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Nonprofiteer
← MICHIGAN FARM BUREAU

Form 990 for tax year 2024

Filed by MICHIGAN FARM BUREAU.

Totals

Total revenue
$15,815,808
Total expenses
$14,550,521
Contributions and grants received
$7,468,144
Grants paid
$84,635
Program service revenue
$7,564,798
Investment income
$759,463
Other revenue
$23,403
Total assets, end of year
$22,438,861
Total liabilities, end of year
$8,763,503
Net assets or fund balances, end of year
$13,675,358
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

    $7,460,644

  • 1f · All other contributions, gifts and grants

    $7,500

  • 2a · Program service revenue: MEMBERSHIP DUES

    total $7,285,617 · related or exempt $7,285,617

  • 2b · Program service revenue: LEADERSHIP CONFERENCES

    total $141,756 · related or exempt $141,756

  • 2c · Program service revenue: AG PROMOTION AND EDUCATION

    total $125,198 · related or exempt $125,198

  • 2d · Program service revenue: AG LEGISLATIVE SERVICES

    total $2,220 · related or exempt $2,220

  • 2f · All other program service revenue

    total $10,007 · related or exempt $10,007

  • 3 · Investment income

    total $650,168 · excluded $650,168

  • 7a · Gross sales of assets other than inventory

    other assets $109,295

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

    other assets $0

  • 7c · Gain or loss

    other assets $109,295

  • 7d · Net gain or loss

    total $109,295 · excluded $109,295

  • 11a · Other revenue: ANNUAL MEETING AND CONVENTIONS

    total $23,403 · excluded $23,403

  • 11e · Other revenue, total

    $23,403

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $84,635

  • 5 · Compensation of officers, directors and key employees

    total $2,025,289

  • 7 · Other salaries and wages

    total $4,115,465

  • 8 · Pension plan contributions

    total $277,227

  • 9 · Other employee benefits

    total $534,723

  • 10 · Payroll taxes

    total $467,741

  • 11b · Fees: legal

    total $8,321

  • 11c · Fees: accounting

    total $28,100

  • 11f · Fees: investment management

    total -$20,915

  • 11g · Fees: other

    total $578,362

  • 12 · Advertising and promotion

    total $1,587,333

  • 13 · Office expenses

    total $621,487

  • 14 · Information technology

    total $560,615

  • 16 · Occupancy

    total $261,523

  • 17 · Travel

    total $1,153,825

  • 19 · Conferences, conventions and meetings

    total $987,790

  • 20 · Interest

    total $79,454

  • 22 · Depreciation, depletion and amortization

    total $55,037

  • 23 · Insurance

    total $69,084

  • 24a · Other expenses: AFBF DUES

    total $1,075,425

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,571 · end of year $79,293

  • 2 · Savings and temporary cash investments

    beginning of year $6,173,501 · end of year $4,668,013

  • 4 · Accounts receivable

    beginning of year $697,403 · end of year $887,034

  • 9 · Prepaid expenses and deferred charges

    beginning of year $4,977,754 · end of year $4,170,086

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

    $1,089,583

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

    $897,445

  • 10c · Land, buildings and equipment, net

    beginning of year $262,824 · end of year $192,138

  • 11 · Investments: publicly traded securities

    beginning of year $8,322,447 · end of year $10,404,707

  • 12 · Investments: other securities

    beginning of year $2,037,590 · end of year $2,037,590

  • 17 · Accounts payable and accrued expenses

    beginning of year $3,581,285 · end of year $2,941,235

  • 19 · Deferred revenue

    beginning of year $2,548,713 · end of year $2,731,859

  • 25 · Other liabilities

    beginning of year $3,993,772 · end of year $3,090,409

  • 27 · Net assets without donor restrictions

    beginning of year $12,351,320 · end of year $13,675,358

Mission and programs · 2024

Mission

MICHIGAN FARM BUREAU (MFB) IS A MEMBER DIRECTED AGRICULTURAL ORGANIZATION WHOSE PURPOSE IS TO REPRESENT, PROTECT, AND ENHANCE THE BUSINESS, ECONOMIC, SOCIAL, AND EDUCATIONAL INTERESTS OF OUR MEMBERS LOCATED THROUGHOUT THE STATE OF MICHIGAN.

