248,272 · assets $17,537,218

  Directly controlled by CALIFORNIA FARM BUREAU FEDERATION

Related corporations and trusts

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

• FARM EMPLOYERS LABOR SERVICE

  C · AG LABOR MANAGEMENT · CA · 100% owned · share of income $182,409 · share of assets $613,944 · controlled entity

  Directly controlled by CALIFORNIA FARM BUREAU FEDERATION