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Nonprofiteer
← IOWA FARM BUREAU FEDERATION

Form 990 for tax year 2022

Filed by IOWA FARM BUREAU FEDERATION.

Totals

Total revenue
$1,101,152
Total expenses
$100,396
Contributions and grants received
$996,526
Grants paid
$2,900
Program service revenue
$61,600
Investment income
$29,094
Other revenue
$13,932
Total assets, end of year
$1,270,194
Total liabilities, end of year
$3,060
Net assets or fund balances, end of year
$1,267,134
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

  • 1g · Noncash contributions included above

    $995,176

  • 2a · Program service revenue: MEMBERSHIP DUES

    total $61,600 · related or exempt $61,600

  • 3 · Investment income

    total $29,085 · excluded $29,085

  • 5 · Royalties

    total $14,488 · excluded $14,488

  • 6a · Gross rents

    real property $5,320

  • 6b · Less rental expenses

    real property $8,035

  • 6c · Rental income or loss

    real property -$2,715

  • 6d · Net rental income or loss

    total -$2,715 · related or exempt -$2,715

  • 7a · Gross sales of assets other than inventory

    securities $50

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

    securities $41

  • 7c · Gain or loss

    securities $9

  • 7d · Net gain or loss

    total $9 · excluded $9

  • 11a · Other revenue: Expense Recoveries

    total $2,068 · related or exempt $2,068

  • 11b · Other revenue: Miscellaneous

    total $91 · related or exempt $91

  • 11e · Other revenue, total

    $2,159

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $950

  • 2 · Grants to domestic individuals

    total $1,950

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $2,642

  • 5 · Compensation of officers, directors and key employees

    total $0

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $26,325

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $167

  • 10 · Payroll taxes

    total $3,046

  • 11a · Fees: management

    total $1,540

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $830

  • 11d · Fees: lobbying

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $0

  • 12 · Advertising and promotion

    total $6,794

  • 13 · Office expenses

    total $5,795

  • 14 · Information technology

    total $0

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $0

  • 17 · Travel

    total $255

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $6,820

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $33,880

  • 22 · Depreciation, depletion and amortization

    total $2,629

  • 23 · Insurance

    total $1,405

  • 24a · Other expenses: SPOKESMAN, DUES SUBSCRIPTIONS

    total $3,886

  • 24b · Other expenses: AG COMMUNITY PROMOTION

    total $331

  • 24c · Other expenses: MEMBERSHIP ACQUISITION

    total $1,151

  • 24e · All other expenses

    total $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $50 · end of year $50

  • 2 · Savings and temporary cash investments

    beginning of year $73,578 · end of year $77,646

  • 4 · Accounts receivable

    beginning of year $2,330 · end of year $2,085

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

    $139,251

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

    $116,023

  • 10c · Land, buildings and equipment, net

    beginning of year $25,857 · end of year $23,228

  • 11 · Investments: publicly traded securities

    beginning of year $98,095 · end of year $172,009

  • 15 · Other assets

    beginning of year $108,764 · end of year $995,176

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,726 · end of year $2,660

  • 19 · Deferred revenue

    beginning of year $400 · end of year $400

  • 27 · Net assets without donor restrictions

    beginning of year $305,548 · end of year $271,958

  • 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 Promoted the policy development process getting over 100 members to participate through electronic surveys. Lee County Farm Bureau volunteers met with elected officials at a State, National, and Local level to promote agriculture and advocate for issues important to members. Issues included property tax relief, rural safety, and secondary roads.

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

Listed in Part VII

  • Brent Koller

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2.5
  • Chris Brown

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    2.5
  • Austin Moore

    TREASURER/SECRETARY

    Total calculated
    $0
    Hours/week
    2.5
  • Jeff Ellis

    VOTING DELEGATE

    Total calculated
    $0
    Hours/week
    2.5
  • Chandler Young

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5
  • Jay Lampe

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5
  • Billy Knisley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5
  • Connor Conrad

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5
  • Grant Weisinger

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5
  • Shannon Wellman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5
  • Justin Menke

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5
  • John Kent

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5
  • Steve Newberry

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5
  • Larry Pomberg

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5
  • Joel Bobb

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5
  • Hannah Lupkes

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

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
202332339349301103

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