Civic Intelligence

Iowa Farm Bureau Federation

EIN 42-0685012 • 501(c)5 • Thompson, IA

Profile

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

106 Adams StThompson, IA 50478

n/A

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.00x

Higher debt load relative to assets than 33% of similar nonprofits.

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

Liabilities / Revenue

53rd percentile

0.02x

Higher debt load relative to revenue than 53% of similar nonprofits.

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

Net Margin

87th percentile

30%

Higher net margin than 87% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

43rd percentile

3.2%

Faster asset growth than 43% of similar nonprofits.

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

Revenue Growth

88th percentile

28%

Faster revenue growth than 88% of similar nonprofits.

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

Assets

Up

$1,454,453

Up $44,740 (+3.2%) from 2023

Liabilities

Up

$1,805

Up $111 (+6.6%) from 2023

Net Assets

Up

$1,452,648

Up $44,629 (+3.2%) from 2023

Revenue

Up

$101,261

Up $22,188 (+28%) from 2023

Expenses

Up

$70,718

Up $6,568 (+10%) from 2023

Net Income

Up

$30,543

Up $15,620 (+105%) 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: $172,410Liabilities 2011: $02011Assets 2012: $189,850Liabilities 2012: $4,4702012Assets 2013: $220,084Liabilities 2013: $3,7182013Assets 2014: $235,748Liabilities 2014: $4,3312014Assets 2015: $237,973Liabilities 2015: $2,3492015Assets 2016: $255,577Liabilities 2016: $1,8102016Assets 2017: $285,128Liabilities 2017: $2,1142017Assets 2018: $264,431Liabilities 2018: $2,1242018Assets 2019: $313,032Liabilities 2019: $4,2942019Assets 2020: $345,778Liabilities 2020: $1,826Net Assets 2020: $343,9522020Assets 2021: $404,005Liabilities 2021: $684Net Assets 2021: $403,3212021Assets 2022: $1,358,173Liabilities 2022: $2,754Net Assets 2022: $1,355,4192022Assets 2023: $1,409,713Liabilities 2023: $1,694Net Assets 2023: $1,408,0192023Assets 2024: $1,454,453Liabilities 2024: $1,805Net Assets 2024: $1,452,6482024

Highlighted filing

2024

Assets$1,454,453
Liabilities$1,805
Net Assets$1,452,648

Operations Trend

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

$1.5M$1.0M$500K$0Revenue 2011: $79,015Expenses 2011: $75,927Net Income 2011: $3,0882011Revenue 2012: $83,028Expenses 2012: $80,860Net Income 2012: $2,1682012Revenue 2013: $90,296Expenses 2013: $80,728Net Income 2013: $9,5682013Revenue 2014: $95,110Expenses 2014: $85,565Net Income 2014: $9,5452014Revenue 2015: $93,915Expenses 2015: $79,398Net Income 2015: $14,5172015Revenue 2016: $92,374Expenses 2016: $83,310Net Income 2016: $9,0642016Revenue 2017: $100,514Expenses 2017: $80,277Net Income 2017: $20,2372017Revenue 2018: $95,807Expenses 2018: $78,775Net Income 2018: $17,0322018Revenue 2019: $90,128Expenses 2019: $77,255Net Income 2019: $12,8732019Revenue 2020: $89,851Expenses 2020: $72,599Net Income 2020: $17,2522020Revenue 2021: $113,395Expenses 2021: $81,457Net Income 2021: $31,9382021Revenue 2022: $1,075,147Expenses 2022: $61,928Net Income 2022: $1,013,2192022Revenue 2023: $79,073Expenses 2023: $64,150Net Income 2023: $14,9232023Revenue 2024: $101,261Expenses 2024: $70,718Net Income 2024: $30,5432024

