Civic Intelligence

Madison County Farm Bureau

990 • Fiscal year 2016 • EIN 37-0396163

Oct 01, 2015 to Sep 30, 2016 • Filed on Feb 13, 2017

900 Hillsboro AvenueEdwardsville, IL 62025

(618) 656-5191

Siviq Scores

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

Liabilities / Assets

66th percentile

0.06x

Higher debt load relative to assets than 66% of similar nonprofits.

2016 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

83rd percentile

0.20x

Higher debt load relative to revenue than 83% of similar nonprofits.

2016 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2016

Net Margin

45th percentile

3.5%

Higher net margin than 45% of similar nonprofits.

2016 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

16th percentile

$0

Higher top officer pay than 16% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2016

Asset Growth

41st percentile

2.2%

Faster asset growth than 41% of similar nonprofits.

2016 filings • 501(c)5 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

56th percentile

4.0%

Faster revenue growth than 56% of similar nonprofits.

2016 filings • 501(c)5 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$1,401,707

Up $30,488 (+2.2%) from 2015

Net Assets

Up

$1,311,566

Up $15,590 (+1.2%) from 2015

Liabilities

Up

$90,141

Up $14,898 (+20%) from 2015

Revenue

Up

$448,246

Up $17,156 (+4.0%) from 2015

Expenses

Up

$432,405

Up $25,927 (+6.4%) from 2015

Net Income

Down

$15,841

Down $8,771 (-36%) from 2015

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2014: $1,360,583Liabilities 2014: $81,022Net Assets 2014: $1,279,5612014Assets 2015: $1,371,219Liabilities 2015: $75,243Net Assets 2015: $1,295,9762015Assets 2016: $1,401,707Liabilities 2016: $90,141Net Assets 2016: $1,311,5662016Assets 2017: $1,411,388Liabilities 2017: $95,399Net Assets 2017: $1,315,9892017Assets 2018: $1,406,432Liabilities 2018: $92,450Net Assets 2018: $1,313,9822018Assets 2019: $1,423,767Liabilities 2019: $108,989Net Assets 2019: $1,314,7782019Assets 2020: $1,444,429Liabilities 2020: $87,411Net Assets 2020: $1,357,0182020Assets 2021: $1,534,167Liabilities 2021: $67,666Net Assets 2021: $1,466,5012021Assets 2022: $2,151,621Liabilities 2022: $793,099Net Assets 2022: $1,358,5222022Assets 2023: $2,634,750Liabilities 2023: $1,035,727Net Assets 2023: $1,599,0232023Assets 2024: $3,367,320Liabilities 2024: $1,047,712Net Assets 2024: $2,319,6082024

Highlighted filing

2016

Assets$1,401,707
Liabilities$90,141
Net Assets$1,311,566

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2014: $436,697Expenses 2014: $419,044Net Income 2014: $17,6532014Revenue 2015: $431,090Expenses 2015: $406,478Net Income 2015: $24,6122015Revenue 2016: $448,246Expenses 2016: $432,405Net Income 2016: $15,8412016Revenue 2017: $418,066Expenses 2017: $421,276Net Income 2017: -$3,2102017Revenue 2018: $454,797Expenses 2018: $455,927Net Income 2018: -$1,1302018Revenue 2019: $464,254Expenses 2019: $437,194Net Income 2019: $27,0602019Revenue 2020: $466,294Expenses 2020: $427,704Net Income 2020: $38,5902020Revenue 2021: $434,657Expenses 2021: $361,366Net Income 2021: $73,2912021Revenue 2022: $303,720Expenses 2022: $409,744Net Income 2022: -$106,0242022Revenue 2023: $488,577Expenses 2023: $319,471Net Income 2023: $169,1062023Revenue 2024: $972,469Expenses 2024: $433,853Net Income 2024: $538,6162024