  • THE PUBLIC POLICY AND COMMODITY DIVISION PROVIDES LEADERSHIP AND RESOURCES FOR THE ORGANIZATION IN THE PUBLIC POLICY, INDUSTRY, CONSERVATION, REGULATORY RELATIONS, AND GOVERNMENT RELATIONS ARENAS. WE ASSIST COUNTY FARM BUREAUS AND FARM BUREAU MEMBERS WITH AGRICULTURAL AND POLICY ISSUES, WITH THE DEVELOPMENT OF IDEAS INTO POLICY POSITIONS, AND WE WORK TO IMPLEMENT THOSE POLICIES VIA A VARIETY OF CHANNELS, INCLUDING MANY DIFFERENT ORGANIZATIONS, AND MANY AGENCIES OF LOCAL, STATE, AND FEDERAL GOVERNMENT. OUR GRASSROOTS POLICY DEVELOPMENT PROCESS INVOLVES OVER 1,000 VOLUNTEER MEMBERS THROUGHOUT OUR STATE. THE FINAL RESULTS OF OUR GRASSROOTS POLICY PROCESS CULMINATE WITH NEW POLICIES ADOPTED BY VOTING DELEGATES AT OUR ANNUAL MEETING. OUR PROGRAMMING AND EVENTS SERVED OVER 1,000 MEMBERS THIS YEAR, PROVIDING THEM WITH NEW RESOURCES, LEADERSHIP TRAINING, AND THE MOST CURRENT INFORMATION. OUR POLICY IMPLEMENTATION EFFORTS ACHIEVE MANY SUCCESSES FOR OUR FARMERS, INCLUDING REDUCING REGULATORY BURDENS, IMPROVING INFRASTRUCTURE, AND CREATING A BUSINESS ENVIRONMENT WHERE FARMING CAN THRIVE AND BE SUCCESSFUL.

  • THE CENTER FOR MARKETING AND MEDIA DIVISION (CMM) IS RESPONSIBLE FOR GENERAL COMMUNICATIONS WITH MEMBERS REGARDING MICHIGAN FARM BUREAU (MFB) POLICIES, PROGRAMS AND ISSUES OF IMPORTANCE IN THE AGRICULTURAL INDUSTRY THROUGH THE FOLLOWING PUBLICATIONS:PRESS RELEASES THROUGH CISION MEDIA SOFTWARE TO MORE THAN 300 MICHIGAN-BASED MEDIA OUTLETS; MICHIGAN FARM NEWS FOR FARMER-MEMBERS ON THE LATEST BREAKING AGRICULTURAL NEWS; FARM GATE FOR ALL FARMER-MEMBERS ON INVOLVEMENT OPPORTUNITIES AND COUNTY FARM BUREAU ACTIVITIES; SEASONAL SAVINGS FOR ALL MEMBERS ON MEMBER EXCLUSIVE DISCOUNTS AND SAVINGS AND INSURANCE RELATED SERVICES. CMM ALSO PROVIDES CONTENT UPDATES, OVERSIGHT AND ADMINISTRATIVE SUPPORT TO THE ORGANIZATION WEBSITE AND EMAIL MARKETING TOOL. CMM PROVIDES EDITORIAL SUPPORT, GRAPHIC DESIGN, VIDEO SERVICES AND ALSO LEADS PROMOTION VIA THE ORGANIZATION'S SOCIAL MEDIA PLATFORMS ON FACEBOOK, LINKEDIN, YOUTUBE AND INSTAGRAM.

  • THE FIELD OPERATIONS DIVISION PROVIDES MEMBERSHIP SERVICES. THE REGIONAL MANGER'S INTERACTION IS HOW FARM BUREAU'S GRASSROOTS PROCESS PROVIDES EVERY FARM BUREAU MEMBER AN OPPORTUNITY TO PARTICIPATE AND VOICE THEIR CONCERNS REGARDING ISSUES PERTINENT TO THE AGRICULTURAL INDUSTRY. PROMOTES LEADERSHIP AND DEVELOPMENT FOR COUNTY LEADERS THROUGH THE COUNTY LEADERSHIP ACTIVITES AND EVENTS AND PRESIDENTS CONFERENCE. DESIGNS, IMPLEMENTS, AND ADMINISTERS FIELD SUPPORT TO COUNTY FARM BUREAUS.