Highlighted filing

2024

Revenue$101,261
Expenses$70,718
Net Income$30,543

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.45$0.00$1.45$0.10$0.07$0.03
2023Detailed filing. Detailed filing data is available for this year.$1.41$0.00$1.41$0.08$0.06$0.01
2022Detailed filing. Detailed filing data is available for this year.$1.36$0.00$1.36$1.08$0.06$1.01
2021Detailed filing. Detailed filing data is available for this year.$0.40$0.00$0.40$0.11$0.08$0.03
2020Detailed filing. Detailed filing data is available for this year.$0.35$0.00$0.34$0.09$0.07$0.02
2019Summary only. Only limited summary data is available for this year.$0.31$0.00$0.09$0.08$0.01
2018Summary only. Only limited summary data is available for this year.$0.26$0.00$0.10$0.08$0.02
2017Summary only. Only limited summary data is available for this year.$0.29$0.00$0.10$0.08$0.02
2016Summary only. Only limited summary data is available for this year.$0.26$0.00$0.09$0.08$0.01
2015Summary only. Only limited summary data is available for this year.$0.24$0.00$0.09$0.08$0.01
2014Summary only. Only limited summary data is available for this year.$0.24$0.00$0.10$0.09$0.01
2013Summary only. Only limited summary data is available for this year.$0.22$0.00$0.09$0.08$0.01
2012Summary only. Only limited summary data is available for this year.$0.19$0.00$0.08$0.08$0.00
2011Summary only. Only limited summary data is available for this year.$0.17$0.00$0.08$0.08$0.00
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
$113,423
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$995,176$995,176→ $0
Investments in Publicly Traded Securities$294,730$337,158▲ $42,428
Savings and Temporary Cash Investments$103,573$108,212▲ $4,639
Land, Buildings, and Equipment, Net$13,820$11,371▼ $2,449
Accounts Receivable$2,389$2,511▲ $122
Cash and Non-Interest-Bearing Accounts$25$25→ $0
Total Assets$1,409,713$1,454,453▲ $44,740
Liabilities
Accounts Payable and Accrued Expenses$1,694$1,805▲ $111
Total Liabilities$1,694$1,805▲ $111
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,408,019$1,452,648▲ $44,629
Total Net Assets Fund Balance$1,408,019$1,452,648▲ $44,629
Total Liabilities and Net Assets / Fund Balance$1,409,713$1,454,453▲ $44,740

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$8,080$103,529$111,609
Equipment$183$26,206$26,389
Land$3,108-$3,108
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
Mike KettwickPresident
Jacob WestVice President
Carolyn BadjeDirector
Holden NyhusDirector
Robert NathDirector
Steven OlsenDirector
Ted ThompsonDirector
Dylan VoortmannDirector (11/24)
Justin MurrayDirector (11/24)
Taylor NelsonDirector (11/24)
Jay MathahsFormer Director (10/24)
Michael YeggeSecretary
Harley HassebroekTreasurer
Scott AndersonVoting Delegate
Revenue and Support

Revenue Composition

Contributions and Grants
$11,511
Program Service Revenue
$33,385
Investment Income
$56,959
Other Revenue
$-594
Change in Net Assets
$30,543
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$45,697
Salaries, Compensation, and Employee Benefits$15,839
Grants and Similar Amounts Paid$9,182
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$0$0$0$14,513
Payments to Affiliates$0$0$0$13,354
Advertising$0$0$0$11,799
Office Expenses$0$0$0$8,202
Grants to Domestic Orgs$0--$6,682
Travel$0$0$0$4,256
Conferences and Meetings$0$0$0$3,371
Grants to Domestic Individuals$0--$2,500
Payroll Taxes$0$0$0$1,149
Fees for Services Accounting$0$0$0$857
Fees for Services Management$0$0$0$607
Insurance$0$0$0$541
Other Expenses$0$0$0$486
Other Employee Benefits$0$0$0$177
Depreciation Depletion$0$0$0$122
Total Functional Expenses$0$0$0$70,718
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
42-0685012
Phone
6415842265
Address
106 Adams St, Thompson, IA 50478
Doing Business As
Winnebago County Farm Bureau

Signing Officer

Name
Harley Hassebroek
Title
Treasurer
Phone
6415842265
Signed
2025-10-21
Discuss with paid preparer
Yes

