Civic Intelligence

Iowa Farm Bureau Federation

EIN 42-0681397 • 501(c)5 • Spirit Lake, IA

Profile

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

PO Box A 605 18th StreetSpirit Lake, IA 51360

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

42nd percentile

0.00x

Higher debt load relative to assets than 42% of similar nonprofits.

501(c)5 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

62nd percentile

0.04x

Higher debt load relative to revenue than 62% of similar nonprofits.

501(c)5 • $1M-$5M nonprofits • Source year 2024

Net Margin

54th percentile

8.6%

Higher net margin than 54% of similar nonprofits.

501(c)5 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

67th percentile

$50

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 0.1% of source-year revenue.

$1M-$5M nonprofits • Source year 2020

Asset Growth

32nd percentile

0.8%

Faster asset growth than 32% of similar nonprofits.

501(c)5 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

79th percentile

17%

Faster revenue growth than 79% of similar nonprofits.

501(c)5 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,269,858

Up $9,932 (+0.8%) from 2023

Liabilities

Up

$4,034

Up $1,191 (+42%) from 2023

Net Assets

Up

$1,265,824

Up $8,741 (+0.7%) from 2023

Revenue

Up

$100,097

Up $14,651 (+17%) from 2023

Expenses

Up

$91,465

Up $17,531 (+24%) from 2023

Net Income

Down

$8,632

Down $2,880 (-25%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2011: $188,203Liabilities 2011: $6392011Assets 2012: $194,169Liabilities 2012: $1,5722012Assets 2013: $201,508Liabilities 2013: $2,7422013Assets 2014: $203,641Liabilities 2014: $1,8952014Assets 2015: $209,873Liabilities 2015: $1,4222015Assets 2016: $218,392Liabilities 2016: $3,3392016Assets 2017: $225,032Liabilities 2017: $3,6462017Assets 2018: $232,708Liabilities 2018: $4,6362018Assets 2019: $238,147Liabilities 2019: $3,4172019Assets 2020: $242,694Liabilities 2020: $1,367Net Assets 2020: $241,3272020Assets 2021: $251,252Liabilities 2021: $1,687Net Assets 2021: $249,5652021Assets 2022: $1,249,298Liabilities 2022: $3,742Net Assets 2022: $1,245,5562022Assets 2023: $1,259,926Liabilities 2023: $2,843Net Assets 2023: $1,257,0832023Assets 2024: $1,269,858Liabilities 2024: $4,034Net Assets 2024: $1,265,8242024

Highlighted filing

2024

Assets$1,269,858
Liabilities$4,034
Net Assets$1,265,824

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0Revenue 2011: $77,650Expenses 2011: $65,196Net Income 2011: $12,4542011Revenue 2012: $92,027Expenses 2012: $86,994Net Income 2012: $5,0332012Revenue 2013: $94,660Expenses 2013: $88,491Net Income 2013: $6,1692013Revenue 2014: $97,648Expenses 2014: $94,668Net Income 2014: $2,9802014Revenue 2015: $98,235Expenses 2015: $91,530Net Income 2015: $6,7052015Revenue 2016: $99,789Expenses 2016: $93,187Net Income 2016: $6,6022016Revenue 2017: $103,055Expenses 2017: $96,722Net Income 2017: $6,3332017Revenue 2018: $101,921Expenses 2018: $95,235Net Income 2018: $6,6862018Revenue 2019: $104,872Expenses 2019: $98,214Net Income 2019: $6,6582019Revenue 2020: $85,250Expenses 2020: $78,653Net Income 2020: $6,5972020Revenue 2021: $86,460Expenses 2021: $78,222Net Income 2021: $8,2382021Revenue 2022: $1,070,518Expenses 2022: $74,527Net Income 2022: $995,9912022Revenue 2023: $85,446Expenses 2023: $73,934Net Income 2023: $11,5122023Revenue 2024: $100,097Expenses 2024: $91,465Net Income 2024: $8,6322024