  • IN ADDITION, THE DIVISION PREPARES AND DEVELOPS AGRICULTURAL LEADERS. THIS IS ACCOMPLISHED THROUGH EDUCATION AND LEADERSHIP DEVELOPMENT PROGRAMS FOR CURRENT LOCAL AG LEADERS, STATE AND LOCAL COMMITTEES, AND MEMBERS. A TARGETED PROGRAM IS FOR YOUNG FARMERS BETWEEN THE AGES OF 18 AND 35. IT OFFERS AGRICULTURAL EDUCATION, ACTION COMMITTEES, LEADERSHIP TRAINING, COMPETITIONS, AND SOCIAL EVENTS TO ENCOURAGE INVOLVEMENT AND TO DEVELOP FUTURE LEADERSHIP. PROMOTION AND EDUCATION PROGRAMS FOR PUBLIC EDUCATION ABOUT THE AGRICULTURAL INDUSTRY ARE OFFERED FOR 4-H CLUBS, AND FFA CHAPTERS, SCHOOLS, AND CIVIC GROUPS. THE FARM SCIENCE LAB IS A 40 FOOT MOBILE CLASSROOM THAT TRAVELS DIRECTLY TO SCHOOLS AND IS DESIGNED TO REINFORCE GRADE-LEVEL STANDARDS WITH HANDS-ON SCIENCE EXPERIMENTS AND INCREASING STUDENTS' KNOWLEDGE OF HOW AGRICULTURE IMPACTS THEIR DAILY LIVES. IN ADDITION TO THE FARM SCIENCE LABS, WE OPERATE A FARM SCIENCE VAN THAT TRAVELS TO SCHOOLS PROVIDING IN CLASSROOM EDUCATION. THE VAN OFFERS A LITTLE DIFFERENT EXPERIENCE IN THE CLASSROOM VERSES IN THE MOBILE LAB BUT STILL PROVIDES GRADE-LEVEL STANDARDS WITH HANDS-ON SCIENCE EXPERIMENTS AND INCREASING STUDENTS' KNOWLEDGE OF HOW AGRICULTURE IMPACTS THEIR DAILY LIVES.

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Carl Bednarski

    PRESIDENT

    Total calculated
    $412,894
    From this org
    $354,814
    From related orgs
    $15,000
    Other
    $43,080
    Hours/week
    29.06 + 10.94 related

    Schedule J breakdown matched by us

    Base
    $290,723
    Bonus
    $4,220
    Other
    $59,871 + $15,000 related
    Deferred
    $22,175
    Nontaxable benefits
    $20,905
    Filer's total
    $397,894 + $15,000 related

  • Michael Fusilier

    DIRECTOR

    Total calculated
    $40,136
    From this org
    $21,136
    From related orgs
    $19,000
    Other
    $0
    Hours/week
    10.48 + 0.56 related

  • Stephanie Schafer

    DIRECTOR

    Total calculated
    $36,736
    From this org
    $18,736
    From related orgs
    $18,000
    Other
    $0
    Hours/week
    9.21 + 0.5 related

  • Michael Mulders

    DIRECTOR

    Total calculated
    $37,036
    From this org
    $18,036
    From related orgs
    $19,000
    Other
    $0
    Hours/week
    9.15 + 0.56 related

  • Patrick McGuire

    DIRECTOR

    Total calculated
    $40,136
    From this org
    $17,986
    From related orgs
    $22,150
    Other
    $0
    Hours/week
    9.21 + 0.95 related

  • Michael Deruiter

    VICE PRESIDENT

    Total calculated
    $36,686
    From this org
    $17,686
    From related orgs
    $19,000
    Other
    $0
    Hours/week
    8.54 + 0.56 related

  • Ben Lacross

    DIRECTOR

    Total calculated
    $35,286
    From this org
    $17,286
    From related orgs
    $18,000
    Other
    $0
    Hours/week
    10.15 + 0.56 related

  • Leona Daniels

    DIRECTOR

    Total calculated
    $35,636
    From this org
    $16,636
    From related orgs
    $19,000
    Other
    $0
    Hours/week
    9.15 + 0.56 related

  • Paul Pridgeon

    DIRECTOR

    Total calculated
    $34,786
    From this org
    $15,786
    From related orgs
    $19,000
    Other
    $0
    Hours/week
    8.52 + 0.56 related

  • Jennifer Lewis

    DIRECTOR

    Total calculated
    $34,336
    From this org
    $15,336
    From related orgs
    $19,000
    Other
    $0
    Hours/week
    7.96 + 0.56 related

  • Abe Pasch

    DIRECTOR

    Total calculated
    $30,986
    From this org
    $11,986
    From related orgs
    $19,000
    Other
    $0
    Hours/week
    5.81 + 0.36 related

  • Abby Vittore

    DIRECTOR YF CHAIR - PART YEAR

    Total calculated
    $9,136
    From this org
    $9,136
    From related orgs
    $0
    Other
    $0
    Hours/week
    3.63

