Form 990 for tax year 2024
Filed by INDIANA AGRICULTURAL LAW FOUNDATION INC.
Totals
- Total revenue
- $224,256
- Total expenses
- $174,550
- Contributions and grants received
- $159,135
- Grants paid
- $500
- Program service revenue
- $400
- Investment income
- $64,721
- Other revenue
- $0
- Total assets, end of year
- $1,577,428
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $1,577,428
- Program services expenses (Part IX)
- $95,719
- Management and general expenses
- $36,919
- Fundraising expenses
- $41,912
- Program service expenses (Part III)
- $95,719
Program services were 54.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
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.
-
1c · Fundraising events
$1,993
-
1d · Related organizations
$55,200
-
1f · All other contributions, gifts and grants
$101,942
-
2a · Program service revenue: Seminars
total $400 · related or exempt $400
-
3 · Investment income
total $64,721 · excluded $64,721
-
8a · Fundraising events: contributions included on line 1c
$1,993
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $500 · program services $500
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $104,829 · program services $52,089 · management and general $23,166 · fundraising $29,574
-
8 · Pension plan contributions
total $12,437 · program services $6,172 · management and general $2,759 · fundraising $3,506
-
9 · Other employee benefits
total $19,867 · program services $10,086 · management and general $4,279 · fundraising $5,502
-
10 · Payroll taxes
total $7,222 · program services $3,548 · management and general $1,653 · fundraising $2,021
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $23 · management and general $23
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $970 · management and general $380 · fundraising $590
-
14 · Information technology
total $589 · fundraising $589
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $1,079 · management and general $949 · fundraising $130
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $1,370 · management and general $1,370
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $1,716 · management and general $1,716
-
24a · Other expenses: Education materials
total $7,654 · program services $7,654
-
24b · Other expenses: Litigation expense
total $15,670 · program services $15,670
-
24c · Other expenses: meals
total $92 · management and general $92
-
24d · Other expenses: Dues and subscriptions
total $532 · management and general $532
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,022 · end of year $2,022
-
2 · Savings and temporary cash investments
beginning of year $1,530,700 · end of year $1,575,406
-
17 · Accounts payable and accrued expenses
beginning of year $5,000
-
27 · Net assets without donor restrictions
beginning of year $1,086,873 · end of year $1,136,580
-
28 · Net assets with donor restrictions
beginning of year $440,849 · end of year $440,848
Mission and programs · 2024
Mission
see Schedule O
-
Indiana Agricultural Law Foundation INAgLaw supports litigation which has the potential to establish legal precedent and clarity on matters of concern to the agricultural community in Indiana. INAgLaw seeks to further the understanding of agricultural legal issues within the agricultural community, the public, and the judicial branch of government. This past year saw the culmination of multiple cases supported by INAgLaw. One case involved the clarification of Indiana law regarding the amount discretion allowed to a state agency under the Grain Buyers and Licensing statute. An additional issue in the case was the determination of a failure date under the statute. Another case involved the type of notice a county must provide to interested landowners when modifying their zoning ordinance. Both of these cases were resolved under Indiana law. Also, the Foundation is involved in a case to determine whether a life estate tenant can bind property pursuant to a contract that survives after the tenants death. Each of these cases were important to Indiana farmers and landowners.
Expenses $15,670
-
INAgLaw creates and supports educational programs that address legal issues facing farmers. Estate and succession planning impacts every farm in the state of Indiana. INAgLaw recognizes the significant role the Foundation can play in educating farmers in this area. In July 2024, INAgLaw held the eleventh installment of its annual series Estate and Succession Planning for the Family Farm. This virtual program offered CLE credits to attending attorneys. Also, INAgLaw held its first workshop on family farm succession. Seven multi generation Indiana farm families attended an in-person event facilitated by an industry expert and left with a formalized plan to assist in the succession of their farm. INAgLaw coordinated the third installment of the Agricultural Planning and Zoning School and updated the Agricultural Zoning Guide which is generally available to Indiana agricultural stakeholders. INAgLaw coordinated the first annual Agricultural Contracting program highlighting the different types of contracts and their role in production agriculture. INAgLaw sponsored the American Agricu
Expenses $80,049 · Grants $500 · Revenue $400
As filed on the 2024 return.
