Civic Intelligence

Clinton County Farm Bureau

990 • Fiscal year 2017 • EIN 37-0220750

Oct 01, 2016 to Sep 30, 2017 • Filed on Feb 07, 2018

1165 North 4th StreetBreese, IL 62230

(618) 526-7235

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

54th percentile

0.02x

Higher debt load relative to assets than 54% of similar nonprofits.

2017 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

71st percentile

0.08x

Higher debt load relative to revenue than 71% of similar nonprofits.

2017 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2017

Net Margin

60th percentile

8.8%

Higher net margin than 60% of similar nonprofits.

2017 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

18th percentile

$1,700

Higher top officer pay than 18% of similar nonprofits.

Top officer pay equals 0.4% of source-year revenue.

2017 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2017

Asset Growth

50th percentile

5.4%

Faster asset growth than 50% of similar nonprofits.

2017 filings • 501(c)5 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

57th percentile

4.6%

Faster revenue growth than 57% of similar nonprofits.

2017 filings • 501(c)5 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$1,484,997

Up $75,980 (+5.4%) from 2016

Net Assets

Up

$1,449,805

Up $81,864 (+6.0%) from 2016

Liabilities

Down

$35,192

Down $5,884 (-14%) from 2016

Revenue

Up

$418,317

Up $18,481 (+4.6%) from 2016

Expenses

Up

$381,520

Up $14,832 (+4.0%) from 2016

Net Income

Up

$36,797

Up $3,649 (+11%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2014: $1,337,975Liabilities 2014: $14,376Net Assets 2014: $1,323,5992014Assets 2015: $1,308,777Liabilities 2015: $15,471Net Assets 2015: $1,293,3062015Assets 2016: $1,409,017Liabilities 2016: $41,076Net Assets 2016: $1,367,9412016Assets 2017: $1,484,997Liabilities 2017: $35,192Net Assets 2017: $1,449,8052017Assets 2018: $1,504,040Liabilities 2018: $30,267Net Assets 2018: $1,473,7732018Assets 2019: $1,549,029Liabilities 2019: $25,726Net Assets 2019: $1,523,3032019Assets 2020: $1,696,294Liabilities 2020: $42,294Net Assets 2020: $1,654,0002020Assets 2021: $2,020,110Liabilities 2021: $41,599Net Assets 2021: $1,978,5112021Assets 2022: $1,771,113Liabilities 2022: $63,180Net Assets 2022: $1,707,9332022Assets 2023: $1,901,259Liabilities 2023: $50,722Net Assets 2023: $1,850,5372023Assets 2024: $2,219,755Liabilities 2024: $35,681Net Assets 2024: $2,184,0742024

Highlighted filing

2017

Assets$1,484,997
Liabilities$35,192
Net Assets$1,449,805

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$800K$600K$400K$200K$0-$200KRevenue 2014: $378,731Expenses 2014: $368,766Net Income 2014: $9,9652014Revenue 2015: $385,047Expenses 2015: $369,278Net Income 2015: $15,7692015Revenue 2016: $399,836Expenses 2016: $366,688Net Income 2016: $33,1482016Revenue 2017: $418,317Expenses 2017: $381,520Net Income 2017: $36,7972017Revenue 2018: $442,485Expenses 2018: $439,134Net Income 2018: $3,3512018Revenue 2019: $425,391Expenses 2019: $370,853Net Income 2019: $54,5382019Revenue 2020: $470,852Expenses 2020: $364,505Net Income 2020: $106,3472020Revenue 2021: $551,109Expenses 2021: $404,765Net Income 2021: $146,3442021Revenue 2022: $582,975Expenses 2022: $605,516Net Income 2022: -$22,5412022Revenue 2023: $523,184Expenses 2023: $494,635Net Income 2023: $28,5492023Revenue 2024: $644,737Expenses 2024: $498,605Net Income 2024: $146,1322024

Highlighted filing

2017

Revenue$418,317
Expenses$381,520
Net Income$36,797
Jump To
Filing Snapshot
Filing Period
Oct 1, 2016 to Sep 30, 2017
Signed
Feb 7, 2018
Return Version
2016v3.0
Gross Receipts
$621,065
Mission and Program Overview

Mission

To educate, represent its members, lead with a clear vision of the future, and assit members to achieve a rewarding lifestyle.