  • David Bahrman

    DIRECTOR

    Total calculated
    $27,886
    From this org
    $8,886
    From related orgs
    $19,000
    Other
    $0
    Hours/week
    4.87 + 0.56 related

  • Jeff Sandborn

    DIRECTOR

    Total calculated
    $25,286
    From this org
    $7,286
    From related orgs
    $18,000
    Other
    $0
    Hours/week
    3.29 + 0.44 related

  • Jess Erler

    DIRECTOR P&E CHAIR - PART YEAR

    Total calculated
    $3,986
    From this org
    $3,986
    From related orgs
    $0
    Other
    $0
    Hours/week
    1.69 + 0.19 related

  • Larry Walton

    DIRECTOR

    Total calculated
    $22,636
    From this org
    $3,636
    From related orgs
    $19,000
    Other
    $0
    Hours/week
    2.02 + 0.36 related

  • Travis Fahley

    DIRECTOR - PART YEAR

    Total calculated
    $19,986
    From this org
    $1,986
    From related orgs
    $18,000
    Other
    $0
    Hours/week
    0.63 + 0.45 related

  • Riley Brazo

    DIRECTOR YF CHAIR

    Total calculated
    $53
    From this org
    $53
    From related orgs
    $0
    Other
    $0
    Hours/week
    0

  • Alysa Sanford

    DIRECTOR P&E CHAIR

    Total calculated
    $53
    From this org
    $53
    From related orgs
    $0
    Other
    $0
    Hours/week
    0

  • Mike Noll

    DIRECTOR

    Total calculated
    $53
    From this org
    $53
    From related orgs
    $0
    Other
    $0
    Hours/week
    0 + 0.11 related

  • Andrew Kok

    SECRETARY/GENERAL COUNSEL

    Total calculated
    $538,397
    From this org
    $482,375
    From related orgs
    $0
    Other
    $56,022
    Hours/week
    17.81 + 22.19 related

    Schedule J breakdown matched by us

    Base
    $454,511
    Bonus
    $6,646
    Other
    $21,218
    Deferred
    $30,926
    Nontaxable benefits
    $25,096
    Filer's total
    $538,397

  • Tom Nugent

    TREASURER, CFO & HUMAN RES. DIR.

    Total calculated
    $443,016
    From this org
    $380,323
    From related orgs
    $0
    Other
    $62,693
    Hours/week
    9.44 + 30.56 related

    Schedule J breakdown matched by us

    Base
    $345,110
    Bonus
    $14,411
    Other
    $20,802
    Deferred
    $37,597
    Nontaxable benefits
    $25,096
    Filer's total
    $443,016

  • Scott Piggott

    CHIEF EXECUTIVE OFFICER-END 1/4/24

    Total calculated
    $371,116
    From this org
    $323,164
    From related orgs
    $0
    Other
    $47,952
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $280,324
    Bonus
    $0
    Other
    $42,840
    Deferred
    $31,878
    Nontaxable benefits
    $16,074
    Filer's total
    $371,116

  • Michelle Reynaert

    CHIEF OPERATING OFFICER

    Total calculated
    $113,946
    From this org
    $112,781
    From related orgs
    $0
    Other
    $1,165
    Hours/week
    20.8 + 19.2 related

  • Steven Hummer

    DIRECTOR OF INTERNAL AUDIT

    Total calculated
    $307,220
    From this org
    $256,155
    From related orgs
    $0
    Other
    $51,065
    Hours/week
    0.21 + 39.79 related

    Schedule J breakdown matched by us

    Base
    $236,577
    Bonus
    $4,585
    Other
    $14,993
    Deferred
    $26,267
    Nontaxable benefits
    $24,798
    Filer's total
    $307,220

  • Matt Smego

    DIRECTOR OF PUBLIC POLICY

    Total calculated
    $272,772
    From this org
    $226,721
    From related orgs
    $0
    Other
    $46,051
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $213,546
    Bonus
    $3,676
    Other
    $9,499
    Deferred
    $21,544
    Nontaxable benefits
    $24,507
    Filer's total
    $272,772

  • Sarah Black

    DIRECTOR OF BUSINESS OPERATIONS

    Total calculated
    $260,066
    From this org
    $213,199
    From related orgs
    $0
    Other
    $46,867
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $195,946
    Bonus
    $3,932
    Other
    $13,321
    Deferred
    $22,650
    Nontaxable benefits
    $24,217
    Filer's total
    $260,066

  • Paula Droste

    DIRECTOR OF FINANCIAL SERVICES

    Total calculated
    $244,185
    From this org
    $202,580
    From related orgs
    $0
    Other
    $41,605
    Hours/week
    19.08 + 20.92 related

