Skip to content
Nonprofiteer
← AGRIBUSINESS ASSOCIATION OF IOWA

Form 990 for tax year 2023

Filed by AGRIBUSINESS ASSOCIATION OF IOWA.

Totals

Total revenue
$1,481,560
Total expenses
$1,352,024
Contributions and grants received
$782,158
Grants paid
$0
Program service revenue
$687,480
Investment income
$9,240
Other revenue
$2,682
Total assets, end of year
$1,172,666
Total liabilities, end of year
$134,953
Net assets or fund balances, end of year
$1,037,713
Program services expenses (Part IX)
$314,919
Management and general expenses
$647,546
Fundraising expenses
$389,559
Program service expenses (Part III)
$314,919

Program services were 23.3% 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.

  • 1b · Membership dues

    $695,833

  • 1c · Fundraising events

    $86,325

  • 2a · Program service revenue: MANAGEMENT AGREEMENTS

    total $473,129 · unrelated business $473,129

  • 2b · Program service revenue: EVENTS

    total $146,536 · related or exempt $146,536

  • 2c · Program service revenue: EDUCATION

    total $21,845 · related or exempt $21,845

  • 2d · Program service revenue: RENT

    total $18,500 · related or exempt $18,500

  • 2e · Program service revenue: INSURANCE

    total $17,130 · excluded $17,130

  • 2f · All other program service revenue

    total $10,340 · related or exempt $4,751 · unrelated business $62 · excluded $5,527

  • 3 · Investment income

    total $9,240 · excluded $9,240

  • 8a · Fundraising events: gross income

    $149,218

  • 8a · Fundraising events: contributions included on line 1c

    $86,325

  • 8b · Fundraising events: direct expenses

    $146,536

  • 8c · Net income from fundraising events

    total $2,682 · excluded $2,682

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $77,751 · program services $20,214 · management and general $35,767 · fundraising $21,770

  • 7 · Other salaries and wages

    total $503,501 · program services $131,488 · management and general $232,183 · fundraising $139,830

  • 8 · Pension plan contributions

    total $28,415 · program services $7,420 · management and general $13,103 · fundraising $7,892

  • 9 · Other employee benefits

    total $76,530 · program services $19,975 · management and general $35,281 · fundraising $21,274

  • 10 · Payroll taxes

    total $43,577 · program services $11,374 · management and general $20,088 · fundraising $12,115

  • 11b · Fees: legal

    total $3,183 · program services $637 · management and general $1,591 · fundraising $955

  • 11c · Fees: accounting

    total $10,220 · program services $2,044 · management and general $5,110 · fundraising $3,066

  • 11d · Fees: lobbying

    total $45,056 · program services $9,011 · management and general $22,528 · fundraising $13,517

  • 11g · Fees: other

    total $62,297 · program services $12,459 · management and general $31,149 · fundraising $18,689

  • 12 · Advertising and promotion

    total $6,415 · program services $1,283 · management and general $3,207 · fundraising $1,925

  • 13 · Office expenses

    total $55,829 · program services $11,165 · management and general $27,916 · fundraising $16,748

  • 14 · Information technology

    total $996 · program services $199 · management and general $498 · fundraising $299

  • 16 · Occupancy

    total $77,811 · program services $15,562 · management and general $38,905 · fundraising $23,344

  • 17 · Travel

    total $12,920 · program services $2,584 · management and general $6,460 · fundraising $3,876

  • 19 · Conferences, conventions and meetings

    total $22,643 · program services $4,528 · management and general $11,322 · fundraising $6,793

  • 21 · Payments to affiliates

    total $51,775 · program services $10,355 · management and general $25,887 · fundraising $15,533

  • 22 · Depreciation, depletion and amortization

    total $28,466 · program services $5,693 · management and general $14,233 · fundraising $8,540

  • 23 · Insurance

    total $16,342 · program services $3,268 · management and general $8,171 · fundraising $4,903

