Civic Intelligence

Iowa Farm Bureau Federation

990 • Fiscal year 2022 • EIN 42-0347375

Jan 01, 2022 to Dec 31, 2022 • Filed on May 11, 2023

605 E Main PO Box 168Anamosa, IA 52205

(319) 462-4805

Siviq Scores

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

Liabilities / Assets

36th percentile

0.00x

Higher debt load relative to assets than 36% of similar nonprofits.

2022 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

34th percentile

0.00x

Higher debt load relative to revenue than 34% of similar nonprofits.

2022 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2022

Net Margin

97th percentile

89%

Higher net margin than 97% of similar nonprofits.

2022 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

20th percentile

$0

Higher top officer pay than 20% of similar nonprofits.

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

2022 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2022

Asset Growth

97th percentile

186%

Faster asset growth than 97% of similar nonprofits.

2022 filings • 501(c)5 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

97th percentile

584%

Faster revenue growth than 97% of similar nonprofits.

2022 filings • 501(c)5 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$1,537,083

Up $1,000,218 (+186%) from 2021

Net Assets

Up

$1,534,089

Up $998,910 (+187%) from 2021

Liabilities

Up

$2,994

Up $1,308 (+78%) from 2021

Revenue

Up

$1,137,595

Up $971,317 (+584%) from 2021

Expenses

Up

$123,167

Up $1,783 (+1.5%) from 2021

Net Income

Up

$1,014,428

Up $969,534 (+2160%) from 2021

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $323,741Liabilities 2011: $42011Assets 2012: $348,786Liabilities 2012: $2,3532012Assets 2013: $377,020Liabilities 2013: $3,0392013Assets 2014: $415,252Liabilities 2014: $4,7722014Assets 2015: $430,930Liabilities 2015: $4,9062015Assets 2016: $484,567Liabilities 2016: $6,031Net Assets 2016: $478,5362016Assets 2017: $470,477Liabilities 2017: $4,0362017Assets 2018: $489,404Liabilities 2018: $3,3622018Assets 2019: $499,968Liabilities 2019: $2,2762019Assets 2020: $517,567Liabilities 2020: $2,306Net Assets 2020: $515,2612020Assets 2021: $536,865Liabilities 2021: $1,686Net Assets 2021: $535,1792021Assets 2022: $1,537,083Liabilities 2022: $2,994Net Assets 2022: $1,534,0892022Assets 2023: $1,575,657Liabilities 2023: $3,419Net Assets 2023: $1,572,2382023Assets 2024: $1,582,309Liabilities 2024: $4,408Net Assets 2024: $1,577,9012024

Highlighted filing

2022

Assets$1,537,083
Liabilities$2,994
Net Assets$1,534,089

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $169,138Expenses 2011: $152,078Net Income 2011: $17,0602011Revenue 2012: $153,523Expenses 2012: $131,017Net Income 2012: $22,5062012Revenue 2013: $148,367Expenses 2013: $131,399Net Income 2013: $16,9682013Revenue 2014: $148,911Expenses 2014: $125,652Net Income 2014: $23,2592014Revenue 2015: $152,116Expenses 2015: $142,182Net Income 2015: $9,9342015Revenue 2016: $152,293Expenses 2016: $114,291Net Income 2016: $38,0022016Revenue 2017: $135,382Expenses 2017: $138,977Net Income 2017: -$3,5952017Revenue 2018: $139,731Expenses 2018: $116,130Net Income 2018: $23,6012018Revenue 2019: $139,809Expenses 2019: $121,439Net Income 2019: $18,3702019Revenue 2020: $137,156Expenses 2020: $113,167Net Income 2020: $23,9892020Revenue 2021: $166,278Expenses 2021: $121,384Net Income 2021: $44,8942021Revenue 2022: $1,137,595Expenses 2022: $123,167Net Income 2022: $1,014,4282022Revenue 2023: $149,739Expenses 2023: $126,032Net Income 2023: $23,7072023Revenue 2024: $162,422Expenses 2024: $162,552Net Income 2024: -$1302024

Highlighted filing

2022

Revenue$1,137,595
Expenses$123,167
Net Income$1,014,428
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 11, 2023
Return Version
2022v5.0
Gross Receipts
$1,142,268
Mission and Program Overview

