Civic Intelligence

Iowa Farm Bureau Federation D/B/A Kossuth County Farm Bureau

EIN 42-0684992 • 501(c)5 • Algona, IA

Profile

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

418 Hwy 18 W PO Box 679Algona, IA 50511-0679

n/A

Siviq Scores

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

Liabilities / Assets

40th percentile

0.00x

Higher debt load relative to assets than 40% of similar nonprofits.

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

Liabilities / Revenue

54th percentile

0.02x

Higher debt load relative to revenue than 54% of similar nonprofits.

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

Net Margin

48th percentile

6.9%

Higher net margin than 48% of similar nonprofits.

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

Top Officer Pay

22nd percentile

$45

Higher top officer pay than 22% of similar nonprofits.

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

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

Asset Growth

27th percentile

-0.1%

Faster asset growth than 27% of similar nonprofits.

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

Revenue Growth

37th percentile

2.7%

Faster revenue growth than 37% of similar nonprofits.

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

Assets

Down

$1,180,086

Down $1,378 (-0.1%) from 2023

Liabilities

Down

$2,850

Down $1,868 (-40%) from 2023

Net Assets

Up

$1,177,236

Up $490 (+0.0%) from 2023

Revenue

Up

$149,231

Up $3,907 (+2.7%) from 2023

Expenses

Down

$138,944

Down $730 (-0.5%) from 2023

Net Income

Up

$10,287

Up $4,637 (+82%) 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: $238,460Liabilities 2011: $472011Assets 2012: $251,672Liabilities 2012: $2,7032012Assets 2013: $266,861Liabilities 2013: $3,2302013Assets 2014: $280,627Liabilities 2014: $2,6712014Assets 2015: $289,477Liabilities 2015: $3,5432015Assets 2016: $301,201Liabilities 2016: $4,1072016Assets 2017: $276,802Liabilities 2017: $2,2142017Assets 2018: $261,519Liabilities 2018: $3,3742018Assets 2019: $243,342Liabilities 2019: $3,8602019Assets 2020: $234,729Liabilities 2020: $1,882Net Assets 2020: $232,8472020Assets 2021: $233,191Liabilities 2021: $2,960Net Assets 2021: $230,2312021Assets 2022: $1,177,820Liabilities 2022: $3,723Net Assets 2022: $1,174,0972022Assets 2023: $1,181,464Liabilities 2023: $4,718Net Assets 2023: $1,176,7462023Assets 2024: $1,180,086Liabilities 2024: $2,850Net Assets 2024: $1,177,2362024

Highlighted filing

2024

Assets$1,180,086
Liabilities$2,850
Net Assets$1,177,236

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $133,864Expenses 2011: $138,068Net Income 2011: -$4,2042011Revenue 2012: $126,304Expenses 2012: $115,948Net Income 2012: $10,3562012Revenue 2013: $126,976Expenses 2013: $123,423Net Income 2013: $3,5532013Revenue 2014: $128,107Expenses 2014: $127,684Net Income 2014: $4232014Revenue 2015: $143,831Expenses 2015: $141,744Net Income 2015: $2,0872015Revenue 2016: $142,332Expenses 2016: $146,408Net Income 2016: -$4,0762016Revenue 2017: $135,478Expenses 2017: $149,059Net Income 2017: -$13,5812017Revenue 2018: $132,414Expenses 2018: $144,657Net Income 2018: -$12,2432018Revenue 2019: $136,059Expenses 2019: $147,666Net Income 2019: -$11,6072019Revenue 2020: $134,200Expenses 2020: $134,094Net Income 2020: $1062020Revenue 2021: $183,811Expenses 2021: $137,175Net Income 2021: $46,6362021Revenue 2022: $1,113,276Expenses 2022: $135,297Net Income 2022: $977,9792022Revenue 2023: $145,324Expenses 2023: $139,674Net Income 2023: $5,6502023Revenue 2024: $149,231Expenses 2024: $138,944Net Income 2024: $10,2872024