Highlighted filing

2016

Revenue$448,246
Expenses$432,405
Net Income$15,841
Jump To
Filing Snapshot
Filing Period
Oct 1, 2015 to Sep 30, 2016
Signed
Feb 13, 2017
Return Version
2015v3.0
Gross Receipts
$585,761
Mission and Program Overview

Mission

To improve the economic well-being of agriculture and enrich the quality of farm family life.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$681,306$712,445▲ $31,139
Land, Buildings, and Equipment, Net$417,133$390,081▼ $27,052
Investments in Publicly Traded Securities$128,313$136,797▲ $8,484
Accounts Receivable$52,657$57,510▲ $4,853
Savings and Temporary Cash Investments$45,425$45,489▲ $64
Cash and Non-Interest-Bearing Accounts$26,884$44,154▲ $17,270
Prepaid Expenses and Deferred Charges$14,201$11,466▼ $2,735
Inventories for Sale or Use$5,300$3,765▼ $1,535
Total Assets$1,371,219$1,401,707▲ $30,488
Liabilities
Accounts Payable and Accrued Expenses$75,243$90,141▲ $14,898
Total Liabilities$75,243$90,141▲ $14,898
Net Assets / Fund Balance
Unrestricted Net Assets$1,295,976$1,311,566▲ $15,590
Total Net Assets Fund Balance$1,295,976$1,311,566▲ $15,590
Total Liabilities and Net Assets / Fund Balance$1,371,219$1,401,707▲ $30,488

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$331,935$819,178$1,151,113
Other Land Buildings$8,569$76,683$85,252
Equipment$11,064$62,477$73,541
Land$38,513-$38,513
Other Securities$712,108--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Steven KoellerPresident
Steve PlocherVice-president
Bob GvilloDirector
Brad DorseyDirector
Craig EngelingDirector
Dave GrotefendtDirector
Frank DorrisDirector
Gary KnechtDirector
Glenn GindlerDirector
Joe DietzDirector
John SedlacekDirector
Kevin RutzDirector
Mark HelmerDirector
Melvin PaulDirector
Mike CampbellDirector
Ross HermannDirector
Russell HenkeDirector
Heather HenkhausSecretary
Kenneth WiesemanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$55
Program Service Revenue
$151,879
Investment Income
$39,940
Other Revenue
$256,372
All Other Contributions
$55
Change in Net Assets
$15,841

Audited Revenue Reconciliation

Revenue per Audited Statements
$448,246
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$119,642
Total Revenue per Audited Statements
$567,888
Total Revenue per Form 990
$448,246
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$230,717
Salaries, Compensation, and Employee Benefits$201,688
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$164,373
All Other Expenses---$44,995
Conferences and Meetings---$41,444
Pension Plan Contributions---$18,296
Other Employee Benefits---$14,724
Office Expenses---$13,727
Other Expenses---$12,377
Depreciation Depletion---$10,589
Travel---$8,534
Fees for Services Accounting---$6,571
Information Technology---$6,231
Payroll Taxes---$4,295
Insurance---$3,616
Occupancy---$3,540
Total Functional Expenses$0$0$0$432,405

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$552,298
Expenses per Audited Statements$432,405
Total Expenses per Form 990$432,405
Expenses Not Reported on Form 990$119,893
Expenses Not Reported on Financial Statements$0
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
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
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 6

The organization has two classes of members, voting and non-voting with a total of 13,386 members for the year ending september 30, 2016.

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 11

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

Manager's 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 per a mileage agreement, which is paid at the standard irs rate.

Form 990, Part VI, Section C, Line 19

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

Filing and Contact Details

Filer

Filer Name
Madison County Farm Bureau
EIN
37-0396163
Phone
6186565191
Address
900 HILLSBORO AVENUE, EDWARDSVILLE, IL 62025

Signing Officer

Name
Steven Koeller
Title
President
Phone
6186565191
Signed
2017-02-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steven Koeller
Formed
1921
Legal Domicile
Il
Voting Board Members
19
Independent Board Members
19
Employees
4
Volunteers
50

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

Repairs & maint. 9,204. Miscellaneous 8,339. Real estate taxes 8,211. State income tax 5,790. Membership signs & calendars 4,444. Janitor service 3,480. Membership acquisition 2,838. Director expenses 2,689.