Organization Details

Formed
1918
Legal Domicile
Ia
Voting Board Members
13
Independent Board Members
13
Employees
1
Volunteers
13

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 - Agriculture in the Classroom - The main focus of Winnebago County Farm Bureau and the direction of its Board of Directors has been the spread of Agriculture in the Classroom. This happens in many ways; one is the donations to the countys three FFA Clubs. Another form is the countys support of North Central Iowa Ag in the Classroom (NCIAITC) and its membership dues. NCIAITC teaches every elementary student in the county about how Agriculture affects their lives. The other avenue that the County Farm Bureau uses is its Ag Fair. The Ag Fair is for all 300+ 4th graders in the county.

Other

Part III, Line 4b - As a membership organization, the Winnebago County Farm Bureau serves its membership and its community by putting on many events and educational opportunities. The county hosted three educational seminars related to agriculture and held a picnic at the county fair as appreciation to the membership, in conjunction with a can drive for the local food bank.

Other

Part III, Line 4c - Policy - 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 annual business meeting to solidify its policy and hosts many meet-and-greets with local officials.

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/MissionDesc0To create a vibrant future for agriculture, farm families and their communities.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01408019
IRS990/NetAssetsOrFundBalancesEOYAmt01452648
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IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt014086
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01408019
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01452648
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IRS990/OfficeExpensesGrp/TotalAmt08202
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
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IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
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IRS990/OtherEmployeeBenefitsGrp/TotalAmt0177
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IRS990/OtherExpensesGrp/Desc2Other program services
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IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
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IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt20
IRS990/OtherExpensesGrp/TotalAmt01872
IRS990/OtherExpensesGrp/TotalAmt1230
IRS990/OtherExpensesGrp/TotalAmt2486
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IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
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IRS990/OtherSalariesAndWagesGrp/TotalAmt014513
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
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IRS990/PaymentsToAffiliatesGrp/TotalAmt013354
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt00
IRS990/PayrollTaxesGrp/TotalAmt01149
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0Mike Kettwick
IRS990/ProfessionalFundraisingInd0false
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IRS990/ProgSrvcAccomActy2Grp/Desc0See Schedule O.
IRS990/ProgSrvcAccomActy3Grp/Desc0See Schedule O.
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IRS990/PYRevenuesLessExpensesAmt014923
IRS990/PYSalariesCompEmpBnftPaidAmt018028
IRS990/PYTotalExpensesAmt064150
IRS990/PYTotalRevenueAmt079073
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IRS990/RentalIncomeOrLossGrp/RealAmt0-4162
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IRS990/ReportOtherLiabilitiesInd0false
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt0108212
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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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 $140 or less in 2024. See Rev. Proc. 2023-34.
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0Other
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt0103529
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0111609
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt0161
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IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01065494
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt055670
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt025215
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IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01035200
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt053223
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt024600
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IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt011539
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IRS990ScheduleD/EquipmentGrp/BookValueAmt0183
IRS990ScheduleD/EquipmentGrp/DepreciationAmt026206
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt026389
IRS990ScheduleD/LandGrp/BookValueAmt03108
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt03108
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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IRS990ScheduleD/TotalBookValueSecuritiesAmt0995176
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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 - Agriculture in the Classroom - The main focus of Winnebago County Farm Bureau and the direction of its Board of Directors has been the spread of Agriculture in the Classroom. This happens in many ways; one is the donations to the countys three FFA Clubs. Another form is the countys support of North Central Iowa Ag in the Classroom (NCIAITC) and its membership dues. NCIAITC teaches every elementary student in the county about how Agriculture affects their lives. The other avenue that the County Farm Bureau uses is its Ag Fair. The Ag Fair is for all 300+ 4th graders in the county.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Part III, Line 4b - As a membership organization, the Winnebago County Farm Bureau serves its membership and its community by putting on many events and educational opportunities. The county hosted three educational seminars related to agriculture and held a picnic at the county fair as appreciation to the membership, in conjunction with a can drive for the local food bank.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Part III, Line 4c - Policy - 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 annual business meeting to solidify its policy and hosts many meet-and-greets with local officials.
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

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