Highlighted filing

2024

Revenue$149,231
Expenses$138,944
Net Income$10,287

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.18$0.00$1.18$0.15$0.14$0.01
2023Detailed filing. Detailed filing data is available for this year.$1.18$0.00$1.18$0.15$0.14$0.01
2022Detailed filing. Detailed filing data is available for this year.$1.18$0.00$1.17$1.11$0.14$0.98
2021Detailed filing. Detailed filing data is available for this year.$0.23$0.00$0.23$0.18$0.14$0.05
2020Detailed filing. Detailed filing data is available for this year.$0.23$0.00$0.23$0.13$0.13$0.00
2019Summary only. Only limited summary data is available for this year.$0.24$0.00$0.14$0.15$0.01
2018Summary only. Only limited summary data is available for this year.$0.26$0.00$0.13$0.14$0.01
2017Summary only. Only limited summary data is available for this year.$0.28$0.00$0.14$0.15$0.01
2016Summary only. Only limited summary data is available for this year.$0.30$0.00$0.14$0.15$0.00
2015Summary only. Only limited summary data is available for this year.$0.29$0.00$0.14$0.14$0.00
2014Summary only. Only limited summary data is available for this year.$0.28$0.00$0.13$0.13$0.00
2013Summary only. Only limited summary data is available for this year.$0.27$0.00$0.13$0.12$0.00
2012Summary only. Only limited summary data is available for this year.$0.25$0.00$0.13$0.12$0.01
2011Summary only. Only limited summary data is available for this year.$0.24$0.00$0.13$0.14$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 18, 2025
Return Version
2024v5.2
Gross Receipts
$196,393
Mission and Program Overview

Mission

Schedule O

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$995,176$995,176→ $0
Investments in Publicly Traded Securities$88,276$80,825▼ $7,451
Land, Buildings, and Equipment, Net$56,128$52,642▼ $3,486
Savings and Temporary Cash Investments$5,570$13,378▲ $7,808
Accounts Receivable$3,914$4,691▲ $777
Cash and Non-Interest-Bearing Accounts$50$50→ $0
Total Assets$1,181,464$1,180,086▼ $1,378
Other Assets Total$32,350$33,324▲ $974
Liabilities
Accounts Payable and Accrued Expenses$4,718$2,850▼ $1,868
Total Liabilities$4,718$2,850▼ $1,868
Net Assets / Fund Balance
Net Assets With Donor Restrictions$995,176$995,176→ $0
Net Assets Without Donor Restrictions$181,570$182,060▲ $490
Total Net Assets Fund Balance$1,176,746$1,177,236▲ $490
Total Liabilities and Net Assets / Fund Balance$1,181,464$1,180,086▼ $1,378

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$27,805$103,252$131,057
Equipment$4,571$37,120$41,691
Land$20,266-$20,266
Investment Program Related Org$995,176--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$1,032,688-▲ $51,476$25,215$1,058,949
2023$1,007,598-▲ $49,690$24,600$1,032,688
2022$0$995,176▲ $12,422-$1,007,598
Compensation and Service Providers

Employees

NameTitleOtherTotal
Brian TumeySecretary$45$45
Dale LappeTreasurer$45$45
Lewis RollingVice President$45$45
Rich RosenmeyerPresident$45$45
Tom EischenVoting Delegate$45$45
Brad BjustromDirector$45$45
Brian ThilgesDirector$45$45
Dave RockDirector$45$45
Dean BerteDirector$45$45
Dean BormannDirector$45$45
Dick MillerDirector$45$45
Jeff SchutjerDirector$45$45
Jesse HanselmanDirector$45$45
Josh HilbertDirector$45$45
Kevin KirschDirector$45$45

Board Members and Trustees

NameTitle
Lennon BrandtDirector
Nick MergenDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$21,932
Program Service Revenue
$65,390
Investment Income
$52,058
Other Revenue
$9,851
All Other Contributions
$20,582
Change in Net Assets
$10,287

Audited Revenue Reconciliation

Revenue per Audited Statements
$122,970
Revenue Not Reported on Financial Statements
$26,261
Revenue Not Reported on Form 990
$34,730
Other Revenue Adjustments
$26,261
Total Revenue per Audited Statements
$157,700
Total Revenue per Form 990
$149,231
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$75,579
Salaries, Compensation, and Employee Benefits$55,955
Grants and Similar Amounts Paid$4,850
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$51,784
Payments to Affiliates---$31,900
Office Expenses---$14,665
Advertising---$5,881
Conferences and Meetings---$4,798
Payroll Taxes---$4,004
Depreciation Depletion---$3,486
Grants to Domestic Orgs---$2,850
Insurance---$2,601
Benefits to Members---$2,560
Grants to Domestic Individuals---$2,000
Fees for Services Management---$1,450
Fees for Services Accounting---$1,335
Fees for Service Investment Mgmnt Fees---$901
Other Expenses---$581
Travel---$436
Other Employee Benefits---$167
Total Functional Expenses$0$0$0$138,944

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$157,210
Expenses per Audited Statements$138,944
Total Expenses per Form 990$138,944
Expenses Not Reported on Form 990$18,266
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
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
Audit committee
No
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

Governance Explanations

Form 990, Part VI, Section A, Line 6

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

Form 990, Part VI, Section A, Line 7A

The organization members elect the board of directors. In order to hold an officer position within farm bureau, the member must be actively engaged in farming, which must be their primary interest.