  • 24a · Other expenses: UNRELATED BUSINESS INCO

    total $288 · program services $58 · management and general $144 · fundraising $86

  • 24b · Other expenses: CONVENTION AND TRADE SH

    total $110,819 · program services $22,164 · management and general $55,409 · fundraising $33,246

  • 24c · Other expenses: COVER CROP PROJECT

    total $57,470 · program services $11,494 · management and general $28,735 · fundraising $17,241

  • 24d · Other expenses: GOLF OUTINGS

    total $37,672 · program services $7,534 · management and general $18,836 · fundraising $11,302

  • 24e · All other expenses

    total $22,048 · program services $4,410 · management and general $11,023 · fundraising $6,615

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $45,538 · end of year $516,736

  • 2 · Savings and temporary cash investments

    beginning of year $266,372 · end of year $285

  • 4 · Accounts receivable

    beginning of year $102,484 · end of year $52,379

  • 8 · Inventories for sale or use

    beginning of year $6,899 · end of year $4,821

  • 9 · Prepaid expenses and deferred charges

    beginning of year $8,640 · end of year $8,440

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

    $194,197

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

    $127,514

  • 10c · Land, buildings and equipment, net

    beginning of year $95,149 · end of year $66,683

  • 15 · Other assets

    beginning of year $459,159 · end of year $523,322

  • 17 · Accounts payable and accrued expenses

    beginning of year $70,864 · end of year $132,077

  • 19 · Deferred revenue

    beginning of year $5,200 · end of year $2,876

  • 27 · Net assets without donor restrictions

    beginning of year $908,177 · end of year $1,037,713

Mission and programs · 2023

Mission

THE AGRIBUSINESS ASSOCIATION OF IOWA EXISTS TO ADVOCATE COMMUNICATE AND EDUCATE ON BEHALF OF A PROFESSIONAL AGRIBUSINESS INDUSTRY.

  • ADVOCACY AND EDUCATION FOR THE AGRIBUSINESS INDUSTRY BY PROVIDING MEMBERS WITH INFORMATION CONCERNING AGRICULTURAL BUSINESS ISSUES, NEWSLETTERS AND SEMINARS WITH AROUND 900 MEMBERS.

    Expenses $314,919 · Revenue $191,632

As filed on the 2023 return.

Listed in Part VII

  • Shelly Kruse

    PAST CHAIRMAN

    Total calculated
    $0
    Hours/week
    5

  • Al Muhlenbruck

    CHAIR ELECT

    Total calculated
    $0
    Hours/week
    5

  • Kevin Drury

    FOUNDATION REP

    Total calculated
    $0
    Hours/week
    2

  • Tracy Gatham

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Dana Gee

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Bill Beukema

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Eric Thuente

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Dan Luers

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Rob Denson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Jay Harmon

    EX-OFFICIO

    Total calculated
    $0
    Hours/week
    2

  • Dan Robinson

    EX-OFFICIO

    Total calculated
    $0
    Hours/week
    2

  • Mark Morrissey

    EX-OFFICIO

    Total calculated
    $0
    Hours/week
    2

  • Jeff Steinback

    EX-OFFICIO

    Total calculated
    $0
    Hours/week
    2

  • Bill Backhaus

    EX-OFFICIO

    Total calculated
    $0
    Hours/week
    2

  • Julie Kenney

    CEO

    Total calculated
    $14,693
    From this org
    $14,176
    From related orgs
    $0
    Other
    $517
    Hours/week
    40

  • Joan O'Brien

    CFO

    Total calculated
    $63,058
    From this org
    $59,089
    From related orgs
    $0
    Other
    $3,969
    Hours/week
    40

  • Mark White

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    5

  • Joel Nelson

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Kent Bennis

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

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.

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.

Provenance

Return type
form_990
Tax year
2023
Filed
27 February 2025
IRS schema version
2023v6.0
Source object
202510659349300611

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.