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:

Fasb asc 740, income taxes, 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 has been recorded. The farm bureau's income tax returns are open to examination by taxing authorities for the years ended september 30, 2013, 2014, 2015, and 2016. Returns are generally subject to examination for three years after they have been filed.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

RENTAL EXPENSE 119,893.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

RENTAL EXPENSE 119,893.

Raw XML AppendixShowing 400 of 487 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE-PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
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IRS990/GrossRentsGrp/RealAmt088086
IRS990/GrossSalesOfInventoryAmt016369
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt019
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/TotalAmt06231
IRS990/InsuranceGrp/TotalAmt03616
IRS990/InventoriesForSaleOrUseGrp/BOYAmt05300
IRS990/InventoriesForSaleOrUseGrp/EOYAmt03765
IRS990/InvestmentIncomeGrp/ExclusionAmt039940
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt039940
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0681306
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0712445
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0128313
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0136797
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0958338
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0417133
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0390081
IRS990/LandBldgEquipCostOrOtherBssAmt01348419
IRS990/LegalDomicileStateCd0IL
IRS990/LessRentalExpensesGrp/RealAmt0119893
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO IMPROVE THE ECONOMIC WELL-BEING OF AGRICULTURE AND ENRICH THE QUALITY OF FARM FAMILY LIFE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01295976
IRS990/NetAssetsOrFundBalancesEOYAmt01311566
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0-1253
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0-1253
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0-31807
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-31807
IRS990/NetUnrelatedBusTxblIncmAmt068691
IRS990/NetUnrlzdGainsLossesInvstAmt0-251
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt03540
IRS990/OfficeExpensesGrp/TotalAmt013727
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt014724
IRS990/OtherExpensesGrp/Desc0AG RELATED ACTIVITIES
IRS990/OtherExpensesGrp/Desc1ALLOCATED MANAGEMENT SE
IRS990/OtherExpensesGrp/Desc2PRINTING & PUBLICATIONS
IRS990/OtherExpensesGrp/Desc3FEDERAL INCOME TAX
IRS990/OtherExpensesGrp/TotalAmt037718
IRS990/OtherExpensesGrp/TotalAmt127948
IRS990/OtherExpensesGrp/TotalAmt213427
IRS990/OtherExpensesGrp/TotalAmt312377
IRS990/OtherRevenueMiscGrp/BusinessCd0524298
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0INSURANCE SERVICE FEES
IRS990/OtherRevenueMiscGrp/Desc1COMMERCIAL INCOME
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt095704
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt15391
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt095704
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt15391
IRS990/OtherRevenueTotalAmt0101095
IRS990/OtherSalariesAndWagesGrp/TotalAmt0164373
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt04295
IRS990/PensionPlanContributionsGrp/TotalAmt018296
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt014201
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt011466
IRS990/PrincipalOfficerNm0STEVEN KOELLER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0110000
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc1TRANSITION FUNDS
IRS990/ProgramServiceRevenueGrp/Desc2MISCELLANEOUS
IRS990/ProgramServiceRevenueGrp/Desc3REINSTATEMENT FEES
IRS990/ProgramServiceRevenueGrp/ExclusionAmt05083
IRS990/ProgramServiceRevenueGrp/ExclusionAmt11949
IRS990/ProgramServiceRevenueGrp/ExclusionAmt230
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0144817
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0144817
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt15083
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21949
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt330