Form 990, Part VI, Section A, 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.

Form 990, Part VI, Section B, Line 11B

After the organizations cpa firm prepares the documentation and return, management reviews the documents and presents the return to all members of the governing body. Following approval, the return is signed by an officer and submitted to the irs.

Form 990, Part VI, Section B, Line 12C

On an annual basis, the organization requires the governing body and key employees to sign a conflicts of interest policy certification stating that they have received, read and agree to comply with the provisions set forth in the organizations conflicts of interest policy.

Form 990, Part VI, Section C, Line 18

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

Form 990, Part VI, Section C, Line 19

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

Filing and Contact Details

Filer

Filer Name
Iowa Farm Bureau Federation
EIN
42-0684992
Phone
5152955309
Address
418 HWY 18 W PO BOX 679, ALGONA, IA 50511-0679
Doing Business As
Kossuth County Farm Bureau

Signing Officer

Name
Dale Lappe
Title
Treasurer
Phone
5153410717
Signed
2025-09-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rich Rosenmeyer
Formed
1917
Legal Domicile
Ia
Voting Board Members
17
Independent Board Members
17
Employees
1
Volunteers
45

Preparer

Firm
Gardiner Company Pc
Address
10555 NEW YORK AVENUE SUITE 200, DES MOINES, IA 50322
Preparer
Max N Studer CPA
Phone
5152701446
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

K-1 investment income difference for cost basis investment (cfbrdt, llc -26,261. Endowment investment)

Financial Statement Notes

PART 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.

PART X, LINE 2:

