Form 990 for tax year 2022
Filed by MONTANA FARM BUREAU FEDERATION.
Totals
- Total revenue
- $2,538,711
- Total expenses
- $2,611,700
- Contributions and grants received
- $990,440
- Grants paid
- $0
- Program service revenue
- $159,411
- Investment income
- $41,096
- Other revenue
- $1,347,764
- Total assets, end of year
- $2,540,242
- Total liabilities, end of year
- $1,125,773
- Net assets or fund balances, end of year
- $1,414,469
- 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.
-
1b · Membership dues
$856,645
-
1e · Government grants (contributions)
$133,795
-
2a · Program service revenue: CONVENTION REVENUE
total $100,498 · related or exempt $100,498
-
2b · Program service revenue: COMMITTEE & OTHER MEETINGS
total $45,478 · related or exempt $45,478
-
2c · Program service revenue: MEMBER SERVICES
total $13,435 · unrelated business $13,435
-
3 · Investment income
total $67,581 · excluded $67,581
-
5 · Royalties
total $1,299,512 · excluded $1,299,512
-
7a · Gross sales of assets other than inventory
securities $191,796
-
7b · Less cost or other basis and sales expenses
securities $212,264 · other assets $6,017
-
7c · Gain or loss
securities -$20,468 · other assets -$6,017
-
7d · Net gain or loss
total -$26,485 · excluded -$26,485
-
8a · Fundraising events: gross income
$15,038
-
8b · Fundraising events: direct expenses
$3,315
-
8c · Net income from fundraising events
total $11,723 · excluded $11,723
-
11a · Other revenue: ADVERTISING
total $20,406 · unrelated business $20,406
-
11b · Other revenue: REIMBURSEMENTS FROM COUNTIES
total $11,002 · related or exempt $11,002
-
11c · Other revenue: OTHER INCOME
total $5,121 · related or exempt $5,121
-
11e · Other revenue, total
$36,529
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $145,186
-
7 · Other salaries and wages
total $698,459
-
8 · Pension plan contributions
total $36,646
-
9 · Other employee benefits
total $236,426
-
10 · Payroll taxes
total $74,904
-
11b · Fees: legal
total $30,359
-
11c · Fees: accounting
total $30,846
-
11d · Fees: lobbying
total $107,015
-
13 · Office expenses
total $65,055
-
14 · Information technology
total $12,564
-
16 · Occupancy
total $79,179
-
17 · Travel
total $91,789
-
19 · Conferences, conventions and meetings
total $303,936
-
20 · Interest
total $459
-
22 · Depreciation, depletion and amortization
total $42,913
-
23 · Insurance
total $5,123
-
24a · Other expenses: PUBLICATIONS
total $167,486
-
24b · Other expenses: MSFAG EXPENSES
total $103,369
-
24c · Other expenses: AFBF DUES
total $97,440
-
24d · Other expenses: PUBLIC RELATIONS
total $94,895
-
24e · All other expenses
total $187,651
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $330,423 · end of year $364,946
-
2 · Savings and temporary cash investments
beginning of year $1,017,546 · end of year $700,000
-
3 · Pledges and grants receivable
beginning of year $7,250 · end of year $10,150
-
4 · Accounts receivable
beginning of year $30,229 · end of year $44,935
-
8 · Inventories for sale or use
beginning of year $19,868 · end of year $19,268
-
9 · Prepaid expenses and deferred charges
beginning of year $14,291 · end of year $29,144
-
10a · Land, buildings and equipment: cost or other basis
$231,536
-
10b · Land, buildings and equipment: accumulated depreciation
$114,243
-
10c · Land, buildings and equipment, net
beginning of year $123,019 · end of year $117,293
-
11 · Investments: publicly traded securities
beginning of year $589,570 · end of year $462,162
-
13 · Investments: program-related
beginning of year $620,074 · end of year $748,056
-
14 · Intangible assets
beginning of year $699 · end of year $44,288
-
17 · Accounts payable and accrued expenses
beginning of year $923,616 · end of year $182,927
-
19 · Deferred revenue
beginning of year $392,213 · end of year $389,358
-
23 · Secured mortgages and notes payable
beginning of year $14,860 · end of year $9,304
-
25 · Other liabilities
beginning of year $2,626 · end of year $544,184
-
27 · Net assets without donor restrictions
beginning of year $1,418,554 · end of year $1,410,989
-
28 · Net assets with donor restrictions
beginning of year $1,100 · end of year $3,480
Mission and programs · 2022
Mission
MONTANA FARM BUREAU IS A GRASSROOTS ORGANIZATION DEDICATED TO PRESERVING AND IMPROVING THE AGRICULTURE AND NATURAL RESOURCE INDUSTRIES THROUGH MEMBER INVOLVEMENT IN EDUCATION, POLITICAL ACTIVITIES, PROGRAMS AND SERVICES.