IRS990/ProgSrvcAccomActy2Grp/Desc0INFORMATION PUBLICATION - TO PROVIDE A MONTHLY PUBLICATION WITH AGRICULTURAL RELATED INFORMATION TO THE MEMBERSHIP CIRCULATION OF PUBLICATION IS TO THE MEMBERSHIP OF APPROXIMATELY 13,386. PLAT BOOK SALES - TO PROVIDE COUNTY PLAT BOOKS TO RESIDENTS OF THE COUNTY.
IRS990/ProgSrvcAccomActy3Grp/Desc0PROMOTION AND SUPPORT AGRICULTURAL RELATED ACTIVITIES - ACTIVITIES AND PROMOTIONS ARE CONDUCTED PRIMARILY FOR THE GENERAL MEMBERSHIP WITH SPECIFIC ACTIVITY INTEREST.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt034978
IRS990/PYOtherExpensesAmt0227378
IRS990/PYOtherRevenueAmt0228589
IRS990/PYProgramServiceRevenueAmt0167523
IRS990/PYRevenuesLessExpensesAmt024612
IRS990/PYSalariesCompEmpBnftPaidAmt0179100
IRS990/PYTotalExpensesAmt0406478
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0431090
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt015841
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0-31807
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt0188337
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt0188337
IRS990/SavingsAndTempCashInvstGrp/BOYAmt045425
IRS990/SavingsAndTempCashInvstGrp/EOYAmt045489
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0331935
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0819178
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01151113
IRS990ScheduleD/EquipmentGrp/BookValueAmt011064
IRS990ScheduleD/EquipmentGrp/DepreciationAmt062477
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt073541
IRS990ScheduleD/ExpensesNotReportedAmt0119893
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0432405
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt038513
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt038513
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-251
IRS990ScheduleD/OtherExpensesIncludedAmt0119893
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt08569
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt076683
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt085252
IRS990ScheduleD/OtherRevenueAmt0119893
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt050
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1287
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt2712108
IRS990ScheduleD/OtherSecuritiesGrp/Desc0INVESTMENTS IN COOPERATIVES
IRS990ScheduleD/OtherSecuritiesGrp/Desc1PARTNERSHIP INVESTMENTS
IRS990ScheduleD/OtherSecuritiesGrp/Desc2ANNUITIES
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2F
IRS990ScheduleD/RevenueNotReportedAmt0119642
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0448246
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FASB ASC 740, INCOME TAXES, 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 HAS BEEN RECORDED. THE FARM BUREAU'S INCOME TAX RETURNS ARE OPEN TO EXAMINATION BY TAXING AUTHORITIES FOR THE YEARS ENDED SEPTEMBER 30, 2013, 2014, 2015, AND 2016. RETURNS ARE GENERALLY SUBJECT TO EXAMINATION FOR THREE YEARS AFTER THEY HAVE BEEN FILED.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1RENTAL EXPENSE 119,893.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2RENTAL EXPENSE 119,893.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0390081
IRS990ScheduleD/TotalBookValueSecuritiesAmt0712445
IRS990ScheduleD/TotalExpensesPerForm990Amt0432405
IRS990ScheduleD/TotalRevenuePerForm990Amt0448246
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0567888
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0552298
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS TWO CLASSES OF MEMBERS, VOTING AND NON-VOTING WITH A TOTAL OF 13,386 MEMBERS FOR THE YEAR ENDING SEPTEMBER 30, 2016.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS HAVE THE AUTHORITY TO ELECT OR APPOINT MEMBERS OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2VARIOUS GOVERNING DECISIONS OF THE ORGANIZATION ARE SUBJECT TO APPROVAL BY THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3RETURN WILL BE REVIEWED BY THE BOARD PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION ANNUALLY REVIEWS THE POLICY AND IS REQUIRED TO ANNUALLY DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MANAGER'S 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 PER A MILEAGE AGREEMENT, WHICH IS PAID AT THE STANDARD IRS RATE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING DOCUMENTS, THE CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE ON FILE AT THE OFFICE AND AVAILABLE UPON REQUEST.

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