Highlighted filing

2024

Revenue$100,097
Expenses$91,465
Net Income$8,632

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.27$0.00$1.27$0.10$0.09$0.01
2023Detailed filing. Detailed filing data is available for this year.$1.26$0.00$1.26$0.09$0.07$0.01
2022Detailed filing. Detailed filing data is available for this year.$1.25$0.00$1.25$1.07$0.07$1.00
2021Detailed filing. Detailed filing data is available for this year.$0.25$0.00$0.25$0.09$0.08$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.24$0.00$0.24$0.09$0.08$0.01
2019Summary only. Only limited summary data is available for this year.$0.24$0.00$0.10$0.10$0.01
2018Summary only. Only limited summary data is available for this year.$0.23$0.00$0.10$0.10$0.01
2017Summary only. Only limited summary data is available for this year.$0.23$0.00$0.10$0.10$0.01
2016Summary only. Only limited summary data is available for this year.$0.22$0.00$0.10$0.09$0.01
2015Summary only. Only limited summary data is available for this year.$0.21$0.00$0.10$0.09$0.01
2014Summary only. Only limited summary data is available for this year.$0.20$0.00$0.10$0.09$0.00
2013Summary only. Only limited summary data is available for this year.$0.20$0.00$0.09$0.09$0.01
2012Summary only. Only limited summary data is available for this year.$0.19$0.00$0.09$0.09$0.01
2011Summary only. Only limited summary data is available for this year.$0.19$0.00$0.08$0.07$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 21, 2025
Return Version
2024v5.2
Gross Receipts
$141,350
Mission and Program Overview

Mission

Schedule O

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$995,176$995,176→ $0
Savings and Temporary Cash Investments$120,125$124,032▲ $3,907
Land, Buildings, and Equipment, Net$62,528$61,595▼ $933
Cash and Non-Interest-Bearing Accounts$48,364$49,613▲ $1,249
Investments in Publicly Traded Securities$31,000$33,124▲ $2,124
Accounts Receivable$2,733$6,318▲ $3,585
Total Assets$1,259,926$1,269,858▲ $9,932
Liabilities
Accounts Payable and Accrued Expenses$2,843$4,034▲ $1,191
Total Liabilities$2,843$4,034▲ $1,191
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,257,083$1,265,824▲ $8,741
Total Net Assets Fund Balance$1,257,083$1,265,824▲ $8,741
Total Liabilities and Net Assets / Fund Balance$1,259,926$1,269,858▲ $9,932

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$35,320$55,786$91,106
Land$24,900-$24,900
Equipment$1,375$8,466$9,841
Other Securities$995,176--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$1,035,200-▲ $55,670$25,215$1,065,494
2023$1,006,715-▲ $53,223$24,600$1,035,200
2022$0$995,176▲ $11,539-$1,006,715
Compensation and Service Providers

Employees

NameTitleOtherTotal
Dan DreeszenTreasurer$50$50
Emily BoettcherVice President$50$50
Larry SmithSecretary$50$50
Vance HjelmPresident$50$50
Ben AshlandDirector$50$50
Elwood Johnson JrDirector$50$50

Board Members and Trustees

NameTitle
Kristi PeckDirector
Gary RouseFormer Director (10/24)
Shane BushVoting Delegate
Revenue and Support

Revenue Composition

Contributions and Grants
$16,778
Program Service Revenue
$40,500
Investment Income
$31,299
Other Revenue
$11,520
Change in Net Assets
$8,632
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$53,357
Salaries, Compensation, and Employee Benefits$30,508
Grants and Similar Amounts Paid$7,600
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$0$0$0$27,846
Payments to Affiliates$0$0$0$17,820
Advertising$0$0$0$11,614
Office Expenses$0$0$0$8,847
Grants to Domestic Orgs$0--$7,100
Conferences and Meetings$0$0$0$4,426
Travel$0$0$0$3,815
Payroll Taxes$0$0$0$2,214
Fees for Services Accounting$0$0$0$1,060
Fees for Services Management$0$0$0$810
Insurance$0$0$0$552
Grants to Domestic Individuals$0--$500
Current Officers, Directors, Trustees, and Key Employees$0$0$0$300
Depreciation Depletion$0$0$0$246
Fees for Service Investment Mgmnt Fees$0$0$0$162
Other Employee Benefits$0$0$0$148
Other Expenses$0$0$0$81
Total Functional Expenses$0$0$0$91,465
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Dickinson County ExtensionSpirit Lake, IAN/aGeneral donation$7,000
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
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
42-0681397
Phone
7123363289
Address
PO Box A 605 18th Street, Spirit Lake, IA 51360
Doing Business As
Dickinson County Farm Bureau

Signing Officer

Name
Vance Hjelm
Title
President
Phone
7123363289
Signed
2025-10-21
Discuss with paid preparer
Yes

Organization Details

Formed
1916
Legal Domicile
Ia
Voting Board Members
8
Independent Board Members
8
Employees
2
Volunteers
15

Preparer

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

Additional Explanations

Pt VI, Line 6

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.