Mission

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities-$1,287,218-
Savings and Temporary Cash Investments$347,458$161,751▼ $185,707
Investments in Publicly Traded Securities-$84,775-
Accounts Receivable$2,537$2,798▲ $261
Land, Buildings, and Equipment, Net$805$501▼ $304
Cash and Non-Interest-Bearing Accounts$40$40→ $0
Total Assets$536,865$1,537,083▲ $1,000,218
Other Assets Total$186,025--
Liabilities
Accounts Payable and Accrued Expenses$1,686$2,994▲ $1,308
Total Liabilities$1,686$2,994▲ $1,308
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$535,179$1,534,089▲ $998,910
Total Net Assets Fund Balance$535,179$1,534,089▲ $998,910
Total Liabilities and Net Assets / Fund Balance$536,865$1,537,083▲ $1,000,218

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$501$2,830$3,331
Land$0--
Other Securities$995,176--
Closely Held Equity Interests$403--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$0$995,176▲ $11,539-$1,006,715
Compensation and Service Providers

Board Members and Trustees

NameTitle
Chad AdamsPresident
Klark TelleenVice President
Dan RickelsDirector
Darrick HallDirector
Joel LasackDirector
Joshua SmithDirector
Justin HeinDirector
Kurt AndreesenDirector
Michael WolkenDirector
Garry ZumblachDirector (11/22)
Guy PetersenDirector (11/22)
Heidi HallDirector (11/22)
Kasey NebergallDirector (11/22)
Jeff ThomsenSecretary
Joel AhrendsenTreasurer
Dominic HoganVoting Delegate
Revenue and Support

Revenue Composition

Contributions and Grants
$1,021,676
Program Service Revenue
$85,005
Investment Income
$10,093
Other Revenue
$20,821
All Other Contributions
$400
Change in Net Assets
$1,014,428
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$116,957
Grants and Similar Amounts Paid$6,210
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Payments to Affiliates$0$0$0$41,558
Conferences and Meetings$0$0$0$20,310
Fees for Services Other$0$0$0$19,334
Occupancy$0$0$0$8,002
Office Expenses$0$0$0$6,053
Advertising$0$0$0$5,364
Grants to Domestic Individuals$0--$4,000
Travel$0$0$0$3,796
Fees for Services Accounting$0$0$0$2,532
Grants to Domestic Orgs$0--$2,210
Fees for Services Management$0$0$0$1,889
Other Expenses$0$0$0$1,523
Insurance$0$0$0$1,108
Fees for Service Investment Mgmnt Fees$0$0$0$919
Depreciation Depletion$0$0$0$304
Total Functional Expenses$0$0$0$123,167
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
In-house lobbying only
No
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Iowa Farm Bureau Federation
EIN
42-0347375
Phone
3194624805
Address
605 E Main PO Box 168, Anamosa, IA 52205
Doing Business As
Jones County Farm Bureau

Signing Officer

Name
Joel Ahrendsen
Title
Treasurer
Phone
3194624805
Signed
2023-05-11
Discuss with paid preparer
Yes

Organization Details

Formed
1916
Legal Domicile
Ia
Voting Board Members
16
Independent Board Members
16
Employees
0
Volunteers
26

Preparer

Firm
Iowa Farm Bureau Federation
Address
5400 University Ave, West Des Moines, IA 50266
Preparer
James Gardner
Phone
5152255400
Supplemental Narrative

Additional Explanations

Pt VI, Line 6

Any person may be a Farm Bureau member. All Farm Bureau members have the same vote and access to member benefits.

Pt VI, Line 7A

The Organization's members elect the Board of Directors each year at the annual meeting. In order to hold an officer position within Farm Bureau, the member must be actively engaged in farming, which must be his/her primary interest.

Pt VI, Line 7B

Decisions of the governing body subject to approval by members include setting annual membership dues and nominating voting delegates to the Iowa Farm Bureau Federation.

Pt VI, Line 11B

Management reviews the documents and presents the return to all members of the governing body. Following final board approval, the return is signed by an officer and submitted to the IRS.

Pt VI, Line 12C

On an annual basis, all officers, directors, and key employees are required to sign a statement which affirms that they have: 1) received a copy of the conflict of interest policy, 2) read and understood the policy, 3) agreed to comply with the policy, 4) understand that the Organization is tax-exempt and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish its tax-exempt purpose. A sub-committee, comprised of non-conflicted Board of Directors, annually receives all conflict of interest information, reviews, and determines if there are conflicts of interest. The committee then reports its findings back to the Board.

