Skip to content
Nonprofiteer
← IOWA FARM BUREAU FEDERATION

Form 990 for tax year 2024

Filed by IOWA FARM BUREAU FEDERATION.

Totals

Total revenue
$72,245
Total expenses
$55,559
Contributions and grants received
$11,048
Grants paid
$2,348
Program service revenue
$33,030
Investment income
$32,129
Other revenue
-$3,962
Total assets, end of year
$1,247,183
Total liabilities, end of year
$7,862
Net assets or fund balances, end of year
$1,239,321
Program services expenses (Part IX)
$0
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
not reported

Program services were 0.0% 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.

  • 1d · Related organizations

    $10,048

  • 1f · All other contributions, gifts and grants

    $1,000

  • 2a · Program service revenue: Membership Dues

    total $33,030 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $29,990 · unrelated business $0 · excluded $29,990

  • 6a · Gross rents

    real property $80

  • 6b · Less rental expenses

    real property $4,042

  • 6c · Rental income or loss

    real property -$3,962

  • 6d · Net rental income or loss

    total -$3,962 · excluded -$3,962

  • 7a · Gross sales of assets other than inventory

    securities $2,139

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

    securities $0

  • 7c · Gain or loss

    securities $2,139

  • 7d · Net gain or loss

    total $2,139 · related or exempt $0 · unrelated business $0 · excluded $2,139

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $2,348 · program services $0

  • 5 · Compensation of officers, directors and key employees

    total $450 · program services $0 · management and general $0 · fundraising $0

  • 7 · Other salaries and wages

    total $4,844 · program services $0 · management and general $0 · fundraising $0

  • 9 · Other employee benefits

    total $31 · program services $0 · management and general $0 · fundraising $0

  • 10 · Payroll taxes

    total $400 · program services $0 · management and general $0 · fundraising $0

  • 11a · Fees: management

    total $734 · program services $0 · management and general $0 · fundraising $0

  • 11c · Fees: accounting

    total $1,778 · program services $0 · management and general $0 · fundraising $0

  • 11g · Fees: other

    total $7,181 · program services $0 · management and general $0 · fundraising $0

  • 12 · Advertising and promotion

    total $245 · program services $0 · management and general $0 · fundraising $0

  • 13 · Office expenses

    total $5,711 · program services $0 · management and general $0 · fundraising $0

  • 17 · Travel

    total $3,582 · program services $0 · management and general $0 · fundraising $0

  • 19 · Conferences, conventions and meetings

    total $9,009 · program services $0 · management and general $0 · fundraising $0

  • 21 · Payments to affiliates

    total $16,148 · program services $0 · management and general $0 · fundraising $0

  • 23 · Insurance

    total $552 · program services $0 · management and general $0 · fundraising $0

  • 24a · Other expenses: Dues and Subscriptions

    total $1,876 · program services $0 · management and general $0 · fundraising $0

  • 24b · Other expenses: Membership Acquisition

    total $58 · program services $0 · management and general $0 · fundraising $0

  • 24c · Other expenses: Other Program Services

    total $587 · program services $0 · management and general $0 · fundraising $0

  • 24d · Other expenses: Miscellaneous

    total $25 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $25 · end of year $51,256

  • 2 · Savings and temporary cash investments

    beginning of year $50,394 · end of year $10,784

  • 4 · Accounts receivable

    beginning of year $892 · end of year $1,039

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

    $67,517

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

    $55,252

  • 10c · Land, buildings and equipment, net

    beginning of year $12,546 · end of year $12,265

  • 11 · Investments: publicly traded securities

    beginning of year $87,990 · end of year $97,526

  • 12 · Investments: other securities

    end of year $1,074,313

  • 13 · Investments: program-related

    beginning of year $995,176

  • 15 · Other assets

    beginning of year $78,168

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,257 · end of year $2,972

  • 19 · Deferred revenue

    beginning of year $4,890 · end of year $4,890

  • 27 · Net assets without donor restrictions

    beginning of year $223,868 · end of year $1,239,321

  • 28 · Net assets with donor restrictions

    beginning of year $995,176

Mission and programs · 2024

Mission

To create a vibrant future for agriculture, farm families and their communities.

  • See Schedule O.

  • See Schedule O.

  • See Schedule O.

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

Listed in Part VII

  • Marshal Schultz

    President

    Total calculated
    $45
    From this org
    $0
    From related orgs
    $0
    Other
    $45
    Hours/week
    2
  • Brent Hall

    Vice President

    Total calculated
    $45
    From this org
    $0
    From related orgs
    $0
    Other
    $45
    Hours/week
    2
  • Justin Brown

    Secretary

    Total calculated
    $45
    From this org
    $0
    From related orgs
    $0
    Other
    $45
    Hours/week
    2
  • Johnathan Etter

    Treasurer

    Total calculated
    $0
    Hours/week
    2
  • Earl Comstock

    Voting Delegate

    Total calculated
    $45
    From this org
    $0
    From related orgs
    $0
    Other
    $45
    Hours/week
    2
  • Chase Altenhofen

    Director

    Total calculated
    $45
    From this org
    $0
    From related orgs
    $0
    Other
    $45
    Hours/week
    1
  • Rod Bortz

    Director

    Total calculated
    $45
    From this org
    $0
    From related orgs
    $0
    Other
    $45
    Hours/week
    1
  • Matt Evans

    Director

    Total calculated
    $45
    From this org
    $0
    From related orgs
    $0
    Other
    $45
    Hours/week
    1
  • Joe Miller

    Director

    Total calculated
    $45
    From this org
    $0
    From related orgs
    $0
    Other
    $45
    Hours/week
    1
  • Shane Irving

    Director

    Total calculated
    $45
    From this org
    $0
    From related orgs
    $0
    Other
    $45
    Hours/week
    1
  • Nyle Sealine

    Director

    Total calculated
    $45
    From this org
    $0
    From related orgs
    $0
    Other
    $45
    Hours/week
    1

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
2024
Filed
21 October 2025
IRS schema version
2024v5.2
Source object
202513149349302221

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.