    Schedule J breakdown matched by us

    Base
    $186,408
    Bonus
    $3,783
    Other
    $12,389
    Deferred
    $17,553
    Nontaxable benefits
    $24,052
    Filer's total
    $244,185

  • Allison Eicher

    ASSISTANT GENERAL COUNSEL

    Total calculated
    $233,286
    From this org
    $196,403
    From related orgs
    $0
    Other
    $36,883
    Hours/week
    25.8 + 14.2 related

    Schedule J breakdown matched by us

    Base
    $177,525
    Bonus
    $3,186
    Other
    $15,692
    Deferred
    $13,050
    Nontaxable benefits
    $23,833
    Filer's total
    $233,286

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 · Tax indemnification and gross-up payments
  • 1a · Housing allowance or residence for personal use
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment

Answered no

  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

The filer's explanations (Part III)

PART I, LINE 1A
THE PRESIDENT IS A SUGAR BEET FARMER IN CARO, MI. HE IS PROVIDED A RESIDENCE LOCATED NEAR THE HEADQUARTERS OFFICE FOR THE CONVENIENCE OF THE ORGANIZATION BECAUSE THE DAILY COMMUTE IS 106 MILES ONE-WAY. WE GROSS UP THE PRESIDENT'S TAXABLE COMPENSATION AND PROVIDE CASH PAYMENT FOR ESTIMATED TAX COST FOR THE USE OF THE RESIDENCE. EXECUTIVE COMPENSATION PACKAGE INCLUDES A COMPANY VEHICLE. WE GROSS UP EXECUTIVE TAXABLE COMPENSATION FOR PERSONAL USE OF VEHICLES AND PROVIDE CASH PAYMENT FOR ESTIMATED TAX COST FOR PERSONAL USE OF VEHICLE.
PART I, LINE 4A
IN 2024, SCOTT PIGGOT RECEIVED SEVERANCE IN THE AMOUNT OF $323,165.

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

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.

  • MFB POLITICAL ACTION COMMITTEE

    527 · LEGISLATIVE · MI · controlled entity

    Directly controlled by MFB

  • FARM BUREAU PAC (AKA SUPER PAC)

    527 · LEGISLATIVE · MI · controlled entity

    Directly controlled by MFB

  • MI FOUNDATION FOR AGRICULTURE

    501(C)(3) · MEMBERSHIP ASSOCIATION · MI · controlled entity

    Directly controlled by MFB

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.

  • MI AG COOPERATIVE MARKETING ASSOCIATION

    C · MARKETING · MI · 55.13% owned · share of income $168,467 · share of assets $913,853 · controlled entity

    Directly controlled by MFB

  • FARM BUREAU LIFE INSURANCE CO OF MI

    C · LIFE INSURANCE · MI · controlled entity

  • COMMUNITY SERVICE ACCEPTANCE CORP

    C · INSURANCE AGENCY · MI · controlled entity

  • FARM BUREAU GENERAL INSURANCE COMPANY OF MICHIGAN

    C · INSURANCE · MI · controlled entity

  • MI FARM BUREAU FINANCIAL CORPORATION

    C · HOLDING COMPANY · MI · 100% owned · share of income $78,191,749 · share of assets $977,318,679 · controlled entity

    Directly controlled by MFB

  • GRAVITY WORKS DESIGN & DEVELOPMENT

    C · WEB DESIGN · MI · controlled entity

  • MFB INC

    C · MEMBERSHIP BENEFITS/PROMO · MI · controlled entity

  • FBL REAL ESTATE HOLDINGS LLC

    C · REAL ESTATE · MI · controlled entity

  • GREAT LAKES AG LABOR SERVICES LLC

    C · LABOR SERVICES FACILITATION · MI · 100% owned · share of income -$196,449 · share of assets $1,006,530 · controlled entity

    Directly controlled by MFB

  • LEADERS LIFE INSURANCE COMPANY

    C · LIFE INSURANCE · OK · controlled entity

  • CINCINNATI EQUITABLE COMPANIES INC

    C · HOLDING COMPANY · OH · controlled entity

  • CINCINNATI EQUITABLE LIFE INSURANCE

    C · LIFE INSURANCE · OH · controlled entity

  • CINCINNATI EQUITABLE INSURANCE COMPANY

    C · INSURANCE · OH · controlled entity

Provenance

Return type
form_990
Tax year
2024
Filed
6 November 2025
IRS schema version
2024v5.2
Source object
202533119349303263

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