Footnotes in financial statements: summary of significant accounting policies: in accordance with the income taxes topic of fasb asc, the company evaluates uncertain tax benefits arising from tax positions taken or expected to be taken based on the likelihood of being sustained upon examination by applicable tax authorities. If the company determines that a tax position is more likely than not of being sustained, it recognizes the largest amount of the arising benefit that is greater than 50% of being realized upon settlement in the financial statements. Any tax positions taken or expected to be taken that do not pass the more likely than not test, the company establishes reserves offsetting the benefits related to such positions. Interest and penalties if any, are included in the current provision for income taxes in the companys statements of activities and are included as a current liability in the statement of financial position. Income tax footnote: the company has evaluated its tax positions and has concluded that the organization had taken no uncertain tax positions that require adjustment to the financial statements nor was there any unrelated business income for the year ending december 31, 2024.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Rent and building expenses 18,266.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Difference between k-1 endowment investment income reported on 990 for 26,261. Cfbrdt, llc investment carried on the books at cost basis per gaap.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Rent and building expenses 18,266.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4VOTING DELEGATE
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01917
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0-2858
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt017
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt02000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt02850
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt026038
IRS990/GrossReceiptsAmt0196393
IRS990/GrossRentsGrp/RealAmt014701
IRS990/GroupExemptionNum00626
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt017
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/TotalAmt02601
IRS990/InvestmentIncomeGrp/ExclusionAmt054916
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt054916
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt0995176
IRS990/InvestmentsProgramRelatedGrp/EOYAmt0995176
IRS990/InvestmentsPubTradedSecGrp/BOYAmt088276
IRS990/InvestmentsPubTradedSecGrp/EOYAmt080825
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0140372
IRS990/LandBldgEquipBasisNetGrp/BOYAmt056128
IRS990/LandBldgEquipBasisNetGrp/EOYAmt052642
IRS990/LandBldgEquipCostOrOtherBssAmt0193014
IRS990/LegalDomicileStateCd0IA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt028896
IRS990/LessRentalExpensesGrp/RealAmt018266
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO CREATE A VIBRANT FUTURE FOR AGRICULTURE, FARM FAMILIES AND THEIR COMMUNITIES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01176746
IRS990/NetAssetsOrFundBalancesEOYAmt01177236
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-2858
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-2858
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0-3565
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-3565
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt016464
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0181570
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0182060
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/TotalAmt014665
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt032350
IRS990/OtherAssetsTotalGrp/EOYAmt033324
IRS990/OtherChangesInNetAssetsAmt0-26261
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0167
IRS990/OtherExpensesGrp/Desc0MEMBERSHIP ACQUISITION
IRS990/OtherExpensesGrp/Desc1SPOKESMAN, DUES & SUBSC
IRS990/OtherExpensesGrp/Desc2AG & COMMUNITY PROMOTIO
IRS990/OtherExpensesGrp/TotalAmt04231
IRS990/OtherExpensesGrp/TotalAmt13314
IRS990/OtherExpensesGrp/TotalAmt2581
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0EXPENSE RECOVERIES
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt013416
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt013416
IRS990/OtherRevenueTotalAmt013416
IRS990/OtherSalariesAndWagesGrp/TotalAmt051784
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/TotalAmt031900
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/TotalAmt04004
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0RICH ROSENMEYER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt065390
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt065390
IRS990/ProgSrvcAccomActy2Grp/Desc0RELATIONS/COMMUNITY OUTREACH: AS A MEMBERSHIP ORGANIZATION THE KOSSUTH COUNTY FARM BUREAU SERVES ITS MEMBERSHIP AND IT'S COMMUNITY BY PUTTING ON MANY EVENTS AND EDUCATIONAL OPPORTUNITIES. THE COUNTY HOSTED FOUR EDUCATIONAL SEMINARS RELATED TO AGRICULTURE AND HELD A PICNIC AT THE COUNTY FAIR AS APPRECIATION TO THE MEMBERSHIP IN CONJUNCTION TO A CAN DRIVE FOR THE LOCAL FOOD BANK.
IRS990/ProgSrvcAccomActy3Grp/Desc0POLICY: AS A POLICY ORGANIZATION THE COUNTY FARM BUREAU HOSTS MANY INFORMATIONAL EVENTS TO FORM ITS COUNTY POLICY AND TO BRING THEIR POLICY TO THE AWARENESS OF MANY LOCAL, COUNTY, STATE AND FEDERAL OFFICIALS. THE COUNTY HOSTS ITS BUSINESS ANNUAL MEETING TO SOLIDIFY ITS POLICY AND HOSTS MANY MEET AND GREATS WITH LOCAL OFFICIALS.
IRS990/ProgSrvcAccomActyOtherGrp/Desc0THE COMPANY HAS VARIOUS PROGRAMS THAT ARE AIMED AT PROVIDING INFORMATION TO MEMBERS ON CURRENT AGRICULTURAL ISSUES THROUGH NEWSLETTERS, MEETINGS, ETC. 1,457 MEMBERS WERE BENEFITTED IN THIS MANNER DURING 2024.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt05117
IRS990/PYContributionsGrantsAmt020256
IRS990/PYGrantsAndSimilarPaidAmt06000
IRS990/PYInvestmentIncomeAmt045797
IRS990/PYOtherExpensesAmt074928
IRS990/PYOtherRevenueAmt012896
IRS990/PYProgramServiceRevenueAmt066375
IRS990/PYRevenuesLessExpensesAmt05650
IRS990/PYSalariesCompEmpBnftPaidAmt053629
IRS990/PYTotalExpensesAmt0139674