To educate, represent its members, lead with a clear vision of the future, and assist members to achieve a rewarding lifestyle.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$730,489$689,753▼ $40,736
Investments in Publicly Traded Securities$452,534$519,568▲ $67,034
Land, Buildings, and Equipment, Net$121,685$163,537▲ $41,852
Cash and Non-Interest-Bearing Accounts$60,574$73,433▲ $12,859
Accounts Receivable$36,688$34,224▼ $2,464
Prepaid Expenses and Deferred Charges$6,830$4,185▼ $2,645
Inventories for Sale or Use$217$297▲ $80
Total Assets$1,409,017$1,484,997▲ $75,980
Liabilities
Accounts Payable and Accrued Expenses$40,773$34,889▼ $5,884
Deferred Revenue$303$303→ $0
Total Liabilities$41,076$35,192▼ $5,884
Net Assets / Fund Balance
Unrestricted Net Assets$1,367,941$1,449,805▲ $81,864
Total Net Assets Fund Balance$1,367,941$1,449,805▲ $81,864
Total Liabilities and Net Assets / Fund Balance$1,409,017$1,484,997▲ $75,980

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$126,448$234,753$361,201
Equipment$2,885$81,943$84,828
Other Land Buildings$31,991$4,922$36,913
Land$2,213-$2,213
Other Securities$287--
Compensation and Service Providers

Employees

NameTitleOtherTotal
Ray KrauszPresident$1,700$1,700
Ronald HolevoetTreasurer$630$630
Cliff SchuetteDirector$600$600
Robert GersteneckerDirector$540$540
Mark LittekinVice-president$510$510
Phillip HemkerSecretary$480$480
Travis HemkerDirector$390$390
John SchemelDirector$360$360
Justin BenhoffDirector$360$360
Gary KnolhoffDirector$300$300
Matt TimmermannDirector$300$300
Brian BeckerDirector$240$240
Philip RueterDirector$240$240
Bryan HenrichsDirector$150$150
Tim HankeDirector$120$120
Revenue and Support

Revenue Composition

Contributions and Grants
$58,028
Program Service Revenue
$3,742
Investment Income
$33,541
Other Revenue
$323,006
All Other Contributions
$10,889
Change in Net Assets
$36,797

Audited Revenue Reconciliation

Revenue per Audited Statements
$418,317
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$70,726
Total Revenue per Audited Statements
$489,043
Total Revenue per Form 990
$418,317
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$195,111
Salaries, Compensation, and Employee Benefits$151,409
Grants and Similar Amounts Paid$35,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$62,593
All Other Expenses---$41,590
Pension Plan Contributions---$37,697
Grants to Domestic Orgs---$35,000
Other Employee Benefits---$33,125
Office Expenses---$15,381
Conferences and Meetings---$15,333
Other Expenses---$13,965
Payroll Taxes---$11,074
Current Officers, Directors, Trustees, and Key Employees---$6,920
Fees for Services Accounting---$6,176
Insurance---$6,093
Depreciation Depletion---$5,814
Travel---$4,861
Occupancy---$4,168
Information Technology---$3,439
Total Functional Expenses$0$0$0$381,520

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$407,179
Expenses per Audited Statements$381,520
Total Expenses per Form 990$381,520
Expenses Not Reported on Form 990$25,659
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Clinton County Farm Bureau FoundationBreese, IL501(3)(c)Ag-related Activities$35,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 4

The farm bureau's bylaws were amended this year to include new classes of membership, professional voting and professional non-voting, to allow individuals that work in agriculture that may not have a substantial financial interest in production of agricultural products to seek membership in the organization.

Form 990, Part VI, Section A, Line 6

The organization has two classes of members, voting and non-voting with a total of 4,287 members for the year ending on september 30, 2017.

Form 990, Part VI, Section A, Line 7A

Members have the authority to elect or appoint members of the governing body.

Form 990, Part VI, Section A, Line 7B

Various governing decisions of the organization are subject to approval by the members.

Form 990, Part VI, Section B, Line 11B

Return will be reviewed by the board prior to filing.

Form 990, Part VI, Section B, Line 12C

The organization annually reviews the policy and is required to annually disclose interests that could give rise to conflicts.

Form 990, Part VI, Section B, Line 15

Managers contract and compensation are reviewed annually by the officers of the board, using comparability data. A recommendation is made and voted on by the entire board board members are compensated via a per diem and mileage agreement. Mileage is paid at the standard irs rate.

Form 990, Part VI, Section C, Line 19

Governing documents, the conflict of interest policy, and financial statements are on file at the office and available upon request.

Filing and Contact Details

Filer

Filer Name
Clinton County Farm Bureau
EIN
37-0220750
Phone
6185267235
Address
1165 NORTH 4TH STREET, BREESE, IL 62230

Signing Officer

Name
Ray Krausz
Title
President
Phone
6185267235
Signed
2018-02-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ray Krausz
Formed
1918
Legal Domicile
Il
Voting Board Members
15
Independent Board Members
15
Employees
6
Volunteers
45

Preparer

Firm
Cliftonlarsonallen Llp
Address
404 NORTH HERSHEY ROAD SUITE A, BLOOMINGTON, IL 61704
Preparer
Christopher J Buettner CPA
Phone
3095571200
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

State income tax 11,729. Printing & publications 10,639. Membership acquisition 7,660. Real estate taxes 4,614. Janitor service 3,120. Repairs & maintenance 1,861. Director expenses 1,136. Membership signs & calendars 831.