-
PROVIDE INFORMATION AND EDUCATION ON ISSUES AND PRACTICES AFFECTING THE AGRICULTURE INDUSTRY TO APPROXIMATELY 17,250 MEMBERS THROUGHOUT THE STATE OF MONTANA.
As filed on the 2022 return.
Listed in Part VII
-
Cyndi JohnsonCYNDI JOHNSON
PRESIDENT
- Total calculated
- $0
- Hours/week
- 5 + 2 related
-
Gary HeibertshausenGARY HEIBERTSHAUSEN
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Craig BlevinsCRAIG BLEVINS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jm PeckJM PECK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kris DescheemaekerKRIS DESCHEEMAEKER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Casey MottCASEY MOTT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Darcia PattenDARCIA PATTEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Nick CourvilleNICK COURVILLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Don Steinbeisser JrDON STEINBEISSER JR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Joy DepuydtJOY DEPUYDT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ed BandelED BANDEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Scott StonerSCOTT STONER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Jim WillisJIM WILLIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Carla LawrenceCARLA LAWRENCE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Scott KulbeckSCOTT KULBECK
EXECUTIVE VICE PRESIDENT
- Total calculated
- $142,757
- From this org
- $110,658
- From related orgs
- $0
- Other
- $32,099
- Hours/week
- 40 + 5 related
-
Diana BaileyDIANA BAILEY
EXECUTIVE SECRETARY/CFO
- Total calculated
- $133,052
- From this org
- $117,735
- From related orgs
- $0
- Other
- $15,317
- Hours/week
- 40 + 5 related
-
John YoungbergJOHN YOUNGBERG
FORMER EXECUTIVE VICE PRESIDENT
- Total calculated
- $158,263
- From this org
- $149,975
- From related orgs
- $0
- Other
- $8,288
- Hours/week
- 0
Schedule J breakdown matched by us
- Base
- $138,052
- Bonus
- $8,835
- Other
- $3,088
- Deferred
- $6,903
- Nontaxable benefits
- $1,385
- Filer's total
- $158,263
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
- 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
The filer's explanations (Part III)
- PART I, LINE 3
- THE BOARD, THROUGH AN EXECUTIVE SESSION, REVIEWS THE BUDGET WHICH CONTAINS THE WAGE FOR THE EXECUTIVE VICE PRESIDENT. THIS WAGE IS PROPOSED BY THE STAFF AS PART OF THE BUDGETING PROCESS. THE BOARD, WHO IS AWARE OF COMPARABLE WAGES WITHIN THE STATE, THEN ADJUSTS AND APPROVES THE WAGE WITH THE BUDGET AS THEY DETERMINE IS REASONABLE.
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.
-
MONTANA FARM BUREAU FOUNDATION
501(C)(3) · ORGANIZED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL AND SCIENTIFIC PURPOSES. · MT · controlled entity
Directly controlled by MONTANA FARM BUREAU FEDERATION
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 19 June 2024
- IRS schema version
- 2022v5.0
- Source object
- 202402199349300030
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