Pt VI, Line 7A

The organizations members elect the Board of Directors.

Pt VI, Line 7B

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.

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 - Promoted the issue surfacing and issue prioritization process, getting members to participate through electronic or paper surveys. Dickinson County Farm Bureau volunteers met with elected officials at a state, national, and local level to promote agriculture and advocate for issues important to members. Members represented the County Farm Bureau on school task forces to work on school finance and long-term planning that directly affects property taxes of Dickinson County members.

Other

Part III, Line 4b - Education and Agriculture in the Classroom - Promoted scholarship opportunities for members, awarding two scholarships to high school seniors in 2024. Sponsored local young farmer members to attend the Iowa Farm Bureau Young Farmer Conference to assist members with leadership development, educational opportunities in the fields of conservation and commodity markets. Enhanced the County Agriculture in the Classroom program, where students from all the public school districts in Dickinson County participated. We also host Ag Days at the Jones Dairy Farm every spring for all schools.

Other

Part III, Line 4c - Public Relations - Organized a promotion to support local food pantries during National Agriculture Week in March and participated in marketing opportunities at farmers markets and libraries to tell the story of agriculture. We also attend the farmers market at Arnolds Park to promote the importance of agriculture. During Ag Week we partner with the agent to do trivia questions.

Financial Statement Notes

Pt V, Line 4

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

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IRS990/ProgSrvcAccomActy2Grp/Desc0See Schedule O.
IRS990/ProgSrvcAccomActy3Grp/Desc0See Schedule O.
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IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0Part III-A, Line 1. 90% of dues came from persons, families, or entities who paid annual dues of $140 or less in 2024. See Rev. Proc. 2023-34.
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt08466
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt09841
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IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt024900
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0995176
IRS990ScheduleD/OtherSecuritiesGrp/Desc0CFBRDT, LLC
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Board designated funds are invested in a diversified portfolio that will provide a source of investment income to support the Organizations programs on a long-term basis.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt V, Line 4
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IRS990ScheduleI/RecipientTable/IRCSectionDesc0N/A
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0General donation
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Dickinson County Extension
IRS990ScheduleI/RecipientTable/RecipientEIN0426021419
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01600 15th St
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Spirit Lake
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IA
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Grant requests are accepted from non-profit organizations that are aligned with the mission and goals of the Dickinson County Farm Bureau. Disbursements of funds are approved by the Board of Directors. Monitoring of awarded grants may include one or more of the following: a site visit to grant recipient, phone contact or file notes.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt I Line 2
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IRS990ScheduleI/TotalOtherOrgCnt01
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The organizations members elect the Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Certain 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.
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 - Promoted the issue surfacing and issue prioritization process, getting members to participate through electronic or paper surveys. Dickinson County Farm Bureau volunteers met with elected officials at a state, national, and local level to promote agriculture and advocate for issues important to members. Members represented the County Farm Bureau on school task forces to work on school finance and long-term planning that directly affects property taxes of Dickinson County members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Part III, Line 4b - Education and Agriculture in the Classroom - Promoted scholarship opportunities for members, awarding two scholarships to high school seniors in 2024. Sponsored local young farmer members to attend the Iowa Farm Bureau Young Farmer Conference to assist members with leadership development, educational opportunities in the fields of conservation and commodity markets. Enhanced the County Agriculture in the Classroom program, where students from all the public school districts in Dickinson County participated. We also host Ag Days at the Jones Dairy Farm every spring for all schools.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Part III, Line 4c - Public Relations - Organized a promotion to support local food pantries during National Agriculture Week in March and participated in marketing opportunities at farmers markets and libraries to tell the story of agriculture. We also attend the farmers market at Arnolds Park to promote the importance of agriculture. During Ag Week we partner with the agent to do trivia questions.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 7b
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 19
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other
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