FORM 990, PART XII, LINE 2C:

The process for overseeing the audit and selecting an independent auditor has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

Explanation: fasb asc 740, requires entities to analyze the likelihood of disallowance of tax positions taken in returns already filed or to be filed in case of examination by taxing authorities. This evaluation of tax positions may result in the recognition of additional tax liabilities or derecognition of certain tax assets. In consultation with the farm bureau's tax advisors, management has concluded that the cumulative effect, if any, of past and current tax positions taken by the farm bureau are immaterial to the financial statements as of the date of this report. Therefore, no liability had been recorded. The farm bureau's income tax returns are open to examination by taxing authorities for the years ended september 30, 2014, 2015, 2016, and 2017. Returns are generally subject to examination for three years after they have been filed.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

RENT EXPENSE 25,659.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

RENT EXPENSE 25,659.

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IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0689753
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0452534
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0519568
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0321618
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0121685
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0163537
IRS990/LandBldgEquipCostOrOtherBssAmt0485155
IRS990/LegalDomicileStateCd0IL
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt030158
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0117491
IRS990/LessRentalExpensesGrp/RealAmt025659
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt047139
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO EDUCATE, REPRESENT ITS MEMBERS, LEAD WITH A CLEAR VISION OF THE FUTURE, AND ASSIST MEMBERS TO ACHIEVE A REWARDING LIFESTYLE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01367941
IRS990/NetAssetsOrFundBalancesEOYAmt01449805
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt011855
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt011855
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0714
IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt0714
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0-5974
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-5974
IRS990/NetUnrelatedBusTxblIncmAmt0133857
IRS990/NetUnrlzdGainsLossesInvstAmt045067
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt04168
IRS990/OfficeExpensesGrp/TotalAmt015381
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt033125
IRS990/OtherExpensesGrp/Desc0FEDERAL INCOME TAX
IRS990/OtherExpensesGrp/Desc1ALLOCATED MANAGEMENT SE
IRS990/OtherExpensesGrp/Desc2AG RELATED ACTIVITIES
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/TotalAmt034546
IRS990/OtherExpensesGrp/TotalAmt125983
IRS990/OtherExpensesGrp/TotalAmt217762
IRS990/OtherExpensesGrp/TotalAmt313965
IRS990/OtherRevenueMiscGrp/BusinessCd0524298
IRS990/OtherRevenueMiscGrp/Desc0INSURANCE COMPENSATION
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0258101
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt0258101
IRS990/OtherRevenueTotalAmt0258101
IRS990/OtherSalariesAndWagesGrp/TotalAmt062593
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt011074
IRS990/PensionPlanContributionsGrp/TotalAmt037697
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06830
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04185
IRS990/PrincipalOfficerNm0RAY KRAUSZ
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0MISCELLANEOUS
IRS990/ProgramServiceRevenueGrp/Desc1TRANSITION PAYMENTS
IRS990/ProgramServiceRevenueGrp/ExclusionAmt0919
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02823
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1919
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt02823
IRS990/ProgSrvcAccomActy2Grp/Desc0SUPPORT THE EFFORTS OF THE COUNTY AG LITERACY COALITION TO TELL CONSUMERS, TEACHERS, STUDENTS, AND OTHERS THE STORY OF AGRICULTURE AND ITS OVERALL IMPORTANCE.
IRS990/ProgSrvcAccomActy3Grp/Desc0WORK WITH THE LOCAL COUNTY BOARD TO BETTER UNDERSTAND THE IMPORTANCE OF AGRICULTURE TO OUR LOCAL ECONOMY AND THE IMPORTANCE TO PROTECT AGRICULTURE AS A WAY OF LIFE IN OUR COUNTY.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt07988
IRS990/PYGrantsAndSimilarPaidAmt033000
IRS990/PYInvestmentIncomeAmt018195
IRS990/PYOtherExpensesAmt0182817
IRS990/PYOtherRevenueAmt0321425
IRS990/PYProgramServiceRevenueAmt052228
IRS990/PYRevenuesLessExpensesAmt033148
IRS990/PYSalariesCompEmpBnftPaidAmt0150871
IRS990/PYTotalExpensesAmt0366688
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0399836
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt036797
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/RentalIncomeOrLossGrp/RealAmt0-5974
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt070165
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt070165
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0126448