Listed in Part VII
-
Mark Sigler
Treasurer
- Total calculated
- $380,325
- From this org
- $0
- From related orgs
- $302,550
- Other
- $77,775
- Hours/week
- 0.2 + 40 related
Schedule J breakdown matched by us
- Base
- not reported + $259,112 related
- Bonus
- not reported + $24,080 related
- Other
- not reported + $19,358 related
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- not reported + $302,550 related
-
Mark Thornburg
Secretary
- Total calculated
- $228,989
- From this org
- $0
- From related orgs
- $164,428
- Other
- $64,561
- Hours/week
- 5 + 40 related
Schedule J breakdown matched by us
- Base
- not reported + $149,452 related
- Bonus
- not reported + $12,240 related
- Other
- not reported + $2,736 related
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- not reported + $164,428 related
-
Randall Kron
President
- Total calculated
- $192,845
- From this org
- $0
- From related orgs
- $146,046
- Other
- $46,799
- Hours/week
- 0.3 + 40 related
Schedule J breakdown matched by us
- Base
- not reported + $124,434 related
- Bonus
- not reported + $10,200 related
- Other
- not reported + $21,066 related
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- not reported + $155,700 related
-
Elaine Rueff
Assistant Treasurer
- Total calculated
- $166,584
- From this org
- $0
- From related orgs
- $124,610
- Other
- $41,974
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- not reported + $112,214 related
- Bonus
- not reported + $11,070 related
- Other
- not reported + $1,326 related
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- not reported + $124,610 related
-
Robin Heldman
Assistant Secretary
- Total calculated
- $126,897
- From this org
- $0
- From related orgs
- $87,111
- Other
- $39,786
- Hours/week
- 0.25 + 40 related
-
Maria Spellman
Assistant Secretary
- Total calculated
- $104,724
- From this org
- $8,433
- From related orgs
- $62,961
- Other
- $33,330
- Hours/week
- 3 + 34 related
-
Kendell Culp
Vice President
- Total calculated
- $85,661
- From this org
- $0
- From related orgs
- $77,935
- Other
- $7,726
- Hours/week
- 0.2 + 20 related
-
Janis Highley
Director
- Total calculated
- $19,440
- From this org
- $0
- From related orgs
- $19,440
- Other
- $0
- Hours/week
- 0.2 + 20 related
-
Kevin Underwood resigned 12-14-2024
Director
- Total calculated
- $13,850
- From this org
- $0
- From related orgs
- $13,850
- Other
- $0
- Hours/week
- 0.2 + 10 related
-
Terry Hayhurst
Director
- Total calculated
- $13,575
- From this org
- $0
- From related orgs
- $13,575
- Other
- $0
- Hours/week
- 0.5 + 10 related
-
Harold T Parker resigned 12-14-2024
Director
- Total calculated
- $13,550
- From this org
- $0
- From related orgs
- $13,550
- Other
- $0
- Hours/week
- 0.5 + 10 related
-
Mark Seib
Director
- Total calculated
- $13,200
- From this org
- $0
- From related orgs
- $13,200
- Other
- $0
- Hours/week
- 0.2 + 10 related
-
Robert Geswein
Director
- Total calculated
- $13,200
- From this org
- $0
- From related orgs
- $13,200
- Other
- $0
- Hours/week
- 0.2 + 10 related
-
Bruce Guernsey
Director
- Total calculated
- $13,200
- From this org
- $0
- From related orgs
- $13,200
- Other
- $0
- Hours/week
- 0.2 + 10 related
-
Bruce Herr
Director
- Total calculated
- $13,200
- From this org
- $0
- From related orgs
- $13,200
- Other
- $0
- Hours/week
- 0.5 + 10 related
-
Kevin Ousley
Director
- Total calculated
- $13,200
- From this org
- $0
- From related orgs
- $13,200
- Other
- $0
- Hours/week
- 0.2 + 10 related
-
Kermit Paris
Director
- Total calculated
- $13,200
- From this org
- $0
- From related orgs
- $13,200
- Other
- $0
- Hours/week
- 0.5 + 10 related
-
Jon Sparks
Director
- Total calculated
- $13,200
- From this org
- $0
- From related orgs
- $13,200
- Other
- $0
- Hours/week
- 0.2 + 10 related
-
Corina Brant effective 12-14-2024
Director
- Total calculated
- $550
- From this org
- $0
- From related orgs
- $550
- Other
- $0
- Hours/week
- 0.2 + 10 related
-
Matthew Hayden effective 12-14-2024
Director
- Total calculated
- $550
- From this org
- $0
- From related orgs
- $550
- Other
- $0
- Hours/week
- 0.2 + 10 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
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
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
No itemized grants to organizations on this return.
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.
-
501c5 · membership · IN
-
501c3 · charitable · IN
-
Indiana Farm Bureau AgELECT
527 · PAC · IN
Directly controlled by Indiana Farm Bureau Inc
-
Indiana Farm Bureau Inc ELECT PAC
527 · PAC · IN
Directly controlled by Indiana Farm Bureau Inc
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.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
Indiana Farm Bureau Members Health LLC
health care services · IN
-
Harvest Holdings Inc
IN
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 13 May 2025
- IRS schema version
- 2024v5.1
- Source object
- 202521339349303457
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