Pt VI, Line 19

The Organization does not make its governing documents, conflict of interest policy, or financial statements available for public inspection. Pursuant to state law, some documents may be available to members.

Other

Part III, Line 4a - Public Policy - The Company influenced Public Policy affecting their members. Members surfaced issues of concern to their businesses and communities, and prioritized issues raised by other members. The Board distributed an opinionnaire to poll members about priority issues and reviewed the results of that poll before drafting policy statements. The Company's Voting Delegate participated in a state-wide conference to debate draft policy statements and adopt final policy positions. The Company influenced elected officials at the local, state, and national levels on behalf of their members. Their Board met with County Supervisors to discuss local budget priorities. Leaders met with State Senators and Representatives before the session to discuss legislative priorities, and during the session, both locally and at the Capitol, to emphasize positions on pending legislation. Leaders participated in meetings with members of Congress to advocate for members on national issues.

Other

Part III, Line 4b - Public Relations - The Company promoted agriculture to its members and the general public. They partnered with other agricultural organizations to host an ag breakfast attended by the public. They sponsored print advertising in local publications promoting ag-related events and agricultural production. Members submitted content for local publications, used their personal social media platforms to promote agriculture, and appeared in media coverage.

Other

Part III, Line 4c - Education - The Company awarded scholarships to students pursuing agriculture related fields of study. They financially supported, and participated in, the local county fair.

Form 990, Part IX, Line 11G

Contract services 19334.

Financial Statement Notes

Pt V, Line 4

The Board designated funds are invested in a diversified portolio that will provide a source of investment income to support the Organization's programs on a long-term basis.