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0234753
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0361201
IRS990ScheduleD/EquipmentGrp/BookValueAmt02885
IRS990ScheduleD/EquipmentGrp/DepreciationAmt081943
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt084828
IRS990ScheduleD/ExpensesNotReportedAmt025659
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0381520
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt02213
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02213
IRS990ScheduleD/NetUnrealizedGainsInvstAmt045067
IRS990ScheduleD/OtherExpensesIncludedAmt025659
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt031991
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt04922
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt036913
IRS990ScheduleD/OtherRevenueAmt025659
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0689371
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt195
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt2287
IRS990ScheduleD/OtherSecuritiesGrp/Desc0CERTIFICATES OF DEPOSIT
IRS990ScheduleD/OtherSecuritiesGrp/Desc1INVESTMENTS IN COOPERATIVES
IRS990ScheduleD/OtherSecuritiesGrp/Desc2PARTNERSHIP INVESTMENTS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2C
IRS990ScheduleD/RevenueNotReportedAmt070726
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0418317
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0EXPLANATION: FASB ASC 740, REQUIRES ENTITIES TO ANALYZE THE LIKELIHOOD OF DISALLOWANCE OF TAX POSITIONS TAKEN IN RETURNS ALREADY FILED OR TO BE FILED IN CASE OF EXAMINATION BY TAXING AUTHORITIES. THIS EVALUATION OF TAX POSITIONS MAY RESULT IN THE RECOGNITION OF ADDITIONAL TAX LIABILITIES OR DERECOGNITION OF CERTAIN TAX ASSETS. IN CONSULTATION WITH THE FARM BUREAU'S TAX ADVISORS, MANAGEMENT HAS CONCLUDED THAT THE CUMULATIVE EFFECT, IF ANY, OF PAST AND CURRENT TAX POSITIONS TAKEN BY THE FARM BUREAU ARE IMMATERIAL TO THE FINANCIAL STATEMENTS AS OF THE DATE OF THIS REPORT. THEREFORE, NO LIABILITY HAD BEEN RECORDED. THE FARM BUREAU'S INCOME TAX RETURNS ARE OPEN TO EXAMINATION BY TAXING AUTHORITIES FOR THE YEARS ENDED SEPTEMBER 30, 2014, 2015, 2016, AND 2017. RETURNS ARE GENERALLY SUBJECT TO EXAMINATION FOR THREE YEARS AFTER THEY HAVE BEEN FILED.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1RENT EXPENSE 25,659.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2RENT EXPENSE 25,659.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0163537
IRS990ScheduleD/TotalBookValueSecuritiesAmt0689753
IRS990ScheduleD/TotalExpensesPerForm990Amt0381520
IRS990ScheduleD/TotalRevenuePerForm990Amt0418317
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0489043
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0407179
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt035000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(3)(C)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0AG-RELATED ACTIVITIES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0CLINTON COUNTY FARM BUREAU FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientEIN0371409521
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01165 N 4TH ST
IRS990ScheduleI/RecipientTable/USAddress/CityNm0BREESE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IL
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd062230
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FARM BUREAU'S BYLAWS WERE AMENDED THIS YEAR TO INCLUDE NEW CLASSES OF MEMBERSHIP, PROFESSIONAL VOTING AND PROFESSIONAL NON-VOTING, TO ALLOW INDIVIDUALS THAT WORK IN AGRICULTURE THAT MAY NOT HAVE A SUBSTANTIAL FINANCIAL INTEREST IN PRODUCTION OF AGRICULTURAL PRODUCTS TO SEEK MEMBERSHIP IN THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS TWO CLASSES OF MEMBERS, VOTING AND NON-VOTING WITH A TOTAL OF 4,287 MEMBERS FOR THE YEAR ENDING ON SEPTEMBER 30, 2017.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS HAVE THE AUTHORITY TO ELECT OR APPOINT MEMBERS OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3VARIOUS GOVERNING DECISIONS OF THE ORGANIZATION ARE SUBJECT TO APPROVAL BY THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4RETURN WILL BE REVIEWED BY THE BOARD PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION ANNUALLY REVIEWS THE POLICY AND IS REQUIRED TO ANNUALLY DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6MANAGERS CONTRACT AND COMPENSATION ARE REVIEWED ANNUALLY BY THE OFFICERS OF THE BOARD, USING COMPARABILITY DATA. A RECOMMENDATION IS MADE AND VOTED ON BY THE ENTIRE BOARD BOARD MEMBERS ARE COMPENSATED VIA A PER DIEM AND MILEAGE AGREEMENT. MILEAGE IS PAID AT THE STANDARD IRS RATE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE ON FILE AT THE OFFICE AND AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8STATE INCOME TAX 11,729. PRINTING & PUBLICATIONS 10,639. MEMBERSHIP ACQUISITION 7,660. REAL ESTATE TAXES 4,614. JANITOR SERVICE 3,120. REPAIRS & MAINTENANCE 1,861. DIRECTOR EXPENSES 1,136. MEMBERSHIP SIGNS & CALENDARS 831.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9THE PROCESS FOR OVERSEEING THE AUDIT AND SELECTING AN INDEPENDENT AUDITOR HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART IX, LINE 24E

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