Civic Intelligence

Iowa Farm Bureau Federation

EIN 42-0684991 • 501(c)5 • Albia, IA

Profile

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

119 Washington Ave EastAlbia, IA 52531

n/A

Siviq Scores

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

Liabilities / Assets

49th percentile

0.01x

Higher debt load relative to assets than 49% of similar nonprofits.

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

Liabilities / Revenue

80th percentile

0.13x

Higher debt load relative to revenue than 80% of similar nonprofits.

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

Net Margin

72nd percentile

18%

Higher net margin than 72% of similar nonprofits.

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

Top Officer Pay

21st percentile

$0

Higher top officer pay than 21% of similar nonprofits.

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

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

Asset Growth

33rd percentile

1.5%

Faster asset growth than 33% of similar nonprofits.

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

Revenue Growth

75th percentile

15%

Faster revenue growth than 75% of similar nonprofits.

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

Assets

Up

$1,293,198

Up $18,497 (+1.5%) from 2023

Liabilities

Up

$8,282

Up $6,545 (+377%) from 2023

Net Assets

Up

$1,284,916

Up $11,952 (+0.9%) from 2023

Revenue

Up

$66,168

Up $8,703 (+15%) from 2023

Expenses

Up

$54,216

Up $6,386 (+13%) from 2023

Net Income

Up

$11,952

Up $2,317 (+24%) 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: $164,247Liabilities 2011: $02011Assets 2012: $174,801Liabilities 2012: $8662012Assets 2013: $183,934Liabilities 2013: $2,2762013Assets 2014: $191,243Liabilities 2014: $4,0352014Assets 2015: $195,042Liabilities 2015: $1,9152015Assets 2016: $205,895Liabilities 2016: $8272016Assets 2017: $215,077Liabilities 2017: $3,0802017Assets 2018: $225,349Liabilities 2018: $4,1182018Assets 2019: $232,691Liabilities 2019: $3,325Net Assets 2019: $229,3662019Assets 2020: $250,488Liabilities 2020: $2,476Net Assets 2020: $248,0122020Assets 2021: $262,374Liabilities 2021: $2,387Net Assets 2021: $259,9872021Assets 2022: $1,266,913Liabilities 2022: $3,584Net Assets 2022: $1,263,3292022Assets 2023: $1,274,701Liabilities 2023: $1,737Net Assets 2023: $1,272,9642023Assets 2024: $1,293,198Liabilities 2024: $8,282Net Assets 2024: $1,284,9162024

Highlighted filing

2024

Assets$1,293,198
Liabilities$8,282
Net Assets$1,284,916

Operations Trend

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

$1.5M$1.0M$500K$0Revenue 2011: $59,266Expenses 2011: $47,175Net Income 2011: $12,0912011Revenue 2012: $61,299Expenses 2012: $51,611Net Income 2012: $9,6882012Revenue 2013: $59,556Expenses 2013: $51,833Net Income 2013: $7,7232013Revenue 2014: $73,926Expenses 2014: $68,376Net Income 2014: $5,5502014Revenue 2015: $74,372Expenses 2015: $68,453Net Income 2015: $5,9192015Revenue 2016: $57,724Expenses 2016: $45,783Net Income 2016: $11,9412016Revenue 2017: $76,358Expenses 2017: $69,429Net Income 2017: $6,9292017Revenue 2018: $75,313Expenses 2018: $66,079Net Income 2018: $9,2342018Revenue 2019: $57,599Expenses 2019: $49,464Net Income 2019: $8,1352019Revenue 2020: $58,703Expenses 2020: $40,057Net Income 2020: $18,6462020Revenue 2021: $59,634Expenses 2021: $47,659Net Income 2021: $11,9752021Revenue 2022: $1,051,379Expenses 2022: $48,037Net Income 2022: $1,003,3422022Revenue 2023: $57,465Expenses 2023: $47,830Net Income 2023: $9,6352023Revenue 2024: $66,168Expenses 2024: $54,216Net Income 2024: $11,9522024

Highlighted filing

2024

Revenue$66,168
Expenses$54,216
Net Income$11,952

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.29$0.01$1.28$0.07$0.05$0.01
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.27$0.00$1.27$0.06$0.05$0.01
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.27$0.00$1.26$1.05$0.05$1.00
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.26$0.00$0.26$0.06$0.05$0.01
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.25$0.00$0.25$0.06$0.04$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.23$0.00$0.23$0.06$0.05$0.01
2018Summary only. Only limited summary data is available for this year.$0.23$0.00$0.08$0.07$0.01
2017Summary only. Only limited summary data is available for this year.$0.22$0.00$0.08$0.07$0.01
2016Summary only. Only limited summary data is available for this year.$0.21$0.00$0.06$0.05$0.01
2015Summary only. Only limited summary data is available for this year.$0.20$0.00$0.07$0.07$0.01
2014Summary only. Only limited summary data is available for this year.$0.19$0.00$0.07$0.07$0.01
2013Summary only. Only limited summary data is available for this year.$0.18$0.00$0.06$0.05$0.01
2012Summary only. Only limited summary data is available for this year.$0.17$0.00$0.06$0.05$0.01
2011Summary only. Only limited summary data is available for this year.$0.16$0.00$0.06$0.05$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
$111,521
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$1,189,967$1,159,057▼ $30,910
Savings and Temporary Cash Investments$63,546$112,559▲ $49,013
Land, Buildings, and Equipment, Net$19,810$18,041▼ $1,769
Accounts Receivable$1,378$3,541▲ $2,163
Total Assets$1,274,701$1,293,198▲ $18,497
Liabilities
Accounts Payable and Accrued Expenses$762$7,307▲ $6,545
Deferred Revenue$975$975→ $0
Total Liabilities$1,737$8,282▲ $6,545
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,272,964$1,284,916▲ $11,952
Total Net Assets Fund Balance$1,272,964$1,284,916▲ $11,952
Total Liabilities and Net Assets / Fund Balance$1,274,701$1,293,198▲ $18,497