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0145324
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt010287
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt01350
IRS990/RentalIncomeOrLossGrp/RealAmt0-3565
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd01
IRS990/SavingsAndTempCashInvstGrp/BOYAmt05570
IRS990/SavingsAndTempCashInvstGrp/EOYAmt013378
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/OnlyInHouseLobbyingInd00
IRS990ScheduleC/SubstantiallyAllDuesNondedInd01
IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt090% OF MEMBERSHIP DUES CAME FROM PERSONS, FAMILIES OR ENTITIES WHO PAID DUES OF $140 OR LESS IN 2024.
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0PART III-A, LINE 1
IRS990ScheduleD/BoardDesignatedBalanceEOYPct01.00000
IRS990ScheduleD/BuildingsGrp/BookValueAmt027805
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0103252
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0131057
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt01032688
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01058949
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt051476
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt025215
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt01007598
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01032688
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt049690
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt024600
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt00
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0995176
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt01007598
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt012422
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt04571
IRS990ScheduleD/EquipmentGrp/DepreciationAmt037120
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt041691
IRS990ScheduleD/ExpensesNotReportedAmt018266
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0138944
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0995176
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0CFBRDT LLC ENDOWMENT INVESTMENT
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/LandGrp/BookValueAmt020266
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt020266
IRS990ScheduleD/NetUnrealizedGainsInvstAmt016464
IRS990ScheduleD/OtherExpensesIncludedAmt018266
IRS990ScheduleD/OtherRevenueAmt018266
IRS990ScheduleD/OtherRevenuesNotIncludedAmt026261
IRS990ScheduleD/RevenueNotReportedAmt034730
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt026261
IRS990ScheduleD/RevenueSubtotalAmt0122970
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/ExplanationTxt1FOOTNOTES IN FINANCIAL STATEMENTS: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: IN ACCORDANCE WITH THE INCOME TAXES TOPIC OF FASB ASC, THE COMPANY EVALUATES UNCERTAIN TAX BENEFITS ARISING FROM TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN BASED ON THE LIKELIHOOD OF BEING SUSTAINED UPON EXAMINATION BY APPLICABLE TAX AUTHORITIES. IF THE COMPANY DETERMINES THAT A TAX POSITION IS MORE LIKELY THAN NOT OF BEING SUSTAINED, IT RECOGNIZES THE LARGEST AMOUNT OF THE ARISING BENEFIT THAT IS GREATER THAN 50% OF BEING REALIZED UPON SETTLEMENT IN THE FINANCIAL STATEMENTS. ANY TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT DO NOT PASS THE MORE LIKELY THAN NOT TEST, THE COMPANY ESTABLISHES RESERVES OFFSETTING THE BENEFITS RELATED TO SUCH POSITIONS. INTEREST AND PENALTIES IF ANY, ARE INCLUDED IN THE CURRENT PROVISION FOR INCOME TAXES IN THE COMPANYS STATEMENTS OF ACTIVITIES AND ARE INCLUDED AS A CURRENT LIABILITY IN THE STATEMENT OF FINANCIAL POSITION. INCOME TAX FOOTNOTE: THE COMPANY HAS EVALUATED ITS TAX POSITIONS AND HAS CONCLUDED THAT THE ORGANIZATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS NOR WAS THERE ANY UNRELATED BUSINESS INCOME FOR THE YEAR ENDING DECEMBER 31, 2024.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2RENT AND BUILDING EXPENSES 18,266.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3DIFFERENCE BETWEEN K-1 ENDOWMENT INVESTMENT INCOME REPORTED ON 990 FOR 26,261. CFBRDT, LLC INVESTMENT CARRIED ON THE BOOKS AT COST BASIS PER GAAP.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt4RENT AND BUILDING EXPENSES 18,266.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc4PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt052642
IRS990ScheduleD/TotalBookValueProgramRltdAmt0995176
IRS990ScheduleD/TotalExpensesPerForm990Amt0138944
IRS990ScheduleD/TotalRevenuePerForm990Amt0149231
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0157700
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0157210
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
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 MEMBERS ELECT THE BOARD OF DIRECTORS. IN ORDER TO HOLD AN OFFICER POSITION WITHIN FARM BUREAU, THE MEMBER MUST BE ACTIVELY ENGAGED IN FARMING, WHICH MUST BE THEIR 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/ExplanationTxt3AFTER THE ORGANIZATIONS CPA FIRM PREPARES THE DOCUMENTATION AND RETURN, MANAGEMENT REVIEWS THE DOCUMENTS AND PRESENTS THE RETURN TO ALL MEMBERS OF THE GOVERNING BODY. FOLLOWING APPROVAL, THE RETURN IS SIGNED BY AN OFFICER AND SUBMITTED TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ON AN ANNUAL BASIS, THE ORGANIZATION REQUIRES THE GOVERNING BODY AND KEY EMPLOYEES TO SIGN A CONFLICTS OF INTEREST POLICY CERTIFICATION STATING THAT THEY HAVE RECEIVED, READ AND AGREE TO COMPLY WITH THE PROVISIONS SET FORTH IN THE ORGANIZATIONS CONFLICTS OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, OR FINANCIAL STATEMENTS AVAILABLE FOR PUBLIC INSPECTION. PURSUANT TO STATE LAW, SOME DOCUMENTS MAY BE AVAILABLE TO MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, OR FINANCIAL STATEMENTS AVAILABLE FOR PUBLIC INSPECTION. PURSUANT TO STATE LAW, SOME DOCUMENTS MAY BE AVAILABLE TO MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7K-1 INVESTMENT INCOME DIFFERENCE FOR COST BASIS INVESTMENT (CFBRDT, LLC -26,261. ENDOWMENT INVESTMENT)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C

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