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IRS990/GroupExemptionNum00626
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt016
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt00
IRS990/InsuranceGrp/ProgramServicesAmt00
IRS990/InsuranceGrp/TotalAmt01108
IRS990/InvestmentIncomeGrp/ExclusionAmt08385
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt08385
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt01287218
IRS990/InvestmentsPubTradedSecGrp/EOYAmt084775
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02830
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0805
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0501
IRS990/LandBldgEquipCostOrOtherBssAmt03331
IRS990/LegalDomicileStateCd0IA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt04673
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0To create a vibrant future for agriculture, farm families and their communities.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0535179
IRS990/NetAssetsOrFundBalancesEOYAmt01534089
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt01708
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt01708
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-15518
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0535179
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01534089
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt00
IRS990/OccupancyGrp/ProgramServicesAmt00
IRS990/OccupancyGrp/TotalAmt08002
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt00
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt06053
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0186025
IRS990/OtherExpensesGrp/Desc0Dues and subscriptions
IRS990/OtherExpensesGrp/Desc1Membership acquisition
IRS990/OtherExpensesGrp/Desc2Other program services
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt20
IRS990/OtherExpensesGrp/TotalAmt04054
IRS990/OtherExpensesGrp/TotalAmt1211
IRS990/OtherExpensesGrp/TotalAmt21523
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt00
IRS990/PaymentsToAffiliatesGrp/TotalAmt041558
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0Joel Ahrendsen
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0813910
IRS990/ProgramServiceRevenueGrp/Desc0Membership dues
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt085005
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgSrvcAccomActy2Grp/Desc0See Schedule O.
IRS990/ProgSrvcAccomActy3Grp/Desc0See Schedule O.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt05453
IRS990/PYContributionsGrantsAmt023430
IRS990/PYGrantsAndSimilarPaidAmt010450
IRS990/PYInvestmentIncomeAmt038169
IRS990/PYOtherExpensesAmt087219
IRS990/PYOtherRevenueAmt019899
IRS990/PYProgramServiceRevenueAmt084780
IRS990/PYRevenuesLessExpensesAmt044894
IRS990/PYSalariesCompEmpBnftPaidAmt018262
IRS990/PYTotalExpensesAmt0121384
IRS990/PYTotalRevenueAmt0166278
IRS990/ReconcilationRevenueExpnssAmt01014428
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt01021276
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesRevenueGrp/ExclusionAmt020821
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt020821
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0347458
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0161751
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/ScheduleBRequiredInd0true
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/OnlyInHouseLobbyingInd0false
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0true
IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0Part III-A, Line 1. 90% of dues came from persons, families, or entities who paid annual dues of $124 or less in 2022. See Rev. Proc. 2021-45.
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0Other
IRS990ScheduleD/BoardDesignatedBalanceEOYPct01.00000
IRS990ScheduleD/CloselyHeldEquityInterestsGrp/BookValueAmt0403
IRS990ScheduleD/CloselyHeldEquityInterestsGrp/MethodValuationCd0C
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt00
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0995176
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01006715
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt011539
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0501
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02830
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03331
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0291639
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1995176
IRS990ScheduleD/OtherSecuritiesGrp/Desc0FBL Deferred Annuity Investment
IRS990ScheduleD/OtherSecuritiesGrp/Desc1CFBRDT, LLC
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Board designated funds are invested in a diversified portolio that will provide a source of investment income to support the Organization's programs on a long-term basis.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt V, Line 4
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0501
IRS990ScheduleD/TotalBookValueSecuritiesAmt01287218
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Any person may be a Farm Bureau member. All Farm Bureau members have the same vote and access to member benefits.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Organization's members elect the Board of Directors each year at the annual meeting. In order to hold an officer position within Farm Bureau, the member must be actively engaged in farming, which must be his/her primary interest.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Decisions of the governing body subject to approval by members include setting annual membership dues and nominating voting delegates to the Iowa Farm Bureau Federation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Management reviews the documents and presents the return to all members of the governing body. Following final board approval, the return is signed by an officer and submitted to the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4On an annual basis, all officers, directors, and key employees are required to sign a statement which affirms that they have: 1) received a copy of the conflict of interest policy, 2) read and understood the policy, 3) agreed to comply with the policy, 4) understand that the Organization is tax-exempt and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish its tax-exempt purpose. A sub-committee, comprised of non-conflicted Board of Directors, annually receives all conflict of interest information, reviews, and determines if there are conflicts of interest. The committee then reports its findings back to the Board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The Organization does not make its governing documents, conflict of interest policy, or financial statements available for public inspection. Pursuant to state law, some documents may be available to members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Part III, Line 4a - Public Policy - The Company influenced Public Policy affecting their members. Members surfaced issues of concern to their businesses and communities, and prioritized issues raised by other members. The Board distributed an opinionnaire to poll members about priority issues and reviewed the results of that poll before drafting policy statements. The Company's Voting Delegate participated in a state-wide conference to debate draft policy statements and adopt final policy positions. The Company influenced elected officials at the local, state, and national levels on behalf of their members. Their Board met with County Supervisors to discuss local budget priorities. Leaders met with State Senators and Representatives before the session to discuss legislative priorities, and during the session, both locally and at the Capitol, to emphasize positions on pending legislation. Leaders participated in meetings with members of Congress to advocate for members on national issues.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Part III, Line 4b - Public Relations - The Company promoted agriculture to its members and the general public. They partnered with other agricultural organizations to host an ag breakfast attended by the public. They sponsored print advertising in local publications promoting ag-related events and agricultural production. Members submitted content for local publications, used their personal social media platforms to promote agriculture, and appeared in media coverage.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Part III, Line 4c - Education - The Company awarded scholarships to students pursuing agriculture related fields of study. They financially supported, and participated in, the local county fair.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Contract services 19334.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.58$0.00$1.58$0.16$0.16$0.00
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.58$0.00$1.57$0.15$0.13$0.02
2022Detailed filing. Detailed filing data is available for this year.$1.54$0.00$1.53$1.14$0.12$1.01
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.54$0.00$0.54$0.17$0.12$0.04
2020Detailed filing. Detailed filing data is available for this year.$0.52$0.00$0.52$0.14$0.11$0.02
2019Summary only. Only limited summary data is available for this year.$0.50$0.00$0.14$0.12$0.02
2018Summary only. Only limited summary data is available for this year.$0.49$0.00$0.14$0.12$0.02
2017Summary only. Only limited summary data is available for this year.$0.47$0.00$0.14$0.14$0.00
2016Summary only. Only limited summary data is available for this year.$0.48$0.01$0.48$0.15$0.11$0.04
2015Summary only. Only limited summary data is available for this year.$0.43$0.00$0.15$0.14$0.01
2014Summary only. Only limited summary data is available for this year.$0.42$0.00$0.15$0.13$0.02
2013Summary only. Only limited summary data is available for this year.$0.38$0.00$0.15$0.13$0.02
2012Summary only. Only limited summary data is available for this year.$0.35$0.00$0.15$0.13$0.02
2011Summary only. Only limited summary data is available for this year.$0.32$0.00$0.17$0.15$0.02