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$15,541$61,491$77,032
Equipment$0$5,110$5,110
Land$2,500-$2,500
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

Board Members and Trustees

NameTitle
Lizzie McGlothlenFormer President (10/24)
Donnie ConwayPresident
Ashley KaldenbergDirector
Brent DueyDirector
Curtis ClarkDirector
Dan BearyDirector
Dan YuleDirector
Don NiebuhrDirector
Layne KaldenbergDirector
Maddi TyrrelDirector
Mardyl BensonDirector
Paul BelzerDirector
Logan McCreaDirector (11/24)
Nolan WehrDirector (11/24)
James YulesFormer Director (10/24)
Larry ChidesterFormer Director (10/24)
Patsy MooreFormer Director (10/24)
Ed YarkoskySecretary
Emma ConwayTreasurer
Bryan ReedVoting Delegate
Revenue and Support

Revenue Composition

Contributions and Grants
$11,771
Program Service Revenue
$20,835
Investment Income
$34,343
Other Revenue
$-781
All Other Contributions
$2,070
Change in Net Assets
$11,952
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$41,906
Salaries, Compensation, and Employee Benefits$10,131
Grants and Similar Amounts Paid$2,179
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$0$0$0$14,876
Payments to Affiliates$0$0$0$10,186
Other Salaries and Wages$0$0$0$9,330
Office Expenses$0$0$0$7,057
Advertising$0$0$0$4,297
Grants to Domestic Orgs$0--$2,179
Fees for Services Other$0$0$0$1,139
Payroll Taxes$0$0$0$756
Fees for Services Accounting$0$0$0$713
Travel$0$0$0$553
Fees for Services Management$0$0$0$463
Insurance$0$0$0$453
Other Expenses$0$0$0$176
Depreciation Depletion$0$0$0$50
Other Employee Benefits$0$0$0$45
Total Functional Expenses$0$0$0$54,216
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
42-0684991
Phone
6419322611
Address
119 Washington Ave East, Albia, IA 52531
Doing Business As
Monroe County Farm Bureau

Signing Officer

Name
Donnie Conway
Title
President
Phone
6419322611
Signed
2025-10-21
Discuss with paid preparer
Yes

Organization Details

Formed
1917
Legal Domicile
Ia
Voting Board Members
16
Independent Board Members
16
Employees
1
Volunteers
24

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 - Policy Development - Monroe County Farm Bureau prides itself on the involvement of the volunteers in creating policy for the organization. We send out an opinionnaire to members through email. We then hold a meeting to discuss the findings of that opinionnaire and create resolutions that reflect the input. These are presented at the annual membership meeting in the fall.

Other

Part III, Line 4b - Ag Promotion - Monroe County Farm Bureau uses the ability to partner with local organizations for agriculture promotion. We sponsored and promoted agriculture events at the county fair. We partner with the Cattlemens for agriculture promotion in the county. We hold producer education meetings on various topics. We place ads in the local paper. We also utilize the local radio station for agriculture and event promotion when possible.

Other

Part III, Line 4c - Ag in the Classroom - Monroe County Farm Bureau has a well-established Ag in the Classroom program. We have an Ag in the Classroom Coordinator that collaborates with schools in the county to do teacher workshops and in-classroom presentations. She is in the classroom once a month throughout the school year. On the first Thursday in May, we hold our Ag Day where all the third-grade students in the county come to the fairgrounds and are educated at various agriculture stations.

Pt VI, Line 2

Emma Conway and Donnie Conway have a family relationship. Ashley Kaldenburg and Layne Kaldenburg have a family relationship.

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/Form990PartVIISectionAGrp/PersonNm4Bryan Reed
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IRS990/Form990PartVIISectionAGrp/PersonNm7Mardyl Benson
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IRS990/Form990PartVIISectionAGrp/PersonNm11Layne Kaldenberg
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IRS990/Form990PartVIISectionAGrp/PersonNm19James Yules
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IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Former President (10/24)
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt4Voting Delegate
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IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director (11/24)
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director (11/24)
IRS990/Form990PartVIISectionAGrp/TitleTxt16Director
IRS990/Form990PartVIISectionAGrp/TitleTxt17Former Director (10/24)
IRS990/Form990PartVIISectionAGrp/TitleTxt18Former Director (10/24)
IRS990/Form990PartVIISectionAGrp/TitleTxt19Former Director (10/24)
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