Iowa Farm Bureau Federation

“The organization has members. Any person may be a county Farm Bureau member. All county Farm Bureau members have voting rights and the same access to member benefits.”

“The organizations members elect the Board of Directors.”

“Certain rights are reserved to members of the organization, including: 1) elect the Board of Directors, including the voting delegate to the Iowa Farm Bureau Federation, 2) adopt amendments to the Articles of Incorporation, and 3) adopt amendments to those bylaws designated as member bylaws.”

“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.”

“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.”

“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.”

“Derrick Black and Adam Gibson have a family relationship.”

“Part III, Line 4a - Education - The company spends time educating the public and youth about Iowas agriculture and the agricultural economy. Three college scholarships were awarded to deserving local students. The Company also has an ongoing Ag in the Classroom program. Programs and presentations were completed in local elementary schools and with an increased use of wireless technology. Two hundred fifty students were impacted by these programs.”

“Part III, Line 4b - Public Policy - The company functions as a grassroots support network for engaging in public policy education and communications affecting their membership. A member survey is distributed to 577 members to obtain thoughts and opinions on issues affecting them on a local, state, and national level. Legislative meetings and policy education sessions were hosted for members throughout the season.”

“Part III, Line 4c - Agriculture Promotion - The company promoted agriculture to the general public and its members throughout the year. The company promoted agriculture through sponsorship of the eight local food pantries in Story County and sponsorship of events at the county fair for the general public.”